On Tue, 4 Aug 2015 21:50:15 -0500, Martin Eastburn
wrote:

Then why did the law state that no stock market investment allowed,
just cash is cash. ? That means the fund was there if it had rules.
Martin

It doesn't say anything about cash. It specifies that the "fund" is
kept in the form of Treasury bonds. And the rules are specific about
it.

--
Ed Huntress


On 8/4/2015 2:53 AM, Ed Huntress wrote:
On Mon, 3 Aug 2015 21:30:50 -0500, Martin Eastburn
wrote:

The fund was sacked during or just after WWII. A long time ago.
Was never repaid as stated and they just kept spending and created the IRS.

Martin

There never was a fund. There never was any money in it. There was
nothing to repay. The Bureau of Internal Revenue was created in 1862.