Reality Check

[Don Hutchison <don@cboss.com>]

James, Nothing I have written has been about safety for Congress.
My concern is for the worker who pays 12.4% into OASI and also pays
Fed. Inc. Tax on her/his money "in the SSTrustFund," which is in
reality not there.  Playing word games like "shore up the system"
and "extend solvency" do nothing e to change the reality that every
dollar into the SSTF automatically adds to taxpayer debt and the
billions of interest we pay each year.  Certainly US Bonds are
safe. Congress does not even have to phone the IRS and say "Go get
'em again tiger!" The IRS knows what is expected of them. Read the
SS literature of past years.  We TP's are not wanting to pay 12.4%
to add to our debt. We want a return of much, much higher than
minus one hundred percent. If you guys and gals continue of your
present path, in 15 or 20 years you could easily see the end of
both political parties. Nobody left but Libertarians. You MUST
start thinking about how to help the TP, not increase her/his debt.

Don