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Social Security Trust Fund
By Daryl L. Hunter

It is a shame that our Social Security Trust Fund has had the United States Congress as it's Trustee. It has been used, borrowed, misappropriated, commingled and hijacked. A trust fund in the private sector managed as this one would have the trustees in jail.

The 106 congress has claimed to have put the Social Security Trust Fund in a Lock Box so the Trust Fund isn't any longer used as a Congressional and Presidential slush fund. However apparently the Lock Box is rhetoric over substance because the Fund remains part of the General Fund in the The United States Treasury instead of in an interest bearing, or investment account of it's own.

Before I go any farther I would like to point out that the so called Social Security Surplus is not a surplus, but a remnant of the American Peoples equity in their grossly mismanaged collective retirement fund. Not surplus discressionary spending funds for the politicians. The term surplus alludes to the mistaken belief that they are not needed where they were originally targeted for, the Social Security "Growth" Trust Fund. So whenever you hear any politician talk of the Social Security Surplus transpose the word surplus to equity so you will be more aware of what you are being screwed out of.

Our Government continues to use the current and temporary Social Security surplus to credit our by commingling the Social Security Trust Fund with the General Fund. This is smoke, and mirrors and our legislators Republican and Democrat alike know this. Yet still they use this hocus pocus accounting to push their own political agenda's.

The optimistically projected 10 year budget surplus of 3,000,000,000,000 (three trillion dollars) is bolstered by the so called Lock Box of the Social Security Trust Fund that shouldn't be commingling inside the General Fund in the first place. If you subtract the Social Security Trust Fund surplus/equity (2 trillion Dollars) from the General Fund surplus (3 trillion dollars) you find the real projected surplus of 1 trillion Dollars.

The Republicans want to refund 800 billion dollars of this "surplus" to us taxpayers, you, me, and Wall Street, and use the remaining estimated 200 billion to pay down our National Debt of 5,600,000,000,000 (5.6 trillion Dollars). OK, Lets all spit in the ocean and see whether we can raise the tides. If you don't live near an ocean, spit in your nearest creek, the result will be the same. This irresponsible double counting of commingled money renders the Republicans incompetent trustees of the Social Security Trust Fund.

The Democrats are paying major lip service to paying off the National Debt however their dedication to Lyndon Johnson's Great Society and Franklin Rosevelts New Deal and all their socialist programs render them incapable of fiscal responsibility, therefor incompetent trustees of the Social Security Trust Fund.

Our respective parties rational (or should I say rationalization) is that the 3 trillion dollar combination of the Social Security Trust Fund surplus/equity and the General Fund surplus, credit our 5.6 trillion national debt. A smoke and mirrors way supposedly reducing the debt by 2 to 3 trillion dollars depending on the Party's plan.

As good as that sounds, the 2 trillion dollar surplus (the supposed Lock Boxed Social Security Trust Fund) is earmarked to fund the Social Security needs for the baby bust years when the baby boomers begin drawing from the Social Security trust fund, rapidly turning the Social Security Trust Fund Surplus/equity into the Social Security Deficit. So that by whoever's plan you go by the General Fund benefits by accounting tricks only, because when the baby boomers turn the Social Security Trust Fund into a Deficit, the Social Security benefits will have come out of the mismanaged, commingled General Fund compounding the problem of the collectively ignored, abused, neglected and defrauded National Debt.

What Can We Do

#1We as American voters must do what we started in 1994. We had a populist uprising at the ballot box that restored my faith in our American System. We upset the status quo, and we need to do it again. Both parties survive on pork barrel politics which all of us are guilty of supporting. Consequently, we are all paying the price of our own selfish needs by demanding our own piece of pork by supporting legislators from our home districts that bring home said pork. We need to support legislators that can stand on principal and vote for the collective good of this great country.

Citizens For A Freer America supports the campaign finance reform that will benefit the Democrats more than Republicans although this kicks us conservatives where it hurts (soft money) we must stand on principal and help end soft money contributions, the source of "out of district" pork barrel spending which is decimating the judgment of our legislators of both parties. Unlimited campaign contributions from Wall Street, Labor Unions, and China must STOP!

If the Pork Barrel Culture of our legislators can't be stopped Citizens For A Freer America will have to start a term limit advocacy. However, today we are not for term limits because it is senseless to discard moral, conscientious, effective legislators due to a limit on time brought on by legislators engaging in pork barrel spending, recklessly endangering the Social Security Trust Fund the General Fund and the trust of the American People.

#2 We must demand that the Social Security Trust Fund Remains separate from the General fund in an account of it's own where the American people can monitor it, and a board of trustees can hopefully make it grow.

#3 Commingling is against the law in the private sector, and it should be against the law for the government also. We should only count our national assets once if we really want to know our nations bottom line. We do want to know our bottom line don't we. For other ideas see our Think Tank.

Please help support Citizens For a Freer America in our effort to keep America financially safe by holding our legislators feet to the fire.