By Daryl Hunter
It becomes clearer each day that the only way we can
save Social
Security is by legal intervention by the American People as it
is not in our legislators interest to tamper with their Social Security
Slush Fund. Our Social Security Trust Fund remains within the General
Fund of the United States Treasury where imprudent federal spending
continues to usurp the Trust Fund for matters it was never intended
for. This 70+ years of commingling of the SSI Trust Fund inside the US Treasury
has crippled it's original ability to be self-sustaining. If it had
been in an account of it's own collecting interest or invested in a
mutual fund spanning the spectrum of the 500 best performing stocks
in America we would not be addressing a Social Security Trust Fund
crisis today.
You hear a lot today about the Social Security surplus. It is in the
news because of plans to usurp this surplus to reduce the on budget National
Debt; the National Debt owned by the public. This is only an accounting
trick because nothing is really paid or reduced as Uncle Sam is borrowing
from Peter to pay Paul and Uncle Sam will have to pay Peter interest
on said loan to Paul. Uncle Sam has been involved in this shell game
since Social Security's inception.
I take exception to the term of Social Security Surplus as it is not
a surplus but the collective equity of the American People's retirement
fund. This equity is not a slush fund for our legislators to dip
into when they fail to spend within their budgetary constraints. These
actions are no different from what went on in the 80's during the Savings
and Loan scandals when the trustees of the Saving and Loans absconded
with the inventory of their institutions. Apparently the only difference
is Uncle Sam Keatting has no accountability.
Lets change this imbecilic oversight. I propose that Citizens For
A Freer America sue the United States Of America on behalf of the American
People for mismanagement of the Social Security Trust Fund. We will
sue for back payment of the Social Security money squandered that should
have been in trust, invested in an interest bearing account or interest
bearing bonds. As such an amount of money would be unobtainable, we
are prepared to settle for restructuring the current Social Security
Trust Fraud into a true Trust Fund, removed from the General Fund of
the United States Treasury, to be managed with much scrutiny and accountability
as a growth fund by trustworthy trustees. Such management will halt
the hemorrhage of Social Security Equity's thereby saving Social Security.
That's my proposal, lets find a way to make it happen.
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