Saturday, April 4, 2009

Here's a good one for you. Since incomes are down due to the American Dream Democratic bubble burst, the amount of Social Security withholding has also decreased. When the Federals create enough money flow to increase incomes again, then Social Security withholdings will increase... and the Federals will spend it on other stuff they want, like earmarks.

According to this, the Democrats under Lyndon Johnson started raiding Social Security by placing the S.S. funds under the "general budget" umbrella. Congress has raided S.S. ever since. No cash is left lying around unspent by the Federals.

Between the gargantuan spending of the Democrats and the deafening sucking sound in the Social Security account, the dollar will be worth nothing and Social Security won't even have one to give back to you.

Perhaps the new currency will be the Chinese Yuan, when the Chinese get around to forcing the bankruptsy of the USA. Of course in China there are two currencies, one for the government and one for the common folk, who are not allowed to own government currency. Being common folk, we would not get the good government stuff. So the path to complete socialism, totalitarian style, would be complete. Just a thought.

As I said before, invest in ammunition, if you can find it.

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