From: "Geo" 

"Steve Ewing"  wrote in message
news:opsl0he1idsagvys{at}news.barkto.com...

> Geo.: The "fund" has not been stashed in a vault, no, it has
been used to
> buy Treasury bonds.  At some point the gov't is going to have to repay
> them, with interest.  Therefore there is a looming problem with the
> general fund (that will require tax increases to cover),

In other words they took the money with no way to pay it back. Isn't that
pretty much what I said?

SS should have been lending money to people with at least a little collateral.

Geo.

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