The caller on C-SPAN that called in about sections of SS law....

[kentuck]

Quoted two separate sections which made it illegal to spend the SS funds but gave the Congress the right to invest it for the best interest of the people... Anybody get the sections he quoted??

[GR]

1. No But 14th Ammendment Requires That Bonds Be Redeemed...

so the Trust Fund is valid. I know that much....

Section. 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

[Done]

2. Question

"A lot of people in America think there's a trust," Bush told a town hall style forum. "But that's not the way it works," he said. "There is no trust fund -- just IOUs."

question, did shrub violate the constitution?

[Norquist Nemesis]

4. Actually, Congress has been doing it for quite a while n/t

[Vadem]

3. I think the sections cited were 114(d) and 1145(a)....n/t

[kentuck]

5. Thanks!

:)