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No Social Security Trust Fund?? Where the hell did I hear that before? Oh yeah, right-wing, CATO Institute, Heritage Foundation, Rush and Insanity "Talking Points".
The fact is that there IS a Trust Fund. Just because the pResident and the Republicans can't keep their hands off of it, spent it on massive tax-cuts to the wealthiest of their contributors, and made a mockery of fiscal responsibility, does not mean it does not exist.
I know, I know, the right keeps filling everyones tiny little brains with sound-bites from the "wee cowboy" that it's nothing but a bunch of worthless IOU's. Gee, I bet the Chinese that have bought up massive amounts of our debt would be surprised to hear that what they hold is "worthless". You better hope they never take the pResident at his word and divest themselves of those worthless pieces of paper.
Try this experiment for me. Pull out a $20 bill from your wallet. What does it say across the top? "Federal Reserve Note"." Now, take that $20 bill and try to buy lunch with it. Do you think the waitress is going to refuse to accept it, because it is a "worthless piece of paper"?
If she does, we're in a world of shit. You see, the trust fund is just like that $20 bill (at least it used to be). It's accepted because it is backed by the "full faith and credit" of the United States of America.
Now, if the little Kennebunkport Cowboy is telling you that's a "worthless piece of paper", well then you need to read the Constitution.
THAT's AN IMPEACHABLE OFFENSE!
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