CNN Debate Question - Social Security

The total national debt as of July 13th, 2007: $8,877,766,570,437.56
http://www.treasurydirect.gov/NP/BPDLogin?application=np

Last year, the national debt increased by over $574 billion, which works out to over half a million dollars every 30 seconds.
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

So far, politicians have borrowed $1.959 trillion out of the Social Security trust fund, even though this money will be necessary to pay out retirement benefits in future years.
http://www.treasurydirect.gov/govt/reports/pd/mspd/2007/opds062007.pdf
(Page 9, "Federal Old-Age and Survivors Insurance Trust Fund")

How does our next President intend to start paying back this money?

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• adam
• florzak
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[Oceanno69]

1st thing I would if I was the president is disband the federal reserves and irs.

2nd Bring all us troops Home

3rd Audit the Gold

4th Investigate ever senator and congressman and if they violated the constitution they would be punished for treason "I am sure theres enough trees in washington"

5th Remove all laws that are in violation to the constitution.

[RegulateAndEducate]

We aint broke this is bs they just want all u uckers to think we are so they can keep taking more money out of your cjecks and putting them into the big bankers and coorperations accounts if u cut all these fuckwads pay that make 17 mill a year that fucked up there business instead of chargin the people to pay for them fucking us inthe ass so what now you aregonna take our money and give it to them so they dont have to live in only 3 houses theycan have all 7

[WDTripps]

Well, as I see it, print money until its useless like we are doing, and pay off china's debt with that. Then introduce the amero. Or, we could pledge some of our gold, but that wouldnt be wise. You see, whoever has the gold-has the power. And the USA has most of the worlds gold in possession that is actual bullion-not gold stocks. Personally, I believe that if the citizens of the USA got the bailout, then the economy would have corrected itself. But, just wait for inflation hits us hard!

[richteaz]

Hi Adam!

As of April 15th, 2009 (Tax Day) our National Debt is now:

$11,169,978,555,115.48

I just thought I'd let people see that since you posted it in your info above. Yet another 3 Trillion and that doesn't include the Bank Bailout Either.

Happy America People.

Our Founding Fathers were correct when they said we need a Revolution every 200 years!

[wsucouga]

We are so screwed

[W0NDIN]

PIE

[blattmacher]

THE TRUTH IS:

THE MONNEY IS MELTING AWAY via INFLATION!

All savers will lose a huge percentage of their savings.

Where does the money go?

To a private company called the FED!

[netsurfer10024]

KUDOS, not only over the years, during President Clinton administration, Hillary Clinton's husband)the Social Security "surplus" was used to pay off the entire National Debt, which Presient George Bush took and gave our country the largest national bebt in the history ouf our nation.

When Private companies rape their employee's pension plan, they are prosecuted. How about the ones to took our Social Security funds?

[AndrewKH85]

who me? wanna date?

[AndrewKH85]

not a republican issue, its because hes a freemason.