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johnwilliamson062 · November 21, 2008, 07:42 PM

social security as originally proposed by Roosevelt and Bismark would not be a problem.

Our Social security is entirely invested in T-bills. All it is is a piggy bank for the government to get cheap loans from. Same goes for FDIC. Member banks pay money into a fund which buy non-liquid t-bills and there is nothing really there to back it. Both just Washington houses of card.

[removed as was off topic and aggressive.]

BTW in the last week I have had three people come to me with questions about firearms for home defense who were quite startled at feeling they needed one..

November 21, 2008, 07:42 PM	#44
johnwilliamson062 Junior member Join Date: May 16, 2008 Posts: 9,995	social security as originally proposed by Roosevelt and Bismark would not be a problem. Our Social security is entirely invested in T-bills. All it is is a piggy bank for the government to get cheap loans from. Same goes for FDIC. Member banks pay money into a fund which buy non-liquid t-bills and there is nothing really there to back it. Both just Washington houses of card. [removed as was off topic and aggressive.] BTW in the last week I have had three people come to me with questions about firearms for home defense who were quite startled at feeling they needed one.. Last edited by johnwilliamson062; November 21, 2008 at 10:14 PM.