should madoff be executed?

[Soul Crusher]

The trust fund is nothing buy IOU's.  There is no such fund and no such account in existence. 

SS is a scheme.  Tell me, if everyone stopped paying ss witholding, how much does the trust fund have in reserve to pay out???

Answer??  Nothing, it does not exist.

[Straw Man]

The trust fund is nothing buy IOU's.  There is no such fund and no such account in existence. 

SS is a scheme.  Tell me, if everyone stopped paying ss witholding, how much does the trust fund have in reserve to pay out???

Answer??  Nothing, it does not exist.

yes, borrowed from Presidents starting with Reagan who increased the payroll tax specifically to create a surplus that he could then borrow to pay for his tax cuts.

Did you happen to read the link?

[LurkerNoMore]

If you think about it, SS is the exact same thing as a Madoff scheme.  

That's what I said.

[Soul Crusher]

yes, borrowed from Presidents starting with Reagan who increased the payroll tax specifically to create a surplus that he could then borrow to pay for his tax cuts.

Did you happen to read the link?

I read it and its a joke.  He completely ignores the reality of this situation and basically says that as long as the government can print money, it can continue the scam.