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4 Dividend Stocks to Hedge Against Social Security Failure [View article]
On Aug 26 02:34 AM RatWatcher wrote:
> Sorry, no. The SS Trust Fund is nothing more than a US Gov IOU in
> the US Gov's own pocket. This is neither savings nor debt; it is
> an unfunded promise to make future payments, but the expected payment recipient has no legal right to the funds.
ah, the genius of the far right - the US Gvt can honor IOUs to every gvt in the world, but is free to default on American retirees. I REALLY hope some future wingnut president actually tries this, as then we can finally rid the USA of the curse of "reaganomics".