The Mudcat Café TM
Thread #131082 Message #2954204
Posted By: Bobert
28-Jul-10 - 10:01 PM
Thread Name: BS: Who Owns your Social Security?
Subject: RE: BS: Who Owns your Social Security?
Who owns it??? The rich!!! Bush emptied it out with his tax cuts and all that money is now sitting idlely in the bank accounts of the upper 5%... That's where it is... Word on the street is that the rich are so flush with cash that they don't really know what to do with it... So they are going to do nothin' with it but just let it sit... They are not going to invest it in jobs... They are not going to give it to anyone to invest... They are just sittin' on it and that is what is killin' the US economy...
So we know exactly where the money went... It got "redistributed" upwards...