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Financial Planning / Social Security Reform

URL:  http://boards.fool.com/the-social-security-quottrust-fundquot-is-a-28396533.aspx

Subject:  Re: Dead topic Date:  3/25/2010  5:00 PM
Author:  PKnudsen Number:  5234 of 5267

The Social Security "Trust Fund" is a hoax

Right wing LIE.

They have been borrowed by the US Government and in its place are IOU's

So, in other words they are invested in Treasury securities, which any investor with at least half a brain considers the safest possible investment.

What would you rather, penny stocks?

That said, the problem with Treasuries is not that they're risky, it's that they're too safe, and don't pay a good enough return!

I would prefer seeing at least some of the Social Security surplus invested back into the economy, in a universe of stocks and bonds. But suppose it's too late now. Still, if they got a better return, it would postpone the need for more taxes. You lot would be in favor of that, right?

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