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"Every administration since Johnson has taken $$$ out of the S.S. trust for other than what S.S. intended for. And place withdrawls with worthless IOUs.

TB "


A bunch of other bond-holders would really be uneasy if the IOUs
turn out to be worthless.

The intent is to make good on them - and the tax rates would go up
to do so.

The impact of higher tax rates is the fly in the ointment.
However, there are other avenues to gain revenue.
Sale of federal properties for one.
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