Mar 15 10 GLB3THResLibWNUD Social Sec USA Trouble
Mar 15, 2010 14:21:53 GMT 1
Post by Anne Terri on Mar 15, 2010 14:21:53 GMT 1
''March 15, 2010 God's Living Bible – The Third Testament – Research Library – World News Updates
Social Security Plan, of The United States Of America, In Trouble (God Through Anne Terri)
Today for the first time in history, the taxes collected to fund the Social Security Plan do not cover the debt. 2.5 Trillion IOUs are about to be called in, and for now they are able to meet the payouts to many retired American's who have paid into the plan from their salaries for many years, but not for long.
Instead of keeping the funds in place, The United States Government borrowed against the future of these trusting Americans, using the Social Security monies for other needs. In order to meet the huge deficit of the future, borrowing is planned again, only this time from abroad.
This will place the world in jeopardy. Who will pay the next round?
AMEN''
Social Security Plan, of The United States Of America, In Trouble (God Through Anne Terri)
Today for the first time in history, the taxes collected to fund the Social Security Plan do not cover the debt. 2.5 Trillion IOUs are about to be called in, and for now they are able to meet the payouts to many retired American's who have paid into the plan from their salaries for many years, but not for long.
Instead of keeping the funds in place, The United States Government borrowed against the future of these trusting Americans, using the Social Security monies for other needs. In order to meet the huge deficit of the future, borrowing is planned again, only this time from abroad.
This will place the world in jeopardy. Who will pay the next round?
AMEN''