Are Enron executives jealous of member of Congress?

Question

Since the time of LBJ Congress has (for want of a better term)raided Social Security to make the budget look better. And they did it in a way the corporate officers who are now in jail wish they could have done.

Congress passed a law that said it was legal to take money from Social Security funds and replace them with IOUs (US Treasury Bonds) and then they went and spent the money. What's wrong with that?

Well the problem is--- Government never makes any money. Oh it prints it but it never shows a profit. So when the Bonds come due how do they pay them off? They pay them off with your and my tax money. But wait a minute-- It was taxes that created the surplus in Social Security in the first place.

So they tax us, spend the tax money, then make us pay taxes again to pay back the tax money they spent.

We revolted because of taxation without representation. Well. Taxation with representation isn't too hot. Am I the only one who sees the flaw in this?

Answer 1

No. Ken Lay was Bush's no.1 Campaign contributor.