U.S. TREASURY CHEATS WITH PHONY TRUST
- Just passing along..----- Original Message -----From: privatearena@...
~~~ U.S. TREASURY CHEATS WITH PHONY TRUST
"The federal Treasury manages 159 accounts that it calls
"trust funds." Sixteen of these are real trusts. The rest ... hold
nothing but bogus special obligation nonmarketable U.S.
Treasury bonds. At the close of fiscal 2003, the total in these
bonds was $2.859 trillion or 42 percent of the national debt -- a
debt that can only be paid off with taxpayer money ... It's the
greatest financial rip-off a government has ever pulled on its
own taxpaying citizens. And it makes Enron, WorldCom,
Arthur Andersen, and other private sector crooks look like
pikers who learned from Uncle Scam."