Sunday, September 25, 2011

Mitt Romney on Social Security he did not Call it Criminal rather the Way the Collected Sums are used for other Purposes

“Let’s look at what would happen if someone in the private sector did a similar thing. Suppose two grandparents created a trust fund, appointed a bank as trustee, and instructed the bank to invest the proceeds of the trust fund so as to provide for their grandchildren’s education. Suppose further that the bank used the proceeds for its own purposes, so that when the grandchildren turned eighteen, there was no money for them to go to college. What would happen to the bankers responsible for misusing the money? They would go to jail. But what has happened to the people responsible for the looming bankruptcy of Social Security? They keep returning to Congress every two years.
http://www.weeklystandard.com/blogs/perry-campaign-remember-when-romney-compared-social-security-criminal-enterprise_592931.html

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