And in today’s news-that-I-can’t-believe-doesn’t-shake-Obama-out-of-his-healthcare-reform-passing-stupor, the Social Security Administration wants to cash in on its federal IOU’s from the US Treasury.
Here’s the problem: the government doesn’t actually HAVE the money to give the SSA. They’ve spent it all. So you know what they have to do? BORROW FROM OVERSEAS, riiiiiight when we’re risking losing our triple A credit rating as it is.
Go read the whole thing. – Chicks On The Right.