Something bizarre happened at the U.S. Treasury. First, Social Security’s accumulated surplus dropped an unprecedented $27 billion in August. Then, in September, it went up $34 billion ending the fiscal year at a total of $82.4 billion stolen from our supplemental retirement system. 

Both the drop and the rise are unexplainable. Was it a clerical mistake in August and they corrected it in September? I doubt it. Figures like this must be proofread before they’re published. On the other hand, we know that this surplus of payroll taxes is a reflection of the number of people employed and/or their pay being increased or decreased – nothing else. August was not a good month for either of these, but it certainly wasn’t as tragic as these numbers indicate. And how did it recover in thirty days?

Isn’t it somewhat miraculous that September’s recovery brings the total for September right back where it would have been if August had been a “normal” month?

With $82.4 billion stolen this year, the amount the government walked off with since 1994 comes to $687 billion. The total trust fund now stands at $2.2 trillion. All of it an obligation that can be redeemed only by taxpayers which makes it double taxation plain and simple.

Add in the annual interest that’s paid each year simply by depositing more bogus bonds in the account and we see that the Social Security Trust Fund increased about $183 billion in fiscal 2007.

Were it real, the compounding interest in the trust would eventually be enough to sustain Social Security forever. Unfortunately, there is no money involved and it’s just another aspect of the scam. Just as they substitute bonds for the cash they “borrowed,” the interest is paid by simply dumping more paper in the trust.

Worse of all, these nonmarketable treasuries merely increase the taxpayer’s obligation. Payoff would come out of the government’s General Fund of taxpayer dollars.

In the ultimate form of hypocrisy several members of Congress believe that the way to “save” Social Security is to reduce benefits. Can you believe that? It only means more money for the pirates to plunder.