Wednesday, March 08, 2006

Yet Another Federal Milestone Reached

The federal government's endless quest to bankrupt us all and ruin the financial health of our nation has reached an all new "high" in disgusting conduct by starting to rob the retirement funds of their own people.

The Treasury department has started tapping civil service retirement funds to keep the federal government from going over its own imposed debt ceiling.

Once Congress (again) raises the debt limit, Treasury Secretary John W. Snow said the Treasury will "restore all due interest and principal" to the pension fund as soon as possible...

I particularly liked the part, "as soon as possible". That's as close to saying "never" as anybody in Washington can seem to get.

One other thing... who gave the Treasury the authority to do something like this?

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