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Lee Hoecherl

Seniors should sue Fed for 'borrowing' S.S. funds

Last updated Monday, September 19, 2011 - 3:19pm

(UNEDITED) There has been a lot of talk about Social Security and the lack of funds to keep it solvent. What is never talked about is how much money that the Federal Reserve borrowed" I use the term loosely" from Social Security.

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One percent transaction tax is proposed

Lee Hoecherl

Last updated Friday, July 9, 2010 - 3:55pm

(UNEDITED)President Obama's finance team is recommending a transaction tax. His plan is

to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transaction at any financial institution i. e. Banks, Credit Unions, extra.

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