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Prevent the FED from "borrowing" the monthly surplus from Social Security.

Created by R.E. on December 28, 2012

A petition that address the misappropriation of social security funds by the Federal Reserve.

Any funds received by social security above it's expenses is automatically borrowed by the Fed.

While Federal reserve debts to Social Security have priority for repayment when needed by social security, it must be recognized that the fed may not be able to borrow the money from some other source to pay back it's debts to Social Security.

If, for instance a debt ceiling is close and social security begins to pay out more than it takes in, it's position first in line for federal funds would become quickly untenable.

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