To the Editor,
    I spent some time studying those Congressional Budget
Office reports that project on budget surpluses of $4.6 trillion dollars
during the 2001-2010. I learned that $3.3 trillion (72 percent) of those
projections are the result of borrowing from trust fund accounts. The
other $1.3 trillion (28 percent) is highly suspect due to the uncertainty
of 10-year projections.
    Now we have a political debate over how to use the
bogus surpluses. This is bad government of the highest order.
    The media is basically giving the politicians a pass
on this issue. The lies go unchallenged. Stockholders have earned trillions
of dollars of profits as the Social Security surpluses are used to finance
the national debt. I expect Wall Street does not want the American people
to know what is really going on, and the corporate owned media is happy
to comply.
    Some of the other lies include:

• Paying down the national debt. The national debt has been increasing.
  What is happening to that publicly held debt is being replaced by government
  held debt.
• Protecting Social Security surpluses. The government spends every
  penny of the Social Security surpluses and puts and IOU in the fund.
  Four to five trillion dollars will be borrowed from the Social Security
  fund. There are not plans for repayment.
• Structural deficits which will average $400 to $500 billion annually
  are being created for the years 2015-2035. This is due to fraudulent
  government accounting.

    It is the younger generation that will
be left holding the bag for this enormous debt. Please inform your readers
about what is really going on. This is a wonderful opportunity to do some
outstanding journalism on a national issue on which the media is doing
a F minus kind of job.

E-mail the author: Voice Steve GerdsmeierYorba Linda Calif. resident