Sunday, February 6, 2011

Social Security: Anti-social and insecure

Sinking it now is best for America in the long run
By Ted Nugent
The Washington Times
10:00 p.m., Friday, February 4, 2011

Americans have been used, strung along, ripped off, manipulated and frightened for decades by runaway gangs of power-mongering, deceptive politicians.

I give you Social Security. As usual, it is the exact opposite of what we have been told. This classic Ponzi scheme is anti-social and insecure.

President Franklin D. Roosevelt created Social Security 75 years ago. As with many other Fedzilla programs, Americans got suckered into believing Social Security was a healthy, wealthy and wise program.

Social Security is bloated, broke and busted. FDR’s New Deal turned out to be the Rip-off Deal.

There is an IOU for $2.5 trillion in the Social Security trust fund. Our elected bandits stole all the Social Security taxes collected over the years and spent it on who knows what. FULL STORY

I left a nice comment there-

There are a large number of piracies of the Social Security system where BILLION$ are going down the rathole to undermine and destroy America's families. The last figures we found were somewhere between $100 Billion and $285 Billion~ or up to $700 Billion that goes into destroying American Families- http://www.newswithviews.com/Usher/david79.htm

To put that in perspective, WalMart took in $400 Billion in 2003 while Americans spent about $100 Billion on fast food.

If you look at the Social Security programs, there are several glaring items- Titles IV, V, XX, and XXI-
http://www.socialsecurity.gov/OP_Home/ssact/ssact-toc.htm

There's the problem.

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