We know there is no lock box where the government keeps the pile of cash they need to pay out to Social Security recipients. There is simply a stack of IOU's government officials have put there, knowing that the day is coming when current receipts being used to pay retirees will not be enough to cover the total. It is a ponzi scheme that both parties are in on. We also know that if workers had the same amount of money that is taken from their checks for the social security “savings” trust to invest, they would end up being multi-millionaires rather than getting a paltry $2,000 or $3,000 a month. It is theft, pure and simple, brought to you by the U.S. Government.
Here is another scam that is designed to siphon off cash from retirees for government purposes. Under Barack Obama, the “working man's friend,” there was a shortfall between gas tax receipts and projected highway spending. The president and his accomplices in crime looked around to find another source of revenue to pilfer, and they found it in the private pension plans of workers who will depend on those funds for comfortable retirement. That is not going to be the case.
See government plan for stealing pension funds on page 2:
WE THE PEOPLE MUST VOTE TRUMP FOR PRESIDENT because any other will be the death of WE THE PEOPLE
They are looting everything….green energy, loot, global warming…loot…Rob the SS fund….
he quitely and sneakly does every thing
All thieves and liars.
Our money in SS has been stolen ever since LBJ was in office when Congress gave the government the rights to move monies from the SS fund to the General Fund. Thing was no one really noticed it til after 2009 especially when Obama and Congress stop giving US COLA raises and changed the rule in determining COLA raises. They began using a different COLA chart instead of the one for Seniors on SS which included other things like food and utilities for determining raises.
You can thank the Congress and LB Johnson when he became President when a bill was passed to allow them to remove monies from the SS Trust Fund and putting it in the General Fund to use for whatever they wanted. Was supposed to be put back but never was no matter whether a Dem or Republican President. Once the jobs when away in 2009 there were not enough people working to keep the pot growing like it used to when everyone was working. Remember those on unemployment and welfare don’t pay into SS/Medicare.
Linda Spurlin-Dominik Yea your right,I just get so dam upset at these no good bastards for what they are doing to our once great country!
I just got through watching 13 hours the real story of Bengazi and I am have an axziety attack I am so dam mad at that$#%&[email protected]*hillary i can hardlt breath!If this country voted her in as POYUS they need to have their head examined!
Theyre taking everything they can get their hands on. They want this country bankrupt!
Get ready to forget the pensions you worked for!! Just like the Social Security WE paid for!!