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Title: SS an "Entitlement"???
Source: ndcorup
URL Source: http://ndcorup:-)
Published: Jul 29, 2011
Author: ndcorup
Post Date: 2011-07-29 17:38:43 by ndcorup
Keywords: None
Views: 308
Comments: 16

My Wife is in an on-line discussion on a "social network" and it turns out that Many folks don't/didn't know that SS is entirely paid for (unless you're Really Old, or a Leach on Society) by The EMPLOYEE and the EMPLOYER.

You Paid for it. The Government acts as if it's a Gift from them. They are the leaches on it, along with most SSI and Many Disability claimants (fakes). Don't get in an uproar over that comment. That's where the bulk of the fraud is.

Obama and almost all other Pols are casting it in the "Entitlement Pool".

If you and your employer's payments into SS were accumulated at simple interest over your working life, there is a Bundle of money involved. I've seen calculations on the amount for typical taxpayers, but don't have it available right now.

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Begin Trace Mode for Comment # 2.

#1. To: ndcorup (#0)

Yep - it's Ponzi all the way.

Back in the day, it was 19 or 20 payers to one geezer.

Now, it's 3 to 1, soon to be 2 to 1, and so on.

It began as Old Age Assistance, not Old Age Retirement.

We are so stupid!

Lod  posted on  2011-07-29   17:44:50 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Lod (#1)

"Yep - it's Ponzi all the way"

"It began as Old Age Assistance, not Old Age Retirement."

I believe ALL gov't programs start out as something else in stated purpose.

Then the Pyramid Begins.

ndcorup  posted on  2011-07-29   18:16:21 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 2.

#4. To: ndcorup (#2)

I believe ALL gov't programs start out as something else in stated purpose.

Then the Pyramid Begins.

Yep - you've found them out.

Another awake American - spread the word.

Lod  posted on  2011-07-29 18:21:50 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 2.

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