Tuesday, September 20, 2011

Social Security- A Ponzi Scheme. Everybody Has Known That for Years.

Last one in gets screwed.
It was safe, till Johnson unlocked it to robber congress-critters.
How come disability is doled out from the SS fund? That's a welfare function, nothing to do with retirement. Bah!
In the beginning, it was to be an insurance plan in case some were not able to get it together for retirement.
Just my thought today.


Read today what's in Townhall by Dr. Tomas Sowell.

President Bush tried to fix it with a voluntary investment in securities, yielding twice the payout. Democrats were against it, said there was enough in the fund. 

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