In the September 12th edition of USA TODAY, the editors ‘view’ on Rick Perry’s stance on Social Security was, in my view, comical. They begin by saying that since its inception in 1935 that it has been very popular with both parties. Of course it has been popular, both parties have been stealing from it since 1935, whats not to like about putting in worthless I.O.U.’s with no thought of ever returning the money? If Social Security was established correctly it would have been OFF limits to everything else except people retiring, if that had been done from the very start a huge surplus would be in place right now.
USA TODAY says that Perry’s “harsh rhetoric misstates the reality”. His view that it is a “Ponzi scheme” and “monstrous lie” is way over the top so the paper says. USA TODAY then goes on to define a Ponzi scheme, as being “an undertaking designed to swindle people out of their money by using income revenue to produce bogus investment returns to attract more money”. “Ponzi schemes have two salient features USA TODAY says. First, they are criminal enterprises, second, they work only until people get wind of what is going on, at which point they inevitably collapse”. BINGO! I agree with USA TODAY completely, they hit the nail right on the head!
Social Security/the government has been swindling people for years out of a portion of their income promising a bogus return on their investment in the form of a retirement stipend in old age. A majority of people put in far more than they ever live to get back, what happens to the money they did not live long enough to collect back? It is rolled back into the SS fund so politicians can then steal it for other things, it should go to the persons family, that sounds very criminal to me that it should be rolled back in…. The second point made by USA TODAY, that once a Ponzi scheme is uncovered it collapses…. well SS is/has been collapsing, and the people are now very aware of it. It is not an ‘entitlement’ as the politicians, including Obama would sorely like you to believe, it is YOUR money that YOU have put into SS, you SHOULD get it back, you earned it throughout your working life!
Politicians think that by raising the retirement age more people will die before they can collect anywhere near what they put into SS, this is the political ‘fix’ for years of political theft of the SS fund. Is it a “monstrous lie” as Perry indicates? It most certainly is. It is a lie to continue garnishing young peoples wages for the failing SS fund knowing full well these young people will never get any return on their investment due to politicians direct theft of the SS funds. So I guess that makes it a government run Ponzi scheme after all, run by government criminals. Bernard Madoff was a boyscout compared to Congress all these years.
USA TODAY says Perry has not made clear his ‘fix’ for SS, everyone except USA TODAY already knows what the ‘fix’ is, pass legislation that makes it a federal crime and life imprisonment for any politician that puts his dirty money grubbing paws into the SS fund for anything other than what it was intended, RETIREMENT! Fixed.
That Rick Perry is the ONLY candidate with the courage to say what needs to be said about SS in these GOP debates tells me he is the right man, (so far) to lead this country out of the mess Obama has only helped to worsen since he took office. So by USA TODAY’s own definition they unwittingly show precisely why Social Security is a Ponzi scheme, and a monstrous lie. Good job USA TODAY!
NOTE: In the 9-15-2011 edition of USA TODAY they ran a political cartoon stating that there are 462 million Americans in poverty….even counting all illegal aliens there are not that many people in the entire country, not even close……I hate to confuse the issues with the facts, obviously USA TODAY would rather slant then use facts.
Mark Shean, 9-15-2011