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re: The Coming Social Security Crisis
Posted on 3/28/24 at 11:14 am to Zarkinletch416
Posted on 3/28/24 at 11:14 am to Zarkinletch416
It was a decent program. Before private retirement services became a thing. SS is a losing financial vehicle and if you expect it to pay for your retirement in the next 20 years good luck with that. Maybe there will be just enough left over to occasionally enjoy your old man’s McDonalds breakfast but prol have to bring your own coffee and order the McMuffin a la carte.
Posted on 3/28/24 at 1:01 pm to IamNotaRobot
quote:
t was a decent program.
Absolutely, and had the S/S fix enacted in the mid-eighties been allowed to stand, we wouldn't be discussing the solvency (or lack thereof) of the so-caled "Social Security Trust Fund". So now we know, the Social Security fix was a "bait and switch" scheme thought up by Joe Biden and his crooked pals in Congress. I know, I was there, I saw the fix drawn up in Congress to insure the solvency of the fund - and I saw Potatus (aka Joe Biden) and his crooked pals in Congress steal the fund. Yep, it was a blatant theft - makes Bernie Madoff's Ponzi Scheme look like a walk in the park.
It sure ticked off Senator Daniel Patrick Moynihan (D-NY). I remember Senator Moynihan scolding his colleagues when he said,"It's official,we're stealing from the American People". Poor guy, they hounded him out of office. AT the time, I distinctly remember thinking - there will come a day when some bureaucrat (prolly democrat) will step up to the podium and announce - Social Security is insolvent - we cannot pay full benefits (or pay them at all). They stole, and continue to steal Social Security Funds to this day.
I will say without question, the theft of Social Security by the crooks in Congress (including the fraud Joe Biden) is one (if not the most) blatant crime in the history of the United States. Pure Bait and Switch. Promise one thing- deliver something else.
.....and you know what is even more disgusting about this theft.......the law information voters will most likely reelect Joe Biden to office. Joe Biden lies and smiles at you as he's fleecing you.
I know I saw him and his crooked pals steal Social Security. Don't believe what I say - wait!
FJB.
This post was edited on 3/30/24 at 12:14 pm
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