Ladies and Gentlemen of the USMB, I present you:
THE PROBLEM:
OKA:
THE BIG LIE!
The difference between cons a liberals is, liberals spend money on the health and well being of the elderly, children and the rest of society, and cons waste trillions on welfare for millionaires and the industrial military complex, invading countries and creating terrorists.
If your heart is in the right place, it's on the left.
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Now HERE is the
TRUTH:
In point of FACT... With the money we are spending to subsidize the otherwise perfectly healthy, but thoroughly lazy to make them dependent upon the Ideological Left, we could set the Elderly and those physically and mentally unable to take care of themselves up in the a massive assisted living center that was a combination of the Mayo-Clinic and The Ritz Carlton and have enough money left over to pave the United States over from border to border and coast to coast, with bridges made of carbon fiber and platinum.
Of course, the biggest problem which is insurmountable... is that since the 1930s, the Socialists, comprising the US Federal government have promised the US worker that the money they were confiscating from them, in the name of Social Security, was being 'invested'... and would be there for them as insurance against poverty in their old age.
Instead, those socialists took those confiscated funds, and spent them in the same year as they were taken.
Year after year...
I recall listening to Bawney Fwank, a sexual deviant; thus we know that he is a person who suffers a serious mental disorder and a long standing member of the US Federal Legislature as a Democrat representative of Massachusetts, he was among the mouthier proponents of the soundness of the US Social Security System.
"There isth abtholutely no weathon to belieth that theruh iths any pwobwem with thosial thecuwity. Those monieths are invethsted in US Federwull Thescurities, where millionths of Americanths investhed in Fedewull bonths that funth the Sotheal Thecuwity Thysthem"
Of course in reality, the money was confiscated from the worker, where it went directly into the general fund and spent as quickly as it arrived on whatever new 'social program' came along and everything else.
They then issued bonds, for the amount of that years confiscated SS monies... (The Investment) which amounts to me taking your $100, telling you that I am investing it... I spend your money on whatever I want... but then I issue a BOND for the same amount. Which you buy for $100 ... You've now
invested $200 with me. I owe you the first $100, the Bond's $100 and the $5 that I promised to pay you when you cashed in your bond. So I now owe you $205. So I spend the first $100 and the second $100... on whatever the hell I want and I do this to MILLIONS of PEOPLE... and for as long as it will last I pay people back using the monies I confiscate in the name of SS, and the Bonds that I issued, causing GREATER DEBT, that I sold as INVESTMENTS.
In the MEAN TIME... I am accruing MASSIVE AMOUNTS OF DEBT. And considering that I do not PRODUCE ANYTHING... and I have NO MEANS TO PAY ANYONE ANYTHING except what I confiscate from people, it is only a matter of time before it implodes and the people who I stole from, THE SAME PEOPLE THAT DEPEND UPON ME AND TRUST ME... ARE SCREWED, BLUED AND TATTOOED!
It is a scam developed by a guy named Charles Ponzi... the HIS-STORY of such came and went by the 1920s.
10 years later... in the 1930s Franklin D. Roosevelt used the SAME idea in the creation of Old Age Insurance... which quickly came to be known as
Social Security.
Ponsi Schemes are illegal, because they are immoral... Anyone who invested with Bernie Madoff will tell you anything you need to know about Social Security as the US Federal Government has schemed it.