You guys have been predicting the demise of Social Security for 75 years......what's taking so long?
http://www.usmessageboard.com/politics/283372-the-national-debt-mortgaging-our-future.html
It's not Social Security that will fail, its the dollar.
Social Security is actually a good thing, and it funds itself, you pay into it, it's not a handout (however you should not be forced to pay into it). The government has borrowed more than 39 trillion from SS that it CAN NEVER repay. Check the link I gave you.
The only way to sustain the Federal Government and repay Social Security at the same time, will be to print money, a lot of money, too much money ... hyperinflation. Never before has our government burrowed such incredulous amounts of money until Bill Clinton authorized it in 1999 (Then Al Gore RIGHTFULLY ran on reverting back to a lockbox, when he realized the horror of what Bill Clinton had done). Then Bush won, and burrowed even more from SS, then Obama came and made even worse.
Remember that our government is ALREADY BROKE. That is why it is in major debt. Once the interest payments become unsustainable (interest will cost more than the Defense Budget by 2017), no one will lend money to the Federal Government anymore, because we wont even be capable of paying the interest. That's when the Fed prints like mad and hyperinflation starts.
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The problem is the Federal Reserve (a private bank), which is mostly owned by the Rothschild Bank of England. You do know that the Federal Reserve has no obligation to the Federal Government, correct? That the Federal government has ZERO ownership of the Federal Reserve, correct?
When the US dollar crashes, EVERYTHING crashes with it. Social Security, Food Stamps, Government Pensions, Private Pensions, the entire stock market, private wages, public wages, food prices, gas prices, taxes, Medicare, Medicaid, property values, house values, any value, Energy costs, EVERYTHING, water...
Thankfully, I won't have to engage with the mobs that will be killing each other for every little morsel of food and drink of water, and probably cannibalizing. This is what you'll have to look forward to:
[ame=http://www.youtube.com/watch?v=dY4V3UUY95A]Looks like meat's back on the menu, boys! - YouTube[/ame]
I'll be in my my concrete basement, booby trapped upstairs and outside, watching from the basement windows with lots of guns and ammo.
If I run out of ammo and the unarmed mobs try to take me down in my basement, I have my family's heirloom from the revolutionary war (an 18h Century Calvary Saber) combined with my Great Grandfather's family heirloom from Denmark (full suit of gothic armor that fits my height and weight with a kite shield) to slash down every mother ****** in the choke point between my basement door and steps before they take my food and rape my family.