I can't wait till November.
This is for those who are not quit sure what happened. With a little help my 20 year old daughter is starting to see the light.
Why did Bernie Madoff go to prison? To make it simple, he talked people into investing with him. Trouble was, he didn't invest their money. As time rolled on he simply took the money from the new investors to pay off the old investors. Finally there were too many old investors and not enough money from new investors coming in to keep the payments going.
Next thing you know Madoff is one of the most hated men in America and he is off to jail.
Some of you know this. but not enough of you. Madoff did to his investors what the government has been doing to us for over 70 years with Social Security. There is no meaningful difference between the two schemes, except that one was operated by a private individual who is now in jail, and the other is operated by politicians who enjoy perks, privileges and status in spite of their actions.
When Madoff's scheme is discovered all hell breaks loose. New investors won't give him any more cash.
He goes to jail
When Social Security runs out of money The Statist simply force (at gun point) the taxpayers to send them some more.
Politicians remain in Washington
At this point I am really not sure if things can turn around. As BHO continues his Statist scheme and 47% of the population do no pay income taxes, (which is different then payroll tax, for the benifit of the ignorant) it is becoming more and more obvious that the MOOCHERS will continue to vote in the LOOTERS.
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I can't wait till November.
Social Security is broke?![]()
"You can get a lot accomplished if you don't care who gets the credit" - Ronald Reagan
Conservative Wife & Mom -- I'm a Conservative Christian-American with dual citizenship...the Kingdom of God is my 1st home and the U.S.A. is my 2nd.
The federal government being the largest organized crime group does not like competition.
By faith Noah,being warned of God of things not seen as yet, moved with fear,prepared an ark to the saving of his house;by the which he condemned the world,and became heir of the righteousness which is by faith Heb.11:7
Iceman, show me the money!! I would say the goverment.
I say to Obama, thank you[/QUOTE]
What do you thank him for?
For 42 years I paid into the Social Security system, both for me and my many employee's. After a drunk hit me head on at 130+ mph, I was left with broken spine, no tail bone,shattered right leg,and head injuries. I have been in a wheelchair ever since 2004. I am on Social Security and Medicare not by choice,but by someone's impaired actions. After paying into a program for all this time, are you now going to label me a Socialist, because I need the money back? I agree the system is broken, people who are not entitled to benefits are getting them without ever having to contribute. (No cost of living allowance for the next 2 years) And this I blame on the Government. They (the Government) have borrowed so much from the Social Security system, and given away monies to people who don't deserve it, that their is a deficit coming soon and I am mad as hell that the program I paid into all those years is being raped daily, by the liberals who think everyone is entitled to monies set aside for the sick, and the elderly who paid in good faith. I should also mention that the person who hit me with her car had no insurance, and was driving on a suspended license. So I had no recourse for the damage done to me. My insurance company picked up the bills from the 2 years of rehab,doctors visits, etc... but didn't pay me anything nor did I expect them too. I paid my insurance in good faith as well, and they did their part by paying back the monies I had put in. I expect the same of My Government as I see this as an insurance program and should not be used as a scheme. What started out with good intentions has now deteriorated into a free for all with my moneySo to all who think it is just hysterical that the Social Security system is in such financial trouble, all I can say is I am sorry for you. And I certainly expected more out of you Conservative Wife and Mom! Where's that christian attitude when you are lumping all persons on Social Security in the same group. In closing let me state: I don't want your money, sympathy, or time. I just want what I paid in back, so I can have what's left of my life.