The Social Security Trust Fund Hoax
It is amazing how many Americans are not aware of what the
politicians in D.C. have done and are doing with their Social Security. According to the latest figures, the Social
Security Trust Fund should have risen to $60 billion last year. These are the funds that are to pay for
future Social Security benefits.
However, the funds were “Loaned” to the general Treasury and spent by
politicians. Money paid into the Trust
Fund by honest, hard-working citizens - is not there anymore. We had to pay into a government mandated retirement
system and now the money to pay our benefits is not there. This is a rip-off by greedy, power-hungry, tax and spend
politicians in Washington D. C.
If this causes any alarm for you at all, now is the time to
start working with those that are out to correct this injustice. Rep. Tim Wallberg of Michigan
has introduced a bill, H.R. 1517, the Social Security and Medicare Lock-Box
Act, that is gaining support from several Senior Citizen grassroots groups.
H.R. 1517 would IMMEDIATELY suspend the current practice of letting government
“borrow” extra Trust Fund surpluses and instead direct the Funds into something that is actual savings. No longer could politicians
squander our money on outrageous schemes like: $914,000 to study romance
novels, $1,900,000 for “lifestyle” coaching for US Senate Staffers, $704,198 on
shrubbery for the US
Ambassador to NATO’s home in Brussels,
$390,000 on the Green Ninja character designed to indoctrinate children about
climate change.
Ladies and gentlemen, for scores of years BILLIONS have been taken from the Social Security Trust Fund and
“invested” in special government bonds.
Folks, these “special bonds” are nothing more than a glorified IOU from
one branch of the government to another.
That means the government has loaned itself over $2.7 TRILLION (and
counting) from your money in the Trust Fund to use as they see fit. Are you getting this? Is it sinking in at all? Because of these shenanigans, a bi-partisan
Congressional Research Service has noted that our Social Security Trust Fund is
available to pay for future benefits "only in a book keeping sense” and “do not
consist of funds that can be drawn down in the future to fund benefits.”
2014 is an election year. You MUST do what you can do to get this message out in the next 60 days. Work with organizations like Senior American
Association and send in their survey to Stop the Social Security Rip off. It is URGENT that you take action quickly.
SAA President, Gilbert Davis
P.O. Box 97064
Washington D.C.
20090-7064
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