Social Insecurity

Just about everything you have been told about Socialhas felt the need to
Security is an obfuscation. That is a big word forchange it. After all, it is a great plan. For all practical
convoluted truth or lie.In a recently published obscurepurposes, their
government document by the presidential Socialplan works like this:When they retire, no matter how
Security commission there are two pages that exposelong they have been in office, they continue
the truth. Neither Democrats nor Republicans want youto draw their same pay until they die, except that it
to read this. Shining the light of truth on the weirdnessmay be increased
of politicians seldom makes them happy; however, youfrom time to time by the cost-of-living adjustments.
owe to yourself to know the truth.When they take outFor example, former
from your paycheck for FICA - that's the SSSenator Bill Bradley (New Jersey) and his wife may
deduction - the money is sent to the Social Securitybe expected to draw
Trust Fund. Your money is held in the fund for some$7,900,000 over an average life span, with Mrs.
future date when it is returned to you upon retirement.Bradley drawing $275,000.00
During that time it is gaining interest at about 2%. Prettyduring the last year of her life. Their cost for this
shabby, but better than nothing. This is all well and goodexcellent plan is zero,
as long as the money is really there, but it isn't.nada, zilch.This little perk they voted in for themselves
What?Now follow me with this beautiful bit of politicalis free to them.You and I pick up the tab for this plan.
sleight of hand. The money is invested in U.S. TreasuryOur tax dollars at work! From
bills. Good, sound and safe as it gets. Right? Wait. Let'sSocial Security, which you and I pay into every
understand what has happened here. The Federalpayday for our own
government has issued pieces of paper calledretirement, with an equal amount paid in by our
Treasury bills which they have created out of thin airemployer, we can expect to
and replaced your real money. The Fed has borrowedreceive an averageof $1,000 per month. We would
your money in the "trust fund" and given you ahave to collect our benefits
promissory note in the form of a Treasury Bill. Thatfor 68 years and 1month to equal the Bradley's
money has now been transferred to the General Fundbenefits.Imagine for a moment that you could structure
where our honest politicians spend it on whatevera retirement plan so desirable,
piece of pork they want. That does include necessitiesthat worked so well, that Railroad Employees, Postal
such the Army, Navy and Marines, welfare recipientsWorkers,and others who
and government employees like Senators andwere not in the plan would clamor to be included. This
Congressmen.Let's jump ahead to your retirementis how good Social
date maybe 20 or 30 years from now. You andSecurity could be, if only one small change were
thousands like you have been putting in billions for allmade.That change would be to jerk the Golden Fleece
these years and Uncle has been printing T-Bills. NowRetirement Plan out from under
you want your money back. Shucks, anyone knowsthe Congressmen & Senators. Put them into the
you just cash in the T-Bills. Where does the moneySocial Security plan with the
come from for the T-bill? From the government thatrest of us. Watch how fast they fix it!If enough people
created it. That means those funds must come backreceive this message, maybe a seed will be planted
out of the General Fund, which is composed of taxes.and maybe
But they already spent it. It's gone. Something is wronggood changes will evolve.Our girl Hillary Rodham
here.The Fed took your money and put a piece ofClinton now comes under this Congressional
paper in its place as a promise to pay when the timeRetirement
came, but they did not back it up with anything exceptPlan. Sspeaking of the Clinton's, it's common
a promise to pay. All returns to SS retirees comesknowledge that in order for her
back out of payments by others now paying into SS.to establish NY State residency, they purchased a
But what if there is less money being deducted for$million-plus house in
FICA at that time? It is called a shortfall. What the Fedupscale Chappaqua, NY. Makes sense.Now, they are
has created is a giant Ponzie scheme where the firstentitled to Secret Service protection for life. Still makes
people who invested in it get paid, but those who
came in later get less, little or maybe nothing.As long assense. Here is where it becomes interesting. A
there is a Federal surplus or a balanced budget youresidence had to be built in
are OK, but when that disappears it means taxes onorder to house the Secret Service agents. The
everyone must be raised to pay for the SS benefits.Clintons now charge the Secret
Smoke and mirrors.Politicians don't want you to be ableService rent for the use of said residence and that
to invest any of your own money because it meansrent is just about equal
they will have less to spend and could care less whatto their mortgage payment, meaning that we, the tax
happens 10, 20 or 30 years from now as they will bepayers, are paying the
long gone.That is the truth about your Social SecurityClinton's mortgage.And it's all perfectly legal.Al
"Trust Fund". There isn't any and never hasThomas' book, "If It Doesn't Go Up, Don't Buy
been.Perhaps we were asking the wrong questionsIt!" has helped thousands of people make money
this past election.Our Senators/Congressmen do notand keep their profits with his simple 2-step
pay into Social Security, and therefore theymethod. Read the first chapter at
do not collect from it. Social Security benefits were
not suitable for them.They felt they should have aand discover why he's the man that Wall Street
special plan. Many years ago they voted in theirdoes not want you to know.
benefit plan. In more recent years, no congressperson