Last evening Governor Perry claimed Social Security is a Ponzi scheme take a peek a t this picture and figure out what is wrong and why it really is. Everyone should be outraged
iamnothere
2011/09/08 12:23:01
A picture taken at a social security office in San Antonio Tx. this year
See any gray or white hair or any older retired folks amongst the crowd..????
A friend went to the social security office this week to file for Medicare because it is the only way to keep medical insurance when you turn 65.
He took a picture of the waiting room. Please tell me if you can find a retired person in the place!!!!
It's called "disability" insurance!!!! You no longer have to wonder why SS is broke!!! These people do not pay into the system, nor are they disabled!!! Please spread this picture to everyone you know. Our country is going broke on this fraud!!! Go down to your SS office and check it out.
See any gray or white hair or any older retired folks amongst the crowd..????
A friend went to the social security office this week to file for Medicare because it is the only way to keep medical insurance when you turn 65.
He took a picture of the waiting room. Please tell me if you can find a retired person in the place!!!!
It's called "disability" insurance!!!! You no longer have to wonder why SS is broke!!! These people do not pay into the system, nor are they disabled!!! Please spread this picture to everyone you know. Our country is going broke on this fraud!!! Go down to your SS office and check it out.
Top Opinion
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LarryFine 2011/09/08 13:23:35
+9Ponzi scheme or not, SS is just another mismanaged government program like every other. Government bureaucrats know they are accountable to nobody when it comes to the loss and mismanagement of our money. Madoff will spend the rest of his life in jail for the same activities we've allowed our government officials to get away with for years.
Texas knows a disaster when they see one.
Someone probably thought I was scamming the system also.
i dont see one gray haired in the group. what asswipes!
Perry has a theorhetical point. may not be visible to all . a dummy he is not.
http://www.usdebtclock.org/
5/18/11)- The latest annual report from the trustees of the Medicare fund estimated that the program's hospital fund will be exhausted in 2024, which was five years earlier than previous estimates. This was caused by the fact that payroll tax revenues were much lower than previously estimated. Medicare now covers 47.5 million people who are 65 and older or who are disabled.
On the other hand the trustees for the Social Security trust fund lowered their estimate for the solvency of that fund to be in 2036, but at the same time they estimated that tax revenue would be sufficient to pay three-fourths of the promised benefits through 2085,
Social Security and Medicare currently account for more than one-third of all federal spending.
The trustees also noted that the trust fund for the Social Security's disability fund would be exhausted in 2018.
The 6 trustees, 3 cabinet officers, the Socials Security Commissioner and the two public representatives, Charles P. Blahous III and Robert D. Reischauer signed the reports.
(4/1/11)- The latest estimates are that the Social Security fund can survive intact through about 2040 and Medicare through 2029. The Social Security Disability Insurance program (SSDI) will go under in 4 to 7 years unles...
5/18/11)- The latest annual report from the trustees of the Medicare fund estimated that the program's hospital fund will be exhausted in 2024, which was five years earlier than previous estimates. This was caused by the fact that payroll tax revenues were much lower than previously estimated. Medicare now covers 47.5 million people who are 65 and older or who are disabled.
On the other hand the trustees for the Social Security trust fund lowered their estimate for the solvency of that fund to be in 2036, but at the same time they estimated that tax revenue would be sufficient to pay three-fourths of the promised benefits through 2085,
Social Security and Medicare currently account for more than one-third of all federal spending.
The trustees also noted that the trust fund for the Social Security's disability fund would be exhausted in 2018.
The 6 trustees, 3 cabinet officers, the Socials Security Commissioner and the two public representatives, Charles P. Blahous III and Robert D. Reischauer signed the reports.
(4/1/11)- The latest estimates are that the Social Security fund can survive intact through about 2040 and Medicare through 2029. The Social Security Disability Insurance program (SSDI) will go under in 4 to 7 years unless the federal government intervenes to save it.
In 2000 there were 6.6 million beneficiaries receiving SSDI payments, and this number has grown to 10.2 million in 2010.
(10/16/10)- By 2016, Social Security will begin paying more in benefits than it will collect in payroll taxes. This trust fund will be exhausted by 2037.
http://www.therubins.com/socs...
I am 62, I own a farm. 5 years ago I was thrown off my tractor and broke my back. I was unable to do anything for almost 2 years. SSD helped me greatly. After the two years I went back to work. The process was not fun and I finally had to hire a lawyer to get them to approve my long term disability payments. SSD doesn't just hand out money when someone asks. It is a long and complicated process.
They want a hand out, then they have to go to the local welfare office. And even they are not doing handouts.