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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (23209)3/12/2011 2:57:20 PM
From: SliderOnTheBlack16 Recommendations  Read Replies (1) of 50356
 
Proof US Gov stole $2 Trillion excess Soc Sec Funds...

"According to the official 2010 Social Security reports,
between 1984 and 2009 the American people contributed
$2 trillion, that is $2,000 billion, more to Social
Security and Medicare in payroll taxes than was paid out
in benefits."

What happened to that $2 Trillion Dollar Social Security surplus?

The US Government stole it, and Congress spent it.

And how about the lie that Social Security is bankrupt?

Think again...

"Depending on assumptions about population growth, income
growth and other factors, Social Security continues to be
in the black until after 2025 or 2035 under the “high cost”
and “intermediate” assumptions and the current payroll tax
rate of 15.3% based on the revenues paid in and the interest
on those surplus revenues."

"Under the low cost scenario, Social Security (OASDI) will
have produced surplus revenues of $31.6 trillion by 2085."

The reason the government is trying so hard to convince you
that Social Security is insolvent, is because they want that
$31.6 trillion dollars too.

...and they won't stop with Social Security, they'll come
after your pensions and private retirement accounts as well,
unless you stop them.

Read the full article by former U.S. Asst. Treasury Sec. Paul Craig Roberts:

infowars.com

Social Security is NOT an entitlement program. Refuse to let
politicians and media pundits address it as such. Tens of
millions of Americans have had 15% of their income forcibly
withheld for decades to fund their retirement.

Call the media pundits and thieves in Washington on this,
every single time they refer to it as an entitlement. And
tell them you know the only reason it's unfunded, is because
they stole and spent all the money.

SOT "V" B
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