It is no secret that America’s economy is in great straights. It is as an airplane in a tailspin, and there is little doubt that its decline shall go even steeper toward a total crash and burn.
We have already witnessed the banking executives celebrating at posh resorts and giving themselves bonuses after receiving billions in bailout money out of your tax dollars. Now, we are seeing this same sort of revelry going on within the Social Security. The plain fact is that the Social Security Administration is nothing a giant Pansy scheme that depends upon evermore participants contributing into the pot than are drawing out. It if now facing a barrage of Baby Boomers who are entering the age of beginning to draw off the pot, while the contributors (people employed) are diminishing.
By even its ardent supporters, the Social Security Administration is soon to go bankrupt. It is like driving off the edge of a precipice and going over the edge, yet we pretend the inevitable will not happen, at least in our lifetime. We have taken on the Hezekiah syndrome, i.e., it is good that I can grab all the gusto I can get now, and let the judgment fall unto my children and my children’s children, II Kings 20:18, 19.
What we are witnessing here is the stealing while the stealing is good, for if they don’t steal it now, someone else is going to come along after me and steal it for themselves, and all will be gone. This is in fulfillment of my predictions I made a number of years ago, and that is, “The public treasury will be looted. The only two factors we do not know is When, and by Whom.”
born July 1/1952. Grand mother raise me
from 2 until 14, move back to grand mother at 17, quite school and went to work, got a Apartment for Brother and Mother at 19, got building lot from Grand mother and build first home at 21, Brother move in to his own home 1n 1983, Mother live with us ,my wife Marilyn ,2 children until she pass away
January 5,1996, had my first Grand child December 1996, by January of 1997 the war started with the Government ? buy December of 1999 1 have loss my life, Gave my old house up, loss my wife, sold of the equipment that i wanted to take out west in 1999 because no place to store it, over $400,ooo thousand dollars have went through my hands now in 2007. i will be broak soon