Social Security:The Government Backed Ponzi
I am sick of all this Ponzi talk, when I'm having taxes for Social Security paying for wars I don't believe in and fueling the corporate welfare of today. Under the budget proposed by the Bush Administration, the government is expected to borrow over $2 trillion from Social Security trust funds to pay for government spending over the next ten years. The Government has already borrowed $1.7 trillion from The Social Security Trust Fund. The "borrowed" Social Security funds now represent 22 percent of the total National Debt. You gave the government money, they in turn gave you debt. The United States government has borrowed the total value of the Trust Fund to pay for other government spending. Beginning in 2017, the government will have to begin backing up these paper promises with real money or else bankrupt the system. Myself, being a 30 year old man, I won't be eligible for Social Security until 2038. Forget Stormpay and Charis, how is the government going to pay people their rightful earning, when their old and their most vulnerable.
While I feel this is the greatest country in the world, in terms of it's potential. Since, it is run by hypocrites, greedy narcissist and pathological liars, it's become harder and harder to make a decent life for you self. Their going to save me from myself by shutting down autosurfs and HYIPs, but keep borrowing trillions against the Social Security trust fund. Won't TJH, PonziPatrol, Homebiznews and the rest go over to the political websites and complain about that. I have zero control over putting my money in that Ponzi, short working "off the books" or not working at all. Me and many others chose to invest in 12dp and accepted the possible risks. Many will pretend they didn't know, which means your either naive or stupid. How can any investment double your money monthly be indefinent, come on people!