Why Social Security Doesn’t Work
How will history judge Social Security in America? I predict Social Security will be viewed as a “program that helped many older Americans offset the high cost of living, provided important supplemental income for many Americans, and generally was a success”.
And that can’t be further from the truth. In reality, Social Security is…
- Morally questionable at best (forced labor)
- Unaccountable, as there is no clear separation between Social Security funds and other government expenditures
- Unsustainable, with the proportion of payees and recipients dwindling due to people living longer, illegal immigrants, and other factors
Social Security is Morally Questionable
Is there any reason I can’t save for retirement and old age on my own? Of course not. People did it for centuries before Social Security came about. Secondly, is there a legitimate reason why I could be forced to save for someone else’s “Social Security?” Again, no. The truth about Social Security is that it robs and enslaves Americans, and hinders economic growth while stifling freedom and liberty both now and in the future.
Social Security is Unaccountable and Unsustainable
Now, in the year 2008, the Social Security system is both morally and economically bankrupt. We are still forcing working Americans to fund the “golden years” for other Americans, with no real choice in the matter. However, not only is there no specific fund for Social Security, there isn’t even money to fund it beyond the next 15-20 years!
It is possible (although certainly not moral or economic), for 3 or 4 working Americans to support 1 or 2 retired people. Possible does not make it morally acceptable or desirous, but possible nonetheless. However, can you expect those same 3 or 4 working Americans to support an ever growing number of retirees? These working Americans have their own bills to pay, their own families to support, and now we are burdening them with an ever growing number of dependents?
And Then There’s Inflation…
This doesn’t even take into account the role inflation has on the Social Security scam (has a nifty ring to it, doesn’t it?) If we factor in inflation, we get this not so rosy picture of the future of Social Security:
Say I pay in $20,000 in my lifetime into Social Security. Not only do I not know where this money is going or if I will even get it back, if I ever do get paid, my money will purchase less and less than it would if I just took the cash I earned and stuffed it in my mattress. God forbid I put it in a low risk investment such as a CD, or (shhh!) my own personal 401k or Roth IRA.
So if you are under 50 and working in this country, you are looking at the following scenario: Forced labor, no transparency as to where your money is going, a broken system, and a repayment of your money that is less than what you paid in (in real terms).
The Government’s “Solution” Perpetuates The Problem
This would be hilarious if it weren’t so sad and true: There is no real push to eliminate Social Security! Some in the government actually want to increase the earnings cap and thus tax earnings even more to make up for the shortfall!
Only in government would this fly: We’re facing a huge shortfall, we have trillions in unfunded liabilities, so instead of even considering a different direction, let’s just tax and tax and tax and throw more and more money at the problem. Don’t even give people the option (there’s that pesky freedom thing again) of opting out of Social Security, just tax them some more and see where it gets us.
Print This Post
According to the socialist insecurity administration, “a social security number is not required to live or work in the United States nor is it required to have for the sake of having”. No law REQUIRES anyone to give their employer a socialist slavestate number. Without that number, not only do you not make yourself liable for FICA, you are also not liable for the so-called “income” tax, and, because you are not liable federally you are not liable for state income tax as well.
Prior to the IRS having to put all of their publications online, their pub 515, Withholding Requirements for Non Resident Aliens spelled it out right on page 2 and later on page 3, stating that all a citizen or resident of the United States need to is provide his employer a signed statement to that effect and his employer was relieved from any duty to withhold. No slave number, no W-4, no W-2 at years end, and no expectation on the part of the Infernal Revenue Swindlers to receive a fiscal proctology report, i.e., a form 1040.
Likening the income tax/socialist insecurity system to The Matrix, the IRS is analagous to the Sentinels or “squiddies”, i.e., search and destroy robots. Korporate Amerika is Agent Smith. Korporate Amerika has been doing the dirty work since the days of the so-called “victory tax” which was the start of income tax withholding.
Withholding for social security started on January 2nd, 1937. People knew it was voluntary at that time, but signed up for it because it seemed like a good deal. It was, after a fashion, for them. It’s just that they were mortgaging their posterity in exchange for a dubious retirement annuity, funded in the same manner as a chain letter or pyramid game. It also established the critical nexus for laying an income tax on the wages of ordinary Americans.
I interviewed one of the last holdouts who refused to sign up for socialist insecurity many years back. He described how increasing pressure was placed on him to sign up. He would receive lecture after lecture as to why he should, questioning him as to “why he thought he was so special”, etc. Finally, after Pearl Harbor, it was “sign up if you want to keep working here”. Apparently, the government was covertly twisting the arms of employers/Korporate Amerika to do their dirty work. In this way, the nine learned orangutans in black nightgowns could read the law AS WRITTEN and have no problem with it. Of course, as written and as enforced are two different things.
Korporate Amerika needs to fear “We The People” more than the IRS. If “We The People” took charge like the unions did way back when, Korporate Amerika would learn to fear broken plate glass, broken teeth, and broken bones more than nastygrams and sheisters from the IRS.
As for Ron Paul: Ron, you should have gone public with the voluntary nature of Social Security in your campaign. You would have had nothing to lose. You could have backed up what you were saying with documentation right from the government. Hopefully you still will at some point.
Pete
[Reply]
You are so clueless.
How come it’s ok to pay for a police, firefighter, military or politician, but not for a nurce or doctor with federal or state money?
How come it’s ok to lock people in with food and free health care, but not to citisens who have worked all their life and beening f*cked by “insurrance” companies of the help they need?
If you pay $20 000 to an “insurance” companiy, you KNOW you never will get it back. And that is not becouse of any inflation.
Social security is not demanding that all doctors have to work in “the system”, the are free to do stuff that the security system doesn’t cover. Like doing face lift etc. You need a safty net to catch people from hitting the floor. But if they want to be at the roof, they need to climb themself, and still have the net catching if they fall to far. That way there won’t be that many criminals either. Becouse some people wont be pressed to steal to survive.
For real, this is not social security, social here was and is not same as the political socialist, it’s christian security. “Do to others what you want them to do to you”. It’s so basic I can’t understand your standing, except if you isn’t a good christian.
But I guess you won’t let this be posted here…
[Reply]
Dear Mr/Mrs Jackson,
I afraid you are the one who is clueless.
The forgotten Christian security, as you call it, is a family base priviledge of members taking care of their own with pride. The Pyrymid Social Security System was recognized from its inception to leave our posterity as losers, over burdened to support the elderly and disabled whom they have no idea whether are not are in need of support. And, as you well know, need is not a criteria for recieving Social Security. The wealthy recieve Social Security as much as a political and legal right as those who are abandoned by the traditional family structure that Social Security and the bogus anti-Christ god of personal abundance has murdered.
If you want to pretend Christianity is in your heart, as you go walking to Jericho and see the man who the anti-Christ priests walk way around so not to be associated with riff-raff, and the so called good people don’t want to be burdened with either (Luke 10:30-32), you help that man within the means you have and nothing more than that (Luke 10:33-35). You are not only bypassing the wasteful institutional middle men of church and state (Luke 10:36-37), but you are helping to destroy the incompetent institutions and religious brick crap houses, as the Lord has willed (Matt 23:15,23; 24:1-2)….
All lofty notions of serving God by contributing to someone else’s higher authority are anti-Christ, and you have been told how to “..do it not….(but) keep the sayings of this book (and) worship God (Rev 22:8-9; Matt 25:37-39,37-39,37-39)”
[Reply]
You really poses much expertise on t Work | Ron Paul .com. I really enjoyed going through your posting. I really appreciate it.
[Reply]
Social Security is Unconstitutional. When people need help, they need to turn to their family, their friends, their church or other social groups. It is not society’s responsibility to take care of everyone. I sold my car so I would no longer have debt. I ride my bike to work and everywhere else. I make my choices for my benefit and I don’t expect anyone to give me money or buy me things. I don’t do drugs or watch television or run my air conditioning unless I am miserable. BTW, I live in Florida, and it’s HOT! Every U.S. Citizen has a choice to be in debt or debt-free. Save for retirement or keep working. I believe that the people who want to be involved in the Social Security pyramid scheme should be allowed to pool their resources and go for it, but I don’t think it should be mandatory to participate. It’s not going to be here when I retire and I resent being forced to make payments equivalent to a brand new car payment every month to pay into the system. It’s a scam and it pays lazy people out of the wages of people who work hard and choose not to spend money on fun things for themselves. If I had that extra money, I could put it aside for my use in the future. It’s UNCONSTITUTIONAL and that is all we need to know. If the founding fathers put this scheme in the Constitution, it would have NEVER been ratifyed.
[Reply]