Archive for Social Security
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Private Fraud vs. Public Fraud
In his latest column Ron Paul points out that governments are the biggest perpetrators of fraud on a massive scale. Social Security is just one example of a series of government-run Ponzi schemes that are doomed to collapse. Meanwhile, when confronted with new aspects of the growing crisis, government officials typically react by introducing even [...]
Ron Paul on Financial Security vs. Inflation
by Ron Paul
Last week I discussed how sound money contributes to peaceful relationships around the world. It is not gold, in and of itself that excites me, but the many benefits of sound money. Another benefit is financial security.
Can sound money give you financial security? There is something very comforting in knowing that what you [...]
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 [...]
