Archive for Social Security
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Government Statistics and Lies
by Ron Paul
There has been a lot of talk in Washington recently about senior citizens, mostly about how various healthcare reform models would help or hurt them. But there is another critical issue that has quietly devastated seniors financially over the last few decades. It concerns how the cost of living is calculated. How does [...]
Stop Bleeding the Social Security Trust Fund!
Earlier this week, Congressman Ron Paul sent a letter to all Members of Congress asking them to support his legislation HR 219 The Social Security Preservation Act, which simply states that all monies raised by the Social Security Trust Fund will be used only in payments to beneficiaries or invested in interest-bearing certificates of deposit.
“This [...]
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 [...]
