Excerpt:
“As long as the $1.2-trillion annual budget for the military-security complex is off limits (to cutting), nothing can be done about the US budget deficit except to renege on obligations to the elderly, confiscate private assets or print enough money to inflate away all debts,” Paul Craig Roberts, former Assistant Treasury Secretary under President Reagan warns.* * * [In] fact, workers over their lifetimes have contributed 15 percent of all their earnings to the payroll tax that funds these benefits and have every right to them.
And far from Social Security being in the red, between 1984 and 2009, Roberts writes, “the American people contributed $2-trillion . . . more to Social Security and Medicare in payroll taxes than was paid out in benefits” but “the government stole” that sum to fund wars and pork-barrel projects!
What's more, under one realistic estimate, far from crashing into the red, “Social Security(OASDI) will have produced surplus revenues of $31.6-trillion by 2085, Roberts says.
Obama is no different from all the other NWO scumbags. They all rip off taxpayers to fund their favorite pork-barrel projects. 0 just happen to be in love labor unions, Planned Parenthood, PBS and big government.
Thanks for the ping.