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To: Libloather

It will go bankrupt because of the manner in which it is funded! Its funding method is similar to how a Ponzi Scheme works. Rooting out all the fraud just pushes the day of reckoning further out!

And no you have no asset ownership in the money you paid in! There have been several USSC decisions in the past confirming that.


7 posted on 03/02/2025 9:23:34 AM PST by Reily (a)
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To: Reily

Then stop having it deducted from paychecks.


17 posted on 03/02/2025 9:29:54 AM PST by shelterguy
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To: Reily; All

What further belies this former bozo of social security’s idiotic scare speech is this:

Financial analysis of the Covid 19 pandemic and the millions of deaths in the US prematurely ending Social Security fund payout to beneficiaries now dead— this revealed several billion dollars kept IN the socalled “trust fund” which extends the life of the fund for 3 or more decades even in the face of increasing payouts (soon to be reduced by removal of illegal aliens getting anything, AND the DOGE winnowing of completely disappeared money to people of ages not capable of being a) alive or b) existing in the first place (shadow, multigenerational payouts to persons unknown, etc.)

This puts a huge LIE on this bozo’s face beyond all else. Zoom- bang— gone!


24 posted on 03/02/2025 9:37:22 AM PST by John S Mosby ( Sic Semper Tyrannis )
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