[rolling_stone]

FDR didnt even envision a Ponzi scheme of this scale..he was aided and abetted by hundreds of Congress Critters along the way. Who tried to put a stop to the scheme? Who tried to add to it?If you are in charge of an "Insurance Plan" and allow it to not meet actuarial tables, are you not guilty of fraud aginst those paying into the plan? I realize SS is not an insurance plan but a tax but it needs to end if means tests must be used as it is therefore not viable.

Congress should not spend any more money on anything non-essential especially earmarks until this mess is termineated or made viable.

[Mariner]

"Who tried to put a stop to the scheme? "

Read Reagan's "The Speech" from 1964.

Conservatives had finally accepted Social Security to avoid destitution by reason of old age unemployment, but were insisting SS taxes be deposited as real dollars in private banks.

If that had been done, the economic growth of those NATURALLY low interest rates and available capital would have made much of this argument moot...especially the part about "where's my money".

And yes, every Congress member, Senator and President, past and present who signed off on this scheme should have all their assets confiscated (inclusive of their "estates") and the living should be imprisoned.