Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

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  • Third-Rail Shocker (Social Security Going Bankrupt Sooner)

    01/08/2010 5:17:09 PM PST · by raptor22 · 36 replies · 1,422+ views
    Investors.com ^ | January 8, 2009 | Investor's business Daily staff
    Entitlements: While a massive health care entitlement is fashioned in secret, another one, Social Security, is running deficits decades earlier than expected. We've been kicking the can down the road. We're out of road. As Bernie Madoff found out, any Ponzi scheme depends on a continuous inflow of new cash and new customers or the ever-expanding pyramid will totter and collapse. Social Security, dependent as it was on new workers paying the expanding benefits of retirees, is about to, much sooner than expected. As Ed Morrissey over at HotAir.com reminds us, Peter Orszag, now director of the Office of Management...