The deceitful attack on Social Security


Richard Moore

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Again, this is an image-rich article, and you’ll need to go to this link to see it. I’ve quoted some of the introductory material below.
The demonic cabal and its Wall Street lackeys are increasing their attacks on Social Security:
     1.     Using the economic collapse they engineered to deceive Americans into believing that Social Security is in financial trouble –IT ISN’T!
     2.      Using idiots such as Republican Representative Paul Ryan of Wisconsin to push the idea that privatization is the only way to ensure Social Security’s continuation–IT ISN’T! 
     3.     Using flunkies such as Steny Hoyer to spread the lie that we need legislation to cut entitlements because Social Security is a part of the federal budget –IT ISN’T!
     4.     All of this current deception is in addition to their continually peddling the BIG LIE that Social Security is inevitably going bust.  –IT ISN’T!
Answering the Big Lies
     The Social Security System is an independent federal agency with its own revenue stream and depository fund: IT IS NOT A PART OF THE FEDERAL BUDGET!
      According to the 2008 Social Security Trustees report, the Social Security System (SSS) runs at a surplus of about $190 billion per year. Using any realistic view of the U.S. economy, the Social Security System will stay solvent, in fact reap a surplus, throughout the entire twenty-first century!
      This Social Security trust fund system is one of the few programs set up by the federal government that continues to operate successfully. To take a sample year, in 2002, the SSS received $627 billion in checks, $453.8 billion in taxes, and an additional $49 billion in interest. Instead of red ink, Social Security made almost $102 billion in profit, to add to the trillions it has in surplus from previous years.
     The impact of Social Security benefits on the lives of citizens and on local economies is incalculable. In 1995 Social Security paid $340 billion in benefits. Forty-two percent of American senior citizens are kept from living in poverty by their Social Security payments. Nearly one in five Americans receives Social Security benefits and ninety-five percent of Americans have the Social Security benefit protection program. The poverty rate of the elderly was 35% as late as 1959. Now it’s about 10%, because of Social Security.