My fiend Bob Weeks (Voice of Liberty in Wichita) takes Robert Greenwald and Bernie Sanders to task over their incredible statements about Social Security…
Social+Security
Pay Up America, Each of You Owe The Govt $534,000
-By Warner Todd Huston
Obama will not take a check. You must sign over your homes, your 401k’s, the pink slip to your autos, all your savings…. come on America, be patriotic, pay Obama what you owe him. It amounts to $534,000 per person, so you better get your accounting in order.
Where does this $534,000 number come from? USA Today says that a little known government report pegs the government’s unfunded mandates at $61.6 trillion. Yes, that’s trillion with a “t.” That is the amount of money that all the un-Constitutional spending by the federal government will cost the taxpayers if it all continues to be mandated by law, court orders, regulations, and back room deals made by grasping government officials…
Read the Rest at RightPundits.com.
Video: Saving Social Security with Personal Retirement Accounts
A new mini-documentary By Dan Mitchell of the CATO Institute explaining why personal accounts are the only way of dealing with Social Security’s huge, long-run, unfunded liability while also giving workers a chance to enjoy a safer and more secure retirement.
The take away: You’ll have to live to over 100-years-old to make your contributions into Social Security worthwhile!
As They Live off Us, Some Federal Workers Pocket Fraudulent SS Benefits
-By Warner Todd Huston
News has emerged today of an investigation by the Government Accountability Office (GAO) that has discovered hundreds of federal workers who are pocketing fraudulent Social Security disability payments. This is doubly galling, to say the least. Not only are these federal workers living off we the taxpayers, but now they are stealing from us outright.
The Government Accountability Office issued a report that showed at least 1,500 federal employees may have wrongly received benefits. The group’s investigation, which focused on two Social Security programs for people who have limited incomes due to disabilities, found several specific cases in which beneficiaries were earning well above the income cap while still receiving benefits. In one case, a Transportation Security Administration screener was overpaid $108,000, according to the report.
Worse, none of this fraud was uncovered by the Social Security Administration and the internal controls it has set up to catch this sort of stuff.
The GAO also found other fraud.
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As They Live off Us, Some Federal Workers Pocket Fraudulent SS Benefits”