Inside the world of Social Security

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www.socialsecuritysolution.org “THE MONEY’S GONE” “BOTH REPUBLICANS & DEMOCRATS HAVE STOLEN MONEY FROM SOCIAL SECURITY” Copyright AmeriCareToday 2009 As a result of this legislation, trillions of our retirement dollars were transferred to the general revenue fund, and with no safeguards in place, what did our politicians do? President Reagan (republican) at the Social Security reform signing ceremony: “Today we can all look each other square in the eye and say we kept our promises”. http://www.youtube.com/watch?v=0-91W5LS0E8 Speaker of the house Tip O’Neill (democrat) at the same signing ceremony: “All worked together on both sides of the isle, the system does work; this is a happy day for America”. http://www.youtube.com/watch?v=JCDjqy5_V2w Statements by Senator Tom Coburn: http://www.youtube.com/watch?v=Z3_aOSxoF-o 1:30 into video Many people are not aware that our federal government owes the Social Security trust fund 2.6 trillion dollars. http://www.ssa.gov/cgi-bin/ops_series.cgi “WE STOLE 2.6 TRILLION DOLLARS” Not only did our elected officials in Washington transfer our retirement dollars into the general revenue fund, they then proceeded to use our retirement dollars to pay for earmarks, finance wars, and hand out targeted tax cuts. For every one of our retirement dollars the federal government took they left a new dollar of debt, called a special obligation bond or IOU. “WE SPENT THE MONEY” Statements by Senator Tom Coburn: http://www.youtube.com/watch?v=Z3_aOSxoF-o 1:30 into video “We put paper money in there, there’s no question there’s an IOU in there” Statements by Senator Tom Coburn: http://www.youtube.com/watch?v=Z3_aOSxoF-o 1:30 into video It’s no secret however, 78 million Baby Boomers are beginning to retire, and that means the general revenue fund must begin paying back that 2.6 trillion dollar debt it owes the social security trust fund. Guess what? The money’s gone; its been spent. The real question is www.socialsecuritysolution.org The special obligation bonds or IOUs are recorded as an asset on the Social Security trust fund balance sheet, however, that SAME DOLLAR shows up as income on the general revenue fund ledger. They’ve counted every dollar twice. Do you see why so many believe that deceit and deception have been used to cover up the real story? WHO PAYS THIS TIME? Are you prepared to trust them again with your retirement dollars? Become part of a bold solution

Summary: They've stolen 2.6 trillion of our retirement dollars, and now want us to pay again

Tags: social security ious coburn o'neill reagan obama

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