[hermgem]

Not to be forgotten:
It was this Democrat President Johnson that needed funds for this Kennedy/Johnson Vietnam war, who opened the floodgates and changed Social Security monies from being actually withheld to being guaranteed and then recorded on worthless paper.
Politicians eagerly and quickly adapted to this guaranteed withholding scheme and kept on fleecing and spending these Social Security withholdings.
Billions of earmarks serve and continue to serve sitting politicians to stay in power while diverting monies away from their rightful owners and victims, namely future and present retirees.

[Go_Raiders]

“...changed Social Security monies from being actually withheld to being guaranteed and then recorded on worthless paper.”

WRONG WRONG WRONG

There was NEVER any investment made with FICA funds from Day One. The money would have to have been transferred to a private investment portfolio to meet any realistic definition of an asset. Instead, it was “invested” in (very) low “interest-bearing” Government Bonds, which this article points out are simply IOU’s.

FICA has always been, and will always be, meaningless numbers on the Social Security ledger. Any thinking human has known this from the beginning, and the real criminals are every elected official that voted for increases in benefits.

The only justifiable application of a Social Security program is to prevent starvation. Any payout above the poverty level is theft from taxpayers. Any tax collected to pay more than benefits is a National Debt Time Bomb.