Posted on 05/10/2011 1:04:51 PM PDT by SeekAndFind
Financial fraud is one or more intentional acts designed to deceive other people and cause them financial loss. Who is the world’s greatest financial fraudster? Bernie Madoff? Not even close.
The unemployment rate just went up again to 9 percent, and the proportion of the adult population at work continues to fall. These dismal numbers are a result of slow economic growth, which is caused mainly by the world’s biggest financial fraudster, who robs businesses and individuals of what is rightfully theirs. The world’s biggest financial fraudster is not one person; it is a group composed of those politicians and government bureaucrats who, on a daily basis, ignore the consequences of their actions as they misuse hard-earned taxpayer funds to further their own political or personal agendas. We will call this fraudster the TPP (for thoughtless power-hungry politicos).
TPP members of Congress made promises to the American people that are impossible to keep. They have said, “Give us your money in Social Security and Medicare taxes, and we promise to give you a specified set of retirement benefits and medical care for the remainder of your lives.” The money they took in for Social Security and Medicare was supposed to have been put in a trust fund - remember Al Gore’s famous “lock box” - but the money in the trust fund was spent way back in the Johnson administration. All the money that has come in since for the “trust fund” has been spent by succeeding generations of politicians on their pet projects. Even the U.S. government admits that the outstanding liability for all of these promises is almost $100 trillion (or approximately $325,000 for every man, woman and child in the United States) and is increasing at $10 trillion per year.
(Excerpt) Read more at washingtontimes.com ...
Worlds most outrageous comment.. “I’m from the government and I am here to help”..
It’s why they fight so hard to stay there. They are an elected criminal class any way you slice it.
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