Editors note:  By renaming Social Security a “Federal benefit” program, the access to the principal, not just the surplus, is on the horizon.  Currently the largest Social Security office on the planet sits in the middle of Mexico City.  Illegal immigrants have only to show they worked three quarters in the US, even if under a stolen identity or assumed name, to collect from Social Security.  Americans have to work a minimum of 12 quarters to qualify.  currently, the Federal government owes Social Security an estimated 4 trillion in stolen surplus funds: stolen and used to fund illegal wars of aggression and a myriad of other non-related programs and policies.  THERE IS NO TRUST FUND!  Social Security taxes are identified only as a revenue stream deposited in the International Monetary Fund (IMF) via the World Bank.  The next time your politician of choice suggests to you that Social Security is an entitlement program implying that it is some kind of unearned welfare, remind them that taxes on your wages is what funds this program.  The federal government does not fund Social Security…… Social Security funds the federal government.  Maybe it is some perverse form of reverse welfare.  Then, ask them what happened to this 4 trillion dollar surplus that was stolen from our retirement accounts and how they intend to pay it back. Since all surpluses are immediately seized by the federal government and squandered, there is no reserve~      Marti

 Zerohedge.com

Consider the exploding star of Social Security, one of the largest and most important pension programs in the world.

Literally tens of millions of people depend on it.

The Social Security Administration itself reports that 62% of recipients rely on the program for at least HALF of their income.

And further research by the Center on Budget and Policy Priorities (CBPP) shows that, without Social Security, 22.1 million Americans would fall below the poverty line.

Needless to say, major cuts to the program would have nuclear effects.

And yet, year after year, the Social Security Board of Trustees publishes an annual report that describes the program’s terminal financial challenges in excruciating detail.

They mince no words in plainly stating that Social Security pays out far too much money, and takes in far too little.

According to the 2017 Trustees report, “Trust Fund reserves become depleted in 2035.”

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