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Updated almost 15 years ago, 03/22/2010

User Stats

1,821
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Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts

Does the house of cards begin to collapse?

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

Social Security is about to begin paying out more than it takes in.

Article: http://news.yahoo.com/s/ap/us_social_security_ious

Since the Social Security Trust Fund is nothing but a bunch of IOUs, how long will it take before people realize what a sham the whole system is? It’s nothing more than a legal ponzi scheme.

Before the usual suspects start chiming in about who’s fault it is, keep in mind that neither Democrats nor Republicans ever had the guts to face the issue for fear of losing votes.

:cool:

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