Social Security Surplus Myth Part I

Accurate overview of U.S. Social Security Surplus Myth misinformation by statists. Vote it up!
The economy actually has a good outlook (if you have a job): In fact its been doing better than the long-term projections by Social Security of its own fiscal health, because any future Congress can raise the age you collect social security benefits or raise social security taxes on current workers.
And the warning about the short-term Trust Fund deficit is a decoy to distract you from Social Security: It was the reckless spending of both political parties since President Johnson that swallowed the payroll tax overcharges, or mythical "surpluses".
Don't tell the politicians to put taxes back the way they were, leave the healthcare system alone, or leave Social Security alone. When do they listen to you? (TARP bailout)
In another presentation I'll demonstrate that Social Security is a mandatory tax rip-off that just borrows, borrows and borrows.

Millions face shrinking Social Security payments
By STEPHEN OHLEMACHER (AP)

WASHINGTON — Millions of older people face shrinking Social Security checks next year, the first time in a generation that payments would not rise.

http://www.google.com/hostednews/ap/article/AL
eqM5iTrgrpJ1JxUsdwo-WbKS7wAGqBXwD9A8QG3G0

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[Angellicationify]

The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.84 Trillion The debt right now is $14.23 Trillion. In approximately 788 days in office, Obama has accumulated $4.24 Trillion. Using simple algebra you'll find by Nov 24 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.

[Angellicationify]

Clinton didn't leave a $5.6 Trillion surplus but a $1.4 trillion debt over eight years. He borrowed from Social Security, part of a $115 Trillion unfunded liability, to make it seem he left a surplus. See my about me for links. The Debt Clock should be adjusted increasing the national debt from $14.0 to $21 Trillion and reducing our unfunded liabilities by $7 Trillion to reflect the truth about Clinton.

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Allen West 2012

[Unclesamslair]

so all the money that workers let the gov't borrow (~$2 trillion) the government is simply not going to pay back? bullshit

[Darealwhip]

You are a fucking liar....If I paid 78k in 30 years where is my money...Where is the money pay by ilegal aliens...They can't collect social security.....So who keep that money....Social security is an account that should be use exclusively to retirement not for bail outs.....

[nepats80]

Great Job!!!

This video needs more views!!!

[StratusBlue]

BRILLIANT!!!