Social Security will be Gone in 15 Years – “We Are in Huge Trouble” - Senator Tommy Tuberville

***We Need to Know This! “This is all a SCAM” -- “We are Dead Broke & We are in Huge Trouble”

This was on February 28, 2004 for a Senate Health, Education, Labor and Pensions Committee hearing on “The Retirement Crisis.”

Sen. Tommy Tuberville (R-AL) questioned witnesses about Social Security's prospects and government spending.

“With $35 Trillion in Debt, we don’t have any of your money.”

“We’re Dead Broke.”

“And then Taxpayers have over $2 Trillion in Credit Card Debt.”

“There’s going to be about 150 Million people coming up here and saying Where is our Damn Money we paid in.”

Well, it’s likely went to a Foreign Country, take your pick, Israel, Ukraine and then portions come right back in the politicians pockets. It truly is a scam.

It is being done deliberately to bring America to its knees in a few years.

When Social Security began it was to take 2% of your tax income and never would be more than 6%, well that was a blatant lie because today it takes 12.4% and they know with certainty that the whole system is going to fail, so this is called STEALING. It is theft. It is an ongoing heist.

It needs to take 15.8% and 17.5% of everybody’s income just to stay afloat.

People believe that there is a special account for this money and it is being “SAVED.” That is 100% bullsh*t because for the past 13 years every dollar of your hard earned Social Security money has gone to pay Promissory Benefits. They “invest” in gov debt.

I can’t think of anything better to invest in than debt that will never be paid back. Way to go Board of Trustees. We knew we count rely and count on you.

F*cking Idiots.

We have corrupt politicians. You can’t say they are stupid, they are just corrupt and careless. They spend all of your money and leave the problem to the next corrupt politicians that are selected and to the next generation of taxpayers which are our children and grandchildren.

What a great future they have aligned for our children and grandchildren.

What is just horrible is that this is effecting lower income as they are paying a huge percentage into social security and they can’t save a dime and are promised money that will NEVER be paid back to them because our idiotic, greedy, corrupt politicians spends it.

The lower income have the shortest life expectancy.

Our gov has done such a great job of taking care of the wealthy and not even thinking of the poor. It is inhumane and this is “Greatest Country in the World?”

This was intentionally set up to fail so they can get everyone to except their offer of the new financial system which may begin with Universal Income. Sounds great? So did social security and how is that turning out?

Nothing the government offers is truly for us, it is for them.

The American people had been “sold a bill of goods” when Social Security was passed.

Senator Tommy Tuberville frankly stated that “most people won’t get Social Security.”

The Federal Government currently spends OVER 20% of its Federal Budget on Social Security Benefits.

Social Security taxes that are deposited into two trust funds: the Old Age and Survivors Insurance Trust Fund (OASI) and the Disability Trust Fund (DI).

The Board of Trustees oversees all of this. It appears these “trustees” haven’t been so trustworthy.

Why can’t we put that money in our own 401 K retirement funds?

Why does the government get to have this money? Then they turn around and spend it which is an obvious crime.

Why? Because this is all a SCAM!

Sources:

1. Forbes Breaking News -- https://www.youtube.com/watch?v=A8kYw7sFl2Y

2. Sen. Tuberville continues attacking Social Security funding model -- https://www.alreporter.com/2024/05/23/sen-tuberville-continues-attacking-social-security-funding-model/

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END. 7/31/2024 – 3:00 PM
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