For the first time in 25 years, social security is paying out more than it receives in taxes.
"Don't look now. But even as the bank bailout is winding down, another huge bailout is starting, this time for the Social Security system.
A report from the Congressional Budget Office shows that for the first time in 25 years, Social Security is taking in less in taxes than it is spending on benefits."
Somehow the werewolf doubts this intergalactic Ponzi-scheme will survive to the point when he is ready to retire. People were rightly outraged by the likes of Bernie Madoff who ran a similar operation. Why does the government get a pass?
J.W. Hulme Heritage Canvas Collection
6 hours ago