According to an article at MSNBC.com (AKA Pravda), the Social Security fund will be drained by 2037! Of course that is a ridiculous statement, on so many levels, considering that there is no Social Security fund! The Social Security fund has continuously been drained (i.e., pillaged) by Congress as fast as the money has been paid into it, as they have stolen every dime to enrich their cronies and insure their re-elections!
As pointed out in a January 28, 2011 editorial by Andy Sutton, this year Social Security will already be $45 billion in the hole! The government is planning to make up the difference with more “quantitative easing,” which of course is a euphemism for printing more phony money.
Since the new money that is paid out to retirees will immediately be spent on their living expenses, this money will directly and immediately show up as rising prices in the market place. This means that every dollar spent by these retirees will directly decrease the spending power of every other dollar in existence, which shows up in the market place as rising prices. The prices they will have to pay to meet their living expenses will continue soaring, but their entitlements will always be lagging behind-and even more so since their cost of living increases are based on the government’s phony inflation numbers, which are always way below the true rate of inflation.
This inflation will eat away at their standard of living until the retirees who are relying on Social Security will end up “homeless on the continent their fathers conquered.” It will be then, that retired Baby Boomers may finally understand the prophetic words of Thomas Jefferson, who warned us about this when he said:
If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered. -Thomas Jefferson
I said “may finally understand” these words because this will only happen if the truth is allowed to be heard. But since we know there is little chance of that, most retired baby boomers probably won’t understand it at all, and will instead blame their problems on whomever the government decides to blame, which will probably be the free markets. Thus will the stage be set for the full roll out of Communism.
The U.S. has already been completely seized by communism. It’s just that it hasn’t been publicly admitted yet!
Retirees who are relying on Social Security benefits are totally screwed! Every bit of data that comes out of the government is a complete lie. But it gets worse! Even if you have a retirement account other than Social Security you are still not safe, because the government is planning to seize all retirement accounts (except for their own of course) as part of their plan to bail out Social Security! Your only defense is private ownership of gold and silver held in your possession.
The “2037” lie is to make people think that they still have time, so a general panic and revolt in the streets will not occur-at least not yet! First they have to get their police state grid in place. They are nearly there. One of the final things they need is gun control. Don’t say you haven’t been warned!