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Rick Perry Was Correct

Andy440 Wrote: Apr 26, 2012 11:42 AM
Napolitano says, "In 21 years the Social Security trust fund will be empty". Absolute BALONEY! The Social Security 'trust fund' was raided starting with LBJ, and his "Great Society" spending programs, and by every deficit-spending, 'spend-a-holic' administration since (some of the worst offenders the so-called 'conservative Republican presidents). We are 16 TRILLION DOLLARS in debt, folks. We are on the point of a Greece-style national insolvency and fiscal melt-down. The dollar is worth HALF today as the day Bush came in office in 2001. There is NO 'set aside, dedicated Social Security Fund'! We are at the point of fiscal and social Armaggedon thanks to lying corrupt politicians! Wake up, people!
When Texas Gov. Rick Perry, then in the early stages of his short-lived quest for the Republican presidential nomination, referred to Social Security as "a Ponzi scheme," he was excoriated by the press, left and right, and by his fellow Republicans, as well. Earlier this week, government actuaries revealed that Perry was correct.

That revelation, which was greeted with a ho-hum by the media, basically announced that by 2033, 21 years from now, the so-called Social Security trust fund will be empty. The only reason this was even announced is because we are approaching a presidential election campaign, and...

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