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Social Security: A Green Swindle of Another Type

$awman Wrote: Oct 08, 2012 8:00 AM
And the media eviscerated Gov Perry for calling it a Ponzi Scheme. "Circle the wagons boys! Kill all the bastards who come a callin' with the truth."

"Social Security is structurally sound. It's going to have to be tweaked the way it was by Ronald Reagan and Democratic Speaker Tip O'Neill. But the basic structure is sound."

So said Obama in his first presidential debate with Mitt Romney before moving on to another topic that he was more interested in discussing.

But the reality is that Social Security--the federal government's largest program--is not sound. And the "tweaks" Obama spoke of (from the Reagan-O'Neill years) include raising the retirement age, increasing social security taxes, and delaying cost of living adjustments. And those...

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