The Truth About How the Idiots on Capitol Hill Screwed up the Only Perfect Law in History: Social Security
Op-ed by TheWiseOldFart
I have said it many times, and others have as well: “all
governments are bad, some are just worse than others.” The sad truth is the
federal government of the United States has devolved into the worst in the
world. They lie constantly and are completely incompetent.
In 1935, the “People’s President,” the Greatest President in
American History, Franklin D. Roosevelt, sent a bill to congress called the “Economic
Security Bill.” When he signed it, the bill had become the Social Security Act
of 1935.
It was a perfect plan to ensure every American worker had a
retirement plan. The bill was funded by both employers and employees who
contributed funds from every paycheck. The only funds coming from the federal
government involved administration.
The formula was simple. A designated percentage was deducted
from the employee’s income, and employers contributed an equal amount. When the
employee reached retirement age, he or she would receive a monthly amount based
on his or her total contributions. It is rare for a Social Security recipient
to live long enough to receive the total amount his employer and he or she
contributed. So, why is Social Security in danger of bankruptcy today?
The most disrespected career in America is that of a “professional
politician.” In the beginning, I believe most politicians believed their
intentions were honorable. However, as the years passed, they began to place
their own ambitions ahead of the needs of their constituents. Reelection was
priority number one and remains so in 2025.
Efforts to hide our government’s wasteful spending involve
hiding the cost of bills designed to improve the lives of our nation’s people.
Social Security was one of their first “hiding places.” They made it appear
that these programs would cost nothing. Lies, lies, lies.
A program which originally cost little or nothing to
taxpayers became bastardized. Inept professional politicians added multiple,
costly programs to the Social Security Act. They literally embezzled millions
of dollars from the contributions of working-class Americans.
SOCIAL SECURITY IS NOT AN ENTITLEMENT.
We, the people who paid for our retirement, are cheated from
receiving what we deserve each year. Today, Greedflation has increased the cost
of basic necessities by an average of 60 percent. However, our yearly
adjustment for inflation is less than three percent.
Why? Here are the programs my wife and I are paying for with
our Social Security contributions.
Old-Age Assistance (Title I): Provided grants to states to
help the aged.
Federal Old-Age Benefits (Title II): Established the federal
social insurance program for retirement income, which is the basis for what we
know today as Social Security.
Unemployment Compensation Administration (Title III):
Created a system of unemployment insurance through federal grants to states.
Aid to Dependent Children (Title IV): Provided grants to
states for assistance to needy children and their families.
Maternal and Child Welfare (Title V): Allocated funds to
states to provide services for mothers and children.
Aid to the Blind (Title X): Offered grants to states for aid
to the blind.
Public Health Work (Title VI): Provided for the prevention
of disease and the promotion of public health.
Social Security Board (Title VII): Established a board to
oversee the administration of the act.
Government fraud and incompetence are the reasons Social
Security funding is being drained rapidly. The only ‘perfect law’ ever signed
by a president has become a the most fraudulent act in history.
Yes, the applicable word is “corruption.”
Op-ed by James Turnage
Follow me and be and informed American
Sources: https://bpcaction.org/social-security-five-fast-facts-for-congress/
https://www.ssa.gov/history/tally.html
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