Friday, July 2, 2010

It's official...

Even though you've paid into Social Security
all of your working life...

And even though they promised to pay you back...

You can no longer count on getting what you're owed.

Take a look at this from The New York Times:


"This year, the system will pay out more benefits than it receives...accumulated revenue will slowly start to shrink,
as outlays start to exceed revenue...[and] by law,
Social Security cannot pay out more than its balance in any
given year."

We all knew this day would come. But nobody expected
it to come so fast - six years ahead of schedule.
In fact, even the Congressional Budget Office itself admits it.

According to their own calculations, the so-called American
public "safety net" they've forced you to pay into starts to
dry up as of Sept. 30, 2010. That's when it officially slips
$28 billion into the red.
And it just keeps sinking deeper from there.
In fact, this administration, burns through $183 million
of your dollars every hour of every day!!

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