Txdigest.com

..from Charles Payne of Fox Business News.

He asked his panel what would the American people say if confronted with 3 choices to deal with the insolvency of Social Security, to guarantee everyone will get it..

"Would you prefer to cut your future benefits?...wait to retire to at least 70?..or start buying Apple stock or other stocks with everyone's future benefits?"

I think that's a great question. I'm sure some would choose option 1 or 2.

But the correct answer (by a mile).. is of course option 3..which is what George W Bush was attempting to start up about 10 years ago.

It may be a combination of all, something has to give in this Ponzi scheme soon.

Red Oak wrote:It may be a combination of all, something has to give in this Ponzi scheme soon.

If you think the future of SS is scary..you should see the future projections for Medicare and Medicaid!

And SSI !

Social Security will never be insolvent as long as there is the FED. They can just create the money out of thin air.

item #4
take the money from the food stamps and section 8 housing and obama phones.
this money never runs out. ever hear them say it'll end down the road???????

Social security is just a legalied Ponzi scheme. You pay into the system and your money is immediately
spent by the govt. When you start drawing SS, the buying power of the dollar will be considerably
less than what it was when you were forced to pay it in. The govt, pockets the difference. Some
"retirement program"