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Monday, October 4, 2010

They just want you to know the truth...


Social Security Administration Admits Social Security Can Be Cut At Any Time: Benefits Are Welfare Payments ; No Insurance

The Social Security Administration admits on its' own website that Social Security benefits can be cut at any time for any reason:

The fact that workers contribute to the Social Security program's funding through a dedicated payroll tax establishes a unique connection between those tax payments and future benefits. More so than general federal income taxes can be said to establish "rights" to certain government services. This is often expressed in the idea that Social Security benefits are "an earned right." This is true enough in a moral and political sense. But like all federal entitlement programs, Congress can change the rules regarding eligibility--and it has done so many times over the years. The rules can be made more generous, or they can be made more restrictive. Benefits which are granted at one time can be withdrawn, as for example with student benefits, which were substantially scaled-back in the 1983 Amendments.

Link:
http://nalert.blogspot.com/2010/10/social-security-administration-admits.html

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