Relevant and even prescient commentary on news, politics and the economy.

Social Security Changes to Block Immigrants who were Legal

What happens if you are not an immigrant? Social Security changes has hit upon ordinary citizens also. This is a brief piece article about one citizen whose Social Security status was changed arbitrarily. Joyce Evans received an alarming letter two days before Christmas 2023. (“Family sues Social Security after mom spent dying days fighting error, […]

Musk’s big blooper? His claim of millions of dead people receiving Social Security checks

Elon Musk wants to make seniors on Social Security suffer Smears, Sadism, and Social Security, Paul Krugman We often think of Social Security as a retirement program, which it is. Most Social Security beneficiaries achieve that status simply by reaching retirement age. The program also helps Americans with disabilities preventing them from working or limit […]

What Musk Does Not Want You to Know

It always comes up! People could have greater savings if the funds were invested on Wall Street entities, etc. This can be true. It comes to mind though; can you afford to lose it? Will someone replace it for you if it is lost? No one will replace it for you if it is lost. […]

Why Social Security is in the worst crisis since its founding in 1935

Why Social Security is in the worst crisis since its founding in 1935, and what you can do about it, Robert Reich Financial services executive Frank Bisignano, Trump’s pick to become permanent commissioner of Social Security, faced lawmakers this morning in a Senate confirmation hearing. He “guaranteed” senators that he would not seek to privatize […]

Next stop for private equity—your Social Security?

I’m certainly not paranoid and I’m no fan of conspiracy theories. But scheerpost.com makes a compelling case for the fear that the Trump Administration is opening the door to a private equity takeover of Social Security. They’ve certainly recruited the team to do it. “Again, per Bloomberg, private equity has just gained a “beachhead” in […]

Lying about Social Security

President Musk recently called Social Security a “Ponzi Scheme.” He’s hardly the first to repeat this lie, but he and his mini-me’s in DOGE have painted a target on Social Security. I’m sorry it’s necessary to explain this again, but we are being lied to. Here are the facts about Social Security. • No, it’s […]

Elon didn’t get the memo

Candidate Trump promised he would not allow any cuts to Social Security or Medicare if elected. Looks like President Musk didn’t get the memo: “Despite reporting from The Washington Post on Monday suggesting that DOGE officials are starting to worry about bad “PR,” Musk suggested later in the day he could push for big cuts […]

Social Security and Its Administration in 2025

Introduction The Social Security Administration is an independent executive branch agency with a sole responsibility of administering the Social Security program. It was established in 1935 as part of the Social Security Act. Then President Franklin D. Roosevelt signed the Social Security Bill into law on August 14. This came 14 months after sending a […]