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, 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 […]
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 […]
Lets start here . . . It was revealed recently, Mr. Musk is not the boss of DOGE, Indeed, he is not a paid employee of DOGE either. In fact, he is a volunteer or you might, might want to suggest he is a vigilante with a posse of paid volunteers (out of his own […]
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 […]
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 […]
It is a Sunday Morning and a good time to take a look at Social Security. SS a program covering millions of people in the US. A program which Trump and Elon (who functions in some type of capacity for him) would like to alter, get rid of, or cut the number of people from […]
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 […]
Yet, Musk and Trump would have us believe Social Security is ripe with waste and fraudulent payments to undeserving recipients. I would not say Musk is ignorant as he knows exactly what he is doing in an attempt to turn people against programs which benefit them. As Dale Coberly and Nancy Altman would tell you, […]
Candidate Donald Trump promised not to touch Social Security if elected. But President Musk made no such promise, and is already spouting the usual lies to justify cutting Social Security benefits and privatizing the program: “The billionaire argued Friday on “The Joe Rogan Experience” podcast that the United States government is “one big pyramid scheme” […]