Short video and a wake up call

[rojawe]

http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0
Scares the hell out a right minded person and nothing to those sucking benefits they haven't earned.

[tombogan03884]

I didn't watch this whole video, saw another recently, maybe the same one.
It's really very simple.
All the legitimate expenses of govt, 2 wars, Social Security, everything, can be covered by tax revenue with money left over. the rest of it goes on welfare "buy the minority" programs.
The government spends 200% of revenue, 62%, nearly 2/3 of the total, goes to so called "entitlement" programs.

[MikeBjerum]

I am sick of people calling Social Security and Medicare an entitlement!  That is a plan that is paid for by most of the users.  I know we are not supposed to count on it for our entire retirement, but with the amount of cash they have taken out of my pocket I have a lot of money they have stolen ... but what do we expect from Washington D.C.?

Due to an employer that stole two and a half years of my Social Security deposits I get quarterly reports showing money sent to the administration (not withheld and due, but actually sent) since my very first job.

Take the amount sent to the Feds in my name, deduct 25% off the top for administration fees and those that draw without paying, apply 5% APR interest with 25% removed as above, work this through my most recent statement and extend last years amount with no inflation for the next 12 years (expected working years), and I will have an account value of just shy of $1,000,000.  This means that there is $50,000 to go toward my SS and Medicare annually without touching principle, and the government gets my principle written off their national debt balance at my death. 

I agree that our finances are a mess, but quit calling SS and Medicare an entitlement.  It is bought and paid for, and in the best terms it is lent to the government, and in reality it is stolen assets from workers that was taken in a trust fund raid.  Maybe those wanting banks destroyed should look at what we have done to ourselves with government credit cards.

[tombogan03884]

Sounds great m58, and that's the way it's supposed to work.
BUT, Johnson stole the trust fund to pay for his welfare plans which accomplished nothing positive.
Your "account" isn't worth squat since every thing you think you are paying into the SS fund actually goes into the general fund to be spent twice over.
I agree that SS is your money and unemployment is your employers money but the dems have robbed both accounts blind to hire drones to vote D so both accounts are just as worthless as any other financial matter the Gov involves itself in.
What's that you say ?
The gov is involved in all aspects of finance, business, and investment ?
Explains a lot doesn't it .