More Social Security

Written by Andrew on April 30th, 2005

Ida Fuller

When I was in high school I knew a man who worked as an accountant for a company that had been shut down by the SEC because it was basically set up like a Ponzi scheme, something to do with office equipment leases sold multiple times over. All of the higher up accountants went to jail, so it was up to him and some other young guys to straighten things out. In their office, they kept a picture of Ida May Fuller, (pictured above) the biggest winner in the biggest Ponzi scheme of all time.

Too much is made of the fact that Social Security doesn’t work, or is on the road to insolvency. That’s obvious. Not enought people are talking about the fact that it’s a total fraud placed as a yoke on the American people to keep statists in office. Fuller put $24.75 into the system and collected $22,888.92. Do you think she was pulling the lever for New Deal candidates? I assume she wasn’t dumb enough not to. The Democrat Party and liberal Republicans have used tax payer money to guarantee reelection year after year, and because it is done in the name of Helping Old People, it is totally sacrosanct and unreformable.

The Left is the new reactionary movement in America. Nothing can change, no matter what disaster lies around the bend. The Democrats have offered no alternative plan, they have instead indicated every willingness to mortgage America’s future in the interest of short-term stability.

1 Comments so far ↓

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    Anonymous

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