Social Security Is Quietly Eroding Away…(Another Ponzi Scheme Bites The Dust!)

Bruce Krasting
BusinessInsider.com
Sept. 30, 2012

Social Security (SS) will race through another milestone in October. For the first time in its history, SS will pay out more than $65 billion in a single month.

Other than the fact that this is an incredibly big number, there is nothing eye-opening about the payout. SS missed hitting the $65b milestone by a fraction in September. In November, it will be higher again. $70b will be hit by December 2013. The ladder to higher payouts never stops.

$65b is a very big number:

The Rest…HERE

Read more: http://brucekrasting.com/ss-and-the-beach/#ixzz27yEOvue7

This entry was posted on Sunday, September 30th, 2012 at 12:18 pm and is filed under Economics, Government Evil, Socialism. You can follow any responses to this entry through the RSS 2.0 feed.