NOT SO SECURE SOCIALISM

Sunday, August 1, 2010
By Paul Martin

by Brother Gregory Williams
August 1, 2010
NewsWithViews.com

The United States Supreme Court in 1937 validated Social Security as an exercise of the Constitutional taxing power of Congress for the benefit of the general fund of the United States Treasury. The Supreme Court also said that “Congress could, in its future discretion, spend that money for whatever Congress then judged to be the general welfare of the country” having “no constitutional power to earmark or segregate certain kinds of tax proceeds for certain purposes, whether the purposes be farm-price supports, foreign aid or social security payments.” [1]

At the time of its introduction of the Social Security Act to Congress and the American people “The President wanted everybody covered for every contingency in life—’cradle to the grave,’ he called it—under the social insurance[2] system… But the Government of the United States is not an insurance company and so it could be done.” [3]

While the system of Federal Social Security was “sold as if it were insurance” [4] it was not. There is a great deception or a strong delusion that social security taxes are payments of insurance premiums to obtain specified benefits at a specified time. There is no such right.

The Rest…HERE

Leave a Reply