Insanity of the Obama Amnesty

How long has the federal government blamed the 'Baby Boom' generation for the looming 'bankruptcy' of Social Security?  They, like everyone since its inception have paid into the system all their working lives with hopes of surviving old age.
The same people who have pointed the blame in the wrong direction failed to consider how many cases of fraud has been discovered - from the federal government itself to fraudulent receipt of benefit funds.
Maggie's Notebook has pointed out what I had mentioned in other articles: Obama's amnesty is not only rewarding invaders who unlawfully crossed our border, but ignoring those who have violated another federal law: fraudulent documentation and theft of social security numbers. That means that those that have been illegally awarded amnesty will be collecting Social Security from a fund that the feds have been complaining is short of required balance. Reagan was so very correct: Government IS the problem. More specifically, those operating OUR government.
The Obama corruption machine is like a run away train towards the abyss.

No Wonder Social Security is Going Bankrupt

Adding to the fact that Congress has stolen from the SS "trust" fund over the decades, here is another reason, along with those who commit fraud, why it is going broke:
After 60 years, condemned Nazi are finally refused social security benefits. The "New Deal" has never been a good deal. Here is a video where an economist shows how much better you can be in private investment that forced social security by government cannot provide:

It's worse than you think.

Gov. Perry's Tax and Spending Plan Will Keep Politicians' Sticky Fingers Off Social Security Contributions

My Tax and Spending Reform Plan

By Rick Perry

The Wall Street Journal

October 25, 2011

The folks in Washington might not like to hear it, but the plain truth is the U.S. government spends too much. Taxes are too high, too complex, and too riddled with special interest loopholes. And our expensive entitlement system is unsustainable in the long run.

Without significant change quickly, our nation will go the way of some in Europe: mired in debt and unable to pay our bills. President Obama and many in Washington seem unable or unwilling to tackle these issues, either out of fear of alienating the left or because they want Americans to be dependent on big government.

On Tuesday I will announce my "Cut, Balance and Grow" plan to scrap the current tax code, lower and simplify tax rates, cut spending and balance the federal budget, reform entitlements, and grow jobs and economic opportunity.

The plan starts with giving Americans a choice between a new, flat tax rate of 20% or their current income tax rate. The new flat tax preserves mortgage interest, charitable and state and local tax exemptions for families earning less than $500,000 annually, and it increases the standard deduction to $12,500 for individuals and dependents.

READ MORE . . .

Skip Tracer Accidentally Discover's Obama's Real Estate Fraud, Tax Fraud, & Social Security Fraud

A professional skip tracer using the pseudonym "Al" was interviewed by Rick Wiles of TrueNews.org Radio. While tracing a debt unrelated to Barack Obama, Al was stunned when he bumped into Barack Obama's name, as well as another name, Harrison [Harry] J. Bounel. "Both" men are using the same social security number and the same address in Chicago, 5046 S. Greenwood Avenue. Al also uncovered massive real estate fraud on the property which the Obamas bought with Tony Rezko's help. Apparently, the property has had six Property Identification Number (PIN) changes in the deed in the last 6-7 years. PIN numbers never change, even when the property changes to new owners. Changing the PIN is illegal.

Al voted for Barack Obama, so his opinion of Obama has been utterly shattered as a result of his surprise findings.

In these three audio interviews, Al explains the tracing process he followed which led him to discover Obama's fraud. Needless to say, Al is scared, hence the pseudonym. As a result of his findings, Al said Obama should be arrested. In fact, he said anyone else associated with this level of fraud "couldn't make bail."

UPDATE: Skip tracer's personal blog where he writes about his findings.

US Next? Private Pensions Seized In Europe

Stealing Pensions

Editorial

Investor's Business Daily

January 6, 2011

With similar problems for Social Security looming in 2015, it behooves the U.S. to watch this mess — and to avoid repeating it.

Social Security: Europe is trying to dig out of its budget hole by seizing private pensions. It's a last-ditch effort to preserve socialism at the expense of the very assets that would sustain its future growth.

In Hungary, Poland, Bulgaria, Ireland and France, big government, a demographic death spiral and weak tax revenues have left fiscal coffers in trouble. Unwilling to stand up to voters — or rioters — most governments have little taste for doing the right thing: cutting their budgets.

So, they're going after pensions to make up for shortfalls. Public and private pensions co-exist in European countries. In some cases, public ones resemble our own Social Security, stressing budgets.

But instead of privatizing pensions, as Chile did in 1980 — which would have turned these obligations into assets — three former stars of European emerging markets have come up with heavy-handed incentives to turn private savings public. It's a step backward.

Read more . . .