SOCIAL SECURITY PONZI SCHEME
Social Security is neither social nor secure. It's not social because its compulsory and it's not secure because its not social. Yet they call it Social Security.
Social security is nothing more than the young paying for the old, their wages garnered by theft. The Law is -- Thou shall not steal -- but that does not apply to the Federal Government. Social Security is the world's biggest Ponzi Scheme and as with all Ponzi Schemes it will ultimately collapse. Started as a "something for nothing" political idea in 1934, the first few million essentially reaped the benefits without paying essentially anything into the system. My grandfather was one of those. He paid in for a few months and then received payments for at least a decade. Decades later, both employers and companies have paid and paid with no gurarantee of ever receiving any benefits. Those who died before 62 certainly received nothing. The benefits of socialism -- promises, promises. Ironically now it is referred to as a "Federal Benefit Payment".
The best book on this subject is, "The Social Security Swindle" by Irwin Schiff (1984). It needs to be mentioned that Irwin Schiff, 87, died in Federal Prison in Ft. Worth Texas on October 16, 2015. He was blind and chained to his bed. This is the treatment political prisoners receive for writing books and telling the truth. Schiff's book did not mention the seminal case of Flemming v. Nestor, 363 US 603 (1960).
Flemming v. Nestor, 363 U.S. 603 (1960), was a United States Supreme Court case in which the Court upheld the constitutionality of Section 1104 of the 1935 Social Security Act. In this Section, Congress reserved to itself the power to amend and revise the schedule of benefits. You have no rights to Social Security whether you know it or not. You are only entitled to what Congress on any particular day says what you should receive.
I predict that ultimately in an attempt to prevent a financial collapse, that the government will just reduce Social Security benefits, possibly to zero, as what are old people going to do about it.
Flemming v. Nestor 363 U.S. 603 (1960)
Ephram Nestor challenged Section 1104 of the Social Security Act after he was denied Social Security payments as a deported member of the Communist Party. He argued that a contract existed between himself and the United States government, since he had paid into the system for 19 years.
Nestor, an alien, became eligible for Social Security payments in 1955. In July 1956 he was deported for having been a member of the Communist Party from 1933 to 1939. Section 202(n) of the Social Security Act provided for the termination of Social Security payments when an alien is deported for being a member of the Communist Party.
The Court ruled that no such contract exists, and that there is no contractual right to receive Social Security payments. Payments due under Social Security are not “property” rights and are not protected by the Takings Clause of the Fifth Amendment. The interest of a beneficiary of Social Security is protected only by the Due Process Clause. I guess your salary is not your property either yet the government steals it.
Under Due Process Clause analysis, government action is valid unless it is patently arbitrary and utterly lacking in rational justification. This provision of §202(n) is not irrational; it could have been justified by the desire to increase the purchasing power of those living in America, because those living abroad would not spend their payments here.
Ephram Nestor challenged Section 1104 after he was denied Social Security payments as a deported member of the Communist Party. He argued that a contract existed between himself and the United States government, since he had paid into the system for 19 years.
Nestor, an alien, became eligible for Social Security payments in 1955. In July 1956 Nestor was deported for having been a member of the Communist Party from 1933 to 1939. Section 202(n) of the Social Security Act provided for the termination of Social Security payments when an alien is deported for being a member of the Communist Party. So much for being secure.
Social Security Numbers
Another great government lie is that there exists a thing called Social Security Numbers. So called numbers typically have the form of 123-45-6789, an allegedly a 9 digit number. Nothing could be more false. Can you add or subtract two Social Security Numbers (SSN) together? How about multipling or dividing? Now if you are really good take the square root of "your" or anyone else's number and tell me what you get?
If you "have" a Social Security number, please tell me where it is located, how much it weighs, what color and size it is etc. How hoodwinked can the American people be? No you don't have a number the government has millions of identifiers.
The SSN is not a number but an identifier, pure and simple. It is your alter ego. Now the IRDS uses thephrase "Taxpaer Identification Number" well at least they are starting to tell the truth as there is no social nor security involved. Social Security Cards till 1972 had the phrase "NOT FOR IDENTIFICATION" well that has all changed now. George Orwell said that big brother is watching you and the main microscope in this effort is the Social Security Number.
The first Social Security cards were issued starting in 1936, they did not have this legend. Beginning with the sixth design version of the card, issued starting in 1946, SSA added a legend to the bottom of the card reading "FOR SOCIAL SECURITY PURPOSES -- NOT FOR IDENTIFICATION." This legend was removed as part of the design changes for the 18th version of the card, issued beginning in 1972. The legend has not been on any new cards issued since 1972. When I was a kid the idea of the Social Security Card or number being used for identification was absolutely unheard of. Well regardless of any reports to the contrary, George Orwell is alive and well and BIG BROTHER IS STILL WATCHING YOU.