Quote:
Originally Posted by villagegolfer
Social Security is a Ponzi scheme. It was raided during the Johnson Administration to pay for the so-called War on Poverty and VietNam. Basically they wrote I.O.U's that do not have a snow-ball in h*** chance to ever being paid back.
Ladies and Gentlemen, there is no fund sitting there for us to collect. If Johnson and his cronies did not touch it and it was invested properly, you would be very secure in your old age.
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Do you mean that LBJ committed such a theft of S.S. funds in the 6 years he was in office that it could not be repaired by by neither party over the course of 42 years? Or was there a little more Tom Foolerie going on,over the course of many years?