What number of occasions have politicians stood earlier than the American individuals claiming Social Safety is “operating out of cash?” That’s the largest fraud of all. I’ve mentioned for many years that Social Safety is nothing greater than a Ponzi scheme. Your payroll taxes should not sitting safely in an account ready for retirement. They have been spent by Washington years in the past. The so-called Social Safety Belief Fund is stuffed with authorities IOUs, not actual property. Each administration kicked the can down the highway whereas pretending there was a belief fund. There by no means was. They borrowed each dime and spent it on all the pieces besides what staff have been promised.
Now have a look at what has surfaced inside Obamacare. In keeping with Well being and Human Companies Secretary Robert F. Kennedy Jr., multiple million Obamacare enrollments lacked Social Safety numbers. Kennedy said, “The Obamacare market is tormented by fraud largely as a result of the Biden administration dismantled primary program integrity guardrails.” He then requested the query each taxpayer needs to be screaming at Congress: “Why are we paying individuals we don’t know if they really exist?” The administration says it has already eliminated roughly 2.8 million improper enrollments after reviewing eligibility and dealer exercise, but they estimate over a million broker-assisted enrollments have been submitted with out Social Safety numbers. That ought to terrify each American who pays taxes.
Dr. Mehmet Oz uncovered one other layer of the scandal. “A few of these brokers refuse to comply with primary guidelines like offering their shoppers’ Social Safety quantity. That, my buddies, is a large pink flag.” CMS officers say sure brokers enrolled individuals with out their information merely to gather commissions from taxpayers. As soon as once more, Washington’s reply is rarely accountability. Billions disappear, fraud thrives, no person goes to jail, after which politicians return to the microphone demanding extra money from the productive class.
In the meantime, they proceed claiming Social Safety goes broke as a result of Individuals reside too lengthy. Give me a break. In 2025 alone, Social Safety paid roughly $1.6 trillion in advantages to greater than 73 million Individuals. Employees proceed paying 12.4% of wages into the system by means of payroll taxes, but each surplus collected for many years was loaned on to the federal authorities and spent. Right this moment, the Belief Fund holds Treasury securities, guarantees from a authorities already drowning in over $40 trillion of federal debt. They stole from one pocket, stuffed an IOU into the opposite, and now anticipate everybody to fake the cash continues to be there.
That is what governments do once they attain the top of the sovereign debt cycle. They waste trillions abroad, finance infinite wars, develop each paperwork conceivable, tolerate huge fraud, after which have the audacity to inform retirees they have to sacrifice as a result of “the system isn’t sustainable.” No, Washington isn’t sustainable. Social Safety didn’t fail as a result of retirees collected an excessive amount of. It failed as a result of politicians handled staff’ retirement financial savings as their private checking account.
Don’t anticipate this to enhance. Governments by no means admit failure. They at all times search for another person guilty. First, it was the wealthy. Then it was retirees. Tomorrow, it is going to be anybody with financial savings left. As confidence in sovereign debt continues to erode into the following section of this disaster, each entitlement program turns into one other political weapon. The actual disaster has by no means been Social Safety. The actual disaster is a authorities hooked on debt that has spent future generations into oblivion whereas pretending each promise can one way or the other be honored.
