social security - Articles 3.0 - Constitution Club - 2020 Vision 4 America2024-03-29T02:25:07Zhttps://constitutionclub.ning.com/articles/feed/tag/social+securityThe Social Security Act of 1935https://constitutionclub.ning.com/articles/the-social-security-act-of-19352021-01-16T13:59:58.000Z2021-01-16T13:59:58.000ZMorton IXhttps://constitutionclub.ning.com/members/MortonIX<div><p style="text-align:left;"><span class="font-size-4">My response to an email from one of our members who reminded me of the debacle that is The Social Security Administration and their evil acts against mankind. I had to remind him what the title said, To whit;</span></p>
<p style="text-align:center;"><strong><span class="font-size-4">The Social Security Act (Act of August 14, 1935) [H. R. 7260]</span></strong></p>
<p style="text-align:center;"><em><span class="font-size-4">"An act to <strong>provide</strong> for the general <strong>welfare</strong> by establishing a system of Federal old-age <strong>benefits</strong>, and by enabling the several States to make more adequate,</span></em> <span class="font-size-4">(define adequate),</span> <em><span class="font-size-4"><strong>provision</strong> for aged persons, blind persons, dependent and crippled children, maternal and child welfare, public health, and the administration of their <strong>unemployment</strong> compensation <strong>laws</strong>; to establish a Social Security Board; to raise revenue; <strong>and for other purposes.</strong>"</span></em></p>
<div><span class="font-size-4">You see there right in the title Rick; An act of <strong>"Welfare"</strong> establishing <strong>"Benefits"</strong> Your news is not news, it is simply the facts.</span></div>
<div><span class="font-size-4">I especially like the part where it says <em>"And for other purposes."</em></span></div>
<div><span class="font-size-4">Boy does THAT leave the barn door wide open! It's no wonder the accounts are broke. Filled with IOU's is what they are. It's time to sue these bastards for everything they've got. Then take them all straight to jail, where they belong.</span><br /> <span class="font-size-4">I will post this again. Thanks for the inspiration.</span></div>
<div><br /> <span class="font-size-4">BTW, a story I've told people many times; a government set of employees in CA back in the late seventies, early eighties or so, opted out of SSN. They were given the option in their gov't union contract back then, so they opted out. They all now retire with around $9200/mo, ad infinitum. Here's a note for you though. With the same "contributions", SSN would be sending them checks for about $1400/mo. instead, with no guarantee of faithful payment. Can you say FRAUD?</span></div>
<div><br /> <span class="font-size-4">Controlling their own retirement fund as a group, allowed them to "farm it out" to private investment firms on an annual basis to be renewed every Jan. 1st.</span><br /> <span class="font-size-4">The resulting competition in the "Private Market", resulted in them always getting the best deal going, with THEIR best interests in mind or the firm would be fired the following year.</span><br /> <span class="font-size-4">Competition created excellence. The government doesn't HAVE any competition. They are a monopoly. That is what we need to change. Thanks for reminding me.</span></div>
<div><br /> <span class="font-size-4">Morton IX</span></div></div>