Is the Middle Class Gone?

When you read the news of the day, and a big story confirms one of your biggest fears, the temptation to panic is great.  Today that happened for me.  Take a look at some of the  numbers released from the Social Security Administration today. You can find the report that the Social Security Administration just released right here.  The following are some of the numbers that really stood out for me… -38 percent of all American workers made less than $20,000 last year. -51 percent of all Read more […]

Social Security Admits It Can’t Meet Its Obligations

It actually wrote about it in its letter assuring people about their Social Security benefits. In my opinion, people are affected by the size and seeming grandeur of the United States, including its government, in the same way passengers were affected by the size and grandeur of the Titanic. No matter how big the approaching ice berg is, they simply cannot believe the ship can sink. But it will sink like a stone. Myra Adams writes in the National Review about receiving her Social Security Read more […]

Only Big Government Makes Increased Longevity into Bad News

Because human longevity is improving in the United States, the Social Security Trust Fund is going to run out of money sooner than expected. Why should it be a financial and economic disaster for the United States that people are living longer? One word: pensions.  Our nation’s pension is known as “Social Security.” CNBC reports, “Social Security’s in worse shape than you thought: Study.” The Social Security Administration projects that its trust funds will be depleted by 2033—not Read more […]

Over a Half Million Illegal Aliens Have Social Security Numbers

These illegal aliens qualify for social security, including social security disability benefits. CNS News reports on the Obama White House: “Administration Gave Social Security Numbers to 541,000 Illegal Aliens.” Social Security numbers (SSNs) were given to 541,000 illegal aliens, according to Carolyn Colvin, acting commissioner of the Social Security Administration (SSA). In a March 12 letter, Sen. Jeff Sessions (R-AL) had asked SSA: “How many individuals have applied for SSNs as a result Read more […]

Not Speaking English is a Social Security Disability?

Over two hundred Puerto Ricans were granted Social Security disability status because they claimed they could not speak English. I missed this story last week, but it deserves some outrage even at this late date. The Washington Post reports that the Social Security Administration has realized that it makes no sense to grant “disability” status to Puerto Ricans: “Puerto Ricans who can’t speak English qualify as disabled for Social Security.” Hundreds of Puerto Rico’s residents qualified Read more […]

Mainstream Economist: Retirement is History

You probably knew already that retirement was over, but it is worth noting that a liberal economist is admitting it. Of course, she doesn’t hold herself or the institution where she once worked (the Federal Reserve system) in any way responsible for the mess. From the Boston Globe: “A warning on realities of work, retirement.” Alicia Munnell has never been one to sugarcoat her opinions. As a top economist at the Federal Reserve Bank of Boston in 1991, she shook up the New England Read more […]

Jesus on Elder Care

With Social Security doomed, Jesus’ words on elder care are especially relevant to Christians today. Thursday is Thanksgiving, a time when traditionally families come together for a meal and hopefully to enjoy one another’s company. However, some financial analysts are predicting a war, here on the ground in America; a financial war between the generations, a war over how to pay, or even if to pay for the promises that have been made. It is “a showdown looming between the young and the Read more […]

Mexican Billionaire Predicts Three-Day Work Week. Why?

Why do our elites want a three-day work week? Bait and switch? Social Security bailout? Other? God said that we should rest one day and labor six days (for awhile this was expressed in the opposite order, but Jesus’ resurrection brought many changes to the cosmos). Carlos Slim, the Mexican Billionaire, wants us to believe he is more generous than God—he wants a three-day work week. CNN Money reports on this without a trace of skepticism or even independence of mind: “Carlos Slim: Read more […]

Senator Tom Coburn: We Are Engaging in Disability Fraud

The Republican Senator’s testimony should surprise no one. It has been obvious for years that we are experiencing widespread disability fraud. The government has been happy to look the other way while people claim to be disabled. According to CNS News:  “Something has to change in terms of the enforcement of our laws and the rule of law if, in fact, we’re going to change the Social Security system,” Coburn said. “We keep putting people on disability who are not truly disabled and Read more […]

CNN Whitewashes Congress, Dems; Pretends Government Creates Wealth

The CNN headline is, “Mostly ignored, shifts emerge in the politics of poverty.” The reason they are ignored is because they don’t exist. CNN’s “reporting” is almost exclusively advocacy. The story is trying to create “shifts” under the guise of reporting on them. The first thing we need to get clear is that Congress is almost half made up of millionaires, many of them multi-millionaires. Both Republicans and Democrats are among the super rich—though there is evidence that the Read more […]

Give The Devil His Due: Dems Were Brilliant To Temporarily Extend Jobless Benefits

As the Obamacare implosion continues, liberals are desperate to find something else to get voter attention and for which they can blame Republicans. Cue Huffington Post: An overwhelming majority of voters are opposed to cutting off extended jobless benefits for the unemployed, a poll revealed on Monday. The left-leaning Public Policy Polling surveyed voters in four key congressional districts, as well as House Speaker John Boehner’s (R-Ohio) district, to gauge support for extending unemployment Read more […]

A Reminder The US Will Never Pay Off Its Debt

From the Rare blog: Your share of the national debt is now $1.1 million Each U.S. taxpayer now has a federal-debt liability of $1.1 million, and rising. Remember that when President Obama boasts that the federal deficit—the shortfall between annual revenues and spending—is declining. Of course, the primary reason for the decline is the sequester, which was his idea but now adamantly opposes. The public tends to focus on the total national debt, which just passed the $17 trillion mark—up Read more […]