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Thursday, March 10, 2011

Stealing from Social Security to Pay for Wars and Bailouts by Dr. Paul Craig Roberts http://www.globalresearch.ca/index.php?context=va&aid=23612 

What I am about to tell you might come as a shock, but it is the absolute truth, which you can verify for yourself by going online to the government’s annual OASDI and HI reports. According to the official 2010 Social Security reports, between 1984 and 2009 the American people contributed $2 trillion, that is $2,000 billion, more to Social Security and Medicare in payroll taxes than was paid out in benefits. What happened to the surplus $2,000 billion, or $2,000,000,000,000. The government spent it.Over the past quarter century, $2 trillion in Social Security and Medicare revenues have been used to finance wars and pork-barrel projects of the US government.  

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