Stephen C. Goss, chief actuary of the Social Security Administration, said that while the Congressional projection would probably be borne out, the change would have no effect on benefits in 2010 and retirees would keep receiving their checks as usual..... Source: New York Times
Let's see if I got this right.
You can give the banksters an estimated 12 to 24 trillion, if necessary, and no Congressperson raises a stink (with the exceptions of Ron Paul, Bernie Sanders, and a few others).
But when Social Security falls short from a major depression that these same banksters created, then the propaganda is that need to curtail or end the program.
This is not even to mention that the cost of the Terror Wars are leading up to a trillion or 2 dollars. Or at least that is what the government will admit to. This is also not to mention the 2 or 3 trillion that the Pentagon lost and can't account for. Moreover, we are not even taking into account the black budget and the other 'defense' related Pentagon costs.
So we are being bombarded by pure propaganda to privatize and destroy what is left of a great social program. This is all done to make the super rich even super richer and to take away what little the people have.
But think about what would have happened had Social Security been privatized and Wall Street would have went bust. The oldsters would be lucky to be able to afford a can of dog food.
I am glad the American Managed Media and the Puppet Politicians have their priorities straight.