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OMG people, get it right!

OMG people, get it right! | TRUE THINGS ABOUT "SOCIAL SECURITY" IT IS A PONZI SCHEME (NEW "INVESTORS" PAY OFF OLD INVESTORS). THE "RETIREMENT AGE" IS CHANGED SO THAT MOST PEOPLE DIE BEFORE THEY CAN COLLECT. SS IS NOT AN INVESTMENT, BECAUSE YOUR CHILDREN CANNOT INHERIT IT. FALSE STATEMENTS: A) CONGRESS BORROWED THE MONEY. SS BUYS US TREASURY BONDS AND THE MONEY IS ADDED TO THE GENERAL FUND. THAT IS THE PURPOSE OF US TREASURY BONDS. B) CONGRESS DOESN'T REPAY WHAT THEY BORROWED. WHENEVER THE BONDS COME DUE, CONGRESS REPAYS WITH INTEREST. HATE SS FOR THE RIGHT REASONS. PASS IT ON. | image tagged in memes,waiting skeleton,social security,social insecurity | made w/ Imgflip meme maker
754 views • Made by achristos 6 years ago in fun
memeswaiting skeletonsocial securitysocial insecurity
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1 Comment
Col.Jack.Ripper
0 ups, 5y
They repay by borrowing new money, once they cannot borrow anymore money the system will fail.
Waiting Skeleton memeCaption this Meme
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IMAGE DESCRIPTION:
TRUE THINGS ABOUT "SOCIAL SECURITY" IT IS A PONZI SCHEME (NEW "INVESTORS" PAY OFF OLD INVESTORS). THE "RETIREMENT AGE" IS CHANGED SO THAT MOST PEOPLE DIE BEFORE THEY CAN COLLECT. SS IS NOT AN INVESTMENT, BECAUSE YOUR CHILDREN CANNOT INHERIT IT. FALSE STATEMENTS: A) CONGRESS BORROWED THE MONEY. SS BUYS US TREASURY BONDS AND THE MONEY IS ADDED TO THE GENERAL FUND. THAT IS THE PURPOSE OF US TREASURY BONDS. B) CONGRESS DOESN'T REPAY WHAT THEY BORROWED. WHENEVER THE BONDS COME DUE, CONGRESS REPAYS WITH INTEREST. HATE SS FOR THE RIGHT REASONS. PASS IT ON.