http://www.washtimes.com/national/20060518-114132-2456r.htm
llegals granted Social Security
By Charles Hurt
THE WASHINGTON TIMES
May 19, 2006
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The Senate voted yesterday to allow illegal aliens to collect Social Security benefits based on past illegal employment — even if the job was obtained through forged or stolen documents.
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Another socialist idea bites the dust. Think "Social Security Insurance", Medicare, and its ilk are broke now. Wait until everybody starts to draw.
Seems to me like we need to end the Ponzi scheme NOW!
Those already collecting continue paid by taxes. Those not yet collecting get a Treasury "Recognition Bond" dated for when they will retire. Those that are not yet in the system are on their own.
José Piñera did it in Chile.
http://www.socialsecurity.org/pubs/articles/12-13-04.html
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A defined-benefit system is not only hostage to demographic trends, it also has a fatal flaw: it destroys the link between individual contributions and benefits, or, in other words, between personal effort and reward.
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You think that is harsh? Just remember that when the Titanic went down more First Class Men were saved than Third Class children. It's a tough world out there. Survival of the fitest. We make things harder on ourselves than it has to be when we delude ourselves into thinking Mommy Government will take care of us or Father State will protect us. Want to be secure in your old age? Save your own gold coins. What protection? Protect yourself and your neighbors.
Anything else is delusional!
We need to get out from under the Socialist Ponzi scheme deliberately misnamed "Social Security Insurance" before it sinks us as a people.
Reinke Faces Life 