"Good intentions will always be pleaded for every assumption of authority ... the Constitution was made to guard against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters." - Noah Webster

"There is no worse tyranny than forcing a man to pay for what he does not want just because you think it would be good for him."
-- Robert A. Heinlein

Thursday, November 25, 2010

We Told You So

I remember being laughed at and called an alarmist going back 15 years, when I would say that Social Security was a Ponzi scheme and that the funds weren't really there, meaning that there was no isolated account even remotely called a "trust fund."  Oh sure, there are some ledgers with entries in them that show figures being moved here and there, but there is no real money.

Lo and behold, it has taken about the last five years for mainstream conservatives to find some fortitude to speak up about it in spite of what liberals and leftists might say.

But now, even the left wing NPR has discovered that what true conservatives have always said is actually true, and they are even explaining how it happened and that it's a trainwreck waiting to finally crash.

If a private securities firm, insurance company or stock broker even attempted to do what the SSA has done over the years, they would be tarred and feathered by the media and sentenced to a thousand years in Federal prison.  The house of cards is coming down, and it's coming down soon.

Hat tip to Jaded Haven.

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