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Posts Tagged ‘Social Security’


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Decoding the Future for Social Security


Friday July 28th, 2017   •   Posted by Craig Eyermann at 5:47am PDT   •   0 Comments

Social Security’s Trustees have released their annual report for 2017, which updates their view of the fiscal health of the single largest government program in the United States. To provide some sense of scale, the program paid out $922 billion to 61 million Americans in 2016, for an average benefit of over $15,000 per…
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Boomers Beware SS BS


Tuesday December 27th, 2016   •   Posted by K. Lloyd Billingsley at 9:36am PST   •   0 Comments

Shortly before the holiday season, the Social Security Administration sent out an official letter titled “Important Information.” If you are now at the full retirement age of 66 or older, the letter says, “you may keep all of your benefits no matter how much you earn.” That kind of generosity is hard to top,…
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Inside a Bad Debt Deal


Tuesday October 27th, 2015   •   Posted by Craig Eyermann at 10:15pm PDT   •   0 Comments

In 2011, U.S. House of Representatives Speaker John Boehner realized the most significant achievement of his entire career in the U.S. Congress when he reached a deal with the White House to restrain the growth of U.S. government spending: the Budget Control Act of 2011. Here, using the leverage of the threat of not…
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Federal Double Standard on Debt


Monday January 26th, 2015   •   Posted by K. Lloyd Billingsley at 5:09am PST   •   1 Comment

“People who owe old debts to the Social Security Administration are getting a reprieve this tax season,” explains Fox News. “The federal government won’t be seizing their tax refunds.” Before anybody starts celebrating, that requires some clarification. As we noted, the “debts” in question are highly dubious. Mary Grice, now 58, was four years…
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Social Security Scrooge Abuses Children


Wednesday December 24th, 2014   •   Posted by K. Lloyd Billingsley at 5:37am PST   •   2 Comments

As we have noted, the federal Social Security Administration has not been hesitant to hand out money to old Nazis, or to the dead. But as Mark Fisher of the Washington Post confirms, Social Security bosses are now mounting a surge to grab money “from the children of people who were allegedly overpaid benefits…
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Social Security Reform Needs More than De-Nazification


Wednesday December 17th, 2014   •   Posted by K. Lloyd Billingsley at 5:46am PST   •   2 Comments

As we noted, the U.S Social Security system has been sending millions of taxpayer dollars to former Nazis, including death-camp guards and members of the SS. Congress has responded with the No Social Security for Nazis Act. The Social Security Administration has also dished out some $30 million to at least 1,546 dead people,…
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Social Security for Nazis


Monday October 27th, 2014   •   Posted by K. Lloyd Billingsley at 5:18am PDT   •   4 Comments

David Rising, Randy Herchaft, and Richard Lardner of the Associated Press have discovered that a small group of ex-Nazis, including death-camp guards and SS soldiers, are drawing America Social Security payments to the tune of more than $1.5 million. According to the AP, the U.S. government allowed the suspected war criminals to continue collecting…
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Government Generational Money Grab


Wednesday April 16th, 2014   •   Posted by K. Lloyd Billingsley at 5:05am PDT   •   0 Comments

As we have noted, the IRS targets supporters of limited government, calls it “horrible customer service,” and resists inquiry. The IRS also does a poor job combatting fraud, and sends out more than $3 billion to identity thieves. The Social Security Administration has paid out more than $30 million to at least 1,546 dead…
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Feds Enforce Poverty, Impose Double Standards


Thursday August 30th, 2012   •   Posted by K. Lloyd Billingsley at 4:35pm PDT   •   4 Comments

National unemployment is more than 8 percent and 10.7 percent in California. In these conditions many baby boomers, especially those whose unemployment benefits have run out, have opted to take Social Security at age 62. They may find themselves facing federally enforced poverty. The Social Security monthly payout at 62 is substantially less than…
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Nearly Half of Americans Receive Government Funding


Thursday January 19th, 2012   •   Posted by David Theroux at 10:59pm PST   •   10 Comments

In an article in the Wall Street Journal, Sara Murray reports that “Nearly Half of U.S Lives in Household Receiving Government Benefits.” The pool of Americans relying on government benefits rose to record highs last year as an increasing share of families tapped aid in a weak economy. Some 48.6% of the population lived…
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