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Monday, December 10, 2012

A PUBLIC SERVICE MESSAGE FOR AMERICA'S YOUTH: Here's How You're Being Ripped Off

Ever seen these numbers on your pay stub? The numbers I've highlighted?

That money is being taken from you -- or, more properly, it's being stolen from you -- to fund a myth. A mirage.

You're never going to see a dime of that "Social Security Retirement Insurance" you're paying for.

You'll never a see a nickel of that "Medicare Health Care Insurance" either.

That money is being taken from your pay -- your livelihood -- to fund a system that will be bankrupt in less than a dozen years.

Oh, and it's not me saying that: Medicare’s own actuary, Richard Foster, is. Social Security is in a similar situation,according to Treasury Secretary Timothy F. Geithner, who serves as the system's senior trustee.

Suffice it to say that these systems will actually go broke far sooner than anyone's really admitting because the economy remains poor and appears to be slowing down even further.


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1 comment:

Anonymous said...

With direct deposit I think most people aren't even looking at their pay stubs.