Tag Archive for socialist security

Socialist Security Bankrupt – Bailout Required

Socialist Security is finally going in the red after 70 years of hot Ponzi scheme action. Those who got in at the begining made out like bandits, while the government sucked down the excess like Bernie Madoff on a cocaine binge.   The system was doomed the day the government began its Ponzi actions of…

US Authorities Report Demise Of US Imminent

This country is toast. I give it two years tops before the currency detonates. Once the dollar goes, so goes the country. 74 trillion in unfunded Medicare liabilities 10.4 trillion in unfunded Socialist Security liabilities 1.5 quadrillion dollar derivatives market backed entirely by worthless assets Exponential increase of the US money supply in just a…