NLIC.org

Velma Said:

True or false is Social Security either a insurance, contract or a trust fund?

We Answered:

True
The IMF is the "lender of last resort" for the world banks and the regulator of international exchange rates. Located in Washington DC the Treasury Secretary sits on the board of governors.

They have been commissioned by the US to print the funds. So one could say that the have outsourced that job just like they outsource the regulation of our currency to the Federal Reserve.

Frankly I can't figure out what congress actually does nowadays. There certainly not doing the jobs the Constitution commissioned them to do.

And yes Social Security is a ponzi scheme. The only funds that are paying for the welfare of seniors is the money coming out of your paycheck every week. That is the definition of a ponzi scheme to pay back old investors with the money of new investors. It's simply not a crime because the government is doing it instead of a wall street investor.

It's an empty promise backed by nothing. That's why it's a well known fact that it will bankrupt itself when the baby boomers fully retire. More money will have to be paid to the "old investors" than the "new investors" will be capable of paying in.

Roger Said:

Is the U.S.Government still a colony of the British Government?

We Answered:

SIEG HEIL HITLER.

Linda Said:

30 question skeptic political survey, Do you have a short answer to these theories if you can help me? ?

We Answered:

ok,so what is your point ,some people have known this for several years (and failed to tell us this ,like always ).

Constance Said:

Where does our money for Social Security come from?

We Answered:

SSI is insurance,taxed from your check....however,the money has been borrowed by other government entities,and the fund is no longer self sustaining as intended...