Accounting Critic Says Biggest Problem
Facing Social Security, Medicare
Are Trillions in Unfunded Debts
Posted By: Heil Liberals, 9/2/2021 2:14:02 PM
Social Security and Medicare trust funds are in dire financial condition due to rising benefit costs, but the biggest problem facing the two largest federal entitlement programs is how they are funded, according to a non-profit that advocates greater government transparency and accountability. “Our bottom line is the trust funds are all a shell game, there is no money in the trust funds. As [former U.S. Comptroller-General] David Walker says, trust funds have no funds and should be distrusted,” Truth in Accounting (TIA) President Sheila Weinberg told The Epoch Times Thursday.
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Social Security and Medicare trust funds are in dire financial condition due to rising benefit costs, but the biggest problem facing the two largest federal entitlement programs is how they are funded, according to a non-profit that advocates greater government transparency and accountability.
“Our bottom line is the trust funds are all a shell game, there is no money in the trust funds. As [former U.S. Comptroller-General] David Walker says, trust funds have no funds and should be distrusted,” Truth in Accounting (TIA) President Sheila Weinberg told The Epoch Times Thursday.
The announcement yesterday by the U.S. Food and Drug Administration that it has granted full approval to Pfizer for its Covid-19 vaccine is not surprising to many people who have been watching all of the Operation Warp Speed fast-tracking, moving of barriers, and rule-bending for vaccine makers. Here are 10 reasons why the FDA “gold standard” stamp of approval doesn’t mean anything about protecting citizens’ health and safety but has everything to do with erasing liability and giving governments and businesses the gumption to coerce injections on employees and consumers.
Tom T. Hall, a Country Music Hall of Fame artist who wrote unassuming songs with distinct depth, died Friday at age 85.
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In 2018, Diplomats Warned of Risky Coronavirus Experiments in a Wuhan Lab. No One Listened.
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On January 15, in its last days, President Donald Trump’s State Department put out a statement with serious claims about the origins of the Covid-19 pandemic. The statement said the U.S. intelligence community had evidence that several researchers at the Wuhan Institute of Virology laboratory were sick with Covid-like symptoms in autumn 2019—implying the Chinese government had hidden crucial information about the outbreak for months—and that the WIV lab, despite “presenting itself as a civilian institution,” was conducting secret research projects with the Chinese military. The State Department alleged a Chinese government cover-up and asserted that “Beijing continues today to withhold vital information that scientists need to protect
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The American Medical Association (AMA) is calling for the "immediate end" to the use of ivermectin to treat COVID-19, and for doctors to stop prescribing it for that purpose, amid a spike in the use of the drug.
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The U.S. military may work with the Taliban terrorist group in the future, the military’s top officer said Wednesday.
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In the tweet below, fellow antifa stains bemoan
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Comments:
For decades, government has refused to deal with the $200 trillion gorilla in the room. Social Security (a Ponzi scheme) and Medicare (promise more than you take in to cover) were virtually designed to bankrupt our nation. How will the "problem" be "sovled?" Monetize the debt, just like They are doing right now.