All Posts Tagged With: "retirement"

Social Security Can Be Good for Your Health

Until recently I took every opportunity to inform my students about the financial fraud of Social Security. Given demographic realities and the Ponzi-scheme nature of Social Security, those about to enter the work force will receive an anemic return on their “investment,” assuming they receive any return at all. They would be far better off, [...]

1Mar1998 | | 1 comment | Continued

Will Retirement Become a Personal Responsibility?

With Social Security benefits projected to exceed the system’s revenues within 15 years, young Americans are increasingly skeptical that the government will take care of them when they reach their mid-sixties. That’s a healthy development because in a free society, responsibility for one’s retirement is too important to relinquish to the vagaries of politicized programs. [...]

1Dec1997 | | 0 comments | Continued

How We Privatized Social Security in Chile

Social Security is the single largest government program in the United States, spending $350 billion a year—more than the defense budget during the Cold War. The bad news is that Social Security is approaching bankruptcy. It won’t be able to pay all the benefits everybody has been promised. This is because any pay-as-you-go social security [...]

1Jul1997 | | 0 comments | Continued

Government-Mandated Insecurity

Mr. Wilson is a freelance writer in Fairfax, Virginia. As a 22-year-old still paying off college debts, I may seem a bit premature in worrying about my retirement. Then again, how could I not? Every payday, more than 15 percent of my check is siphoned away, ostensibly to ensure that I have an income when [...]

1Apr1997 | | 0 comments | Continued

Restoring Hope in America: The Social Security Solution and Let’s Get Rid of Social Security: How Americans Can Take Charge of Their Own Future

Dr. Attarian is a freelance writer in Ann Arbor, Michigan. Most Americans now realize that when the huge Baby Boom generation retires, supported by a slower-growing Baby Bust taxpaying workforce, Social Security will go broke. Proposals are emerging to avert disaster, with most, like those here reviewed, entailing some privatization. National Development Council chairman Sam [...]

1Sep1996 | | 0 comments | Continued

Thielicke on the Modern Welfare State

Mr. Walker is an attorney in private practice in Tallahassee, Florida. Helmut Thielicke was a leading Christian theologian of the post-World War II era. Early in his career, Thielicke was removed from his teaching position at the University of Heidelberg because of his criticism of the Nazi regime. Late in the war, he was allowed [...]

1Aug1996 | | 1 comment | Continued

Rejecting Responsibility

Mr. Madden is an instructor in communication at Mt. Mercy College in Cedar Rapids, Iowa. At a recent family gathering my father and I happened to discuss some of the problems facing Social Security. My 71-year-old dad received partial disability benefits before retiring and also claims veterans’ benefits from a wound he suffered in Europe [...]

1Jul1996 | | 1 comment | Continued

Social Security

Politicians love it because it buys votes and re-elections. They fear it because it may spell defeat and ruin to those who dare to question its meaning and reflect upon its consequences. It raises all kinds of political double-talkers who falter every time it is merely mentioned. Social Security was born of politics as a [...]

1Feb1995 | | 0 comments | Continued
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