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When Government Collects Money For What They Call Insurance Is It Really Set Aside?

Unemployment Insurance and Employment Discussion

When Government Collects Money For What They Call Insurance Is It Really Set Aside?

Postby chadd » Sun Oct 01, 2017 3:13 pm

No it doesn't get set aside.
The current income is spend on current claims.
It's a giant Ponzi scheme.
Madoff went to prison for doing the exact same thing.
chadd
 
Posts: 524
Joined: Thu Mar 31, 2011 9:38 am

When Government Collects Money For What They Call Insurance Is It Really Set Aside?

Postby Jeric » Mon Oct 02, 2017 8:53 am

It all goes into the system.

And the reason these programs are all broke is because politicians keep borrowing from them to balance the budget.

Nobody ever takes the time to say "Hey maybe we should quit spending money on pointless **** like welfare..."

Ron Paul is the only man in politics with a brain.
Jeric
 
Posts: 55
Joined: Wed Jan 01, 2014 2:00 am


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