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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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To donate via Stripe, click here.
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Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
For 2017, total income for the program is projected to exceed cost for the year by $59 billion, and non-interest income is projected to be $27 billion less than program cost for the year. The trustees’ report estimated that the Social Security program faces a $12.5 trillion shortfall over 75 years.
Social security spending tops 1 TRILLION for the first time______(above chart)
BFD, the Pentagon lost twice that amount before 9/11 and it was announced on 9/10/2001. I don’t think it was ever found and NOBODY has been held accountable. Money is created out of thin air for everything else including Israhell who also get that much or more SO NO BIGGY.
Yeah, chump change compared to the 21 trillion that is MIA:
Ya think someone would notice? Or care?
“At this point, what difference does it make”.
And what could possibly go wrong…
Janet Yellen says “changes implemented since 2008 have made the system much safer and much sounder… I think we have a strong banking sector that’s well capitalized and has a lot of liquidity”… (and if bad shit happens) “hopefully, it won’t be in our lifetimes.”
Any body wanna buy some farmland just east of the Keys?
No problem. All they have to do is payout with debased dollars and have BLS rig the CPI to deceive most Americans. At the true inflation rate of ~8%, the payout will be cut by 50% in nine years. And if these dollars don’t buy anything, then you can always burn them for heat as in Weimar Germany.
Wonder what the shortfall was for Welfare, Medicaid, Food Stamps, HUD, Student Loans, Small Business Loans, Job Corps Training, Minority Employer Salary Assistance, Black Colleges Assistance, Urban Community Assistance, Public Schools Assistance, Prisons and Police Assistance etc?
I’m lacing my meals with Alpo slowly to acclimate to the taste of it. Just planning ahead…
Steve,
Make sure your acclimation/training/meal time is done while sitting in the dark…to paraphrase an old military truism: The more you suffer in training…the less you will suffer after rounding the 4th corner…
Does the 61+ million drawing Social Security include or exclude those on Disability, drawing SSI? Anyone know?
I went and read the whole thing… it includes SSI
“The record 61,859,250 Social Security beneficiaries in November, included 45,439,781 retired workers and their dependents; 5,992,862 survivors of deceased workers; and 10,426,607 disabled workers and their dependents.”
Great job, Maggie. I had the feeling that those numbers included a safe place to park a bunch of grifters
Press control/ print and there is no problem. John
I know a guy at work 62. He decided to retire now. Why. So he could get his money out of it while he still could. The common man knows what is coming. And he still works up a point.
Started taking SS at 64. My wife and I actually have a surplus at the end of each month due to being debt free.