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Saturday, January 21, 2012

Social Security - Where Did It Come From?

Now, I've always been told that Social Security was intended to be a supplemental retirement plan. Just 5 years after it was implemented, it is clear that it was intended as a welfare trough.

http://www.newspaperarchive.com/SiteMap/FreePdfPreview.aspx?img=103256842 THREE BILLION PAID IN BENEFITS WASHINGTON, Aug. 12. (£>)

The government's social security program, five years old this week, has distributed $3,000,000,000 to the nation's aged and unemployed workers, and to widows, orphans and the blind.

In advance of its anniversary Wednesday, the social security board summarized its vast operations to show that some 50,000,000 workers had been enrolled in the program since President Roosevelt signed the act in 1935.

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