Money Talks. Evil walks.

Means Testing Your Social Security Payments – Gary North – Mises Daily:

“The US government has promised more than it can deliver. There will come a point when it will have to renege. It will start at the top of the income brackets and work down. Politicians will seek to delay an across-the-board reduction of payments. But the magnitude of the unfunded liabilities is so vast that Congress will be trapped. It will default in stages, but it will default.”

“The financial world was amazed at Bernie Madoff. How did he fool smart rich people for so long, and for so much money? Simple. He copied Congress.”

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