2010: Social Security Will Pay Out More Than Brings In!

The greatest ponzi scheme in history is about to topple.  The warning signs have been there for years but because it’s an issue that politicians can ill-afford to touch without losing votes, everybody has refused to do anything about it.  Now, reports are out that this will be the first year that Social Security will be in the Red– paying out than it will be getting in payroll taxes.

The Washington Times Reports:

Social Security will pay out more this year than it gets in payroll taxes, marking the first time since the program will be in the red since it was overhauled in 1983, according to the annual authoritative report released Thursday by the program’s actuary.

About The Author: Brittany Pounders is a conservative political commentator, blogger, and freelancer. She is a frequent guest columnist for The Toronto Sun, and can be heard through many different radio and media outlets such as The Blaze Radio Network, The Chris Salcedo Show, The Ed Dean Radio Show, has appeared on The Glenn Beck Show and regularly on cable news channels, including NewsmaxTv, One America News Network, America Trends, and the Fox News with Neil Cavuto. She resides in Texas with her husband and is raising three of the finest little people in the world. Follow her on… Facebook or @LibertyBritt