Dorcas Hardy Quote - Liberty Quotes Blog

"There is no prospect that today's younger workers will receive all
the Social Security and Medicare benefits currently promised them."

by:	Dorcas Hardy former Social Security Commissioner and author of "Social Insecurity"
Source:	quoted in the December 1995 Reader's Digest.�
Rating:
Categories:	Economics, Fed, IRS, Money, Taxation
	Tweet

Reader comments about this quote:

Here lies the problem - it's not a matter of the program it's a matter how the program is administered. If all the funds that are contributed to SS and Medicare benefits AND left alone without encroachment AND allowed to grow with interest, like any savings (which this should be), AND to redirect our priorities that allow for national pride from industry and commerce, then there would be no problem with these two programs. We steal from these programs to pay for wars, incompetent banks, the Federal Reserve, and tax breaks for corporate America (using the defunct Ragan policy of trickle-down economics). The problem with SS and Medicare is not the program or idea but its administration - we need a Manhattan project that will come up with ideas to totally reorganize these systems. -- RobertSRQ
EVERYONE is wrong! Social Security payments are IMAGINARY when all that we have in banks is numbers AND the Fed said their system of plunder "works only with credit. Credit exists ONLY in your imagination. The reason that we make no progress towards freedom, the Fed's system is just too simple for many to comprehend, Taxation is an illusion that regulates the ratio of production to consumption. In 1920, Keynes wrote: "If governments should refrain from regulation, the worthlessness of the money becomes apparent and the fraud upon the public can be concealed no longer."-- The Economic Consequences of the Peace. The Fed did not fib and Keyhes did not kid! The following link has no advertizing. www.morpix.biz/dc Please get it to many -- Anonymous
Anon- I think, in here, we're all aware that the money isn't real. But what passes for money / debt is based on our slave labor. But keep spreading the message, its a good one. -- J Carlton, Calgary
We don't need a Manhattan project to reorganize these systems -- we need to return to a reality-based monetary system. If we had two forms of currency, one cash (i.e. gold, silver, platinum, etc,), one credit (i.e. promissory notes, interest-bearing, inflationary, fiat currency), we could balance our savings with hard and soft currencies. AND if the credit currency were issued by a 'Fed' that was wholly owned by the People, the profits of which would pay for EVERYTHING. But power corrupts, and the republic cannot long survive once the People vote themselves the money from the Treasury, hence, it is democracy that has corrupted and bankrupted this country. -- E Archer, NYC
Agreed as long as we have guys like Reagan and Bushes running things. Their is more than enough money to do anything we want to do in this country. All we need is politcal will. -- Waffler, Smith, Arkansas
We can only dream of endless Reagans in office. Oh if it could only be true. Quote is only stating the obvious. -- warren, olathe

Bio of Dorcas Hardy
More Dorcas Hardy Quotes
Books by or about Dorcas Hardy
Dorcas Hardy Videos
Wikipedia
This Dorcas Hardy quote is found in these quote Categories:
Economics Quotes
Fed Quotes
IRS Quotes
Money Quotes
Taxation Quotes

Quotes & Quotations - Send This Quote to a Friend

© 1998-2025 Liberty-Tree.ca