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| Web Sites |
For Our Grandchildren
"The mission of For Our Grandchildren is to educate the American people concerning the urgent need for Social Security reform and the reform choices available, and to ensure an honest and open debate of the facts." |
Project on Social Security Choice
"[Launched on] August 14, 1995 [by] the Cato Institute ... The objective of the project is to formulate a viable blueprint allowing individuals the opportunity of owning their own retirement account." |
| Articles |
Don’t Privatize Plunder, by Anthony Gregory, 22 Sep 2004
"That's three fourths of every typical worker's Monday, spent working for a fraudulent system inherited from Otto von Bismarck. ... Social Security is 'regressive,' in that the poor pay proportionately more, or, at least, more than the super rich, whose payroll taxes are capped at a certain amount. ..." |
Ending Social Security: Part 1, by Michael S. Rozeff, 10 Aug 2006
"Uncle Sam is a terrible and fraudulent investment advisor who has done the American public a huge disservice by forcing them into this poor investment, making them believe that money was invested in assets, and counseling and assuring them that Social Security would always be there for them. Uncle Sam can't keep this promise except by continual theft from new workers." |
Ending Social Security: Part 2, by Michael S. Rozeff, 11 Aug 2006
"Two types of termination are discussed below. One is an end to the program in which it stops taxing payers and also stops paying benefits. As impolitic and extreme as this may seem, thinking about it is useful because it shows us that even this course is feasible and we see what is involved in a less radical phasing out." |
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How We Privatized Social Security in Chile, by José Piñera, The Freeman: Ideas on Liberty, Jul 1997
Related Topic: Chile
"... we continued paying the elderly who had become dependent ... we offered every worker the freedom to stay in the government-run system at his own risk. ... we required new entrants to the labor force to join the pension savings account system, because we believed it was irresponsible to go on burdening our children and grandchildren with an unfunded debt. " |
Morality and Social Security, by Rev. Robert A. Sirico, Freedom Daily, Dec 1999
"Just as parents care for their young now, it was once well understood that the middle-aged have a moral responsibility to care for their aging parents. ... Social Security has gone a long way toward severing those ties ... Social Security has also contributed to the crowding out of private charity ..." |
Reform Social Security ... or Repeal It?, by Jacob G. Hornberger, Freedom Daily, Jul 2000
"What would happen if Social Security were repealed? Many retired people would get along fine because they don't need the money. ... For the first 150 years ... the American people rejected Social Security ... believing that individuals should be free to make their own choices in life and having faith that most people care about others." |
Social Security Has to Go, by Sheldon Richman, Freedom Daily, Jan 1998
"The Social Security "trust fund" has nothing in it but bonds that need not be repaid and that can only be paid by additional taxation. ... When the surplus is gone, the fraud will be exposed. ... The government makes it look like an employer contribution to keep you from getting mad." |
The Coming Financial Collapse of Social Security, by Peter J. Ferrara, The Freeman: Ideas on Liberty, Nov 1993
"Social Security ... fundamentally operates on a pay-as-you-go basis. The tax payments of current taxpayers are not saved and invested to finance their own future benefits. Rather, most current tax payments are immediately paid out to finance the benefits for current retirees." |
The Immorality of Social Security, by John Attarian, The Freeman: Ideas on Liberty, Jan 1995
"Understanding Social Security doesn't tell them about Flemming v. Nestor, the 1960 Supreme Court decision by which the wife of a deported Communist lost her benefits, even though her husband had paid Social Security taxes. ... it will be vital that the public realize just how morally flawed Social Security really is." |
The Repeal of Social Security, by Jacob G. Hornberger, Freedom Daily, Nov 1995
"... the proponents of control, central planning, and socialism ... can never overcome one basic moral principle: Stealing is stealing, regardless of the label placed upon it. ... the advocate of liberty must not assist the advocate of socialism with "free-market proposals" to save socialism." |
The Social Security Fraud, by Sheldon Richman, Freedom Daily, Sep 2001
"Treasury Secretary Paul O’Neill ... had the temerity to say that the Social Security Trust Fund has no tangible assets. ... O’Neill is right. The Trust Fund is a figment of our collective imagination. ... From the start, Social Security propagandists wanted us to think that the money we 'contribute' is put away for us individually ..." |
Track Work, by Jacob Sullum, Reason, 19 Jun 2001
"Social Security, which forces relatively poor workers to subsidize relatively affluent retirees, is not a fair system, and any attempt to fix it--or, better yet, dismantle it--will not be entirely fair either. Yet we need to start talking about how the suffering should be distributed." |
Uncle Sam’s Retirement Scam, by Doug Bandow, The Freeman: Ideas on Liberty, Jan 2002
"... Ponzi schemes succeed for only a limited time. When Franklin Roosevelt was posing as the savior of the elderly, almost half the people died before collecting their first check. ... countries ranging from Chile to Britain to Sweden to Australia have moved or begun to move to fully funded private pension programs ..." |
George W. Bush's Nixonomics, by Gregory Bresiger, Mises.org Daily Article, 22 May 2006
Related Topics: Richard M. Nixon, George W. Bush, Gold Standard
"... controls went along with another series of measures that included the expansion of Social Security — in time for the increased payment notices to go out to recipients just before the election — without any projection of what it would cost ... along with a left-liberal Congress, Nixon greatly increased Social Security benefits." |
Interview with Gary Becker, The Region, Jun 2002
Related Topics: Gary S. Becker
Federal Reserve Bank of Minneapolis Banking and Policy Issues Magazine
"The present Social Security system is a mixture of an annuity and redistribution system. The redistribution system discourages many people from working at older ages when they are healthy enough and would want to continue working. Social Security gives them an incentive not to work because they are taxed so heavily on their earnings." |
Lies and Leviathan, by James Bovard, Freedom Daily, Aug 2006
Related Topics: Government
"Social Security is the single largest government aid program and the big lie of domestic politics. From the start, the Roosevelt administration deceived Americans about the nature of the program. People were endlessly told that it was an insurance program that would give them vested rights akin to a private contract." |
| Cartoons |
| ... and I also believe that with a few little adjustments, Social Security will ..., by Chuck Asay, 18 Aug 2005 |
| Social Security Jenga, by Steve Sack, 22 Oct 2007 |
| Two for One, by Chip Bok, 22 Feb 2005 |
