Thursday, April 19, 2012

Sheltered Corporations and Broken Promises (SS & Medicare)

DON'T MESS WITH OUR SENIORS

AFTER A WORKING LIFE OF FORTY-FIVE YEARS: 
We are the first generation to whom a promise was made. Believing in that promise of Social Security and Medicare, we paid into the fund our entire working lives. It was our understanding from the enabling legislation, that Social Security was meant to be an insurance policy, or a safety net...that when you reached retirement age, your threshold pension would never fall below a reasonable standard of living. However, it never should have been an automatic entitlement...it is simply an insurance policy in the event that you are not able to maintain a basic standard of living through other pensions and compensations. 

Unfortunately, Social Security has become nothing more than a slush fund for the wealthy. Fraud at the very top levels of government is ignored while they steal from the fund that has been pilfered from the very beginning. 


The cycle of fraud includes, Shell Corporations. (A corporation with few, if any assets and created for the sole purpose of scamming people without personal risk.) "The corporation did it" and the principals hide behind the corporate veil.
They simply claim bankruptcy and move on to their next scam. 
They have closets full of shell corporations and our government loves them. 
They keep our federal bankruptcy courts filled and the system profits at the expense of the Moms & Pops! 
They further drive the middle class into poverty while law enforcement protects the thieves from prosecution. 

They hide in the closet of sheltered corporations along with the politicians who accept their bribes.

No comments:

Post a Comment