Entitlements to Security?
Fake disability claims cost taypayers billions - Washington ...
Nov 16, 2014 - Social Security paid out $2 billion in bogus disability claims approved by 44 administrative law judges over the last seven years, the agency's ...
- When government economists last week predicted an uptick in the nation's health-care ...
- New cholesterol lowering drug much more expensive than statinsFox News - 1 day ago
More news for at what cost cholesterol drugs
In the news
With Merger Deal, Aetna, Humana Get Ahead of the Pack ...
Jul 6, 2015 - In the game of merger musical chairs the nation's five biggest health insurers have been playing lately, Aetna and Humana hustled to grab the ...
Aetna Agrees to Buy Humana for $34.1 Billion - WSJ
Jul 3, 2015 - Aetna agreed to buy Humana for $34.1 billion, following weeks of frenziedmerger talks among large health insurers. Deal would add to Aetna's ...
Aetna-Humana Merger May Never Be Consummated ...
online.barrons.com/.../aetna-humana-merger-may-never-be-consu...
Jul 6, 2015 - Wall Street is worried that antitrust concerns may prevent Aetna from completing its proposed acquisition of competitor Humana. The market's ...
Barron's
Aetna's Humana Deal Pressures Cigna to Agree on Anthem ...
Jul 5, 2015 - With Aetna Inc. and Humana Inc. pairing off, pressure is mounting ... But after the acquisition announced Friday, their options just got narrower.
Entitlements to Security?
Those are just a few examples among the many
I could have cited.
because when they're handing out money
everyone gets excited--
and feels invited.
But what once was there
before all rushed to feed fed at the trough
may well later disappear
and then things could get really tough
for those working now
if their retirement dream
becomes a sad vaudeville show
or economic Ponzi scheme.
Right now this seems to be in dispute
which I'm not enough of a scholar
to either affirm or refute,
but with all this hustling for the dollar
I'm more than a bit suspicious
that those entitlements could become a joke
and the outcome vicious
if and when our Federal government goes broke.
hzl
8/7/15
Social Security is Much Worse Than a Ponzi Scheme - Forbes
Sep 27, 2011 - Social Security is Much Worse Than a Ponzi Scheme - and Here's How ... one of the most shameful (and popular) of FDR's New Deal schemes.
16 US Cities Facing Bankruptcy If They Don't Make Deep ...
Dec 26, 2010 - 2011 will be the year of the municipal default. At least that's what analysts like Meredith Whitney predict, as do bond investors that have been ...
Nine cities that could soon follow Detroit into bankruptcy ...
Jul 27, 2013 - But one of the driving factors in Detroit's bankruptcy is an ... agency, issued a report identifying 29 municipalities selected for review over concerns of ...Cities on the list for review aren't necessarily facing imminent ... Sure enough, Pew reports Chicago's retiree health benefits are exactly 0 percent funded.
Depletion of the Medicare and Social Security trust funds does not mean that all benefits would stop. At the current rate of payroll tax collections, Medicare would be able to pay about 85 percent of costs in 2030, declining to 75 percent by 2050.
Social Security would be able to pay about 80 percent of disability benefits starting in "late 2016,'' the Treasury Department said in a statement. In 2033, the Social Security program would only have money to cover about three-quarters of the pensions that it pays, Treasury said.
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