America’s Phantom: Social Security
Welcome to the new Broadway hit: The Phantom of America, starring America’s debt. The premise of the story is that America, falling just short of $15 trillion in debt, is being…
Social Security Violates Younger Generations’ Property Rights
For young people, Social Security is a misnomer. The generations that follow the Baby Boomers are anything but “secure” in the Social Security program. The premise of Social Security is…
CNN Rates Perry’s “Ponzi Scheme” Remark False Because Social Security Isn’t Illegal
CNN’s best attempt to discredit Presidential candidate Rick Perry’s statement that Social Security is a Ponzi Scheme relies on a legal definition by the Securities and Exchange Commission. Seriously:…
Social Security is a Mandatory Ponzi Scheme
Rick Perry made headlines for calling Social Security a “Ponzi scheme” in last night’s presidential debate. Mitt Romney and statist media sources predictably attacked this position claiming that the insolvent…
Opt Out of Entitlement Programs
Entitlement programs are on the fast track to bankruptcy. Social Security and Medicare—the nation’s two largest entitlement programs—will run out of funds sooner than previously expected. Social Security faces a…
The Entitlement Deficit: America’s Other National Debt
On May 16, 2011, the US public debt once again reached the debt ceiling (the legal cap set by Congress for how much the United States is allowed to borrow).
The Great Debt Ceiling Debate Begins (Get Your Scorecard Here)
The Great Debt Ceiling Debate of 2011 has begun, and FreedomWorks has published this handy scorecard to help you follow the action and weigh in. Here, on one page, is…
The Death of the ‘Defined Benefit’
Democracy and Power 103: Government money In general, the art of government consists in taking as much money as possible from one party…
DeMint on Social Security: “What Our Goverment Has Done is a Crime”
The Club for Growth spotted this hard hitting op-ed by Sen. Jim DeMint on the coming Social Security catastrophe.
Renewing America’s Mistakes
The last two evenings of the Democratic National Convention have been every bit as full of light, fluff, and glittery prose one would expect at the four day pajama party. …