“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Last year, Social Security and Medicare trustees warned that the programs are going broke. A year later — they’re still going broke. This shouldn’t come as a shock to anybody. It’s yet another example of the ineptitude of the political class in Washington...
by Gary M. Galles, Mises Institute On January 30, Rep. John Larson and 200 Democratic co-sponsors introduced the Social Security 2100 Act. Portrayed as giving retirees long-overdue benefit increases, it would actually add another step to Social Security’s long-running...
EDITOR’S NOTE: On August 14, 1935, the Social Security Act was signed by FDR. The following article, originally published in 2005, examines the Act and the entire system of Social Security, from a Constitutional perspective. After President Bush put forth his...
by Rep Ron Paul Billions of dollars were recently lost in the collapse of Bernie Madoff’s self-described Ponzi scheme, in which too-good-to-be-true returns on investments were not really returns at all, but the funds of defrauded new investors. The pyramid scheme...
by Pudge Today in the same breath someone, to me, attacked Bush for violating the Constitution, and not supporting Social Security enough. Apart from the fact that the “raiding” of Social Security actually makes the S.S. Trust Fund more solvent and is a...