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ACHIEVE YOUR FINANCIAL FREEDOM

ACHIEVE YOUR FINANCIAL FREEDOM
This blog has been created to help thousands of people to increase their financial education, and use it to enlighten and liberate people from lack of financial education, to enrich the lives of others and teach them to think for themselves. This global financial crisis is the end of an era (2016-2018), and the beginning of a new economy.

Sunday, December 16, 2012

SOCIAL SECURITY IS AN UNFUNDED LIABILITY

SOCIAL SECURITY IS AN UNFUNDED LIABILITY

IT IS NOT AN INSURANCE PROGRAM

Social Security is a social program that acts both as a payroll and as a welfare program.


Any American citizen does not have any accumulated benefits, because they do not own anything, neither have any equity of something like that. Most of them think "they will receive money” in the future or when they needed. It is a wrong conception

Millions of American people have the misconception that this program will provide extra money when they retire or being protected against any health problem or problem in the future.

World population must prepare for what is coming: “The New Great Depression” 2016-2018

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