Could you give us the figures that the US actually spends on this please ?
My opinion is that far more gets spent on paying their corporate mates huge bailouts to support their lavish lifestyles than ever gets spent on solo mum's.
Want to know where the money's been stolen from to support your bankers ?
U.S. debt holdings: $6.328 trillion
"That’s right, the biggest single holder of U.S. government debt is inside the United States and includes the Federal Reserve system and other intragovernmental holdings. Of this number, The Fed's system of banks owns approximately $1.65 trillion in U.S. Treasury securities (as of January 2012), while other U.S. intragovernmental holdings - which include large funds such as the Medicare Trust Fund and the Social Security Trust Fund - hold the rest.
In the monthly Treasury bulletin, both are combined into one category and the total accounts for a stunning $6.328 trillion in holdings as of September 2011 (the most recent number available). The amount is an all-time high as the Federal Reserve continues to expand its balance sheet, partially to purchase U.S. government debt securities."
Now, for anyone who is capable of simple math, Social security and Medicare are paid for fund's, that means that their paid for out of your taxes.
For the truly stupid, YOU HAVE PAID FOR THESE ALREADY !
Yet, they show as debt on your balance sheet !
WHY, they should be a credit, UNLESS, they've already been raided and you ( US citizens ) are expected to pay for them again !
And where has the money paid into them gone ?
Fortunatly for the bankers, most of you don't realise this simple fact and your easily distracted by Honey Boo Boo etc.........
Then the unwashed masses start complaining about the huge cost of Social security.
My opinion is that far more gets spent on paying their corporate mates huge bailouts to support their lavish lifestyles than ever gets spent on solo mum's.
Want to know where the money's been stolen from to support your bankers ?
U.S. debt holdings: $6.328 trillion
"That’s right, the biggest single holder of U.S. government debt is inside the United States and includes the Federal Reserve system and other intragovernmental holdings. Of this number, The Fed's system of banks owns approximately $1.65 trillion in U.S. Treasury securities (as of January 2012), while other U.S. intragovernmental holdings - which include large funds such as the Medicare Trust Fund and the Social Security Trust Fund - hold the rest.
In the monthly Treasury bulletin, both are combined into one category and the total accounts for a stunning $6.328 trillion in holdings as of September 2011 (the most recent number available). The amount is an all-time high as the Federal Reserve continues to expand its balance sheet, partially to purchase U.S. government debt securities."
Now, for anyone who is capable of simple math, Social security and Medicare are paid for fund's, that means that their paid for out of your taxes.
For the truly stupid, YOU HAVE PAID FOR THESE ALREADY !
Yet, they show as debt on your balance sheet !
WHY, they should be a credit, UNLESS, they've already been raided and you ( US citizens ) are expected to pay for them again !
And where has the money paid into them gone ?
Fortunatly for the bankers, most of you don't realise this simple fact and your easily distracted by Honey Boo Boo etc.........
Then the unwashed masses start complaining about the huge cost of Social security.