The socialists had to find a way to begin financing their utopia without a revolt. They were under increasing pressure from the newly franchised voters to deliver the bacon. In 1920, the 19th Amendment extended the right to vote to women.

The Great Depression of the 1930’s was created to put fear and uncertainty into the American public. A free nation was to be broken, and redesigned into a socialist utopia. To accomplish this, total economic disruption had to occur. A fearful and desperate population would grasp onto any hope.

A general tax increase was out of the question in the 1930’s. Many states allowed racetracks to open for gambling as they became desperate for revenue. Each year became more depressed.

Then the Roosevelt administration pulled the Social Security rabbit out of their hat. No one would object to a government security program during a depression. Roosevelt created the Social Security Act of 1935. Withholding taxes began for the American worker in 1937.

After 1937, the withholding technique of Social Security has provided the socialists with enormous amounts of tax money, without calling it a tax. It has also allowed the government to see, tax, and control your earnings!

Now you will say, wait a minute! Social Security is not a tax, but a contribution to the Trust Fund.

Wrong! Social Security withholdings were always just a tax!

But Roosevelt said there was a Trust Fund! Yes, he did say that!. But Roosevelt lied to your grandparents to get support for his collectivist scheme!

Can I prove this? Absolutely. In No. 837, Steward Machine Co. v. Davis,--U.S 1937 The Supreme Court ruled that the Social Security Act lays a special income tax upon employees to be deducted from their wages and paid by the employers. Further, the Court found that the proceeds of both taxes are to be paid into the Treasury like internal-revenue taxes generally, and are not earmarked in any way!

Where has all the money gone? Round up all the usual suspects! Military spending, entitlements, foreign aid, junkets for the Congress,. etc.

You might ask, if this is true, where is the money going to come from to pay for me? That’s a very good question.

To understand the difference between the estimate of $45 trillion, and the current reported national debt, you need to know the assumptions.

The reported national debt is now some $7.6 trillion. This includes only expected expenses that are payable this fiscal year. The $45 trillion is the current value of all of the commitments the government has promised to pay both now, and in the future.

However, the debt picture may not be as gloomy as it first appears. There is an escape hatch that the government can use.

You have no legal right to Social Security!

Surprise. I’m absolutely correct! The Supreme Court has already ruled that you have no guaranteed right to Social Security!

The wheel has turned full circle, and the US is a massive debtor to the world. All those fees and a lot of the interest payments go to whom? The Federal Reserve System and the other international banks are taking their share, and we have lost control of our financial destiny.

Of course you don’t believe me! You say that I’m a negative thought thinker! Perhaps the latest forecasts from the Congressional Budget Office will shed some light on the problem.

The first chart is the CBO’s forecasted budget surplus or deficit through 2075. Because this is an official government release, it is reasonable to assume that it is biased towards the most favorable interpretation of the data. The current plan seem to be killing ourselves by 2025, and then let the chumps (the next generation) deal with it.

The second chart from the CBO is their current forecast of expenditures through 2075. Pay special attention to the forecasted interest expense, and the projected outlays for Medicare and Medicaid!