THINK YOU ARE "ENTITLED" TO SOCIAL SECURITY?

In reality, there is no legal right to Social Security benefits, no matter how much you have paid into it. The government encourages this myth by referring to Social Security taxes as "contributions."  In the 1937 Supreme Court case, Helvering v. Davis, the Court ruled that Social Security was not a contributory insurance program, saying, "The proceeds of both [employee and employer] taxes are to be paid into the Treasury like internal-revenue taxes generally, and are not earmarked in any way."  In the 1960 case of Flemming v. Nestor the U.S. Supreme Court ruled that workers have no legally binding contractual rights to their Social Security benefits and that those benefits can be cut or even eliminated at any time.  In other words, Social Security is simply another payroll tax that has been collected by the government and spent as the money came in.  When there are not enough young people to continue this Ponzi scheme, it will come crashing down and we, who have paid into the system for the last (in my case 45) years will lose the benefits under the guise of “means testing” which means only those people who have lived off the government for decades and have not prepared for their retirement will collect it.