Social Security
The Attempt To Kill It
Allen W. Smith, Ph.D.
Allen W. Smith, author of the explosive book, "The Looting of Social Security," has written an even more explosive bombshell in “Social Security The Attempt To Kill It.” This book exposes the Social Security accounting fraud, that makes Enron pale by comparison, and a plot to dismantle Social Security.
Instead of saving and investing the Social Security surplus generated by the 1983 payroll tax increase, the government "borrowed" and spent every dollar, replacing the money with worthless non-marketable special issue government IOUs.
In 1983, the Cato Institute and the Heritage Foundation drew up a long-term plan for privatizing Social Security which served as the foundation upon which a powerful movement to destroy the current Social Security system and replace it with private accounts was built over the years. The goal was to have a privatization plan waiting when the next Social Security crisis came along. Tired of waiting for a true Social Security crisis to come, the libertarians convinced President Bush to create an artificial crisis in the minds of the American public.
W.
Leon Smith, editor, The Lone Star Iconoclast
"Couldn't put it
down...provides the best overview of the Social Security system that I
have read."