Our politicians have recently played the fear card about Social Security running out. It was just recently that many people living solely on Social
Security got an increase after years of receiving the same amount as food and living costs increased.
The fact of the matter is is that there's plenty of money in the Social Security fund.
there is an estimated one-half billion dollars in benefit checks that have not been claimed or remain un-negotiated until today?
The Social Security Death Index shows that most of these unclaimed assets are mostly death benefits left behind by heirs of deceased workers. The
record also contains essential information about nearly 72 million people whose records are kept by the Social Security Administration including those
of deceased workers since 1962, when records were finally computerized.
Let's think about this.
I'll use myself as an example. My most recent Social Security report stated that if I were to begin receiving Social Security checks, I'd be getting
$1800 per month before taxes.
But, consider this. I'm a 33 year old single woman without any children. If I died tomorrow, that money would be added to the pool of unclaimed money.
It wouldn't be used to pay off any outstanding debts, medical bills, or funeral costs incurred. Everything I worked so hard for and it won't even be
used to save my parents the expense of my funeral.
Now, let's consider how many people are in the US between the ages of 18 and 63 who are single without a beneficiary. I tried to find a figure, but
was unable, if someone could help me with discovering a rough percentage, it would be helpful. I haven't a clue, but I'm sure it's in the hundred
Now, let's consider how many of these folks die from unexpected accidents or illness. That's a whole lot of money piling up in the Social Security
system. Still, every day, sick and disabled people and veterans are turned down for benefits because they "don't qualify".
So, this leads me to my main question, where is all this money going? Is it funding Black Ops? Is it funding the war effort? Is it funding technology
that is helping to slowly errode our freedom and rights?
We all know that the US economy is in shambles, yet there is an estimated half a billion dollars just sitting there unused while we're all led to
believe that the pot is running dry. As injured veterans return home to no assistance and this money just keeps piling up. Every day we read terrible
news stories of a young person dying in a car accident or from an illness, but we never think of where their hard earned Social Security is going.
We need to start asking questions and getting to the bottom of this. It would be nothing for someone to tap into these funds that were designed to
assist those who need it without anyone finding out.
edit on 18-12-2011 by Afterthought because: (no reason given)
edit on 18-12-2011 by Afterthought because: (no reason