40 pages--$5.95 (booklet)
A collection of eight essays by Laurence M. Vance on the true nature of the
Social Security system.
Social Security is a relic of Franklin Roosevelt's New Deal and the
cornerstone of the welfare state. It is also the third rail of American politics—touch
it and you die, so to speak, politically. But since I am not a politician, and
am not seeking office, votes, or contributions, I can tell the truth about
Social Security.
Social Security—the most expensive item in the federal budget— is not an
insurance program, a savings account, a safety net, a pension plan, an
investment account, or a retirement program. The Social Security trust fund is
an accounting fiction. Payroll taxes collected are immediately spent to provide
current Social Security benefits; that is, money is simply taken from those who
work and given to those who don't. The taking of money from someone in order to
give it to someone else, whether the government takes it or a thief takes it,
whether the taker has a good motive or evil intentions, or whether the recipient
needs or just wants the money, is immoral. Therefore, since Social Security is
based on coercion, funded by theft, and maintained by threats of violence, it is
not just unconstitutional and unsustainable—it is an intergenerational,
income-transfer, wealth-redistribution welfare program. That this sounds
incredible or shocking is exactly the reason I have collected these essays
together for publication.
