A Quote by Mark Skousen

In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system. — © Mark Skousen
In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
Social Security is a widely popular program because the individual has been deceived by the Statist to believe that the government has been prudently and diligently managing his accumulated pension investment in his Social Security account, which he presumes to be funded by his own payroll taxes.
When you lose your Visa card, you get a new card with a new number, and any new charges with the old number are blocked. Why can't we do the same with Social Security numbers?
To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
People talk about Social Security. There is no parallel between Rhode Island's pension and Social Security.
When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.
I do not believe that the Social Security system is in crisis. The Social Security Administration itself recently reported that the system is able to pay full benefits as they are defined today until at least 2042.
With more than half of the American workforce without private pension coverage, Social Security provides economic certainty within a system that is fair, equitable, and easy to understand. You work hard, pay into the system, and the federal government makes a promise to pay back your earned benefits when you retire. It's that simple.
Reform immigration to make it easy for individuals to come over here, be documented, pay taxes - immigration reform is needed to state that its about work, its not about welfare... Set up a grace period where they can get a work permit... social security card so that they can pay income tax, social security, Medicare.
Retirement security is often compared to a three-legged stool supported by Social Security, employer-provided pension funds, and private savings.
They know your name, address, telephone number, credit card numbers, who ELSE is driving the car "for insurance", ... your driver's license number. In the state of Massachusetts, this is the same number as that used for Social Security, unless you object to such use. In THAT case, you are ASSIGNED a number and you reside forever more on the list of "weird people who don't give out their Social Security Number in Massachusetts."
Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan?
My family's business was actually an amusement park in New Orleans. My grandfather had started that, and my grandmother was a dance maven in New Orleans. It was just the theatricality and the Mardi Gras and the pageantry that I fell in love with at an early age.
And let us not forget the Social Security system. Recent studies show that undocumented workers sustain the Social Security system with a subsidy as much as $7 billion a year. Let me repeat that: $7 billion a year.
If Britain is to have a stable, affordable pension system, people need to work longer, but we will reward their hard work with a decent state pension that will enable them to enjoy quality of life in their retirement.
We ought to look at Social Security. We ought to ask ourselves the question, is there inherently something wrong with Social Security that a man like me is eligible for Social Security? There's something wrong with the system.
Corporations are reneging on pension obligations. Social Security is under attack.
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