The US Government at war with its Citizens

http://www.blacklistednews.com/The_U.S._Government_Is_Preparing_For_War_Against_The_American_People/24130/0/0/0/Y/M.html?morestories=obinsite

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Leading Geneticist: Human Intelligence is Slowly Declining

February 17, 2013

Source: Mike Barrett, Natural Society

Would you be surprised to hear that the human race is slowly becoming dumber, and dumber? Despite our advancements over the last tens or even hundreds of years, some ‘experts’ believe that humans are losing cognitive capabilities and becoming more emotionally unstable. One Stanford University researcher and geneticist, Dr. Gerald Crabtree, believes that our intellectual decline as a race has much to do with adverse genetic mutations.

According to Crabtree, our cognitive and emotional capabilities are fueled and determined by the combined effort of thousands of genes. If a mutation occurred in any of of these genes, which is quite likely, then intelligence or emotional stability can be negatively impacted.

“I would wager that if an average citizen from Athens of 1000 BC were to appear suddenly among us, he or she would be among the brightest and most intellectually alive of our colleagues and companions, with a good memory, a broad range of ideas, and a clear-sighted view of important issues. Furthermore, I would guess that he or she would be among the most emotionally stable of our friends and colleagues,” the geneticist began his article in the scientific journal Trends in Genetics.

Further, the geneticist explains that people with specific adverse genetic mutations are more likely than ever to survive and live amongst the ‘strong.’ Darwin’s theory of ‘survival of the fittest’ is less applicable in today’s society, therefore those with better genes will not necessarily dominate in society as they would have in the past.

While this hypothesis does have some merit: are genes really the primary reason for the overall cognitive decline of the human race? If humans really are lacking in intelligence more than before, it’s important to recognize other possible causes. Let’s take a look at how our food system plays a role in all of this.

It’s sad, but true; our food system today is contributing to lower intelligence across the board.

The Water Supply, Fluoride is Lowering Your IQ

Researchers from Harvard have found that a substance rampant in the nation’s water supply, fluoride, is lowering IQ and dumbing down the population. The researchers, who had their findings published in the prominent journal Environmental Health Perspectivesa federal government medical journal stemming from the U.S National Institute of Environmental Health Sciences, concluded that ”our results support the possibility of adverse effects of fluoride exposures on children’s neurodevelopment”.

“In this study we found a significant dose-response relation between fluoride level in serum and children’s IQ…This is the 24th study that has found this association”.

One attorney, Paul Beeber, NYSCOF President, weighs in on the research by saying:

“It’s senseless to keep subjecting our children to this ongoing fluoridation experiment to satisfy the political agenda of special-interest groups. Even if fluoridation reduced cavities, is tooth health more important than brain health? It’s time to put politics aside and stop artificial fluoridation everywhere”.

Pesticides are Diminishing Intelligence

One study published in the Proceedings of the National Academy of Sciences found that pesticides, which are rampant among the food supply, are creating lasting changes in overall brain structure — changes that have been linked to lower intelligence levels and decreased cognitive function. Specifically, the researchers found that a pesticide known as chlorpyrifos (CPF) has been linked to ”significant abnormalities”. Further, the negative impact was found to occur even at low levels of exposure.

Lead researcher Virginia Rauh, a professor at the Mailman School of Public Health, summarized the findings:

“Toxic exposure during this critical period can have far-reaching effects on brain development and behavioral functioning.”

Processed Foods, High Fructose Corn Syrup Making People ‘Stupid’

Following 14,000 children, British researchers uncovered the connection between processed foods and reduced IQ. After recording the children’s’ diets and analyzing questionnaires submitting by the parents, the researchers found that if children were consuming a processed diet at age 3, IQ decline could begin over the next five years. The study found that by age 8, the children had suffered the IQ decline. On the contrary, children who ate a nutrient-rich diet including fruit and vegetables were found to increase their IQ over the 3 year period. The foods considered nutrient-rich by the researchers were most likely conventional fruits and vegetables.

Interestingly, one particular ingredient ubiquitous in processed foods and sugary beverages across the globe -high fructose corn syrup – has been tied to reduced IQ. The UCLA researchers coming to these findings found that HFCS may be damaging the brain functions of consumers worldwide, sabotaging learning and memory. In fact, the official release goes as far to say that high-fructose corn syrup can make you ‘stupid’.

Gene mutations may have something to do with our ongoing decline in intelligence, but let’s stop to think for a moment what we’re doing to ourselves to make this decline even more prominent.

Michael Moore, Chris Hedges on Challenging NDAA Indefinite Detention and the “Corporate Coup d’etat”

Published on Tuesday, February 12, 2013 by Democracy Now!

Source Found Here

Michael Moore, Chris Hedges on Challenging NDAA Indefinite Detention and the “Corporate Coup d’etat”

The ability of the U.S. government to jail people without charge or trial is now back in court. A group of reporters, scholars and activists are suing the Obama administration over the controversial provision in the National Defense Authorization Act, saying it could allow for the indefinite detention of journalists and others who interact with certain groups. On Wednesday, the Justice Department asked an appeals court to reverse a judge’s earlier decision blocking indefinite detention, saying the ruling would hamper its ability to fight terrorism. On the same day, the Academy Award-winning filmmaker and activist Michael Moore and the case’s lead plaintiff, Pulitzer Prize-winning journalist Chris Hedges, took part in a panel featuring some of those who were in the courtroom opposing the NDAA.

DHS Insider: Obama’s cyber warriors & preparing for collapse : MUST READ!!

DHS Insider: Obama’s cyber warriors & preparing for collapse, Leaks, Whistleblowers, Cyber-Warriors for Obama Project

via Reblogged from –  DHS Insider: Obama’s cyber warriors & preparing for collapse.

Leaks, Whistleblowers, Cyber-Warriors for Obama Project

DHS Insider: Obama’s cyber warriors & preparing for collapse

Author
– Doug Hagmann (Bio and Archives)  Thursday, February 7, 2013 
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The following information was provided to me by my DHS contact on two different occasions. Information from my first contact was previously published in two parts (here). I was asked to withhold the final portion of the information that was provided to me at that time until after the inauguration. The following resumes where part II left off. At the request of this source and for the sake of continuity, the following combines the information withheld and the information from our most recent contact on 4 February 2013.

DH: Do I have your permission to record this conversation?

RB: Please do.

DH: We’ve spoken at different times since the information you gave me was published. You have since given me additional information on top of the information you asked me to withhold until after the inauguration. First, what was the reason for asking me to wait to publish the remainder of our discussion until after the inauguration?

RB: This bunch, top level DHS brass, is clamping down on leaks. One way they are finding leakers is to put out false information specific to certain individuals. They can trace the information directly to the leaker due to the nature and specificity of the information. It was part self-preservation, part vetting one of my closest and most important contacts. It was a test to assure that I am not being used for disinformation purposes or being targeted as a leaker. It was something I felt I had to do, and I’m glad I did. I feel more comfortable now about my sources.

DH: So, if I understand you correctly, your sources “passed” whatever test you were performing?

RB: Yes.

DH: And you still have access to information, I mean, whistleblower type information?

RB: I know what you mean, so I guess that’s one way to put it. Okay.

DH: For continuity and to refresh your memory, I’m going to play the remainder of our recorded interview from our contact last month.

[At this point, we listened to the dialogue previously recorded. After the recording concluded, this DHS source suggested that we combine new information with the previously recorded information to avoid unnecessary repetition. It was agreed and the recorder was turned back on with his consent].

DH: Just to be clear, let me hit this again. The main reason you asked me to wait to publish your previous statements had more to do with you, your sources and well, your own self preservation than the content of our discussion.

RB: I guess you could say that. But the information is still valid and becomes even more important when combined with the latest information I have for you.

DH: Okay, we can get on with it, then.

RB: First of all, two days after the inauguration, at exactly 7:00 a.m. on January 23, something called “the Cyber-Warriors for Obama Project” was activated. I heard about this the week after the election, but only saw a hardcopy draft in late December. From what I was told, I believe this is a project that is being paid for through funds from Obama’s political corporation, the 501(c)4 Organizing for Obama, I believe it’s called. I can’t be sure, but that’s what I was told.

At that time, I was shown a white, three-ring binder with Obama’s circular campaign logo imprinted on the outside of the binder with the name “Cyber-Warriors for Obama” printed in blue across the top. Inside were the names and e-mail addresses of 3,575 “cyber assets,” or “warriors,” listed in alphabetical order under about a dozen or so “team leaders.” From a separate sheet I was shown, most of these “assets” are being paid just over minimum wage, but as I understand it, they work from home and have no overhead. I believe there are about two dozen supervisors who make substantially more.

Now I only had the binder for a minute, and could not take it from the room I was in, so this is strictly from memory.

It was tabbed, and one section with the word “targets” had a list of religious web sites, web sites I recognized as Christian. Another section was a listing of conservative Internet sites. There was another tab with the label “problem sites” that seemed quite extensive. I looked at that section, and it was broken down further into “birther” sites, “pro-gun” sites, “anti-abortion” sites, just to name a few.

There was also a section of the usual news sites, like CNN, ABC, you know. Numerous e-mail addresses were conspicuous under each news organization, which also included Fox… [unintelligible]. I figured you were going to ask.

The first page of the binder had bullet points labeled “objectives” and instructions for the cyber-assets. There was also a very detailed non-disclosure agreement with the word “DRAFT” typed in big, light grey letters across the body of the two-page agreement. The agreement and the instructions were typed on white paper with a warning, printed in red on each page, that the document was not to be copied or disseminated.

DH: Where did you see this? I mean, was it at DHS?

RB: Yes, and that’s as much as I can say on the location.

DH: What’s the magic behind the number 3,575?

RB: I asked the person showing me [the binder] that question. Supposedly, it has to do with their budget, or the project funding.

DH: Go on.

RB: The instructions seemed very specific. Infiltrate web forums, collect screen names, avatars, and posters’ tag lines, and attempt to resolve these to their actual identities. I read one paragraph that listed circumstances when the “asset” was only to monitor but do not disrupt without authorization. There was another section titled “Divert, Disrupt and Destroy,” listing “how to’s” in certain cases.

There was also a section on maintaining a social media presence, and another on the most effective use of Twitter.

Lastly, there was a “reference section,” which included statistics, specific language to use to marginalize different posters, and effective methods to discredit people while maintaining a sense of legitimacy.

It was surreal, to say the least.

Oh, one more thing that’s important. As I said, these “kids,” or young people I believe, are known collectively as “Cyber-Warriors for Obama.” The subheading was “And the truth shall set you free.” Truth? Really? They were hired on their hacking abilities, or more precisely on their abilities to make postings through proxy servers and effectively use alternate identities and multiple e-mail addresses. Their purpose is to spread disinformation, not truth.

There were also motivational statements on various pages, including one that referred to Obama as the “Pharaoh of the Internet,” which I thought was an odd characterization.

But what’s important is that suddenly, through the use of Internet aliases, multiple e-mail addresses, and screen names, a project that employs 3,575 people will have the appearance and effectiveness of maybe 10,000 or more different people.

DH: Do you know if these “team members” have their own copies of the binder you saw?

RB: No. I was told that these people were hired through the campaign offices located throughout the country, and that training meetings were held at various locations. The binders were for instructional purposes, not to hand out. Although I think the people have, or were given, a list of web sites.

I don’t know any more on the actual mechanics of the project.

DH: During our previous contact, you said that we should listen to Obama’s comments about the economy, I mean during the inaugural speech. What’s so significant about that?

RB: Well, this is perhaps the most important issue people need to understand. There will be, and was, talk of a recovery and a stronger economy, but it’s all propaganda. As you heard me say in the recording you just played, the complete inaugural address will be a “Baghdad Bob” moment, and it was. Many economists will use false figures and statistics to deceive the American people. People must not downplay the importance of the economic aspect of this address. The sudden collapse of the U.S. dollar (however it actually plays out) and everything that goes with it (such as social chaos and riots) will be one part of a plan that was set in motion a long time ago.

DH: During our previous contact, you said that we should listen to Obama’s comments about the economy, I mean during the inaugural speech. What’s so significant about that?

RB: Well, this is perhaps the most important issue people need to understand. There will be, and was, talk of a recovery and a stronger economy, but it’s all propaganda. As you heard me say in the recording you just played, the complete inaugural address will be a “Baghdad Bob” moment, and it was. Many economists will use false figures and statistics to deceive the American people. People must not downplay the importance of the economic aspect of this address. The sudden collapse of the U.S. dollar (however it actually plays out) and everything that goes with it (such as social chaos and riots) will be one part of a plan that was set in motion a long time ago.

DH: And you are getting this from your current intelligence sources? Frankly, I’m not sure I completely understand the connection between DHS and what’s going on with the economy. Seems like it should be separate.

RB: What’s not to understand? The economic devastation that will take place is an attack, a planned attack on the U.S. Just look at it that way. This “regime” already knows the outcome, which is the debasement of our national currency. Like I said, it’s been in the works most recently since the 1990s. A collapse does not happen without a lot of pain -people losing everything in their retirement accounts, savings and so on. Don’t you think that will cause one hell of a national security problem? And who is running our national or domestic security? DHS.

Oh, and one of the reasons I wanted to include more recent information into our discussion relates to something you did last month, after our talk. I know you said you did not want to source your own work, but there was one important radio program you did that caused a very angry response inside DHS.

DH: How so?

RB: You had a financial insider on your program who went by some letter, like the first or last letter of his name.

DH: Yes, that was “V” who is a source for Steve Quayle. We did a program at the beginning of January, I think – I’d have to look. [Edited to add that the actual program was 11 January 2013.]

RB: Yeah, that was it. If you ask your network, I think you’ll find a request was made for the transcript of that program by DHS. The information given by that source was protected, or confidential, especially regarding the actions of big bankers here in the U.S. and the foreign markets. These international bankers are playing a big role in killing the U.S., and although they’re bold, they still don’t want certain things disclosed before their time.

DH: But that information had nothing to do with national security. I mean, how would this relate to DHS?

RB: Now you’re giving me a headache [laughter]. Let me spell it out for you, and this is the crux of everything. We have Obama (or whatever his real name is) in the Oval Office. You’ve said it before, that America is a “captured operation.” Well, it is, and every top level operative at DHS and Justice knows it. They have his dossier.

Think about Obama’s mother working in microfinance with Timothy Geithner’s father. What are the odds? And that’s just one “coincidence.”

A lot of people won’t get this until it’s too late, or maybe never get it. But take a good look at Obama and the people who surround him. Look at the 2008 economic crisis under Bush. Look at the run up to where we’re at today. The orchestrated boom of the 1990s. The GLB Act signed into law under Clinton that changed the complexion of our domestic economy. Look at the people who are still around, the architects of this. It’s a big lie! It’s all been rigged, and the insiders know this! Look at the continuity of agenda since “Bush senior.”

Now listen to what I am telling you. This is a continuing operation that involves many of the same people on both sides of the aisle in Washington. This is one of the reasons why no one wants to talk about Obama’s past. He is the product of a continuing intelligence operation, put in power to oversee the dismantling of the U.S., with the economy being the lynchpin of our destruction. Obama, Jarrett, and the Clintons are in constant contact with all high level operatives inside the DHS. Perhaps not directly in all cases but through their contacts. They are working together to see to it that the U.S. economy is brought down, robbing the people of their wealth and then blaming partisan politics for the crash.

For the first time in recent history, you’re going to see people hungry and out in the streets. Those unprepared or those thinking this is all [expletive deleted], desperate and begging for food. Think Katrina, but on a national scale. That’s what is being planned for Americans, and few people are willing to see what’s happening, or willing to believe it. Now here’s where DHS, my sources and information comes in.

Everybody is looking at the gun “problem” in America. Fights over the Second Amendment. State laws that go against the Constitution. Blame it on Sandy Hook or Colorado. Tell people we need to be disarmed because it’s for the children. It’s all [expletive deleted]. Most people know it’s all [expletive deleted], but that’s where their rational assessment stops. Why do you think the people in power want to -no – need to disarm the public? It’s because they are planning an economic collapse, and an armed and informed populace is a danger to their plan.

DH: Wait, wouldn’t it make sense to let the guns stay in the hands of the people and have the people shoot it out among themselves? Wouldn’t this fit in with their desire for chaos, and make it easier for Martial Law to be implemented?

RB: In a way, but you’re still not thinking big enough. The way this is being planned includes that scenario, but they are very afraid that once total chaos breaks out, they will become the targets. So to a point you’re right, but then a crackdown must take place.

DH: But the elected ones are well protected.

RB: Yeah, but you are not thinking like them. There are several scenarios or models they have commissioned. They exist in printed form and have been given to Obama and Jarrett specifically. It’s war gaming with the American people. That caused some mid-level military people with a conscience to ask what the hell is going on, and some even refused to take part in these exercises. By the way, Napolitano is the go-to person for these models.

Anyway, there is a fear that their own people won’t be loyal to them when everything begins to implode. You’ve been seeing purges lately. Remember what Jarrett supposedly said about being “hell to pay” after the re-election? That process has started.

DH: Those who have been “purged” – why haven’t we seen anyone speak out about what’s going on?

RB: They’ve been threatened. Some were not worth even being threatened and became “examples.”

DH: Like who?

RB: Oh c’mon, look at the recent mysterious deaths. Pick one.

DH: Okay, but wouldn’t they be safer by speaking out, by telling everything they know? Some ordinary people might call them cowards. Why not just go public[interrupted/over talk]

RB: Yeah, how’d that work out so far? And go public to who? CNN? They are in real danger, and so are their families. Anyone close to them. Even if one or two would go public, how do you think that would work out for them? I’ll tell you how. They would make [Senator] McCarthy look like an American hero, which he was, but that’s… They’ve made it so that no one will be able to make any real difference to their agenda. They know that.

DH: So no one is going to say anything – ever?

RB: That’s not what I said. Some will talk when the time is right. Some have “insurance policies” that will be used at the right time, when they will make the most difference.

DH: I feel like we’re getting off point. So, what is being planned?

RB: The DHS will oversee the domestic crackdown that will happen when the perfect storm bears down on us. And the perfect storm is the economy, meaning the U.S. dollar collapse and hyperinflation, racial or class riots sparked by a high-profile incident, and another mass causality event involving guns. Watch for these three things to happen all at once, or in close succession.

The polarization caused by these events will be sufficient to cause a second civil war.

DH: When? How soon will all of this happen?

RB: I don’t have a crystal ball, but I have seen various reports referencing unprecedented “drills” to take place in later March and April. I’ll mention this because I know a lot of people on the inside at DHS have seen this. A document called “Operation Thunderdome.” It’s maybe 50 or 60 pages, I’m not certain. It describes an economic collapse in the U.S., followed by an attack on the government by “a made-up patriotic group.” It combines gun owners, Constitutionalists, and even Christians into an enemy group that pulls off an attack in Washington.

But don’t fall into the trap of trying to pick the time of these events. Their plans are flexible, but their objectives are carved in stone.

DH: Sounds like a Reichstag type event- sometime.

RB: Exactly. Maybe not just one. They have plans and back-up plans and back-ups for the back-ups. And in spite of the warnings, and history, enough people will be outraged and side with the government. This brings me to my final point. What do you think all of the prepositioning of paramilitary assets, caches of ammunition, and the opening of non-descript buildings owned or leased by the federal government are for?

It’s for you and people like you. It’s for those who are turned in by their neighbors, friends, co-workers, and others who are hungry, broke and broken. What we are about to experience will be like it was during the Civil War, only worse. People will be outgunned, surveillance will be everywhere, and it will be much more difficult to hide and fight back. Not impossible, but more difficult.

DH: So you’re painting a picture of a Mad Max scenario, hence the reference to Thunderdome?

RB: Believe it or not, part of the model, or at least one of them, includes the depiction of a somewhat “normal” society, at least after the initial “hostilities.” People will be controlled by the national government, centralized – in order to escape the chaos. Think of it this way. You want food and medical care? You will not be able to own a gun, period. The current federal legislation is all window dressing – a distraction. No one expects anything meaningful to pass. It won’t have to. States, yes, but those states are lining up for federal money. The elected leaders are of the same ideology as Obama, but aside from those, we’ll see many people turning in their weapons for food, shelter, medical care, and false guarantees of safety. That’s what the new normal will look like.

As I said, you’ve got to think bigger – much bigger. The lies are bigger than most people can imagine. The people at the top are laughing at us. Think about that. They are laughing at us because it’s right in front of our noses. And you know, the bigger the lie…

DH: Yes, the more people will fall for it.

RB: Right. I think we’re done here for now. I’ve given you as much information as I know, as I have seen. Watch the economy – the indicators. Watch for a false flag. We are being baited. Let people pooh-pooh this information, seek information through FOI requests. Not gonna happen. We’re talking about an operation so black and so big, and one that has to be done in the next few years, under Obama.

This is something that is international in scope. The plan is international, and is dedicated to the dismantling or destruction of America. It’s happening right in front of us, but too few can actually see it.

DH: I’m sure you, well… We’ll be accused of scaring people without citable evidence.

RB: People need to wake up. Believe me or don’t. It’s their choice.

DH: Wait, one more thing. What should we be looking for next?

RB: Look around. You’re seeing it. We’ll talk again. Please shut off the recorder.

Copyright © Douglas Hagmann
Douglas J. Hagmann and his son, Joe Hagmann host The Hagmann & Hagmann Report, a live Internet radio program broadcast each weeknight from 8:00-10:00 p.m. ET.

Douglas Hagmann, founder & director of the Northeast Intelligence Network, and a multi-state licensed private investigative agency. Doug began using his investigative skills and training to fight terrorism and increase public awareness through his website.

Doug can be reached at: director@homelandsecurityus.com

Social Security (The Ponzi Scheme That Makes Bernie Madoff Look Like An Alter Boy)

Reblogged from the New American / Bob Adelman
(you can find it here – Social Security to Run Out of Money Sooner Than Estimated.)

Friday, 08 February 2013 16:00

Social Security to Run Out of Money Sooner Than Estimated

Written by  


The
 February report from the Congressional Budget Office (CBO) about the inevitable insolvency of Social Security is discouraging enough without checking the CBO’s assumptions. A closer look at the report and those assumptions reveals a Ponzi scheme that is going to crater sooner than expected.

For 2013 the CBO said that beneficiaries will receive $816 billion in benefits while revenues from payroll taxes will be $846 billion, leaving the program with a surplus of $30 billion. By the year 2023, however, the CBO estimates that outgo will exceed $1.4 trillion compared to revenues of $1.3 trillion, a shortfall of about $100 billion.

According to Jed Graham at Investor’s Business Daily that means that the funds backing Social Security (which include Old-Age, Survivors, and Disability Insurance trust funds) will go to zero by 2031. He estimates that beneficiaries just now becoming eligible for retirement benefits will suffer huge cuts in their checks by the time they turn 80 — just when most of them will need them the most. And “workers 44 years old [today] face the prospect of retiring after the trust fund is bust.”

Chuck Saletta, at The Motley Foolagrees. He notes that the temporary “surplus” in the funds will peak two years sooner than estimated by the CBO just a year ago and will have $140 billion less in them in 2022 than projected. He says the “collapse date” will be moved back to 2033 or even sooner.

But neither of these picked up the footnote from the original CBO report:

The CBO projects that the DI [Disability Insurance] trust fund will be exhausted during the fiscal year 2016. Under current law the Commissioner of Social Security may not pay benefits in excess of the available balances in a trust fund, borrow money for a trust fund, or transfer money from one trust fund to another.

So what is a good economist to do? They just assume that somehow those DI benefits will be paid from somewhere: “CBO … assumes that the Commissioner will pay DI benefits in full even after the trust fund is exhausted.”

The CBO then calculates the additional shortfall that paying those DI benefits will create: another $1.2 trillion. That brings the total “surplus” remaining in the trust funds in 2023 to a little over $1 trillion. That’s just enough to pay benefits to everyone for about three more years.

It’s even worse. Two college professors writing in the New York Times on Tuesday claim that the assumptions made by the Social Security Administration are vastly inaccurate: “Their methods are antiquated, subjective and needlessly complicated — and as a result are prone to error and to potential interference from political appointees.” As a result more people will retire and start drawing benefits than it estimates.

One would think that these awful numbers would start getting peoples’ attention who would then begin to bring pressure on Washington to address the issue. But self-interest on the part of participants and politicians is keeping any serious conversation about the matter from occurring. First, the standard line from the Social Security Administration that it’s safe and sound is enough to satisfy anyone who might be curious about it. Secondly, the beneficiaries continue to receive their checks and so what’s the problem?

Gary North explains:

The essence of the Ponzi scheme is not simply its statistical unsustainability. The essence of the Ponzi scheme is that it is like an addictive drug. Once someone enters into it, he finds it psychologically impossible to face the reality of the unsustainable statistics of the program….

The essence of the Ponzi scheme is not statistical; it is psychological. It creates belief in that which is statistically impossible, and the degree of belief is so strong that anyone who points out the statistical impossibility of the scheme risks being cut off personally by the victim. Ponzi scheme economics creates the classic attitude: shoot the messenger!

There’s another reason why the estimates from the CBO and projections from the college professors and other pundits quoted are likely to be too optimistic: As participants in Social Security begin to learn of its increasingly unstable condition, they will begin to draw their money out of it at the earliest opportunity. This may explain why more and more retirees are starting withdrawals at age 62 rather than waiting. It may also explain why more and more people are attempting to draw disability benefits as well. The mentality about Social Security is changing: “Let’s get ours while we can.”

If such a conclusion proves to be valid, then there’s nothing to be done. Charles Blahous, commenting at the website economics21.org, said,

The CBO report paints a disturbing portrait of unsustainable federal debt accumulation driven entirely by spending, and by entitlement spending in particular. To spare our children and grandchildren from unprecedented levels of taxation and/or indebtedness, entitlement reforms that slow these programs’ growth are desperately needed, the sooner the better.

At this late date, tinkering with increases in payroll taxes and ages of eligibility and cost-of-living-adjustments would only put off the day of its cratering. Social Security is a Ponzi scheme, and all Ponzi schemes fail. This one appears to be failing sooner than predicted.

A graduate of Cornell University and a former investment advisor, Bob is a regular contributor to The New American and blogs frequently at www.LightFromTheRight.com, primarily on economics and politics. He can be reached atbadelmann@thenewamerican.com.