Social Security Broke: That’s Bullshit


“That’s Bullshit” with Sam Seder: Pointing out Bullshit so you don’t step in it. This week, on behalf of the lesser people, Sam calls Bullshit! on having to fight a Democratic Administration over the Alan Simpson co-chaired, Debt Commission and the false claim that Social Security has anything to do with our deficit and needs to be cut. supporting links: fdlaction.firedoglake.com socialsecurity-works.org krugman.blogs.nytimes.com counterpunch.com

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  1. treysparker - June 26, 2010 at 1:09 pm

    From time.com

    “In its report, the commission claims that Social Security will be in a “cash deficit” by 2016, because benefit checks paid out of the Social Security trust fund will start to exceed taxes collected from workers. Unless the program is changed, the report warns, the public can look forward to “either painful tax increases, significant benefit cuts or astronomical levels of borrowing.” ”

    Everyone knows a ponzi scheme works for a while, but never lasts forever.

  2. rickorlando69 - June 26, 2010 at 1:25 pm

    ya I get $255 towards my funeral. What is that for… some flowers?

  3. Tobacc0 - June 26, 2010 at 2:18 pm

    Very funny… Sam should get a slot on The Daily Show.

  4. TurboInsomniac - June 26, 2010 at 2:28 pm

    Your sources are biased.
    Besides your simply wrong

    Social Security is a Ponzi Scheme minus there part where I can have my money at any time. Americans put money in and earn money receive interest. When I retire I won’t get my interest or my full return even. Is it really the best federal program? And its involuntary if you want a career in this country.

    And Penn and Teller beat you to the name. All you did was put The in front of it.

  5. Romulus2009 - June 26, 2010 at 2:30 pm

    Social security is bullshit. I want to opt-out.

  6. jokertim777 - June 26, 2010 at 3:19 pm

    At no point in your rambling, incoherent rantings did you come close to constructing anything remotely resembling a cogent argument. Everyone who has watched this video is now dumber for having done so. Scrape together all the government hand outs you can muster and go buy a clue.

  7. timbosforporn - June 26, 2010 at 4:13 pm

    @nrf91 Not really but if you choose to change the meaning of words in order to project your own feelings onto other people’s philsophy then go ahead. Some people actually believe in facts and the fact is every single one of Obama’s friends that we know of has ties to socialist, communist, or far left sixties radicals who plotted an american genocide as in Bill Ayers and the wetherman underground.

  8. nrf91 - June 26, 2010 at 4:55 pm

    @timbosforporn Please. Every time you press POST you are showing off your stupidity and ignorance. Obama a socialist? It’s a great slogan but the facts don’t support your assertion at all. Unless, of course, you define socialist as someone who socializes corporate debt through bailouts, and tax gimmicks and things like that. If that’s the case, GW Bush was a socialist too, by the way!!

    I prefer to call them both what they really are – corporatists. Look it up.

  9. timbosforporn - June 26, 2010 at 5:40 pm

    @nrf91 I think I am experiencing it now with the Obama administration.

  10. nrf91 - June 26, 2010 at 6:29 pm

    @timbosforporn You wouldn’t know what national socialism was if it smacked you in the rear end (no doubt causing massive brain injuries). Thanks so much for sharing Glenn Beck’s big lie number 314,159 with all of us.

    Looks like we’ll need to include forced remedial history in the communist socialist nazi classes that our new government will force down the throats of tea baggers.

  11. nrf91 - June 26, 2010 at 7:25 pm

    @timbosforporn You wouldn’t know what national socialism was if it smacked you in the rear end (no doubt causing massive brain injuries). Thanks so much for sharing Glenn Beck’s big lie number 314,159 with all of us.

    Looks like we’ll need to include forced remedial history in the communist socialist nazi classes that our new government will force down the throats of tea baggers.

  12. nrf91 - June 26, 2010 at 7:42 pm

    @frackle Thanks a lot for ruining the perception I had that Sam was working in a giant newsroom. This is devastating. Next you’ll probably tell me there’s no Santa Claus.
    :-(

  13. nrf91 - June 26, 2010 at 8:09 pm

    Forgot to mention: nrf91 = the Seder fan formerly (and also) known as racer91.

  14. nrf91 - June 26, 2010 at 8:37 pm

    Sam!! I just stumbled onto this and it is fantastic. Will be sending it to my entire mailing list along with an article on the “kill Social Security Commission”.

    I’m really impressed with the large newsroom you’re now working in, though it’s a bit distracting with all those people running around at the speed of light back there. That can’t possibly be a US corporate media newsroom :-)

    Subscribed so I can finally get my Seder fix on a regular basis again.

  15. frackle - June 26, 2010 at 8:38 pm

    I love this video, but I can’t unsee the getty images watermark. Is there a public domain background you can use?

  16. JASON9948 - June 26, 2010 at 9:04 pm

    HEY you are better than Penn and Teller

  17. asdfxcxv - June 26, 2010 at 9:42 pm

    Hi I’ve watched EVERY SINGLE EPISODE of “That’s Bullshit” I’m the best fan in the world everyone else go to hell

  18. herpiethelovebug - June 26, 2010 at 10:18 pm

    I just want to add, instead of taking money from the poor, end the military’s budget and you will be able to double or triple the benefits.

  19. herpiethelovebug - June 26, 2010 at 10:40 pm

    Keep em coming Sam. There’s enough bullshit out there, that your kids kids will be making your vids.

    Viva la Venus Project!!

  20. SamSeder - June 26, 2010 at 11:13 pm

    @eeplebert I agree! do you need an address to where to send?

  21. eeplebert - June 26, 2010 at 11:22 pm

    dude, I’ll buy you a decent microphone. The audio balance is still AFU. Please fixit before next time!

  22. franktauk4u - June 27, 2010 at 12:12 am

    BANKRUPTCY for the United States of America is the only way the criminals in DC will ever get away with stealing the $3 Trillion, that the government owes it’s citizens.

  23. SamSeder - June 27, 2010 at 12:51 am

    @FullRaidersAlchemist touche’

  24. timbosforporn - June 27, 2010 at 1:11 am

    @kevinbgoode People who hate America are people who burn the flag and rip into it every chance they get. I just hate the people in government which is not America. National Socialism….yah…thats conservative (sarcasm).

  25. kevinbgoode - June 27, 2010 at 1:22 am

    @timbosforporn Why do conservative fascists hate America so much? Why?