The Hidden History of Social Security

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Social Security is in the news as presidential candidates jockey for political position. What you don’t know about Social Security may surprise you. Gary DeMar takes a look at the socialist history of this government pyramid scheme in this edition of Vantage Point!

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Government Sanctioned Ponzi Schemes?

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The word ‘economics’ is made up of two Greek words: oikos and nomos. House and law. Literally it means, the lawful ordering of a household, whether that household is small or large. Today’s civil officials believe that through legislation that they can break these divine laws. In today’s episode of Vantage Point, Dr. DeMar examines the economic principles behind social security, medicare and obama-care.

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TANSTAAFL

The first rule of economics is TANSTAAFL: There Ain’t No Such Thing as a Free Lunch.[1] While something might appear to be free (e.g., education, healthcare, etc.), there is always a cost to someone.

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