USA traitors have created the Social Security Totalization schemes

by Mark W Lowry

Carter ,Bush1, Bush2, and Obama have all worked to create a One World Government.

Did anyone ask Americans if they wanted a Global Government??? Carter was first President to sign totalization agreement in 1978 and future Globalist Presidents have secretly turned our country over to it. Our corrupt traitor elected officials are blaming hardworking Mainstream American Citizens for the Social Security Insurance trust going bust. The tragic destruction of the USA is the result of global government funding by our government and is not the responsibility of its citizens. The traitors need to take credit for their hard work to create the global government under control of the international moneyed families and their closely held global corporations.

That is what has bankrupted USA Social Security. The lie about a decrease in USA workers is a lie. Older workers are working much longer now because Social Security Benefits are not enough to live on. The elderly are taking jobs the teens used to take.

The illegals sit on their —  and draw the money. Many of them in the nation they came from. They only have to be here for a year and half to get benefits sent to Mexico (  totalization agreement with Mexico)   or any other country with a totalization agreement and pick up their dependent families as beneficiaries too. Chain migration, and the preposterous anchor babies of foreign citizens along with tourist-birth babies that provide citizenship status and Social Security benefits to people around the world under Totalization agreements has destroyed the USA financially, socially and legally.

The goose that laid the golden egg for multinationals is dying an agonizing death. There is no blood left in the USA turnip. Totalization agreements designed to provide multinationals with more profit are failures for the USA

Wed, Jul 27, 2011 at 10:43 AM Subject: $2 trillion paid to foreigners in USA not discussed in pseudo debt debate. Additional global governance $trillions costs not discussed.To: The massive expense of welfare payments to illegal foreign mercenaries on our soil is the key to our indebtedness. USA traitors have created the Social Security Totalization schemes where we pay for Social Security Benefits now for workers from 21 nations.

We also pay for most of Mexico’s Social Security benefits. The annual expense was only $2.6 billion in 2002 to a reported 418,000 foreign beneficiaries outside the USA. Ten years later that amount sent to foreign nations must be well over $3 trillion a year.

The annual Federal debt is $14 trillion. There is a minimum federal expenditure of $2 trillion for all federal expenses related to housing, feeding, and protecting illegals and “legal” foreign citizens in the USA. Some comes from pseudo refugee programs and other open door programs that permit over 4 million people to enter the country each year legally. Another 4 million or so enter illegally.

The USA is permitting an invasion of over 8 million people each year to assure our nation is demographically destroyed. This enormous growth in illegal and legal residents as well as foreign citizens who are now provided USA welfare and Social Security benefits can not be sustained under any situation. The growth in beneficiaries is documented here: http://www.ssa.gov/policy/docs/chartbooks/disability_trends/sect01.html Note these numbers only reflect the primary beneficiaries and not all the dependent beneficiaries. For instance, one eligible illegal may have 10 children getting benefits. The 56 million number of beneficiaries now is a low estimate but reflects a 100 percent increase since 1970 when Carter started the Totalization Agreements. Cost increases after the 1983 Reagan Amnesty were dramatic.

By Marti Dinerstein September 2004

 

Examining a Lopsided Agreement with Mexico

By Marti Dinerstein

September 2004

 Since the late 1970s, the United States has entered into a series of bilateral “totalization” agreements that coordinate the U.S. Social Security program with the comparable programs of other countries. To date, 20 such agreements are in force. They have been financially beneficial to U.S. workers and their employers and the associated social security payments to foreign nationals have been reasonable. As such, totalization agreements have been non-controversial. Congress has never voted to disapprove one.

But the proposed totalization agreement with Mexico is profoundly different from prior agreements in four important ways:

1. One-sided.

Unlike the 20 existing agreements, a totalization agreement with Mexico would be one-sided. Its beneficial effects to U.S. workers would be miniscule compared to those received by potentially millions of Mexicans. It is expected that the totalization agreement with Mexico would:

Provide only modest tax savings for American workers and their employers compared to other totalization agreements.

Entice Mexicans to remain in the United States for the 10 years it takes to vest for U.S. Social Security (versus 24 in Mexico) in order to maximize their retirement income. The United States pays out far more to low-wage workers than they contribute to the system. In contrast, Mexico only pays out what was contributed, plus accrued interest.

Permit Mexicans to return home and have their spouses and dependents receive U.S. Social Security benefits they would not have been entitled to without a totalization agreement.

Permit partial Social Security benefits to be paid to those who worked in the United States as little as 18 months (six quarters).

Eventually compel the United States to pay out billions in retirement benefits to Mexicans for credits they acquired while using fraudulent Social Security numbers prior to obtaining legal status.

Lure even more Mexicans into the United States illegally in the hopes they would obtain amnesty, thereby making themselves and their families eligible to receive U.S. Social Security benefits once the worker returned to Mexico and reached retirement age.

2. Perversion of original concept.

The anticipated totalization agreement with Mexico is a perversion of prior agreements, calling into question the appropriateness of such a pact. The norm in existing bilateral totalization agreements assumes employees of corporations are asked by their employers to transfer to the other country for a specified period of time. Employees and employers in both countries have been contributing to their respective social security systems. The dual objectives of existing totalization agreements were to secure tax savings for the employees and employers of both nations by eliminating double taxation and to guarantee an old age pension to those who contributed to both social security systems by “totalizing” the years worked in both countries. Employees legally enter the partner nation with documents verifying they are authorized to work. Virtually all of the existing 20 totalization agreements are with developed nations whose social security retirement benefits are at parity with those in the United States, providing no incentive to stay and vest for U.S. social security.

In contrast, most Mexican workers entered the United States illegally, were not affiliated with a corporation, previously lived in poverty, and paid no social security taxes in Mexico. There is no benefit parity for American workers in Mexico as it takes more than twice as long to vest for Mexican social security (24 years vs. 10 years in United States) and the benefits are far less generous than those in the United States.

3. Most Mexicans here illegally. None of the existing totalization countries accounts for even 1 percent of the U.S. illegal population and jointly comprise only 4 percent of the total number of illegals. In contrast, over half of the Mexicans living in the United States are illegal aliens. The size of the illegal population from Mexico more than doubled in the last decade and now accounts for 69 percent of the U.S. illegal population. (1974)To adopt a totalization agreement with Mexico would put the United States in the ludicrous position of offering Social Security benefits to potentially millions of Mexican workers who showed contempt for our laws by illegally crossing our border and by fraudulently obtaining the Social Security numbers (SSNs) needed to qualify for old age and disability benefits.

4. Huge costs.

It is extremely difficult to estimate the potential long-term drain of a Mexican totalization agreement on the U.S. Social Security trust fund, but it has the potential to dwarf all the other agreements combined. Serious questions have been raised about the assumptions made by the Social Security Administration (SSA) and the rigor of its analysis. Inexplicably, SSA projected its estimates based on the totalization experience with Canada. The estimated number of Canadians living in the United States is 820,000 (vs. 9.2 million Mexicans).(1974) Given the fact that a totalization agreement would cover not just Mexican workers but also their spouses and dependents, it is highly likely that over time, potentially millions of people would receive U.S. Social Security benefits and the cost would be in the billions of dollars.