Senator Tommy Tuberville, an Alabama Republican, on Thursday characterized Social Security as a “scam” and a “Ponzi scheme,” using a speech on the Senate floor to advocate for allowing Americans to retain and independently invest a greater share of their retirement savings.
Tuberville, who is a member of the U.S. Senate Special Committee on Aging, argued that mandatory participation forces workers to contribute to a federal program that may ultimately fail to deliver expected benefits.
“It’s happening in broad daylight before our very eyes. Politicians here in Washington know what’s going on, but they refuse to speak about it,” the senator said.
“For decades now, the American people have paid into Social Security each month without having any idea if they will ever see a cent of the money that they put in. Since being signed in the law in 1935 by Franklin Delano Roosevelt […] Americans’ money has been going in the front door of the federal government and then going right out the back door.“
This fool is the Republican candidate for governor of Alabama. And he likely will win. After all, this is Alabama we are talking about.
It’s like the ending of the 1993 movie “Chinatown” — the last scene in which the old detective said to Jack Nicholson’s character: “Forget it Jake — it’s Alabama.”