Will Social Security be Bankrupt in 2026?

Operation Disclosure | By David Lifschultz, Contributing Writer

Submitted on December 13, 2021

WILL SOCIAL SECURITY BE BANKRUPT IN 2026?

Compliments of the Lifschultz Organization founded in 1899

We are revising our views to a certain extent by Dr. David E. Martin’s comments where the death payments for insurance
companies did not rise in 2020 for the so-called coronavirus. This means the deaths did not rise then and there was no
pandemic in 2020. The rising death rates today are from the genetic vaccines. See footnote one for more details.

David E Martin ~ The End Game For The Elite’s!

The key point here is the death rate payments of insurance companies have not increased. When I first started looking at this in 2020 the death rates in the US showed no increase for 9 months through September, 2020. I sent that to Gates saying how could there be a pandemic with no increase in US deaths with additional comments saying the 200,000,000 influenza vaccinations over ten years had showed no material improvement and he came out publicly saying the influenza vaccine was worthless for older people. They immediately discovered 400,000 more deaths in the US, however, to support the pandemic theory which was obviously false. What is astonishing about the propaganda of the controlled media is that face masks that are harmful to the health as you breath in your own exhalations is promoted by Dr. Fauci as a vital defense against the coronavirus after he had earlier said it was useless which latter opinion is correct. So how can we believe anything that comes out of his mouth. He treats the masses as though they cannot think.

Now what is vitally important about this interview by Dr. Martin is that the death payments in the US for insurance companies have not increased. That means the 2020 figures that added 400,000 extra dead are false. Secondly, the influenza deaths have dropped drastically in the period of 9-28-2020 to 5-22-2021 to 1,675. This, too, is obviously doctored as figures have been transferred to the so-called coronavirus.

Here are some relevant influenza death figures before the drop to 1,675. Now, there is an issue as to whether there is such a thing as an influenza virus at all as it has been challenged as being a form of pneumonia but it is called influenza to sell vaccines that are worthless and dangerous to make money for Big Pharma. We say dangerous as it is vaccinations according to Robert Kennedy, Jr. that have raised the autism rate from one in ten thousand in his childhood to one in thirty-four today.

2017-2018 52,000
2018-2019 28,000
2019-2020 20,000

Dr. David Martin’s says of the 2003 patent on the coronavirus that its contents were concealed by the 2008 patent that prohibited disclosing to the public the contents of the 2003 patent. You and I cannot see what that 2003 patent represents but it is possible Dr. Martin who is a patent lawyer saw it before it was covered up in 2008 as he watches this. If the death rate did not increase in 2020 then these patents were not the problem and we will have to revise our opinions on that. The death rate has been rising now not based on the 2003 patent but the patented genetic vaccines which is the real problem. Dr. Martin believes that it is a depopulation weapon to avoid the bankruptcy of the Social Security System in 2026 and the wiping out of the insurance companies.

The key question to be addressed when reviewing medicine is whether the germ theory of medicine is correct. According to Count Leo Tolstoy and George Bernard Shaw it is a throwback to the evil spirit theory of medicine covered up by scientific jargon. If instead of searching for the germ but the cause we see the following:

The Spanish flu went around the world at a rate impossible for universal physical transmission at the same time when travel was by sea in 1918 and this has been attributed to worldwide mass inoculation for small pox. That seems the most logical explanation though one authority attributed it to the electricity rollout as he thinks that the coronavirus may be due to 5G. If the death rate payouts on insurance did not increase in 2020 we can leave those ideas behind. The key here as DDT caused Polio is that polio disappeared at the same time as DDT was stopped when the Salk vaccine started being administered. Big Pharma took credit for the vaccine preventing polio when it had nothing to do with it. It was not a germ or evil spirit but DDT. The present cause of polio is said to be the vaccine.

Shaw maintained that most of the great diseases of the 19th century were due to bad hygiene in the cities, and not germs or evil spirits. This is certainly true as the fear in Los Angeles is that the collapse in hygiene in the streets will bring back the Black Death. The cleaning up of the cities by the hygiene movement is what wiped out small pox, diphtheria, etc. according to Shaw though Jenner said all of mankind would die except for his small pox vaccination. Disease, according to Shaw, comes from dirt (lack of hygiene) and human distress. In other words, there can be pyschosomatic factors.

“The truth is, people like inoculation. Doctors love it, naturally enough, because it has solved the great economic problem of how to extract fees from people who have nothing the matter with them. And people believe the doctors.” George Bernhard Shaw

Galen said 99% of premature deaths come from degeneracy. This applied to King Solomon who had 700 wives and 300 concubines but died before half the allotted life span of the Bible of 120 years. Some men use their sole wife in this manner causing them both to die very prematurely, I covered this in the Bridget Bardot piece below which included a cancer study and its causes such as inorganic chemistry in the food chain starting with artificial fertilizer.

BRIDGET BARDOT

“I gave my beauty and youth to men”. Bridget Bardot

In this medical study below, we provide a lengthy and exhaustive explanation how the aging process can be always arrested through a high definition of virtue which if Miss Bardot had listened to as a young Catholic girl she would never have aged by simply following the holy concept of marriage taught by Saint Augustine in his “On The Good Of Marriage”. The rhythm method of birth control is regarded by the Saint correctly as a sin. Here we provide the secrets on why Sarah, the wife of Abraham, did not age being sought after for her fairness and blonde beauty by Pharaoh, King of Egypt, at 65, and by King Abimelech when she was 89 so great was her beauty then, and in the video below you will find the consequences of those who do not follow this medical analysis which is based on the holy concept of marriage of Saint Augustine. We also give accounts of other great beauties in history such as Queen Zenobia of Palmyra who did not age as Sarah. Mose lived to 120 and did not die from any disease where his facial skin did not wrinkle and the brilliance of his eyes was youthful a 120. Virtue has its own reward.

The Nuremberg Laws on Today’s Vaccinations

Here are comments by our European correspondent on Dr. Martin’s piece:

Martin has a simple and straightforward strategy of attack: to get one of the corporate Covid conspirators convicted on a felony charge which will then cripple the EUA (emergency use authorization) which, when this is revoked, will open up the companies to financial liability.

The conspiracy is a great reset on the back of a metaphysical change of what it means to be human be means of transhumanist rules and regulation. Gene editing, eugenics, vaccine dependency, registration and control of the human biome at the day of birth, through life, until the controled day of death. A total actuarial and technological control of each person. Like the nazis biopolitics of old, it is the surefire way to control humanity.

To fight this evil Martin needs to pierce the corporate shield of protection from liability in general. So only if effective felony charges against corporate patrons, directors, and executives can brought will EUA and liability protection stop. He needs to somehow pierce the corporate shield.

As for the previous lecture on the patents what is remarkable how many patents are out there on the supposed virus which is evidence of an unhealthy corporate interest into gain of function research in order to gain competitive advantage in the drug industry. What exactly the content was of the the 2003 patent and the the later one that Martin said covered it up has neve been completely clear to me, but the fact that so many patents exist on the topic is clear and patent (pun intended) evidence that there is more to this virus than meets the eye. I sent the materials to several smart students but not one dared to comment on the material although it was appreciated by most as a source of information.

The way to solve this kind of thing is to start a global EXTRA PARLIAMENTARY COMMISSION OF INQUEST AND INVESTIGATION where you have hearings not only with Dr Martin (his work can be the basis) but with any expert which offers himself or herself up as a source of public knowledge. All publicly done, everything recorded, and everything broadcast and streamed LIVE whenever new testimony takes place. It’s a sort of NUREMBERG TRIBUNAL but outside the scope and control of government in the form of an independent international TRUTH & RECONCILIATION COMMITTEE which is being helf by, for, and in service of citizens worldwide. One can take the work of Dr Martin as a premise with the objective that these things need to be investigated and broadcast. Hearings for all who want to hear and by all who would like to contribute as experts.

It’s a parallel structure which may be more effective than Dr Martin fighting alone as a David fighting Goliath. Nevertheless Dr Martin is onto something by singlehandedly attacking the New Church of Scientism & Medicine. He surely has the hallmarks of a dragonslayer. But you never get racketeering charges going if companies are backed by government and vice versa as this is the textbook definition of facism as defined since Mussolini. Those who hold the fasces (the Roman symbol of power) will use both the power of government and the power of companies in conjunction against the people. It’s the magistral class that rules and lords over the people.

Dr Martin uses law, legal argument, and the constitution against his enemies, which is great but whereas what is really needed are international tribunals. Military or citizens tribunals. Parallel structures. Nevertheless Martin thinks he will have success in the courts and indeed perhaps that prosecutors can be found who will start bringing individual cases of harm to the courts. If everyone starts denouncing the authorities at the public prosecutor’s office it will be a good beginning, this is already happening in many countries.

The table needs to be turned and people need to go on a legitimate crusade within the confines of law against any and all abuse of corporate power and law by government. Non compliance and civil disobedience become necessity for all. Force each company that collaborates with evil government dictates on their knees by walk outs, strikes, lawfare, denouncements, and public shaming. Hit them where it hurts most, in their reputations. Get organized, and start parallel structures. Write the military and the police and ask them for support for citizens. Call the fire department and ask for help. Grind the country to a complete halt.

Go full John Galt on them. Like Dr Martin.

Footnote one:

The Unthinkable:
Culling The Population To Balance The Books

By Bill Sardi with Matthew Sardi

While the public is told the preconceived COVID-19 pandemic is a calamity of unfolding proportion, that emanates from a deadly mutated virus that appears to have been “invented” in a laboratory and targets octogenarians in particular, and the proposed antidote is mandated vaccination that may have more heinous consequences than the virus itself, there is another faction that sees this catastrophe differently. Those who know what this pandemic is really all about – insurance actuaries.

It’s about balancing the accounting books. It is why progressive globalists tell us we need a reset – a financial reset. It’s really all about private bankers and life insurance companies and public pension planners having to balance their accounting books. They have to clear their ledgers of people. Americans are living too long. The pools of insurance money are exhausted. The pandemic serves as a distraction. The virus will take the blame for the planned deaths.

There is a thought in the back of many skeptical Americans’ minds that our overlords are attempting to cull the population. The US Debt Clock lists unfunded liabilities of $21+ trillion for Social Security and another $32+ trillion of unfunded liabilities for Medicare. The entire US economy (gross domestic product) in a year could not balance these accounts.

A manufactured pandemic

If you don’t believe the pandemic has been manufactured, examine the chart below. It reveals wide differences in the frequency of tests, variance in percent of positive tests (rigging the PCR nasal swab test) to come up with lots of cases (many which they said were asymptomatic!), to produce contrived case-to-fatality rates (people were dying, but not necessarily of COVID). The pandemic seems to worsen along political lines in the US.

Are we expected to believe from 1% to 28% of COVID-19 PCR tests were positive; cases per 100,000 varied by 48-fold and deaths by almost 14-fold? (see chart below)

Balancing the accounting books

To deal with impending insolvency social planners and government overlords discuss alternatives: (a) cut back on services (ration delivery of healthcare and trim pension checks); (b) increase taxes and insurance premiums; (c) delay enrollment in these programs; (d) or the unthinkable, the unmentionable, via neglect or by intention, increase the premature die-off of retirees to save these programs from insolvency.

The idea of culling human populations is not new

Don’t think the idea of covert euthanasia to solve shortfalls in public funding is far-fetched. I pointed out in 2013, Great Britain could not afford to care for all of its retirees and simply resorted to dehydrating its institutionalized retirees (murder without fingerprints) to remove them from being such a financial burden.

The biggest Ponzi scheme of all

Medicare and Social Security turn out to be Ponzi schemes – the first ones in get all the rewards as the last ones in pay for those who enrolled early into the program. Upon his retirement as chairman of the Federal Reserve Bank in 2004, Alan Greenspan asked “When are we going to tell the public we can’t afford Medicare and Social Security?”

Die on time

One rationale for engineering lifespan so people die on time is that 13-25% of healthcare costs occur in the last six months of life. Eliminate these fragile, aged, infirm, vulnerable, feeble-minded people and you have fixed your accounting books. Most of the people (99.74%) dying of COVID-19 in the U.S. were institutionalized. The virus targeted the frail elderly in nursing homes.

Lost years of life = Social Security & Medicare savings

As of October 2020 researchers estimate 2.5 million years of life may have been lost due to COVID-19 in the United States. (For reference, as of January, 2021 the years of life lost worldwide (81 countries) was estimated at 20.5 million years globally. Source: Scientific Reports Feb 18, 2021)

While that 2.5 million lost years of life number may be in dispute because of bogus PCR tests that are used to confirm cause of death, that figure can be calculated as life insurance actuaries do to come up with a guesstimation.

The average monthly Social Security today is $1543/month. These premature deaths would save $46,290,000,000 ($46.29 billion) if all of the deaths were among retirees who receive pension checks ($1543 x 12 X 2,500,000 = $46.9 billion)

The Trustees of the Old Age Survivors & Disability Insurance (OASDI or Social Security) Trust Fund “now project the OASDI annual cost will exceed total income beginning in 2021.” Only partial payments 73-79% would be possible looking forward. (Source: Bipartisan Policy Center Oct. 2020)

From an insurance actuary’s viewpoint

Here is how Social Security actuaries view the problem. The pandemic is likely to increase unemployment and reduce payroll deductions which serve as revenue to the Social Security OASDI Trust Fund. Under one scenario insurance actuaries plotted that 362,000 older Americans would prematurely succumb to the COVID-19 virus. That is out of an estimated 1.4 million aged Americans that reside in nursing homes.

The actuaries refer to this population of institutionalized Americans as “older people who would have died from other causes over the next several years.” In other words, they were going to die soon anyway. These premature deaths, induced by the virus (or maybe even the vaccines) would represent ~25% of the nursing home population in the US.

“However, unlike in most economic recessions, the potential effects from increased Social Security benefit applications will be partially offset by increased deaths among our beneficiaries due to the pandemic.”
–Social Security Administration Chief Actuary Stephen Goss told Congress today. Source: FORBES MAGAZINE 2020

Weaponized fear saves money

Another unmeasurable but powerful factor is fear. Governments weaponized fear. The fearmongering by the news media suggests collaboration in a covert agenda to cull the population. To do that, deaths are needed to spread fear. Fear spreads faster than any infectious disease.

By coding many normal deaths as COVID-19 via the notorious PCR (polymerase chain reaction) test, with false positives of 40% to 97% (hospitals having financial incentive to do so), mortality figures ran artificially high.

As fear of a mortal infectious disease spread that no one had immunity against, the masses feared going to the hospital, believing healthcare workers would transmit the infection to them.

By Spring of 2020 Medicare claims for outpatient Medicare fee-for-service claims dropped by 51%. However, the pandemic brought increased unemployment and reduced payroll deductions for future Medicare. So simultaneously there were increased savings and reduced revenues.

The public wasn’t being told that the Medicare Trust Fund was projected to be exhausted by 2024. As originally drafted in 1965, insurance actuaries had predicted Medicare would be insolvent by 1999, but legislation prolonged its death.

Now the gas tank is empty. Modern societies are unable to live up to their social contract to provide pensions and healthcare to their burgeoning population of retirees.

Longevity risk

Almost 25% of American adults now live to age 90 and beyond. This has given rise to a phenomenon called LONGEVITY RISK, the chance that survival rates will exceed pricing assumptions, in other words, that Americans will outlive their Social Security. Longevity risk is the danger that you will outlive your money. Americans are living 20+ years beyond their traditional age of retirement – 65 years.

Social Security Financing is basically “pay-as-you-go” which means that younger workers are paying for retirees. Current workers provide for current beneficiaries.

With so many Americans unemployed (official unemployed is 9 million; unofficial 16 million unemployed; actual is ~40 million). Others are given incentive not to go to work via provision of unemployment/stimulus checks, thus accelerating the depletion of pension funds because no FICA deductions are taken from the stimulus checks.

How Government Looks At Events Like COVID-19

Insurance actuaries from 27 different life insurance companies churned their data on 2.5 million death claims occurring in the first half of 2020 and compared them to prior years in regard to excess deaths. Regardless of any argument over the validity of cause of death, 6.7% of death claims were due to COVID-19. There was no significant rise in death claims in the first year of the COVID-19 pandemic. The average age at death was 79.5 for COVID-19 deaths and 78.9 for non-COVID-19 deaths.

The results of an actuarial insurance claim survey (shown below) reveals there was only a modest rise in death claims in 2020.

Another survey reveals death insurance claims for COVID-19 did not comprise more than ~5.0% of all death claims.

The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020 although they still reported $36 billion of net profit. Source: Insurance Journal May 28, 2021. The many reported deaths may have been a result of lockdown measures rather than the virus.

Lack Of Revenues Is The Primary Problem

A revelation is that depletion of the Old Age, Survivors, and Disability Insurance Tax (Social Security) trust fund is driven almost entirely by lower revenues, not excessive numbers of enrollees or deaths (see chart).

The Social Security Trust Fund needs to put reserves in investments that produce profits. Because of inflation, these funds cannot lie stagnant over the years, waiting for Americans to enter retirement and tap into their Social Security. So, these SS funds are loaned out and replaced by prioritized Federal Reserve Notes (IOUs). Then Social Security, if you can imagine, draws interest on these IOUs.

How can anybody take an IOU (called a government security) and draw interest on it when it is nothing more than a figment of imagination in the federal government’s mind? Essentially the OASDI Social Security and Medicare Trust Funds hold nothing more than pieces of paper and rely on freshly collected FICA payroll deductions to stay afloat.

The Federal Reserve bank has kept loan interest rates low to maintain economic growth (largely the real estate industry). But that same low interest rate is the yield for bonds (IOUs) held by the Social Security Trust Fund, which reduces interest income.
From May through August 2020 withholding tax receipts plunged 8.4% below the prior year’s levels. Also 2.5 million fewer Americans age 55 or older had jobs in September than in February of 2020. The employment rates of Americans age 62 or older plummeted as well, resulting in more Americans seeking early retirement and Social Security benefits. Disability claims also rose.
The endpoint

The public is largely oblivious to this ruse. Trillion-dollar bailout and stimulus legislation are reported by the news media, but not the precarious state of financial affairs overall. Flooding an economy with money generally ends up raising prices. Gasoline is above $4/gallon. Lumber is egregiously expensive. Shortages of meat and computer components are already being rigged. The objective is to drive the country into insolvency to the point where paper money is nearly worthless and the masses beg for digital currency.
Then government will issue a guaranteed basic income in exchange for freedoms. The reset will be complete. Most Americans haven’t a clue that their private enterprise, free market, private property, Constitutionally-protected right to life, liberty and the pursuit of happiness, will only be in the past tense. In the name of equity, Americans will all be poor.
It was Winston Churchill who said:

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of misery.

Five years from now

Five years from now fearful Americans will still be wearing face masks when riding in cars. According to the agenda laid out by the World Economic Forum that is driving these social, political and financial changes, no one will own anything. Vehicles will be rented on a trip basis. No one will own cars or homes or businesses. There will be no wealth, only stipends for survival. The new automobile lots are already empty, said to be due to a shortage of computer chips as new vehicle production winds down. It will be the end of America as we know it unless the mindless and naïve public comes to its senses and fights for freedom and liberty. The US will no longer be the greatest country in the world. And, to hell with any idea of an anti-aging pill. You had still better die on time.

The 2019-2020 Budget For Social Security.

David Lifschultz
THE LIFSCHULTZ ORGANIZATION
DAVID@LIFSCHULTZORGANIZATION.COM

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