Whadda Ya Mean It’s A Big Scam? (SSDI)

No, really?

A two-year investigation by the Senate Permanent Subcommittee on Investigations has found widespread fraud in the Social Security Administration’s Disability Program.

The fraud is so rampant, and disability cases have so proliferated in recent years, that the Social Security’s Disability Trust Fund may run out of money in only 18 months, says Sen. Tom Coburn, R-Okla., whose office undertook the investigation.

It took an investigation to figure this out?

Disability numbers have skyrocketed since 2007.  You want to somehow sell someone on the idea that there was some sort of magical change that happened when the recession hit to cause this?  People suddenly became disabled that formerly were not?

Oh do come on.  Coburn’s so-called “investigation” may be valid (it is) but the real outrage is that it took anything other than a quick look at the numbers to determine that this has become the latest way for people to loot others — specifically, the taxpayers.

The real problem is that looting has become such a sport in this country that I am no longer surprised by any of it.  We have had banksters, the entire medical system and colleges ripping people off for decades and the lack of prosecutions along with the passage of “special privileges” under the law to prevent future prosecution has led people to conclude that if they’re gonna do it, so am I if I can find a way to get away with it.

Well, they found a way, at least so far.

I don’t believe for one second that the people who have scammed the system (and that would be, I suspect, themajority of them who were “added” since 2007) will be shut down and prosecuted for their false claims.

After all, it’s a nice way to “goose” the economy to hand them money to spend when they are otherwise unwilling — but not unable — to get off their ass and go to work.

The Market-Ticker