

How Many Are Collecting Social Security Who Shouldn’t Be?
Feb 18, 2025
Prepare to be astonished by the jaw-dropping discrepancies in Social Security records. Millions are reported as alive, despite exceeding human lifespans, raising suspicions of corruption and errors. A shocking audit reveals 400,000 individuals over 100 are erroneously receiving payments, suggesting enormous financial waste. The discussion dives into the broader implications of these systemic issues and highlights the urgency for better government oversight. Plus, there's a fascinating look at investing in precious metals as a safeguard against economic turmoil.
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Social Security Database Anomalies
- Elon Musk's team found anomalies in the Social Security database, suggesting potential fraud.
- Millions of people over 110 are listed as alive, and the database has 61 million more entries than the US population.
COBOL Coding Issue Explanation
- Justin Wolfer attributed the database anomalies to a coding issue with COBOL.
- He claimed that missing birthdates defaulted to 150 years ago, but this was proven incorrect.
Undocumented Workers Explanation
- Justin Wolfers then claimed undocumented workers using fake SSNs caused the discrepancies.
- He argued they pay into the system but can't collect, subsidizing it for "natives."