No, Musk hasn't uncovered fraud at Social Security
By Justin Fox / Bloomberg Opinion
Last year, it suddenly fell to me to manage the affairs of a couple of ailing and now deceased elderly people (my parents-in-law). As anyone who has been through this ordeal knows, it involves spending lots and lots of time on the phone and online communicating with banks, insurers, medical billing departments and other service providers.
The experience offers a useful perspective on the efficiency and responsiveness of various institutions. The worst were, big surprise, a cable company and a health-plan administrator. Banks varied in their customer service, with small banks generally more pleasant to deal with than big ones, although I did find it endearing of big bank Capital One that I could always tell my question was about to be answered or problem solved when my call was finally transferred to someone with a Southern accent.
One organization stood out from the rest for its sheer, ruthless efficiency: the Social Security Administration. I called only once, and with a predicted wait time of more than an hour opted for a callback. A representative did and informed me that the thing I wanted to ask her to do (adjust benefits to reflect the death of a spouse) had already been taken care of.
The SSA summarily pulled just-deposited payments out of bank accounts (because the recipient had died), in one case before I even had death certificates in my hands. But it also followed up quickly after the second of those removals, acknowledging that it now owed a little money and asking for details of next of kin to send it to.
https://www.heraldnet.com/opinion/comment-no-musk-hasnt-uncovered-fraud-at-social-security/

Lovie777
(17,854 posts)FAFO and it won't be kind.............
Girard442
(6,609 posts)Quite possibly he conned himself too.
LetMyPeopleVote
(161,418 posts)It’s one thing for Musk to peddle bogus claims about imagined Social Security “fraud.” It’s something else when he targets the system itself.
https://bsky.app/profile/jessicamullen.bsky.social/post/3ljizbss5l22i
Link to tweet
https://www.msnbc.com/rachel-maddow-show/maddowblog/elon-musk-slams-social-security-ponzi-scheme-sparking-new-concerns-rcna194538
But the problem is not limited to Musk’s falsehoods. After all, the fact that he’s plainly wrong might not be consequential at all: Musk claims to have found “fraud”; reality proves otherwise; and we all move on with our lives. Right?
Well, maybe not. Making matters worse is the apparent fact that the donor helping run the executive branch in 2025 has a problem with the Social Security system itself. USA Today reported:
Elon Musk sharply criticized Social Security in a Friday podcast interview with Joe Rogan, labeling the critical elder benefits program a “Ponzi scheme.” Musk, who is the world’s richest man and an increasingly powerful adviser to President Donald Trump, also described the federal government as “one big pyramid scheme.” Musk is a leading figure in the administration’s effort — largely through the Department of Government Efficiency — to cut costs and dismantle the federal bureaucracy.
And it’s at this point where the offensive becomes tougher to shrug off
Indeed, let’s take stock. Trump has put his top campaign donor in a position of enormous authority, despite Musk’s unfamiliarity with basics of governing. This same donor regularly peddles falsehoods about Social Security, keeps suggesting there are people receiving benefits checks that shouldn’t exist, is helping advance thousands of layoffs at the Social Security administration and, in case that weren’t quite enough, is condemning the structure of the popular social insurance program.
It’d be tough to blame someone who relies on Social Security for feeling a bit nervous right about now.
“You don’t need to scratch your head and wonder what’s going on when you see that the Trump administration is decimating Social Security offices and staff,” Senate Minority Leader Chuck Schumer said in a statement. “And you don’t need to ponder what might happen next when Elon Musk, the richest man in the world, says that the tens-of-millions of seniors, families, and children who depend on these earned benefits are part of some scam — because that’s a real threat and a real promise: they are coming for your Social Security.”
Musk and trump are going to try to cut Social Security, Medicare and Medicaid
Yo_Mama_Been_Loggin
(121,347 posts)Cyber currency is the Ponzi scheme you fucking asshole.