Social Security Overhead Scandal.
Has anyone noticed the mysterious annual financial reports posted on the Social Security website that have had all the pages with numbers on them removed?
How does it serve the people for Social Security not to reveal what the missing pages contain?
In the "Anguillian" of 19 January we saw some self-serving data issued by Social Security. Most of it was hype, but we see, possibly for the first time this has ever been revealed to the public, a breakdown of how their overhead compares with the benefits paid to the people.
According to the graph, the benefit expenditure for 2006 was about EC$5.2 million and the total expenditure about 9.2 million. Five from nine leaves four. Over 43% of the Scheme's expenditure goes to overhead! I am astounded to learn that it costs us $4 million a year to keep the books and administer this trust fund.
Just as a comparison, let us look at the last available national budget, ie, for 2005. In that year, it took:
$1.6 million to run the AG's chambers
$5.5 million to run the entire police "service", with 88 staff
$1.4 million for Immigration - 35 staff
$.3 million to administer some 1500? work permits by the Labour Dept.
$2.4 million for Customs - 58 staff
$1 million for HM Prison - 23 staff
Easy dog bite hard!
I attach a suggested illustration for this topic: A slave deck.