Marti Oakley (c)copyright 2012 All Rights Reserved
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The fiscal cliff: How to screw ordinary Americans again
The stage show in the District of Criminals about the fictional fiscal cliff, is in full production. Democrats are busy agreeing to cut Social Security and Medicare to appease Republicans who have now “evolved” to the point where they will support [comprehensive immigration reform]. Both factions of the one party system are trying to rephrase Medicare and Social Security as “Entitlement” programs. That word swap is really important. If they can convince the general public that Social Security has somehow become a welfare program instead of an invested insurance program, it will be far easier to rob people
of their retirement investments they have been funding all of their working lives.
The Republican faction has now decided that they just have to give in on immigration reform. Neither faction of the one party system has mentioned enforcement of our laws which, as it turns out, neither faction is interested in.
Of course if you would allow the government to privatize your Social Security investments somehow that would be just peachy. You could throw at least a portion of your SS taxes into the black hole that is Wall Street and then watch it disappear into the pockets of the thugs and thieves who robbed the country blind in 2008 and 2009. In the interim, we can stand by and watch as our retirement investments are doled out to illegal immigrants.
In that sense, Social Security has become an entitlement program. If you are here illegally, and if you can prove you worked here a minimal amount of time even under a false identity, you can collect from Social Security.
“Under the Social Security Act, all earnings from employment in the United States count towards earning social security benefits, regardless of the lawful presence of the worker, his or her citizenship status, or country of residence. Immigrants [both legal and otherwise] become entitled to benefits from unauthorized work if they can prove that the earnings and related contributions belong to them. However, they cannot collect such benefits unless [or until] they are either legally present in the United States [hence the Administration's Guest Worker Program], or living in a country where SSA is authorized to pay them their benefits. [Hence an SSA office in Mexico City] Mexico is such a country.”
Democrats sell out
The offer now has morphed into “carving out sections of Medicare”. In other words…..the District of Criminals will collude to reduce your Medicare benefits, raise your rates and reduce quality of care and access. This will be done to avoid addressing the actual problems with the program. There will be no discussion on capping insurance rates, allowing negotiation of drug prices or of closing the “donut hole” that was created specifically as a gift to the insurance industry so that they could profit from selling worthless gap insurance. There will be no earnest investigation and prosecution of fraudulent claims by medical industry providers of all kinds where services never rendered are added to billing, hospital bills are padded, and other fraudulent activities go on as “business as usual”.
The well-known fraud that occurs in Medicare by unscrupulous medical providers and suppliers along with other industry players has cost Medicare billions if not trillions. Obamacare will add 540 billion in administrative, record keeping, data basing over the next ten years, to Medicare.
“Therefore, Obama’s commission may recommend a variety of tactics to strip the program: instituting benefit cuts, increasing the age in which benefits are received, and introducing a limited option for personal accounts. Also possible is the implementation of a tiny, ineffectual tax on the rich to give the illusion that everybody is making sacrifices.”
The upshot of all of this is:
Social Security is not only paying for wars, government expenses, and other non-related purposes, it is also covering the loss of revenues resulting from the welfare tax rates given to the uber wealthy and to fund illegal immigration, an activity that is bankrupting communities across the country.
Along with the admitted 2 billion per year paid out by the federal government to support illegal immigrants, each state is laboring under massive debt created by not only the failure of the federal government to enforce immigration, but also to secure the border. www.FAIRUS.org produced this state by state map showing the costs to each state for failing to act to protect its citizens from the flood of illegal immigrants. Now, add all that to the 2 billion in federal funding. Guess who is paying the bill to support illegal immigration?
With the country foundering in debt, the idea that the jackasses in the District of Criminals along with the president have decided the way to handle it is to bury us deeper by encouraging an increase in the flood of illegals, actually setting up a White House web page telling them how to go about obtaining social benefits that we will have to finance is unconscionable.
I for one have absolutely no concern for people who gained entry to the US by breaking the law. These are NOT refugees. These are not people fleeing poverty, genocide, famine or war. They come mostly from Mexico, a very oil rich nation and one which is creating an average of 700 thousand new jobs each year. I do not feel sorry for people who supposedly jeopardized their children by exposing them to the elements along the border. What responsible parent does that? I do not feel responsible for educating, housing, providing medical services or any other benefit to illegal immigrants. I do not feel sorry for them or feel any obligation to them for their care and keep.
It seems strange to me that these same people along with immigrants from mid-eastern countries and the poor and impoverished from countries such as Somalia are dumped here, encouraged to come here and protected by our government once they are here. The Latino’s openly express their hatred of us and those who come from other countries we are told, hate us. So why are they so determined to get here?
We are told our lifestyles are too lavish and that we must pay a penalty for that. Apparently the penalty is being turned into a third world sewer where everyone is impoverished and living in squalor.
As for the national debt, I do not consider myself liable for it. I did not at any time ever agree to pay the debts accrued by the federal corporation. Let those who created that debt, who profited from the corruption, pay the debt out of their own funds. My senators and representatives did not have the authority to saddle me with a debt that was created by availing themselves of my Social Security investments and by their treasonous support of an invading population devoted to the destruction of the USA.
In my opinion, secession is not the answer. We need to clean house and senate. Get rid of career politicians and end the fictional two party system. We need our governors to stand up and nullify any compliance with illegal Executive Orders which have no force of law except in the District of Criminals, insular possessions and territories, unless our governors AGREE to those orders.
We are being sold off and traded as nothing more than human commodities. Our so-called government is so detached from us that we can no longer trust them on any level.
Our strength is in our states and our sovereignty as states. Revoke all corporate contracts with all federal corporation agencies. Get the federal government out of our states and start conducting our own business within the constraints of the Constitution.
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http://www.gao.gov/new.items/d03993.pdf
http://ppjg.me/2011/02/17/social-security-is-not-an-entitlement-program/
Dec 04, 2012 @ 02:24:12
Louie, I could not agree with you more. I bristle when the majority of my income is referred to as an “entitlement”. I’ve found that the important thing about getting the numbers across to people is accuracy. If an error is found in your calculations, you have lost them! If your numbers will stand the test of their calculator, you will have won them over to whatever the numbers reveal.
Remind your representatives that it is ‘just a math problem.’
Regards, Dan
Dec 03, 2012 @ 20:19:46
Dan, I didn’t do the calculation on that post, I don’t know who the author is, but it did seem to be worth passing the article along. We should all probably recheck the figures, as you did. The bottom line is that Social Security is EARNED RETIREMENT INCOME.
Dec 03, 2012 @ 04:16:59
Louie Cocroft, Permit me to massage your numbers a bit.
You wrote: “If you calculate the future value of your monthly investment in social security ($375/month, including both your and your employers contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you’d have more than $1.3+ million dollars saved!”
For your model to work we must use an interest rate of 8%.
Presuming the nest egg of $1,309,127.94 can be reached after 40 years of employment, there is good news to be had.
Actually, the standard deduction for Social Security equals 6.2 percent of the employee’s salary. Matching by the employer brings this to 12.4%. The rest goes for Medicare.
Using these numbers then, your model looks like this.
The F.I.C.A. deduction totaled 12.4% of our income before taxes. If you averaged $30K per year over your working life, that’s close to $148,800 invested in Social Security.
If you calculate the future value of your monthly investment in social security ($310/month, including both you and your employers contributions) at a meager 8% interest rate compounded monthly, after 40 years of working you’d have more than $1,082,212 (million) dollars saved! This is your personal investment.
Upon retirement, suppose you took out only $3,277 per month, (almost two-and-two-thirds times more than today’s average Social Security benefit of $1,230 per month, according to the Social Security Administration (Google it – it’s a fact.)
If your nest egg continued to earn a mere three percent (3%), at the end of fifteen years (age 80) you would still have $952,504.59 left in your account.
Like an elder statesman/former president, way over-qualified for the job, has said, “It’s just mathematics.”
Dec 03, 2012 @ 01:47:10
very true marti and it is sad to say. the crooks just keep stealing and spending
our money and it will not stop.
Dec 02, 2012 @ 17:27:55
Author unknown:
Have you noticed, your Social Security check is now referred to as a “Federal Benefit Payment”?
The government is now referring to our Social Security checks as a Federal Benefit Payment.
This isnt a benefit its earned income!
Not only did we all contribute to Social Security but our employers did too.
It totaled 15% of our income before taxes.
If you averaged $30K per year over your working life, that’s close to $180,000 invested in Social Security.
If you calculate the future value of your monthly investment in social security ($375/month, including both
your and your employers contributions) at a meager 1% interest rate compounded monthly, after 40 years of
working you’d have more than $1.3+ million dollars saved! This is your personal investment.
Upon retirement, if you took out only 3% per year, you’d receive $39,318 per year, or $3,277 per month.
Thats almost three times more than todays average Social Security benefit of $1,230 per month, according to the
Social Security Administration (Google it – its a fact).
And your retirement fund would last more than 33 years (until you’re 98 if you retire at age 65)!
I can only imagine how much better most average-income people could live in retirement if our government had
just invested our money in low-risk interest-earning accounts.
Instead, the folks in Washington pulled off a bigger Ponzi scheme than Bernie Madoff ever did.
They took our money and used it elsewhere. They forgot that it was OUR money they were taking.
They didnt have a referendum to ask us if we wanted to lend the money to them.
And they didnt pay interest on the debt they assumed.
And recently, theyve told us that the money wont support us for very much longer.
But is it our fault they misused our investments?
And now, to add insult to injury, theyre calling it a benefit, as if we never worked to earn every penny of it.
Just because they borrowed the money, doesn’t mean that our investments were acharity!
Lets take a stand.
We have earned our right to Social Security and Medicare.
Demand that our legislators bring some sense into our government
Call it what it is:
Our Earned Retirement Income.
Dec 01, 2012 @ 19:58:55
The social security surpluses in the past were used to fund the government.If taxes were higher the government would not have to borrow so much from China and other sources. Our national debt would be lower and it would be more likely that we could pay off the special social security bonds.
Dec 01, 2012 @ 00:45:34
Reblogged this on ISM Group, Inc..
Nov 30, 2012 @ 23:23:47
Reblogged this on Screenshots and commented:
You can follow patriot writer and truth researcher Marti Oakley on Twitter @MartiOakley .
Nov 30, 2012 @ 18:31:42
Thanks, Marti, for this contribution to the conversation–unique in that it reeks of common sense.
Remember common sense?
Probably not, if you are a member of the cabal of satraps we’ve sent to D.C.
Nov 30, 2012 @ 18:03:20
Amen! MsOakley! Amen Amen Amen!