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Government Promises to Cut Social Security in Urgent Compromise

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Friday, February 25, 2011

It’s official, national austerity measures are here!  As Wisconsin protesters fill the streets because of lost rights and benefits to workers, the nation is gearing up to face similar losses with social security being cut.  Comedian George Carlin warned us that this day would come:
GEORGE CARLIN: Who really controls America?

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Psssst. Social Security. Can You Spare The Gov Another Trillion?

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 W.R. McAfee, Sr.

Copyright © 2011 by W.R. McAfee, Sr.  All rights reserved.

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“Somewhere in a closed room—Washington, New York, hard to say— there is, in my opinion,  talk of  phasing out the most successful government program ever initiated for the common folk because the banksters, who’ve  openly  taken over the government’s finances are either unwilling  to bail it out or, since there’s not enough left in it to steal, are thinking about just shutting it down.   

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Today’s elected thieves, Wall Street crooks, and international banking cabal are trying to sell Social Security’s demise to the country in the midst of the financial shutdown they’ve engineered with its accompanying 15 million unemployed and a 22% unemployment rate  (Click here to view link) .

Without Social Security, millions more would become as desperate as the unemployed.

Desperate people are malleable people if you’re trying to sidestep a Constitution and force an elite-appointed global government on them. More

Social Security is not an “entitlement” program

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Marti Oakley(c)copyright 2011 All Rights Reserved

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Social Security is an investor funded program that has also been used to fund the government, it is NOT an entitlement program nor was it intended to be any form of welfare.  The “entitlement” the government speaks of would be more aptly applied to them; they feeling they are entitled to avail themselves of our investments and use that money for whatever they choose to. 

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A long coveted cut to Social Security and Medicare is going to happen.  This will occur for reasons none of the politicians in the District of Criminals will ever speak about publicly.  There is far more at stake here than what the District terms an “unfunded liability”.  When you hear those in the District speak about this liability, you need to understand what they are really saying.  This is an intra-governmental debt, meaning; a debt accrued within the government. It is a liability to the federal government because it is owed to “you” and they have no way of paying it back without taxing you more heavily.  You are the “full faith and credit” of the United States corporation.  That means government runs up the bills and we pay it. 

The federal government now includes Social Security in its debt portfolio, not because the program is insolvent or ever was, and not because the Federal government has to fund it in any sense (SS is funded by your investments) but because the Federal government has stolen so much money from the fund, then sold special treasury securities on those stolen funds to countries like China to finance the massive debt accruing across the board.  Since there is no chance the national debt can ever be repaid, the Fed is now in the position of finagling the discharge of internal debt from the books.  Look at it as a form of back door bankruptcy. 

The federal government DOES NOT fund Social Security!  Social Security funds the federal government.  More

The Social Security Scam – Why all taxpayers must file income tax returns

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Live Link: Llstuler.wordpress.com

Reprinted with permission

 This site will forever end the conflict between the various “tax honesty movement” groups and the enforcement of the internal revenue laws.  First of all, when dealing with the federal government of the United States, one must learn the definitions of the government’s legal “terms”.  So let’s start with the definition of the term “taxpayer”.

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The Social Security Scam – Why all taxpayers must file income tax returns

          You have been told that Social Security is an insurance program run by the federal government.  You were led to believe that your income would be taxed at a certain rate for the cost of the program.  Then in times of medical emergency or upon retirement you would be eligible for Social Security benefits.  On the surface, this would seem to be an equitable arrangement.  

          But the federal government failed to fully inform you as to all of the other ramifications of applying for a Social Security number.  For instance, did you know that you became a federal employee?  Well, you did – specifically you became a member of the Merchant Marine.  You also became an employee of a corporation that is involved with importing to and from the U.S. possessions.  Another consideration is that if FICA is based upon a percentage of your earnings, then the government has somehow been granted the right to know the amount of your income and the sources of your income – this is not a hallmark of freedom.  These statements and more will be evidenced by the actual federal statutes and regulations further on this page.

          Like all great magicians, the federal government has you looking at the obvious while hiding the basis of the trick that the magician is performing right in front of your eyes.

          Lots of Americans have questioned the legitimacy of the personal income tax, but it seems that everyone just loves the Social Security program.  Social Security is the sacred cow that no one is ever supposed to criticize.  Oh, sure, some claimants of Social Security find fault with what claims are denied or only partially funded.  And lots of people are now pointing out that Social Security is not going to be solvent in the near future.  But up till now no one has questioned the legitimacy of the Social Security program.  Well, that time has come. More

Are “Guaranteed Requirement Accounts” in Your Best Interest?

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Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED

For the purposes of this satirical piece, one will need the following definitions to assist in decoding the secret methods of stripping away the populations nest egg.

SSA : Sorry Suckers All gone : Formerly known as Social Security Administration

AARP : Another Association Ripping off People : Formerly known as American Association of Retired People

GRA : Grab Retirement Assets  : Guaranteed Retirement Accounts

Introduced in the past have been Bills indicating that American Corporations are being irresponsible with their employees monetary investments (401K/IRA) and that the simple little American Folk need protecting from the big bad businesses. In order to do this, Administrations in the past have helped the under-informed idiots (us) by setting up programs that are designed to “help” us save for retirement. Seeing as the Federal Government has done such a fine job with the SSA program (never mind that for the first time since the overhaul in 1983 the program is in the red, is projected to be “less bad” and then recover nicely until it fails again in a few years) – history shows that another “assistance program” might not be such a great idea.

“While defined contribution plans have some strengths relative to defined benefit plans, participants in defined contribution plans bear the investment risk because there is no promise by the employer as to the adequacy of the account balance that will be available or the income stream that can be provided after retirement.” And furthermore, “The Agencies are considering whether it would be appropriate for them to take future steps for them to facilitate access to, and use of, lifetime income or other arrangements designed to provide a stream of income after retirement.”

We’ll just put that little data point at the back of our “unevolved-cannot-make-decisions-for-ourselves” brains until we work forward with this problem. More

The Unpleasant Truth of Depending on EMRs (ObamaCare Mandate)

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Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED

Imagine if you will an alternate universe. One where people, thousands of them, can disappear in a few weeks time. Well one Veteran doesn’t have to imagine, because he found out he apparently didn’t exist. At least not all of him…..

George Wincapaw thought he was getting some strange requests from the U.S. Department of Veterans Affairs.

The 63-year-old Vietnam War veteran had had several heart attacks since leaving the Navy, submitting enough paperwork on them to amass a two-volume file at the Veterans Benefits Administration office. But in response to his most recent claim, submitted earlier this year, the office was requesting copies of medical records Wincapaw had already submitted.

Curious, he traveled from his home in Oconomowoc to the VA regional offices in Milwaukee to look at his medical file. What he found shocked him.

He wasn’t providing duplicates. Dozens of his medical records were missing.

Then the public contact representative with whom he was reviewing his file broke the news: An employee had been fired from the Veterans of Foreign Wars, Wincapaw’s representative agency, for destroying veterans’ records.

An official with the state VFW, which handles thousands of such cases a year, told Public Investigator the employee had shredded nearly all its veterans files – no one knows how many – after making a unilateral decision to go “paperless. More

Voodoo Economics: The return of Republican fascism

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Marti Oakley (c)copyright 2010 All Rights Reserved 

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I remember back during the Reagan Administration when “trickle down” economics was first introduced.  The idea was marketed as “ we give huge tax cuts to the wealthy and they will in turn re-invest in America and create jobs”; this was a win/win for the country.  After all, if you tax the people creating jobs, supposedly they won’t be able to create jobs.

This plan, was marketed to the public as an economic theory and plan that just couldn’t lose.  If America’s workforce would just bear the brunt of heavy taxation with no special loopholes, hedges, deductions or other tax escape mechanisms provided to the wealthy,  the wealthy would create vast and wonderful high paying jobs.  The benefits of relieving the wealthy and corporations from paying taxes on 100% of their income or profits would magically “trickle down” to the working class.   

It worked!  They did create jobs; in India, Pakistan, China, Taiwan, Mexico and any other nation where returns on investments could be predicated upon slave labor wages and government protection. Oh…and they then got to ship their crappy products back into the US tax free and we got Austin (a.k.a. Abdul) answering the phones for many major corporations.  

The wealthy invested alright; in everything and every place but America.  The economic bleeding from the US to foreign markets accelerated to such a rate that businesses literally disappeared overnight and took with them the jobs needed to keep America working.  Off shore accounts were set up to provide fictional business addresses for the stashing of funds, assets and anything else of value in order to avoid US taxes.  

The only thing that trickled down to the working and middle class was diminishing wages, a lower standard of living and increased costs of living.  Oh, yeah….and taxes went up too….but not on the wealthy.  The Reagan years marked a major event in the redistribution of wealth as the middle and working classes were relieved of ever increasing amounts of annual income and the country’s wealth was redistributed to those in the upper 3% and to corporations. More

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