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The New CRAP-italism: Amnesty traded for killing Social Security

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new-logo25Marti 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 peoplerydencarrot.jpg 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.

GAO report

“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. More

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Trade Agreements: CRAPitalism at its best!

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 Marti Oakley (c) copyright 2011 All Rights reserved


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In my humble opinion:

The ramming through Congress of three more economy busting trade agreements on Wednesday October 12th, 2011 should have the citizens of every state demanding their respective Senators and Representatives who voted to push these corporate agreements through, return home to face ejection from office and possible prosecution.  These agreements will cost the US hundreds of thousands more much needed jobs and further reduce our wage base and standard of living.  I have concluded that Congress knew exactly what they were doing, what the long term repercussions would be, then voted against our best interests.  At the very least this is malfeasance of office.  

Let’s Defund Congress More

Pick your “ism”: Capitalism vs. CRAPitalism

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Marti Oakley

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From 1948….a 10 minute cartoon about signing your freedom away in exchange for an “ism”.  This could have been produced today especially in light of the passage of three more unconstitutional trade agreements rammed through congress against the best interests of the people. 

Free trade and Capitalism is not the same as privileged trade and CRAPitalism.

Be careful what you wish for……you may get it.

How dare they call Social Security “welfare”?

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www.anationbeguiled.com

Forwarded by “Old Dog”

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I Paid — Didn’t You?

Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that’s close to $220,500.
 
If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working you’d have $892,919.98.
 
If you took out only 3% per year, you’d receive $26,787.60 per year and it would last better than 30 years (until you’re 95 if you retire at age 65) and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month.

The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madhoff ever had. More

Why the District of Criminals is desperate to kill Social Security

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Marti Oakley (c)copyright 2011 All Rights Reserved

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This is what the District of Criminals is trying to eliminate, the calling in of all the monies stolen from Social Security, due and payable to the investors in Social Security; the working class.  Should the fund actually ever incur a shortage, the Social Security Administration could lawfully force the federal government to borrow money to cover the theft and to restore the 2.7 trillion stolen so far from the fund. 

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According to Obama, he could not guarantee that Social Security checks would go out on time if an agreement was not reached on raising the debt ceiling.  Really? And just what does Social Security have to do with the unfettered and mindless spending that goes on in the District of Criminals, sanctioned by one president after another? From the CBO graph above, you can see that 40% of all receipts in the federal government come from our FICA investments.  They have re-designated our investments as “receipts”, as revenue for their use.

What will never be admitted by the District of Criminals is that if the federal government stopped seizing the surplus today, the fund would remain solvent.  The projections thrown out continually of just when the fund will run short are all premised on the continued theft of the surplus from invested workers.

The fact is that Social Security has nothing whatsoever to do with raising the debt ceiling unless of course you take into account the fact that 19.5% of the money owed by the federal government, is owed to Social Security as a result of decades of theft from that fund.  This is an intra-governmental debt; a nice way of saying we continue to steal money from the investments in Social Security to pay for lots of other crap that benefit, us and our friends. The intra-governmental debt is accrued when money is stolen from one designated fund and used for anything and everything else.  It is not money borrowed externally from countries like China and it is not money borrowed from the Federal Reserve.  It is money collected as an investment for retirement that was seized and redistributed by the government to other government entities, agencies and programs to cover the loss of revenues generated and accrued after successive tax cuts for the upper 3% and corporations. 

Retiree’s were held for ransom and dangled in front of the public as bait, but not one of those haggling over this confessed to the fact that Social Security continues to produce an annual surplus which is immediately seized by the federal treasury (IMF) and used for other purposes. 

As noted here:  Since the Greenspan Commission in the early 1980s, Social Security has cumulatively collected far more in payroll taxes dedicated to the program than it has paid out to recipients—nearly $2.4 trillion by 2008. This annual surplus is credited to Social Security trust funds that hold special non-marketable Treasury securities, and this surplus amount is commonly referred to as the “Social Security Trust Fund“. The proceeds are paid into the U.S. Treasury where they may be used for other government purposes.” More

CRAPitalism: Liquidating the elderly: Part 2

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Marti Oakley (c)copyright 2011 All Rights Reserved

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We are on the verge of seeing the boomers, who have contributed FICA taxes for 40 years or more, pauperized.  Obama and the Gang of 6 (A very apt name, this is a criminal enterprise) are about to chop up SS, and medicare rather than cut costly and useless government programs or shutting down any of the unlawful federal agencies that suck the lifeblood out of the country. 

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It is an amazing thing to me to hear those in the District of Criminals continue to spew the mantra that increasing taxes on the wealthiest will somehow cost us jobs.  Knock! Knock! Puddin’ heads!  WE got no jobs!! We have an admitted 22 million out of work. What is your excuse now?  Where are those jobs you promised if we treated the wealthy preferentially and absolved them of any meaningful responsibility to our country?

I believe the excuse for not taxing the wealthy has long since been exposed as fraud.  The wealthy do not create jobs, at least not here in the US. The wealthy do not invest in America to any great degree.  The wealthy are not willing to make any sacrifices in order to help stabilize the economy and reduce the national debt.  Why this privileged class is allowed to exempt themselves from the burden the rest of the country has to shoulder is a nagging question many of us are asking.  Maybe God could put a word of knowledge on the hearts of some of those pious Republicans who would see most of us destitute before they called on their wealthy friends or corporate donors to contribute. 

Why is it you will tax small business owners and working class people into oblivion but refuse to tax pirating corporations and uber wealthy individuals and families that are plundering the economy and the country?  

At what point did these hard core, bible thumping, scripture quoting right wing fanatics decide that it was morally acceptable to relieve their best wealthy friends (and themselves) along with mega corporate donors from any meaningful responsibility in sacrificing for the national debt, but it was just fine and damn dandy to go after the elderly and disabled after decades of plundering the investments in Social Security. 

Obviously it is far more acceptable to put the screws to the elderly, retired or disabled rather than ask those skimming the cream off the top to contribute one damn thing to this country. 

Killing Social Security More

CRapitalism: The Liquidating of America/ Part 1

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Marti Oakley (c)copyright 2011 All Rights Reserved

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“we have a system of privileged corporations using the congresses, the presidents and all the alphabet soup agencies to enact and enforce oppressive legislation, regulations, rules, and other enforcement instruments to drive independent competitors from the markets,”

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I had to look up the definition of capitalism just to make sure my understanding of that concept was accurate.  It was.

Capitalism defined by Merriam’s Online

: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

While I hear one politician or another extolling the virtues of free markets and while these same corporate hiney huggers along with successive presidents admonishes us that we must participate in the global economy, I find myself wondering just how bad the negative effects of the global economy have to become before someone cries “uncle”!  As in “Sam!”  

CRapitalism defined: More

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