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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

“LIVABLE COMMUNITIES” is a SOCIALIST TRAP!

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 09-07-2010 4:34 pm – Tom DeWeese – American Policy Center
Senator Christopher Dodd has introduced a bill to enforce UN Agenda 21 policy on your community. It’s called the “Livable Communities Act” (S.1619). It will destroy your community. Here’s why:

S. 1619 “Livable Communities” act is on a fast track to passage!

S. 1619 is a blueprint for the transformation of our society into total federal control.

S.1619 will enforce federal Sustainable Development zoning and control of local communities.

S.1619 will create a massive new “development” bureaucracy —
(development Czar?)

S.1619 will drive up the cost of energy to heat and cool your home.

S.1619 will drive up the cost of gasoline as a way to get you out of your car.

S.1619 will force you to spend thousands on your home in order to comply.

S.1619 is NOT Voluntary – it will set up $4 billion in grants (TAX MONEY WE DON’T HAVE) that will force your community to comply.

Here are the facts:

Sen. Christopher Dodd (D-CT) has authored a bill S.1619 titled the “Livable Communities Act.” It is one of the most dangerous bills to ever threaten our liberty. Worse even than the Obamacare scheme. 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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