Posted on 12/31/2004 12:12:19 AM PST by JohnHuang2
Friday, December 31, 2004
Social Security can't be saved
By Devvy Kidd
There is a lot of buzz these days about "saving" Social Security. For decades, presidents have been feeding the American people the same old drivel about saving Social Security, the "sacred cow" of politics. For the past 40 years, presidents have declared their intention to save and reform Social Security, i.e., Bill Clinton's State of the Union addresses always carried practically the same sentences: "... we must agree to a bipartisan process to preserve (save) Social Security" (1997); "... we must save Social Security for the 21st century" (1998); "... we must save Social Security for the 21st century" (1999).
Of course, none of this reforming has ever come about and because this is a mathematically flawed system, it can't be saved. The only result of all this chatter has been greater expansion of programs under Social Security, further luring Americans into dependency. Unfortunately, the American people didn't heed the warnings when FDR rammed through Social Security and his "New Deal."
"The New Deal will bring the Communist Party within striking distance of overthrow of the American form of government," (1935) Arthur Henning, Chicago Tribune.
"The New Deal is to America what the early phase of Nazism was to Germany," (1935) Mark Sullivan, Buffalo Evening News.
Ironically, in the same year, Feb. 7 to be exact, John D. Rockefeller was printed by the Department of Justice to kick off a public campaign for a national fingerprint registration law.
In 1932, William Z. Foster, then chairman of the Communist Party USA, authored a book titled, "Toward Soviet America." On page 281, Foster states that in order to Sovietize America, there would have to be social insurance against unemployment, an old-age insurance (Social Security), free medical services as well as socialized housing. Three years later, Social Security was up and running and the rest has fallen neatly into line to meet communist goals in America.
Think tanks which make their living writing about how to "fix" Social Security have been talking up their latest ideas which amount to nothing more than rehashing the same old worn out Band-Aids. Popular conservative columnists and talk-radio hosts parrot the same, Republican or Democrat. Few ever get to the meat of the legal details. Remember: There's no money in the cure, only the treatment. Before one attempts to fix this federal taxing scheme cleverly called "Social Security," they must understand how it works – something politicians religiously avoid telling the American people.
Social Security was ruled constitutional the second time around by the Supreme Court because it is a voluntary program. No one can be forced to participate, numbers are not automatically issued to anyone, they must apply for one through the Social Security Administration. There is a provision in the National Intelligence Reform Act of 2004 passed by the Republicans and signed into law by Bush that will require Social Security numbers on a national ID. This will be challenged in court, so stay tuned on that one.
The Social Security Administration merely keeps a bookkeeping account which credits you with a certain amount and when the times comes for the government to "let" you retire, you apply for whatever pittance in benefits the system will allow. The government doesn't want you to know this system is voluntary and they won't "let" you out unless you know the law – and even then, it's a fierce battle because of corrupt federal judges. This is a grotesque travesty of injustice against the American people. The system is parasitic and needs victims to stay in business ... even to the point of lying to the American people about how it works. Most Americans aren't even eligible to apply for this insidious number, they're tricked into applying. That is a legal fact.
Social Security has been a political football for over 60 years. The Democrats use it as a scare tactic each election and the Republicans spend an equal amount of time trying to counter this meaningless rhetoric. Lawyers make tens of millions of dollars on perpetuating this federal taxing scheme. It's time to expose this game for what it is and the only real solution – a solution which will be embraced by the American people once they understand how it will benefit them.
Social Security can't be saved, but it can and must be funded for those who need it. There are sufficient funds to meet the debt load for this obligation, but let this communist-inspired system die out a natural death.
First, learn the facts about Social Security and what the law actually says. Then demand Congress and Bush implement the only solution that will work and in the long run will best serve the American people by getting government out of our lives and stop telling us when we can retire, when we can't and how we will save for our own retirement. That isn't government's job, it is a personal responsibility for a self-determined, independent people.
This won't happen until millions of Americans demand a final solution and not decades more of the same old political slogans about "saving Social Security."
FINALLY.
Someone gets it.
Social security in this country, like public education, is simply NOT salvagable. It has few if any intrinsic merits that cannot be found elsewhere without the major flaws that inevitably accompany it.
"It has few if any intrinsic merits ..."
Try telling that to anyone over 65 who is now receiving their monthly entitlement check. Social security is the most popular welfare program in history.
Excuse me but they are entitled to every cent stolen from them and their employer with interest. I my case at a paltry 3% interest it's about one million dollars.
Social Security is the biggest Ponzi scheme ever devised. The gov't should consider discounted lump-sum buyouts.
I knew you could....
L
What's the solution?
The old folks don't want to give up their benefits. The young folks don't save enough for the future. Somebody has to sacrifice, but who?
But regardless of how popular it is, it's still a welfare program, & therefore unconstitutional at the federal level. I myself am on SS Disability 'cuz I'm legally blind & have epilepsy, but only 'cuz my family sent me kickin & screamin to get on the government dole. I look forward to the day when the Feds get their nose out of this issue & let the states & the people decide for themselves how to plan for their future.
I'll speculate that there will first be a hike in the amount subject to SS Tax and eventually benefits will become means tested.
As such it will become a bigger gubbermint wealth transfer than the income tax (if it isn't already).
To "save" Socialists' Security, it must first return to the original intent of its inception and no more. There should be no less than an eighty quarter minimum investment before a dime can be withdrawn and disability insurances should be privatized, not afforded by the taxpayers as should medical benefits. There should be no exceptions, government workers and politicians should be required to "invest" the same as citizens. Some would claim immigrants who enter the US later in life would be unfairly eliminated, but that's the sole purpose why "totalization" agreements exist.
If we don't "save" Socialists' Security and we can wipe out welfare, would that mean there'd be more Americans who won't be paid not to do those jobs Americans won't do?
BTTT
Go to Florida and tell those old folks that they better get back to work. BTW, good luck.
They beleived that it would be there for them and for 40-50 years they "contributed"(?) fatefully and now they deserve to live out their lives collecting. As to future retirees well thats a whole other story.
Where are the IRA's that companies promised?
Read her article on Taxes.....
http://www.devvy.com/notax.html
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