Thought this was referring to last night's Orange Bowl.
The Big Lie is that Social Security is some kind of retirement savings plan.
It is NOT.
Social Security is a socialist income redistribution scheme, nothing else.
Those who are working are taxed to provide a "safety net" for those who are less fortunate.
Originally, this meant retirees and surviving dependents.
Congress has, of course, complicated it far beyond this over the last 65 years.
But one fact remains: it is NOT a "savings plan", it is an income redistribution scheme.
A major facet of The Big Lie is that "we have to do something so that Social Security remains solvent in the future.
Poppycock!
In today's age of modern computerization, the computation for operating an income redistribution scheme that remains perpetually solvent is quite simple:
The only change necessary to the current system is that monthly payments to eligible recipients would be a variable amount, not fixed.
THERE IS ABSOLUTELY NO NEED FOR A MULTI-TRILLION DOLLAR "TRUST" FUND!!!
Congress should NEVER have been permitted to confiscate so much money from the American People in the name of The Big Lie. This fund is nothing but a slush fund that Congress raids to pay for other government expenditures. If private sector employers did the same thing with their companies' pension funds, they'd be placed in prison. The "privatization" plan proposed by Bush is merely an attempt by Wall Street brokerage firms and financial institutions to get in on the scam: grab a portion of a constant revenue stream (guaranteed by taxation) from which they can skim their commissions.
The American People need to wake up and put these liars and thieves in prison.
It's going to be a mess. And if it is not handled well, it even could cost the GOP the House in 2006. Possible.
If private corporations tried to run a social security program like our government does, they would all be put in jail for fraud. This government program is run exactly as a scheme that Charles Ponzi tried to run. Our Senators and Representatives have used all of the surplus monies and put Government Bonds in the trust funds that the citizens are obligated to pay for, Not very good stewards of the citizens money. Oh thats right, we don't have an honest money system do we. Abolish the 17th amendment.
Thanks to that great American Larry Flynt destroying Livingston, most Americans still believe in the mystical "trust fund".
I hope honest accounting will be part of the president's final proposal, but I'm not holding my breath.
I'm waiting to see if the GOP will wimp out on SS or if they'll stick it out.
And Social Security is a Ponzi scheme of the worst type: one funded by the power of the government to tax.
But while all of that is true, we have the equally difficult problem that it is now entrenched, and there are people who depend on it. As happy as I personally would be to relinquish all claim to my contributions to Social Security if it meant that the monster were extinguished tomorrow, it's just not going to happen. President Bush is trying to reform it, and I am willing to go along with what I have heard so far.
This is not a perfect world, and those who wait on perfect solutions to difficult problems generally get to do a lot of waiting.
fights are always ugly. the serpent is feeling the heat. off with its head.