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Gloom and doom! Bush has raided the Trust Fund!

Posted on 04/02/2005 5:12:36 AM PST by HankReardon

An end to America many of us enjoy and love seams near. The trends are frightening.

Immigration poses a huge threat. Using current rates of birth and immigration (legal and illegal), our Census Bureau calculates all races in the United States will become minorities within 45 years. Coalitions of third-world immigrants may then dominate. Such occurences, some watch-dog organizations contend, will likely lead to conflict among the cultures and open revolt.

An estimated 12 million foreigners are here illegally. Many receive services without paying taxes. Their presence is causing hospital closings because of required, unpaid treatment, the reoccurence of communicable diseases, additional school levies for multilingual instruction, higher costs of incarceration, above normal crime rates, increased gang activity, pockets of squalor in housing, welfare provisions for them ahead of citizens, and lower pay for residents competing for jobs. Besides, the government permits the hiring of illegal aliens without penalty, making a mockery of "the rule of law."

Despite polls showing the public's desire for curtailing immigration, President Bush vowed to continue former President Clinton's desire for a multicultural society. But Bush is pushing far ahead. His latest agreement invites more illegal immigration by providing Social Security benefits to any mexican who worked here, either legally or illegally. Never mind that they are largely uneducated and that Mexico's leader wants them here.

If congress approves, our cost may exceed more than $550 billion. Are our interests being neglected?

Congress shares responsiblity. Legislative action taking trillions of dollars from the Trust Fund occurred mostly during Bush's tenure.

Yet, the politicians give themselves hefty pay and retirement benefits while earmarking $23 billion for pork projects such as ski resorts, a gay and lesbian center, and animal waste management. Don't expect a presidential veto, however.

Our national debt, money owed mainly to Asian countries, is also unprecedently large under Bush. Exacerbating concerns of economists about bankruptcy and our nation's loss of respect worldwide, an unpopular war and other costly involvements abroad, the dollar's precipitous decline internationally, a balance of trade no longer favoring the Untied States, the budget sharply curtailing services for citizens, and a deteriorating infrastructure which studies find will require trillions of dollars to restore.

Can current demographic and economic trends be reversed? That might occur if voters aggressively inform the politicians of desires and replace those (political party aside) who would continue to fritter our country away.

Dr. so and so (Founding President of local community college)


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: borderless; constitution; entitlement; globalism; globalist; northamericanunion; rewardingillegals; welfarestate
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To: edweena
What would be the financial results (especially globally) of the U.S. government refusing to honor these bonds issued to the Social Security Administration? Wouldn't it be a rather high-profile alarm alerting other countries to stop financing U.S. debt?

The federal government could triple or cancel the so-called special bonds and pay SS benefits from the general fund without any effect on anyone whatsoever. Social Security does not represent an obligation to pay anyone while publicly held bonds do Fleming v. Nestor, 363 US 603 (1960).
61 posted on 04/02/2005 9:52:06 AM PST by UnbelievingScumOnTheOtherSide (Give Them Liberty Or Give Them Death! - Islam Delenda Est! - Rumble thee forth...)
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To: GRRRRR

Actually .. I think there was originally .. but the dems were in power and decided they could borrow the money and just put a chit or IOU in it's place and put the money back later.

The dems were in power for 40 years - they had plenty of time to wreck SS long before Bush came into office.

People who blame everything on Bush are just vacant of brains.


62 posted on 04/02/2005 4:12:52 PM PST by CyberAnt (President Bush: "America is the greatest nation on the face of the earth")
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To: HankReardon

Social security will soon be beyond redemption. Medicare is already too far gone to fix.


63 posted on 04/02/2005 5:33:22 PM PST by Brilliant
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