Posted on 06/23/2005 5:40:50 PM PDT by RWR8189
Of course, but that is not the attitude of our Washington government -- they just spend the surplus EVERY YEAR!
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.
Social Security is a socialist income redistribution scheme, nothing else.
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Exactly right -- and the government, especially the socialists, cannot stand the idea of you actually keeping your OWN MONEY and doing a much better job of it -- it has always been just another ENABLER for governmental power, through redistribution of wealth. PURE SOCIALISM.
Conceptually there is no surplus--it is Social Security that they are spending that should have been used to offset the aging with decline in population.
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Totally agree. It should have been saved, if it was not necessary to spend it at the moment. But the libs, if you research it, are the ones that made the spending of the "surplus" (defined as what needs to be paid out at the moment versus what they get annually) possible through legislation.
Damn socialist pigs.
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