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The Dirty Little Secret
Oregon Magazine ^ | November 1, 2002 | Larry Leonard

Posted on 11/02/2002 8:59:53 AM PST by WaterDragon

There's nothing risky about putting money in the bank.

Let’s say that you aren’t a longshoreman who makes $150,000 a year for keeping track of the numbers on the containers unloaded or loaded by the big cranes at the docks. Let’s say, instead, that you work at a machine shop, running a lathe.

You started doing that back in 1963 when you finished your hitch in the Air Force.

Over the years, your salary has increased because you got raises for being more experienced at what you do, and raises just to keep up with inflation. You began at four bucks an hour. Today, you make sixteen bucks an hour.

In April, you’ll be 62 years old, and after forty years at the same job, you’d like a rest, and a chance to look around to see what else you might like to do. How much money do you have in your social security account after paying into it all these years?

Nothing.

Every dime is gone. Spent by congress...(snip)

For the full article, please click here.


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Culture/Society; Editorial; Extended News; Government; Miscellaneous; News/Current Events; Politics/Elections; US: Alaska; US: Idaho; US: Oregon; US: Texas; US: Washington
KEYWORDS: deceit; democrats; poverty; socialsecurity; spent; theft
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To: Iscool
"So what about the solution??? Anyone have a solution???"

You bet! Quit electing the d**n democRATs!! They are corporatists to whom laws mean NOTHING.

My SS card says "Not for Identificaton." Thanks to the democRATs, the SS number is now used for everything from your bank account to the military serial number.

21 posted on 11/04/2002 7:25:56 PM PST by nightdriver
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To: WaterDragon
If the current SS System = Enron, then Dubya's "privatization" plan = Arthur Anderson.

Both major political parties perpetuate The Big Lie regarding Social Security. The Big Lie has existed since Social Security's inception. The debate over "privatization" is only the latest version of The Big Lie.

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:

This month's total SS tax receipts = Next month's total SS tax disbursements

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.

Daschle's "concern" over the Social Security system is a lie.

Bush's plan to Enronize the system is worse.

The American People need to wake up and put these liars and thieves in prison.

22 posted on 11/04/2002 7:28:11 PM PST by Willie Green
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To: Iscool
Only way I see to fix it is to have crimes against humanity trials for the Federal Reserve Board, they deserve to be lynched.
23 posted on 11/05/2002 4:54:54 AM PST by steve50
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To: Willie Green
I learned earlier this year about what you're saying, Willie Green. It's scary to realize how little information most of us have about the workings of our government. Here's where I found out about what you are saying.
24 posted on 11/05/2002 6:48:35 AM PST by WaterDragon
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To: WaterDragon
Good link. Pretty amazing what we've let our politicians get away with the last 100 years or so. Fiat money and direct taxation has destroyed this nation.
25 posted on 11/05/2002 7:08:02 AM PST by steve50
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To: WaterDragon
Yep, even the separation of the SS tax into an "employee's contribution" and "employer's contribution" is bogus accounting smoke and mirrors. From the company's perspective, it is ALL part of the cost of hiring an employee. So they have to go through the farcical ritual of dividing the tax in two separate categories before they lump it back together and send it to the government. What the heck difference does that make except to pull the wool over some dummy's eyes, making him think that he didn't pay the whole thing and that the company paid the rest??? Talk about STUPID flim-flam!!!
26 posted on 11/05/2002 7:10:17 AM PST by Willie Green
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To: WaterDragon
Arguing over which Party is screwing us the worst is playing right into their hands.

The system has been against the working class since a central bank got put in charge of our economy , AGAIN.........

That was in 1913!

The Colonists put up with the taxes that Englands central bankers forced on them , to pay the usury the bankers demanded.

But when the bankers wanted to take their guns it was too much.

America was prosperous in the beginning , there was plenty of Colonial Script in circulation so that businesses could grow and people had jobs.

The central bankers heard about America's prosperity when Benjamin Franklin was talking about America's condition during a visit to England. The bankers got the king to make Colonial Script illegal , putting their system in control of America.

A year later people were jobless and in the streets.

This happens because when You give someone who wants everything You have , control over the medium that enables You to pay your bills , they dry up that medium , You can't make the payments and THEY take Your property.

That was what our Forefathers tried to protect us from by giving ONLY Congress control of our economy.

In 1913 the opposition to the "federal reserve act" was tricked into going home to their families for Christmas on December 23rd. The following day with German bankster Paul Warburg's help the federal reserve act was past. Handing our economy over to international banksters and dooming us to lose everything we believe we have been working for.

The trick is , You cannot pay off the "national debt" and the central bank's system is designed that way. Their imposed debt multiplies to the point that it cannot be paid back ( called a depression ) and the banksters move in for the kill.

They explain it away as business cycles , but history proves different. Click here for more on central banks

The easiest way I know to explain this is , the central bank assumes control of your money through a monopoly called the "federal reserve" a privately owned central bank and NOT part of Your government. In order to exist , our government borrows (example) 100,000 federal reserve notes ( notes of debt , read it on your "money" ) at 10% usury. Things run fine , but then the time comes to pay back back the "debt" . 110,000 federal reserve notes are due , but only 100,000 ever existed , that means our government (us) has to borrow more debt to pay off the debt , which means asking the banksters who own the federal reserve for more "notes" representing more "debt". Which can never be paid off , but only multiplied.

Balancing the budget is an impossibility and every president since Wilson has lied to the American people.

"The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution. I am an enemy to all banks , discounting bills or notes for anything but coin. If the American people ever allow private banks to control the issuance of their currency , first by inflation and then by deflation , the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

Thomas Jefferson.

Jefferson wasn't a profit , he knew how people were controlled in Europe. Something "We" have forgotten.

"Single acts of tyranny may be ascribed to the accidental opinion of a day. But a series of oppressions , begun at a distinguished period and persued unalterably through every change of ministers ( administrations ) , too plainly proves a deliberate systematic plan of reducing us to slavery."

Thomas Jefferson

People You need to get past believing that one Party is better than the other or that a mix of Party's is safe.

On February 1 , 1992 , president George Herbert Walker Bush stated : " My vision of a New World Order forsees the UN with a revitalized peacekeeping function. It is the sacred principles enshrined in the UN charter to which we henceforth pledge our allegiance."

James Paul Warburg ( son of Paul Moritz Warburg , chief architect of the Federal Reserve Act ) , boasted confidently on February 17 , 1950 before the U.S. Senate : "We shall have World government , whether or not we like it. The only question is whether World government will be achieved by conquest or consent."

I won't fall for their lies or consent to being their slave.

I don't know any other way to stand with America's Patriots / Veterans and offer our children what , "We" have taken for granted............

27 posted on 11/05/2002 5:36:50 PM PST by Eustace
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To: Eustace
Bttt!
28 posted on 11/05/2002 9:14:20 PM PST by WaterDragon
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To: Iscool
"Move our manufacturing base back to the U.S...Bring our tax base back...Give us something to work with..."

. . .say 'NO' to Labor Unions. . .

29 posted on 11/10/2002 8:25:13 AM PST by cricket
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To: cricket
Our government recruited businesses to leave America and paid for the relocations with our tax money. If Unions are responsible at all , it was a joint effort..........

Either way , we got screwed and Uncle Sam got a piece.

30 posted on 11/12/2002 7:05:37 PM PST by Eustace
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