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NEVER ENDING LIES
THIRD RAIL HAMMERED AGAIN |
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| Whenever any of the Beltway Bandits open their mouths to talk about Social Security, they lie to us. There must be a special school in Washington that teaches, hypnotizes, or brainwashes politicians and bureaucrats into lying about Social Security. Do you realize the energy it takes to consistently lie about something when faced by a real world of contradictions? Do it long enough and it leads to insanity. They've lied to us about baby-boomers, lied about trust funds, lied about surpluses, borrowing, laws, money flow, longevity, generational differences, and the granddaddy of them allthey've lied about a system that turned an $89 billion profit last year being in trouble and threatening to go under, a system whose only real problem is the government itself, a government that runs off with its profits. Future historians will record and refer to this period as the greatest economic scam a government ever pulled on its citizenry and the fundamental reason leading to the demise of a superpower that had designs on perpetrating the same fraud on every other nation in the world. The most recent pack of lies comes from the Office of Management and Budgets (OMB) and the Beltway CATO Institute that wants to privatize the entire Social Security system. Based on the fictitious baby-boomer fable, the OMB has recently released a study of Social Security and its recommendations to further the scam. These authorities are never going to question the possibility that during his 1998 State of The Union address President William Jefferson Clinton, who had a great many embarrassing and very personal things on his mind from Paula and Monica, missed a decimal point. His speech writers had included a documented fact resulting from 16 million lusty servicemen returning from theaters of World War II and fostering seven million births above normal between 1946 and 1965, a twenty year period of prime fertility for these people and their soul mates. The monitor, his notes, and the practiced speech read seven-point-six million baby-boomers looming on the horizon as a problem for the supplemental retirement system. Not nearly the problem a birth rate that had dropped more than in half during the decade of the Great Depression should have been causing, but certainly enough to impress the gullible public and bolster the argument for Social Security reform; i.e., more ways to increase the rip-off of dedicated payroll taxes by increasing the age of retirement, raising tax caps, and so forth. When Clinton got to that part of his speech, he missed the decimal point and read the figure as "76 million baby-boomers." The mathematically challenged Fourth Estate went wild with this number, never bothering to check basic Census data where no such figure exists. It's impossible to find a "76 million" increase to the population, much less the implied births above normal, even if you take the 30 year period between 1940 and 1970, adding ten years to the myth. The figure you will come up with also includes thirty years of adult migration to the United States. When it comes to the third rail, don't believe anything you hear from the Beltway Bandits or their loyal cadre of well paid media and newspaper cohorts. Check it out for yourself. Social Security has no serious problems except the government itself and we don't need to go to the phenomenal expense of privatizing the entire system in order to solve that. If the Beltway Bandits had the slightest bit of honesty and integrity they could have, at any time in the past, put Social Security's surplus in a real trust fund or cut payroll taxes back to break even. Those are simple and normal solutions for an honest government. As mentioned, last year Social Security produced an $89 billion surplus even with high unemploymentfewer workers contributing. The year before that, the surplus was $98.7 billion. And two years ago, fiscal 2000, the surplus was $94.5 billion. All stolen by the pirates and spent on their pet projects. The phony Social Security Trust Fund that represents nothing but double taxation with interest added now stands at $1.33 trillion in bogus bonds and is 21 percent of the national debt. Are we to trust these same dishonest scoundrels to lead us into war for just cause? |
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