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FIRST 100 DAYS
ANOTHER $30 BILLION DOWN THE DRAIN |
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| While the media's talking heads go back and forth about what our new President has or has not accomplished during his first hundred days in office, American workers coughed up $300 million a day for the government to waste. That’s $30 billion in one hundred days. Money that you will never see again. Gone. Blown. Lost. Spent on paybacks, pork-barrel projects, and paying off the government's credit card. Saving six cents with every dollar charged against a drunken binge to beat the Russians into the ground so we could then take on the Chinese in another Mexican stand-off Cold War. And what do the penetrating investigative news people, those who claim to ask the hard questions, say about this money. Not a peep. And what is George doing about his meekly proffered campaign promise to set up personal accounts to invest at least some of Social Security's money? Nothing, zero, zip, zilch, nada, squat, that's what. He's putting it on the back burner just like the rest of them have done. Appointing a committee to start looking into it in a couple of months or so. A committee that will probably include the same crooks that got us into this financial mess in the first placeBob Dole, Daniel Patrick Moynihan, Bob Barr and probably Alan Greenspeak himself, a man who took years to figure out that the interest was killing them. Committees that will spend another year watching the pile increase while they figure out how to screw you even further. All while watching the defense industry spend billions on the development of a sci-fi missile shield or doomsday machine to protect us and the island of Taiwan but do absolutely nothing about guerrilla warfare or terrorism that war technology can't handle. Our real Achilles' heel. Almost half of this money comes from payroll taxes workers pay thinking that it will go towards their retirement and health care. The rest comes from other entitlements like gas taxes, truck taxes, airport taxes, unemployment taxes and dozens of other funds that are not supposed to be spent elsewhere. That's a joke, isn't it? How do you like the prices at the pump so far? Do you know how much of each dollar goes to the government? Worst of all, you or your children will have to pay this money again someday, plus interest. When they stole it, the Beltway Bandits put promissory Treasury notes in debit black hole accounts that they deliberately mislabel as "trust funds." Isn't that nice of them? They will even tell you that they're "strengthening" these entitlements by adding all this debt for you and your kids to pay backagain. American workers would be ahead of the game if they threw the money in the ocean, giving it to other bottom feeders. The Social Security Trust Fund now holds well over a trillion dollars worth of bogus bonds and accounts for 18 percent of the national debt. That's how much they've stolen from American workers since 1983, with interest added. And you know that $5.6 trillion they talk about getting in surplus over the next ten years. Would you like to guess how much of that figure is predicted to come from Social Security alone. About $3.2 trillion. How does that grab you? Do you really believe that they want to cut off this horn of plenty? The loot available to these pirates has reached multiples that are almost unbelievable. That's the only reason they picked 2002 as the year to balance their "unified" budget. You do remember those arguments that started with government shutdowns in 1995 and finally culminated in the Balanced Budget Act passed in November, 1997? Our wonderful elected representatives in government worked hard to figure out precisely when stealing from entitlements would be sufficient to replace any deficit ever run. And where is the free press and media on all this? Where are Bill O'Reiley, Wolf Blitzer, Ted Koppel, Stone Phillips or any of the other so called investigative news hounds and their staffs? Why they're bringing you wonderful in-depth analysis of why California environmentalists can't hang clothes in their back yard, songs Denise Rich has composed and other penetrating stories like that. You would think that at least one of them might at least wonder why the Social Security Trust Fund is 18 percent of the national debt when we've been contributing huge surpluses every year. How did $94.4 billion in retirement surplus get transformed into additional debt last year? Was there some sort of magic, alchemy or transubstantiation involved? Transubstantiation is the ability to move from a solid to a gaseous state without ever having been liquid. Politicians are good at this. Want to bet that this is a subject the news hounds are not permitted to talk about? That parameters come down from headquarters telling them not to get into this subject. Most of their network and network bosses are reaping in defense spending and election profits left and right from the theft of your retirement and health care money. Meanwhile, the government will do absolutely nothing to stop the bleeding. The federal government has no intention whatsoever to kill the goose that lays the golden eggs. Why should they? If you can lie and cheat working Americans, and they sit back and take it, then you can probably screw the world. See: Tomorrow The World, plus five percent. |
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