The Social Security Act was passed in the FDR administration in 1935 as part of the New Deal. The idea was that you pay into it all your working life and at the very least there is a dignified retirement waiting for old age. Good idea. And it could have worked.
Opponents (guess who) were against it falling back on the same excuse they use today on minimum wage which is 'it will kill jobs', which it of course did not.
Congress has been robbing the fund (like the common thieves they are) since about the Johnson administration. The last twenty years they have done the most damage. Al Gore in his campaign promised to create a 'lock box' for social security, so did george bush. I don't know what Gore would have done, but we do know what bush did. Like his father and Bill Clinton, he raided the funds.
According to economist Allen W. Smith, baby boomers have contributed more than any other generation. In fact, by 2018 the boomers will have contributed enough to have a surplus of $3.7 trillion, which would be sufficient to pay full benefits until 2042 when the youngest boomers are 78 years old.
Republican (Tex.) Ron Paul introduced the Social Security Preservation Act in 2005. After introduction it went to committee and never left there, much less a vote. At least there was one man fighting for us.
Congress has taken and spent $2.292 trillion since the Johnson period I mentioned. Since Ron Paul's defunct bill, they have taken about $200 billion a year.
Congress doesn't want us to know about this robbery. They want to continue robbing the fund for favors to those who will help them get re-elected. As examples, here are three of the ways they are spending your retirement :
$200,000 for the Post Office Museum in Las Vegas, Nev. requested by Harry Reid (D-Nev)
$400,000 for the Daly Preservation Trust to preserve and interpret the Daly Mansion grounds requested by Max Baucus (D-MT)
$250,000 for construction of the Walter Clora Wine and Culinary Center in Prosser, Wash. requested by Doc Hastings (R-WA)
The very people we look to for protecting our retirement and standard of living have stolen us blind. Have you heard the talk about the baby boomers retirement and how they will break the system?
HUH?........"they" will break the system?
"They" paid in enough in just the last twenty years to pay until the youngest dies of old age.
"The Congress" and "Presidents" turned them around so boomers couldn't see and fucked them of their retirement, their hard earned money, and their dignity...and most are still in office.
And we will probably vote the bastards in again.
Do we really deserve it?
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beyondtheveil posted on Oct 06, 2009
| views: 177
Comments
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secretlife said on Oct 06, 2009....
i for one won't vote the bastards in again beyond. my votes for the past 10 years have been primarily used to vote "out" not in.sad statement, but that's the only way i have of getting my message across.it's amazing cause we have a governor's race in jersey coming up. it's one crook against another. my choice is the crook in office now or a new crook. make no mistake, they're both crooks. so once again i will go to the polls and vote out the son of a bitch crook we have now, and put another one in who i will surely vote out in 4 more years-maybe someday i'll be able to actually vote "for" someone. -
uniquely-ironic said on Oct 06, 2009....
yup, every time they find a fund that's properly managed they go to town with it. I have sadly just accepted that I have to provide for my own retirement. -
beyondtheveil said on Oct 06, 2009....
secret- Let me tell you about the last Texas governors race. Before Molly Ivins died, I used to be in tears with her reporting on our Texas government. Anyway, I had a choice of Rick Perry. He's the idiot with the intellectual capacity of about half a george bush and wants our state to secede from the union. He was completely against the stimulus, can't get enough of it, and could do nothing without it.
The other choice was a cowboy who dressed like one in the campaign and always had a big cigar. He wanted to pay Mexican generals who guard the border one million dollars to keep their people in their country. I voted for him - he lost.
unique- I think many people decided like you and were preparing their own retirement. Then along comes the politician supported bankers and took that away from them too. Just can't win, can we?
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Twylarants said on Oct 06, 2009....
I heard a woman on the radio this morning refer to us as the "lied to generation".
A post office museum and a wine and culinary center....lovely. -
secretlife said on Oct 06, 2009....
google chris christie- you'll see that they're no better in jersey- home of the highest property taxes in the nation. the taxes on my house are 15K per year. And every 3 or 4 years the towns do a "reassessment". My house was reassessed in 2008/February. Housing prices were going down, people were having a hard time selling, and my town does a reassessment and tells everyone they can get top dollar. A full year later i find myself in county court appealing the assessment and the judge gives a room full of about 100 residents the "rules"-- we're not allowed to use the economy as proof of falling property values- we have to use comparables. problem is beyond, there's no comparables cause nobody is buying anything. i paid $250 to appeal, and a month later i get a letter in the mail telling me i lost. no reasons. they just said i didn't prove my case.oh and i can't appeal for 3 years. LOL. And that was LEGAL!so here i sit paying taxes on a house assessed at least 130K over what i could ever hope to get for it.fair's fair, right?honestly, i don't know how anyone in their right mind would live in NJ. I encourage my children to exit this state. when our kids graduate and our mother's die, we're leaving. there's nothing that could keep us here for retirement.And this is just a little piece of corruption.When I see Pelosi or Barney Frank lecturing me..........when i see Geitner lecturning on tax cheats i literally want to come unglued. How dare these hypocrites stand before the people....pitiful pathetic greedy fools.I wish i knew a solution. unfortunately, i do not. -
beyondtheveil said on Oct 06, 2009....
twyla- Ha! 'lied to'. That 's one way to put it. But it fits.
secret- Years ago I read that in several places on the East coast to Florida, people had to move from their home on retirement because they couldn't pay the taxes. Home prices and taxes are very different here. A new nice home in a new subdivision will average around $150,000. Our taxes aren't bad at all compared to yours, but New Mexico is even better. My mother lived in a small three bedroom, but in a sought after subdivision by the river. I paid her taxes and they were $280 a year.
However, they pull that 'reassessment' thing here every year. They hire people to walk every street and look for anything different. If you put up a pole with the US flag on it, your taxes will go up. As for politicians, they all make me nauseous. My favorite though is Michelle Bachman of Minnesota. This is the biggest coo-coo clock I've ever seen in real life. She re-writes history every time she opens her mouth. She actually belongs in a sanitarium.
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superbozo said on Oct 07, 2009....
If you and Mobil need help in Washington let me know. Then we could stop off at London and Canberra to sort them dickheads out as well. It seems politicans and their theft knows no boundries.LOL @ Twyla the lied to generation. That about sums it up perfectly. -
Mr.Strange said on Oct 07, 2009....
as long as you believe someone else rules your life, you will have something to say about your rulers.
lol
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Twylarants said on Oct 07, 2009....
I just heard on the news that 2 million people over the age of 55 are unemployed in this country and many people are being forced out of retirement due to a fear of losing their homes.
"The Golden Years"....what a joke.
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beyondtheveil said on Oct 07, 2009....
super- Sorting them out is what we should do and keep doing. But the problem is as secretlife said, the one you have is a crook and the one running against him is a crook. I still think the single best thing we could do is have campaign finance reform. I don't know how they are elected in England or Australia as far as how campaigns are financed.
mrstrange- That is true and I would like to see the day the complaints are all talk. They do rule our lives, even the most rebellious of us.
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mrdprince said on Oct 07, 2009....
What is so sad is that we go back for more, today, tomorrow and everyday.
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beyondtheveil said on Oct 07, 2009....
twyla- They claim unemployment is about 9.7%. If you include those who have given up looking it is 17-20%. And unemployment benefits are running out all over the nation, so there will be more than the next months bunch who lose work. And don't forget what the politician's bankers did to us in the 2008 crash.
mrdprince- Excellent video. I think I saw that performance a few months ago. George Carlin always put things in words everyone could understand - and he was right. Especially about them shoving the red, white, and blue dick up your ass.
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Mr.Strange said on Oct 07, 2009....
I will say this...
No one rules my life but me...
If you want freedom, you must first free your mind.
If your interested beyondtheeveil, I can show you.
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beyondtheveil said on Oct 07, 2009....
mrstrange- Freedom comes with different descriptions depending on how you are willing to live your life. Our 19th century mountain men were really free, but I don't want that life. If you live in a society, you are going to lose freedom and how much depends on how that society is structured. It is difficult to drive to the grocery store without breaking a law.
If you mean freedom of thought, I feel pretty free.
If I'm missing the point, educate me.
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superbozo said on Oct 08, 2009....
Although the figures are not as huge (though they do seem to be getting there) the political parties raise funds in pretty much the same fashion as in the States. Donations from private buisness and individuals, mixed in with other fund raising things like paying to have dinner with your MP or prospective MP. Secret is right about voting people out. Thing is I have become so disillusioned with politics in general that I'd rather pay the fine here in Australia for not voting rather then vote for any of them.I agree that something needs to change, my problem is where to start. I know I should start by taking an interest but no individual or party inspires me politicly at all. I'm at a loss where to start really. Government transparicy and freedom of information might also be a good start. It is well known here in Australia that the government (of either party) will have pages and pages of documents bought into government meetings. Not so they can review and discuss these documents but so they can stamp them top secret and refuse to show the people what is contained within. Some of these documents are merely policy docs. How the goverment intends to focus it's spending etc. Why do they need to keep things like that secret? So that they can lie to us about their intensions possibly.I think half the reason Obama came out of no where was because he looked and spoke differently. He also had a magic catch phrase "Change" I remember watching it unfold over here and I remember thinking a politician that wants to change things....I'll believe it when I see it. History will tell us what he managed to change, if anything. All they ever seem to promise here is more of the same. Of course they all claim how much better things will be under their so called leadership. You soon find out that what they give with one hand they take with the other plus interest. As congress appears to have done with the the American peoples retirement funds.At the moment the only real difference between our parties in Australia is climate change policy. Our government wants to start an emission trading scheme while the opposition doesn't. Otherwise they are identicle. -
beyondtheveil said on Oct 08, 2009....
super- The reason I want to start with campaign finance reform has an example unfolding right now in our health care problem. How do you have a reasonable health care debate when members of congress receive hefty contributions from insurance companies? The republicans don't want anything touched on the status quo which is going bankrupt using government involvement as an excuse. The democrats want reform but have to do it in a way that they can keep those contributions from insurance companies rolling in.
I read in an article once about a freshman congresswoman talking to a veteran congressman on what she wanted to accomplish. The vet told her to forget that and begin today (her first day) working on getting the money to be re-elected or she wouldn't be back. It's a full time job.
As for you saying our govts. are pretty much identical, I can agree with that because politicians are just about the same everywhere. It all comes down to power and greed to them. Even if they don't last long, work a few years and walk away with a nice pension and med benefits for life. It's a win-win situation and the perfect job if your a perfect asshole to begin with.
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Mr.Strange said on Oct 08, 2009....
Beyondtheveil
I enjoy all the modern technologies...I have a car, several computers, digital camera's, drums...
I use grow lights to grow fruits and veggies in my kitchen.
Technology means an easier life. The easier you can make your life by adapting technology to meet your needs; the easier your path to enlightenment.
A free mind does not mean one that forgets everything and attempts to live in difficulty as some test of wits.
A free mind means a fully realized open adaptable unchained intelligence. I was at a lecture the other night. He talked about releasing your human potential. I have done this at a much younger age in a way that I can easily show others.
Imagine if you will; yourself divided. The person you are at all times and the person you behave as under the rules of another.
Happiness comes from just simply being yourself. Following your desires and instincts. You can not control without being controlled.
If you want help, I do offer it.
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secretlife said on Oct 08, 2009....
Mr. Strange: You're weird.I can't help myself, I just had to tell you what i think- -
Mr.Strange said on Oct 08, 2009....
Thank you.
Can I have another?
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