Editorial on Saving Social Security
Good Morning; its time again for coffee and conversation.
This morning lets think about SOCIAL SECURITY. We have suffered
monumental amounts of anguishing about the dangers to the system.
Conditions making Social Security a necessity for our country's
security have changed; most Americans did not live through the
"Great Depression" - some did. As early as the 1960s the system
showed signs of stress and need for change. Changes made could
have kept the system effective indefinitely; unfortunately, in
1980, "Boobus Americanus" elected the "Great California Dunce"
and everything went all to H--- (i.e., perdition).
Perfectly well aware that his political policies were creating an
catastrophic national deficit and national debt, "The Great
Prevaricator" raised the Social Security payroll tax on the poor
(capping it for the rich) to usurious levels and added the money
to the "General Funds", trying to mislead and cheat the American
people. His policies robbed the lower socio-economic 70% of our
people of TEN TRILLION (ten million million) DOLLARS, and gave it
to the upper 1/2% of our population; we wonder why the economy
won't work). The national debt is held largely in Government
Bonds by 1/2% of our population, and the FOUR HUNDRED BILLION
dollars of interest is paid to them - and increases every time
Alan Greenspan raises the "Federal Funds Rate". There ought to
be a bumper sticker which reads: IF YOU HADN'T VOTED FOR REAGAN
WE WOULD HAVE A FOUR HUNDRED BILLION DOLLAR SURPLUS INSTEAD OF A
DEFICIT!!. Social Security is in danger because the "Reaganites"
raped and gutted the fund and gave it to the super-rich. Let's
consider how the Social Security System can be saved.
A first step would institute a HEAVY tax on funds accumulated by
the super-rich in the last 15 years, levying a progressive tax on
the bond income WE are being taxed to pay. Secondly, recover all
monies borried by the Government to obfuscate the budget and put
all Social Security surplus, and all "super-tax" income into
tax-free Municipal Bonds (i.e., build roads, schools, hospitals,
dams, and public buildings, and repair our neglected infra-
structure, and meet other social necessities at the lowest
possible cost) into a SPECIFICALLY Social Security Fund, legally
untouchable by any other governmental entity, and not to be
considered in any Federal Budget. Third, impose the 15% Social
Security Tax upon ALL income with no cap on the maximum tax owed;
benefits would be reduced by 1% for every $1,000.00 of the
recipient's gross annual income above $50,000.00 per year. The
fourth step would be to educate all our population as to the
tremendous obligation owed all of us by the super-rich for
providing the safe and secure environment which provided the
opportunity for them to get rich and stay rich - that economic
chasm between poverty and the super-rich is the rot which
destroys the "rotten door which Revolution kicks in", and the
"Ancien Regime" of France who were guillotined could, if alive,
explain some of this to you. Given the finite limit to life and
the average age of our population, the best investment possible
today is stock in "Funeral Parlors". With pressure diminished,
Social Security can be saved if anyone has the political courage
to follow the outline above.
Good Morning; its time again for coffee and conversation.
This morning lets think about SOCIAL SECURITY. We have suffered
monumental amounts of anguishing about the dangers to the system.
Conditions making Social Security a necessity for our country's
security have changed; most Americans did not live through the
"Great Depression" - some did. As early as the 1960s the system
showed signs of stress and need for change. Changes made could
have kept the system effective indefinitely; unfortunately, in
1980, "Boobus Americanus" elected the "Great California Dunce"
and everything went all to H--- (i.e., perdition).
Perfectly well aware that his political policies were creating an
catastrophic national deficit and national debt, "The Great
Prevaricator" raised the Social Security payroll tax on the poor
(capping it for the rich) to usurious levels and added the money
to the "General Funds", trying to mislead and cheat the American
people. His policies robbed the lower socio-economic 70% of our
people of TEN TRILLION (ten million million) DOLLARS, and gave it
to the upper 1/2% of our population; we wonder why the economy
won't work). The national debt is held largely in Government
Bonds by 1/2% of our population, and the FOUR HUNDRED BILLION
dollars of interest is paid to them - and increases every time
Alan Greenspan raises the "Federal Funds Rate". There ought to
be a bumper sticker which reads: IF YOU HADN'T VOTED FOR REAGAN
WE WOULD HAVE A FOUR HUNDRED BILLION DOLLAR SURPLUS INSTEAD OF A
DEFICIT!!. Social Security is in danger because the "Reaganites"
raped and gutted the fund and gave it to the super-rich. Let's
consider how the Social Security System can be saved.
A first step would institute a HEAVY tax on funds accumulated by
the super-rich in the last 15 years, levying a progressive tax on
the bond income WE are being taxed to pay. Secondly, recover all
monies borried by the Government to obfuscate the budget and put
all Social Security surplus, and all "super-tax" income into
tax-free Municipal Bonds (i.e., build roads, schools, hospitals,
dams, and public buildings, and repair our neglected infra-
structure, and meet other social necessities at the lowest
possible cost) into a SPECIFICALLY Social Security Fund, legally
untouchable by any other governmental entity, and not to be
considered in any Federal Budget. Third, impose the 15% Social
Security Tax upon ALL income with no cap on the maximum tax owed;
benefits would be reduced by 1% for every $1,000.00 of the
recipient's gross annual income above $50,000.00 per year. The
fourth step would be to educate all our population as to the
tremendous obligation owed all of us by the super-rich for
providing the safe and secure environment which provided the
opportunity for them to get rich and stay rich - that economic
chasm between poverty and the super-rich is the rot which
destroys the "rotten door which Revolution kicks in", and the
"Ancien Regime" of France who were guillotined could, if alive,
explain some of this to you. Given the finite limit to life and
the average age of our population, the best investment possible
today is stock in "Funeral Parlors". With pressure diminished,
Social Security can be saved if anyone has the political courage
to follow the outline above.
