Posted 4 years ago on Feb. 15, 2012, 8:41 a.m. EST by SparkyJP
from Westminster, MD
This content is user submitted and not an official statement
Keep your eyes on the "New Deal". From it's conception Social Security has been and still is the primary target of the Republican party. Philosophically, then and now they object to the idea of a "social safety net". Community runs counter their core Libertarian belief in "Social Darwinism!" Over the years our counter-parts on the right have worked gallantly to under-mind the very foundations of the "New Deal". The standard tactic used by these children of the "free market" is to "starve the beast"; underfund our social safety net when they are in office and later declare the very program they sabotaged a failure!
Somehow, those who have worked hard to undo FDR's "New Deal" have managed to recruit the Democrats. Glass-Steagall was the wall FDR put in place that protected our livelihood from the Wall Street gangs for 50 years until a Democratic president (Bill Clinton) with the help of Phil Graham and his group of thugs took it apart. Our fake-liberal media (MSNBC) has become experts at keeping our attention focused on the "right" while providing cover for the Democrats to disassemble what is left of our social safety net.
President Obama seems to be going for the prize no Republican could never achieve; the de-funding and destruction of Social Security! Last year Obama cut the pay roll tax that funds social security. This year Obama, the Democrats and the corporate liberals at MSNBC are pushing hard to cut even deeper into the funds that sustain social security with yet another pay roll tax cut! This pay roll tax cut is being sold as "temporary" , but as we all know once funds are cut any reinstatement will be declared "tax hike!" Both parties tell us that social security is "in trouble", yet cut the funding?
Thanks to Ronald Regan and his ilk, real wages have remainde "flat" for 30 years! The Greenspan gang came up with a scheme that would allow we "consumers" to buy their "stuff" without raising our wages; turn our homes into ATM machines. This seem to work for a while, but as you all know, the bubble burst! Now finding ourselves in the same situation, Obama, sticking to the plan (never raising wages) has decided to cash in our retirement fund (social security) to put a little cash in our pockets now, so we can continue to buy their "stuff"! Ever ask yourself about the quality of these "new" jobs the president boast of creating? Low wage jobs without health care do not compensate for the lost of manufacturing jobs. Like with the housing scam, I hope we will not look back and wonder what happen to our retirement safety net. Now the talk in the Senate (Harry Reid) is sun setting the social security "holiday pay roll tax" cuts in 10 years.
It can't be a conspiracy if it is happening in "real time". Remember the housing bubble? Greenspand and Old Ronny "Ray-Gun" kept wages flat for the last 30 years. While doing this NAFTA and the WTO shipped millions of manufacturing jobs over seas. So, what's a corporation to do when cheap labor produces all these "surplus goods" and no one has the money to buy them (flat wages)? You "bleed" out the built up wealth (equity) in their homes. Use your home like an ATM, and "go shopping!"
That scheme worked for awhile, but like most facades it collapsed. Now, because all the variables remain the same (NAFTA and WTO); Trillions pissed away to the banks, something else needs to be done to allow us to buy their surplus goods produced by cheap over seas labor. Raising wages is out of the question! So, now they dupe us into spending our "retirement" to put a little cash in our pockets just in time to go "Christmas Shopping!"
Keep in mind that the "tax holiday" like most of Obama's ideas was something the Republicans put forth years ago.