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Forum Post: "Social Security is Strong" : by Sen. Bernie Sanders (I-Vt.)

Posted 2 years ago on April 25, 2012, 5:54 p.m. EST by shadz66 (19985)
This content is user submitted and not an official statement

''Social Security is Strong''

by Sen. Bernie Sanders (I-Vt.)

A new report today by Social Security trustees showed the program's trust fund has $2.7 trillion in reserves and will grow to $3.06 trillion by 2021, enough to maintain the unbroken record of paying every nickel owed to every beneficiary in full for another two decades.

Sen. Bernie Sanders (I-Vt.) has introduced legislation to strengthen Social Security and guarantee benefits for 75 years by extending the payroll tax that most Americans already pay to those who earn above $250,000 a year.

"The most effective way to strengthen Social Security for the next 75 years is to eliminate the cap on the payroll tax on income above $250,000. Right now, someone who earns $110,100 pays the same amount of money into Social Security as a billionaire. That makes no sense," said Sanders, the chairman of the Defending Social Security Caucus. He also chairs the Senate aging subcommittee.

Under the proposed legislation, the wealthiest Americans would pay the same payroll tax rate already assessed on those with incomes up to $110,100 a year. Social Security officials have calculated that the simple change would keep the retirement program strong for another 75 years. The legislation also follows through on a proposal that President Barack Obama made in 2008 when he was running for president.

The Keeping Our Social Security Promises Act is cosponsored by Sens. Daniel Akaka (D-Hawaii), Richard Blumenthal (D-Conn.), Barbara Boxer (D-Calif.), Al Franken (D-Minn.), Amy Klobuchar (D-Minn.), Patrick Leahy (D-Vt.), Claire McCaskill (D-Mo.), Barbara Mikulski, (D-Md.), Harry Reid (D-Nev.) and Sheldon Whitehouse (D- R.I.).

Since it was signed into law 76 years ago, Social Security has kept millions of senior citizens, widows, widowers, orphans, and the disabled out of poverty. Before Social Security, about half of senior citizens lived in poverty. Today, less than 10 percent do.

"I strongly disagree with some of my colleagues who want to balance the budget by cutting Social Security, Medicare, Medicaid and other programs that are of enormous importance to seniors and the working families of our country. There are ways to address the deficit crisis without attacking some of the most vulnerable members of our society. As chairman of the Defending Social Security Caucus, I will do everything in my power to make sure that the promises made to seniors will be kept."

Social Security provides support for 55 million people, including 38 million retired workers, 6 million widows, widowers and orphans, and 11 million disabled workers. The most successful government program in our nation's history has not contributed one dime to the federal deficit.

~

fiat lux ...

~

[Item copied verbatim under "Fair Use" from : http://www.informationclearinghouse.info/article31164.htm ]

80 Comments

80 Comments


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[-] 5 points by Puzzlin (2898) 2 years ago

This is the truth that is found scarcely. Bernie Sanders is one of the very few that really speak for the middle class but gets little air play. This message needs to get out there. If the Republicans (GOP) abolish Social Security which is what they intend we will begin a life in a country that no longer gives a good crap about anybody but the super rich. These greedy rich fat cats are trying to buy our democracy right out from underneath us. We MUST stem this tide or we will lose our way.

The Repugnant Party wants our country to FAIL, it's their strategy to reclaim the presidency, senate, and house. AND then hand it over to the rich by permanently enshrining their tyranny into law.

We can not let the GOP slide here. Their intention is to gut the hell out of SS by underfunding it by Blaming it for our deficit which is an outright LIE. Once gutted it will surely die and then we will return to much earlier days here in America when the Robber Barons ruled the landscape with their $$$$$. If you weren't making it then, your best bet would be to find a good ditch to lay down in and die. Life was crap and living takes on a different dimension. Maybe this is why history repeats, we never learn, so we keep going back to end of the line just before reaching the front. The lemming nature of humanity.

GET THIS MESSAGE OUT. We need stand the line on SS!

The Puzzler

[-] 1 points by shadz66 (19985) 2 years ago

That "Social Security Is Strong" is absolutely NOT a "Puzzlin'' matter but Corporate MSM won't ever say so and therefore Sen. Sanders is very important. Thus :

crede quod habes, et habes ...

[-] 2 points by Puzzlin (2898) 2 years ago

Excellent point. Social Security is plagued with mythology that is perpetuated by most people who discuss it. I can only hope more people become educated about it soon before it becomes targeted for cuts that will further decline the middle class in this country. The wealthy "pay for play crowd" want more rewards for their wallets as they support the right wing nut jobs to further reduce their tax burden as their government cuts the social safety net out from underneath tens of millions hard working average middle class Americans. We can become a nation that no longer gives a care. Social Darwinism played at high stakes, winner takes all. If we let it. History does repeat, it can now...

The Puzzler

[-] 4 points by GypsyKing (9780) 2 years ago

Yeah, I just heard a scare piece about this on CBS awhile ago, saying that social security was running out of money. In the piece, if I recall correctly, they referred to it as an "entitlement." Man, that made my blood boil. Both of those things are a complete lie.

[-] 2 points by 99nproud (2697) 4 months ago

Social Security expansion update

http://www.nationaljournal.com/library/165911

FYI

[-] 4 points by DKAtoday (26523) from Coon Rapids, MN 2 years ago

Thanks for posting this. As everyone benefits from the work that is done the rich getting a lions share of that benefit - I see no reason for a cap to contributions at all.

Gotta love Bernie Sanders.

[-] 0 points by shadz66 (19985) 9 months ago

''A nation will not survive morally or economically when so few have so much, while so many have so little. It is simply not acceptable that the top 1 percent owns 38 percent of the financial wealth of the nation, while the bottom 60 percent owns all of 2.3 percent. We need to establish a progressive tax system which asks the wealthy to start paying their fair share of taxes, and which ends the outrageous loopholes that enable one out of four corporations to pay nothing in federal taxes.'' ;

''At a time when only one in five workers in the private sector have a defined benefit pension plan; half of Americans have less than $10,000 in savings; and two-thirds of seniors rely on Social Security for more than half of their income, we must expand and protect Social Security so that every American can retire with dignity.'' &

''During the financial crisis, huge Wall Street banks received more than $700 billion in financial aid from the Treasury Department and more than $16 trillion from the Federal Reserve because they were "too big to fail." Yet today, the largest banks in this country are much bigger than they were before taxpayers bailed them out. It's time to break up these behemoths so that they cannot cause another recession that could wreck the global economy.'' from :

''Gotta love Bernie Sanders'' !!!

respice, adspice, prospice ...

[-] 2 points by StillModestCapitalist (424) 4 months ago

It's a token proposal. They all know that it will never become law. And if it ever did, they would find a way to compensate for it. For nothing, I mean NOTHING will ever compel the most corrupt generation of 'leaders' in American history to do right by the middle class or the lower majority. Not when it's all said and done. I still prefer Democrats over Republicans in general but only because they are under slightly more pressure to act on behalf of the little guy. Sorry but we lose. We'll get our shot at true reform when a comet smashes into the Earth and not one moment sooner.

[-] 3 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Might not have to wait for the comet - if fracking goes on around Yellow Stone and ends up popping the caldera.

[-] 3 points by shadz66 (19985) 4 months ago

''I still prefer Democrats over Republicans in general but only because they are under slightly more pressure to act on behalf of the little guy.'' !!! Hmmm !! Interesting SMC ! Also re. 'SS', fyi - see ...

nihil illegitimi carborundum ...

[-] 2 points by 99nproud (2697) 4 months ago

Never say never. Any & all Social Sec expansion proposals WILL succeed at exciting more middle class people. Just as all our (& other like minded groups) protests, succeed at adding to the national debate on the issue.

The more proposals/protests we generate, the more likely our positions in the debate can dominate the marketplace of ideas and inevitably pass progressive change that benefits the 99%.

All these actions (& others) are critical for growing a mass movement to bring maximum pressure on all pols (whatever party) to implement policies we support.

No comet required. Don't you prefer a non comet solution?

[-] 2 points by StillModestCapitalist (424) 4 months ago

By the way, I didn't mark your comment down. I marked it back up.

[-] 2 points by StillModestCapitalist (424) 4 months ago

Excellent reply. Well said. However, I still believe that this proposal is a token. I find it near impossible to believe that any of it's sponsors give it a snow ball's chance in hell of becoming law. It's far too noble and logical. It would cost the most rich and powerful significantly therefore, it will not happen. I also believe that all members of both major parties understand the concentration of wealth much better than they let on. They almost never acknowledge it but their actions related to it have become incredibly predictable. Every time they say or do something to make it seem as if the issue will be addressed, they turn right around and say or do something to make it even worse.

There is no point in citing any Republican rhetoric or proposals. We all know that they run their mouths about the rich 'producers' and how lucky we are to have them every damn day. Their sold-out talk radio goons harp on that crap like it's gospel straight from the bible.

But the Democrats aren't much better. For example, they pretend as if they want more 'equality' but for every relevant proposal, most of which are tokens, they turn right around and do more PR and money favors for Wal-Mart, GE, Warren Buffet, Hollywood, Beyonce, Tiger Woods, Brad Pitt, Oprah Winfrey, Ellen Degeneres, the health care industry, the music industry, and lately, Wall Street in general with the 85 billion per month.

The 85 billion per month in particular would have been the real world equivalent of a miracle for the lower majority if it had been spent on a public works program instead. There are thousands of neglected communities which need the attention not to mention our crumbling infrastructure. Those government sponsored jobs alone would have reduced the concentration of wealth by two or three percent within a year. But FXXX NO. IT GOES TO WALL STREET INSTEAD. Gxx dxxx disgusting hypocrite PIGS. Damn near every one of them.

Also, the masses are beyond reach. They will never realize or even care just how much power they have within their wallets, their bank accounts, and under their mattresses. For if they would alter their spending habits significantly, they could EASILY reduce the concentration of wealth by 10% or more within a few years. But FXXX NO. Instead, they continue to buy more over-priced wealth concentrating CRAP like their very lives depend on it. The vast overwhelming majority do so with no regard whatsoever for the C.O.W. or anything else. So the pigs get even richer, the lower majority end up with an even lower net worth, and more wealth is concentrated by region resulting in more neglected communities, more cuts in city services, more racial tension, more red tape, and the bankruptcy of Detroit. Meanwhile, the more recently developed cities thrive on concentrated wealth. It's all related. The lines are easy to draw but the masses are impossible to reach.

I'm all out of ideas which don't involve a web page, a dozen phone calls to the press and my body going off the roof of a skyscraper along with 10,000 copies of a manifesto explaining all of the above in detail.

This movement is still worth supporting but it's not having an overall effect. For every one positive achievement attributed to this movement, there is a more significant development which results in more concentrated wealth, power, and influence. We are losing in a big way.

[-] 2 points by 99nproud (2697) 4 months ago

I concur with much of your description of the overwhelming problems we face. I disagree with your excessive pessimism on our efforts/prospects.

We face the most powerful force against the 99% in all history (corporatist oligarchs). The battle will take many years, but we will persevere, & succeed. We have only begun to create momentum for change.

One of our most difficult challenges is eliminating apathy, paralyzing pessimism, hopelessness at the seemingly impossible task.

So many uninvolved middle class people don't feel threatened by our current destructive economic inequity.

The popular (amongst middle class!) Social Security system is an excellent way to somehow get those middle class people involved and supportive of our progressive agenda for change that benefits us all.

Social Security expansion is only one effort to improve the lives of the 99%, excite/involve more people, grow the movement/pressure all pols to pass policies that benefit the 99%

We (you?) just can't give up. Do not submit to the despair our reality suggests.

You must "still rise"

Be strong. We need each other.

Solidarity

[-] 3 points by StillModestCapitalist (424) 4 months ago

I appreciate your opinion. We'll just have to disagree about our odds of success. Sometimes I slow down and take breaks but I never give up. I've been at this for 9 years. I don't expect to reverse our loss to the pigs. I only hope to make it slightly less severe and to be a thorn in the side of a few pigs.

[-] 2 points by 99nproud (2697) 4 months ago

More power to you. I spend very little time worrying about the insurmountable odds.

I will be a thorn as well, but will also acknowledge & mitigate the damage of the self destructiveness of apathy, & extreme crippling pessimism.

Growing the movement means persuading people they have a stake in the fight, & that we can succeed.

Why fight otherwise.?

And in the end, we MUST believe that the power of the people IS greater than the people (corporatist oligarchs controlling the peoples govt) in power.

"Arc of justice.." and all that jazz remember?

[-] 2 points by StillModestCapitalist (424) 4 months ago

I have mixed feelings about optimism. Years ago, when I used to spend my days off and most afternoons at the library posting rants all over the web, I used to show up there filled with glee. I really got a kick out of ripping on those 1% pigs. I expected to make a difference. But I noticed again and again and again and again that if not for my relentless efforts, the TOTAL search results for all of the relevant phrases posted within the previous 24 hours would drop significantly. Then, this movement really took off. It looked promising. Then, it faded significantly within two years. It's still a great site for sharing similar views but it's primarily the same half dozen excellent and very committed users sharing those views with each other.

All of this is very frustrating. I wasn't kidding about the skyscraper. I've seriously considered it many times over the past 7 or 8 years.

I no longer function on optimism. Never again. If it works for others, that's fine. For me, justified hatred is a much more powerful motive. I have truck loads of it. Fortunately, for the pigs, I also have truck loads of self-discipline. Otherwise, I would have made the news in a big way years ago. If I ever do resort to anything drastic, it will be me and only me going off the roof of that sky scraper. I would never give those pigs the opportunity to label me a criminal or a murderer or anything like that. I would never discredit this cause with a criminal act any worse than sneaking my way to that roof top.

[-] 2 points by 99nproud (2697) 4 months ago

Well, glad to know you don't wanna hurt anyone. Of course I would be remiss if I did not urge you to forego the skyscraper or any self destructive actions.

Anger is natural, and useful. Certainly our dire situation justifies all levels of anger. But as in all things, too much is bad. Too much winds up backfiring and hurting yourself, & your own cause.

The 'pigs' want us to let anger get the better of us (& so your "self-discipline" is necessary). It is part of the plan, in their manual.

The other extreme of naïve optimism is also ineffective. Some balance is required.

Keep fighting, but don't hurt yourself, & don't let anger consume you.

Peace

[-] 2 points by StillModestCapitalist (424) 4 months ago

Thank you. I'll be fine.

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Also consider - in expanding ( increasing ) SS benefits - another major problem can be addressed/alleviated = Affordable Housing. There is not enough affordable housing for low income ( below the poverty line ) SS recipients let alone for all of the minimum wage ( requiring public assistance ) workers. By increasing SS benefit amounts more of the housing market would be open to them. OH and not to forget = no government inspection programs required to see that subsidized housing is livable - if people can afford to live elsewhere = They Will !!!

But hey like you said elsewhere - It likely will take an act of God to see this issue (s) properly addressed.

ALSO:

No increases - not in benefits and not in a minimum wage will do any lasting good without proper caps ( and proper taxes ) on income of the 1% as the need will keep spiraling upward along with the greed fueled inflation.

[-] 1 points by 99nproud (2697) 4 months ago

Grow this protest! & Vote for candidates who support expanding benefits for our deserving elderly.

For decades progressives have been satisfied defending against conservative efforts to cut/eliminate benefits for our elderly.

Protests have begun (Thankyou Elizabeth) to demand expanding benefits.

OWS & other likeminded progressive groups get credit for encouraging this change in the national dialogue, and for showing the potential for protests.

Sign petitions, tweet, speak up, march, and vote for candidates who support expanding benefits for our elderly.

http://boldprogressives.org/campaign/expand-social-security/

FYI,

Peace

[-] 1 points by flip (7039) 4 months ago

how about the fed loaning social security money at zero percent (like they do for the banks!!) so that we could INCREASE benefits by 30% - that would cause many of us older folks to retire and open jobs for the youth of today! or better yet drop the age of full benefits to 55 and see what that does. do you think that would get the votes of the millionaires in the senate??

[-] 2 points by StillModestCapitalist (424) 4 months ago

That second proposal would be very good for retirees but also very expensive. Our sold-out leaders would never vote for that or anything else that shifts the distribution of wealth in that direction. They are not on our side. Not even the Democrats. They never will be.

[-] 2 points by flip (7039) 4 months ago

i don't think it would be expensive at all. almost every dollar given out by the fed would be spent (unlike the money given to the banks!) making the economy grow. but you are right - our politicians will not do something so simple and good for the majority. we need another populist movement to get us off the "cross of gold"

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Too expensive - huh - looking at the excerpt below - and not taking into consideration the games being played to discredit SS - well hell - there is no problem at all - we just 85 billion a month QE Social Security for a couple of years and - well HELL - HUGE SURPLUS - Heh. But nah I guess that it is better for all to just pour that 85 billion a month onto the ground ummm wall street ummmm yeah onto the ground like I 1st said.

2010 Annual Report

Today's economy has had a negative impact on Social Security, creating a situation whereby 2010's expenditures exceeded income before interest for the first time since 1983. The 2010 Social Security Trust Fund deficit stands at $49 billion, while the projected deficit for 2011 stands at $46 billion.

Read more : http://www.ehow.com/info_8661735_estimated-payout-social-security-recipients.html

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

That's why there is a subsidized housing ( they would prefer no such thing but ) program - is not enough - but they can say they care - because there "is" a program - which fortunately pays out to "some" rental property owners - ooo dare I say it? - investment properties.

OH - sorry you probably meant flip's 2nd proposal.

As I guess mine would have been proper caps and taxing of the wealthy - which would by the way help fund flip's 2nd suggestion.

[-] 2 points by StillModestCapitalist (424) 4 months ago

A progressive tax scale from very low for 4 figures of annual income to very high for 7 or more figures of annual income would do wonders for the lower majority and economic stability. Caps on bottom line wealth would do even more. But neither will ever happen. There will be no reasonable distribution of income or bottom line wealth and no relatively strong middle class until after the comet strikes.

By the way, you do well in this forum. I've been keeping track of you and a few others. Please tell me you post somewhere else as well. This one alone isn't reaching enough people.

[-] 1 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

By the way, you do well in this forum. I've been keeping track of you and a few others. Please tell me you post somewhere else as well.

Moi ?!??!??!

Gawrsh heh-huh shucks thanks.

No nowhere else unless you count twitter - which would be stuff I copy over or paste a link to from stuff here.

[-] 1 points by StillModestCapitalist (424) 4 months ago

Craigslist has a 'politics' forum in every major city and a bunch of smaller ones. You should be posting there as well. Sometimes, when an event makes the news that I want to comment on, I'll go to the CL location most relevant and post an entry. I've made a lot of users angry there. I've even had my life threatened a few times. That should tell you something. When someone tries desperately to make you shut up, there is a good chance that you're doing something right. Don't worry. It's anonymous. My views are as controversial as anything out there and nobody has found out my identity. Anyway, there are Federal laws protecting our anonymity.

Blogspot.com is another good one. I used to go to the library and sit there for hours posting copies of my rants all over the web. I had it down to a science. Well over 60 copies per hour.

You should be all over Craigslist and Blogspot. I guess facebook also but I hate facebook. I created a fake account with a fake name there a while back because a bunch of websites would not let me post without a facebook account. But I have no intention of creating a real account there ever.

You should be all over the web and talk radio as well.

[-] 1 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Anyway, there are Federal laws protecting our anonymity.

( edit ) LOL to jest perchance to laugh heeheheheeeheeeehah ha ha hahahahaaa ( edit ) sorry . . . ummmm errrr lets see . . . ah - To Sleep Perchance To Dream .......................... Yorik a fellow of infinite jest . . . now a guest of DHS...................alas . . . poor Yorik I new Him well now he rests in a cell................... oh Horatio

I tried facebook - thought it sucked - it went public - and as it was heading in that direction - I cancelled my account.

You should be all over the web and talk radio as well.

Well thanks - but - well - perhaps CL or Blogspot - I don't know I'll have 2 thimk on it.

[-] 1 points by flip (7039) 4 months ago

While I mostly agree I would like. You to keep this point in mind. Nobody saw the rebellion of 1968 and 69 coming in 1966. No demonstrations no student strikes and no black men going in the front door of the diner in north carolina

[-] 1 points by StillModestCapitalist (424) 4 months ago

That's a good point but we don't seem to have the same passion when it comes to economics.

[-] 0 points by flip (7039) 4 months ago

not sure what you mean - like we need a freedom summer for the 99% or a levitating of the fed?

[-] -1 points by 99nproud (2697) 3 months ago

Another Dem pushing expanding Social Security

http://www.washingtonpost.com/blogs/plum-line/wp/2014/03/13/push-to-expand-social-security-not-cut-it-gets-another-boost/

Pressure ALL pols to support expansion of benefits for the elderly!!

Vote 'em out if they don't!!

Don't be modest. don't be shy. Be daring! Be boisterous! Protest loud, Vote with confidence.

Solidarity

[-] 2 points by 99nproud (2697) 4 months ago

Petition! Expand Social Security!

https://www.dailykos.com/campaigns/600?tag=052814splash6

Bump for the 1st good thread I found on Social Security.

[-] 2 points by shadz66 (19985) 4 months ago

''Social Security Under Attack - Elizabeth Warren on Social Security: “It’s Values, Not Math” :

''Stealing from Social Security to Pay for Wars and Bailouts'', by Dr. Paul Craig Roberts :

fiat justitia...

[-] 3 points by 99nproud (2697) 4 months ago

Oooooh, I twinkled you for that one.

Great articles.

Expanding social security will be a boost to the economy while more importantly giving our elderly a deserved improved life with dignity.

Solidarity!

[-] 4 points by shadz66 (19985) 4 months ago

Errrmmm, thanx for your twinkle and kind comment and as per your reply and points, fyi - also do see :

''Why Cuts Are Being Proposed - Three words: Wall Street + taxes.''

fiat lux ...

[-] 2 points by 99nproud (2697) 4 months ago

Action to Expand Social Security

http://salsa.wiredforchange.com/o/6405/p/dia/action3/common/public/?action_KEY=9976

We're not broke, end austerity, Support our elderly!

[-] 4 points by shadz66 (19985) 4 months ago
[-] 1 points by 99nproud (2697) 4 months ago

Time to expand Social security!!

End the payroll contribution cap, & cut contribution ate for lower income levels.

http://www.huffingtonpost.com/j-david-cox-sr/social-security-changes_b_5493191.html

Stay informed,spread the word!

[-] 4 points by shadz66 (19985) 4 months ago

''Self-service checkout may work at grocery stores, but it's not the right model for an agency tasked with determining complex retirement and disability benefits for tens of millions of Americans each year. Do they really expect grandpa to hop on his iPad Mini to apply for benefits and get all his questions answered?

''Most of the individuals contacting SSA for help are elderly, disabled or indigent. Many others are active seniors who simply are overwhelmed by the complicated maze of laws, regulations and policies pertaining to retirement benefits. They deserve and expect face-to-face interaction with skilled employees who can ensure they receive all the benefits they are owed.'' - excerpted from your important link, from I also extracted the following salient links :

fiat justitia ...

[-] 3 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

''Self-service checkout may work at grocery stores, but it's not the right model for an agency tasked with determining complex retirement and disability benefits for tens of millions of Americans each year. Do they really expect grandpa to hop on his iPad Mini to apply for benefits and get all his questions answered?

Good point - also the web sites are all too often ( always ) less than helpful. Much to read with no real informational content or links to take one to the actual topic/issue page to continue or even initiate registration for aid = all text with no possibility of initiating actual action.

Example ( 1 ) - say a person is already collecting SS but now they need to find affordable housing that they qualify for so that they can keep a roof over their head and continue to eat on a somewhat regular basis. Going to the SS web site is likely gonna be one hell of a frustrating experience if one is looking for help ( trying to initiate an immediate action process ) with this issue = affordable or subsidized housing.

[-] 4 points by shadz66 (19985) 4 months ago

Banksters, Corporations and Wall Street can't wait to get their hands on Social Security and Public Sector Pension Pots & re. the ''Dark Money'' employed to try to secure this :

caveat ...

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Banksters, Corporations and Wall Street can't wait to get their hands on Social Security and Public Sector Pension Pots

Last untouched reserves of the body of society - open those gates - and see the death of society greatly increased in speed. Pouring out societies life's blood on the ground just like the 85 billion per month that is currently being poured out onto the ground.

[-] 3 points by shadz66 (19985) 4 months ago

The $85B / month is true !!! And utterly fkn mind-blowing !! ''Quantitative Easing'' = 'Queasing' ... ie. that which is certain to make you vomit and wretch IF you truly see it for what it is ! So also consider :

radix omnium malorum est cupiditas ...

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

QE should ( SHOULD ) have been shit canned the 1st time it was mentioned and replaced with QI ( quantitative improvements ) a clean energy and industry and infrastructure Public Works program to boost employment ( with a real minimum "LIVING" wage ) - to rebuild the engine and transmission ( drive train ) of the economy put on fresh positive traction wheels & fill ( to be self sustaining ) the economy's Fuel Tank for real healthy stability.

I mean really - why pour 85 billion a month - for YEARS - out onto the ground = QE ( quantitative easing ) ? Wall street is "NOT" the economy - "IT" at Best is JUST A REFLECTION OF THE ECONOMY. So the 85 Billion a month ( for years ) never came near the economy - it was poured onto a reflection - and so = straight onto the ground!!!

Please see an excellent explanation of QE ( link provided by shadz ) : http://www.informationclearinghouse.info/article26818.htm

[-] 3 points by shadz66 (19985) 4 months ago

''Quantitative Easing Explained'' (Video) :

Also do see the 'Comments Section' after ;-)

fiat justitia ruat caelum ...

[-] 4 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

[ EDIT ] aaaAAAHAHAHAAAHahahahaaaaahahaaaaaa - so good it HURTS

That should go VIRAL and be adopted by the educational system ( by force if necessary ) to be shown quarterly from pre-school straight through K-12 and every level and discipline of Higher Education.

EDIT -> Surviving Generations to refer to the teaching as = The GR8 No Brain-er Lesson or the HOW COULD THIS NOT HAVE BEEN SEEN IMMEDIATELY - conundrum.

Likely to late for many of the already processed/programmed - But? - then again - who knows?

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Loved that so much that I had to copy the link you provided edit a comment of mine and then tweet it.

[-] 1 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

I didn't open the link - but - by chance is it a visual ? a picture? say perhaps of someone sitting on the toilet?

[-] 1 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Just had ta Edit ( again ) and tweet that comment:

DKAtoday @DKAtoday · now

QE - quantitative easing

REALLY ?

Why not QI - quantitative improvements ???

A program that would work.

https://occupywallst.org/forum/social-security-is-strong-by-sen-bernie-sanders/#comment-1036054

[-] 1 points by shadz66 (19985) 4 months ago

Open The 'QE' Link !!! Humorous & Instructive !! Comments ok too ;-) ! Here's another in a similar vein :

verum ex absurdo ...

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 4 months ago

Also funny and Sad - but got down to the bare basics right enough.

[-] 2 points by DKAtoday (26523) from Coon Rapids, MN 2 years ago

Boy did you see all of the republican signatures in support?

Wow I AM ABSOLUTELY STUNNED BY THE BIPARTISAN SUPPORT.

See? Now this is an issue that everyone can support.

[-] 2 points by shadz66 (19985) 2 years ago

Appreciating your acerbic sarcasm there 'DKAt' :-)

Older voters tend to vote and have memories and even Replicants should have known which side their bread is buttered when it comes to the imminent elections ... you'd think so anyway !!!

multum in parvo ...

[-] 4 points by DKAtoday (26523) from Coon Rapids, MN 2 years ago

This is something that every official should be aware of. There are a lot of us older voters too.

[-] 2 points by shadz66 (19985) 2 years ago

High time to mobilise all The Grey Radicals and get them to ally and inspire the younglings !!!

dum spiro, spero ...

[-] 3 points by DKAtoday (26523) from Coon Rapids, MN 2 years ago

I would love to see an outreach to AARP and a similar response from them. This I believe would be a healthy relationship.

[-] 2 points by Nevada1 (4784) 2 years ago

Hi shadz66, Thank you for this post. It says so much. Best Regards

[-] -1 points by shadz66 (19985) 2 years ago

Thanx 'Nev1' and I'm drawing your attention to the essential but disturbing documentary that I've linked to in my reply to 'GirlFriday' as well as the links below.

pax, amor et lux ...

[-] 2 points by Nevada1 (4784) 2 years ago

Thank You

[-] 1 points by penguento (362) 2 years ago

The only problem is that there isn't any such thing as the social security trust fund -- it's an accounting fraud. The money that's collected is turned over to the treasury and immediately spent. The treasury then issues an IOU in the form of a treasury bill, that can only be paid off by collecting more taxes from the same people they taxed the first time around. There isn't a real, actual dime set aside anywhere. The only thing they have is a very large pile of T-bills payable with future revenues (e.g., taxes)

It's exactly the same as if you had a hundred dollars, wrote yourself an IOU for a hundred dollars, spent the money, and then claimed you had a hundred dollars in "investments." You go to jail for that sort of thing if you're not the government.

[-] 1 points by shadz66 (19985) 2 years ago

Your point holds water but by that standard the entirety of The Federal Budget is "an accounting fraud" and more pertinently "High Finance Kaputalism" is a Giant Ponzi Scheme and a clear 'busted flush' !!!

Thus :

ad iudicium ...

[-] 1 points by penguento (362) 2 years ago

I quite agree - the rest of the federal budget is calculated in a similarly fictitious manner, as are many state and local government budgets. It also happens in business a lot too. The difference in those cases is that none of these other folks can do it with impunity like the feds can. Sooner or later the ponzi scheme goes bust when the money runs out. That's what happens to businesses, and that's what's happened to some cities recently. Someday it'll happen to the federal government too, just like it happened to Greece, it'll just take longer.

[-] 0 points by shadz66 (19985) 2 years ago

A useful pie-chart for you :

pax et lux ...

[-] 0 points by GirlFriday (17435) 2 years ago

Yes. Lift the cap.

[-] 1 points by shadz66 (19985) 2 years ago

Consider, Sen. Sanders' possession of a pair of testicles is coded in (I-Vt.) !!!

Why don't more American States return Independents to Congress ?!!

Or more Demoblican/Replublocrat demoCRAZY deMOCKERYcy ?!

ad iudicium ...

[-] 2 points by GirlFriday (17435) 2 years ago

In many states, the independent is someone that didn't get in with the Republicans. In my area, they are Tea Party people.

[-] 3 points by GypsyKing (9780) 2 years ago

Yeah, I think it's premature to try to switch to Independent. In fact I think that would be a disaster before the upcoming election.

[-] 1 points by GirlFriday (17435) 2 years ago

I am independent. It has become increasingly difficult to find people that run as Independents that are not Republicans or Tea Party in my area. Well, let me be clear. I have been here 10 years. In that 10 years- that is what I have been seen.

[-] 2 points by shadz66 (19985) 2 years ago

Hate (and a bit scared!) to bore you but so again :

  • "Occupy The 'Independent' Option On The Ballot" !!!

  • "Bring Back Hand Counted Paper Ballots" !!

ad iudicium ...

[-] 2 points by GirlFriday (17435) 2 years ago

You never bore me, Shadz! :D

[-] -2 points by shadz66 (19985) 2 years ago

Thanx :-) & thus on the paltry matter of voting, something to bend your brain more than a bit, so please do strap in and try to set an hour of time aside for :

Audio kicks in at 1min 30 secs + This film is also viewable on 'YouTube' in six parts.

pax et lux ...

[-] -1 points by shadz66 (19985) 2 years ago

I see and agree with your line of thought in the short term up to November (as I always have done) but thereafter 'nose-holding and voting' just won't do !! The Duopolistic Faux-Contest betwixt 'Tweedledumb and Tweedledumbass' has to be fractured once and for all or else it'll again continue to be a case of 'plus ca change plus c'est la meme chose' !!!

respice ; adspice ; prospice ...

[-] 3 points by GypsyKing (9780) 2 years ago

Well, we are in complete agreement then. This two party - one party system has to go. How exactly, I don't know, but it has to go.

[-] 0 points by shadz66 (19985) 2 years ago

"Occupy" The 'Independent' Option On The Ballot !!!

Bring Back Hand Counted Paper Ballots !!

Back To The Future !

per aspera ad astra .

[-] -1 points by NationalSocialist (-3) from San Francisco, CA 2 years ago

A true relief that it is very solvent.

[-] 0 points by shadz66 (19985) 2 years ago

Yep, but a very strange moniker there, dude !!!

temet nosce ...