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Forum Post: Trust Fund Perfidy

Posted 1 week ago on June 16, 2017, 9:34 a.m. EST by agkaiser (1705) from Fredericksburg, TX
This content is user submitted and not an official statement

FICA tax withholding from our paychecks is the source of the social security trust fund.

The mostly conservative politicians borrowed and spent the the trust fund on regular government expenses at the same time they gave tax cuts to their wealthy patrons.

Now they tell us that social security is broke, because they don't want to tax the rich to get back the money they stole from us. (A loan that one has no intention of repaying is a theft.) They say social security and Medicare are a great part of government expenditure. The reality is they owe that money to us because they already taxed us to get it and spent it on the military industrial complex and other corporate welfare programs and/or tax cuts that also make their handlers richer.

Who are they? Paul Ryan is one. http://www.cbpp.org/research/the-ryan-budgets-radical-priorities If you've been paying attention, you know others. If you haven't, you'd better start educating yourself on the 2017 economic realities in America.

The attack on social security is only a hint about what's going on in neoliberal times. Eventually people will see that most politicians and especially conservatives serve only the rich masters. Perhaps more frequent mass shootings are a sign of that change, like more frequent storms indicate climatic upheaval.

What follows is most of the last paragraph of seven by Gaius Publius: "The Collapsing Social Contract"

"... The country is already in a pre-revolutionary state; that's one huge reason people chose Trump over Clinton, and would have chosen Sanders over Trump. The Big Squeeze has to stop, or this will be just the beginning of a long and painful path. We're on a track that nations we have watched - tightly "ordered" states, highly chaotic ones - have trod already. While we look at them in pity, their example stares back at us."

Take 30 seconds and read the whole thing:

http://www.nakedcapitalism.com/2017/06/gaius-publius-collapsing-social-contract.html

2 Comments

2 Comments


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[-] 2 points by agkaiser (1705) from Fredericksburg, TX 1 week ago

There's no honesty or sincerity in them!

[-] 2 points by ImNotMe (1488) 1 week ago

''We Are Not Broke: Trashing the Austerity Lies'', by William Rivers Pitt:

as ... ''Five Men Own Almost As Much As Half the World's Population''

Thanx for excellent forum-post. It needs to be read and disseminated widely.

radix omnia malorum est cupiditas ...