
John McCain wants laws that would force you to turn over a portion of your hard earned wages and salaries to Wall Street insiders! When Wall Street seems to be poison, Dr. John McCain's prescription: 'Just keep on doing whatever makes you sick'. McCain's campaign could not have picked a worse time to invent and exploit a phony crisis. Can you say 'idiot'?
At a time when Wall Street is proven to be sick, crooked, bloated, corrupt, and voracious, McCain proposes to force young workers to trust Wall Street with their money. Meanwhile, Wall Street will be bailed out --at your expense --and no one bothered to ask your opinion! It's the most draconian legislation since George Bush declared himself a dictator and declared the Constitution 'just a goddamned piece of paper!
Like the rest of the GOP, John McCain uses the Orwellian term 'privatize', 'privately managed accounts', etc to describe what amounts to the dismantling of of Social Security. McCain calls Social Security 'an absolute disgrace!' It is --in fact --the government's only unqualified success. His plan to force younger workers to trust Wall Street with their savings will be another AIG disaster; McCain will give workers no choice. It is literally 'your money and your life!'
Would you patronize a doctor if he told you: "just keep on doing whatever it is that makes you sick!" Meanwhile, Dr. John tells you in effect: "let's just keep sending money up to Wall Street! They need it more than you do!"
The annual report of the Social Security system's trustees reveals a system in pretty good financial shape. In fact, it would take only modest injections of money to maintain that system's current benefit levels for at least the next 75 years. Other reports, however, appear to portray a system in deep financial trouble. For example, a 2002 Treasury study, described on Tuesday in The New York Times, claims that Social Security and Medicare are $44 trillion in the red. What's the truth?
--New York Times
Social Security is in even better condition that the Times have described. According to the Treasury study --there is NO Social Security crisis.
Here's a hint: while even right-wing politicians insist in public that they want to save Social Security, the ideologues shaping their views are itching for an excuse to dismantle the system. So you have to read alarming reports generated by people who work at ideologically driven institutions -- a list that now, alas, includes the U.S. Treasury -- with great care.
First, two words -- ''and Medicare'' -- make a huge difference. According to the Treasury study, only 16 percent of that $44 trillion shortfall comes from Social Security. Second, the supposed shortfall in both programs comes mainly from projections about the distant future; 62 percent of the combined shortfall comes after 2077. .
--PAUL KRUGMAN,Social Security Scares
What McCain will not tell you is that shortfalls caused by Bush's tax cuts are the source of the 'crisis' --not Social Security. Krugman reminds that Social Security --"unlike the rest of the federal government" --runs a surplus! The problem is Bush's tax cut' which benefited only the wealthy. The lingering effects of Bush/GOP incompetence will continue to be the source of real problem and real crises until the GOP crooks and liars are shown the door.
McCain's record on this issue is full of lies and distortions based the GOPs disingenuous philosophy of 'laissez faire' --deregulation and weakened consumer protections. McCain calls his proposed theft of Social Security --'reform' and wrote an article in which he praised banking deregulation and promised the same for the health insurance industry. Is McCain senile or just out of touch. Is he even aware that the people of the US are now 'bailing out' the Wall Street fat cats? Nevermind, the GOP wants you to just keep on doing whatever makes you sick!
Send McCain a message, in fact, bombard his headquareters. Tell him in all caps:
THERE IS NOTHING WRONG WITH SOCIAL SECURITY BUT THE GREEDY BASTARDS ON WALL STREET AND IN WASHINGTON!
STOP LYING ABOUT SOCIAL SECURITY!
STOP TRYING TO MANUFACTURE A CRISIS!
STOP DEMAGOGUING THIS ISSUE!
KEEP YOUR MITTS OFF SOCIAL SECURITY!
You might also remind the fuzzy cheeked idiots in your congressman's office that Paul Krugman was right and prophetic when he said that the biggest risk facing Social Security was and remains 'political'. McCain's demoguogery is proof of it. As Krugman asked "Will those who hate the system will use scare tactics and fuzzy math to bring it down?" Of course they will! It's the GOP way!
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Published Articles
• Bush's Conspiracy to Create an American Police State: Part I, Police States Begin With False Flag Attacks
• Bush's Conspiracy to Create an American Police State: Part II, A Climate of Fear is Maintained
• Bush's Conspiracy to Create an American Police State: Part III, In Fascist Dictatorships Telling the truth becomes a crime
• Bush's Conspiracy to Create an American Police State: Part IV, the state forces an 'existential' choice
• Bush's Conspiracy to Create an American Police State: Part V, Public Opinion Becomes Irrelevant
• Bush's Conspiracy to Create an American Police State: Part VI, The government places itself above the law
• Bush's Conspiracy to Create an American Police State: Part VII, The Government Denies 'Due Process of Law'
• Bush's Conspiracy to Create an American Police State Part VIII: Atrocities are justified with lies, myths or propaganda
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September 25, 2008 By: Len Hart McCain Lies About Social Security, via The Existentialist Cowboy