Right now we are watching the outright THEFT of $3 Trillion from the Social Security Trust Fund by the fanatic Republican elitists and their tea bagger allies. For years hard working Americans of ALL political stripes, from every state and territory, and ranging from the working poor to the well to do have created a massive trust fund to protect our Social Security benefits. The Trust Fund was meant to be available in times like these, when a recession causes receipts to fall short for a couple of years. It's money in the bank for a rainy day. Well, now it's a rainy day.
Last year the Old Age and Survivors programs, plus the Disability program ran a $46 billion deficit. For this year those programs are expected to run a $46 billion deficit. Next year the deficit will fall to about $20 billion. The $2,940 BILLION Trust Fund easily handles the shortfall! The temporary shortfall of $115 billion would not even dent our paid up trust fund. The interest paid into the fund alone covers the shortfall. So why is everyone in Washington screeching that Social Security is in crisis, in deficit, and in need of reform? Because the plan is to STEAL your Social Security Trust Fund to pay for more tax cuts for the very richest of Americans, the top 1/100th of 1%!
Right now our economy is in trouble (as we are all aware of). Tax revenues are dwarfed by expenditures. The Republicans, and especially the fanatical pawns of the ultra right calling themselves the "Tea Party" understand a very basic principle: we cannot afford to take the IOUs put into the Trust Fund and pay for benefits already earned without either cutting somewhere else or RAISING MORE REVENUE! To do so would merely be replacing the IOUs in the trust fund with more IOUs. The masters who created and paid for the "tea Party" realize we cannot afford to pay out those benefits to ordinary Americans who've already paid for them AND give a massive tax cut to the rich elite that runs/owns this country and its government. (Notice I did not say OUR government? Because this PROVES who has ALL our representatives in their pocket!)
If the pawns of the "Wall Street" billionaires can lie and convince us that Social Security is damaged, is welfare, and needs "reform", then they never need to pay back that deposit we have all accrued in the Social Security Trust Fund. In essence they will have stolen it, the same as if a landlord never pays back a $3 trillion security deposit through dishonesty! Instead of paying regular Americans the benefits they have EARNED AND ALREADY PAID FOR they can instead extend Bush's insane tax cut for the elite! Already the Republicans are slobbering over the prospect of stealing our money and offering it up to their masters in the form of even GREATER tax cuts for billionaires! This makes no sense economically as well as being completely unfair and corrupt!
The lie is that if we transfer the wealth from ordinary Americans to the rich elite they will create jobs with it. This is not just a demonstrable lie, but the exact OPPOSITE of the truth. The truth is that we are in a fix for two reasons. 1) The rich SPECULATED/GAMBLED with the Bush tax cuts by handing it over to hedge fund managers and their ilk on Wall Street, who if they invested it did so in CHINA and elsewhere. The Bush years, when we gave these massive tax cuts to the ultra-elitists- actually saw a LOSS of 10,000,000 jobs. 2) The problem in our economy is that the salaries and wages of ordinary Americans has SHRUNK under this corrupt government that screws over ordinary Americans and gets on their knees for the elite. This has meant purchasing power of the vast majority of decent Americans has actually gone DOWN tremendously. (We all realize this every time we go to the grocery or fill up at the pump!) By cutting Social Security and giving a massive tax giveaway to billionaire speculators we will further diminish the purchasing power of consumers while fueling the very speculative/corrupt practices that caused this "Free Market" Depression.
I say, call your representatives and tell them that you will NOT allow the theft of our social security trust fund to pay for the taxgiveaways to the billionaire elitist speculators who bribe them with "campaign contributions"! Tell them that ALL AMericans come before their paymasters, that PEOPLE are more important than their megacorporation overlords. Tell them that we will not stand by while they screw over our parents and grandparents by order of the corrupt elitists who own them lock, stock, and barrel!
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