The Scam Is On


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Posted by Speaking Just For Me on February 05, 2005 at 18:53:54 (PST):

In Reply to: Sosial Security posted by Prez on February 05, 2005 at 18:22:28 (PST):

: You're going to hear a lot of claims about President Bush's blue
: print to privatizing Social Security. Here's the truth.

: Privatizing Social Security will not mean more money for you.
: Privatization will cut benefits by 30 percent even for workers
: who don't choose to have private accounts. That adds up to
: $152,000 lost by the average worker who lives 20 years beyond
: retirement. And if you do choose a private account, the
: government will take back 50 cents for every $1 in your
: account--on top of the 30 percent benefit cut.

: * Privatizing Social Security is not really voluntary. You'll
: get the benefit cuts even if you don't want a privatized Social
: Security account.

: * You won't be in charge of your privatized Social Security
: account. Politicians will hand-pick Wall Street firms to control
: the investment accounts--paving the way to corruption and
: Enron-ization of Social Security.

: * Retirees can't pass privatized Social Security account money
: on to your heirs. The accounts will be converted to annual
: payments.

: * We have time to strengthen Social Security the right way--not
: by slashing benefits. Social Security can pay full benefits
: until 2042 even with no changes at all. We should strengthen
: Social Security with commonsense approaches--like requiring
: Congress to pay back money it has borrowed from Social Security
: or rolling back the most egregious tax breaks for the very
: wealthy.

: You won't hear the word "privatization" coming from President
: Bush--because his pollsters and spin doctors know America's
: voters oppose privatizing Social Security. He'll call it
: "personalizing" Social Security. No matter what word spin he
: uses, the reality is this: Privatizing Social Security will cut
: benefits, add $2 trillion to the federal deficit in just the
: first 10 years, push seniors into poverty and replace guaranteed
: retirement income with "personalized" risk.


: Please share these facts with people you know by forwarding this
: message to your friends, families and working people.

People have got to start taking their red and blue blinders off and begin seeing things as they are fall trap to this politically-made confrontation between red and blue states. This Social Security bankruptcy is a sham.

This administration is using the same approach as the weapons of mass destruction. We went into Iraq because of these weapons, but as the war went on...no WMDs. So, we changed the theme to removing a tyrant and spreading freedom thorughout the world. And that guff about the weapons being moved, this is just not true. I worked in the military in this area of work, if we knew of the weapons, we could have tracked them from Iraq to the North Pole. Now, everybody has seemed to forget about the reason why we went into Iraq.

The same thing will occur with Social Security. This administration is going to scare the hell out of the people and repeat over and over how we are on the verge of financial disaster with no data supporting their theory. The system will be privatized and years down the road we will learn that the system really wasn't in that bad of shape, but since we already did it, we might as will stick with the privatization process.

We are becoming so gullible as a society, just because we believe in this huge void between the Dems and the GOP. Get with it, people, they are fooling you to get their way. The damage to this system with the current proposal is a disaster on it's own.



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