Monday, November 12, 2007

NEWS FLASH: THERE IS NO SOCIAL SECURITY "TRUST FUND"

Who ARE These Idiots That Believe There Is?


Look at this story.

WASHINGTON (AP) — Democrat Barack Obama said Sunday he will push for higher Social Security taxes if elected, viewing it as the best option for improving the retirement program's
finances.

Obama and several other Democratic presidential candidates previously have signaled support for lifting the cap on the amount of income that is taxed to provide monthly Social Security checks.

But during an interview on NBC's "Meet the Press," Obama said taxing more of a person's income was the option he would push for if elected president. He objected to benefit cuts or a higher retirement age.

"I think the best way to approach this is to adjust the cap on the payroll tax so that people like myself are paying a little bit more and people who are in need are protected," the Illinois senator said.

"That is the option that I will be pushing forward." Currently, only the first $97,500 of a person's annual income is taxed. That cap is scheduled to rise to $102,000 next year. Obama's proposal could include a gap or "doughnut hole" to shield middle-income earners from higher payroll taxes, he said.

Dammit, anyone that has any sense knows that the Imperial Federal Government of the United By God States Of America stole the proceeds of the so-called Social Security "Trust Fund" under Nixon back in the 1970's when they started commingling the revenue stream with the general budget.

If you managed to find a key and wandered up to Washington DC to open up the lamestream media glorified "lock box", instead of cash or gold bullion, all you will find inside are a bunch of IOU's written by the same lieing stealing bastards that we've all managed to (re)elect to office over the past 40 years.

And now Obama and 97% of congress--both Republican and Democrat--want to steal yet more money from higher wage earners to hand to all the withering masses of citizens that will be retiring over the next twenty years (myself included.)

Here's how the ASSociated Press reporter puts it:

Social Security is projected to start spending more than it collects beginning in 2017, with its trust fund depleted in 2041.

How can people that have spent four years of their life attending college, and a big chunk of their parent's money in the process, still sit in front of a computer keyboard and write the words "trust fund" and the other BS that is still written about Social Security with a straight face.

In the real world, based on things like reality and little details like FACTS, this shouldn't even be a news story. If there is a news story here, it's that the little shiny black presidential candidate is a class warfare pandering moron just like the balance of the other stupid, lieing Caucasian white pandering morons with testicles or ovaries dangling between their legs during this political campaign season.

They're all either STUPID, or they're LIARS, or possibly BOTH, and they must think that the public is all STUPID also, in my considered Redneck opinion.

Are you that STUPID?

I'm not...

No comments: