Are you paying your FICA, the amount needed to secure your retirement, otherwise called Social Security? Did you know that your retirement is not secure even though you're paying into this "fund" for all of your working life? Your answer is probably "No". That's because the government is hiding their chicanery from you so that you won't march into the Capital screaming "How dare you steal my money?"
According to the Social Security Report, social security was in a $7.7 trillion hole as of 1/1/09. To keep Social Security healthy, $15.1 trillion is needed to invest to insure sustainability of the program for 75+ years.
How much is invested in real liquid and transferable assets today? Nothing! Not one penny is real.
Social Security is one big unfunded promise--just a clever accounting trick, no strike that. It's not clever, but the power of our government can do this and get away with it. Every dollar that comes in is transmitted to the federal government and "credited" to the Social Security Trust Fund. Wait till you find out what that is.
The government spends the money that comes in and provides "special issue" government securities in return. A complete record shows government has issued $2.4 trillion in "special issue" U.S. government securities credited to the trust fund as of 1/1/09. These "special issue" securities are held in a locked file cabinet in West Virginia.
What's special about these securities? They can't be sold. Why? Because they're IOUs that the government issued to itself to be paid back later, with interest. Think of that. Imagine you had a drawer in your house in which you wrote yourself IOUs with money you received from a creditor. And how then are these IOUs treated? Are they your liabilities? They should be. But our government doesn't consider these IOUs of money they owe us to be liabilities. Another way of saying the government doesn't think it's our money, the money we've paid in for our security retirement.
These "special issues" are worth nothing. That's bad enough, isn't it? But there's more. The Trust Fund reports these securities on the annual report as assets rather than liabilities. No con artist would be allowed to get away with this.
In actuality, Social Security has been running large surpluses since the reform of 1983 but Washington has spent every dollar of this money on other government activities including their own salaries, health insurance for American royalty--all federal employees from President on down. And on Nancy Pelosi's jet set life, all the perks the Congress gives to itself, etc.
By calling this money "assets" and using it to pay for other activities, the government reduces its public borrowing and keeps interest rates down. Had enough? There's more government chicanery. In public reporting, the government takes the real operating deficit of $638 billion in fiscal 2008 and subtracts the non-existent amount credited to the Social Security Trust Fund, which in 2008 was $183 billion. In effect, the government makes you believe the federal budget deficit isn't as big as it really is. They subtract the $183 billion from the $638 billion and that leaves $455 billion as our federal deficit.
These are grotesquely dishonest accounting tricks for which any one else who did it would pay in jail time. Another way of describing it is: cooking the books.
When the government says Social Security is going broke, it is an outrage. The reason is not that you're not paying in enough to support your retirement, but that the government is stealing your money instead of investing it and securing your future.
My God! When will the people wake up and throw these thieves out of office?
Read David Walker's book, COMEBACK AMERICA. He was the Comtroller of the Currency for 12 years during both Republican and Democratic administrations. He is very knowledgeable and most of what I have said here comes from his book, research, and experience.
Saturday, February 6, 2010
Friday, January 22, 2010
OBAMA'S RADICAL TAKEOVER ATTEMPTS
I have to say I told you so. This president is a clear example of The Peter Principle: he has risen to the level of his incompetence, but that's not the worst of it. He has a radical agenda--to socialize this country, to, in his own words, "redistribute the wealth," and he is definitely out of touch with what Americans are all about.
Obama couldn't do his government takeover with health care and the auto industry, so now he wants to destroy the banking system.
With the auto industry, he took creditors rights away and gave the assets to the unions. With health care he tried to allow union members the right to have cadillac health insurance but to be exempt from the taxes he wanted to place on everyone else. And he was satisfied to have $500 billion taken away from Medicare to give to the uninsured (including illegal aliens.) Rationing of health care for the elderly was okay with him. What a guy!
Without a strong financial system, we're toast because our manufacturing base is gone and won't return. What we still have is technology and the financial industry.
There is something very sinister about the way this administration operates, worse than the worst of the Bush administration. At least we could trust that Bush was a patriotic American who wanted to keep us safe and he actually succeeded after 9-11.
I can't imagine how anyone who has our safety uppermost could try these murderous terrorists in civilian courts in NYC. And the decision to do so was made without consulting anyone in the intelligence community. It was a decision made by Obama and his attorney general, Eric Holder without input from the experts or with the city of NY. Are they crazy or incompetent or worse--working against America's best interests?
Obama's criticism of us to the rest of the world, his countless apologies and bows to leaders of countries who hate us should give every intelligent American pause. What is he up to? With the radical world he lived in and now with the damage he's doing to our free enterprise system, I can't trust him at all. However, I am not the least bit surprised that he is doing his damnedest to harm us or at his decline. That's why I voted for McCain after being a staunch Hillary supporter. I was right.
We have to free this country from the likes of Obama.
Obama couldn't do his government takeover with health care and the auto industry, so now he wants to destroy the banking system.
With the auto industry, he took creditors rights away and gave the assets to the unions. With health care he tried to allow union members the right to have cadillac health insurance but to be exempt from the taxes he wanted to place on everyone else. And he was satisfied to have $500 billion taken away from Medicare to give to the uninsured (including illegal aliens.) Rationing of health care for the elderly was okay with him. What a guy!
Without a strong financial system, we're toast because our manufacturing base is gone and won't return. What we still have is technology and the financial industry.
There is something very sinister about the way this administration operates, worse than the worst of the Bush administration. At least we could trust that Bush was a patriotic American who wanted to keep us safe and he actually succeeded after 9-11.
I can't imagine how anyone who has our safety uppermost could try these murderous terrorists in civilian courts in NYC. And the decision to do so was made without consulting anyone in the intelligence community. It was a decision made by Obama and his attorney general, Eric Holder without input from the experts or with the city of NY. Are they crazy or incompetent or worse--working against America's best interests?
Obama's criticism of us to the rest of the world, his countless apologies and bows to leaders of countries who hate us should give every intelligent American pause. What is he up to? With the radical world he lived in and now with the damage he's doing to our free enterprise system, I can't trust him at all. However, I am not the least bit surprised that he is doing his damnedest to harm us or at his decline. That's why I voted for McCain after being a staunch Hillary supporter. I was right.
We have to free this country from the likes of Obama.
Monday, January 18, 2010
OBAMA IS A BOLD-FACED LIAR
BARACK HUSSEIN OBAMA IS A BOLD-FACED LIAR.
Two of his biggest lies among so many are: that he would close Guantanamo within a year of his inauguration or serially (eight times) declaring that he would insist on health care debate airing live on C-SPAN.
Not telling the truth has a lot to do with his sinking polls. So I don’t quite buy the liberal lament that the people will support Obama when the economy improves.
No, the American people are losing confidence in Team Obama because quite simply they are tiring of being lied to, and treated like children in need of Ivy-League intelligence and protection.
Yes, they intrinsically liked Obama and were willing to ignore their suspicions that he had not come clean on his real ideological intentions, his radical leftist past, his intimate association with the creepy Rev. Wright, and his partisanship that had made him the most liberal senator in the Congress.
So let's analyze the Obama deceptions:
1) The bait and switch lies. Here, we, the eager voters, were told that there are no more bad blue/red state dichotomies. We are a purple America. Instead, we immediately witnessed the demonization of the supposed “rich” (I say supposed, because the Buffet/Gates/Turner plutocrat is exempt), who are not “patriotic,” do not wish to “spread the wealth,” and must “pay their fair share.” Almost immediately Obama’s Bush became America’s Orwellian figure constructed to unify the people around an evil predecessor incapable of a single positive act — whether keeping us safe for over seven years from another 9/11-like attack, freeing 50 million from the Taliban and Saddam, or generating enormous national wealth from 2002-08.
Some deluded voters in November, 2008, went for Obama on promises of a new kinder, gentler politics. They got instead the most partisan, nasty Chicago politicking in memory. Remember his busloads of ACORN and SEIU thugs who strong-armed women voting for Hillary.
2) The “noble” lies. These are untruths aimed at the common good. In Cairo, we were told Muslims did all sorts of wonderful things in the past like invented printing and sparked the Renaissance and Enlightenment. Why not fabricate and exaggerate when the intentions are global ecumenicalism?
Remember the new tactic of assessing job losses by “jobs saved”? And why not, since we wish to bolster our spirits and believe that our borrowing was not wasted on pork-barrel insanities, rather than “investments” that created “millions of green jobs” that otherwise would not have existed?
And we must believe that health care reform as envisioned by the Obama massive state assumption of private insured care will save “trillions in waste and fraud.” Believe that, and at last the dream of “universal health care” is obtainable.
Remember the phrase “using all our resources” during the high energy prices of the 2008 campaign? Obama then was a centrist who would drill, develop nuclear, look for more gas, burn coal — all to tide us over as we waited for the dream of Van Jones. That too was a noble lie, necessary for we fools to cling to, while the anointed fashioned a “green” cap and trade future for us, whose efficacy we could not quite yet fathom.
3) Tactical lies. Then there are the tactical lies to achieve the desired ends in “that was then/this is now” fashion. Health-care debate on C-SPAN/health care debate behind congressional doors. Taxes on Cadillac health plans were an inane McCain idea/taxes on Cadillac health plans are a way to eliminate waste and fraud; stupid, clueless Bush was pushing unpopular social security reform that 65% of the people didn’t want/wise, hip Obama is pushing noble health care reform that 65% of the people don’t want. The list is endless and started in 2007 with public campaign financing as good for dark horse candidates/public campaign financing as bad for front-runner cash cows. Obama promised to rely on public campaign financing and then reneged on his promise once the Muslim money was laundered and sent to him in small untraceable donations in the amount of at least $47 million.
Apparently two or three “let me be perfectly clear”s and 3-4 “make no mistake about it”s — when prefaced to something like “no more lobbyists in government” or “posting legislation well in advance on the internet” — but it didn't happen as he promised it would.
4) The Deadline Lies. Remember those? You’ve seen that sort of “if you don’t, then you….” in the supermarket when the poor harried mom has the three-year-old kid screaming and kicking on the aisle floor, and screams back as she blocks shoppers, “If you yell one more time, I’m going to spank you!” — as he screams and kicks all the louder.
Guantanamo shut by January 21, 2010? Iran in non-proliferation compliance by the UN summit or the G-20 meetings or the October face-to-face negotiations or the first of the new year? Remember health care done by the summer break? By Thanksgiving? By Christmas or else? By the first of the year?
What are the catalysts for such prevarications?
1) Habit. Obama could more or less say anything in mellifluous tones, and the media would become enraptured. This ability to charm by sounding honey-tongued while saying nothing started perhaps in the Ivy-League and has never ceased. Some habitual liars persist since they are never caught or even admonished. Obama is never called to account (cf. Robert Gibbs’s angry reaction to the blasphemy when asked about the C-SPAN fantasies). The media and Obama have an unspoken pact that goes something like the following: “We both are educated elites who know best for the Neanderthals. So from time to time I will have to lie to you to get our shared aspirations realized; and I accept from time to time, you will have to play act as critics to cling to some sort of legitimacy that is likewise necessary for our joint aspirations.” (And then we’ll both have a beer together afterwords.)
2) Morality. All philosopher-kings believe that the ends justify the means. To make us loving, caring equals — with no rich, no poor — we must sometimes adopt the Chicago politics that we insist we abhor. A Tony Rezko is bad, but a Tony Rezko is temporarily necessary to get the sort of hope and change we’ve been waiting for.
3) Squaring circles. You can reconcile thinking that the U.S. is culpable for its race/class/gender felonious past, and globe-trotting the world on a presidential luxury jet with the red, white , and blue plastered all over it — the logical manifestation of a uniquely meritocratic, capitalist, and free-enterprise economy. One cannot damn insider, influence-peddling, private-jet flying Wall Street bankers, corrupt insurers, and “the rich,” and then hire the same, frequent the same, and aspire to be the same. Class warfare is hard when your own profile is the logical target. And so one is bound to change the story as hypocrisy rears its ugly head.
4) Personal confusion. Read both Obama memoirs (is that the right word for these auto-hagiographies?), and it becomes clear that he is still confused who he is. Barry Soetoro (who went to Occidental college on a Pell grant for foreign students? Or who graduated from Harvard Law School with no student loans though he had no income nor did family pay for his education.) Barry Dunham? Barack Dunham? Barack Obama? Barry Obama? Prep school upper-middle class in Hawaii or impoverished minority in need of affirmative action? African or African-American or plain old American suburbanite? Harvard Law Review and Chicago Law lecturer or unpublished wannabe legal professor? Harry Reid’s unaccented “Negro” dialect or Harry Reid’s ability to turn it on only as needed? Racial healer who wows the suburbanite and NY-DC insider clique, or angry racialist who throws out “stupidly,” the clingers speech, “typical white person” and brags about not missing a Rev. Wright sermon to the Chicago Sun-Times? When one is confused about who one is, one creates alternate narratives and personas — and, yes, often they will clash.
The economy might just be in what we heard once (wrongly, in fact, in 2004) categorized as a “jobless recovery.” And, yes, the people have roared that they don’t want the remedies of government run health care, mega-deficits, higher taxes, more government, green boondoggles, apologetics abroad, blanket amnesty, and more lunatic appointments like Van Jones and Anita Dunn.
But what is taking Obama down below 50% approval is mostly a public awareness that they elected a deeply cynical man, who either cannot or will not speak the truth or keep his promises. In the postmodern world of Barack Obama there is no truth per se, just competing narratives privileged by the relative degree of power behind them and the relative perceived moral intent involved.
So when the advocates of hope and change, of non-traditional America, of the poor and the needy and the more noble, say something, it must be true because, you see, it should be true.
Much of my content comes from Victor David Hansen's article: Let Me Be Perfectly Clear.
Two of his biggest lies among so many are: that he would close Guantanamo within a year of his inauguration or serially (eight times) declaring that he would insist on health care debate airing live on C-SPAN.
Not telling the truth has a lot to do with his sinking polls. So I don’t quite buy the liberal lament that the people will support Obama when the economy improves.
No, the American people are losing confidence in Team Obama because quite simply they are tiring of being lied to, and treated like children in need of Ivy-League intelligence and protection.
Yes, they intrinsically liked Obama and were willing to ignore their suspicions that he had not come clean on his real ideological intentions, his radical leftist past, his intimate association with the creepy Rev. Wright, and his partisanship that had made him the most liberal senator in the Congress.
So let's analyze the Obama deceptions:
1) The bait and switch lies. Here, we, the eager voters, were told that there are no more bad blue/red state dichotomies. We are a purple America. Instead, we immediately witnessed the demonization of the supposed “rich” (I say supposed, because the Buffet/Gates/Turner plutocrat is exempt), who are not “patriotic,” do not wish to “spread the wealth,” and must “pay their fair share.” Almost immediately Obama’s Bush became America’s Orwellian figure constructed to unify the people around an evil predecessor incapable of a single positive act — whether keeping us safe for over seven years from another 9/11-like attack, freeing 50 million from the Taliban and Saddam, or generating enormous national wealth from 2002-08.
Some deluded voters in November, 2008, went for Obama on promises of a new kinder, gentler politics. They got instead the most partisan, nasty Chicago politicking in memory. Remember his busloads of ACORN and SEIU thugs who strong-armed women voting for Hillary.
2) The “noble” lies. These are untruths aimed at the common good. In Cairo, we were told Muslims did all sorts of wonderful things in the past like invented printing and sparked the Renaissance and Enlightenment. Why not fabricate and exaggerate when the intentions are global ecumenicalism?
Remember the new tactic of assessing job losses by “jobs saved”? And why not, since we wish to bolster our spirits and believe that our borrowing was not wasted on pork-barrel insanities, rather than “investments” that created “millions of green jobs” that otherwise would not have existed?
And we must believe that health care reform as envisioned by the Obama massive state assumption of private insured care will save “trillions in waste and fraud.” Believe that, and at last the dream of “universal health care” is obtainable.
Remember the phrase “using all our resources” during the high energy prices of the 2008 campaign? Obama then was a centrist who would drill, develop nuclear, look for more gas, burn coal — all to tide us over as we waited for the dream of Van Jones. That too was a noble lie, necessary for we fools to cling to, while the anointed fashioned a “green” cap and trade future for us, whose efficacy we could not quite yet fathom.
3) Tactical lies. Then there are the tactical lies to achieve the desired ends in “that was then/this is now” fashion. Health-care debate on C-SPAN/health care debate behind congressional doors. Taxes on Cadillac health plans were an inane McCain idea/taxes on Cadillac health plans are a way to eliminate waste and fraud; stupid, clueless Bush was pushing unpopular social security reform that 65% of the people didn’t want/wise, hip Obama is pushing noble health care reform that 65% of the people don’t want. The list is endless and started in 2007 with public campaign financing as good for dark horse candidates/public campaign financing as bad for front-runner cash cows. Obama promised to rely on public campaign financing and then reneged on his promise once the Muslim money was laundered and sent to him in small untraceable donations in the amount of at least $47 million.
Apparently two or three “let me be perfectly clear”s and 3-4 “make no mistake about it”s — when prefaced to something like “no more lobbyists in government” or “posting legislation well in advance on the internet” — but it didn't happen as he promised it would.
4) The Deadline Lies. Remember those? You’ve seen that sort of “if you don’t, then you….” in the supermarket when the poor harried mom has the three-year-old kid screaming and kicking on the aisle floor, and screams back as she blocks shoppers, “If you yell one more time, I’m going to spank you!” — as he screams and kicks all the louder.
Guantanamo shut by January 21, 2010? Iran in non-proliferation compliance by the UN summit or the G-20 meetings or the October face-to-face negotiations or the first of the new year? Remember health care done by the summer break? By Thanksgiving? By Christmas or else? By the first of the year?
What are the catalysts for such prevarications?
1) Habit. Obama could more or less say anything in mellifluous tones, and the media would become enraptured. This ability to charm by sounding honey-tongued while saying nothing started perhaps in the Ivy-League and has never ceased. Some habitual liars persist since they are never caught or even admonished. Obama is never called to account (cf. Robert Gibbs’s angry reaction to the blasphemy when asked about the C-SPAN fantasies). The media and Obama have an unspoken pact that goes something like the following: “We both are educated elites who know best for the Neanderthals. So from time to time I will have to lie to you to get our shared aspirations realized; and I accept from time to time, you will have to play act as critics to cling to some sort of legitimacy that is likewise necessary for our joint aspirations.” (And then we’ll both have a beer together afterwords.)
2) Morality. All philosopher-kings believe that the ends justify the means. To make us loving, caring equals — with no rich, no poor — we must sometimes adopt the Chicago politics that we insist we abhor. A Tony Rezko is bad, but a Tony Rezko is temporarily necessary to get the sort of hope and change we’ve been waiting for.
3) Squaring circles. You can reconcile thinking that the U.S. is culpable for its race/class/gender felonious past, and globe-trotting the world on a presidential luxury jet with the red, white , and blue plastered all over it — the logical manifestation of a uniquely meritocratic, capitalist, and free-enterprise economy. One cannot damn insider, influence-peddling, private-jet flying Wall Street bankers, corrupt insurers, and “the rich,” and then hire the same, frequent the same, and aspire to be the same. Class warfare is hard when your own profile is the logical target. And so one is bound to change the story as hypocrisy rears its ugly head.
4) Personal confusion. Read both Obama memoirs (is that the right word for these auto-hagiographies?), and it becomes clear that he is still confused who he is. Barry Soetoro (who went to Occidental college on a Pell grant for foreign students? Or who graduated from Harvard Law School with no student loans though he had no income nor did family pay for his education.) Barry Dunham? Barack Dunham? Barack Obama? Barry Obama? Prep school upper-middle class in Hawaii or impoverished minority in need of affirmative action? African or African-American or plain old American suburbanite? Harvard Law Review and Chicago Law lecturer or unpublished wannabe legal professor? Harry Reid’s unaccented “Negro” dialect or Harry Reid’s ability to turn it on only as needed? Racial healer who wows the suburbanite and NY-DC insider clique, or angry racialist who throws out “stupidly,” the clingers speech, “typical white person” and brags about not missing a Rev. Wright sermon to the Chicago Sun-Times? When one is confused about who one is, one creates alternate narratives and personas — and, yes, often they will clash.
The economy might just be in what we heard once (wrongly, in fact, in 2004) categorized as a “jobless recovery.” And, yes, the people have roared that they don’t want the remedies of government run health care, mega-deficits, higher taxes, more government, green boondoggles, apologetics abroad, blanket amnesty, and more lunatic appointments like Van Jones and Anita Dunn.
But what is taking Obama down below 50% approval is mostly a public awareness that they elected a deeply cynical man, who either cannot or will not speak the truth or keep his promises. In the postmodern world of Barack Obama there is no truth per se, just competing narratives privileged by the relative degree of power behind them and the relative perceived moral intent involved.
So when the advocates of hope and change, of non-traditional America, of the poor and the needy and the more noble, say something, it must be true because, you see, it should be true.
Much of my content comes from Victor David Hansen's article: Let Me Be Perfectly Clear.
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