[nfb-talk] blind and wanting to improve things, not get labeled

Mike Freeman k7uij at panix.com
Sun Apr 25 15:34:39 UTC 2010


Actually, although in theory, this is certainly true, in reality, this 
assertion is based upon asumption which, while used to sell the original 
program and gain public support, has never been true, to wit, that Social 
Security is a social insurance program. In fact, beginning on Day One of the 
program and continuing to the present, Social Security was then, is now and 
(unless Congress says otherwise) a pay-as-you-go program; current taxpayers 
pay for current retirees although it looks to those contributing to Social 
Security as if they're contributing to a trust fund. Lest we doubt this, 
remember that SS benefits were issued almost from the program's inception 
and this could not have been done were the program a true "trust fund". But 
FDR could have never sold a true trust fund. to Congress or to the people.

Mike

----- Original Message ----- 
From: <ckrugman at sbcglobal.net>
To: "NFB Talk Mailing List" <nfb-talk at nfbnet.org>
Sent: Saturday, April 24, 2010 10:59 PM
Subject: Re: [nfb-talk] blind and wanting to improve things, not get labeled


> And we must not forget that
> Social Security would not be in the unfunded position that it is in had 
> the trust fund not been raided to cover other government expenditures as 
> it has been raided many times over the past years.
> Chuck
> ----- Original Message ----- 
> From: "T. Joseph Carter" <carter.tjoseph at gmail.com>
> To: "NFB Talk Mailing List" <nfb-talk at nfbnet.org>
> Sent: Saturday, April 24, 2010 12:50 AM
> Subject: Re: [nfb-talk] blind and wanting to improve things, not get 
> labeled
>
>
>> According to the US Debt Clock (privately run and woefully inaccessible), 
>> the current total US liability per person is in the neighborhood of 
>> $350,634.  If you spread the wealth evenly, the total US national assets 
>> (public and private), per person, are only $234,237.  That means if you 
>> follow the current doctrine of soak the rich and make sure nobody has any 
>> more than everyone else gets, every single man, woman, and child in these 
>> United States would still owe a total of $116,377.
>>
>> I've got no idea how much of that is owed to other countries like China 
>> and how much of that is owed to Grandma (the largest unfunded liability 
>> of the government is Social Security), but there you have it.  If 
>> everything we own, all of our land and possessions are taken as payment 
>> of the national debt, we all still owe something in the neighborhood of 
>> the value of my family's house, pre-housing debacle.
>>
>> The government has no money to pay squat.  One of these days, Social 
>> Security is going to not get paid because our debtors are going to start 
>> demanding a return on their investment.  That's basic Economics 101. 
>> WHEN that happens, not if, people looking for the government to pay their 
>> bills are going to be screwed.
>>
>> Ask the teachers in California how well they can spend IOUs.  In time, 
>> that'll be readers' SSI and SSDI checks.  The alternatives are a complete 
>> and immediate collapse of the dollar or Zimbabwe-style inflation.  Scary 
>> stuff.
>>
>> You cannot spend money indefinitely without the ability or desire to pay. 
>> If you and I do that, we will at least destroy our credit rating or at 
>> worse go to jail for fraud.  The Weasel Caucus (which seems to be the 
>> only thing bi-partisan in DC anymore) is doing the same and has been 
>> apparently since before I was born.  They probably won't face any real 
>> consequences for it.
>>
>> We will, sooner or later.  And it's gonna hit certain populations (like 
>> blind people collecting SSI and SSDI for example) a whole lot harder than 
>> it's going to hit political fat cats who quibble over which model of Gulf 
>> Stream Jet they are forced to fly in.
>>
>> If the media wants to see real anger in the streets, wait till people 
>> figure out just how screwed we really are, courtesy of a whole bunch of 
>> fat elephants and complete donkeys, who will have moved their not 
>> inconsiderable assets to safety long before it happens.
>>
>> Ready to vote them all out,
>>
>> Joseph
>>
>>
>> On Fri, Apr 23, 2010 at 10:43:03PM -0500, David Andrews wrote:
>>>Well, the government probably has more money, and can provide things in a 
>>>more even-handed regular way.  Yes, there are problems with administering 
>>>government programs -- but private ones too.  Who hasn't had billing 
>>>problems with an insurance company, a phone company, a a bank or a credit 
>>>card company.  Any large system that tries to make everybody, and 
>>>everything the same is going to have these kinds of problems.  If you 
>>>think the government has a monopoly on the bad stuff, or that the private 
>>>sector could administer a large program without mistakes, fraud and the 
>>>rest of it is just thinking selectively to make a point.
>>>
>>>Dave
>>>
>>>At 11:43 PM 4/22/2010, you wrote:
>>>>Chuck, I don't know you of course, but based on your comments, I'm 
>>>>tempted to think that you don't receive social security or Medicare 
>>>>benefits. I and many of my friends can relate horror story after horror 
>>>>story involving the bureaucracy and ineptness of various government 
>>>>programs. I've asked many liberals in amicable debates why they believe 
>>>>that the government is better able to provide assistance than the 
>>>>private sector. I ask on a historical, efficiency and motivational 
>>>>basis. At the end of the arguments, though many platitudes come across, 
>>>>I've never received a solid answer.
>>>>
>>>>
>>>>RyanO
>>>
>>>
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