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Neutering Social Security [Jim Hightower]

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kris10ep Donating Member (114 posts) Send PM | Profile | Ignore Tue Apr-05-05 10:14 AM
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Neutering Social Security [Jim Hightower]
Edited on Tue Apr-05-05 10:15 AM by kris10ep
Great, informative article!!

Neutering Social Security
By Jim Hightower Hightower LowdownPosted April 5, 2005.

When George W. says he's going to "fix" our Social Security system, I feel like a dog that's just been told, "We're taking you to the vet to get you fixed."

Whether it's to dogs or to We the People, George's message is the same: This radical surgery is needed for your own good. If, however, you suspect that something besides your welfare is really motivating him ... you're exactly right.

Extremist, right-wing ideology and the insatiable corporate grab for money are the two forces behind Bush's push not merely to neuter this enormously popular and effective retirement program ... but ultimately to kill it. As reported in last month's Lowdown, step one is to portray Social Security as fatally flawed. The promised benefits are a "hoax," the taxes paid into the trust fund are "wasted" rather than invested for maximum return, and "the so-called reserve fund ... is no reserve at all."

Interestingly, these are quotes not from today's alarmist Bushites but from the lips of Alf Landon and the pages of his party's platform when he was the Republican candidate for president way back in 1936! Note that the first Social Security check was not mailed until 1937, so the ideologues and big money interests were predicting doom and gloom and trying to undermine the program even before it started.

http://alternet.org/story/21667/
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acmejack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-05 10:15 AM
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1. Jim is the man!
nt
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Shallah Kali Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-06-05 01:11 PM
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2. Income over $90,000 is not taxed!?!?!?!
:wtf: People who barely scrape by get taxed but people who are not hurting get an exemption?
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