When Government Owns You
Nov 10, 2010 Political
The Social Security Act brought a new era of Socialism to America by allowing the government to confiscate some of our money and then dole it out to us when we retire. The amount of benefits is more than some paid in and less than others did. Along the way, Social Security expanded to cover things that it was never intended to take care of. It is a terrible system that does not allow us to decide what to do with our money. When we die (especially if we die before we retire) our money is just part of the pot and goes to someone else. We cannot pass it on to our heirs.
Social Security is also broke. Instead of putting the money aside so it could be used for retirement, the government issued worthless pieces of paper for the money and then spent it. Since there is no money, the people who currently work are paying for those who currently draw Social Security.
Social Security ensures that the elderly are slaves to the government. They depend on a monthly income that is subject to the whims of the people in Congress. Benefits can be cut and seniors have no say. Politicians use Social Security as a weapon to threaten the elderly and gain compliance.
When government holds your sustenance in its hands you will do what it wants.
Obama’s deficit panel has a draft of its recommendations and one of those is to cut Social Security benefits. The elderly will take it on the chin because, through no fault of theirs, the government is broke. If these folks had been able to invest their own money they would be better off and not held hostage by a government that uses them as pawns. It won’t be long before they use means testing to decide if we get Social Security. You can pay in but if you are successful you won’t get anything back. You will be paying for someone else’s retirement. It really is Socialism Security.
Combine the cuts with Obamacare and its rationing of care and the elderly are truly screwed.
We are responsible for our own future and it is not up to government to take our money and then dole it out to us, if it deems us worthy, when we retire.
Another thing the panel recommends is to remove the deduction for home mortgage interest. If the elderly still make house payments they will be in a bad way.
And so much for not raising taxes on the middle class.
At least the younger people have time to recover. The elderly are not so fortunate.
Your government should fear you. It should work for you and it should not be your master.
Cave Canem!
Never surrender, never submit.
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Tags: deficit panel, elderly, government intrusion, lies, mortgage interest, social security
Obama Panders to Elderly with Tax Scheme
Aug 12, 2008 Political
Barack Obama is touting a new part to his tax plan and this new twist is designed to pander to the elderly voters, those more likely to vote for John McCain. Obama wants to make the first $50,000 of income tax free for the elderly. Tax experts indicate that this is a bad idea for a number of reasons. It has also been pointed out that many of the elderly do not pay taxes and that an arbitrary threshold might take away incentive for them to work if they will go over the limit.
Obama believes; “If you work hard and pay into the system, you’ve earned the right to a secure retirement.” [My Way News] This all sounds real good but it begs the question; if they are entitled to a secure retirement why is Obama opposed to privatizing at least a portion of Social Security? The Social Security system is broken and a lot of that is because politicians use the money taken in to pay other bills. They cannot be trusted with any money because all they now how to do is spend. In addition, the money that does survive their raids earns very little interest. Even with a turbulent economy, money placed in the market is earning more than the money held by the government.
Obama believes, as do most Democrats, that the government knows what to do with your money better than you do. John Edwards was partly correct when he said there were two Americas. Edwards believed there was one set of rules for the rich and one for the poor. In reality, there are two sets of rules but they are for the elected and the people who put them in office. While we have to worry about retirement, the elected have very nice systems all paid for by the taxpayer.
The problem with our country is that we spend too much money and the answer to our problems is always more taxes. In order for Obama to decrease or eliminate taxes on the elderly some other group will have to pay more. It is high time someone started talking about decreasing spending and lowering our taxes at the same time.
It is time for common sense plans instead of pandering. However, look for more pandering as the election draws near.
Also keep in mind that this money they discuss spending does not belong to them. They have no right to commit it to schemes that will ultimately end up costing all the producers even more money.
