By C. Jeff Oakes
Add to the fiscal problems we face, the nation has far more obligations than income. Indeed, pay attention to how distraught Congress is over Social Security.
The Social Security trust fund has never been insolvent nor in danger of such. Had it not been fiddled with, there would be plenty of money to pay out those who have paid in all their lives and provide them with a comfortable retirement.
However many years ago, Congress began “borrowing” from the fund to cover the deficits they created. The American people permitted this arrangement and now we hear, “Um America, we have a problem.” The idiots in charge created a problem and now they don’t know how to solve it.
Third Way Infographic – Why Social Security Needs To Be Rescued (Photo credit: Third Way)
The irony and foolishness of it all is that all they have to do to solve the problem is to stop “borrowing.” Incidentally, I have yet to see them, in my lifetime, pay any of it back. Call me crazy, but I was taught that this constitutes STEALING.
So now we are approaching a situation where we cannot pay our national obligations.
Let me ask you something. If you belonged to a club and the club treasurer began “borrowing” from the club treasury but never bothered to pay the money back, what would you do?
That is what Congress is doing with Social Security.
The problem is, Congress has been doing this for many years to hide the fact that they cannot responsibly pay the bills. As a result, when the Baby Boomers began retiring in 2010, the Social Security surplus went away and exacerbated the national debt problem. That’s why it began to soar. Of course, the politicians in charge, weak-minded and cowards that they are will not admit that they are the problem. Instead, they resort to partisan bickering in a weak effort to bolster their party line. The Republicans claim that President Obama created the debt increase and the Democrats blame George Bush.
In reality, this is nothing more than smoke and mirrors, the same sort of thing that slight-of-hand magicians used in the 30s to make a girl disappear from a box being sawn in half. They all act as if the spending by one President or another is to blame when in reality, CONGRESS SPENDS—the President simply arranges for the payments to be made. Thus, any time you hear Congress blaming a President for overspending, recognize that they are playing you and I for fools, thinking that we are too stupid to understand how our own government functions.
079 Capitol Hill United States Congress 1993 (Photo credit: David Holt London)
EUROPE? ARE YOU LISTENING? Your politicians do the same damn thing. And in India…same thing. Russia…same thing. Australia…same thing. In short, virtually every Westernized nation has the same basic arrangement in their Constitution and whether they have a Parliament or any other form of Legislative body, the person supposedly in charge is blamed by the opposing party. Why?
Remember that the nations of the world are controlled by the U.S., which is controlled by the Federal Reserve. Remember too that just as Ancient Rome used entertainments to distract the people from what was really going on, the Fed does the same thing. The circus shows put on by those we supposedly elect are nothing more than part of the paid entertainment provided by the money changers who are bent on global domination.
Now, let’s get back to the problem of Social Security and other financial obligations in America. The problems now faced are the result of so many people beginning to retire.
Of course, there was no way Congress could have known that so many people would begin retiring in 2010, so they get a pass, right?
Wrong. We knew the Baby Boomer generation was going to retire someday. Hell, they knew it when I was graduating from High School in 1983. Even Ronald Reagan talked about it at times. So no, Congress does not get a pass.
The reality is that if when Social Security goes away, there are going to be many destitute people in our nation. If we have learned anything from history it should be that when people become destitute, nations tend to topple. Remember Bastille Day?
If not, get a book on it. A Monarchy that reigned for centuries collapsed after only three years of severe fiscal crisis and indifference by the ruling parties. Sound familiar?
Fools never learn.
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