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uncle-sam1

     For decades billionaire Foundations and conservative politicians have been spreading the big lie that Social Security is broke (https://www.cnsnews.com/commentary/romina-boccia/social-security-going-broke).  Adolf Hitler’s Nazi Minister of Propaganda Joseph Goebbels wrote, “When one lies, one should lie big, and stick to it”.    The fact is that the US Government has borrowed some $3 Trillion from the Social Security Trust Fund—money now owed by Uncle Sam to millions of working Americans.  Social Security is only broke if Uncle Sam defaults on its debts to us!!  The debt to Social Security is less than 20% of the total US Government’s debt.    Most of the debt, $14.5 Trillion, is owed to other countries and financial institutions of the rich 1%.  But today’s propaganda fuses together ALL Uncle Sam’s debt to create the big lie that Social Security is the greatest debt problem.    Democrats and Republicans have recently introduced the Social Security Commission Act of 2017, whose ultimate goal is to cut and privatize Social Security.

Politicians have not only borrowed from Social Security to run the government, but 70% of the national debt has been borrowed from banks, financial institutions, corporations and rich individuals.  The politicians borrowed because instead of taxing the rich banks and corporations, they cut their taxes.  As a result, workers taxes and Social Security payments provide almost 90% of the federal government’s revenues[1].  Over decades the politicians have allowed major corporations to escape paying billions in taxes, they have given subsidies in the billions to corporations and agribusiness, and they have allowed tax breaks for the oil and gas companies in the billions of dollars[2].   Albert Einstein’s comments about politicians was right on target when he wrote; “members of legislative bodies are selected by political parties, largely financed or otherwise influenced by private capitalists….the consequence is that the representatives of the people do not in fact  sufficiently  protect the interests of the underprivileged sections of the population.”  (https://monthlyreview.org/2009/05/01/why-socialism/)

We must bust the monstrous Nazi Big Lie—

Uncle Sam– pay your debts to our Social Security!

The rich 1% who benefitted from the national debt must repay the debt now!

Millions in the streets WON Social Security and only Millions in motion can save it.

 

September 4, 2017

Dr. Nayvin Gordon, gordonnayvin@yahoo.com

Dr. Gordon is a Family Physician in California who has written many articles on health and politics.

[1] The White House Office of Management and Budget, “Historical Tables”, Table2.1  https://www.whitehouse.gov/omb/budget/Historicals/

[2] Take The Rich of Welfare, by Mark Zepezaur and Arthur Naiman.1996; The New York Times, 3/10/17

One Comment

  1. Sally Dugman says:

    A friend of mine sent me this email on Aug. It complements the information in the above article:

    THE WASHINGTON 2 STEP
    Inbox

    Aug 6

    to
    There are survivor benefits for those with living spouses, but I believe they are far less than the normal retiree amount. Also, the rate the US pays to borrow has been below 3% for quite a few years, not the 5+% this says. Still it makes some good points.

    Steve

    >
    >
    >>>
    >>>
    >>> Want to see your representative do the “Washington-two-step”.
    >>>
    >>> Ask him this question.
    >>>
    >>> Who died before they collected Social Security?
    >>> KEEP PASSING THIS AROUND UNTIL
    >>> EVERY ONE HAS HAD TTHE OPPORTUNITY TO READ IT…
    >>> THIS IS SURE SOMETHING TO THINK ABOUT!!!!
    >>>
    >>> THE ONLY THING WRONG WITH THE
    >>> GOVERNMENT’S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT
    >>> TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!
    >>>
    >>> WHERE DID THAT MONEY GO?
    >>>
    >>>
    >>> Remember, not only did you and I contribute to Social Security but your employer did, too. It totaled 15% of your income before taxes.
    >>>
    >>> If you averaged only $30K over your working life, that’s close to $220,500.
    >>> Read that again.
    >>>
    >>> Did you see where the Government paid in one single penny?
    >>> We are talking about the money you and your employer put in a Government bank to insure you and me that we would have a retirement check from the money we put in, not the Government.
    >>>
    >>> Now they are calling the money we put in an entitlement when we reach the age to take it back.
    >>> If you calculate the future invested value of $4,500 per year (yours & your employer’s contribution) at a simple 5% interest (less than what the Government pays on the money that it borrows).
    >>>
    >>> After 49 years of working you’d have $892,919.98.
    >>> If you took out only 3% per year, you’d receive $26,787.60 per year and it would last better than 30 years (until you’re 95 if you retire at age 65) and that’s with no interest paid on that final amount on deposit!
    >>> If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month.
    >>>
    >>> THE FOLKS IN WASHINGTON
    >>> HAVE PULLED OFF A BIGGER PONZI SCHEME
    >>> THAN BERNIE MADOFF EVER DID.
    >>>
    >>> Entitlement my foot; I paid cash for my social security insurance!
    >>> Just because they borrowed the money for other government spending, doesn’t make my benefits some kind of charity or handout!!
    >>>
    >>> Remember the benefits for members of Congress?
    >>> + free healthcare, + outrageous retirement packages, + 67 paid holidays, + three weeks paid vacation, + unlimited paid sick days.
    >>>
    >>>
    >>> Now that’s welfare, and they have the nerve to call my social security retirement payments entitlements?
    >>>
    >>>
    >>> They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it’s time for us to collect, the government is running out of money.
    >>> Why did the government borrow from it in the first place? It was supposed to be in a locked box, not part of the general fund.
    >>>
    >>>
    >>> Sad isn’t it?
    >>> 99% of people won’t have the guts to forward this.
    >>> I’m in the 1%
    >>>
    >>> I JUST DID!

    —————————————
    Doubt is not a pleasant condition, but certainty is absurd.
    Voltaire (1770)