Janet Mackley
Janet Mackley
“As you know, the Social Security system is teetering on the edge of bankruptcy”. That fear headline resulted in “save Social Security” for 75 years reform legislation in 1983 that created a partnership between the people and their government. The people would give up an additional piece of their paychecks in the form of higher Social Security taxes (SS taxes increased by over 250% in one 10 year period). The Government would use the excess SS tax contributions to build a cash reserve to help fund the retirement of 76 million baby boomers, now retiring at the rate of 10K + a day.The Great Social Security Heist
THEIR SECRET PLAN EXPOSED:
PART l:
The piece of American’s paychecks diverted to the “SS trust fund” was the piece that was funding personal payroll savings retirement plans. Millions would become dependent on government for their retirement income - MISSION ACCOMPLISHED
PART ll:
Local financial institutions used payroll savings deposits to fund business expansion, and new business startup loans that created 10s of thousands of new jobs. The 1983 save Social Security reform legislation blew up that pipeline - MISSION ACCOMPLISHED
PART lll:
The general revenue fund relies on income, and corporate tax receipts to pay government’s bills. Excess Social Security tax dollar contributions totaling billions annually were being transferred to the general revenue fund. In effect Social Security tax dollars were being used to keep the income, and corporate tax rates of the more fortunate artificially low - MISSION ACCOMPLISHED
PART lV:
A new government debt instrument known as a special obligation bond or SOB was being issued to the Social Security trust fund to replace retirement dollars as they were being transferred to the general revenue fund. The SOBs show up on the Social Security trust fund balance sheet as an asset, providing cover for politicians, and their game of deceit and deception - MISSION ACCOMPLISHED
PART V:
The 1983 Social Security reform legislation gave politicians the green light to turn a potential 2.6 trillion dollar Social Security trust fund asset into a new 2.6 trillion dollar special obligation bond or SOB debt that has to be paid again - MISSION ACCOMPLISHED
PART Vl:
Each political party created their own army of political party pimps talking about illegal immigration, ISIS, welfare, Obamacare, the 2nd amendment; anything but the 2.6 trillion dollar heist of working American’s retirement dollars – MISSION ACCOMPLISHED
No doubt in this senior’s mind the 1983 Social Security legislation was never about saving Social Security. It was a well-designed, well thought out, supremely executed plan with one purpose, and one purpose only. That purpose was to begin destroying middle class Americans, their families, and the communities they call home. Guess what – MISSION ACCOMPLISHED
it’s time us middle class Americans get our act together, and hoist our own MISSION ACCOMPLISHED banner. You can do your part by liking it, sharing it, and posting it to your politicians face book sites. Nothing will change until we change. www.realjoeyou.com
PART l:
The piece of American’s paychecks diverted to the “SS trust fund” was the piece that was funding personal payroll savings retirement plans. Millions would become dependent on government for their retirement income - MISSION ACCOMPLISHED
PART ll:
Local financial institutions used payroll savings deposits to fund business expansion, and new business startup loans that created 10s of thousands of new jobs. The 1983 save Social Security reform legislation blew up that pipeline - MISSION ACCOMPLISHED
PART lll:
The general revenue fund relies on income, and corporate tax receipts to pay government’s bills. Excess Social Security tax dollar contributions totaling billions annually were being transferred to the general revenue fund. In effect Social Security tax dollars were being used to keep the income, and corporate tax rates of the more fortunate artificially low - MISSION ACCOMPLISHED
PART lV:
A new government debt instrument known as a special obligation bond or SOB was being issued to the Social Security trust fund to replace retirement dollars as they were being transferred to the general revenue fund. The SOBs show up on the Social Security trust fund balance sheet as an asset, providing cover for politicians, and their game of deceit and deception - MISSION ACCOMPLISHED
PART V:
The 1983 Social Security reform legislation gave politicians the green light to turn a potential 2.6 trillion dollar Social Security trust fund asset into a new 2.6 trillion dollar special obligation bond or SOB debt that has to be paid again - MISSION ACCOMPLISHED
PART Vl:
Each political party created their own army of political party pimps talking about illegal immigration, ISIS, welfare, Obamacare, the 2nd amendment; anything but the 2.6 trillion dollar heist of working American’s retirement dollars – MISSION ACCOMPLISHED
No doubt in this senior’s mind the 1983 Social Security legislation was never about saving Social Security. It was a well-designed, well thought out, supremely executed plan with one purpose, and one purpose only. That purpose was to begin destroying middle class Americans, their families, and the communities they call home. Guess what – MISSION ACCOMPLISHED
it’s time us middle class Americans get our act together, and hoist our own MISSION ACCOMPLISHED banner. You can do your part by liking it, sharing it, and posting it to your politicians face book sites. Nothing will change until we change. www.realjoeyou.com
No comments:
Post a Comment