The Goal is to ABOLISH Social Security

[NashVegas]

So say Joel Marshall yesterday (http://www.talkingpointsmemo.com/archives/week_2004_11_28.php#004150) and so said me about a week ago.

If funders now have to put the FICA tax money into private accounts, you've now got buttloads of buyers (say, like me) who have no background or aptitude. Yes, you can study, and if you have the IQ, logical faculties and a self-preservation streak, you can learn.

But now, because it's government mandated, inputters are going to want a whole new set of laws, because they're going to think they're owed a guarantee on their investment they can feel assured of.

The propaganda line about investment income is 'risk-takers deserve their rewards,' but the reality is more and more of these so-called risk-takers perceive themselves as entitled to a return, as much as any SS recipient - more, actually.

Where there aren't returns, there will be lawsuits. There will be calls for legislation.

The markets will never accept the level of governmental interference that will be necessary if it's mandated that money be taken out of our paychecks and put into these accounts.

If a simpleton like myself could figure that out in 45 seconds, how can it be possible for the Bush administration and Wall St. to not realize it? We can say the Bush administration is stupid, sure - after all, look what fast work they made of Iraq (points out that one of the things enabling voters to can GHWB was that his war was well-past over), but the market isn't that stupid.

But then, they'll get their windfall either way, won't they?

[havocmom]

1. Ultimate goal: eliminate everyone who either does not have means to

be a really vigorous consumer nor the energy left to be a cog in the corporate machine to make money off cheap, malleable labor. If they have nothing Corporate Masters can use/abuse, let them die off is the attitude.

Getting rid of Social Security just a battle in the war. But, yes, it is a big one. They are driving up the national dept to the point that future workers will be paying a LOT of taxes and they want to assure those workers are not putting any $$ toward the older folks. Those older folks, by the way, were paying for a little social security for those who were retired while the present/future retirees were still workers.

Also, corporations only know how to make $$ by cutting costs and there is not much left to cut. They are not happy with having to pay seven point something percent of their payroll to SS taxes.

Look for Workers Comp to disappear soon too. Outsourcing is about more than just a lower hourly wage to workers.

[K-W]

2. The republicans havent exactly been coy about this.

Aristocrats have been planning this since Social Security was started. And it has always been floating around in the morass of economic conservatism.

This is a movement that is built on the idea of demolishing any government involvement in the economy.

Nothing they have done has been surprising really.

[bryant69]

5. That is what is funny

"Hey you can trust us guys who have been talking about eliminating Social Security for decades to properly manage it! We just want to fix it. Now let's see, nothing will have this old jalopy purring like pouring some sugar in the tank. And putting a bunch of rice in the radiator is just plain lucky. These days brakes are really more of a problem, what with all our modern technology and stuff. We may as well take them out, and those seatbelts too. You know they kill more people than they save. Yeah, look at old social security now. Oh well, I guess it couldn't be saved. We gave it the old college try, but inexplicably it is completely non workable now. We better just junk it."

Bryant
Check it out --> http://politicalcomment.blogspot.com

[AmandaRuth]

3. social security in 2005

public school system in 2006

SS and public schools have huge red bulls-eyes on them.

[K-W]

4. No Child Left Behind and SS Reform are time bombs, plain and simple.

Thier obvious effect (and as such obvious purpose) is to throw big fricken wrenches into the establishement of both public education and social security.