Bush Doing What He Does Best: Destroying Security

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originally uploaded by mandler.

The fact is, Social Security can meet 100% of its obligations for the next 37 years with no changes to the current system. After 2042, the system reports that it can pay more than 70% of benefits without any changes. That sounds pretty encouraging to me.

To make up for this lag in 37 years, we could require income above 90,000 to pay social security taxes (no income above that amount is taxed currently), which would make the system in strong shape.

But, this is not a suggestion that we would hear from Bush, considering the connections to big money that his family has. No, Bush's attacking suggestion is that we need to scrap the current public system and make it privatized, so people can gamble with their social security by being able to invest in stocks and bonds. Not only would this reduce checks for some with bad investments, but it would cost 3 trillion administrative dollars and billions paid from individuals in account fees (for Bush's wealthy donors at financial institutions.)

Bush said today "I pity the politician who stands in the way of the solution." (link) Rich words coming from him. Ah yes, the most mind fucky of U.S. Presidents, twisting perceptions of the real agenda, catering to our hopeful misperceptions, abusing us yet again. The week minded cowtow to the Emporer with no clothes.

Granted, for those interested in stocks and bonds, this idea might actually work into their current field of knowledge, but for the rest of the US, we're not fucking into gambling with our ultimate security. Not only do some of us have no interest in this privitization social security account thing, but, some of us shouldn't be encouraged to gamble by our government. A lottery ticket is a cheap thing to wave in front of your citizens while you steal their money right out from under them. No, this Social Security privitization is not in all your citizens best interest--AT ALL!

What it boils down to is Bush isn't looking out for us, he is looking out for himself. Maybe he doesn't understand that for some, this is all we have to allow for ourselves to survive as elderly individuals. Fuck that, he knows exactly what he's going for. Unfortunately for some, this means misery, while his chronies earn an extra buck from uprooting our current established and successful social security system.

Not to mention, Bush is also attempting to stack the Federal courts with his judges (link) and he's playing games with our taxes. (link)

Click here to stop the rug from being pulled out from under us with Social Security.