My goodness! Now I know Mr. Commission Chairman Simpson was a Senator for simply forever, so one would think he would be concerned about the ongoing cost of that full pension entitement program Congress enjoys for getting elected twice, but we’ll save that for another day
After all, they do have to cut a deficit created by giving away trillions to Wall Street, foreign countries who hate us and Special Friends, and surely you don’t expect Wall Street, foreign countries who hate us and Special Friends are going to pay it off, do you? Of course not!
I know! Let’s have the middle class pay for it, we need to get rid of them anyways! Let’s start by making sure they never retire or get their money back, the money we force them to invest into Social Security. Then we can give it to someone else. Cool!
The real topic here is: I didn’t notice any mention of the $2.2 Trillion Congress has removed from the Social Security account over the past few decades. Social Security is a separate account, which holds social security money and it is NOT part of the General Fund, nor does it add a penny to the National Debt. In order to put Social Security money into the General Fund, you have to steal it.
In other words, they raided the pot.
In other words they took your money they forced you to pay into that account–and left IOUs in its place.
In other words, they may have paid for their special re-election earmarks at your expense.
In other words, nobody seems to be mentioning that Congress owes the people who were forced to pay into social security $2.2 Trillion.
In other words, Congress doesn’t seem to be paying back that debt. As a matter of fact, it isn’t a debt at all. It’s embezzlement.
Now why would I call that embezzlement?
Imagine you have a savings account and you ask me to oversee the balance for you. I promise in writing that I will oversee and protect your savings for you until you retire. I even send you a report every year telling you how much you will earn at retirement. How cool is that? At the same time, I force you to put money into that account regularly and it’s not negotiable. You grudgingly do it because I have convinced you that it will mean you will be more comfortable in your old age. I am helping you to be financially secure when you grow old. You believe me because after all, it’s in writing. In fact, it’s the Law.
One day I decide I need some money that I don’t have, so I, you know, remove a nice chunk of your money from your account. I never tell you a thing about this because I KNOW you will go ballistic if I do.Besides, I’m going to sign an IOU.
My withdrawal goes so smoothly that I decide to do it again. And again. And again. I just go ahead and make withdrawals whenever I feel like I need some of your money. Without asking your permission. I take the money and then I spend it on whatever the hell I want to spend it on. What you don’t know won’t hurt you.
While I’ve been telling you everything is going well and your savings are safe, you find out about 30 years later, while planning for your upcoming retirement, that you have a lot less money than you were forced to save. You ask me about your account and I tell you that you just don’t have very much money and that’s that. Something is going to have to be done because you are in trouble. There will be sacrifices. Yours.
Then one day a person at the bank leaks out to you that it was I who took your money and you confront me, while knowing I am powerful and you are not. You are shaking, I am not. I am very snotty and indignant about it and act as if I don’t know what you are talking about. Then I mention that I did, after all, attach IOUs to the account, so what are you harping about?
You want to report me to the authorities but I’m so powerful, who do you call to come and arrest my ass and cart my embezzling self away? You’re just an old person who doesn’t have much money now, for sure. I, on the other hand, am doing very well, thank you!
Your kids won’t help you because they don’t believe you saved any money or you would have given it to them. Besides, you’re old and they never plan to be old. Besides that, they would much rather invest their retirement money because Wall Street can be trusted and there’s no way they would plan another crash so that Goldman Sachs gets to keep their money when it’s time for them to retire in poverty. How cool is that? I mean it’s not like they ever did that before — except for this one time. Gambling is so much fun!
You wait, hoping I will start to replenish the money in your account that I removed without your permission. The thing is, I never get around to replacing the money. Instead, I show up at your door one day and tell you that you are going broke and had better find a way to reduce your own expenses, crank down that heat and start eating on the cheap, while I, on the other hand, am doing very well, thank you!
I tell you that I have changed the rules and you will have to start making sacrifices, because your net worth is now shit compared to what it would be if I hadn’t taken your money without your permission. I know you saved for years before I changed the rules but hey, I’m in charge. But I swear to you that one day I will pay you back, maybe, and besides, the rules are changed a few years back anyways, so it won’t matter. I also tell you I am going to work out a proposal to resolve this problem.
I arrive the next day at your door with my proposal. However, my proposal involves you instead of me. I tell you it’s time to downsize and you are going to have to lower your standard of living, because you just don’t have the money in your savings you thought you had. You probably are going to be very poor but that’s what you get for being a parasite! Do you expect ME to fix this for you, you parasite? What do you mean it’s your money???? I was in charge of it and I did what I had to do! Shut up and start looking for ways to cut back, you parasite! What do I look like, a cow with a million teats???
You are bewildered. You saved all that money by force and expected all the interest associated with it to be there, and I spent it. I not only spent it, I haven’t accounted for one penny of it either. For all you know, I used it to help further my own comfort or advancement.
As I discuss my proposal, which includes recommending that you work another decade or so, preferably until you die so I can keep the REST of your money and use it for something else, I never mention that the reason you don’t have the money you thought you had is because I removed it. Well, for Chrissakes stop whining. I never stole it. I signed IOUs. That’s legal isn’t it? Then, I blame the entire thing on you because you are a parasite looking for some kind of entitlement just for being alive, even though I forced you to save the very money you aren’t going to get. You are expecting income that you just don’t have! Grow up! I, on the other hand am doing very well, thank you!
Okay, now here are a few questions:
How may years in prison do you think I would serve after I was indicted and tried?
Would a DA arrange to have my many assets seized and sold at auction as part of reimbursement to you? Or would you be too damned poor to even pursue this problem and just go ahead and drop dead – please?
Let’s fast-forward to today and discuss Social Security and all the screams and threats from powerful people about how broke Social Security is becoming. Not once has any of these Congress critters or “commission” members publicly mentioned that a major reason the Social Security account isn’t as full as it should be is Congress removed $2.2 Trillion from the account over the years, put IOUs in the money’s place, and isn’t lifting a finger to pay any of it back, nor do they seem to have any plan to pay it back. In addition, all the interest that might have accrued isn’t there either. I wonder what the interest on $2.2 Trillion would be, don’t you? If you aren’t wondering, you SHOULD be wondering. Nobody is mentioning that either. Instead, you are being scolded and told that you will have to sacrifice, because the money just isn’t going to be there.
Now here are a few more questions:
How many years in prison should every Congress member who ever voted to embezzle your money from the social security pot without your permission serve?
Should their assets be seized and sold at auction as part of reimbursement?
…..Or instead, should everybody be discussing how the Social Security account doesn’t have enough money in it to pay you back when you retire–and therefore you are going to get your benefits cut and your retirement age increased, so that hopefully you will die before you collect a penny of your money back, you parasite, you!
And who the hell do these people think they are kidding? Are you not sick of taking it in the neck for the behaviors of your elected officials–the kinds of behaviors that would send you to Rahway for Life?
Unless and Until you hear about that $2.2 Trillion dollars-Plus-Interest that was taken from the Social Security account WITHOUT YOUR PERMISSION, YOU are being screwed. Again. And nobody will be charged, and nobody will have their assets seized. Now shut up, you hear? Congress knows what’s best for you and what’s best for your future is that you be screwed.
Bernie Madoff looks like a petty thief next to this reaming.
Okay, you can go back to watching American Idol now. Your government is going to fix everything. Mostly they are going to fix you, but Good. And you won’t even know it until it’s too late and you are too old to fight it. Good luck with that.
Pop Quiz: How many zeros are there in a Trillion? That’s how may zeros Congress owes you, not including the interest that never accrued because the money wasn’t there. That’s a lot of zeros. And that is what they intend to give you: Zeros. Zeros out of your OWN money. Then, when the dust settles and reality sets in, they will take a vote on what to do about you who will otherwise be referred to as a “Drain On Society”:
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