Once again President Bush is trying to hoodwink the American people with
fear, lies and a manufactured fake crisis.
The Propaganda minister of Adolph Hitler was Joseph Goebels.
He said that if you tell a lie big enough and repeat it often enough the
people will come to believe it. Bush
and company understand that the big lie can only be maintained as long as the
State can shield the people from the political, economic and military
implications of the lie. A changing
lie can be used to confuse the people. A
search for invisible weapons of mass destruction seamlessly becomes a bold fight
for truth, justice and the American way.
The newest lie being promoted by Bush is that there is a crisis in the
Social Security system. He is trying to induce fear among the young by selling the
idea that they will have no retirement funds unless the system is changed
according to the gospel by Bush right now.
This is also a way to divide the people by age with the young pitted
against the old. The truth is that
the report of his own Social Security trustees states that the program is
fiscally sound for at least the next thirty-eight years.
With minor tweaking it can maintain the current level of benefits
Remember that currently 48 million people get checks
and 38% of those are disabled, widowed and children.
Social Security checks, whose recipients have an annual median income
level of $11,000, are the sole income of one-third of Americans over the age
sixty-five. Under the President's
plan of privatizing a portion of Social Security payments, conservative
estimates expect a reduction of 40% in payments to future retirees.
The transition costs to set up the Bush plan is estimated at $2-3
trillion. This increase in the
deficit is money that future taxpayers will have to pay back with interest.
The rationale Bush gives for his plan is that by playing the stock market
workers can make more money than the government currently earns by selling
bonds. The stock market earnings
are not guaranteed but the bonds are backed by the full faith and trust of the
U.S. government. If his plan had been in place 6-8 years ago when the market
crashed how would you like to have been relying on that income to pay your
bills? Argentina tried a similar
system a number of years ago. Their
economy tanked with a huge increase in the destitute elderly.
A cynical person might suggest that the real reason for the Bush plan is
all of the billions in commissions that will flow through the brokerage houses
which were some of his major financial supporters in the last election.
A simple plan that would raise most if not all of the extra funds that
may be needed 40-50 years from now would be to extend the social security tax to
the wealthy. Currently no social
security tax is paid on all income over $90,000.
Why should those who are wealthy not pay their fair share?
No one in this country gets wealthy solely by their own efforts. They either inherit wealth or earn it in the context of our
whole social and economic culture. The
name Social Security implies a social contract to provide security to those in
our society who cannot provide their own.
I have confidence that the younger generation will see through the lies
that Bush is promoting to induce fear and attacks between generations.
The younger voters were the only age group not supporting Bush in the
last election. They know bull when
they hear it.
All of us have relatives and friends who are dependent on their Social
Security benefits. Let those in Congress know that this attack on the poor and
aged now and in the future will not be tolerated.
Don't be taken in by the political language coming out of Republican
mouths that sounds truthful but is only wind.
Kerschner POB 397 Pe Ell WA 98572
(W) 360-291-3232 (H) 360-219-3946