Wednesday, March 17, 2010

The Government’s Plastic Just Went Bad

Flash! The Social Security System has returned to a net losing operation.

And more importantly: Congratulations! to the American public for being historically stupid and self-deceived. For a society that consistently professes to not like, trust, or expect anything good from politicians the American people appear to be incapable of acting in their own interests. Americans deceive themselves into thinking that the political party of which they are a member consists of politicians who miraculously are the only ones who can be trusted and relied upon. It doesn’t matter which party it is, their members are delusional morons. There is some evidence that gradually more and more people are breaking through this delusional disorder and recognizing the necessity of seeing these societal parasites as the unhealthy drains on our country that they are. But when the election seasons return, these independents massively select their choice from the classic ‘lesser of two evils’ and vote for one or the other major party candidates. So as a result of this failure on the part of the public we are left with nothing but Governmental failures and the privilege of paying the bill for the corrupt, self-serving and wasteful programs and policies that serve their interests but not the American public’s interests.

One monumental example of their failure and our imbecilic passive acceptance of their incompetence is the Social Security System. As you read this, the Social Security administration is running the program in the red. They are paying out more monetary value than they are bringing in. This would be fine, if they had reserves to draw upon that came from the current recipients, but they do not. So every day now, the Social Security administration is calling in IOUs for the funds that they collected from the American working population, but then turned around and loaned to the Federal Government for other budget items. This happened before, about thirty years ago; and politicians of that day stood up and did exactly the wrong thing. They did what politicians always do, they lied to the public and told them that they were going to solve the problem. And they did solve their problem, which was doing something that made the real problem move out in time and become our problem, only bigger. And as part of that sleight-of-hand they raised the Social Security rate (tax) on everyone but mostly on the 90% of the population that earns middle and low incomes; and to add insult to injury they raised the age of retirement.

So let’s keep trusting the Republican and Democratic parties, because they are sure looking out for us.

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