You can fool nearly all the people…

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Tag Archive for ‘CAP’

Center for American Progress and CATO both want to invest our Social Security funds in stock market

When the right and left political wings agree, you can bet middle-class Americans are in trouble. And if you are talking about Social Security, a new bipartisan plan spells major cuts in benefits, as the establishment is set to privatize our public retirement system after the mid-term elections next year. About $2.8 trillion (2,800,000,000) has been borrowed since the 1980s from your Social Security contributions to pay for bureaucratic wars […]

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We should not use our Social Security worker contributions to pay for general welfare programs

The day after the President’s State of the Union address, many pundits are concerned with his reference to Social Security, a subject he continues to toss out as a bargaining chip with the GOP.   Social Security is a worker program that has been used as a welfare program. Our 13.4% contributions (you plus your boss) should pay for a decent pension when we get to 65 (why not 60?), […]

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