remember when Social Security went bust in '88?
-- Jeff Horwitz
Remember when Social Security went bust in '88?
Fri Feb 4, 2005 01:01
64.140.158.5

 

Remember when Social Security went bust in '88?
http://www.salon.com/politics/war_room/2005/01/26/88_crisis/index.html

Over at Talking Points Memo, Josh Marshall takes us back to 1978, when future president George W. Bush tried (and failed) to convert his family name into a seat in the House of Representatives.

From a 1999 Texas Observer Article:

"According to Gary Ott, who was then a reporter for the Plainview Daily Herald, Bush stopped by the paper's little office 'maybe five or six times [during Bush's 1978 congressional run]. He'd sit down at my desk; he was a fun guy. He was very outgoing, very friendly, and we would argue politics since I was a liberal. We'd argue over Carter policies.' Bush criticized energy policy, federal land use policy, subsidized housing, and the Occupational Safety and Health Administration ('a misuse of power,' he said), and he warned that Social Security would go bust in ten years unless people were given a chance to invest the money themselves."

As it turned out, the president's math was a little fuzzy. In the 1980's, Congress tackled the problem, approving a two-percentage point increase in Social Security taxes that guaranteed the program's solvency for decades. But now that Bush is proclaiming the second coming of the Social Security "crisis" (looming over us as soon as 2042), simply raising taxes to cover any baby-boomer shortfall isn't on the table.

-- Jeff Horwitz

[14:54 EST, Jan. 26, 2005]
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Social Security's Phoney Crisis: Forget Privatization: There are a number of ways to fix retirement plan Author:Ted Rall 1/20/2005
Published in Northern Express - Indexed on Jan 27, 2005 Similar pages
Relevance:
Think back to the 2000 election campaign. Was anyone talking about Iraq? No way. Yet by fall 2002 we'd gotten so riled up--although nothing had changed--that millions thought Saddam was an imminent threat that had to be taken out. You have to hand it to George W. Bush: he can conjure a crisis from a vacuum. Now the same team that brought you "Iraq on $200 Million a Day" is pimping a preemptive strike on Social Security, seizing on Generation X doubts that the program will still be around when they retire and excessively rosy Democratic assurances to drive a stake in the biggest New Deal-era program.
http://www.northernexpress.com/editorial/features.asp?id=965

Subject: The Social Security Number
Date: Wed, 10 Apr 2002 14:28:55 -0400
From: "awarelaw" awarelaw@ix.netcom.com
http://www.apfn.org/apfn/ssn.htm
========================

Further reading:
Comment Upon the Voluntary Nature of Social Security http://fly.hiwaay.net/~becraft/ssn.html
No Federally-mandated State Requirement for SSNs http://www.networkusa.org/fingerprint/page1/fp-no-federal-requirements.htm
One in three children in the world not numbered, UNITED NATIONS,UNICEF -
http://www.unicef.org/newsline/98pr33.htm

. THE UNITED STATES IS STILL A BRITISH COLONY
THE UNITED STATES IS STILL A BRITISH COLONY EXTORTING TAXES FOR THE CROWN! A DOCUMENTARY REVIEW OF CHARTERS AND TREATIES August 17, 1996 An introduction by the "Informer" This is
http://www.apfn.org/apfn/bcolony.htm

The Enemy Is Very Much Within Subject: The Enemy Is Very Much Within Date: Sun, 30 Sep 2001 17:37:21 -0600 From: Within our own Government, that is. Specifically within certain
http://www.apfn.org/apfn/enemy_within.htm

Queen Elizabeth controls and has amended U.S. Social Security
Queen Elizabeth controls and has amended U.S. Social Security THE ULTIMATE DELUSION Subject: THE ULTIMATE DELUSION Date: Mon, 9 Apr 2001 17:40:27 EDT From: To the people, I found
http://www.apfn.org/apfn/queen.htm

18. THE AMERICAN HALLUCINATION
THE AMERICAN HALLUCINATION AN INDICTMENT OF THE AMERICAN MIND Subject: THE AMERICAN HALLUCINATION Date: Tue, 26 Jun 2001 14:06:18 -0400 From: "Nicole Terry" Here are some very
http://www.apfn.org/apfn/halluc.htm

 

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