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The Plot to Destroy Social Security

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Michael Collins

(Washington, Dec 10)  Bill Clinton showed up at the White House for an "impromptu" press conference to discuss the president's tax compromise with the Republicans.  Clinton disclosed that "I make a lot of money now" and, as a result, he would benefit from the program.  Then he endorsed the compromise calling it the best deal Obama could make.  Clinton was particularly high on the Social Security payroll tax reduction.  "According to all economic analysis, [this is] the single most effective tax cut you can do to support economic activity. This will actually create a fair number of jobs. I expect it to lower the unemployment rate and keep us going." (Image)

Across town, United States Senator Bernie Sanders was telling the simple truth that Obama and Clinton avoided.  Reducing the Social Security payroll tax from 6.2% to 4.2% as a one year tax holiday presumes that the normal rates will be restored at the end of the one year period.  Who would restore those rates?  The very same party that passed the Bush ten year "temporary" income tax reductions.  That same party, the Republicans, now claims that ending the Bush temporary tax cuts represents the greatest tax increase ever.  Just as they forgot that those tax cuts were temporary, the new Republican majority will forget the payroll cuts were temporary.  Senators Bob Corker (R-TN) and Mike Johanns (R-NE) agree that ending the tax holiday will be portrayed as a tax increase.

Social Security has a dagger at its heart.  In 2011, we will have a president who won't even fight for Social Security when he has a majority in Congress and a House of Representatives with a veto proof majority that won't repeal any tax cut until Hell freezes over.

The citizens of this country have been betrayed by the smoothest con artists around for the benefit of the ultra rich, with the ultimate demise of Social Security assured by a rock solid majority of Republican extremists waiting in the wings to occupy the 112th Congress.

Where's the opposition?

The nation's largest organization for seniors, AARP, endorsed the Obama payroll tax cuts.  The organization did this despite the fact that the Obama compromise offers little in the way of benefits for seniors.

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The allegedly liberal publication, Mother Jones, just ran a piece by Obama apologist Kevin Drum claiming that there's every reason to believe that the payroll tax holiday will be over in just one year promised in this deal.  It's another example of tortured logic listing Republican avarice and concluding they'll honor their word.

The self styled advocates for a FDR revival, New Deal 2.0, ran two opinion pieces supporting the Obama deal.  One argued it was that the president "probably did the best he could" while the other actually praised the deal claiming that this was the "best deal" that Obama could get.  A third piece noted that Obama didn't know much about FDR's Social Security proposal but left the president untouched on the Trojan Horse payroll tax reduction.  What would FDR do?  Capitulate and equivocate.  Hardly.

The largest organization representing seniors, 40 million strong, just caved.  They and the president got some  cover by two organizations that advertise as being of the left who also caved.

That leaves Senator Sanders, those who will support him for real filibuster, focused advocates for the program, and citizens of the United States.  The House Democratic Caucus rejected Obama's proposal to some fanfare.  But their objections were on how the bill was rolled out and specifics like a $5 million threshold for any estate tax.

Addictions 101

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Two key features of the bipartisan political establishment are an addiction to stealing money from the people for their patrons, the corporate and ultra rich elite, and total denial that taking the peoples' money to satisfy this relentless craving is both harmful and morally unacceptable.

The Money Party is at the peak of its craving for more money earned their old fashioned way, through expropriation from the masses.  They will not be denied.  They are Hell bent on making their once false prophesies that Social Security is bankrupt into a living reality.

We are nothing to them.

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...the plan to forever structure tax brackets so m... by Gustav Wynn on Saturday, Dec 11, 2010 at 11:22:01 AM
It's all part of the great wealth transfer. It's ... by Michael Collins on Saturday, Dec 11, 2010 at 5:07:09 PM
fight. Those who have desired more power throughou... by Mark Adams JD/MBA on Saturday, Dec 11, 2010 at 12:38:38 PM
Tear down, bead down, and cram down is the sequenc... by Michael Collins on Saturday, Dec 11, 2010 at 5:09:43 PM
"... those crooks also passed an unconstitutional ... by Gustav Wynn on Sunday, Dec 12, 2010 at 4:55:58 PM
But I have another definition for what the BushCo/... by Linda Laurin on Saturday, Dec 11, 2010 at 1:47:47 PM
Yes, Bush I used those very words. This is what t... by Michael Collins on Saturday, Dec 11, 2010 at 5:15:28 PM
which lobbied and promoted the so called "healthca... by sommers on Saturday, Dec 11, 2010 at 2:09:21 PM
And I have to differ about the danger to Social Se... by BFalcon on Saturday, Dec 11, 2010 at 3:01:15 PM
It needs some adjustments around 2029 but it will ... by Michael Collins on Saturday, Dec 11, 2010 at 5:13:01 PM
Thank you for your excellent piece, Michael.This r... by Nancy S on Saturday, Dec 11, 2010 at 3:26:36 PM
welfare, at least where I live, has to pay it back... by Michael Shaw on Saturday, Dec 11, 2010 at 10:40:57 PM
Please explain to me the reasoning behind cutting ... by Bob Kral on Saturday, Dec 11, 2010 at 4:13:16 PM
They cut it by 33% for the employee share, then tu... by Michael Collins on Saturday, Dec 11, 2010 at 5:19:20 PM
corporatists and ultra rich are like alcoholics wh... by Allen Oliver on Saturday, Dec 11, 2010 at 5:34:41 PM
The elite have created a super structure of wealth... by Michael Collins on Sunday, Dec 12, 2010 at 4:11:32 PM
Why should he talk to anyone when he knew he would... by Allen Oliver on Sunday, Dec 12, 2010 at 5:30:45 PM
not 2%, 2 points. Just on the employee side. Na... by sommers on Saturday, Dec 11, 2010 at 5:38:53 PM
and their only ambition is to entitle themselves t... by Michael Shaw on Saturday, Dec 11, 2010 at 10:36:24 PM
I knew something fishy was up when Clinton came to... by Emily Dale on Saturday, Dec 11, 2010 at 7:29:22 PM
The president "lost the chance" by not leaning har... by Michael Collins on Sunday, Dec 12, 2010 at 3:58:39 PM
The oligarchs' definition of an "entitlement" is a... by Blaine Kinsey on Saturday, Dec 11, 2010 at 7:37:43 PM
permanent tax reductions on Social Security spell ... by Michael Shaw on Saturday, Dec 11, 2010 at 10:29:57 PM
The "Money Party" scenario has some serious proble... by Perry Logan on Sunday, Dec 12, 2010 at 5:15:48 AM
Like most people, you, Mr. Logan, are transfixed b... by John Reed on Sunday, Dec 12, 2010 at 10:15:59 AM
You said it: "The only way we could ever have it a... by Michael Collins on Sunday, Dec 12, 2010 at 4:02:50 PM
For AARP to endorse any slightest cut in social se... by Eugene Elander on Sunday, Dec 12, 2010 at 10:35:25 AM
If AARP had used its communication channels, this ... by Michael Collins on Monday, Dec 13, 2010 at 7:47:07 PM