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Woah! Wait a minute. Look at what's wrong with this

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Take a look at this headline from the Huffington Post and see if you can tell what's wrong with it.

"Delayed Social Security Payments May Prevent Default But Would Cause Disaster."

What I see is that "Delayed" Social Security payments doesn't prevent default, it actually is a default, a default on the government's debt to those 55 million people who live on Social Security. Those who depend on it for a bare level of subsistence living.

The Republicans have always wanted to kill Social Security. Now, they've use the fake debt ceiling issue to do it. More than $500 billion in interest on the national debt comes due in August. $23 billion in Social Security payments comes due on August 3.

Headline from a Bloomberg article linked in the Huffington Post article.

"U.S. Contingency Plan Gives Bondholders Priority."

In other words, withhold from the most vulnerable, the poorest, the oldest in our country in order to see that the banksters in other countries get theirs first. Sound familiar?

So, withholding $23 billion from Social Security recipients will pay off $500 billion? I don't think so. Hell, there are private individuals who could write a check for $23 billion to fund the Social Security payments. The United States doesn't have as much money as some private individuals? Again, I don't think so.

Average Social Security payments are about $1200 a month, $14,400 a year. Congressional salaries are $174,000 a year, a twelve to one ratio. Is the government going to withhold the salaries of the members of congress, about $1 billion in order to give the "Bondholders Priority?" Of course not, it would never occur to them to do that. Why, they might not be able to pay their country club dues.

The Republicans call Social Security an "entitlement," as if it were a dirty word. Well, I'm damn sure entitled to some things, like breathing and eating.

There's nothing wrong with having an entitlement. We all have them. Those 55 million also have the entitlement to live their lives with the assurance of decency.

I'll tell you what, If the government goes through with depriving 55 million people of the ability to live, there's going to be hell to pay. All members of congress, Republicans and Democrats, will have to share the blame, the Republicans for causing it and the Democrats for letting them.

If this comes about, there won't be anyone at all to vote for in 2012.

 

Ed Martin is an ordinary person who is recovering from being badly over-educated. Born in the middle of the Great Depression, he is not affiliated with nor a member of any political, social or religious organization. He is especially interested in (more...)
 

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and put members of congress at the bottom of the list by Rob Kall on Friday, Jul 29, 2011 at 4:02:18 PM
and put members of congress at the bottom of the list by Rob Kall on Friday, Jul 29, 2011 at 4:03:07 PM
You got that right by Ed Martin on Friday, Jul 29, 2011 at 5:46:00 PM