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Friday, November 12, 2010
What Social Security Crisis?
Privatizers claim there is, but they don't believe it and here's how you can tell.
1. Claim:
The crisis starts when the first dollar is needed from the trust fund (in 2018). But, private accounts require dipping into the trust from day one — they see no problem with that.
2. Claim:
The trust fund is just paper and of no use. But they plan to spend all of it — ~$2 trillion
3. Claim:
Once the trust is gone Social Security is "bankrupt." But, if they get their private accounts, no problem, they say. Just borrow trillions.
4.
When republicans talks to those over 55, they says there's no crisis for them.
5.
The privatizers told us in 1983 they would need a crisis to push this through. They're tired of waiting, so now they pretend there's a crisis.
A Crisis in 2018? Privatizers claim that as soon as Social Security needs to use some of the interest the trust is earning, the treasury just won't be able to come up with the money. Oddly, the Treasury has borrowed billions for every other reason; why not to pay back the Social Security it owes us?
This whole phoney crisis is about republicans directing commissions to their friends on wall street by hooking retirement security to the ups and downs of the market.
ACVDN
You live in the 6th District and Rep. Robert Goodlatte is your Congressman. Goodlatte promised when he first ran to term limit himself to 6 terms. He was just re-elected to his 10th term in the House.
Bob Ranks 374 of 440 on Sponsored Bills with big number 7 sponsored with 0 becoming law. He has Co-Sponsored 257 Bills with 8 becoming law. Bob Votes with the republican party 96% of the time and Abstains 1% of the time. What does Bob do the remaining 3% of the time? I don't have a clue.
Here's a bill Bob sponsored
H.R.982 - Tax Code Termination Act To terminate the Internal Revenue Code of 1986
and another he sponsored
H.R.2305 - SAFE for America Act To amend the Immigration and Nationality Act to eliminate the diversity immigrant program.
Wonder Why???? Nothing this guy sponsors becomes law.
Recent Voting History
The votes below were taken by roll call, a voting procedure that records a vote from every Senator or Representative on the bill under consideration. Bob may have voted on other bills by the process known as "voice vote", but these votes are not recorded.
H.R.3940
To authorize the Secretary of the Interior to extend grants and other assistance to facilitate a political status public education program for the people of Guam. On Motion to Suspend the Rules and Concur in the Senate Amendments: H R 3940 To amend Public Law 96-597 to clarify the authority of the Secretary of the Interior to extend grants and other assistance to facilitate political status public education programs for the peoples of the non-self governing territories of the United States.
Aye (with party) September 29, 2010
H.R.3081
Department of State, Foreign Operations, and Related Programs Appropriations Act, 2010 On Motion to Concur in the Senate Amendments: H R 3081 Making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2010, and for other purposes
Nay (with party) September 29, 2010
H.R.512
Federal Election Integrity Act of 2009 On Motion to Suspend the Rules and Pass, as Amended: H R 512 To amend the Federal Election Campaign Act of 1971 to prohibit certain State election administration officials from actively participating in electoral campaigns.
Nay (with party) September 29, 2010
Should you need to contact your congressman here's his website http://goodlatte.house.gov/
Good Luck
ACV Democratic News
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What Social Security Crisis?
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