Wednesday, June 25, 2008

Social Security Going Broke?

Well, the Social Security system is telling it like it is, that it's going broke. It's been telling us this for years, but the politicians have been see-sawing between hopefully optimistic, and sticking their heads in the doo-doo created by their political manure in Washington, and basically ignoring the problem, while borrowing billions from the SSA to put into other programs.

Now the well is running dry, and the politicians are running around like Chicken Little screaming that the sky is falling. Good grief, does this surprise anyone? We've been told this was coming, yet the bureaucrats in Washington sat on their partisan hands, and did nothing to solve the problem, but yap about it, and blame the other party for the problems, as they always do.

Obama has this idiotic idea to change the basis for paying Social Security taxes and start collecting it when people make over $250,000 a year, but still stop collecting when your salary exceeds $102,000. That's ridiculous. I say place the Social Security tax on full income no matter what it is, with no gaps at all. If you make $175K, apply the tax. Then adjust the benefits accordingly. What's the logic of having a tax gap between $102K to $250K? That doesn't help the "true" middle class, or lower-class family with multiple income earners. Sounds more like pandering to some "phantom" class to me, than any sense of fairness.

If you want to balance the system, stop all the giveaways. Stop the Section 1011 free medical for illegals that is part of the Medicare Fund. Don't you think that drains your tax dollar and your future ability to get medical care through Medicare?

Check out the pdf below and look at the address...Direct to good ol' Social Security to pay for those illegals we can't stop at the border. It cost California $10.4 billion dollars in unreimbursed costs last year alone, so imagine the federal bill.
http://www.scha.org/documents/cms-10130A_aliens_determination_of_pmt_form_1.pdf

And, overhaul Medicare because that's going for broke before Social Security! Quit giving benefits to those who never put a damned thing into the system! For example, it's a welfare system for many; in addition to the Section 1011 already mentioned, many people presenting Medicare cards with the letter "M" following the number are usually alien residents who are collecting benefits under another family member, and frequently the recipient of an organ transplant or other costly medical procedure.

Since Medicare will ostensibly go broke before Social Security, this is even a bigger issue in my mind, as we attempt to salvage our old age safety net.

Getting older in America is not a such good thing anymore. Those who worked to bring us where we are today, who fought to guarantee freedom and hope are losing ground, and their legions are slowly fading from sight. The new warriors are sadly unappreciated after a flash-in-the-pan welcome home. Many young Americans are being abandoned by their parents in form of guidance, if not love, and have no semblance of familial unit to guide them, turning to gangs instead.

And our elected officials seem to be either ineffective, unwilling to correct the wrongs of the system, so entrenched in party politics that they don't know right from wrong, prone to corruption, or like so many we've seen over the past few years, in court or prison for their misdeeds.

America, it may not be too late to wake up and make a change, but soon it will be, because if you don't, history is destined to repeat itself all over again.

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