-Caveat Lector-
Sno0wl wrote:
>
> -Caveat Lector-
>
> On 26 Feb 99, , Kris wrote:
>
> > -Caveat Lector-
> >
> > from:
> > http://www.aci.net/kalliste/
> > <A HREF="http://www.aci.net/kalliste/">The Home Page of J. Orlin Grabbe</A>
> > -----
> > Clinton Rapes Social Security
> >
> > <graph>
> >
> > Look at the bottom line. This shows the federal budget is $100 billion
> > in deficit and is projected to stay that way over the next several
> > years. Look at the top line. This is Clinton's so-called budget
> > "surplus". It is obtained by adding the current cash flow surplus from
> > Social Security to the bottom line. This Social Security cash flow
> > surplus results from higher Social Security taxes enacted to "save"
> > Social Security. But the government simply takes the extra money and
> > spends it. Or rather, it "borrows" the Social Security surplus by
> > issuing government bonds to the Social Security Trust Fund. These latter
> > bonds will eventually have to be paid out of general tax revenues.
> > The people who are now paying higher social security taxes to "save"
> > Social Security will eventually be taxed again to pay the bonds issued
> > to the Social Security Trust Fund. They will be taxed twice to pay for
> > the same thing.
> >
> > But the key here is that the current Social Security cash flow surplus
> > is not government income. It is borrowed money. So the top line is a
> > lie. The top line is Bill Clinton's "budget surplus." How nice that Bill
> > Clinton is going to use some of this non-existent "surplus" to "save"
> > Social Security.
> >
> > Bend over America.
>
> I was listening today to someone on NPR talking about Medicare and how the country
> wasn't going to be able to give the "elderly" all this expensive care. And something
> struck me....
>
> In all those years of working, American workers actually accepted lower wages and
> took "benefits" in the form of medical coverage. This was not a big bonus given by
> corporations. Benefits were in lieu of wages. However, most of us were young and
> healthy and rarely needed to use those benefits....which turned out to be a benefit
>to
> the corporation and to the insurance industry.
>
> Now, as we get older and will need those health benefits--for which we are no longer
> covered by those corporations we no longer work for--they're gonna tell us it's too
> expensive to give us health care? Or that they can only give us limited health care?
> How can this be anything but a humongous boondoggle for the insurance industry who
> only want to insure young, healthy people who don't need medical services?
>
> I am thinking of my own mother, now in her 90s, who has consumed hundreds of
> thousands of dollars in medicare benefits over the past decade...and have to remind
> myself that I paid for that...something for which I feel absolutely no resentment
>(indeed
> feel some pleasure and satisfaction), until I begin thinking that the quality of
>care she's
> gotten will not be there for me when and if I need it. And that young people working
> now do very bitterly resent the fact that they are supporting medical benefits for
>the
> elderly--and for the millions who can't afford medical care. (And the media is
>fanning
> that intergenerational/inter-class anger.)
>
> The whole medical/insurance/pharmacaeutical industrial complex is out of control!
> Which is why I'm making colloidal silver and learning everything I can about all
>those
> weeds that grow in my backyard. Some of them are downright miraculous--not to
> mention free.
What do you expect from a capitalist society?
It's time for socialized medicine. Our lives depend on it.
Doctors, insurance geeks, and pharmaceutical crooks have gotten quite
rich enough.
Joshua2
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