--- In [email protected], "sparaig" <[EMAIL PROTECTED]> wrote:
> --- In [email protected], "authfriend" <[EMAIL PROTECTED]> 
> wrote:
> > --- In [email protected], TurquoiseB <[EMAIL PROTECTED]> 
> wrote:
> > <snip>
> > > The chances of an American administration
> > > and/or an American Congress being able to resist the
> > > pressure and often outright bribes made by these
> > > companies is, in my opinion, slight.  It's almost as
> > > if it'll require junking the entire system and start-
> > > ing over to fix it.  And how likely is that?
> > 
> > As the Common Dreams guy notes, though, the French
> > have to pay significantly higher taxes in return for
> > their excellent health care.  So it's not just the
> > pressure from those who profit from the current 
> > health care system the legislators would have to
> > resist, but from the taxpayers as well--especially
> > the upper-income taxpayers who are less dependent
> > on good health insurance for their medical care.
> 
> We already pay extraordinarily high taxes in this country.

By *our* standards, not by that of other countries.

> Our SS 
> fund has been used as a resevoir for tax refunds to the wealthy and 
> for public funding of wars, and corporate subsidies, etc. All of 
> that comes out of the SS fund, which is paid for almost entirely by 
> the lowest 99% of wage-earners.

Oh, lord.  You may not approve of what the government
spends the trust fund money on, as I don't, but unless
the government *defaults* on the Treasury bonds Social
Security bought with the trust fund money, all of it
will come back to Social Security when it's needed for
pensions for those who are paying into Social Security
now.  The people who pay into it will get it back.

The big problem is where the government is going to
get the money to redeem the bonds, but redeem them
it must; it's in the Constitution.  The bonds are
backed by "the full faith and credit" of the U.S.
government, according to the Constitution.







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