Thursday, February 17, 2011

Too Much Analysis Can Be Bad For Butch's Head

Butch can't seem to leave the 'social security thing' alone. He says it is typical of a good old fashioned hoodwinking of the American people. "As much as folks don't want to get dirty, sometimes you just got to look under the hood. When they invented this Social Security scam they had an idea of creating more revenue for the politicians to buy votes and gain power. They sold the folks that every working citizen should have a safety net. So a worker would pay into a fund and at the age of 65 the tax payer could receive retirement income until their death. Shouldn't every hard working taxpayer have a safety net? This little tax, when added to the medicare tax, now represents over 40% of the government's revenues. These payroll taxes are as large as the biggest source which is Individual Income Taxes. Since the life expectancy of a man was 60 years old, and a woman was 64, at the time Social Security was sold to the public there was so much money in the Social Security Fund that the politicians could use the money for other purposes. As we have said before 'they made-off with it' in a good old fashioned Ponzi scheme. Now the life expectancy of men is 75 years of age, and of women, a whopping 80. Not good news for the politicians. They never expected to really have to pay the money back to taxpayers. And here we are calling Social Security the third rail of American politics that no smart politician would touch. And for years no one has, Obama included in his receipt piece of crap that he called a budget. Add to this little life expectancy problem the fact that baby boomers are retiring faster than taxpayers are entering the work force (and those who do can't find jobs in an Obama economy) and projections are that the payout of social security benefits will increase by over 50% in the next 20 years. And of course this is money that we don't have."

"So what do the Libs want to do now? They want to takeover our Health Care System the way they have 'made-off with our retirement safety net'. Fat chance. The way these morons manage things in 20 years every car GM sells will cost the taxpayer more than GM can 'make-off' with. They will be selling them at 10% of GM's cost to the Chicoms so that they won't call our debt while Libs tax American workers to make up the difference while they save Health Care and the Auto industry."

"Only Obama could take employment from 136 million workers to 130 million in two years while increasing the deficit by $5 Trillion and say he can't make budget cuts because it would screw up his RECOVERY. Only Obama would propose a budget that adds another $1.4 Trillion to the deficit and call it a 'downpayement' on the deficit. Down payments, saving us from the brink, reforming us, changing us, windmills, trains, civility, social justice, redistribution, closing Gitmo, attacking Afghanistan in the 'good war' because al-Queda was there at one time, whitewashing the Fort Hood shooting. My head's exploding. Does anyone know what Obama is talking about? He also says he is right on schedule to meet his campaign pledge to cut the deficit in half in his first term in office. I will give away a spanking new Billy Roy Mitchum autographed Farmall hat to anyone that can explain that one."

This was a pretty safe offer and with no takers primarily because all the folks had left the cafe pretty much earlier which has happened to Butch somewhat frequently when he bloviates on the Social Security thing and such.

Think a little more about it and maybe Butch could back off a little,


No comments:

Post a Comment