More SS fakery.
Some things people need to know.
Republicans would love to repeal or drastically cut Social Security claiming it is bankrupt. But here are some facts you need to know.
* Primarily financed by a 12.5% payroll tax split between the wage earner and the employer.
* Pays monthly benefits to about 53 million Americans.
* For 25 years has been taking in more that it pays out and now has a reserve of $2.5 Trillion Dollars.
* During the current recession SS has had to draw on those reserves due to high unemployment.
* The Congressional Budget Office estimates that the reserve fund and payroll taxes will cover full payment of benefits for another 33 years. ( Plenty of time to restore the economy if conservatives stop blocking provisions to do so. )
From my own article here: http://joe
Read the Article at HuffingtonPost
Thursday, July 22, 2010
Scammed: What Shirley Sherrod and Social Security Have in Common
Thursday, July 15, 2010
Drill, Gamble, Loot, Starve: The Chamber of Commerce, the GOP, and the Politics of Plunder
Is there any wonder who the Republicans work for any longer? My own bit of satire here with some graphics I hope you will spread. http://www
Read the Article at HuffingtonPost
Thursday, July 1, 2010
Terrorism: Why They Want to Kill Us
Nothing new..but too often ignored. Where there are valuable resources we will be there to "protect our national interests" which translates to: We will stay until the resources are gone.
Sadly Afghanistan, once thought to have nothing of value, has found pretty substantial reserves of valuable minerals. That of course, makes their nation of "interest". It also means there are more resources for the corruption inside the country to fight over.
We need to show them how to mine their resources and get out of the way. If they wind up killing each other over their own new found wealth...s
As a soldier McCrystal should not have said what he said openly. That does not mean he was not right.
Read the Article at HuffingtonPost
