Please go to updated essay at: http://www.drsenator.com/SocialSecurityPart1TheProblem.html
This anonymous Op-Ed piece
criticizes President Bush for posing next to the file cabinet in the
Bureau of Public Debt in
The most remarkable quotes of the article:
Note: The actual quote by President Bush at the
about the Theft of the American Social Security Pension
In his speech, President Bush accurately presented and characterized the facts about the Social Security. But the NYT did not elaborate on this truth and deepen the public's understanding of the serious consequences we face because there is no money in the Trust Fund, only a promise to tax America for the money already spent. Instead, the New York Times chose to portray the actual truth as foolish and irresponsible political posturing. The NYT could have used that space to move the country forward toward fiscal solvency by printing a discussion about the merits and problems associated with the various solutions that could solve the looming 2018 Social Security deficit. But instead, they took the utterly irresponsible and childish position of denying the problem even existed and attempted to humiliate the President for speaking the truth. The article slandered the President's character and judgment by portraying him as an irresponsible politician casting doubt on our bond of honor to pay our national debts in order to forward his partisan agenda. But in actuality, it was the Democratic-Left Media who was actually committing the violation against truth for which they accused the President.
Errors of Definition & Propaganda Techniques:
To create this illusion of
error on the part of the President, the NYT writer
first implicitly defines "assets" and "Trust Fund"erroneously, and
then lampoons the President based on these specious
definitions. The writer continues and implies
foolishness, poor judgement, showmanship, croynism, and
embarassing clumsiness to diminish and
tarnish the President's very sound criticism of those
who call the government's debt to Social Security a "Trust Fund"
or "assets". An honest accountant would never call money
already spent, and now owed, an "investment". The
editorialist includes the truth about Social Security in his article,
but he immediately discounts those facts
by implying partisan or publicity motives to the President, so
as to plant seeds of doubt about the
NYT writer first implicitly defines "assets" and "Trust Fund"erroneously, and then lampoons the President based on these specious definitions. The writer continues and implies foolishness, poor judgement, showmanship, croynism, and embarassing clumsiness to diminish and tarnish the President's very sound criticism of those who call the government's debt to Social Security a "Trust Fund" or "assets". An honest accountant would never call money already spent, and now owed, an "investment". The editorialist includes the truth about Social Security in his article, but he immediately discounts those facts by implying partisan or publicity motives to the President, so as to plant seeds of doubt about the statement's truth.
of propaganda, slander, spin, smear, and obfuscation used in this
piece are the tools of a deceit-meister. The NYT has
clearly thrown its weight behind the author's view, having given
him print space and considered his perspective worthy
of worldwide publication. We see in this editorial a sure
indicator of the danger presented by the corrupt worldview and agenda of
the Liberal media's premier flagship.
The techniques of propaganda, slander, spin, smear, and obfuscation used in this piece are the tools of a deceit-meister. The NYT has clearly thrown its weight behind the author's view, having given him print space and considered his perspective worthy of worldwide publication. We see in this editorial a sure indicator of the danger presented by the corrupt worldview and agenda of the Liberal media's premier flagship.
The Truth about the "Trust Fund":
Security Trust Fund” holds no assets in non-government
securities. The "Trust Fund" represents only
obligations the American taxpayer must pay to the Social Security
beneficiaries. The government collects FICA taxes and
immediately disburses a portion of those funds to beneficiaries
and spends the excess on various government programs. No funds are
invested in business-based interest bearing pension fund
type instruments. Therefore, the taxpayer now owes the Social
Security beneficiaries an amount equivalent to the entire
diversion of the FICA tax excess plus interest, an amount
that will ultimately total in the Trillions. To keep a strict
accounting of this obligation, the government issues Treasury
Bills, and stores them in
The NYT editorialist implied that the President's statement about the lack of "real assets" behind the "Trust Fund" was a policy statement that invalidated our debt to Foreign treasuries. The writer then proceded to condemn the President on this basis. In this editorial we see a masterful but diabolical twisting of facts and intention to advance the Democratic agenda. The obligation to repay foreign governments is identical to the obligation of the taxpayer to repay the monies taken from the Social Security. The difference is that we overtly call foreign notes a "debt", while misleading the public in the renaming of the funds that were already spent a "Trust Fund". The President did not imply that we will renege on our debt to foreign nations; rather, he correctly characterized the "Trust Fund" Treasury notes as IOUs for money already spent rather than assets based on capital invested in securities.
The ordinary reasonable man assumes the word "Trust Fund" implies a pool of funds invested in interest bearing business-based securities. He does not expect that government will tax him for one purpose, spend that money on other programs, and then expect the him, the taxpayer, to pay again for the original amount plus interest. The complexities of the federal accounting system and the misleading name, "Social Security Trust Fund", have allowed the Federal government to spend every cent of the FICA tax excess, and call the debt to America's retirees an "asset". The audacity of this plunder of America's national pension fund rivals Hitler's big lies. And most remarkably the big lie continues to this day, with America's media and highest ranking Democratic officials perpetuating and defending it.
Why does the Left Persist in Propagating the Big Lie?:
The absurdity of this renaming scheme stretches the imagination. The temerity of those who stand before microphone, camera, and the nation challenges our ability to believe that they could be lying. But, such is the strategy of the big lie; it's just too big to be phony, nevertheless it is a charade. The fact that every high profile Democrat has lined up like toy soldiers to parrot the same lie bears examination. Why do the Democrats and Liberal media defend an unethical tax and spend system?
The theft and diversion of these monies is an obvious accounting fact. The mostly likely explanation for the Democratic Party's support of this lie is probably a combination of the factors mentioned above. It appears that the passion driving their actions is a fundamentalist commitment to implementing a humanistic-socialistic-globalist philosophy of solving the problems of resource distribution. To accomplish this end they support every method of directing funds into social programs to enlarge their recipient base. They have become the Robin Hood Party, taking from the richer and giving to the poorer by wealth redistribution taxes, asset usurpation, and diversion of funds from their legitimate use. Each of these tactics has become integral to attaining the Democratic Party's goals of removing the Christian God from public life, exalting the passions and imagined "rights" of man, and placing our trust and welfare in the hands of a "beneficent and wise" State bureaucracy.
The arguments advanced by Democrats to condemn privately held accounts include:
Each of these arguments can be confronted and dispelled as seen above. So to understand why the Democrats are opposing privatization and reform, we must look for other reasons. It appears that maintenance of incumbency and advancement of their social agenda drives their desperate measures to continue the flow of these stolen funds. By positioning themselves as the Party of gifts and social programs, they can create a class of citizens dependent on government support and thereby maintain a loyal voting block.
This effort to defeat Social Security reform has shown the efficacy of the Left's propaganda machine and the loyalty of their followers. An outright lie has proven more appealing and believable to the masses than truth. This defeat of common sense indicates the depth of crisis we face and indicates the population's susceptibility to embracing future truly pernicious governmental initiatives. This progressive decay of moral-social discrimination may portend an eventual collapse of our nation's social-economic structure (e.g. through various crises handled unwisely such as war, poverty, inflation, debt, environment, energy, and/or, unrest). We will move away from the abyss of national self-destruction as we embrace Godly righteousness and the high standards of our Christian heritage.