Solargate

[dellinger63]

Originally Posted by Danzig

i can't help but wonder if....

The feds simply distributed the $2.6 trillion it owes to SS benefactors and privatized SS? If an employee instead of paying 6.2% in a payroll tax was able to put it into a private investment account and their employer matched it? If instead of investing in things like Solyndra, bailing out failed banks and backing up Freddie and Fannie the money was invested in stocks, selected by the investor, gold or if desired, even T-Bonds?

The answer is obvious. SS taxes are the cash cow of the government. Allowing 12.4% back into private hands is unacceptable because we have wars and useless programs and companies to invest in. The only way government will ever cut anything is if the funds are made unavailable.

Under George W. Bush the National Debt rose $4.9 trillion in 8 years. In 3 years and nine months the National Debt has risen $4.4 trillion under Obama. No fear though as if he can maintain his current pace of $203 billion a month (October’s total) he’ll top the $5 trillion mark and do in four years what took Bush eight. If he maintains his current pace and is re-elected he’s on track for a $9.7 trillion second term debt and will not only double what Bush did to the debt but triple it.


Wall Street and the 1% are the wrong targets to protest.