Friday, January 27, 2012

Social Security

Obviously, something has to be done to keep the promise of Social Security. The government is now paying out more than it's taking in as far as Social Security is concerned. This will only get worse as the next wave of retirees start collecting.
I've come up with a few ideas that could help all those that have paid into or are presently paying into the system.
(1) Grandfather anyone already collecting their Social Security (age 65 and over).
(2) Anyone that has not paid into it should be cut off from receiving any future funds from Social Security and either put in some other program or dropped completely.
(3) All fraud should be heavily prosecuted with both huge fines ($25,000 min.) and jail sentences (5 years min.
(4) No one living outside of the United States should receive any payments.
(5) Anyone born after 1950 that has paid into the system and will start collecting their Social Security in the near future should have any earnings in excess of $24,000/ year (gross) deducted from their Social Security payments.
(6) Anyone born after 1990 should have half of their Social Security deduction deposited in a separate fund that purchases U.S. Treasuries and that would accumulate throughout their working lifetime. They then would become eligible for half of their entitlement from Social Security and the other half would come from their accumulation of U.S. Treasuries.
(7) Anyone that is not a citizen must not only pay into the system but would not be entitled to collect from it. This is the cost of the privilege of working in America but not willing to become a citizen.
(8) Anyone working in an elected office for the government cannot collect any payments while employed as such during the years that they work in those positions (regardless of age).
(9) A new fund should be set up just for Social Security deposits. This money from this fund could be borrowed by the government at the prevailing interest rate at the time of borrowing and the interest rate would fluctuate monthly to stay in line with whatever the prevailing rate is at that time. These loans should not exceed a period longer than 10 years before being fully repaid and backed by real assets of the borrower.
(10) All employers must pay their share of Social Security for every employee, whether "on the books" or not.
(11) Anyone may "opt out" of being part of the Social Security system, thus never have a claim to collect payments in future years. However, they still must pay 50% of their normal deduction anyway.
These changes could certainly shore up this burden on the U.S. budget obligations.
If you can think of any other ways to help, please let me know.

Wednesday, January 18, 2012

Something is really wrong...

We've all been watching the Republican "candidates" not only destroy each other but bring discredit to the Republican party, thus making none of them capable of beating Obama in the coming election.
To make matters worse; on Sept. 6th, Obama will be nominated by the Democratic party. He is unopposed even though most of the party either is totally disappointed by him or is in fear of what he can do to their careers as he's thrown so many of his supporters "under the bus" already.
And of course, let's not forget about the Supreme Court decision that permits "Super PACS" from spending unlimited sums on their choice of candidate. Obama has raised over a billion dollars in his "Super PACS" and has Acorn already intimidating voters in some areas of the country.
Doesn't something seem strange about all of this ? Are the American people being conned by an already inept government ?
At this point, we certainly can't vote for Obama and the potential candidates in the other party are all poor choices for President. So, what is one to do ?
If Obama gets re-elected, it's the end of our democracy and the American way of life. He will make us into just another copy of a European country and let illegals and muslims run rampant. He will break many companies with his Obamacare and other agencies and their restrictions as well as making America more vulnerable with a smaller armed force to protect us.
Isn't it time to revolt and force our government back to the way our forefather's intended it to be ?
What are you doing about it ? Are you content to keep your head buried in the sand and drink the cool-aide ??? Then you deserve what's coming in the near future. Prepare yourself for your income to decrease, your taxes to increase, prices of everything to go way up, your "freedoms" to be redefined and your entire way of life and standard of living to radically change for the worse (unless of course you're one of the non-contributors in our society).
DO SOMETHING ABOUT THIS..................dammit !!!