Looting Social Security

13/02/2009 § Leave a comment

 

The essential transaction would amount to misappropriating the trillions in Social Security taxes that workers have paid to finance their retirement benefits. This swindle is portrayed as "fiscal reform." In fact, it’s the political equivalent of bait-and-switch fraud.

Defending Social Security sounds like yesterday’s issue–the fight people won when they defeated George W. Bush’s attempt to privatize the system in 2005. But the financial establishment has pushed it back on the table, claiming that the current crisis requires "responsible" leaders to take action.

GET OUT WHILE YOU STILL CAN!!

Looting Social Security

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