Shipfitter,

As in so many things, this falls mainly onto Ronald Reagan evil administration. You will not accept this, but these excerpts point out the lying intent of Reagan, his administration and Greenspan.

Ron Reagan, remember his name, one of the most evil men ever to hold office...



Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he had an uncommon degree of charisma. The conservatives absolutely loved Reagan for his efforts to reduce the size of government, but most liberals h**ed him with a passion. Reagan is still revered by a lot of Americans. This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president. With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue. This surplus revenue was supposed to be saved and invested in marketable U.S. Treasury bonds that would be held in the trust fund until the baby boomers began to retire in about 2010. But not one dime of that money went to Social Security.

The 1983 legislation was sold to the public, and to the Congress, as a long-term fix for Social Security. The payroll tax hike was designed to generate large Social Security surpluses for 30 years, which would be set aside to cover the increased cost of paying benefits when the boomers retired.

Let’s have a look at the events leading up to this proposal. Reagan and the government had big financial problems. Supply-side economics was not working like Reagan had promised. Instead of the lower tax rates generating more revenue as the supply-siders claimed would happen, there was a dramatic drop in revenue. Something had to be done, so Ronald Reagan set for himself a new mission. He would have to figure out a way to get the additional revenue he needed from another source.

There has never been or ever will be a lock box for government revenues. Many taxes are collected in anticipation of a need far down the road. SS is the best example. So while that money piles up and won't be needed until the currant bunch of crooks is out of office, it will be robbed for other things. Gasoline taxes diverted to mass t***sit are another. Then later when roads and bridges are collapsing they raise the taxes. Since 1993 16% of fuel taxes have been stolen for mass t***sit. Some money gets stolen for bicycle paths.

Never trust a politician not to steal money for pet projects.

Shipfitter,

As in so many things, this falls mainly onto Ronald Reagan evil administration. You will not accept this, but these excerpts point out the lying intent of Reagan, his administration and Greenspan.

Ron Reagan, remember his name, one of the most evil men ever to hold office...



Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he had an uncommon degree of charisma. The conservatives absolutely loved Reagan for his efforts to reduce the size of government, but most liberals h**ed him with a passion. Reagan is still revered by a lot of Americans. This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president. With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue. This surplus revenue was supposed to be saved and invested in marketable U.S. Treasury bonds that would be held in the trust fund until the baby boomers began to retire in about 2010. But not one dime of that money went to Social Security.

The 1983 legislation was sold to the public, and to the Congress, as a long-term fix for Social Security. The payroll tax hike was designed to generate large Social Security surpluses for 30 years, which would be set aside to cover the increased cost of paying benefits when the boomers retired.

Let’s have a look at the events leading up to this proposal. Reagan and the government had big financial problems. Supply-side economics was not working like Reagan had promised. Instead of the lower tax rates generating more revenue as the supply-siders claimed would happen, there was a dramatic drop in revenue. Something had to be done, so Ronald Reagan set for himself a new mission. He would have to figure out a way to get the additional revenue he needed from another source.

Glaucon-good points! The only way I could see change, and that is not a guarantee by any means, is for the system to change. If our congressmen/women were only allowed to serve a total of 12 years or so then politics would not become a career. A person who is willing to serve, knowing in advance that this job is not a lifetime avocation, would probably be more of a patriot than a politician. We should also consider a part-time congress likes the States have. We do not need those people in Washington,D.C. on a full time bases dreaming up new laws which are neither needed nor enforced. We need to task them with reviewing all the laws and determine their applicability. Similarly, they should review every program to see whether some can be eliminated and others consolidated. For some reason, our representatives feel they have to pass new legislation as a prerequisite of keeping the populace happy.
The system is the problem not the solution. Good Luck America !!!

Shipfitter,

As in so many things, this falls mainly onto Ronald Reagan evil administration. You will not accept this, but these excerpts point out the lying intent of Reagan, his administration and Greenspan.

Ron Reagan, remember his name, one of the most evil men ever to hold office...



Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he had an uncommon degree of charisma. The conservatives absolutely loved Reagan for his efforts to reduce the size of government, but most liberals h**ed him with a passion. Reagan is still revered by a lot of Americans. This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president. With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue. This surplus revenue was supposed to be saved and invested in marketable U.S. Treasury bonds that would be held in the trust fund until the baby boomers began to retire in about 2010. But not one dime of that money went to Social Security.

The 1983 legislation was sold to the public, and to the Congress, as a long-term fix for Social Security. The payroll tax hike was designed to generate large Social Security surpluses for 30 years, which would be set aside to cover the increased cost of paying benefits when the boomers retired.

Let’s have a look at the events leading up to this proposal. Reagan and the government had big financial problems. Supply-side economics was not working like Reagan had promised. Instead of the lower tax rates generating more revenue as the supply-siders claimed would happen, there was a dramatic drop in revenue. Something had to be done, so Ronald Reagan set for himself a new mission. He would have to figure out a way to get the additional revenue he needed from another source.

Shipfitter,

As in so many things, this falls mainly onto Ronald Reagan evil administration. You will not accept this, but these excerpts point out the lying intent of Reagan, his administration and Greenspan.

Ron Reagan, remember his name, one of the most evil men ever to hold office...



Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he had an uncommon degree of charisma. The conservatives absolutely loved Reagan for his efforts to reduce the size of government, but most liberals h**ed him with a passion. Reagan is still revered by a lot of Americans. This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president. With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue. This surplus revenue was supposed to be saved and invested in marketable U.S. Treasury bonds that would be held in the trust fund until the baby boomers began to retire in about 2010. But not one dime of that money went to Social Security.

The 1983 legislation was sold to the public, and to the Congress, as a long-term fix for Social Security. The payroll tax hike was designed to generate large Social Security surpluses for 30 years, which would be set aside to cover the increased cost of paying benefits when the boomers retired.

Let’s have a look at the events leading up to this proposal. Reagan and the government had big financial problems. Supply-side economics was not working like Reagan had promised. Instead of the lower tax rates generating more revenue as the supply-siders claimed would happen, there was a dramatic drop in revenue. Something had to be done, so Ronald Reagan set for himself a new mission. He would have to figure out a way to get the additional revenue he needed from another source.

Glaucon-good points! The only way I could see change, and that is not a guarantee by any means, is for the system to change. If our congressmen/women were only allowed to serve a total of 12 years or so then politics would not become a career. A person who is willing to serve, knowing in advance that this job is not a lifetime avocation, would probably be more of a patriot than a politician. We should also consider a part-time congress likes the States have. We do not need those people in Washington,D.C. on a full time bases dreaming up new laws which are neither needed nor enforced. We need to task them with reviewing all the laws and determine their applicability. Similarly, they should review every program to see whether some can be eliminated and others consolidated. For some reason, our representatives feel they have to pass new legislation as a prerequisite of keeping the populace happy.
The system is the problem not the solution. Good Luck America !!!