Here’s an interesting thing being kicked about on Capitol Hill.
I mean, on some level I’m not surprised, since my eyes have been opened to the fact that government is a hungry monster with an ever-growing appetite that is constantly looking for more lunch money to steal, like a school-bully crack-addict.
It is a myth that the funds we pay into social security are sitting there, invested in markets and things to grow for us and be there for our retirement (actually, it never would have been enough anyway, it was meant as an insurance program to help people who somehow couldn’t afford retirement to get by after they could no longer work … but I digress.)
No, politicians decided long ago that it would be safe to use all that money that would otherwise just be sitting around for other pet projects to sell to the public and thus buy re-election votes for all the wonderful things they “gave” you using money you thought you were “giving” them for something else. They'll just use the next generation's money to fund this generation's social security, and if we run out of their money, well, pass it on to the next.
Well now that that’s totally bankrupt, and Medicare is bankrupt, and we’re in debt to our eyeballs to the point where we’ve begun to “buy” our own debt … apparently some politicians and academic policy wonks are saying “heeeyyyy!!! Look at all that money laying around in people’s private retirement plans and IRA’s!!!! Mmmmm. Muunnnnn-nnnney.”
Now, to come up with a plan to grab that cash in the name of “protecting” it and “insuring” it will be there for people and “leveraging” and … buzzword, buzzword, buzzword. End result, Government has control over it. And we all know (or we should by now, anyway) know what happens when government has money in it’s pockets today. Of course, it finds all kinds of wonderful ways to spend it, and then some. Like they did with that Social Security money they were saving for us. But don’t worry. We’ll take GOOOOOOOD care of it.
Did I show you my deed for swampland in Florida?
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