Thursday, August 9, 2012

A Letter

            Now, let me get this straight.  I am forced by Oligarchy fiat to contribute to a federally mandated retirement program, Social Security; I am forced to pay in-hospital medical insurance premiums; and now I am told that coverage provided by my years of annuity and insurance premium payments, the FICA tax, are just part of a larger "Big Brother" government benefit program, like Medicaid and food stamps.

            Our "telescreen" leaders tell us that today's financial problems are caused by these FICA funded programs, but the Social Security/ Medicare Advisory Board states that while the programs need to be revised for future solvency, they are not the cause of the current deficit problems. The Trust Funds have assets. Unfortunately, over the past two years, the Federal Government has taken some $300 Billion of my assets from the Trust Funds, by reducing the FICA tax by 2% a year for the purpose of stimulating the economy. Compounding the theft of my Trust Fund assets, Obamacare is taking another $500 Billion from the Medicare Trust Fund. If an insurance company did this, they would be in jail.

            The Oligarchy then adds insult to injury by calling my health insurance benefits and my annuity benefits a government provided benefit for me.  It is easy to understand why. There are three major revenue sources for the 2013 Continuing Resolution Budget; FICA, $1.2 Trillion, General Revenues $1 Trillion and borrowing $1.4 Trillion. And, "We the people" cower and let them do it.      

            The United States of America was founded on the principle of governance by the people. "We the people" have failed to govern and the Oligarchy now rules. Welcome to "1984".


Bob Dewey


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