"Medicaid, Social Security and Medicare can't be sustained."
February 1, 2005
Many have suspected that Joe Knollenberg has been wanting to completely disable important programs like Social Security and Medicare.
He and his fellow Republicans are still trying to dismantle Social Security by turning it into a privatized system, they just are not talking about it because they know the public disagrees.
Rather than try to convince the public, they are now trying to quietly change the program by sneaking some provisions into the budget bill.
Without any public statement warning voters that he and his evil henchmen (Dick Cheney, Karl Rove,
Bush plans to not only privatize the program starting in 2010, but he is going to fund it by taking over $700 billion away from the current Social Security system.
Bush, Knollenberg, Cheney, etc. must truly be dedicated to the total destruction of Social Security if they are willing to take away a huge portion of the program’s funding, privatize the system so Wall Street Brokers can get richer,
Shamefully, rather than tell the truth – that Bush and all the Republican’s in Congress plan to shutdown the Social Security program – the White House characterizes their position as “The President will also continue to promote comprehensive reform of Social Security to place the program’s finances on sustainable footing for future generations.”
Wow. That is a fancy sentence. Let me translate it into the truth:
The President will also continue to
promote comprehensive reform try to sneak language into law that will eliminate the current Social Security program as we know it of Social Security and instead force Senior Citizens to invest their money in risky stocks – possibly losing all their retirement benefits – while making wealthy stock brokers and greedy Corporate Executives wealthier. to place the program’s finances on sustainable footing for future generations. Meanwhile, Bush and the Republican’s will try to cut benefits as much as possible to Senior Citizens making it even harder for them to pay their rent and buy their medications.
Please do not just take my word for it, look at p. 321 of Bush’s Budget proposal. It is all just plain as day. The White House estimates it will cost:
* $24.182 billion in fiscal 2010,
* $57.429 billion in fiscal 2011 and
* $630.533 billion for the five years after that
for a total of $712.144 billion.
For additional information, check out this site: www.socsec.org/commentary.asp?opedid=1216