Thursday, April 26, 2012

FORBES Magazine: The Great American Social Security Lie

I repeat....from FORBES Magazine no less: The Great American Social Security LIE:

http://www.forbes.com/sites/rickungar/2012/04/24/the-great-american-social-security-lie/
....."aging workforce"........... "while legitimately representing a small piece of the problem, fails to explain the lion’s share of the crisis" .... "It is a lie concocted by those seeking to fulfill Wall Street’s eternal quest to get its sweaty palms on trillions of dollars of our retirement cash, allowing them to expand their casino operations beyond their wildest imaginations—and Wall Street has a very healthy imagination." ...."I should point out that this result of crushing income inequality does not have the same effect on Medicare due to the fact that the tax we pay towards Medicare applies on all earnings with no caps. Thus, a dollar of income is being taxed for Medicare no matter whose pocket has possession of that dollar."