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Fractured Federalist Fairy Tales:
UPDATED: February
5, 2001
Have you ever wondered about why Social Security is really in trouble or why homelessness, crime, and other problems in America keeps on rising despite what the public is being told is a good economy with lots of jobs and low unemployment statistics?
Fractured Federalist Fairy Tales is about the truth behind those tales and more.
Once upon a time Social Security was viable and taking in lots of money and then one day a big mean and greedy moneygrincher came by, and the rest of the story is history, and goes like this....
The great Social Security debate and how to best stabilize the currently faltering Social Security System, and how to make it a viable financial resource in the future for retiring Americans, is at the forefront of concern for all Americans, both young and old.
So just how did Social Security get into trouble in the first place?
For years the Federal government was taking in a surplus of Social Security money, but restrictions placed on that surplus Social Security fund money by the Federal Reserve System, is the reason why there are currently no surplus funds.
The Federal Reserve System and the "private" banks that they operate are strictly for the benefit of the "select few" that can afford to directly invest in the system. Because the Federal reserve is a "privately run" for profit banking operation of the "select few," with no Congressional control over them or their activities, the Federal Reserve has its own rule making capabilities. One of those rules is that Congress or the Federal government can not carry over any surplus funds in the treasury at the end of the fiscal year, and that all surplus funds of any nature or source must be spent, because the Federal Reserve and its private investors does not and will not pay interest on any surplus funds accumulated by the Federal government. NOTE: In 1995 the masses of people(taxpayers) in the United States paid $332.4 Billion dollars in interest money to the private investors of the Federal Reserve System, some 58% of which went to foreign investors.
But doesn't the money belong to the people? No - No - and no again, the money of the United States does not belong to the masses of people (even though the Constitution says that the money does legally belong to the people). The last small percentage of the money supply that was owned by the masses of American people was removed by the Executive Order and authority of the late President Lyndon Baines Johnson. For more information on the Federal Reserve System and the negative impact that it has had on the masses of American people, please read, FEDCON: Death of the American Republic, Chapter 5, Goodbye Money - Hello Slavery. There are many details, including facts, on the Federal government run Federal Reserve System, and the private money that the Federal Reserve creates out of thin air and then sells to the United States Treasury for private gain and profit!
For the sake of a just and legal argument, let's do a comparison between business, union, and private pension funds vs. the Congressionally administered pension fund (Social Security) for the masses of the people.
Congress has legally mandated to all business, union, and private pension funds a strict set of rules concerning accountability of their pension funds. Congress, on the other hand, has no such set of rules for accountability on the part of the Federal government and the Federal Reserve System, to the masses of people in the United States. The government can argue that, yes they do, but the proof is in the pudding - Where's the surplus social security funds?
Believe me, if the amount of funding that was lost in this most recent and ongoing boondoggle with Social Security had been squandered away by anyone in the private sector, people would be going to prison. So in reality, there is one set of rules for the "select few" of Federal government and an entirely different set of rules for the rest of the people. Remember, that the "select few" in power seldom punish themselves when they have committed a mistake or are completely in the wrong. Truth and accountability from Federal government - WRONG!
So where is the justice in this and where, oh where, has all of the peoples money gone to!
There is no justice, and therefore no truth or honor in what was done, so with money in hand, Congress (mostly Republicans), and the other Federal bureaucrats squandered away the excess money of Social Security funds.
The reason that Congress (the Republicans again) wants to pass legislation to give excess Social Security funds to Wall Street to manage, is because Congress does not want to confront the real issue of the problem, and that is to firmly put the money back into the control of Congress, thereby exerting control over the Federal Reserve System. This is a solution that would not set well with the "select few" in control that have made and are continuing to make BILLIONS of dollars off of selling us our own money.
Once upon a time there was peace across the land and the fruits of labor were bountiful. It was a good time, but one day the darkening and ominous clouds started gathering over the land, and as the dark shadows fell on the land....
the people realized they had been conned into slavery and there appeared to be no way out for them.
Over the last three decades the author has stood by and observed the decline of the dollar earned for the average American worker in the United States, while watching goods and services of all types steadily rise in price, and rapidly out pace what the masses of common people in America are earning. As this happened the greedy moneygrinchers that handle credit in America (same ones that caused the decline in wages) steadily started becoming wealthier, while the masses of common people became more enslaved to the debts that they were having to make just to stay alive. At the same time, more and more common Americans were starting to lose everything they owned, and they were losing it to the already wealthy.
So over the last 30 years in this great nation, the wages for the working common people have steadily taken a percentage decrease compared to the goods and services that they need in order to survive. At the same time the profits and gains for the "select few" have risen at record rates. While the richer have been getting a lot richer, the masses of common people have paid the price for making those individuals wealthier.
Some people might remember the great wage reduction of the early 1970's, while others had not even been born yet. This is a reminder to the older generations who experienced that wage reduction, and a new education for the younger generations who were not around at that time. In 1970-71, the author was working for a National freight company in Dallas, Texas that was covered by a Union Contract being administered by the teamsters. The financial situation in America was shaky and the economy of the Nation was actually in a kind of mini recession. Many of the larger companies in the United States saw this recession as an opportunity to raise their profits and to cut their overhead costs. As a result of both the recession and the greed of these companies, many Americans lost their jobs, while a great deal of the rest were offered a choice, get laid off or take a reduction in what they were earning. Many of the older men at the business that the author was working at were laid off or terminated. The author was young with a wife and new baby, so the author opted for having his hourly wage slashed in half.
America never recovered from that rape of the working men and women by the businesses in America, and neither has a descent wage for those men and women. Compared to what the wealthy in the United States earn, the masses of American people continue to earn wages that are substantially less, and as a result the margin between rich and poor continues to grow daily. In comparison to how goods and services have steadily risen since 1970-71, the average working wage has not experienced that same steady rise. As a result Americans are paying far more than what they should for goods and services, and earning far less than what they should be getting.
So who's getting all the money? The wealthy of course. And who's paying all the bills? The working men and women of America, that's who, and they will continue paying the bills for the rich until they wise up. When the stock market goes up and heavy profits are made, who do you think will pay the investors of that stock? It will be the working men and women of America, each and every time they purchase goods or services, because somebody has to pay, and what better source is there for that money than the deep and jingling pockets of the working class.
So what about the low unemployment figures that the government says we have as a Nation?
Unemployment figures only reflect the
percentage of people receiving unemployment benefits.
As someone is removed from benefits as an unemployed individual, they are
also removed from the unemployment percentage. In reality the unemployment
percentages are much higher than what the Federal government is saying.
Just ask some of the disenfranchised Americans known as the homeless about
that slick scam.
Jobs! Sure, there are a lot of low end service jobs that literally pay nothing, but after all the "select few" in power want it that way - keep the slaves poor. All of the good manufacturing jobs are being moved to places outside of the United States, where the "select few" in power and control can get their labor for 50 cents an hour or less.
The "select few" in power have turned the masses of American people into no more than the servants and slaves that create their wealth and service them. Bluntly put, the masses of American people have become the whores for the "select few" in power - good enough to make them wealthy, but not good enough to adequately share in the spoils. The wealthy look at the masses of Americans in this perspective; you're a good source of labor and money for us, but you can't share in our wealth and privilages! A stud horse generally gets better treatment than that, but after all, a horse is not a common person to be manipulated at will by the rich. [Definition of a human that continually gets manipulated for the convenience of the wealthy: A SLAVE!]
Want to know more about what has already been said, and about the
"silent conspiracy" that has been destroying the Constitution
and Bill of Rights, and the American people themselves? Then click
the flag to go to FEDCON: Death of the American Republic,
book section. This is the book that exposes the great, but no longer silent
conspiracy that the people have been hearing about for generations. Find
out for yourself who and what is destroying America. Discover that there
are positive solution's to today's problems and that these solution's are
within reach of the masses of the people. Twenty-eight years of research
and 43 years of experiences went into the making of this book. Make a FREE
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