As I’m taught and believe the purpose of government is to institute decisions that govern a society conflicts, allocate benefits and privileges and most of all maintain security and order for its citizens, on behalf of the citizens, which we endowed to our elected representatives. In my opinion (academically speaking), politics is appropriately viewed as “The process of resolving conflicts and deciding “who gets what, when, and how. More specifically, politics is the struggle over power or influence within organizations or informal groups that can grant or withhold benefits or privileges (Harold Lasswell, 1936).”
In the case of the government run Social Security Trust Fund, “Grant or withhold benefits or privileges to its contributors.”
Hum… Now that’s a scary thought.
The management of the Social Security Trust Fund (SSTF) and the government allocations of those funds / benefits and privileges is skewed by past and present “party politics,” with both parties equally responsible for the gross mismanaging of American citizens / tax payers contributions to the Social Security Trust Fund.
Of course, no politician on either side of the isle has publicly stated bluntly, charges of government mismanaging the SSTF. But today all seem to agree that if business remains as usual something drastically has to change in the skewness or future “probability distribution” of citizens trusted funds (tax dollars contributions) to insure future solvency of the Social Security Trust Fund.
The Social Security Act obviously is diluted and sifted from President Roosevelt original proposal to the 79th Congress, called the “Economic Security Bill.” In spite of the original proposal it is a historical social landmark in the advancement of humanity caring for humanity sake. But some leaders in congress appear to desire a roll back in the hand of time to a period ungracious of being human and lower in equal to four legged creatures on the planet. It’s time for truth and face the consequences of Government mismanaging the SSTF.
The Social Security Trust Fund has outstanding IOU’s on the books that are in default, probably never to be repaid. Why? Because our government in its management borrow from the trillions of dollars collected from the millions of tax payers payrolls deposited into the SSTF, to finance our big government rather now this present day refuse to pay back with interest monies borrow annually during budget crunch times.
How did this happen to a trust fund established by our government for its hard working citizens when they retire as a safety net, to ward off poverty during old age. The government we trust and pledge allegiance as children through-out this country, to support with life and liberty. But now come face with the reality that our hard earned contribution may not be there when we retire, or we may have to put off retirement until we are older than 65- 67 or reach 70-75 years of age. Yet still the possibility loons overhead that business will continue as usual, stealing money from the trust fund under the guise of IOU’s. This money is real and tangible, put in trust of our government by hundreds of millions of working American since 1935.
Are we to think our government is no better a money manager than Bernard Madoff, the convicted Ponzi Scheme King of today? His investors trusted him based on his reputation as a wise and competent money manager, similar to our government reputation backed by U.S. Constitutional dictates that orders America to pay its bills on time. It turns out Madoff investors are deemed gullible and unrealistic to believe Madoff would deliver on his word to grow their monies under his management.
What about us citizens of America? Are we like those Madoff investors that knew of others who received returns on their investments in the past? Don’t we all have retired parents, love ones, friends and associates receiving and received Social Security payments (return on their investments over the years)? Are we the next shameful mass of investors labeled, gullible and duped out of their funds by a money hungry monster?
Well, we have time to avoid the blame game of “blaming the victim.” Will we sit idly by in watch our President, Congressional Leaders, State and Local elected politicians play the blame game right before our eyes while both parties have their hands in the Social Security Trust Fund cookie jar?