Page 296 - Beers With Our Founding Fathers

Beers with our Founding Fathers

to the recent confiscation of private student loan programs.

Presently there is a strong possibility that private retirement
programs may be confiscated. Why is this? These are economic

systems and freedoms – your life contributions and financial
freedoms; they are a financially needed resource not previously

tapped by the government. Like the union bosses cavorting with
organized crime, retirement accounts were plundered for decades

and now retirees are learning that their funds may not exist. There
is a call for the government to guarantee these programs for the

benefit of the unwittingly impacted retirees. The crisis that cannot
be ignored is that private retirement funds cannot be trusted. The

truth of the matter is that these untapped funds to be confiscated
would be used for various unfundable government programs. This is

similar to the ‘IOU’ plundering of Social Security for decades to fund
the growing Parasitic Cult programs. This is a nice way of saying

there is not enough taxable income or assets. The government is
operating multiple Ponzi schemes to fund the current and future

Parasitic Cult generations, and at great costs to our future Fiscal
Culture generations. Moreover, the current ongoing reduction of

payroll taxes to wage earners is exacerbating the Social Security
Ponzi scheme. It is a feel-good measure of several years. Payroll

taxes are those taxes the employees and employers pay towards the
Social Security; each pays half of their obligation, with self-employed

paying their full obligation. For decades the program was annually

underfunded with less paying in than those rightfully paid from their
life of earnings. These payroll tax cuts are not tax cuts – every
American pays the same income taxes they would otherwise pay.

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