ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Are Republican Voters Really Okay Losing Their Social Security Benefits?

Updated on July 20, 2015

"The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse."

James Madison

How Much Have You Already Sacrificed?

Because I don't know you, I cannot speak to your current financial condition, but I can speak for myself and for millions of retired Americans who lost their life savings at the end of 2008 when we bailed out the banks and a few of the mega corporations. Our government did not rush to help the average retired citizen who had literally put thousands and thousands of dollars out of each paycheck into taxes, retirement savings and into Social Security over a very long career. What they did was vote to give an unlimited amount of our hard earned tax money to the banks and large corporations. It did not matter that they had abused their huge wealth and power and had taken enormous, unwarranted risks with their clients' money and their own because their judgment was based on greed instead of sound investment principles.

After allowing this robbery of our precious savings, these banks' executives went on to give themselves huge bonuses on our backs. They raised interest rates on credit cards, they used the money to buy each other out and they made credit almost unavailable to those who wanted to purchase a home, after already decimating the real estate market. In the first year alone, over 4 million Americans lost their homes to bank foreclosures. Millions more lost their jobs and their savings. Poverty in America grew to an astonishing 1 in 6 people. Our legislators voted to place a few puny restrictions on banks. But Citicorp was able to add verbiage to recent critical budget legislation giving banks power to undo the meager restrictions currently imposed.

Now, our newly elected Republican Senate has decided that those of us who are retired can do with less. We can sacrifice our Social Security and Medicare benefits so that the super wealthy and the mega corporations can pay less in taxes. So...If you vote Republican or Tea Party in the future, you are giving them your permission to take away your hard earned money. Are you really willing to sacrifice what they haven't already taken away and given to those who do not need it?

Comments

    0 of 8192 characters used
    Post Comment

    • CreatePerfection profile imageAUTHOR

      CreatePerfection 

      3 years ago from Beautiful Colorado

      With a big sigh, I say you are right as always. Thank you for your kindness in reading what I write.

      Blessings,

      Lela

    • aviannovice profile image

      Deb Hirt 

      3 years ago from Stillwater, OK

      No matter what you do, the rich always get richer, and the poor always get poorer.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)