Goodbye Social Security and Medicare!
Today on Yahoo! News, May 12, 2009, was an article about the future of Social Security and Medicare benefits collected from working Americans today that will eventually tap into those financial bonuses after retirement. The enormous number of 600,000 Americans losing their jobs over the past two months because of the bad economy has seriously affected the collection of Social Security and Medicare taxes. Nobody is working therefore the U.S. government can’t do what it does best; collect taxes from its hard-working American citizens. Well the Hurricane Katrina fund is exhausted and so will the financial accounts of both Social Security and Medicare; these two sources of funds will be exhausted by tomorrow before working Americans today will ever get to reap both benefits.
The government has already thought about a terrific plan that will be so simple to implement yet make Americans angry. Raise the collection of Social Security and Medicare taxes taken out of hard-working American paychecks! That is ridiculous! Why are both of these funds experiencing financial difficulties with balances close to zero dollars? Where is all the Social Security and Medicare money going? Who is it going to? What did the audit report say? Nothing, nada, the audit report is strictly confidential! What’s the point of taking out both of these taxes today if hard-working Americans won’t be able to enjoy at least a penny of it during their retirement? It’s like you’re buying a product that you’re not going to use which means it’s a waste of money! And that’s what working Americans are doing today paying their Social Security and Medicare taxes, they’re wasting their money!
But why can’t the government just “make-up” more money? They thought about doing it when Yahoo! News in February 2009 reported the economic stimulus package could go up to as much as $3T, which is abbreviated for trillion. Can you believe it? $3 trillion dollars? Where does anyone come up with that kind of money?
An interesting thought would be the time when a high ranking authority figure decided who would be lower class, middle class, and upper class by money status i.e. under $10,000 is lower class, over $50,000 but less than $100,000 is middle class and anyone whose life and owned assets are worth more than $100,000 would be upper class. It’s like going into the White House today as this same man with that same idea declaring humanity should be segregated by the amount of money they have.
This could force every household in America to homelessness and then there will be no more middle class, only upper and lower! It’s scary but the United States government has already called a plan to action, raise the collection of Social Security and Medicare taxes today! It’s like what Montano Inc. is doing to American farmers and farmers across the globe with their stupid patent laws for being the original inventor of genetically altered foods that kill lab animals and insects. Farmers use Montano’s seed to produce the crop and always end up with pennies after doing all the hard work while Montano Inc. makes off with millions making phone calls by selling and marketing the food crops to international countries for double or triple the profits.