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Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Thursday, March 24, 2011

One Per Centers and Social Security

Recently, I viewed an AARP commercial touting the generational continuity of the Social Security system. I then thought of how President George W. “Stinky” Bush wanted to invest Social Security capital into the stock market in order to maximize gains. At the time I thought this a terrible idea and time has proved me right. I felt then that the one per centers were trying to get their hands on our money and then grab it during the next stock market crash. The crash happened and many lost a great deal and it must be assumed that a few on the top profited greatly.

Americans should never allow Social Security funds to be invested in the market, as it is too vulnerable to manipulation and thievery.

Wednesday, January 5, 2011

To the Barricades

There is an article in the San Francisco Chronicle today that tells of colleges and universities that are offering older, tenured professors cash to retire. The average pay of a tenured professor is $117,000 and replacement instructors earn $52,500. These teachers actually seem to make out pretty well as they may get up to two years pay and their pension to leave their jobs. There are many more workers who are cut loose without anything or are suffering a reduction in hours as a sacrifice on the altar of corporate profits. This, along with the trend to make Social Security available at later and later dates, is going to make many in their fifties and sixties a permanent underclass. It is time for revolt.