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YUMMMMY! S4 Cookie Jar Award
October 25th 03:45:38 PM
Shawn McCoy, S4's Outreach Director and campus chapter leader for Notre Dame was recently in DC and met with Congressman Chocola, from the 2nd district in Indiana, the district where Notre Dame is located. Representative Chocola is a member of the influential House Ways and Means committee and is also a supporter of Social Security reform, believing that a good initial step in the process would be to pass legislation for GROW accounts.
The Representative was presented with one of our delicious S4 Cookie Jars. It is an S4 way of thanking him for working to stop the raid on the Social Security 'cookie jar'. We want to encourage members of Congress to raid the cookie jar as much as they want, just not the trust fund!!
It is our goal to recognize and thank leaders who are already trying to stop the raid, while at the same time, encourage leaders who have not stepped up, to take action on the issue of Social Security reform.
Posted by Evan Dent
Comments
I have written a book that I think all members of S4 could benefit from reading. It is entitled: "FOOL'S GOLD--Social Security/Medicare Trust Funds: How Politicians Have Deceived America." I account for every dollar that has ever come into, and gone out of, both the Social Security and Medicare programs. I also show how most of each year's published Social Security surplus is nothing but accounting vapor, and never existed except at the point of a government accountant's pencil! I know you probably think that means, as you no doubt have heard and read many times, that Congress always spends each year's Social Security surplus. That is not what it means at all.
Let's look at FY 2005 to see what it really means. The published Social Security (SS) surplus, in the recently released "Final Monthly Treasury Report" for FY 2005, is depicted as being $175.264 billion. Of this amount, only $54.115 billion represents actual surplus payroll tax dollars for the year. The rest consists totally of dual accounting entries that cancel out, and thus are not real money. Congress simply cannot spend what does not exist!
This spills over to the national debt also. I can, and do in the book, explain all of this plus much, much more.
You can preview the book at: www.denttalksocsec.com. It is published by AuthorHouse. I think it would add immeasurably to your ability to counter opponents of change and reform in both the Social Security and Medicare systems.
Roy V. Dent
Author, "Fool's Gold"
Posted by Roy Dent on October 26th 03:07:36 PM
Thanks Roy, we'll check it out.
Posted by Jeremy on October 26th 03:28:59 PM
The entire Socialist Insecurity "Trust Fund" represents the total surplus of SS payroll taxes pissed away every year by congress and thus is not "real money".
Posted by Noid on October 28th 04:50:40 PM
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