The media won't tell the truth about Social Security....

[LTRS]

... and the dems apparently don't have enough spine to do it.

Bush's massive tax cut and Reagan's before him not only led to the largest deficits in our history, they also led to massive IOUs to the Social Security Trust fund -- because decreased tax revenues led to spending money borrowed from the trust fund. These IOUs are in the form of US treasury bonds -- the same sort of bonds purchased by foreign investors and governments that finance trillions in debt our republican friends love to run up.

Issue 1: When Bush and republicans say that Social Security will pay out more than it takes in starting in 2018 and therefor we can't sustain it, what he really means is that the USA is prepared to default on trillions in debt. And when foreign investors / governments see that US treasury bonds won't be paid back, the economy will collapse because those bonds will not be worth the paper they are printed on.

Issue 2: Bush's 1.8 trillion tax cut to the wealthiest Americans will result in 1.8 trillion in SS tax money being spent on non-SSI spending over the same 10 yr period as the tax cut -- "borrowed" from SS trust fund, and financed with Treasury bonds as the IOU. And remember, he is now saying we can't afford to pay it back. In essence then, the republican plan is for your SS tax dollars (FICA) to be collected in order to finance a tax cut for the wealthy.

Now that, ladies and gentleman, is the most overt redistribution of wealth scheme, from the poorest to the wealthiest, that this country has ever seen.

The media won't call it out because they are NOT the liberal media --they are the conservative, republican media. But why oh why won't our own party members and legislators stand up and proclaim these truths?

Instead they half heartedly proclaim that Bush is destroying social security. Well, yes, that is what he is trying to do, but the actual methodology is much more sinister than that. Will we EVER have decent standard bearers for our message? I await the day.

[Coastie for Truth]

1. The MSM that carries Paul Krugman, Bob Herbert, and EJ Dione

are giving a passably decent view.

[LTRS]

2. Unfortunately those are opinion columnists....

and what we are dealing with here are facts. I would like to see actual news articles reflect these facts. And they aren't going to unless its in the form of our legislators speaking them to the media. And they aren't doing that.

And if they won't do that not only are they missing the biggest opportunity in decades for a dem win on a major policy issue, (and one that could result in the republican house of card finally falling) they are letting this debate be framed by (and in the usual lies of)the republican party.

[Coastie for Truth]

3. The Krugman-Dione-Herbert newspapers are a

shade more fair on the facts.

But that's why I read DU and the LBN pages.

[LTRS]

4. Unfortunately it isn't YOU who needs to be educated