The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
Caption Contest: Enter Today!
Due: July 29, 2008
The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
A WILLisms.com(ic), by Ken McCracken
July 14, 2006
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Social Security Reform Thursday: Week Fifty-Six -- Shocking New Social Security Development.
Thursdays are good days for reform, because they fall between Wednesdays and Fridays. Just because the status quo'ers got their way in 2005 does not mean the problem has gone away. Indeed, it's getting worse with each passing day. Thus, Reform Thursday continues.
That's why WILLisms.com offers a chart or graph, every Thursday, pertinent to Social Security reform.
This week's topic:
Big Brother Government.
This week, a lot of ink-- and pixels-- have been spilled discussing the NSA's database of American phone calls. This is news? And somehow outrageous?
Rich Noyes of NewsBusters put it well:
...the program seems like a thoroughly innocuous database of the same information that appears on your phone bill, but with your name, address and other personal information removed. Given that another government agency — the IRS — maintains information on American citizens’ employment, banking, investments, mortgages, charitable contributions and even any declared medical expenses, this hardly seems like a major assault on personal liberty.
Let's talk Big Brother.
According to the Social Security Administration, during the past year, an estimated 159 million people had earnings covered by Social Security and paid payroll taxes.
One hundred fifty-nine million Americans had 1 out of every 8 dollar they earned mandatorily confiscated by Big Brother and set aside for decades-- ostensibly for retirement. That money then earns an increasingly lousy rate of return:
And that's only what it'll be if Social Security magically remains solvent over the next few decades.
It looks even worse if we admit that, without major reform, Social Security will not be able to pay what is currently promised.
Think about what Social Security is. It's a government-run pyramid scheme.
In order to calculate your retirement benefits, Big Brother tracks your earnings (and where you work) throughout your entire working life.
Sure, this is hardly a bombshell revelation. But neither is the NSA's phone call database. Imagine if our media hyped the need for entitlement reform the way they currently push the Big Brother angle on the NSA terrorist surveillance program.
Previous Reform Thursday graphics can be seen here:
-Week One (Costs Exceed Revenues).
Tune into WILLisms.com each Thursday for more important graphical data supporting Social Security reform.
Posted by Will Franklin · 11 May 2006 09:06 PM
That is one thing I've never quite understood about the so-called civil libertarians: they never seem to be bothered by the amount of information that the IRS keeps on average citizens, nor some of the tactics it uses to harrass ordinary citizens.
Yet, if someone puts the Ten Commandments or a manger scene on public property...
Posted by: Jason at May 12, 2006 10:57 AM