Monday, 28 July 2014

Loose Ends, and Loose Cannons

    As we prepare to leave to-morrow before the dawn's early light, it becomes an urgency that El Gringo Viejo cover and re-cover some important topics.
     The first, concerning this "immigration" thing, is that it has nothing to do with immigration.  The entire tragi-comedic nightmare is a clumsy and blunt effort on the part of the Obamatrons (and the least player among the actors, Obama himself) to identify people they know to be sub-human and who will do the most damage to America by having their presence made permanent in the middle of America.
      Mind you, it is not our opinion as conservatives that the people of Central America are sub-human, but to sophisticated progressives who are content in the knowledge of their own intellectual superiority....general superiority to everyone, to be sure...they know the Central Americans (a) all look alike, and (b) are hopelessly stupid, and (c) will assist in breaking the bank of the Gringos when they latch onto the "safety net" of perpetual, multigenerational welfare.
     All socialists and progressive know that the barnacles and parasites who glob onto the public assistance programmes provided by the central government of the United States and various of the 57 States that compose the federation produce 90% of the social and medical problems in the country.  The more there are, the better for the purposes of the socialists and progressives.  It allows for the continued making of proposals that are aimed to cure the problems created by the last programme that was meant to cure the problems.  The more absurd the proposal, and the more expensive, the better.   How about one billion dollars to have a National Midnight Basketball League?   That way, three years later, we can have a National Grief Counsellor and Violence Intervention Department exclusively dedicated to the out-break of shootings at late night and early morning basketball games.   After all, because of racism on the part of the Republicans this long-standing problem has never received the funding needed in order to be effective.
    Actual solution to the problem?   Have children who are disciplined by a father, and who are instilled with a catechism, be it Orthodox, Protestant, or Hebrew....and enforce the rules of that catechism by the hand of the father.  No father?  Treyvon.   Paint Treyvon as a victim in the "demagogue community" and produce more Treyvons.
     Purpose?  To cure problems and make things better?  No, the purpose is to always keep a wedge issue to resuscitate in order to drive the low-information and low-intelligence voters to the polls.   Reproductive Rights!!  Equal Pay for Equal Work!!  War on Women!!!   And of course propose remedies that will aggravate the problem so as to have something even worse to blame on the Republicans.
    We remember when George W. Bush declared in his fourth State of the Union address that he wanted to partially privatised the Social Security System.  He suggested that the Democrats had opposed the move in spite of the fact that it would enhance retirement options.  When he referred to that setback, the Democrat side of the audience went crazy with cheering and applause....and the only thing they could possibly have been cheering was the fact that they had kept the people in bondage to a Ponzi Scheme.   Were the Social Security System to be operated out of a barber shop on the edge of the Pasadena - Houston city limits, everybody working at the barber shop would  be making license plates before the end of the year, somewhere near the TDC complex in Huntsville, Texas.
     Please review this, sent from the Arctic portions of the Republic of Texas by El Zorro:

Press Release:

Monday, July 28, 2014
For Immediate Release
LaVenia J. LaVelle, Press

Social Security Board of Trustees: No Change in Projected Year of
Trust Fund Reserve Depletion

Print Version
The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected to become depleted in 2033, unchanged from last year, with 77 per cent of benefits still payable at that time. The DI Trust Fund will become depleted in 2016, also unchanged from last year's estimate, with 81 per cent of benefits still payable.
In the 2014 Annual Report to Congress, the Trustees announced:
  • The combined trust fund reserves are still growing and will continue to do so through 2019. Beginning with 2020, the cost of the program is projected to exceed income.
  • The projected point at which the combined trust fund reserves will become depleted, if Congress does not act before then, comes in 2033 – the same as projected last year. At that time, there will be sufficient income coming in to pay 77 per cent of scheduled benefits.
  • The projected actuarial deficit over the 75-year long-range period is 2.88 per cent of taxable payroll -- 0.16 percentage point larger than in last year's report.
"The projected depletion dates of the Social Security Trust Funds have not changed, and three-fourths of benefits would still be payable after depletion.  But the fact remains that Congress can ensure the long-term solvency of this vital program by taking action," said Carolyn W. Colvin, Acting Commissioner of Social Security.  "The Disability Insurance Trust Fund's projected depletion year remains 2016, and legislative action is needed as soon as possible to address this financial imbalance."
Other highlights of the Trustees Report include:
  • Income including interest to the combined OASDI Trust Funds amounted to $855 billion in 2013. ($726 billion in net contributions, $21 billion from taxation of benefits, $103 billion in interest, and $5 billion in reimbursements from the General Fund of the Treasury—almost exclusively resulting from the 2012 payroll tax legislation)
  • Total expenditures from the combined OASDI Trust Funds amounted to $823 billion in 2013. 
  • Non-interest income fell below program costs in 2010 for the first time since 1983. Program costs are projected to exceed non-interest income throughout the remainder of the 75-year period.
  • The asset reserves of the combined OASDI Trust Funds increased by $32 billion in 2013 to a total of $2.76 trillion.
  • During 2013, an estimated 163 million people had earnings covered by Social Security and paid payroll taxes.
  • Social Security paid benefits of $812 billion in calendar year 2013. There were about 58 million beneficiaries at the end of the calendar year. 
  • The cost of $6.2 billion to administer the program in 2013 was a very low 0.7 per cent of total expenditures.
  • The combined Trust Fund asset reserves earned interest at an effective annual rate of 3.8 per cent in 2013.
The Board of Trustees is comprised of six members. Four serve by virtue of their positions with the federal government: Jacob J. Lew, Secretary of the Treasury and Managing Trustee; Carolyn W. Colvin, Acting Commissioner of Social Security; Sylvia M. Burwell, Secretary of Health and Human Services; and Thomas E. Perez, Secretary of Labour. The two public trustees are Charles P. Blahous III and Robert D. Reischauer.
The 2014 Trustees Report will be posted at on Monday.
# # #

And then, we have more.  And it's FREE!

     We propose that the Social Security Administration be essentially turned into an operation similar or identical to the Texas State Teachers' Retirement System...and the Texas State Employees' Retirement System.  This system essentially has a process by which the employees actually own their accounts.  The member dies, the account remains in his/her estate, and is distributed according to standard probate, and according to certain relatively simple conditions, and according to previously arranged covenants between the  Texas Retirement Sytems and the participants.
    Yes.  We mean to turn the retirement set-asides that the employees pay into and own in their own name.....into a truly self-owned system like Texas has.  We would urge a programme by which people could choose a bit of an expanded investment system...a little more adventurous that what is presently used, by permitting ultra-conservative, moderately conservative, to standard conservative investment alternative for the money left in the system by the citizen.
     Should Texas wind up being able to re-establish itself as a free-standing Republic, it would be interesting to try to recover some of the money that was put into the supposedly sacrosanct Social Security Trust Fund, contributed by Texans.  That is one of the differences between the Texas System and the Central Government System in Washington, D.C.   The money in the Texas Retirement System cannot be mingled in any way with the general fund.  The entire amount is literally owned by each individual participant.

El Zorro opines thusly, concerning the Fifth Amendment and the need to make bold statements and proposals to truly and radically return the American Republic to the Old Regimen.  To think, that when the 19th Century changed into the 20th Century, the United States central government would borrow money from wealthy individuals for the purpose of short-term financing of the central government's activities during a pinch.
     Now, in these days, the extremely wealthy serve only to fund the Democrat Party and for those who do not fund the American National Socialist Democratic Workers' Party....the wealthy serve as whipping boys/girls to denigrate and ridicule as uncaring Scrooges.

Many of us are meaning what we say when we talk about taking the useless spending part of the central government to the Sanitary Landfill.  El Zorro suggests, something moderate by my standards, but certainly radical and necessary.
To Wit:

The Fifth Amendment is huge and the more information made simple (“Fifth Amendment for Dummies”) is one of the most important issues to keep fresh.
I am not sure what you are saying about the SSA.  What I picked out was a newsletter I get, a sub-topic of other VA issues I subscribe to.  It is what we know it to be… that it will be broke and fixing or replacing should be a high priority to a conservative administration.
The platform that will win includes:
1.) Rebuilding of US Armed forces to higher than previous highest levels
2.) Complete repeal of the ACA
3.) Abolishment of the IRS
4.) Privatization of the VA
5.) Abolishment of Dept. of HHS
6.) Abolishment of Dept. of Homeland Security
7.) Abolishment of EPA
8.) Abolishment of NLRB
9.) Close the Border
10.) Fifth Amendment
These are somewhat in order of priority in consideration of level of effort, time to complete, and hierarchy of process.
Other issues can be considered but the more issues the less attention each gets.
Que tengas buen viaje.
Time to make supper, the boss just arrived!