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Bachmann called Social Security ‘a tremendous fraud’?

12 Sep

Well what do you know? Republican Tea Party (GOTP) used-to-be darling Michele “Krazy” Bachmann, said just last year that younger workers should be “weaned off” Social Security, and that it’s “a tremendous fraud” and anyone who ran a business modeled after the program would be “thrown in jail.”

“It’s a tremendous fraud,” Krazy told Fox Business host David Asman after he called the program “one of the biggest frauds ever perpetrated on the American public.”

“No company could get away with this, they’d be thrown in jail if they ever tried to do what the federal government did with people’s Social Security money,” Krazy claimed. “What we need to do very quickly is take the money that is coming in for Social Security, and truly lock it up so that we aren’t putting it out the door anymore.”

Wow, you mean like you voted to do during the Bush/Cheney years Congresswoman? Like the many times you voted to help spend billions in Iraq and Afghanistan? Where’d you think the money was coming from, besides out of thin air?

“Michele was referring to the fraud being the federal government who has stolen money out of the social security trust fund. People have the illusion that their money is safe in a vault somewhere, but the money is being spent on big government programs,” Stewart told The Ticket in an e-mail. “Michele will protect Social Security because the government should keep its promise to those who have paid into the system.”

Well, maybe Mr. Stewart, but Bachmann has called Social Security a “criminal fraud”, and has proposed changing the eligibility age for Social Security, reducing or eliminating the program for high-income people, and privatizing the program for younger workers by giving them individual accounts similar to a 401k.

Bachmann likes to say that Social Security should not be changed for those who have paid into the system their entire lives, and that older workers and retirees should remain within the current system. For everyone else, she thinks they should be “weaned off” the program’s current structure and said, “we just have to be straight with people.”

“[W]hat you have to do is keep faith with the people that are already in the system, that don’t have any other options, we have to keep faith with them,” Krazy has whined. “But basically what we have to do is wean everybody else off. And wean everybody off because we have to take those unfunded net liabilities off our bank sheet, we can’t do it. So we just have to be straight with people.”

Here’s an idea, how about Michele and company (GOTP House) increase the tax on every single penny everyone makes, making your rich buddies pay for Social Security on all their income instead of the first $140,000 or so. That would probably make up any difference we the people are lacking, and keep the program solvent until the population swings again to more people paying in than taking out.

Bachmann is done; you can stick her with a fork. All the “krazy” talk had caught up to her, as well as Ricky Perry entering the race, and voters are beginning to see that she just isn’t presidential, much less congressional material.

Turn out the lights the party’s over they say that all good things must end …

 
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Posted by on September 12, 2011 in 2012 Election

 

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