That's why Republican sharks have been pushing a "payroll tax holiday" for YEARS....as a
poison pill that will lead to the
destruction of Social Security as viable and public.
That's why the most outspoken enemies of Social Security - - - Dick Armey's
Freedom Works, the neoconservative
American Enterprise Institute, former Republican Senate Leader
Trent Lott, and
Mitch McConnell himself - - - have been unsuccessfully trying to peddle a "payroll tax holiday" or cut, for years.
Republicans want American workers pawn their retirement for a shiny trinket.
The Republican right wing is keeping their eye on the prize they have long coveted - - - the
privatization of Social Security:When the
Koch Brother's funded
Cato Institute praised Trent Lott's proposed payroll tax cut back in 2001, they even did so on a page dedicated to their "Project for Social Security Choice" privatization scheme. commenting that such a plan could "could show how the transition to individual accounts could be financed".
That's why
Grover Norquist told National Review Online that the deal is
“a much bigger victory than people see” for the Republicans.
The amazing thing is that Obama has the gall to claim giving Republicans a "two-fer" --- both the SS destroying "payroll tax holiday" they have been seeking for years, AS WELL AS the billionaire tax bailout - - - is a "compromise". And that Robert Gibbs with a straight face circulates a
chart falsely listing the "payroll tax holiday" as a concession "We Got" rather than something we gave up.
Someone clearly thinks we have the mentality of payday loan borrowers.
They think we are so myopic and imprudent that
we can be distracted by the high-calorie junk food of a payroll tax cut, while they steal the red meat of our retirement benefits: - - - benefits which
we have paid and funded with decades of our sweat, building up a $3 trillion surplus...
- - - A surplus, invested in U. S. Treasury Bonds, currently sufficient to fully fund payments through 2037...
- - - Bonds that have allowed Republicans to fund multiple wars and corporate welfare while simultaneously slashing tax rates for the uber-wealthy...
- - - Bonds that are there to fund the retirement benefits workers have earned with our contributions...
- - - Funded obligations Republicans
don't EVER want to honor.The Republicans, now aided by a complicit, Wall Street dominated White House, plan to take on the role of Payday Loan scammer, trusting working and middle class Americans to accept the role of gullible, compliant suckers.
They think we will fall for anything that's shiny.
Republicans are betting on their belief that we are fools who will remain passive forever.
The contempt of the enemies of Social Security for all working Americans, not only the Democratic base, is palpable.
That the administration we worked to elect is complicit is simply beyond words.
:kick: