On the evening before officially stealing Congress, the repugicans launched a Koch-Wall Street attack on Social Security as a
first step in another repugican-created crisis …
It is too bad that Americans failed to heed to preponderance of warnings
that if the Koch brothers and Wall Street were successful in buying
control of Congress, that repugicans would immediately “go after the Federal government; all of it.”
Mitch McConnell’s pledge to the Koch brothers was fulfilled even before
Tuesday when repugicans officially accepted the Koch’s congressional
majority gift. There has been volumes written already about repugicans
remunerating the Kochs for the gift of a repugican congress, including
subverting the Constitution by overstepping the Executive Branch’s
authority to approve a permit for a foreign pipeline, and eliminating
healthcare for millions of Americans. However, it was revealed on
Wednesday that the evening before officially taking control of Congress,
Republicans launched a Koch-Wall Street attack on Social Security as a
first step in another Republican-created crisis; this time to hasten
privatizing Social Security for the Kochs and Wall Street.
On Monday evening before the ‘official’ theft
of Congress, the repugicans secretly included a provision in the House’s
parliamentary rules for 2015 banning Congress from shifting Social
Security Trust funds into Social Security’s disability insurance Trust.
Also, the Kochs added a brand spanking new trickle-down rule
from Ayn Rand devotee Paul Ryan that forces the once-bipartisan
Congressional Budget Office (CBO) to automatically analyze, score, and
approve huge trickle-down tax cuts for the rich as deficit reducing job
creators and a bonanza for federal revenue; like the shrub-era tax cuts
for the rich proved not to be.
Democrats complained that both the ban on
transferring funds between Social Security Trusts and the Congressional
Budget Office attacks were added to the Koch’s “broader rules package by surprise” very late Monday night before the Koch Congress was officially sworn in on Tuesday. The surprise bill
(H.R. 5) the very first action in the new Koch Congress, caught
Democrats off guard and was subsequently approved on a strictly
party-line vote. The wording in the new Koch rules say Congress is
forbidden, and out of order, to shift funds between Social Security’s
Trusts even though it was a typical procedure eleven times over the past
60 years before the Kochs owned Congress. What it means is that there
will be a 20% benefit cut in Social Security disability accounts
affecting about 11 million Americans the repugicans, Koch brothers, and
Wall Street say do not deserve any welfare; that money belongs to the
Kochs in tax cuts and Wall Street in administrative fees.
For over a year, the Social Security Administration’s actuaries called
on legislators to do what Congress has done 11 times since the 1950s
without complaint or controversy, but of course that was long before the
Kochs, repugicans, and Wall Street began calling Social Security a
Marxist welfare program for, what Willard Romney said was, America’s 47%
moocher class. The Social Security administrators projected
that if Congress did not do what it has eleven times as a matter of
course for sixty years, Social Security’s disability Trust will run out
of money even though the money is there; albeit in a different account
in name only. It is basically an accounting procedure that never drew
criticism until the Kochs and Wall Street decided “they” cannot afford
to allow Social Security to function as it was intended. Their belief is
that the Trust’s $3 trillion-plus reserves belongs to private Wall
Street bankers and not Americans who paid into Social Security
throughout their working lives.
The repugican appointed to oversee
Social Security, Sam Johnson (TX), championed the Koch’s ban on shifting
funds within the Social Security Trust and said allowing Social
Security to function as it has for over 80 years “does nothing to fix
the program. Johnson said that the new Koch “rule seeks to encourage
more much-needed reform” in Social Security instead of raising the limit
on high-income earners instead of paying nothing into Social Security.
In fact, Johnson and repugicans bemoan Social Security as a welfare
sham that is plagued with fraud.
One of the real Democrats in the Senate, Sherrod
Brown (D-OH), criticized the new Koch rule on Tuesday and reminded repugicans that shifting
Social Security funds between Social Security Trust accounts was
routine for sixty years and that, “Reallocation has never been
controversial. But detractors working to privatize Social Security will
do anything to manufacture a crisis out of a routine administrative
function rather than solve the short-term problems facing the Social
Security as we have in the past. It is obvious that repugicans want to
set the stage to cut benefits for seniors and disabled Americans.”
An advocacy group for retirees and the elderly,
Social Security Works, that opposes benefit cuts and privatizing Social
Security called the Koch-repugican strategy “hostage taking.”
Senator Elizabeth Warren (D-MA) concurred with Senator Brown and accused
Koch-repugicans of “inventing a Social Security crisis that will
threaten benefits for millions & put our most vulnerable at risk.”
Unfortunately, that is the repugican intent and now that the Kochs
delivered control of Congress into repugican hands, threatening
millions of Americans and putting the most vulnerable at risk is exactly
what is going to happen on a regular basis, and on a much grander scale
than making up rules to expedite the Koch vision for America.
The repugicans have started the 114th Congress in a
manner that makes their 2011 beginning appear to be an altruist’s dream
scenario. That they began a crusade to attack and slash Social Security,
and create a trickle-down friendly Congressional Budget Office the
night before they were officially in charge and made it effective as
their first order of business on Tuesday is a bad portent for Americans.
However, Americans were duly warned when Mitch McConnell promised the
assembled billionaires at the Koch’s strategy meeting in June (2014)
that if the Kochs delivered repugicans control of Congress, they would
make “going after the Federal government, all of it” their highest
priority, and based on their first day’s actions, it is a promise repugicans are going to see through to fruition.
No comments:
Post a Comment