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Showing posts with the label Reagan

Reagan Worked to Destroy Social Security

A directly on target remark from Atrios: " In the early 80s Uncle Alan Greenspan had a cunning plan to deal with Social Security, which was to jack up regressive payroll taxes and collect a surplus in the form of obligations from the general fund which will then be paid down as the boomers retire. The deficit scolds will claim that they essentially can't afford to pay this money back, stealing your promised retirement money." And this is exactly what they have done. Reagan's cynical plan to collect revenue without raising income taxes was to raise the taxes for social security, and then raid that money to create the illusion that his deficits (gigantic by historical standards) were smaller than they really were. This has become standard Republican practice, with the result that they can now claim that the social security system doesn't have enough money to keep its promises. The alleged social security shortfall is totally the result of this Republican th...

A Reminder About the October Surprise

And now, further news of this forgotten incident , from Consortium News: "A Russian government report, which corroborated allegations that Ronald Reagan’s presidential campaign interfered with President Jimmy Carter’s Iran-hostage negotiations in 1980, was apparently kept from the Democratic chairman of a congressional task force that investigated the charges a dozen years later." Yes, Americans, here is the truth about our "democracy:" Neither of the two "presidents" who sent our country on the road to economic, military and social disaster was actually elected in a fair election. Bush was placed in power by the greatest act of Supreme Court corruption in our nation's history, and Reagan took power through what is not a figurative, but a literal, actual act of treason. When you look about you at the open corruption of Republican elected officials, backed up by the ignorant insanity of the teabaggers, the endless parade of vicious demagogues ...