Financial Resource

replace them with lower paid foreign workers, that Americans have been hurt (and big businesses have benefited, in the short term at least, by having lower costs and greater profits).

However, it’s unclear whether this could be considered criminal or not, because I am unaware of whether the elite who signed the agreements knew that a result would be that big business would benefit at the direct cost to Americans.

So, I’ve outlined direct and indirect theft from the middle class having occurred in the areas of gasoline, higher overall retail prices, home mortgages and the stock market.

Where else can criminals find money to steal?  How many other potential areas are there?  Aren’t there fewer assets remaining to steal? Yes, there are fewer. Criminals may need to start looking in other areas.

Which brings me to my next topic.

IS THEFT OF SOCIAL SECURITY COMING?

Social Security is an asset that Americans are supposed to be guaranteed to receive upon retirement.  Is it possible that wealthy criminals and elements of the US government have been plotting to attempt to steal at least a portion of Social Security funds from Americans?

After having my recent “a-ha” moment, this is a big worry of mine.  I do believe it’s plausible that the government will attempt to enact laws that will result in future Social Security payments being lowered.

Why?  Because the deficit and debt are out of control, and the government might need to lower costs (which can be achieved by lowering Social Security payments) in order to pay down government debt and avoid default.

Now, if the government does do this, it doesn’t necessarily mean that the action is theft from the American people.  I would argue that it’s only theft if some people have plotted this course intentionally, as a means to eventually unfairly take money from Americans.

The following is an analysis meant to outline whether it’s plausible that a plot has been in place.  It is not meant to suggest that it’s likely that a plot actually is in existence.  It’s simply an attempt to provide a hypothesis that would connect the dots between things that have occurred.

Is it plausible that there’s a plan in motion to steal Americans’ Social Security? Yes. Consider the following:

The debt has been increasing rapidly since at least 1970.  In recent decades, it appears that the debt has been doubling approximately every 7 to 14 years:

1970: 1,038.3 million

1977: 2,030.1     (7 yrs to double)

1984: 3,930.9     (7 yrs to double)

1996: 7,838.5     (12 yrs to double)

2010: 14,623.9   (14+ yrs to double)

You may be shocked to see that the rate of the increase under Clinton and George W Bush actually decreased versus earlier decades! (A further analysis would be needed to determine how much interest rate variation played in the slowing rate).

It’s possible that elites have been plotting to raise the debt for a very long time, with the specific intent of using the debt as an excuse to pass legislation that reduces social security payments in order to pay down the debt.

If there has indeed been such a plot, it’s unclear when it would’ve started.  Although the debt increased massively under Reagan, perhaps it was done with the main intent to purchase arms and win the Cold War.  Notably, Clinton actually reversed deficits in his final years, but the debt still rose from 6667.4 to 10,286.2 during his terms (some of that was due to interest on the debt, it wasn’t all from annual deficits).

That leaves us with George W. Bush and Obama.  Could a Social Security plot have started with Bush and continued with Obama, given that Bush was the one who reversed the Clinton annual budget surplus? It’s plausible, given the other criminal actions that accelerated (but may not have originated) under Bush’s watch (I’m referring to stock market and housing market crimes).

And as for Obama…well, just read this expose of mine and you’ll see that he is hardly an honest individual.  It wouldn’t be surprising if he was involved in an attempt to effectively steal Social Security payments.

To be fair, I believe that George W Bush, at one point during his terms, stressed the need for Social Security reform.  If there is a Social Security plot, perhaps this was simply lip service from Bush, knowing that Congress wouldn’t act…or perhaps Bush wasn’t involved, perhaps members of Congress are involved in a plot…or perhaps lobbyists and elites behind the scenes simply use politicians as puppets.

Although the rate of debt increase slowed under George W Bush, that doesn’t necessarily mean that he wasn’t aware of or part of a plot.  The debt increase could’ve slowed for many reasons:  trying to appear to placate the public; lower interest rates post Sep 11, and other reasons.

Some might argue that it’s not realistic to believe that elites could continue a plot for decades.  I disagree.  I’m not saying it’s probable, just realistic.

Also, not every President/Congress would’ve had to be in cahoots.  It’s entirely possible that Reagan increased the debt out of genuine concern for national security (by spending on the military); we know Clinton attempted to begin decreasing the debt; which leaves Bush.  Again, perhaps a plot started with Bush.

Also, wealthy big business has been basically influencing Congress for decades, and they could’ve easily discovered a Social Security plot decades ago and kept supporting candidates who backed them.  The Federal Reserve, which is actually privately, not governmentally owned (!), has been around since the early 20th century.

It would be interesting to see if a rapid increase in the debt occurred soon after Social Security was first created. 

GOVERNMENT UNWILLINGNESS TO PAY DOWN DEBT

Are there any other reasons that suggest that elites may be plotting to run up the debt as an excuse to taken money from Social Security?

Well, how about this: the fact that the debt has been massive for years, yet Congress is unwilling to pass legislation that will reduce government spending!  What does Congress expect the eventual outcome of the debt increase to be?  Eventually there may be a breaking point, a point when the currency may inflate rapidly, dropping the value of the US dollar, a point where the government may default on their debt, a point where lenders stop lending to the US, a point where the US can’t even make the interest payments!

Now, perhaps Congress actually intends to default on their debt.  Perhaps they feel that the extremely harmful effect default would have on the US economy is outweighed by the benefits that the US will enjoy by defaulting on their debt:  not repaying the debt! (Which means they borrowed money to buy things but don’t pay it back!)

Perhaps this would also explain another curious government policy, their curious lack of action in punishing China (which could easily be achieved by taxing imports from China) for pegging and devaluing their currency to the point that Chinese goods are so cheap to Americans (and American goods are so expensive to the Chinese) that Americans buy much more from the Chinese than they sell to the Chinese.

This is a MASSIVE transfer of wealth that’s been occurring annually. It’s direct theft of Americans by the Chinese. That’s simply what it is! (It’s theft because the Chinese don’t let a fair market determine the dollar/yuan exchange rate, they set the rate at a level that’s advantageous to themselves).

Perhaps Congress intends on paying back the Chinese by saying:  “You fucked us for many years, now we’re going to get the last laugh…we’re not paying you back any of the money you’ve lent us over the years, money we’ve had to borrow from you because you’ve been stealing our money through currency manipulation”.

So, it’s definitely plausible that there hasn’t been a plot by Congress to run up the debt in order to justify stealing Social Security from Americans; they may intend to run up the debt so they can default on it, or they may be running it up as a result of simple incompetence (unlikely) or as a result of excessive spending resulting from kickbacks to politicians in the form of “pork” spending.

But it’s still plausible that there’s a Social Security plot.  Let’s investigate it further.

WHY WOULD THE WEALTHY BENEFIT FROM SOCIAL SECURITY REDUCTIONS?

Because it means that they don’t have to pay as much towards the debt themselves!  (After all, in 2008 the top 10% of income earners paid 69.94% of all income taxes paid!)  If the time comes that a serious effort is made to pay down the debt, the only place the money can come from is the wealthy and the corporations!  Nobody else has enough money to make as significant a dent in the debt!  In 2008, the top 25% of income earners paid 86.34% of the total income taxes paid!

So, by reducing Social Security and using that money to instead pay down the debt, it means the wealthy no longer have as much debt to pay themselves!  If there’s been a plot to do this intentionally, then it’s direct theft from the American people!  In effect, this plot would reduce the progressive income tax rates that higher income earners are supposed to earn, because the burden of paying down the debt suddenly shifts a bit closer to the non-wealthy! Pretty clever way to appear to be paying those high income tax rates!

Now, it’s true that if Social Security payments are lowered, the wealthy would have their Social Security payments lowered too.  But that’s a small sacrifice, versus the relatively huge benefit gained by their not having to pay down the debt!

In fact, the wealthy have

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