The Policy Critic

Sunday, March 20, 2005

The Social Security Sham, more sinister than you think.

Since President Bush has a difficult time with the truth, I immediately became concerned with his “reforming” social security rhetoric. As there is always an ulterior motive with this President, I began to investigate and have concluded the president is not really concerned with Social Security, but he is willing to use it as a pretext to accomplish something more sinister.

I t does not take a financial whiz to understand that all the facts indicate a huge financial bubble is about to burst. A review of the current situation shows key economic realities as follows:

· The $7 trillion national government debt (accumulated debt over the years by the US government) is the largest debt in history of mankind, in part because of the endless war policy the President has employed by misleading the American public.

· The budget deficit (the amount by which government spending exceeds revenues) this year alone will be about $500 billion. The cost of constant wars is almost beyond human comprehension (see: http://costofwar.com/ ) and the national debt is appallingly dangerous.

· In addition to the government’s debt, the public debt is at an all-time high, with Americans mortgaged to the hilt and credit card balances at an all time high.

· The trade deficit for 2004 was $617 billion and has been breaking records every month this year. We have an enormous trade deficit because we no longer are a manufacturing nation, and therefore have very little except Weapons of Mass Destruction to sell to the world. On the other hand, we are giant consumers of goods and our needs can only be met by purchasing foreign goods. Hence the huge trade deficit, and as more and more money leaves the country, we become poorer as a nation.

· Meanwhile to further complicate things, the value of the dollar is shrinking rapidly in comparison to other currencies, while the federal government prints more paper money to pay for it's wars and its debt. As money is printed and the spending continues, the value of the currency depreciates. This brings us to a most frightening situation. Historically, the accumulated debt has been bought by foreign investors who purchase US bonds and notes. Recently however, foreign investors have watched the value of their investment shrink as the dollar shrinks, while the federal government on the other hand, can only pay it's bills by floating more loans to meet expenses. Presently many foreign investors are no longer willing to buy government bonds as the US dollar continues to lose buying power, and investors have begun to shy away from financing the American debt by purchasing bonds and notes.


· Additionally oil producing nations have been using the dollar as the means to buy and sell oil, but as their accumulated dollars continually lose value, they are beginning to question why they should use the dollar in the selling of their oil. They collect and accumulate dollars for oil sales, but then must use shrinking dollars to make purchases of products on the world market. Each time they exchange dollars for others currencies they lose money, as the dollar now is worth much less than major currencies. It is no wonder they are reluctant to trade oil in dollars.

So what does Social Security have to do with the diminishing dollar one might ask? The President has called for private accounts as a supplement to Social Security, which accomplishes two things. It lessens government expense by not requiring the government to fully subsidize Social Security, and the creation of private investment accounts will force the public to invest in stocks, and bonds. The President will argue that a percentage of the citizen’s portfolio must go to US bonds, as a hedge against risky investments. The President is hoping that his “reform” will force the public into supporting the US debt by investing in government bonds. As foreign investors retreat from using and buying dollars, someone must step forward to support the debt.

The President’s real motive behind Social Security Reform is to help prop up the enormous national debt by forcing taxpayers to purchase government bonds, as part of their private portfolio. The American public will be collecting dollars that are depreciating. So there you have it, a sinister plot of “forcing” the people into buying increasingly worthless dollars because no one else in the world will. All the while you probably thought the President really cared about Social Security.

Thursday, March 17, 2005

The Whitwashing of America

The Whitewashing of America continues with the Pentagon’s newly released “investigation” of the torture at Abu Gharib, Guantuanamo, and Afghanistan, with the committee finding that no one was culpable for the incidents save for a few low ranking soldiers. Unanswered questions that were never addressed in the “thorough investigation” need to be posed. Both Major General Taguba and Brig General Janice Karpinski in earlier testimony, referred to “foreign agents” being present while the torture was taking place. These comments were casually and slyly dismissed by the “investigators” and surprisingly when General Taguba let the cat out of the bag, while testifying before Congress, not one Congressman pressed him on what country those agents came from. Even more surprisingly, not one member of the media ever bothered to ask what foreign nation those agents represented, and why were they present?

Many Americans now buy into the administrations line that “torture” was confined to a few “bad apples”. Most of us have forgotten however that when the infamous “torture” pictures surfaced, over 1,000 of the “worst” were kept secret by the US Congress, who decided that the remaining pictures were so horrible they would not be released, for fear of their consequences in the Arab world. These pictures were never mentioned nor discussed in the "thorough investigation” by the Pentagon. Do the American people have a right to see what was done in their name, and with their money? How can the public make an informed decision regarding torture, without being allowed to see the evidence? Can a jury accurately decide guilt or innocence without seeing the evidence?

So now we have the closing of another “thorough investigation” by a government agency with an all too familiar conclusion. The last three major investigations: 1)the 9/11 investigation which tragically cost almost 3,000 American lives, 2)the “bad intelligence” investigation which lead the nation into a needless war causing over 1500 great Americans lives and 100,000 innocent Iraqis, 3) and now the torture “investigation, have closed with the same results. No one is to blame. Not one person has been fired because of 9/11 failures, not one person has been fired because of the “bad intelligence” that caused a war, and now, not one person has been fired when “torture” is rampant.

Not only are the “investigating committees” to be ridiculed for their whitewashing of the American public but more serious is the complicit media who faithfully looks the other way and never “investigates” the investigations. Media never questions the babble put forth to the American people by such committees, but merely echoes whatever the government put forward. This is truly frightening and it explains why so many Americans have abandoned major media as their source for news, and surf the web for their own truth.

The American public is left in the dark with respect to the major issues of today, but we are all experts and extremely well informed on such trivial issues as the Michael Jackson and the Lacy Peterson trials. One must ask, is this media attention to the mundane and insignificant an intentional diversion from the real issues of the day by a complicit press? Is the American public aware that all media outlets in this nation are now controlled by seven giant corporate conglomerates?

Perhaps before attempting to make the “world” more democratic, we might concentrate on making our own nation more democratic. Concepts such as a “free and uncontrolled” press, and the right of the people to “know”, are essential for the survival of democracy. Secrecy and government cover-ups are incongruous with the concept of “Democracy”, and when secrecy prevails, democracy fails. This nation is at its most critical point in its history and our fear should not be focused on the external “terrorists”, but on the “terrorists” from within.

Thursday, March 10, 2005

Presidential Logic??

The President insists that Democracy cannot flourish with Syrian forces occupying that nation.

Are we not in violation of the President’s own logic by having 150, 000 troops next door in Iraq? If Syria is wrong for having 14,000 troops in Lebanon, isn't the US wrong for having 150,000 troops in Iraq? Adjacent to Lebanon, the illegal Israeli occupation of Palestinian lands has now gone on for 37 years? Can democracy flourish in Iraq while occupied by 150,000 foreign troops, or can democracy flourish in Palestinian lands while illegally occupied by Israeli forces? Why is Syria wrong for its occupation, while the US and Israel are not?

If the President would follow his own logic and withdraw every last soldier from Iraq, and Israel would also withdrew its forces from occupied Palestinian lands, while Syria withdraws from Lebanon, the President and I would finally be in agreement.

Sunday, March 06, 2005

Current events quiz


What two nations are most threatened by “terrorists” and terrorist attacks?

What two nations are present day “Occupiers”?

What two nations have illegally invaded another nation?

What two nations have disregarded the UN??

What two nations have resorted to “torturing”, and have been condemned by Human Rights groups??

What two nations pride themselves in being “Democratic”?

What two nations have imprisoned over 10,000 occupied people respectively, while attempting to put down insurgents who oppose the “occupations”??

What two nations are the world’s greatest nuclear powers but are willing to bomb or threaten anyone else who might attempt to gain one nuclear weapon??

What two nations have used the tactic of the “black hood” for their prisoners??

Which two nations refused to sign and participate in the International Criminal Court; a court designed to prosecute war criminals, people who commit genocide, and crimes against humanity??

Which two nations have signed a treaty with one another that mutually protects one another to be free of prosecution from the International Criminal Court at The Hague??

Which two countries pushing the hardest for the end to Syrian”occupation” of Lebanon, are “occupiers” themselves?