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Posted: 1:00 a.m. Monday, April 4, 2005
By Neal Boortz
| Today's Nuze: April 04, 2005 | ||
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| Monday -- April 4, 2005 I'm not Catholic, though I was raised as an Episcopalian. That, I suppose, is about as close as you get in this country. One thing, though, has become clear through this past weekend, and that is the deep and sincere feeling of loss that Catholics around the world feel at the passing of Pope John Paul II. We offer to devout Catholics everywhere our condolences.
As little as two years ago there was virtually no organized opposition to The FairTax. That is not true today. As we finish the book promoting The FairTax we are adding a chapter on rising opposition to the idea of a national retail sales tax from a few groups, one of which is the National Retail Federation. Now ... get this. The NRF is opposed to The FairTax because they're afraid that once poor people are relieved of the responsibility for paying payroll taxes for Social Security and Medicare -- and once poor people start getting 100% of their paychecks -- they may start saving money. That's right, the opposition is centered on a fear that people will actually start saving money. Craig Shearman is the Vice President for Government Relations for the National Retail Federation. Apparently he's worried. Shearman recently said: "A year ago this was an idea being touted by one obscure congressman from Georgia. Six months ago, it was an idea being touted by the majority leader of the House. Now, it's an idea that is being talked about by the president of the United States." Oh! The Humanity! For years economists have been warning us of the dangers inherent in a low savings rate among Americans, and now the NRF is here to tell us that saving some of your money, instead of spending it all, is a bad thing. The book is almost finished and we anticipate sending it to the publisher one week from today!
Go ahead. I know you'll want to read that again and again to see if the comment makes any sense at all. After you've read it a few times you'll see that it doesn't. Somehow this "Rock the Vote" myrmidon thinks that as long as the money is being taken from your paycheck and thrown into the federal government's general fund you're not paying for your own Social Security. But .. if you're allowed to invest that money --- money that still comes from the same source, your paycheck --- then you are paying for your own Social Security. This position is pure idiocy. There is only one reason this Rock The Vote idiot can make such a stupid utterance -- because he's talking to young people who have been "educated," if that is the word, in our fabulous government schools. Come on, let's face it. You really have to be profoundly ignorant to listen to a statement like that and not run away screaming. Come on, allowing someone to put their own money into a private account with their name on it is saddling them with an "unfair burden?" Diverting part of the Social Security payroll taxes into a private account
that the government can't touch is the only way to ensure that the younger
generation will have any money at retirement. As it stands now, all of the
money being paid into the system by those of working age is being spent on older
retirees. There is no money being saved, there is no retirement.
There's no special account with their name on it, there is no lockbox. 30
or 40 years down the road, there is unlikely to be anything remotely resembling
the Social Security of today waiting for those that retire. I ask you to consider the chances our nation has to survive in freedom and
liberty so long as we depend on the government to educate our children. When will Neal be in your area? Check Neal's appearance schedule. Here's the New Florida Living Will that Neal read on the air. | ||
WHAT THE HECK ARE THOSE POINTY HAND THINGS? BOORTZ BLAST NEWSLETTER
NEAL'S FANS GET TOGETHER
Belinda Skelton, Ken Rogers, Laura Nunemaker and Brian Ganey assist in the daily preparation of Nealz Nuze! |
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