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Politics : The Legacy of Perpetual Debt

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To: SargeK who wrote (1)5/27/2006 12:12:30 PM
From: SargeK   of 5
 
“Amnesty’ Disguised as ‘Guest Worker Program’

Letter to the Editor published May 27, 2006 in the Tyler Morning Telegraph.

>>>>CALLING ON SANITY TO STOP ‘GUEST WORKERS’

Under the not-so-cleverly disguised heading "Guest Worker Program" the Senate bill crafted this week would provide a path toward citizenship to millions of illegal aliens.The good news is the measure will go to conference where it will confront House measures that do not award citizenship to illegal aliens. Maybe sanity will prevail.

In pursuit of cheap labor the ruling class is attempting to further legitimize low wage competition to American workers.Adding more claimants to social benefits (Social Security, Supplementary Social Security, Medicare, Medicaid, Earned Income Tax Credits, Child Tax Credits, etc.) is like putting out fire with gasoline instead of water.Funds for future Social Security and Medicare beneficiaries have already been spent. Unlike capital gains, interest and dividend income, wages are taxed twice (two income taxes) at the source. The FICA tax is merged with the FIT from workers' paychecks and sent to the U.S. Treasury. IOUs are sent to the respective Trust (Slush) Funds. The cash is spent and debt in the slush funds compounds because the government is loaning money to itself.

Contact your political representatives and ask them how and who will redeem the IOUs? Instruct them to be specific in their response. Do it now!

Instead of repealing a law that provides that government may only loan money to itself, the government continues to create new laws that perpetuate legalized fraud. When will the American people wake up? A small chance still exists that another Great Depression may be avoided, but only if politicians are held accountable for decades of mischief. The chances for this are slim to none.

John T. Koraska, Tyler, Texas <<<<<<<

IF YOU agree with this article, copy it and the following link and E-Mail it to family, friends, your local paper and your representatives. DO IT NOW!http://www.zwire.com/site/news.asp?brd=1994&pag=460&dept_id=459482

For in depth articles relating to the convoluted US Tax and Welfare chaos created by poorly crafted laws, please visit my website at: debtism.com

SargeK

“Law cannot be properly evaluated by the quality of its words or intent; but, by the quality of fairness and justice found in the results produced by its application.” John Koraska January 1, 2005
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