When he passed away, it was very rough for any number of reasons; however, I did not have to worry about how the bills would be paid or that I might have to give up our home. And that is before you include the life insurance policies.
So they could decide to slash Social Security benefits tomorrow and it really would not impact me to any large degree.
And for some people, that realization means you no longer think about it. For others, that means we realize we are lucky and that not everyone is so fortunate. They may have "played by the rules," as former President Bill Clinton liked to say, and still end up in trouble. (And he would be the first to agree that could happen to anyone.) I have a number of friends who would be very hurt if benefits were cut.
And I have children and grandchildren who are going to grow to an old age one day and will need the safety net as well. That is what it is, a safety net. Because you can invest everything you have -- if you have it to invest -- in Wall Street's stock market and still end up a victim of a tumbling market.
That is reality.
But Wall Street eyes the monies that go to Social Security and they get greedy and lustful. "What if we had that money to play with?" Hence the attacks on Social Security -- which never seem to end.
This is from NOW's "Stop the Stealth Attack on Social Security:"
The National Commission on Fiscal Responsibility and Reform is moving under cover of darkness to recover the billions spent on Wall Street bailouts, tax breaks for the wealthiest and unfunded wars. How? By cutting benefits under the Social Security, Medicare and Medicaid programs. President Obama created the commission to review the country's budget deficit but recklessly also gave the body authority to consider Social Security and other entitlement programs.
The commission is stacked with people who are hostile to Social Security and/or indifferent to the devastating effect cuts would have on millions of middle-class people, especially women. Congress can stop this runaway train, but only if there is the political will to do it. During this August break, we need to demand promises from every member of the House and Senate that they will do whatever it takes to prevent any cuts to Social Security -- including raising the retirement age and privatization.
Take action NOW!
So take action and get the word out. C.I. warned you in January 2009 when Barack Obama spoke to The Washington Post editorial board that Mr. Obama planned to gut Social Security. As is so often the case, C.I. has been proven right.
This is from C.I.'s "Iraq snapshot" for today: