Eye On Modesto

An opportunity to broaden our horizons and learn what's happening in Modesto the local media doesn't cover.

Thursday, October 13, 2011

We're in terrible shape: Divided, broke

As I reach the twilight of my life, I am witnessing the worst economic disaster in my memory. Yet, instead of this nation coming together and changing the conservative economic policies of the past 30 years that brought us to this point, what I see is a nation divided as never before.

We have a Senate that is completely inoperable due to the block votes of "no" regardless of what the bill is about. We have a national debt that has risen from less than a trillion dollars in 1980 to $3 trillion at the end of Reagan's presidency, and $11 trillion at the end of President Bush II.

I watch as Social Security is being attacked instead of being fixed. For 30 years, the money going into it has been taken and an IOU has been left, just as has been done with pensions, instead of putting the money into the account where it is being spent.

(Rick Nease / The Detroit Free Press) - Color illustration hands illegally double-dipping into the U.S. Social Security fund.

We need to eliminate the cap on who pays into that account, which is now around $90,000. There should be no cap, since there's no limit on who can draw it.

It's hard for me to believe we are all so ignorant.

CHARLIE LOCKETT
Modesto

Reproduced by the Author's permission

Posted by TownCrier at 11:23 AM
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  • ▼  2011 (306)
    • ►  10/30 - 11/06 (219)
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      • Bee Editorial Says Farmworkers don’t Deserve Overt...
      • This is a follow up to the quest for City Council ...
      • Modesto City Council Wants to give “Last Look” to ...
      • MID has been Misleading the Public About the Bio-m...
      • Comments to Dave Geer Regarding Lowering of Buildi...
      • The Modesto City Council and Reduced Developer Fees
      • The Modesto City Council and Reduced Developer Fees
      • Electric rates Might Triple..Don't Buy the Bee's Bull
      • Dr. Laura and Her Latest Rant: One Man’s Opinion
      • We're in terrible shape: Divided, broke
      • THE WRONGFUL DEATH OF RITA ELIAS
      • The Failures of MID Management
      • Separating Myth from Reality on Modesto’s Bio-mass...
      • THE LAST GOODBYE
      • Sheriff Dupes Vasche and the Bee Again Remember th...
      • WHAT WILL THEIR CHRISTMAS BE LIKE?
      • Where did the Blue Ribbon Committee originate and ...
      • My Wife “Kristin Olsen” said this would be a Good ...
      • Police Accreditation Cost Taxpayers $94,000 in the...
      • McClatchy Newspapers Gang Tricks: Editors Named in...
      • Sheriff’s Detective Kari Abbey Arrested in Shootin...
      • Kari Abbey Charged with Second Degree Murder and V...
      • “You’re Not Aware of Everything I Know” Says Sheriff
      • A Wife's Poem
      • Silly joke of the day
      • Is Bill Zoslocki Staging a Sneak Attack on Garrad ...
      • Kari Abbey Arraignment Scheduled for Today
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      • D.A. Dave Harris is Joined by D.A. Bruce Gilbert G...
      • Good old Curious Observer Mike Vanden Bosch
      • Curious about Mike Vanden Bosch?
      • D.A. Dave Harris Gets a Subpoena as He Leaves Kari...
      • Board of Supervisors Leaves onlookers Shaking Thei...
      • The Commonwealth Called the Tune, City Officials D...
      • Following Chopra Development’s Tentacles
      • Renaissance Community Services The Non-Profit that...
      • The People of Modesto Deserve a Fair Shake from Ci...
      • Detective Kari Abbey Charged With Killing Woman, G...
      • Diablo Grande embezzlement is news to sheriff
      • Insider Politics Modesto Style
      • Just for posterity's sake Kari Abbey
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