Wednesday, December 16, 2015

Vesting Again and Again, It's Important



Vesting Redux

Please bear with me as I once again post the piece on the insidious use of VESTING as a means to make Government Programs permanent and unstoppable. I have come upon a quote from President Franklin D. Roosevelt during the implementation of Social Security Program that proves the charge that these programs were developed with vesting as a fundelmental and important part of their structure in order to make them unstoppable. President Roosevelt quote, to wit:
"Those taxes (Social Security payroll taxes) were never a problem of economics. They are politics all the way through. We put those payroll taxes (Social Security Taxes) there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, no dammed politician can ever scrap my Social Security Program. Those taxes aren't a matter of economics, they're straight politics."
Quote source: http://www.ssa.gov/history/Gulick.html






Why We Can’t Win At The Ballot Box








You say you want to cut Big Government down to size and regain our freedoms by using the ballot box? Good luck with that. It can’t be done and here is the reason why. VESTING.




That’s right fellow citizens, VESTING. What is vesting? Vesting is when you invest your money, time or other good and valuable resources into a program and then expect a return on your investment. Let me give you a real life example of how our elected Government uses Vesting as an insidious device to perpetuate and expand power by creating basically social programs that cannot ever be stopped or curtailed because of vesting.




Let’s take Social Security as an example and here is how it works. You start a safety net program for old age and pass a law that says you must participate in the program by paying taxes to support the program. Viola, you are now part of the program and you can’t get out without losing all of the money you have paid in even if you could. After time passes you realize that you have paid a great deal of money into the system and you then demand that the program be continued in order that you receive your fair share of what you have invested into the system. In short, you have become VESTED regardless if you wanted to be or not, and the program can never, never ever, be terminated because the citizens have become VESTED in the program.




It only gets better. The Government keeps on expanding the program (Social Security) into other areas and forces you to pay more taxes because you can’t or won’t get out of the program due to VESTING. I bet most people don’t realize that Medicare, Medicaid, Obamacare, Aid to Dependant Children, etc. were all enacted under the Social Security Act. Insidious. Now multiply all of the others program that use vesting to perpetuate themselves and you have a situation where the citizens of this country will never allow anyone to stop these programs because of VESTING. For these programs to be fair, they should include an “Op In” clause so that if you want the Government to run your healthcare or retirement, then you must Op In into the program and only you and others who Op In to pay the taxes to support the program. I am now laughing out loud! You should live so long. I’m sorry Brothers and Sisters, you can’t fix our Big Government via the ballot box, it was designed to be unstoppable.

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