Happy bidding! |
Happy bidding! |
$ It’s the government’s most popular program. $ It’s running a huge surplus. $ It disbursed $492 billion to retirees, their survivors, the disabled and orphans in 2004—47 million people in all. And very few of those were CEOs! $ It delivers money straight to those who have paid into the fund, leaving brokerage houses completely out of the loop. |
$ Right now the system pays benefits to retirees, widoweds, disabled people, and orphans. $ It is also one of the cheapest and most cost efficient government-run systems. $ BUT, there is a major flaw in all of this; Wall St. isn’t cut into the deal! $ Bid today and put Social Security on the market! It may be a gamble for the many, but it’s a sure thing for the lucky few here on Wall St – we make our comissions whether the market goes up or down! |
This could be yours! This could be you! Would make a GREAT Private School! |
Q: The system was created in a different era to handle different needs, isn’t it time we destroy it? $ In fact, at 70 years old, the system is still one of the most successful in American History! Q: Isn’t the system on the verge of failing? President Bush said so. He wouldn’t fudge the facts, would he? $ Don’t believe the rumors. Like the war in Iraq, sometimes the President has to play with the facts to sell his policies to the American People. As a possible bidder, you deserve the truth: Currently at a surplus, Social Security will only go broke if you calculate the numbers using the “infinite horizon” scale. By that same measure – making George Bush’s tax cuts for the wealthy elite permanent would cost the American People $20 trillion! Hey, that’s a good idea! President Bush’s tax cuts = $20 trillion the wealthiest 1% DON’T have to pay supporting things we don’t use like affordable health insurance, mass transit, public education, and body armor for our troops! |
$ What risk? Wall St. stands to earn as much as $279 Billion in fees in the first 10 years alone! That’s money being wasted in the pockets of the elderly and infirm too weak to go out and spend it today. |
$ Also known as transition costs transferring fees are estimated to cost an average of $4,900,000,000,000 (that’s almost $5 trillion) in the first 20 years alone! $ But don’t worry! All transition fees will be covered by the American Public! |
$ Winning bidder (to repeat, you must be a Wall St. Firm (see note below) may immediately begin charging ordinary Americans: Management fees! Service fees! Early withdrawal fees! Fees to process fees! New owners will be allowed to invent any new fees we haven’t thought of yet! |
Happy bidding! |
Happy bidding! |