Tuesday, September 7, 2010

Letter to Wall Street Journal quoting FDR on federal spending

Chicago AM Tuesday 7 September 2010

Editors, The Wall Street Journal


The Wall Street Journal Friday 3 September article “GOP Works to Woo Voters But Not Give Rivals Fodder ” opens astoundingly “House Republicans are hunting for an election-season middle ground on which they can make promises to voters without providing enough details to be attacked by Democrats.”

Have the House Republicans forgotten how, just 16 years ago they accomplished their greatest comeback in history, replacing a failed Democrat leadership after not just 4, but 42 Years? And how they did that by making a promise called the Contract with America?

The article continues “... some Republican candidates are independently embracing controversial proposals for Social Security... that Democrats have already begun using against the GOP.”

Has there been even a single day since Social Security's inception 75 years ago that the Democrats have not accused the Republicans of wanting to abolish Social Security?

What better tool to use against people who lie about you than to tell the truth about them? Such truth as found in the United States Supreme Court 1961 Fleming vs Nestor decision:

The noncontractual interest of an employee covered by the [Social Security] Act cannot be soundly analogized to that of the holder of an annuity, whose right to benefits are based on his contractual premium payments. To engraft upon the Social Security System a concept of 'accrued property rights' would deprive it of the flexibility and boldness in adjustment to ever-changing conditions which it demands and which Congress probably had in mind when it expressly reserved the right to alter, amend or repeal any provision of the Act.”

Another truth about Social Security is that it can be abolished without stopping a single payment to any of the 40 million citizens already receiving Social Security payments. That $615 billion annual cost will disappear painlessly in 40 years. The people who have allegedly already paid into the system can be told to give it up for our children, and be glad they are not Chrysler bond holders.

The House Republicans should have announced a new Contract Before the first 2010 primary elections, to winnow out so-called Republicans who think telling the truth about Social Security is a “controversial proposal.”

Whatever, they could do no worse than open a 2010 contract with a promise made by the greatest Democrat of them all, Franklin Delano Roosevelt in Pittsburgh, PA, Wednesday October 19, 1932 when he said "I shall approach the problem of carrying out the plain precept of our party, which is to reduce the cost of the current Federal Government operations by 25 per cent."

You can look it up.

Arnold H Nelson

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