Monday, June 24, 2013

Put the surplus back!

...Under Bush—A Return to Fiscal Irresponsibility (click here) When George W. Bush came into office, he was determined to return to the trickle-down economics of Reagan/Bush. The 2001 and 2003 tax cuts enacted by the Republican congressional majority and the Bush administration are responsible for the financial crisis we are in now— helped along by Congress’s earlier repeal of the Glass-Steagall Act, which allowed commercial banks to merge with investment banks, opening the door to the financial meltdown.

George W. Bush spent $1.37 trillion of Social Security surplus revenue during his eight years as president. In his last year alone he spent $526 million of our Social Security money each day. 

There will be no raiding of Social Security. There will be privatization. There will be no endangering the trust fund. The SSI Surplus needs to be put back ASAP.

President George W. Bush participates in a discussion on Social Security reform at the Andrew W. Mellon Auditorium in Washington, D.C., Tuesday, Jan. 11, 2005. Also pictured, from left, are Sonya Stone, Rhode Stone, Bob McFadden and Scott Ballard. White House photo.

The coveting of the Social Security Trust Fund has a very long history, but, Bush took the cake. He spent his entire honeymoon period of his second term campaigning for privatization demanding Trillions to invest in privatization. That was 2005. If he was ever successful the fund would have been bankrupt by 2008.

President Bush Meets with Social Security Trustees, January 9, 2005
President Participates in Conversation on Social Security Reform, January 11, 2005
State of the Union Address, February 2, 2005
President Discusses Strengthening Social Security in Montana, February 3, 2005
President Participates in Social Security Conversation in North Dakota, February 3, 2005
President Discusses Strengthening Social Security in Florida, February 4, 2005
President Participates in Conversation on Social Security in Arkansas, February 4, 2005
President Discusses Strengthening Social Security in Nebraska, February 4, 2005
President Participates in Social Security Conversation in Pennsylvania, February 10, 2005
President Discusses Strengthening Social Security in North Carolina, February 10, 2005
President Discusses Social Security in Radio Address, February 12, 2005
President Discusses Strengthening Social Security in New Hampshire, February 16, 2005
President Discusses Strengthening Social Security in Radio Address, February 26, 2005
President Participates in Social Security Conversation in Indiana, March 4, 2005
President Discusses Strengthening Social Security in Kentucky, March 10, 2005
President Participates in Social Security Conversation in Alabama, March 10, 2005
President Discusses Strengthening Social Security in Louisiana, March 11, 2005
President Participates in Social Security Conversation in Tennessee, March 11, 2005
President's Radio Address, March 12, 2005
President Discusses Strengthening Social Security in Pensacola, Florida, March 18, 2005
President Discusses Strengthening Social Security in Orlando, Florida, March 18, 2005
President Participates in Social Security Conversation in Arizona, March 21, 2005
President Discusses Strengthening Social Security in Colorado, March 21, 2005
President Meets with Seniors at Senior Center in New Mexico, March 22, 2005
President Participates in Social Security Conversation in New Mexico, March 22, 2005
President Discusses Social Security with Jan Mickelson, WHO Radio, March 30, 2005
President Discusses Strengthening Social Security in Iowa, March 30, 2005