A NATION UNDER SEDATION


USA Today, the Nation's Newspaper, December 30, 2005 issue had a front page report titled "STATES RUSHING TO LURE RETIRES. Boomers Are Economic Boon."
The report states 12,000 baby boomers retire every day, these are people loaded with money and many states, especially the sun-belt states are on a mission to bring them to their states,
The author - Charisse Jones - has told only one side of the story, just as most reporters do, and forgot what a massive exodus could do to the economies of states which lose people with purchasing power. People in the private sector with their modest pension may not have a great impact, but those millions of federal, state and local governments retires - those double-dipping, tripple-dipping bureaucrats - could threaten snow-belt states.
Read Reader' Digest, in its February and March 1996 issues, published two reports about the fairness and limits of taxation and about America's new privileged class - government retirees. The February issue published a Roper Center survey of Americans about the fairness and the maximum limit of all taxes combined. The question was "What is the highest percentage of income that would be fair for a family of four making $200,000 to pay in ALL TAXES COMBINED." The unanimous answer from male/female, whites/blacks, with/without college education, conservative/moderates/liberals, earning from $30,000 to $70,000 and ages 35 to 65 was the same - 25%. Actually in 1995 that figure was 39%, almost 33% above the maximum.
What USA Today did not mention is that many of our retirement programs are based on future taxation, and the taxpaying segment of the population - those in the workforce - will go bankrupt if America does not come to grip with economic reality and reform all current pension plans. We should have only one pension fund from which all retirees can draw benefits based on their needs. No more federal, state and local government pension for the bureaucrats and unfunded social security for the private sector folks.
IF TAXATION FOR WEALTH REDISTRIBUTION IS JUSTIFIABLE, ONE PENSION FOR ALL AMERICANS, BASED ON ECONOMIC REALITY, IS ABSOLUTELY JUSTIFIED. We may also have to enact new laws about people collecting tax-financed pensions from one state and moving to another state TO LIVE CHEAPILY EVER AFTER.
So what should New York, Pennsylvania, Ohio, Michigan and other states do? They should take a good look at "SOCIAL CONTRACT" theory, and re-write it to suite the times. A lot of rights, privileges and entitlements created by politicians for their re-election purposes which led to massive wealth transfer schemes may have to be revisited and necessary corrections made.
What Americans can and are willing to pay to their government servants should be decided and agreed to by AMERICA'S TAXPAYER UNIONS, like the National Taxpayers Union - not the greedy, out-of-control labor unions!
Unions in public sector may have to be abolished. While anyone could argue that there is no way government can tell retires where they can choose to live, what happens if the taxpayers in a state do not have the means to support a rich class of retires who doesn't spend a dime in the local economy? All SYNTHETIC RIGHTS, rights which are not in the Consitution and created for POWER GRAB, political survival, elimination of opposition and easy re-election, may have to be allowed to sunset. WE ARE IN A LOT OF TROUBLE, AMERICA! A TAXAROID is about to hit America and it will wipe out the entire tax base!
While many Americans are busy with soap, sports and sex and are infatuated with "pursuit of pleasure" our country is sinking in a quick sand of uncontrolled GREED, AVARICE and EXCESSES. You need to wake up, get involved in the political process.
Remember, politics has only two purposes:
(1) to protect what you have, and
(2) to take what others have.
Don't you think it is time to protect what you have by getting involved in the political process?
All future-tax-based pensioners may have to be forced to stay in their own states and support the local economies where taxes are generated to pay for the very pension they receive.
America, it is time to wake up. Act N O W, call your Congressperson, U.S.Senator and your President. Get the press and radio talk shows involved. T I M E I S R U N N I N G O U T.
Gringo Star/Blogger Gringo/blogtrotterJANUARY 2, 2006

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