09.22.11

The Ted Nugent hunting buddy social safety net

Posted in Culture of Lickspittle, Decline and Fall, Extremism, Psychopath & Sociopath, Ted Nugent at 8:09 am by George Smith

I’ve written before that Ted Nugent is nothing but a parrot.

When he writes his political screeds for the WaTimes he simply scans for the top extremist GOP/Tea Party talking points and repeats them.

Most of the time this meant taking whatever Glenn Beck said on Fox a few days earlier. With Beck gone, now it’s his Texas favorite, Rick Perry.

In today’s column for the WaTimes, Nugent declares Social Security a Ponzi scheme, over and over, and recommends another Ponzi scheme, one allegedly furnished by a “hunting buddy” in its place:

A hunting buddy of mine proposes the following plan to ultimately eliminate the Social Security congressional slush fund:

Anyone over the age of 45 will receive Social Security. Anyone under the age of 45 will not receive a Social Security check upon retirement. However, those younger than 45 will still be required to pay into Social Security to cover the benefits of those who are 45 or older. What they will get in return is that all of the money they accrue through investing in their 401(k), etc. programs will be tax-free when they retire.

Nugent, protestations to the contrary, is (from evidence gathered over the past couple years from his columns and TV appearances) brainless. It’s a trait which binds him to Rick Perry. They are kindred souls, he’s implied a couple times. And I certainly believe him.

Nugent doesn’t realize or chooses to ignore that for millions of Americans, Social Security is all they have. And that as the nation slides further into its relentless decline with less good paying jobs of any kind, this number is likely to increase.

Therefore millions of Americans, under the “Nugent hunting buddy plan” would still see money being taken out of their paychecks to cover Social Security for elders. But have nothing when they retired.

Which is genuinely a Ponzi scheme, a criminal malpractice. Perhaps that is the entire idea.

From USA Today, in 2005, when times were actually a bit better than now:

Mary Rathbun gets an $809 check every month from Social Security and an additional $100 in food stamps. The 74-year-old former nurse pays $550 in rent for her apartment in St. Helens, Ore. That leaves less than $400 for food, utilities and other expenses, including medical bills.

When Social Security was launched 70 years ago Sunday, it was meant to be a supplement for retirees, not a full pension. But today, 10.6 million people, or 22% of the 48 million who will receive Social Security benefits this year, live on that check alone, the Social Security Administration says.

Living on only Social Security isn’t a happy prospect. It means stretching every dollar, depending on a patchwork of family, charity and state programs to pay for what Social Security doesn’t cover — and sometimes doing without. Those living on nothing but Social Security are often single women and minorities. AARP, the senior advocacy group, says 25% of retired women, including 46% of unmarried Hispanic women, have no income beyond Social Security. AARP also says 33% of retired African-Americans live on Social Security alone.

Those numbers could grow as the baby boom generation enters retirement. Currently, 53% of people in the workforce have no pension, and 32% have no savings set aside for retirement.

Under the “Nugent hunting buddy plan,” homelessness, premature death, hunger and truly destitute poverty among the elderly would explode. You don’t even have to do any arithmetic. The explanation and numbers in the entirety of the USA Today piece would predict a truly appalling future for everyone but the most wealthy and their class of most enthusiastic attendants.

What would you expect in wisdom from a “hunting buddy”? Would you like to live in a country run by the heartwarming charity and homespun country savvy of the “Ted Nugent hunting buddy”?

Comments are closed.