lgstarr: Make The Poor Rich: Please forward this to everyone you know!

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Social Security Reform: a Means to an End

Dick McDonald
www.dickmcdonald.blogspot.com

I have tied the Reform of Social Security around my neck but its reform along with that of Medicare is only a tool I have used to create a greater, fairer, wealthier and socially peaceful America.

The importance of adding my Rise-Up Economic Theory to the Trickle Down Theory can be understood best by the goals it is programmed to accomplish.

Make the American economy work more efficiently
Inject enormous sums into the capital market
Deliver the "American Dream" to all Americans
Make the poor and those without the tools rich
Give all Americans a "pool of capital" to invest
Eliminate government dependency programs
Eliminate enormous unfunded liabilities
Provide an affluent retirement for everyone
Reduce government spending by $1.2 Trillion a year
Deliver a $1.2 Trillion tax cuts every year
Reduce crime and financial insecurity
Reduce class warfare and its dissonance
End Poverty as we know it
Extol the virtues of capitalism over those of socialism
Make American 31 times wealthier in just 40 years
Demonstrate capitalism's populist capabilities
Make American products more competitive
Reduce labor-management strife
Eliminate Private Sector retirement funding
Eliminate Public Sector retirement funding

If the reform of Social Security was all that I was interested in doing, I believe Americans couldn't be bothered having been anesthetized by 70 years of propaganda.

Here I am interested in restoring to the people their "private property"; the 15% that is taken from them as payroll taxes. In effect, I am starting a 21st Century Boston Tea Party.

The return the government pays Americans for their lifetime investment of 15% is so small it is an embarrassment; it just enough to keep a person from starvation and homelessness (when their government housing allowances are added). If you die before retirement, your entire investment is lost. Even if you live it is questionable that you will even recover the investment that you made. The program is an embarrassment for the richest and most powerful country on the planet.

By investing the 15% weekly in the American economy for your entire working life in a personal account you can't invade until retirement even a minimum wage earner generates a nest egg of over $1,200,000 and a monthly retirement check of $10,000. A $60,000 a year truck driver accumulates a $4.8 Million nest egg and a monthly check of $40,000.

All the goals I listed above can be achieved by the creation of personal accounts. Forget that they were "payroll taxes" they would now be your personal property if we repeal Social Security and Medicare and put that 15% in your personal account.

I have written a book entitled "Make the Poor Rich" which details the benefits, schedules the account growth, outlines how to easily transition from the old to the New Social Security Institute's plan (including never cutting the benefits of the present participants in the old program). It meticulously addresses how all the above goals can be achieved and the opponents of such change can be convinced to adopt it.

In addition I have formed a Section 527 political organization, The New Social Security Institute to advance the adoption of this "Rise-Up" plan by Congress. It has been formed to assist the campaigns of those endorsing the plan and to inform the public about what they are missing.

If you closely view this plan it incorporates many of the hopes our Founders had for America including lower taxes and limited government. If you are a patriot that thinks these virtues are important put you money into our effort to influence the country to return 15% of our money to us. Can you think of a better issue to support?

Neither party has an issue that can compare with enacting personal accounts and the adoption of the rise-up theory. It is a bread and butter issue of immense import and economic benefit. By itself, making the poor rich pales every other political concern into insignificance and the 2008 election is the time to promote it; income equality being such a defining issue.

If you want to help us send your contribution to:

The New Social Security Institute
9662 Jumilla Avenue
Chatsworth, CA 916311-5610
818-998-6800
makethepoorrich@socal.rr.com

Those of you contributing more than $100 will get a pre-publishing manuscript of the book "Make the Poor Rich". It is the blueprint that details the plan and will answer all your questions. The manuscript will be a collector's item.

We are planning a public relations campaign using all the modern tools of communication. We need your funding to help us finance that effort. Please act now.