San Fran Nan at it Again!
The Cybercast News Service, which I am really begining to like a lot, as a brilliant piece on Nancy Pelosi discussing Social Security.
San Fran Nan has this to say:
At a press conference broadcast on C-SPAN Thursday, House Minority Leader Pelosi (D-Calif.) commented, "The President has said this is 'pay-as-you-go'-well, it's not 'pay-as-you-go,' it's a trust fund."
Where did she learn that one? Oh, wait, she must be confusing Social Security taxes, which her Congressional Salary is not subject to, with her retirement savings account the government provides all elected officers with in lieu of Social InSecurity. That's the only reason I can see her coming out with such a gross misrepresentation of the facts on how the social Security system works (in it's crippled sort of way).
More from the article:
"What?" the NRCC asked in a press release: "Has someone notified the Social Security Commissioner? The President? The Congress? All this time we've been wrong about this?" exclaimed NRCC Communications Director Carl Forti."Most everyone familiar with Social Security in any capacity understands that the current generation of workers finances the benefits of the current generation of retirees-making Social Security a pay-as-you-go-system," Forti said.
Is San Fran Nan merely confused, as I suggest, or is she being genuinely ignorant of the facts, or, as Forti suggests: "But now we're seeing her blatantly misrepresent the basic facts on the way the system is run..."
Maybe if we forced Congress onto the same system that we've been condemned with, they might change their tune. But then pigs might fly as well.








