In 1983, the same year that the recommendations of the Greenspan Commission on Social Security Reform were enacted into law, allegedly “fixing” the long term Social Security solvency problem, members of the Cato Institute and the Heritage Foundation drew up a long-term plan for privatizing Social Security. They published their plan, entitled “Achieving A Leninist Strategy” in the Fall 1983 issue of Cato Journal. This plan served as the foundation upon which a powerful movement to destroy the current Social Security system, and replace it with private accounts, was built over the years.
The goal was to have a privatization plan waiting in the wings when the next Social Security crisis came along. Apparently the enemies of Social Security became impatient waiting for a true crisis to come and convinced President Bush to create an artificial crisis in the minds of the American public. Bush did a good job of casting doubts on the long-term solvency of Social Security as part of the plan to privatize the program.
The real crisis is not about Social Security. The real crisis is a crisis of fraud and credibility with the United States government. A plot to destroy Social Security that was initially created by people at the Cato Institute and the Heritage Foundation included the participation of the President of the United States, many members of Congress, and many other conservative organizations.
My previous book, The Looting of Social Security 2004, 2010: covers the details of what happened to the Social Security surplus money that is supposed to be in the trust fund. This book picks up where that book left off. It exposes the 30-year old plot to circumvent the American democratic process and build a strategy to dismantle the current Social Security system and replace it with private accounts, despite the fact that the majority of Americans support the current system.
An Important Book All Americans Should Read February 25, 2011
By Jeffrey Ehlenfeld
Format:Paperback
This is one in a series of books that follows the origination of The Social Security Trust Fund and how those funds were diverted from their intended purpose. All of Dr. Smith's books are easy to read but packed full of data and quotes by key political figures. As with all Dr. Smith's books once I started reading I couldn't put it down until I finished. I consider this book key to understanding the truth about the Social Security Trust Fund and how politicians are trying to misinform the public.
I recommend this book highly to anyone wanting to arm themselves with the truth for the upcoming battle to keep Social Security from being cut or privatized.
