WELCOME TO OPINIONS BASED ON FACTS (OBOF)
&
THINGS YOU
MAY HAVE MISSED (TYMHM)
YEAR THREE
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Name
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Published
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OVERVIEW
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OBOF & TYMHM PART 14
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Dec 18, 2012
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OBOF & TYMHM PART 15
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Jan. 02, 2013
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OBOF & TYMHM PART 16
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Jan. 08, 2013
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OBOF & TYMHM PART 16
EXTRA
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Jan. 11, 2013
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OBOF & TYMHM PART 17
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Jan. 15, 2013
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OBOF & TYMHM PART 18
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Jan. 22, 2013
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OBOF & TYMHM PART 19
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Jan. 29, 2013
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OBOF & TYMHM PART 20
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Feb. 05, 2013
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OBOF & TYMHM PART 21
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Feb. 14, 2013
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OBOF & TYMHM PART 22
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Feb. 20, 2013
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OBOF & TYMHM PART 23
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Feb. 27, 2013
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OBOF & TYMHM PART 23 SPECIAL
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Mar. 06, 2013
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OBOF & TYMHM PART 24
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Mar. 07, 2013
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OBOF & TYMHM PART 25
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Mar. 12, 2013
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OBOF & TYMHM PART 25-EXTRA
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Mar. 14, 2013
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OBOF & TYMHM PART 26
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Mar. 19, 2013
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OBOF & TYMHM PART 27
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Mar. 26, 2013
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OBOF & TYMHM PART 28
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Apr. 02, 2013
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OBOF & TYMHM PART 29
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Apr. 08, 2013
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OBOF & TYMHM PART 30
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Apr. 17, 2013
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OBOF & TYMHM PART 31
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Apr. 23, 2013
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OBOF & TYMHM PART 32
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Apr. 30, 2013
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OBOF & TYMHM PART 33
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May 07, 2013
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OBOF & TYMHM PART 34
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May 18, 2013
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OBOF & TYMHM PART 35
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May 21, 2013
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OBOF & TYMHM PART 36
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May 30, 2013
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OBOF & TYMHM PART 37
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June
05, 2013
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OBOF & TYMHM PART 38
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June
11, 2013
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OBOF & TYMHM PART 39
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June
18, 2013
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OBOF & TYMHM PART 40
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June
25, 2013
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OBOF & TYMHM PART 41
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July
02, 2013
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IN THIS ISSUE
1. Thought for the day.
2. ASPCA.
3. Hurricane Sandy
4. Million dollar effort helps 6,600 dogs.
5. Up date on Social Security.
THOUGHT FOR THE DAY
If you can't
explain it simply
you don't understand it well enough.
Albert Einstein
For a change,
this posting has some good news, particularly if you are a pet lover and you
are against cruelty to animals.
~~~
About the ASPCA
Who We Are
The American Society for the Prevention
of Cruelty to Animals (ASPCA)
was the first humane society to be
established in North America and is, today, one
of the largest in the world. Our
organization was founded by Henry Bergh in 1866 on the belief that animals are
entitled to kind and respectful treatment at the hands of humans, and must be
protected under the law.
Headquartered in New York City
What We Do
As the first humane organization to be
granted legal authority to investigate and make arrests for crimes against
animals, we are wholly dedicated to fulfilling the ASPCA mission through
nonviolent approaches. Our organization provides local and national leadership
in three key areas: caring for pet parents and pets, providing positive
outcomes for at-risk animals and serving victims of animal cruelty. For more on our work in each of these areas,
please visit our programs and services page.
~~~
Hurricane Sandy
Dog Finds Happy Ending
During a trip
to New York City , Bill H. and his family decided
to adopt a dog at the ASPCA
Adoption Center Sandy , was one of many animals
rescued in the aftermath of Hurricane Sandy Sandy ’s
happy new life in Pennsylvania
Adopting Sandy
We saw a
couple of dogs that Amanda and I liked, but Denise was not sold—that is until
she saw Sandy Sandy Sandy Sandy
From that
point on, Sandy Pennsylvania Adoption Center that Sandy Sandy Sandy
We have
had a few people in and out of the house since Sandy Sandy Sandy Sandy
~~~
Million Dollar Effort
Helps 16,600 Dogs Find Loving Forever Homes
We work
hard to find homes for loveable dogs around the country, doing everything from
hosting adoption events to tweeting our tails off. But sometimes
these precious pups just need a ride!
That’s
why we’re thrilled to announce the successful completion of our work with The Carroll Petrie Foundation Dog Rescue Project,
a $1 million initiative to fund much-needed services for over 16,000 shelter
dogs and puppies at local shelters across the country. Last weekend, we
celebrated this milestone with a “Bon Voyage” event, as the final transport
departed Miami-Dade Animal Services with more than 30 dogs and puppies bound
for Long Island’s Precious Pups Rescue in Calverton ,
New York
Thanks to
the Petrie Project, thousands of dogs got a lift from overcrowded shelters—in
states from Florida to California
“Seeing
the assistance we’ve been able to provide to shelters across the country thanks
to The Carroll Petrie Foundation Dog Rescue Project has been truly inspiring,”
says ASPCA President & CEO Matt Bershadker. “Through this generous
donation, shelters were able to provide 16,600 dogs with the life-saving
services they needed to get that second chance at finding loving homes.”
~~~
Santa Claus,
the Trust Fund
& the Tooth Fairy
Dr Allen W. Smith is Professor of Economics,
Emeritus at Eastern
Illinois University
863-875-2735
What do
Santa Claus, the Social Security Trust Fund and the Tooth Fairy have in
common? They are all myths, which people
want so much to believe that they try to convince themselves they’re real,
despite the evidence to the contrary.
Belief in Santa Claus and the Tooth Fairy are harmless sources of joy
for young children who will eventually face reality as they grow up. But adults, who continue to believe in the
Social Security trust fund, when it doesn’t exist, are fooling themselves and
contributing to the government’s effort to cover up the Social Security
theft.
The
origin of the trust fund myth was the Social Security Amendments of 1983, which
included a hefty payroll tax hike that was designed to create large surpluses
for the next 30 years. The intent of the legislation was that a real trust fund
would be created, and all of the Social Security surplus revenue would be
deposited into that trust fund in order to build up a large reserve fund which
would be saved until the baby boomers retired and needed it.
From its
enactment, in 1983, to the last surplus year, in 2010, the payroll tax hike
generated a total of $2.7 trillion in surplus Social Security revenue. The surplus revenue was supposed to be used
to buy marketable U.S.
The
American people were told that the surplus revenue would be put into the trust
fund in order to build up a large reserve, which would be available for paying
full benefits to the baby boomers. And,
30 years later, the public still believes that the government did what it was
supposed to do, and thus there must be $2.7 trillion in real assets in the
trust fund today. Here is where the
story gets ugly.
Not one
dime of that $2.7 trillion in surplus Social Security revenue was saved or
invested in anything. Instead, it was all
deposited into the general fund and used to finance wars, tax cuts for the
rich, and other programs. The government
embezzled all of the surplus Social Security revenue and used it for general
government operations in the same way that income tax revenue is used.
How did the government pull off such a
scam? It did so by creating an elaborate
mirror image of what was supposed to be happening. This cover up has successfully convinced most
people that all was right with Social Security for the past three decades.
A clever
scheme was developed, and that scheme has successfully fooled most of the
American people for the past 30 years.
As the Social Security money was spent, it was replaced, dollar for
dollar, with government IOUs. But the
government didn’t call them IOUs. They
cooked up a fancy name, and called the IOUs “Special issues of the
Treasury.” The key characteristic of the
IOUs is that they are non-marketable.
They can’t be sold, traded, or used to make benefit payments. They are not real bonds in the sense that
bonds are usually defined. Allan Sloan of Fortune Magazine called them “funny
money” in his Washington
After 30
consecutive years of annual surpluses, Social Security began running permanent
deficits in 2010. The cost of paying
full benefits in 2010 was $49 billion more than the Social Security tax revenue
for the year. Social Security needed to sell $49 billion of the “marketable
Treasury bonds” that Social Security allegedly had in the trust fund. But there was no money in the trust fund or
anything else of value that could be sold in order to raise cash. So the government had to borrow $49 billion
(probably from China
The harsh
reality is that, during that 30-year period of annual surpluses, the surplus
money was all spent for general government operations. None of it was saved and invested in real
assets in order to build up a reserve that could be drawn down to pay benefits
for the baby boomers. But the
government, who has misled the public for three decades, continues to insist
that the trust fund contains $2.7 trillion in reserves which could be used to
pay full benefits for two more decades.
The cat
was officially let out of the bag at the time of the 2011 Congressional
deadlock on raising the debt ceiling.
President Obama was asked by a CBS reporter whether he could guarantee
that Social Security checks would go out on August 3rd, as scheduled, if a deal
was not reached on raising the debt limit.
Obama’s
response shocked a lot of people who think Social Security has $2.7 trillion in
reserves stashed away. The President
said, “I cannot guarantee that those checks go out on August 3rd if we haven’t
resolved this issue. Because there may
simply not be the money in the coffers to do it.”
If Social
Security had even a small amount of money, stashed away for emergencies, that money
could have been used to pay for the August, 2011 benefits, in case the dispute
was not settled in time for the benefits to be paid through the usual
channels. But there is no cash, or
anything else that could be converted to cash.
Social Security has its annual tax revenue, which is not enough to pay
even one year’s benefits. If not for the fraudulent actions of the federal
government, Social Security would have $2.7 trillion in marketable U. S.
The facts
are indisputable. Social Security is now
running annual deficits each and every year.
Social Security has no real assets, which can be used to pay benefits,
or converted into anything else of value.
Social Security does not have enough money to pay even one year’s
benefits, let alone 20 year’s worth of benefits as the government claims. The
government knows all these facts. So why
do politicians and government officials continue to lie to the American people
about the true financial status of Social Security?
Copyright
2013 by Allen W. Smith
863-875-2735
~~~
If the good Lord is willing and the creek don't rise, I'll talk with you
again on Tuesday, July 9th, 2013.
God Bless You All
&
God Bless the United States of America
Floyd
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