{"id":22565,"date":"2005-04-29T01:01:01","date_gmt":"2011-05-19T06:55:09","guid":{"rendered":""},"modified":"2021-03-15T09:48:44","modified_gmt":"2021-03-15T13:48:44","slug":"fdr_designed_social_security_to_empower_democrats","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2005\/04\/29\/fdr_designed_social_security_to_empower_democrats\/","title":{"rendered":"FDR Designed Social Security to Empower Democrats"},"content":{"rendered":"

RUSH: You know, the president can sit there and praise FDR all he wants but he\u2019s not fooling me. He may be fooling some of the liberals out there, but he\u2019s not fooling me. I know full well what Social Security was for and the Democrats today confirm my knowledge. The purpose of Social Security — stop and think of this, folks. It all came about in the New Deal, when everything crashed and burned. Had it not been for the New Deal, would we have Social Security? And I know this is an “if” question and “if” is for children, but stop and think of what Social Security is. Social Security is said to be a retirement plan. Well, it never was portrayed as that, but it was portrayed as insurance in your retirement, the golden years, whatever. When it started out, it used people\u2019s own money. They were taxed, and it\u2019s a Ponzi scheme. The early recipients scored really huge. They contributed like 24 bucks and got $28,000 back. Today it\u2019s just the opposite. You contribute $28,000; you\u2019ll get $24 back of your own money. Everybody else will make up the difference. But still, what\u2019s the concept?<\/p>\n

\"\"The concept is that somewhere along the line, we\u2019re going to start taxing your earnings, and we\u2019re going to save that money for you so that when you can\u2019t work anymore, that money gets given back to you from whom? The government. Who\u2019s in charge of your retirement? The government is in charge of your retirement. Why didn\u2019t somebody say at the outset, why didn\u2019t FDR say at the outset, “You know what? This New Deal has taught us a lesson here. People need nest eggs.” You can lose everything overnight. You can lose your job, but if you have a nest egg, that\u2019s some insurance against it, so we\u2019re going to require a forced savings plan from every citizen. You\u2019re going to have to take X amount of your paycheck and put it in an investment plan that you control, that you run, that you manage, it grows and grows and grows as time goes on. You can track the history of the stock market over the number of years we\u2019re talking about. The stock market always goes up, never goes down. Number of years we\u2019re talking about.<\/p>\n

By the time you start working till you retire, the stock market is going to be up, guaranteed. No matter what period of time you look at. Now, why, all of a sudden, did somebody say, “No, we can\u2019t do that. We\u2019re going to bring this money to the government. We\u2019re going to take this forced savings plan and we\u2019re going to tax people and we\u2019re going to take the money to the government, and then when they get 62 to 65, whatever it is–” and, by the way, when Social Security was first formed, nobody lived until retirement age, or very few did, so there weren\u2019t that many payouts. This was a welfare program from the get-go. But more than that, it was a program designed to literally attach, with an almost umbilical cord, citizens to their government. Citizens would become dependent on the government for their retirement. Even though the citizen actually had to earn the money and have it taxed, the idea was Social Security is my government caring about me.<\/p>\n

\"\"Now, the whole concept of this is something designed to empower government and make the citizens dependent. FDR was no schlock. He was no fool. And he was a Democrat. He tried to pack the Supreme Court. He was an ideologue. He knew what he was doing. In his mind, he was setting the Democratic Party up for 50 plus years of power and majority status. Because the more citizens you make dependent on the government, the more citizens that are always going to vote for you to keep it coming back. And, by the way, it didn\u2019t stop with Social Security. Then we had all kinds of welfare programs and you know the rest. That\u2019s why it\u2019s taking a long time to turn this around and the reason why the president is determined on this, the reason why the president\u2019s going to fix this, is because he knows what he\u2019s up against. The Democrats, Social Security and the judges are the two things that scare them to death. If they lose the government control over Social Security, and if they loose the ability to institutionalize liberalism by way of activist judges inventing and writing law from the bench, if they lose those two things, they have lost two of the three legs of the stool on which they\u2019re sitting. They may lose the whole stool. They may not be sitting on a stool when that happens. That\u2019s why they\u2019re scared. They\u2019re not concerned about you when it comes to Social Security and they\u2019re not concerned about you and your retirement. They\u2019re not concerned about anything. If they were, the NAACP would be the first people supporting the president\u2019s plan, but the NAACP is actively opposing it because they\u2019re liberals. They\u2019re big government types. They\u2019re not out for the advancement of colored people.<\/p>\n

Ask Clarence Thomas or Condoleezza Rice if they\u2019re out for the advancement of colored people. (Interruption) Yeah, look at Kweisi Mfume. They\u2019re trying to shaft Kweisi now, right? Kweisi wants to run for the Senate in Maryland and somebody\u2019s got some dirt on him that he showed favoritism with a female staffer, more than one, favoritism with a bunch of female staffers when he was running the NAALCP himself. So ask Kweisi if they\u2019re for the advancement of — he ran the place and they\u2019re trying to sabotage Kweisi. So all you have to do, folks, the president\u2019s plan, individual retirement accounts, the plan announced last night, let\u2019s really help the poor with it. My gosh, who is going to benefit more? The black population in this country has the lowest life expectancy. They don\u2019t live as long. So they don\u2019t get to retirement age. They pay all these taxes and Social Security. Some don\u2019t live long enough to get all the benefits or even part of it. So the president wants to accelerate that. The NAACP, black caucus ought to be first in line supporting the plan if they really cared about black people and their economic circumstance, but, no, no, no, no. They\u2019re big government types. They want the power of running the government.<\/p>\n

\"\"If your agenda revolves around growing the government and controlling people with government, you need to control the government to do it, and they don\u2019t, and that\u2019s another reason for their panic. This whole Social Security thing was a wolf in sheep\u2019s clothing from the beginning, but it\u2019s been around as it is for all these years and all those years it\u2019s sort of inculcated itself into people\u2019s minds as some great government plan to guard people against poverty in their old age. There are so many better ways of doing that. If you\u2019re going to tax people\u2019s income all along their lives and put it in an account, let them run the account where it\u2019s really going to grow and amount to something. But, oh, no, no, no. No we can\u2019t have people in charge of their own retirement. We can\u2019t have people in charge of their own success. We want the government and Democrats to be credited with the reason people have a retirement, and that\u2019s why this fight\u2019s going on. That\u2019s why they oppose whatever the change the president offers. Anything that takes some of this money away from government and puts it in private hands, they\u2019re going to oppose it.<\/p>\n

Same thing with the judges. It\u2019s really no more complicated than this, folks, and that\u2019s why I say they\u2019re corkscrewing themselves into quicksand because they\u2019re on the precipice of losing all this and they\u2019ve lost their number-one megaphone, the mainstream press, to continue this charade with people. So they\u2019ve lost the ability to actually do all the mesmerizing and all the propagandizing and all the demagoguery. I mean they still have people out there doing it, but they\u2019re not reaching as many people and there are counter-arguments waged all the time. So they\u2019re in full-fledged panic about this. You can guarantee — any proposal that comes along, common sense proposal that empowers individuals in this country — you can count on liberal Democrats in this country opposing it in a screeching, childlike tantrum-type fashion, stamping their foot like Barbara Boxer and her kid.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: You know, the president can sit there and praise FDR all he wants but he\u2019s not fooling me. He may be fooling some of the liberals out there, but he\u2019s not fooling me. I know full well what Social Security was for and the Democrats today confirm my knowledge. The purpose of Social Security […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"\nFDR Designed Social Security to Empower Democrats - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2005\/04\/29\/fdr_designed_social_security_to_empower_democrats\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"FDR Designed Social Security to Empower Democrats - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: You know, the president can sit there and praise FDR all he wants but he\u2019s not fooling me. 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