More scare tactic campaign mail from an astroturf right wingnut corporatist organization.
This stuff is slick and expensive:
The address side of the mail piece.
Note the scare tactic “IRS Notice.” And then this:
This IRS Notice is NOT real.
That defeats the whole purpose of the mailing, doesn’t it? If it’s not real than you shouldn’t be afraid of it.
The “B” side is just as pathetic:
The back side of the mail piece.
Ah, it’s directed at Representative Ike Skelton (D).
…Social Security….will be bankrupt…
Wrong. They have that much contempt for people in Missouri’s 4th Congressional District – they think voters are stoopid.
Here’s the rich part – this astroturf group isn’t concerned about preserving Social Security. In fact, they have been advocates for privatization.
And as for their scare tactics about Social Security, here are the facts:
…Social Security is a well-run, fiscally responsible program. People earn retirement, survivors, and disability benefits by making payroll tax contributions during their working years…
….Every year since 1984, Social Security has collected more in payroll taxes and other income than it pays in benefits and other expenses. (The authors of the 1983 Social Security reform law did this on purpose in order to help pre-fund some of the costs of the baby boomers’ retirement.) These surpluses are invested in U.S. Treasury securities that are every bit as sound as the U.S. government securities held by investors around the globe; investors regard these securities as among the world’s very safest investments.
Investing the trust funds in Treasury securities is perfectly appropriate. The federal government borrows funds from Social Security to help finance its ongoing operations in the same way that consumers and businesses borrow money deposited in a bank to finance their spending. In neither case does this represent a “raid” on the funds. The bank depositor will get his or her money back when needed, and so will the Social Security trust funds.
As far back as 1938, independent advisors to Social Security firmly endorsed the investment of Social Security surpluses in Treasury securities, saying that it does “not involve any misuse of these moneys or endanger the safety of these funds….”
This is the consequence of Citizens United v. Federal Election Commission (No. 08-205) – astroturf right wingnut corporatist organizations can spend unlimited amounts of money to pervert our elections, and because obstructionists in the republican minority carry water for them, these organizations don’t have to divulge who is bankrolling them.