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Facts Forum News, Vol. 5, No. 1, January 1956
File 021
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Facts Forum. Facts Forum News, Vol. 5, No. 1, January 1956 - File 021. 1956-01. University of Houston Libraries. University of Houston Digital Library. Web. September 27, 2020. https://digital.lib.uh.edu/collection/1352973/item/209/show/160.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Facts Forum. (1956-01). Facts Forum News, Vol. 5, No. 1, January 1956 - File 021. Facts Forum News, 1955-1956. University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/1352973/item/209/show/160

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Facts Forum, Facts Forum News, Vol. 5, No. 1, January 1956 - File 021, 1956-01, Facts Forum News, 1955-1956, University of Houston Libraries, accessed September 27, 2020, https://digital.lib.uh.edu/collection/1352973/item/209/show/160.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Title Facts Forum News, Vol. 5, No. 1, January 1956
Alternate Title Facts Forum News, Vol. V, No. 1, January 1956
Series Title Facts Forum News
Creator
  • Facts Forum
Publisher Facts Forum
Date January 1956
Language eng
Subject
  • Anti-communist movements
  • Conservatism
  • Politics and government
  • Hunt, H. L.
Place
  • Dallas, Texas
Genre
  • journals (periodicals)
Type
  • Text
Identifier AP2.F146 v. 5 1956; OCLC: 1352973
Collection
  • University of Houston Libraries
  • Facts Forum News
Rights No Copyright - United States
Item Description
Title File 021
Transcript : (Continued) SOCIAL SECURITY I he system must be Hv t age 65 c of mankind t people are . 0 i 1,1 '* is lo work without unduly burden- «l States hold ^ ^ ^ ^ the safet, of en bands, for > fum|s, They arp inves |n , ^ t our Anierii-..it(is „OV(.rnm(.n| ,)onds „,„.„. uo|||(| st.tut.ons and.' -um^ |h(,m, WouW ^^ ^ mav he tin -iticize the present investment put them '?" ? u.J 'ommereial bonds or loans? If we 1(1 '" ■'■l.gl.1^,1 ^„ wouId we not j, |ak(, ie heart Hume " illuge. unile-r if , . , l :„i,ir"llS'*<"ssmaii Al«er, who leels I ry social iir^"* Iv surrender th**0^1*'!"! could bring inflation wine /of liberty aii«nkrupt the nation, presented his the Republic fce same Facts Forum program: leader and lea1' significance "' No greater shock faced me as a fr.-h- an congressman them getting the in- dc information on "Social Security" or Old Age Survivors Insurance ASI as it is name-el 1. I thought we- held und program -that we'd get our 'oni-v back. 1 saw the members of the House of bresentatives "steamroller through'* a w Soeieil Security bill withoul bear- is, without debate, eunl without anv of responsibility "because," I s told, "it s a sun- way to seek und ii v.ile--. just as it's political suicide vole against it. Also, the Senate will 'Id healings ami thus can bear the I when thev re*!,,,,, ,,f ,,,,1,1 jr. criticism. I saw the Soil,,■ v,„n.-5 mj] Securit) program become a political suffers some "Tothall will, a straight party line vote > or .io should -er w|1(.lll(.r |o ,||l|c| ||umi(, nearmgs «, lid. Surely heJ.t- Republicans for hearings, llcnie.- ralely ibun If als against. So I investigated em.I nore often ha idieil as time would permit, mv -u- e. fcions being aroused. Ileprc5cntati*j ] |,.arnrlj ,},.,, S(l|ni. ,.,)MLrt,.—,,,,,, relation cxtendjenlv admitted that rather lhan oppose -mod peulv i--1 is politically popular bill bv idling the hi put no ei? jojile the truth, they'd rather wail an,I rogieiin would j ,| ,.„||.I|ISI. 0f its own weaknessej al„] pick and to l'*|esponsiliilities then everyone would are now force-Mtomulieally know it wees not sound rogram ol -'*<l without th,- individual congressman l will be a -lt''"'Tilii-ing himself politically to oppose medicine and] |„ ||,js statesmanship? ci- types of S°1I learned that the program was known , he actuarially unsound that esti- ibe coverage ° "es of its deficit wen- somewhere be- are those wli°e,-„ 6(1 einel 225 billion dollars "but ■av il does no'! mailer becuuse the burden is being - ha- eilwuys jfteel |n following generations." In- .- wanted tic s£ad "f llu- 20 billion dollar hand it does not iriV°* been asserted that there should be iv Tliui-ileiv" 'iicwhcrc in lhe neighborhood of 250 id there are thphon dollars i.i support presenl fed- a system sliou1' il commitments. Even tin- 20 billion That would ll.n- is not 0n band because the -510 erv people wln'iniciil bee- spenl il I,, pay other ex- icrully speuki"r'n -es. leaving I.O.I .'5 i„ the lill. This I would slill l^lthc heriluge we leave our children in .ireel goveriuiu'"' name- ,,f "Social Security." Where tremendous step towards socialism by making the governmenl the mortgage holder over most business and at the same lime-, weiuld we not reduce tlle security of our funds? As I see ii. Soeieil Security is safe. It is sound. It offers the only practical method for mosl people lo provide for their own security. I am for il. hat this li might views on now are our watchwords of "liberty' eenel "freedom"? Is anyone, our children included, free when saddled with debt? Is this "social security"' for them, or "-in ial failure"? Is II rather u mass rejection of our religious belief in personal responsibility, in exchange for a fanciful governmenl guarantee with compounded bureaucratic mistakes? The future cosl will be in excess of 20 billion dollars per vear by 1975 in ad- ililiiin lo income lax. *1 011 may not know this either, but under the increasing costs many will be paying more lax in Social Security than income lax—it's going up. For comparison it is sale to sav that Ibis adding on increasing cost is equivalent lo increasing your presenl income lux by 50 per cent—just to break even on Soeieil Security income against benefits. Actually, no one knows bow badly off wc are yel the benefits are blandly increased by Congress. Some instances an- reported where 126 dollars can buy 30 thousand dollars benefits. Who wouldn't be interested? In other instances, tuxes are collected well beyond the amount due. but are- never refunded. In slill others, millions of our people will not receive benefits because of bureaucratic rulings handed down and becuuse of red tape. Yet they are- forced lo pay in. Is this liberty and freedom? QUESTIONS AVOIDED Many, many questions have been asked I pose some- now—which have n't been answered, bul avoided by congressional leaders who refused to bold hearings, playing polities instead. (If course, it is un easier course us a congressman to climb aboard a popular cause, in this case- tin- offer of security und something for nothing, them il is to oppose it- -but the fiscul foolishness is now loo obvious lo permit such a course without sacrificing ethics eunl conscience. I In- people should be told—and I, for i News, /«»■"■" Ws Forum News, January, 1956 one. am not afraid to expend the efforl. lo raise the questions, many of which .11c those ei-ke-ei of the committee which then refused lo bold bearings lo gel the Facts. Vet they brought forth a bill anil pushed it through. lb-re are only u few questions. What are lhe fuels on age qualification in wives, working men and willows I in view eef age reduction tor some from 65 lo 62 in this bill)? What are the fails on lengthening life expectancies'.'' How fur in debt is the program al ihis time? What payment schedule is necessary to make the program sound actuarially? What protections againsl destroying in- centive em- then- in the- cash disability program? How does the disability program lie in with the expanding federal- state vocational rehabilitation? These and many other questions require answers. In the disability program it appears that if wc wanted lo kill initiative und create the best environmenl for "gold- bricks'' possible, we've done it in the present bill. The temptation is there— why should a man rehabilitate himself und be taken off a federal pension? Further, will there be shopping around to find a doctor lo support lhe claim for a federal pension? Why should 50 years be the designated age? Any foolish fiscul program endangers our nation economically -particularlj such ;i comprehensive program as this. Inflation is always the danger to tin value of money. This program could bring on inflation, inflation could in turn kill tbe program by watering tbe money, eunl bankrupt the nation. Hut tbe crowning delusion is llie built- in boomerang that will hurt mosl those now deluding themselves most in their trust in the Soeial Security program. Il weis voted in it can In- voted out any lime. Congress is so empowered. The very children wc arc saddling with the debl and future payment of this program eun refuse to pay simplv bv so instructing their congressman. Then, no Sue ieel Security program al all! Isn't it belter, therefore, lo study the program now. putting it on a sound basis, if possible, or taking sucb action as is apparently necessary, than to hem- il forced on us later ul the expense of ee greal hoax mi millions of trusting older citizens? After all. we're playing the joke on ourselves. Who i- kidding who? Also, do you feel it i- political suicide lor a congressman to call your attention lo ibis mess or do vou. loo. believe il is a congressman's duty to call il as he sees il? I have only touched some ol ihe present problems. Congressmen await your decision. Let them know. It s your future. Page 19 I ng
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