Virtues & Vices of Social Security (pt.1)

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"In a few years, wage-earning contributors to SS may become aware that the Surplus Trust Funds were routinely spent as government's general revenue and were not needed to pay SS benefits to the Baby Boom and will neither be available to recompense wage-earner-contributors nor pay SS benefits. Will the evidence of this grand political theft then become a political issue?"

Text of Virtues & Vices of Social Security (pt.1)

  • PART I

    VIRTUES (Teleology) and VICES (deontology)of

    PART I assesses economic value provided by Social Security (SS) since itsinception in 1935 and paradoxical political values of opposition. Thispolitics is not uniquely American. Rather, it is indigenous to debate wagedin ancient Greece between the Sophists and Socrates, which was about physisand nomos as maybe first defined by Hesiod in the 700's BC:Affirming empirical materialist nomos, classical Sophists chose to ignorelogical antecedents of deliberate reasoning as represented in the accountsand works of Socrates, Plato and Aristotle: Classical conservative values arethose of the Sophists empirical mechanist material sides of life: they arestuck in an ideal orthodox nomos-based causal mechanism. Strangely,however, these conservatives called themselves classical liberals. Thedistinction between conservative and liberal was thereby confused. At leastuntil subtle paradoxical meanings of mechanists deontology is appreciated.

    This anthology, section 250.1, represents THE CONCLUDEDPURPOSE, PART 1, of DeYoungs research document:

    Our Federal Savings Plan.

    by

    M. H. DeYoung

    All rights reserved.

    TOPICAL GUIDE: PART 1 FOREWORD 3PREFACE 5

    Desiderata 5The Federalist Agenda 10Tautology (revisiting truth and reasons veracity test) 12social usage, 14mercantilism 17Corporate mechanisms and the Whig scheme 21Legal positivism 22

    The real cultural war is only partly economic 30 Liar paradox 32

    Economic Paradox 34tautological applications 36

    Rational Empiricism 38inflations main cause 40Categorical Imperative 43economic incentives are important and necessary 44

    254 Politics of Social Security 48SS insurance comes of age 56Inflations cost, put onto SS, must be recompensed 59

    public apathy prevails 60255 teflon-coated mechanist lies (Duty sans Purpose) 76256 Preserving mechanist Economic Baby 88

    Capitalisms propensities for growth 92in a static economy there is no place for profit! 93question of where profits come from. 93

    257 Sweet Business Deals: Governments contracted mechanisms 100the state lives at the expense of every one. 103-4questions raised by Bastiat remained unanswered. 104Henry Georges basic criticism is moral, not mechanistic 106The problem is of all unearned income 106

    258 Population Changes 120260 SSs Economic Value 126252 Comparative SS Applications 134253 Pensions 181

  • FOREWORD 3

    Only principle founded on logical necessity is temporally pure natural truth:1

    necessary 3. Logic. a. that cannot be denied because denial wouldentail contradiction of what already has been established: a necessarytruth. b. that cannot be avoided or escaped because based on apremise known to be true: a necessary inference. Definition requires that necessary principle has logically coherenttrueness with all other truth. Sans logical coherence, asserted or affirmedprinciples are of fallacious predicate value and are, therefore, false.Despite popular orthodox dogmatic belief, as in Positivism, nihilism,mechanism, or unitary materialism, for instance, are invariably, partlyat least, pernicious forms of deceit, and lying. It follows, therefore, thatmechanisms determinism (unitary materialist belief that the universebehaves like a big machine), fails as logically necessary principle: cannot bea true principle! Logically, mechanism is an example of MartinHeideggers irrationalism. 2

    Here begins the contest between rationalism and irrationalism thathas been in progress to this day in every conceivable disguise andunder the most contradictory titles. Irrationalism is only the weaknessand failure of rationalism and hence itself a kind of rationalism.Irrationalism is a way out of rationalism, an escape which does notlead into the open but merely entangles us more in rationalism,because it gives rise to the opinion that we can overcome rationalismby merely saying no to it, whereas this makes its machinations themore dangerous by hiding them from view. [depicting endemism]Deontology often is irrationalism-based (is of temporal ideological nomos)while teleology is naturally rational (is logical ideology, of physis). Nomos-based duties and physis-based purposes, respectively, are (1) human affirmedideological deontology that is paradoxical, or (2) logically of naturalteleology that whether of physis or nomos is ideologically without paradox.Deontological duties, like taxes, often are materialist irrationalism-based,where paradoxical political interests constantly embroil the ideological

    4 250-260 SS: VIRTUES and VICES

    nomos. As, for instance, irrationally mechanized political duties maskpernicious economic endemism, which inflation phenomena, G. P. Brockwayobserved, was primarily caused by governments mechanism-based economiclicense, he called the Bankers COLA, which despite irrationalism,government must ensure since political economy was officially asserted asa principle: states grant licenses to banks to charge interest on loans theymake. This legally affirmed Bankers COLA is the consumer-cost ofborrowed money, which is largely made possible from bank deposits. Addedto this consumer-cost is the banks cost of using fiat money, whichgovernment created to serve the economic utility of commerce.** Parrington observed that this deontological grant of license has resulted ingovernments irrational giving to Peter by taking from Paul. Also, stategovernment grants private businesses license to similarly mechanisticallyprofit from economic exploitation to the extent that political economy willallow. Myriad personal misfortunes, which competitive economicmechanism deterministically has caused, entrap equally deserving economiclosers: governments paternalism, of mechanistic rewards to those whopersonally gain from economic exploits, unconstitutionally denied to thelosers equal shares in the economic growth. However, governments3

    growing public debt is officially excused, or ignored, because the cost ofmechanized growth ultimately and inevitably, as was mechanisticallydesigned, sifts downward onto wages-earned: onto societys Pauls, ofParringtons above observation. Mechanistically, constitutional equal rightsare irrationally compromised by governments paternalistic licensing andgrants [which economically are given precedence to citizenship].

    Government creates ubiquitous fiat money for the exchange of goodsand services (a holistic teleological purpose). And it regulates politicaleconomy, setting rules of conduct (deontological duties). Government,therefore, ultimately, directly is responsible for causing inflations economicendemism. When fairly used, money is the nations utility for exchangingand distributing goods and services (which Adam Smith had defined as anations wealth). But when unfairly misused, it fundamentally,

  • PREFACE 5

    mechanistically causes inflationary endemism: when the intended utility ofmoney fallaciously is deemed as nomos-defined personal property(TREASURE rather than the NATIONS WEALTH), political economysresults as fallaciously, mechanistically (unnaturally) fit Parringtons Peter-Paul paradox.

    Unitary materialist Political Economy, which deliberately conflatesthe human essence reality, is a nomos-based consequent, that classically,fallaciously became affirmed as the nations antecedent economic principle:judiciously it was legalized to serve mechanized, deontological dutiesrather than teleological purposes. Political Economys privatizedparadoxical nomos-based mechanisms, of the official legal irrationalism,consider that the Social Security systems teleology threatens their paternalmechanist grants. But, paradoxical incoherences, as inflation, displaymechanisms irrationalism. Natural consequents irrationally asserted asnecessary principles became governments vices that, politically were alsomade SSs vices.

    PREFACE

    When colonials demanded the Bill of Rights, they intended to curbthe clasical mercantilisms deprivations: tyrannous mechanistic duties that hadDesiderius effects, and to leave behind them, they immigrated to America.Colonials rejected the proposed Constitutions discreet political intent toreturn American culture to conditions they had left.

    Desiderata, is prose found where its unknown author had put it, inan old church of Fifteenth Century America.

    DesiderataGo placidly amid the noise and haste, and remember what peace theremay be in silence. As far as possible without surrender be on goodterms with all persons. Speak your truth quietly and clearly; and listento others, even the dull and ignorant; they too have their story. Avoidloud and aggressive persons; they are vexatious to the spirit. If you

    6 250-260 SS: VIRTUES and VICES

    compare yourself with others, you may become vain and bitter; foralways there will be greater and lesser persons than yourself. Enjoyyour achievements as well as your plans. Keep interested in your owncareer, however humble; it is a real possession in the changingfortunes of time. Exercise caution in your business affairs; for theworld is full of trickery. But let this not blind you to what virtue thereis; many persons strive for high ideals; and everywhere life is full ofheroism. Be yourself. Especially, do not feign affection. Neither becynical about love; for in the face of all aridity and disenchantment itis perennial as the grass. Take kindly the counsel of the years,gracefully surrendering the things of youth. Nurture strength of spiritto shield you in sudden misfortune. But do not distress yourself withimaginings. Many fears are born of fatigue and loneliness. Beyond awholesome discipline, be gentle with yourself. You are a child of theuniverse, no less than the trees and the stars; you have a right to behere. And whether or not it is clear to