The following article was composed and contributed to the BAP Bog by a local citizen, Tom Dona Rosa who has done his homework. Thank you Tom!
Each year for a number of years citizens living in the First Congressional District have received from Congressman Paul Ryan an Annual Report on the Unites States Government with the Great Seal of the Congress of the United States on it. The Report represents itself to be a an Annual Report similar to a Corporate Annual Report. We all know that Corporate Annual Reports must be a truthful and an accurate representation of the Corporation at the time that it was issued. So why would this Annual Report be any different? WOW is all I can say!! I had glanced at the others and filed them, but this one I looked at more closely and to my utter shock found out that it is a TOTAL misrepresentation of our Government’s finances!! It is in essence a FRAUD upon us because it intentionally misrepresents the income and expenses of our government!!!
For starters Paul Ryan claims that the payments to the Social Security Trust Fund and other similar programs, Medicare, Federal Unemployment, and of all things the Railroad Retirement Fund are part of the Government’s Revenue!! He calls them “Social Insurance Taxes” as if there is such a thing. It would be like Governor Walker claiming that the payments to and income earned by the Wisconsin Retirement System (WRS) is part of the income to the State of Wisconsin!! Now people know that the money that goes to the WRS for public employees pensions is NOT income to the State of Wisconsin but money being set aside and invested to pay the pensions when those public employees retire.
