I woke up this morning to a disgruntled Wisconsin Public Radio. First they had to report that Ron Johnson has pulled to a significant lead over Russell Feingold. To temper this foul news, they immediately did a report on how Johnson’s latest ad is full of falsehoods and inaccuracies – about as close as they can get to say he’s lying. They referred to his claim that Social Security is a “Ponzi scheme.” Then they explained the definition of a ponzi scheme: using new investor money to pay for commitments to old investors. ?!? How is that not exactly what Social Security is? Then they refute his claim that the money for Social Security is gone, even bringing in a professor of elderly programs. (BTW, I know a good way to cut $70,000 from the UW budget…) She says the money isn’t gone, it’s borrowed. Well that makes it so much better. Apparently accounting tricks are used to say that specific tax dollars go to specific programs, and by moving the money around you can leave a debt trail that shows everything is paid for. Isn’t that something!
It amounted to a free 2 minute attack advertisement against Ron Johnson courtesy of the taxpayers of Wisconsin. Disgusting. I can’t wait to vote!
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