Ask the Politically Correct!
What is the difference between Embezzlement and Peculation?
Politcally Correct Resolution:
"Embezzlement and *peculation mean almost the same thing,
but differ in that embezzlement is used mainly to describe the
criminal actions of a private citizen, such as an individual
stealing from their employer, while PECULATION usually applies
to the larger-scale misappropriation of public or collective funds
by people holding positions of trust within the organization
managing those funds, such as the government". (Wikipedia)
(Embezzlement is illegal and Peculation has been legalized
for governmental use only).
*Peculation and Speculation have two different meanings.
(You will not find the word "peculation" in any dictionary?)
PECULATION is that Marxist Progressive thing known as: "Take from
those who earned it and give it to those who didn't earn it (which
includes national and international conglomerates)"!
Actually, the word should be "piculation" rather than peculation,
in that the government "picks" a certain fund to "Borrow From"
and places these funds into another fund that will insure their
reelection! (example: Raiding earned Social Security of 500
billion dollars to pay for unearned Obama Care).
For those who say Social Security is merely an insurance program, why is
it when you make over a certain amount of income from other retirements
that you have to pay income taxes on the Social Security you receive?.
Yes it is adjusted; but, you still have to pay taxes on it. Therefore,
it is considered to be earned income and not insurance income.
Case in point. My wife and myself, who paid $1,500.00 in income taxes just
from receipt of Social Security Retirement income for the tax year 2010!
In addition to paying income taxes on Social Security, there was a forced deduction
of approximately $2,300.00 (my wife and myself) from these Social Security payments
per year for Medicare that I never use (that is until such time the government
abolishes the Veteran Administration's disability program and by that time there
probably won't be a Medicare Program either). An additional $4,800.00 is peculated
each year from my Social Security payment in that I have another retirement where
I didn't pay into social security (Windfall Profit Law). The reason for this deduction
in the retirement manual is the statement: "It's not fair that I should make more money
(even though I paid for it) than those who are in the same category". In other words,
those who retire with the same amount of years and who never worked and paid into
Social Security should not be penalized; however, we are going to penalize you
because you did. It's the same old, same old, "take from those who earned it and give
it to those who didn't earn it"!
My charity to the government, government take backs and taxes, is $20,000.00 per year!
(I guess someone has to pay for their yearly congressional pay raises)
IT'S ANOTHER GOVERNMENT "SHELL GAME" AND IF YOU DON'T WATCH VERY CLOSELY YOU
WILL NEVER KNOW WHERE THE PEA (MONEY) REALLY WENT!
I've resigned myself to the fact that eventually the government will take back
every cent that I've earned over the past 50 years. This is not about me, it's
about our grand children and the world that we are leaving them!