Originally posted by Forever_frost
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Obama says he cannot guarantee Social Security checks will go out on August 3
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Originally posted by Hobie View PostFWIW I think SS is a good idea. That's just me. Seems like a LOT of people are too dumb to control the entirety of their retirement planning. Without a forced retirement contribution/benefit lots of people would be fucked. I don't want to get shot in the crossfire of a geriatric bank robbery.
Those who paid in for a lifetime should have more priority than the able bodied on welfare, food stamps, lonestar card, etc.
Oh and welfare and food stamps equal pennies compared to SS and medicare. Not insignificant but not near as much. Here is a link, welfare, unemployment and other "mandatory" spending is about 16%. I have seen another chart like this that broke out welfare and food stamps and I want to say it was something like 6 or 7%. Enough to worry about but not crazy like SS...
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Originally posted by Broncojohnny View PostYea...because the Republicans came up with the social security scam, it wasn't FDR.
Originally posted by Broncojohnny View PostAs for the original topic of this thread, it is alarmist bullshit. He is trying to get the old fucks that cling to the Republican party to light up the switchboard at the capitol building to make sure they get their checks in the mail.
Fact is, the old people let the government spend their social security contributions years ago. Before most of us on this board were born. They are now spending the money that my three year old son hasn't even earned yet. So, while I have to say that this country should be able to take care of its old, disabled and children, fuck social security it shouldn't get any more priority now than it ever has. Where was the priority forty years ago when government was wasting the money?
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Originally posted by Vertnut View PostIt's all bullshit and scare tactics. Entitlement programs have nothing to do with borrowed money. He decides what gets paid. He can either take care of "his people" or pay on the debt that HE created. He owns this economy, plain and simple.Originally posted by talisman View PostAlarmist bullshit... Trying to push the publics buttons to fix his problems.Originally posted by Broncojohnny View PostAs for the original topic of this thread, it is alarmist bullshit. He is trying to get the old fucks that cling to the Republican party to light up the switchboard at the capitol building to make sure they get their checks in the mail.
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As for the original topic of this thread, it is alarmist bullshit. He is trying to get the old fucks that cling to the Republican party to light up the switchboard at the capitol building to make sure they get their checks in the mail.
Fact is, the old people let the government spend their social security contributions years ago. Before most of us on this board were born. They are now spending the money that my three year old son hasn't even earned yet. So, while I have to say that this country should be able to take care of its old, disabled and children, fuck social security it shouldn't get any more priority now than it ever has. Where was the priority forty years ago when government was wasting the money?
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Originally posted by Grape View Postwait wait wait, government isn't smart enough to decide my insurance, but you think they are smart enough to plan my retirement......silly republicans, can't have it both ways.
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Originally posted by Cannonball996 View PostI am more afraid of the congress then I am of the president. so far this congress has been worthless, they bitch about jobs and the economy, but they have yet to pass a jobs bill, or any number of trade treaties, all things that will help boost our economy.
I know its not true, but it is starting to look like certain members of congress do not want to see the economy improve while obama is in office.
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The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.
Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities.
Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006Last edited by futant; 07-12-2011, 03:08 PM.
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Originally posted by Denny View PostRight. The entitlements that are "pre-paid" are not the ones that should be cut. If he cuts SS payments, he needs to be terminated. I say cut Congress' pay and benefits. They're the ones that got us into this mess....
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Originally posted by Denny View PostHAHAHA! They have you scared too!
I know its not true, but it is starting to look like certain members of congress do not want to see the economy improve while obama is in office.
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Guest repliedAlarmist bullshit... Trying to push the publics buttons to fix his problems.
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American jobs are at stake, congress needs to get off their ass and do their job.
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