Obama says he cannot guarantee Social Security checks will go out on August 3

[bcoop]

Isn't that the fucking point...that he HAD business ventures?

The more that clown posts, the more I realize he's a fucking idiot. Good thing he's a trust fund baby. He wouldn't make it on his own.

[stevo]

I believe that's been said in the thread already. Fact is: Military and SS have the money. Media/Obama camp is spinning the deficit ceiling to the contrary.

I know it had been said already, if you read all of my post you would have saw where I had quoted it. I was posting the article to show that our representatives also know he is full of shit, and that they are trying to calm people, and let them know that if they DO stop, it is because the obama regime has stopped it, not because the funds are not available.

Stevo

[GhostTX]

I know it had been said already, if you read all of my post you would have saw where I had quoted it. I was posting the article to show that our representatives also know he is full of shit, and that they are trying to calm people, and let them know that if they DO stop, it is because the obama regime has stopped it, not because the funds are not available.

Stevo

Gotcha. I just hope enough of "us" are informed to call the BS if it happens.

[SMEGMA STENCH]

So, you are saying you do not mind paying for mandatory life insurance all your life but getting told after 30 years of paying that when you die your family isn't getting jack?

Sounds smart.

Stevo

Well for starters, I'm 29 so I've already paid in tens of thousands of dollars to SS. That I'll likely never see. But even if I was going to see it... yes, I'd still have them shut it down and my money disappear. As stated, its got to end sometimes and tough shit if it hurts. That's life. I'll build wealth some other kind of way and not have to worry about it.

We need to get rid of SS but we do not need to start with the people already collecting!

Already collecting? I'd have to say no. But if not, then when? When and how is a good time? When is it going to be convenient for those who have paid in all their lives and were counting on it? Tell me when that time is. It doesn't exist. No matter when you kill this socialism, its going to hurt lots of people, real bad. Just think of all the people that were just about to retire. That year, or the next. Or even in 5 years. Its unlikely that they could build enough wealth in 5 years to take care of them for the next 20, or hell even 30 in some cases.

The more that clown posts, the more I realize he's a fucking idiot. Good thing he's a trust fund baby. He wouldn't make it on his own.

You shut the fuck up you stupid dildo. Your sheer density invalidates any opinion you may have. Go back to the corner and take the white dunce cap with you. You should change your name from bcop to denso, like the honda OEM parts supplier.

[red95gts]

As with any Ponzi scheme, when it comes to a grinding halt someone is going to get fucked. Unfortunately, the people who will get fucked are the people who are currently relying on SS.

Fast forward 30 years and the story is exactly the same, except SS will be deep in the red and we'll all be the old people. It's simply a question of reforming it while it's in the black or waiting until it's in the red. Seems like a simple decision to me.

[Denny]

As with any Ponzi scheme, when it comes to a grinding halt someone is going to get fucked. Unfortunately, the people who will get fucked are the people who are currently relying on SS.

Fast forward 30 years and the story is exactly the same, except SS will be deep in the red and we'll all be the old people. It's simply a question of reforming it while it's in the black or waiting until it's in the red. Seems like a simple decision to me.

There's a difference between reforming it and cutting it off while people are still paying into it and others are completely depenent on it.

Either way, SS is NOT the problem here. Obama is just using it to strongarm those who can't fend for themselves.

He needs to take a drive around downtown in a Lincoln convertable.

[red95gts]

There's a difference between reforming it and cutting it off while people are still paying into it and others are completely depenent on it.

Either way, SS is NOT the problem here. Obama is just using it to strongarm those who can't fend for themselves.

He needs to take a drive around downtown in a Lincoln convertable.

I agree completely. While I'm not a fan of SS in it's current form, we simply can't just cut people off that have been promised this and have paid into it. The effect on those individuals (and the economy as a whole) would be devastating.

But a reform MUST happen. My point was simply that SS is a sinking ship. If we reform while we're in the black, we've got some options. If we wait until we're buried in the red, the options become fewer and more expensive for everyone else.