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In response to conservative claims that the Social Security system is going bankrupt, being overburdened, etc., let me suggest that it would help everyone, including the Social Security syste,m for the government to enact policies that might keep older people in the workforce. Since enforcing...
I'm curious as to what contributors to this forum feel about Social Security. Do any posters feel that it's a dangerously socialist program? A Ponzi scheme? Running out of money? Intergenerational welfare?
In order to be completely transparent, I should note that both my wife and I collect...
I'm aware of the back and forth speculation about whether Social Security checks will go out after the August 2nd debt ceiling deadline.
I'm just wondering - since SSI checks are sent on the first of the month, which would be before the August 2nd deadline, how would Capitol Hill explain those...
Someone please correct me if I'm wrong, but aren't the bonds in the SS trust fund already counted in the debt? "Intragovernmental holdings"? I'm well aware of the intermediate and long-term issues with the social security system but it would appear that we can run the SS system for several years...
Social Security has always been Self funded. In that All the money that SS pays out comes from SS contributions. So why does it factor into America cutting benefits is it's not to steel that money for the general fund and balance the budget. Tell Obama to keep SS out of attempts to ballence the...
A lot of key recommendations are listed here, but the big ones making the headlines have to do with Social Security:
And as for tax reform:
Some of the proposed cuts—like the defense cuts—I can get behind if they were proposed as standalone objectives, but overall, this just seems like an...
The reality is that, through your work, you pay all of your social security tax, all of your medicare tax, and all of the other expenses that your employer incurs as a result of employing you, whether or not they appear as deductions on your paycheck, plus you provide a profit for your employer...
Social Security from a friend of mine....
"Just in case some of you young whippersnappers (& some older ones) didn't know this. It's easy to check out, if you don't believe it..
Be sure and show it to your kids. They need a little history lesson on what's what and it doesn't matter...
I started wondering how much I should put away for retirement. According to MSN article, it would be 15% per year. I'm pretty far behind on that, so I should probably double this number.
http://moneycentral.msn.com/content/Retirementandwills/Createaplan/P142702.asp
But, my SS withholding are...
Recession Puts a Major Strain on Social Security Trust Fund
IIRC, I was sounding the alarm a year or two ago about Social Security going broke, and got beat up by people saying everything was just fine.
Gosh darn it, who knew:
Obama taps spending watchdog, eyes Social Security
Easy prediction - NOTHING gets done in Congress, especially now that Pelosi has turned back the fairness rules put in by Gingrich. That's a real great way to win bipartisan support, Nancy.
As I read the following quote:
Source: http://news.yahoo.com/s/nm/20081229/bs_nm/us_madoff_congress
I wonder if during the hearings it will be brought up that the US's SS program is by far the largest running Ponzi scheme of them all. How is THAT not illeagal. After all, weren't they...
In a different thread, the subject of what to do about Social Security has come up. It isn't directly related to the Presidential election, yet, but it's bound to come up. Because of that, I will keep this thread in this forum.
I want to explain why the Social Security Trust Fund is pretty...
Payroll tax on incomes above $250,000
"The payroll tax is now applied to all income up to $102,000 a year, which covers the entire amount for most Americans. Under Obama's plan, the tax would not apply to incomes between that amount and $250,000. But all annual income above the...
Glenn Becks article about the 53 trillion Dollar Social Security asteroid certainly is an interesting read, but those numbers sound a little bit exaggerated:
Glenn Beck: The $53 trillion asteroid
So what are the factual numbers?
I know the Social Security Death Index has been discussed before but considering the fact that the conspiracy liars continue to use it as some sort of “proof” that 9/11 victims are still alive I thought it deserved it’s own thread.
Again, for those looking to use the Index for research...
This is actually pretty funny. It's also good grist for the "Hollywood doesn't share American values" mill. Bush wasn't in the movie voluntarily and wasn't "acting" in the Hollywood sense. Oh well, award shows are just politics. Look at Cannes, oh I forgot, those were serious and awarded 9/11 on...
February 4, 2005. Nebraska.
WhiteHouse.Gov
No, Mr. Bush. Our money may grow faster. If anyone in the finacial industry insisted that investments in equity stocks will grow faster than anything, then that person would be lying and would be subject to disciplinary measures which could...
President Putting 'Big' Back in Government
La Times.:
WASHINGTON — Even as President Bush proposes significant cuts in healthcare, farm subsidies and other domestic programs, his new budget makes one thing clear about the legacy of his first term in the White House: The era of big government...
From Talking Points Memo
http://www.talkingpointsmemo.com/archives/week_2005_01_16.php#004503
And here's the relevant snippet from the Washington Post interview where the President tries to say that the word "privitization" itself is editorializing in the question...
From CNN and AP:
More Bush bull****. Bush did not campaign actively on this issue. He made no detailed proposals during the debates, except mentioning that "younger workers ought to be allowed to take some of their own money and put it in a personal savings account" (and according to the...
Well, it looks like Bush is once again showing his liberal colors. Bush is planning on implementing social security rerform and tax reform
I mean liberal in the real meaning of the term and not the vernacular meaning.
I expect social security reform will go about as well as medicare reform...
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