bill
02-22-2005, 07:23 PM
Here you go simpletons, read this and whine!! Okay, who hasn't signed up
for Iraq yet?
The URI to TrackBack this entry is:
http://thinkprogress.org/wp-trackback.php/294
1.. Social Security as a retirement benefit is extremely important but the
discussion about need to include concern about what might happen to children
and the disabled who depend on it to support them when they are unable to
work. It appears that people who are campaigning for "private" accounts do
not understand the complete social importance of Social Security.
Comment by Jana Lane - February 22nd, 2005 @ 12:09 pm
2.. Is there some stock or bond out there that guarantees sufficient
profit to live on 30 years down the road? I think not. If there is, Bush
should come out and say what it is. of course, he has no clue.
We need to follow the potential "money trail" on this one. What
banking/investment institutions are poised to benefit the most? How much
influence/pressure are they imposing on the Administration to get this done.
And, what would the pr fallout be if brought to light?
Comment by Michael Perkins - February 22nd, 2005 @ 12:14 pm
3.. My biggest concern is this administration will do anything to get
their way. They will use the media, which we know is owned by Republican
corporations, to do and say anything to get their way. We need to get
together as a nation, and write to our local newspapers. The American people
get most of their news by turning on Fox and CNN, it is the easiest way, and
as a nation we are lazy or too busy. So lets find any way we can to make our
voices heard.
Comment by Lois Palmer - February 22nd, 2005 @ 12:19 pm
4.. One word to say about the private accounts Bush wants - Enron. Does
anyone other than myself remember the S & L fiasco of the '80s? These were
caused by the Bush brothers getting into the savings of ordinary people. The
tax payers are still paying these off - over $50 billion so far and
counting. I have never been for Social Security. I always said I would
handle it and the government would owe me nothing when I retired. Had I been
allowed to set aside what tax I have paid in over the years I worked and
drawn 3% interest I could have retired 15 years ago a multi-millionaire.
Instead the government has been allowed to steal our contributions to pay
down hugh budget deficits and not charged any interest to use it.
Comment by Edward Jackson - February 22nd, 2005 @ 12:45 pm
5.. Will Bush's group of liars and thieves actually stoop so low as to
attack ARRP and alll the senoir citizens with ridiculous lies and inuendos
?? Not too mention stupidly abusivee ads that make senoirs look like a bunch
of morons ?? When will this madness stop ?? Thers's not that much wrong with
Social Security and Bush and the Bandits, certainly can't fix the problems
with what thaey are trying to implicate. Have we really reached that far to
the bottom that we have to now attack seniors, your mothers, fathers,
grandmothers and grandfathers ?? Tell me this cannot happen in the USA !!!
Comment by dan strode - February 22nd, 2005 @ 12:53 pm
6.. Rep. Paul Ryan (R-Wis.) in his town meeting about Social Security
reform, touted individual stock and bond accounts as a way younger workers
can more than double their future benefits and put up a photograph of Albert
Einstein along with his quote about the powerful force of compound interest.
It got me to thinking about the National Debt and compound interest. Today
the national debt is $7,700 Billion. At an interest rate of 4% and a yearly
deficit of $400 Billion:
In 2018 when the Social Security Surplus fund starts living off of its
interest, the national debt will be approaching $20 Trillion Dollars;
In 2042 when the Social Security Trust fund is running low on funds the
Federal Debt will be $67 Trillion Dollars and interest payments will be
$3,500 Billion Dollars per year;
In 2052 when only 80% of Social Security benefits can be paid the Federal
Debt will be $104.5 Trillion Dollars, with interest payments of over $4
Trillion dollars per year.
Which is in "crisis" Social Security or the GOP deficits?
Comment by Jim Bartow - February 22nd, 2005 @ 12:53 pm
7.. In the month of May, sometime during the early '80s, a friend invested
his inheritance of $125,000 in the stock market. By August he was down to
$45,000, a loss of $80,000 in three months. The only one to benefit from
this loss was his friendly stock broker, who churned his account
unmercifully.
I am profoundly opposed to having the stock market handle any percentage
of our retirement funds. Social Security is one of the most successful
programs ever, leave it alone!
Comment by Dianne Faucher - February 22nd, 2005 @ 2:24 pm
8.. I think all citizens should pay ten percent of their income (just move
that decimal point one space left) to the states. All human necessities
should be provided by the states, leaving nothing but federal govt expenses
(military, international affairs etc.)The states should send ten percent of
their total haul to the feds. Period. Forget social security. People should
save for their future. I'd keep it as far away from the feds as I could,
considering their propensity for wasting it.
Comment by molly cruz - February 22nd, 2005 @ 2:32 pm
9.. This administration will do anything including corrupting a democratic
government to get Bush
's agenda through. He wants to dismantle Social Security and no amount of
truth will deture him. If he thinks history will find him a great man and
president he better think again. The only way history will find him great is
if he writes it himself. He is a liar, a cheat, a schemer and murderer that
thinks he is above the law. If something isn't done to stop this country
from going over that cliff he's leading us to, we will all be doomed. And
that Mr. President, will be your legacy. A country distroyed. History will
show you as a petty little man and a terrible President.
Comment by Debra McDaniel - February 22nd, 2005 @ 3:02 pm
10.. Bush likes to refer to Social Security as a Ponzi scheme and to fault
it for being 70 years old. No Ponzi scheme would still be functional after
70 years, or it would be a valid investment, as Social Security is. No one
looks at the US Constitution and says, "Wow, this is too old. Let's junk
it." I believe privatization of all public services is the goal of the
Republicans as it allows for their friends in business to make more money.
Medicare spends less money on administration than insurance companies and
Social Security wastes less money than brokerage houses. Let's make minor
adjustments as needed and leave Social Security and state pension funds
alone.
Comment by Liz Wolf-Spada - February 22nd, 2005 @ 3:05 pm
11.. Lets see, first a war on terror. War on Afghan, Iraq, and now maybe
Iran. I wonder where BenLauden is.? I wonder if Chaney and Haliburton will
get the contracts on Iran. Or maybe Enron retireas like Delay will carry all
the money to the bank. Then we also have the war against the poor and
seniors. Slashed benefits to the military Mr. Bush sent off to his war while
claiming to increase benefits. Cut taxes for the rich, increase taxes on
every one else. Get rid of Social Security. Use tons of money on media
blitzes full of lies. Steal 2 elections, bully the planet. All the Bush team
is cut it, kill it or drill it. Pollute the air, earth and water and back
the polluters with a free ticket the tax payers have to pay. Steal all the
money out of the Social Security trust fund to finance the rich and money
making war machine and then scream the fund is in trouble. Yep! That's the
Bush bunch and the staggering deadly legacy he is giving us including
dismanteling our constitution. Is this a great country or what, when a
reformed drunk, extreme right wing, suposed christian, from one of the
wealthiest famalies can dictate so much distruction and get away with it. I
didn't vote for him or the right wing big business waramongers and no one I
know did. How did he get there.? What are we going to do about this
dictator.?
Comment by Sharon Cox - February 22nd, 2005 @ 3:35 pm
12.. Where else can the Bushies lay their greedy hands on a large sum of
money? They can only squeeze so much from people with modest incomes and won't
burden their super-rich benefactors. Social Security is a glaring testament
to the fact that limited socialism, if properly funded and controlled does
an admirable service for retirees. This fact sticks in the craw of the
Neocons, and they're setting out to destroy it-no matter how many people it
hurts.
Comment by Bill Mac Bean - February 22nd, 2005 @ 3:54 pm
13.. No one ever talks about what such a sudden, enormous influx of cash
would do to the stock market, but I have to assume that it would artifically
inflate prices and create a false market, much to the benefit of the wealthy
already invested in stocks. I read somewhere recently that as the baby
boomers die off and the gen Xers, a much smaller group, are the main
investors in the stock market, the stock market will be adversely affected
by a much smaller investment pool. I think this is the real, unstated reason
why Wall Street and Team Bush are so anxious to infuse the stock market with
new money, to protect the wealthy from a shrinking market at the expense of
Social Security recepients.
Comment by Jaycie Ingersoll - February 22nd, 2005 @ 4:09 pm
14.. Social Security privatization was one of the subjects of today's
Brussels demonstration. See http://tinyurl.com/4lr2d
Comment by dearkitty - February 22nd, 2005 @ 5:16 pm
15.. What can I say that hasn't been said already. I just hope some
congressmen are listening.There is an election in two years, there has to
some way to stop this mad man.
Comment by Willie Loucks - February 22nd, 2005 @ 5:35 pm
16.. Could this be a sure way to keep a sinking country afloat? The dollar
is about to crash & burn, foreign investment needs one shove and the entire
group will abandon ship quicker than Ohio became a red state. Could this
scheme be the only way to keep the country solvent, keep the facade of our
financial system in the positive numbers to pacify people who insist this
country is healthy? Hell of a plan. I'm sure this is how Jesus would save
for reitrement.
Comment by Kay Kin - February 22nd, 2005 @ 6:09 pm
17.. I'm not worried about Social Security. A prolonged slump in the
market will end the debate. Only the nitwit true believers would stand in
the path of a declining market and support private accounts. Not enough of
them to pass legislation changing Social Security in any big way.
Comment by john alcock - February 22nd, 2005 @ 6:15 pm
for Iraq yet?
The URI to TrackBack this entry is:
http://thinkprogress.org/wp-trackback.php/294
1.. Social Security as a retirement benefit is extremely important but the
discussion about need to include concern about what might happen to children
and the disabled who depend on it to support them when they are unable to
work. It appears that people who are campaigning for "private" accounts do
not understand the complete social importance of Social Security.
Comment by Jana Lane - February 22nd, 2005 @ 12:09 pm
2.. Is there some stock or bond out there that guarantees sufficient
profit to live on 30 years down the road? I think not. If there is, Bush
should come out and say what it is. of course, he has no clue.
We need to follow the potential "money trail" on this one. What
banking/investment institutions are poised to benefit the most? How much
influence/pressure are they imposing on the Administration to get this done.
And, what would the pr fallout be if brought to light?
Comment by Michael Perkins - February 22nd, 2005 @ 12:14 pm
3.. My biggest concern is this administration will do anything to get
their way. They will use the media, which we know is owned by Republican
corporations, to do and say anything to get their way. We need to get
together as a nation, and write to our local newspapers. The American people
get most of their news by turning on Fox and CNN, it is the easiest way, and
as a nation we are lazy or too busy. So lets find any way we can to make our
voices heard.
Comment by Lois Palmer - February 22nd, 2005 @ 12:19 pm
4.. One word to say about the private accounts Bush wants - Enron. Does
anyone other than myself remember the S & L fiasco of the '80s? These were
caused by the Bush brothers getting into the savings of ordinary people. The
tax payers are still paying these off - over $50 billion so far and
counting. I have never been for Social Security. I always said I would
handle it and the government would owe me nothing when I retired. Had I been
allowed to set aside what tax I have paid in over the years I worked and
drawn 3% interest I could have retired 15 years ago a multi-millionaire.
Instead the government has been allowed to steal our contributions to pay
down hugh budget deficits and not charged any interest to use it.
Comment by Edward Jackson - February 22nd, 2005 @ 12:45 pm
5.. Will Bush's group of liars and thieves actually stoop so low as to
attack ARRP and alll the senoir citizens with ridiculous lies and inuendos
?? Not too mention stupidly abusivee ads that make senoirs look like a bunch
of morons ?? When will this madness stop ?? Thers's not that much wrong with
Social Security and Bush and the Bandits, certainly can't fix the problems
with what thaey are trying to implicate. Have we really reached that far to
the bottom that we have to now attack seniors, your mothers, fathers,
grandmothers and grandfathers ?? Tell me this cannot happen in the USA !!!
Comment by dan strode - February 22nd, 2005 @ 12:53 pm
6.. Rep. Paul Ryan (R-Wis.) in his town meeting about Social Security
reform, touted individual stock and bond accounts as a way younger workers
can more than double their future benefits and put up a photograph of Albert
Einstein along with his quote about the powerful force of compound interest.
It got me to thinking about the National Debt and compound interest. Today
the national debt is $7,700 Billion. At an interest rate of 4% and a yearly
deficit of $400 Billion:
In 2018 when the Social Security Surplus fund starts living off of its
interest, the national debt will be approaching $20 Trillion Dollars;
In 2042 when the Social Security Trust fund is running low on funds the
Federal Debt will be $67 Trillion Dollars and interest payments will be
$3,500 Billion Dollars per year;
In 2052 when only 80% of Social Security benefits can be paid the Federal
Debt will be $104.5 Trillion Dollars, with interest payments of over $4
Trillion dollars per year.
Which is in "crisis" Social Security or the GOP deficits?
Comment by Jim Bartow - February 22nd, 2005 @ 12:53 pm
7.. In the month of May, sometime during the early '80s, a friend invested
his inheritance of $125,000 in the stock market. By August he was down to
$45,000, a loss of $80,000 in three months. The only one to benefit from
this loss was his friendly stock broker, who churned his account
unmercifully.
I am profoundly opposed to having the stock market handle any percentage
of our retirement funds. Social Security is one of the most successful
programs ever, leave it alone!
Comment by Dianne Faucher - February 22nd, 2005 @ 2:24 pm
8.. I think all citizens should pay ten percent of their income (just move
that decimal point one space left) to the states. All human necessities
should be provided by the states, leaving nothing but federal govt expenses
(military, international affairs etc.)The states should send ten percent of
their total haul to the feds. Period. Forget social security. People should
save for their future. I'd keep it as far away from the feds as I could,
considering their propensity for wasting it.
Comment by molly cruz - February 22nd, 2005 @ 2:32 pm
9.. This administration will do anything including corrupting a democratic
government to get Bush
's agenda through. He wants to dismantle Social Security and no amount of
truth will deture him. If he thinks history will find him a great man and
president he better think again. The only way history will find him great is
if he writes it himself. He is a liar, a cheat, a schemer and murderer that
thinks he is above the law. If something isn't done to stop this country
from going over that cliff he's leading us to, we will all be doomed. And
that Mr. President, will be your legacy. A country distroyed. History will
show you as a petty little man and a terrible President.
Comment by Debra McDaniel - February 22nd, 2005 @ 3:02 pm
10.. Bush likes to refer to Social Security as a Ponzi scheme and to fault
it for being 70 years old. No Ponzi scheme would still be functional after
70 years, or it would be a valid investment, as Social Security is. No one
looks at the US Constitution and says, "Wow, this is too old. Let's junk
it." I believe privatization of all public services is the goal of the
Republicans as it allows for their friends in business to make more money.
Medicare spends less money on administration than insurance companies and
Social Security wastes less money than brokerage houses. Let's make minor
adjustments as needed and leave Social Security and state pension funds
alone.
Comment by Liz Wolf-Spada - February 22nd, 2005 @ 3:05 pm
11.. Lets see, first a war on terror. War on Afghan, Iraq, and now maybe
Iran. I wonder where BenLauden is.? I wonder if Chaney and Haliburton will
get the contracts on Iran. Or maybe Enron retireas like Delay will carry all
the money to the bank. Then we also have the war against the poor and
seniors. Slashed benefits to the military Mr. Bush sent off to his war while
claiming to increase benefits. Cut taxes for the rich, increase taxes on
every one else. Get rid of Social Security. Use tons of money on media
blitzes full of lies. Steal 2 elections, bully the planet. All the Bush team
is cut it, kill it or drill it. Pollute the air, earth and water and back
the polluters with a free ticket the tax payers have to pay. Steal all the
money out of the Social Security trust fund to finance the rich and money
making war machine and then scream the fund is in trouble. Yep! That's the
Bush bunch and the staggering deadly legacy he is giving us including
dismanteling our constitution. Is this a great country or what, when a
reformed drunk, extreme right wing, suposed christian, from one of the
wealthiest famalies can dictate so much distruction and get away with it. I
didn't vote for him or the right wing big business waramongers and no one I
know did. How did he get there.? What are we going to do about this
dictator.?
Comment by Sharon Cox - February 22nd, 2005 @ 3:35 pm
12.. Where else can the Bushies lay their greedy hands on a large sum of
money? They can only squeeze so much from people with modest incomes and won't
burden their super-rich benefactors. Social Security is a glaring testament
to the fact that limited socialism, if properly funded and controlled does
an admirable service for retirees. This fact sticks in the craw of the
Neocons, and they're setting out to destroy it-no matter how many people it
hurts.
Comment by Bill Mac Bean - February 22nd, 2005 @ 3:54 pm
13.. No one ever talks about what such a sudden, enormous influx of cash
would do to the stock market, but I have to assume that it would artifically
inflate prices and create a false market, much to the benefit of the wealthy
already invested in stocks. I read somewhere recently that as the baby
boomers die off and the gen Xers, a much smaller group, are the main
investors in the stock market, the stock market will be adversely affected
by a much smaller investment pool. I think this is the real, unstated reason
why Wall Street and Team Bush are so anxious to infuse the stock market with
new money, to protect the wealthy from a shrinking market at the expense of
Social Security recepients.
Comment by Jaycie Ingersoll - February 22nd, 2005 @ 4:09 pm
14.. Social Security privatization was one of the subjects of today's
Brussels demonstration. See http://tinyurl.com/4lr2d
Comment by dearkitty - February 22nd, 2005 @ 5:16 pm
15.. What can I say that hasn't been said already. I just hope some
congressmen are listening.There is an election in two years, there has to
some way to stop this mad man.
Comment by Willie Loucks - February 22nd, 2005 @ 5:35 pm
16.. Could this be a sure way to keep a sinking country afloat? The dollar
is about to crash & burn, foreign investment needs one shove and the entire
group will abandon ship quicker than Ohio became a red state. Could this
scheme be the only way to keep the country solvent, keep the facade of our
financial system in the positive numbers to pacify people who insist this
country is healthy? Hell of a plan. I'm sure this is how Jesus would save
for reitrement.
Comment by Kay Kin - February 22nd, 2005 @ 6:09 pm
17.. I'm not worried about Social Security. A prolonged slump in the
market will end the debate. Only the nitwit true believers would stand in
the path of a declining market and support private accounts. Not enough of
them to pass legislation changing Social Security in any big way.
Comment by john alcock - February 22nd, 2005 @ 6:15 pm