Posted on 02/03/2005 6:06:36 PM PST by Congressman Billybob
John / Billybob
Well done. Always appreciate your insight.
Don't you mean $10 trillion?
Did Harry Reid mention that he grew up in Searchlight, Nevada?
He should have done something like that.
BTTT. As usual, great column (though the typical DUmmie has the IQ of the average pebble, not the smarter kumquat).
He said his mother was a sk8t3r who told him she wanted to be a little boy with a washboard under his arm at a lighthouse with a cafe. Or something.
Excellent post except I think you misplaced a decimal point. Isn't it 10 trillion instead of 10 billion?
The fact is the Democrats say the private accounts would take money 'out of' social security. Not true, the private accounts will be the new social security system. The money, apparently, will only be taken 'out of' the hands of Congress who spends it and turns it into debt.
Also, it has tape of Kennedy's afternoon rant against the Iraqis. If I find a thread on it, I'll link it here.
And a great contribution is is! Thanks Billybob!!
I think Harry Reid is saying whatever Nancy Bellicose-y tells him too.
Harry Reid on Social Security
Voted NO on Social Security Lockbox & limiting national debt. (Apr 1999)
Voted NO on allowing Roth IRAs for retirees. (May 1998)
Voted NO on allowing personal retirement accounts. (Apr 1998)
Voted NO on deducting Social Security payments on income taxes. (May 1996)
by the ARA, indicating a pro-senior voting record. (Dec 2003)
http://activote.ontheissues.org/AVA/Senate/Harry_Reid.htm
Members of Congress are covered under one of four different retirement arrangements, financed through a combination of employee and employer contributions:
• Full coverage under both CSRS and Social Security;
• The "CSRS Offset" plan, which includes both CSRS and Social
Security, but with CSRS contributions and benefits reduced by the amount of their
Social Security contributions and benefits;
• FERS (Federal Employees' Retirement System) plus Social Security; or
• Social Security alone.
Senators and Members of Congress covered by FERS also pay 1.3% of full salary to the Civil Service Retirement and Disability Fund. Members covered by the CSRS Offset pay 1.8% of the first $87,900 of salary, and 8.0% of salary above this amount, into the Civil Service Retirement and Disability Fund.
According to the Congressional Research Service (CRS), a nonpartisan department of the Library of Congress, as of October 1, 2002, 411 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service. Of this number, 340 had retired under CSRS and were receiving an average annual pension of $55,788. Seventy-one Members had retired either with service under both CSRS and FERS or with service under FERS only, and their average annual pension was $41,856.
http://reed.senate.gov/socialsecuritymyth.htm
I only read a little of the article. I'm wondering if some medicine exists that could ease these DUer's symptoms.
Laxative and marihuana!
The SS System has grown into nothing more than a SLUSH FUND for the DUMMO'S. That is ready money they can get their hands on whenever they wish and account for it which ever way they choose!
Excellent job. Thanks very much!
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