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1 posted on 09/27/2009 9:16:39 AM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The List, ping


2 posted on 09/27/2009 9:17:33 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum
Social Security has accumulated surpluses from previous years totaling $2.5 trillion

The money's already been spent....

4 posted on 09/27/2009 9:22:00 AM PDT by freebilly (No wonder the left has a boner for Obama. There's CIALIS in soCIALISt....)
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To: Nachum
Gosh, the only thing left to do is raise taxes then.

Thank God for this one "cure all" to all financial issues.

5 posted on 09/27/2009 9:25:14 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Nachum

We get robbed each year and not we lose our retirements.


6 posted on 09/27/2009 9:25:33 AM PDT by mountainlion (concerned conservative.)
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To: Nachum
The deficits — $10 billion in 2010 and $9 billion in 2011 — won't affect payments to retirees because Social Security has accumulated surpluses from previous years totaling $2.5 trillion. But they will add to the overall federal deficit.

Would someone explain this to me? The federal government's accounting system is FUBAR.
8 posted on 09/27/2009 9:28:05 AM PDT by dr_who
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To: Nachum

In May I reached official retirement age. Social Security is screwing with me. It looks like I will have to keep working and use most of my savings (for taxes etc) until sometime next year.Am getting a lawyer involved.

They say they overpaid me and now want the money back. They haven’t shown me how, why or even if it was an overpayment. It’s just “trust me, we made a mistake and you have to pay for it”


9 posted on 09/27/2009 9:28:24 AM PDT by barker (Sarah Palin 2012? You betcha!)
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To: Nachum

Boomers say “Who is John Galt,” sort of.

Also, when you are 62, unable to find work, and living in an Obamaville van down by the river, you sign up for early Social Security.


10 posted on 09/27/2009 9:29:09 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: Nachum

Zero will see to it there won’t be anyone to collect SS.
Those who need health care the most will get painkillers.
They will still be made to pay hefty fines but benefits will decrease.

Medicare Advantage insurers
will raise their premiums sky high with less benefits
until Zero gets his government health rationing going,
then from what I gather, they won’t be around at all.


12 posted on 09/27/2009 9:29:55 AM PDT by TribalPrincess2U (WARNING! WARNING! "Political Terrorist in Charge" — STAY AWAY FROM MY BODY)
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To: Nachum

A graduated tax ought to fix it.


14 posted on 09/27/2009 9:32:36 AM PDT by Glenn (Free Venezuela!)
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To: Nachum
We will all be living in Obamaville, soon.


16 posted on 09/27/2009 9:33:59 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: Nachum; SierraWasp; Grampa Dave; NormsRevenge
"If they were younger, we would call them unemployed." Is he saying the unemployment rate is higher then reported?
18 posted on 09/27/2009 9:39:37 AM PDT by tubebender (Santa Claus is always jolly cause he knows where all the bad girls live...)
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To: qam1; ItsOurTimeNow; PresbyRev; Fraulein; StoneColdGOP; Clemenza; m18436572; InShanghai; xrp; ...
Xer Ping

Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.

Freep mail me to be added or dropped. See my home page for details and previous articles.

20 posted on 09/27/2009 9:40:45 AM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: Nachum

SS is bankrupt because politicians cannot resist the temptation to get their hands on that much money. And, once they do, they squander it on things it was never meant for.


23 posted on 09/27/2009 9:55:33 AM PDT by BuffaloJack (Obama, you stop lying; we'll stop callin' you a LIAR.)
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To: Nachum

Right, there are massive accumulated surpluses, and yet it will add to the deficit. What a crock!


27 posted on 09/27/2009 10:02:14 AM PDT by andyk
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To: Nachum

Why should there be any strain? It is just people collecting money they have been depositing in the “lockbox” all their lives.. </ sarcasm>


29 posted on 09/27/2009 10:09:00 AM PDT by Chet 99
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To: Nachum

in this day of instant, world wide, transactions... would someone PLEASE tell me why the social security administration isn’t doing direct deposits?

this would save on paper, man power, and time. it would save the post office all that work and reduce energy requirements to produce and ship the checks each month. it would also save granny the trip to the bank and reduce any possibility she might get mugged or that her checks could get stolen.

it would also radically cut the cost of the department by reducing the number of people required (this is most likely why it hasn’t been optimized)

and if someone doesn’t have a bank account, then give them one.


32 posted on 09/27/2009 10:45:06 AM PDT by sten
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To: Nachum

It’s called getting their money while they still can.


34 posted on 09/27/2009 10:52:32 AM PDT by boomop1
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To: ErnBatavia

Boomers fault!


35 posted on 09/27/2009 11:06:51 AM PDT by Graybeard58 ( Selah.)
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To: All; qam1; bamahead; dcwusmc; Bokababe; Nachum; wafflehouse; Leisler; PAR35; TigerLikesRooster; ...
Social Security is projected to start generating surpluses again in 2012 before permanently returning to deficits in 2016 unless Congress acts again to shore up the program. Without a new fix, the $2.5 trillion in Social Security's trust funds will be exhausted in 2037. Those funds have actually been spent over the years on other government programs. They are now represented by government bonds, or IOUs, that will have to be repaid as Social Security draws down its trust fund.

President Barack Obama has said he would like to tackle Social Security next year.

You all know what this means.

BOHICA!

Higher payroll taxes, higher Medicare taxes, health care taxes and imprisonment, the Bush tax cuts expiring, more income taxes on top of that, higher property taxes to make up for lower assessments, higher sales taxes, carbon taxes, and only God knows what else.

Bachmann and Paul, at their recent Town Hall in Minneapolis were right.

The United States government has sold all of us younger Americans into slavery. All of our future income is spoken for, we are burdened heavily with debts to bail out the banks and subsidize leftist academia and its pipe dreams, and on top of that, the statists and globalists are expecting us to continue paying for their foreign interventions worldwide.

And on top of that...they want to make Government EVEN BIGGER!

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." —attributed to Thomas Jefferson

God save the Republic.


41 posted on 09/28/2009 7:11:19 PM PDT by rabscuttle385 (Kick corrupt Democrats *AND* Republicans out of office in 2010!)
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To: Nachum

Social Security’s going broke because for years - every time a dime was dropped in the pot - it was taken out and an IOU was dropped in... They’re going to do the same thing with healthcare - with the same outcome... Broke.


43 posted on 09/28/2009 7:13:56 PM PDT by GOPJ (UN mixing democracies & dictators' is like mixing ice cream and shit-all of it stinks.(Steyn))
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