You’re absolutely right in everything you say, but... it’ll never happen.
I think things are going to get real bad so much as to say the little people will rise up with pitchforks in hand.
You can't handle the truth!!!!!
we can deal with it like grownups...or the bond market will
deal with it as reality....
Anyone 50 or under who thinks they will ever see a dime of SSI is living in a dream world.
SSI is a big zero in my retirement plans.
They should cut their losses. Just say “sorry, we were wrong — that was a tax not an enforced savings plan” and just stop it. End the program and end the deduction.
Cloward-Piven is being enacted.
Wake up Americans!
The government’s meddling will only deepen and prolong our troubles. The only remedy is to get the government and its oppressive taxation out of the way of business, and that may never happen.
Just once I would love to see a politician tell the truth. That America is broke, that Congress over the past 70 years spend the money that was supposed to be for social security and Medicare and that starting next month there will be no more welfare or foodstamps. I know it is a dream but it does have to happen son before everything crashes down.
You know what. The worst IS ahead and it IS going to hurt.
But I don’t blame Obama for not telling the truth.
If you said anything remotely negative about the economy being in trouble the last several years here on FR you were run out.
If you were on the mark like Peter Schiff you were mocked and disrespected.
And so it continues.
And this magazine was one of the worst offenders in cheerleading an unsustainable bubble economy.
The way I see it the man wants to create a disaster.