Skip to comments.Perry calls Social Security bankrupt 'Ponzi scheme'
Posted on 11/10/2010 10:23:46 AM PST by LibertarianInExile
...Calling the New Deal a glut of federal programs, Perry said the creation of the Social Security system did very little to end the Great Depression...Unfortunately, the New Deal has essentially become the third rail of American politics that indiscriminately kills the political careers of any leader bold enough to criticize it or any program it created, he said.
(Excerpt) Read more at mysanantonio.com ...
The PR machine is coming out full tilt for Perry now that 2010 elections are over. Even old man Bloomberg is shilling for him--reporters were crawling all over Perry's book claiming that government was telling people how much salt they could put in their food (he did not substantiate that in the book) and suddenly, Mikey B is all about salt in food in NYC. Coincidence?
But this stuff he's shoveling about the New Deal and the feds--well, what has Perry ever done to cut Texas budgets and reduce state government? He tried to pass the biggest land grabs in the country outside of the national parks and monuments, which Texan farmers and landowners had to unite to stop. He's still trying to toll across Texas, never mind the gas taxes the state collects. He tried to rubberstamp an unproven vaccine into every Texas schoolkid's bloodstream--without any real public groundswell for this. He has continued to watch the property taxes of Texans go through the roof to pay illegals' bills--a group he won't say an evil word against (it may be he's afraid George P. might get angry).
Be careful with this one. Make him show where he's walked the walk in Texas, where he's going to favor the original Constitution over the globobaloney types and their companies, before believing the hype.
I bet he runs!!!
2012 is coming.
Rick Perry is a t*rd sandwich, Bill White was a douche bag. We smartly elected the t*rd sandwich as go of Texas because White is such a moron.
Rick Perry for president? Please no! The only way I’d vote for Perry is if that piece of garbage Jeb Bush was running against Perry.
Perry is an uber-RHINO. No thanks!
Perry is an unrepentant globalist, effectively, an intelligent version of GWB. He would be a terribly destructive President, in part, because he would be far more effective.
No doubt in my mind he’s running.
I am simply concerned that better choices might not have his p.r. machine. Perry should not be viewed as a constitutionalist conservative simply because he seems to say so.
In Before “Big Hair Perry is a new world order RINO socialist who is doing nothing about the border” reality challenged individuals.
“Rick Perry is a t*rd sandwich, Bill White was a douche bag. We smartly elected the t*rd sandwich as go of Texas because White is such a moron...Rick Perry for president? Please no! The only way Id vote for Perry is if that piece of garbage Jeb Bush was running against Perry...Perry is an uber-RHINO. No thanks!”
I’d have to at least consider a vote for Perry if Specter, Lugar, or Crist were running against him...but yeah, generally, we agree. 8^)
“Perry is an uber-RHINO.”
Do go on. Evidence, anecdote, reason, rhyme? Any intellect at all behind your sh!t-slinging?
Try grounding yourself in reality.
Nothing. Perry is a stinking big-government RINO. A Bush-Lite. I'm just waiting for the next Perry boondoggle to come down the pike.
Big Hair Perry is a new world order RINO socialist who is doing nothing about the border.
Good luck with that request.
The shrill and unjustified hatred of Perry by some here on FreeRepublic is nothing short of insane.
Perry is an open-borders RINO.
Perry will be the 2012 Republican nominee, and will destroy Obama.
Another open-borders Texas LBJ “republicant-replicant.”
Perry’s whole family are Dems.
Here is a picture of Rick Perry trying to hand O'Zero a letter asking for federal help on the border.
But Frantzie says "Perry is an open-borders RINO."
Rick Perry Derangement Syndrome on display.
Maybe Perry will touch that other third rail of open borders and illegals invading and bankrupting America.
I will not hold my breath. He is amnesty McCain with a better hair do.
How is that dead guy who got shot by Mexicans in that lake doing?
See post 18
We get a story with Perry saying what NO Republican is willing to say regarding Social Security, and in response from the likes of you is wild hallucinations.
Surely you are not a troll, so why so removed from reality?
I’m just curious what you would have Perry do? Should he bankrupt Texas securing the border and have Obama and his house of nuts file suit against us for doing what the federal government should do but won’t? And what should he be doing about the “dead guy”? Again, should he be sending the Texas National Guard down to drag the lake?
Perry is just asking money for illegals not protecting the border.
I take back the "surely you are not a troll" comment.
IS the US ready for another governor from Texas? I am mixed on Perry. He’s been a decent governor, but nothing special. Definitely far superior to all the alternatives we have seen. Not really interested in a Perry presidency.
It looks to me like Tricky-Ricky was just politicing and campaigning.
Nice try, but nowhere in the articles you link quote Perry as saying he would veto any such legistlation if it comes for his vote. He said that he was concerned about certain portions of the law, which I’m sure you and the other derangement brigade members take it as support for amnesty, open borders and more sancuary cities for the drug cartels.
Perry would be correct.
The Trans Texas Corridor which was an attempt at outright theft of private property, attempting to mandate that Texan girls HAD to be vaccinated with Guardasil and his lack of protecting the borders. That should be enough. Oh, he signed a bill implementing a business income tax. They can call it a franchise tax or whatever they like but it is still an illegal income tax under the Texas Constitution. His penchant for special sessions really hack me off too.
He is a professional politician and that is about his only real skill. He started out as a Democrat and associated with flaming liberals early on. He is a buddy of Al Gore. Perry has never been a conservative in most ways until recently. Why? That is how he can get to a higher office, which is all he cares about because what else can he do? Being a professional politician is all he knows.
With all this said I'm glad that Perry is gov of Texas and Bill White is not. I have met and been around both of them. Bill White is borderline insane when it comes to being a liberal. Perry is just another professional politician who is going to check the direction of the wind before he does anything. Rick Perry for President of the United States? Yea, compared to Obama I'd say yes but Rick Perry has no business being in the same office as Ronald Reagan once was.
Perry likely would never have been Texas Gov. if not for Bush retiring to run for president. Perry has been VERY lucky in every election he has been in. He has had crummy opponents time after time and in the recent election the Republicans could have got a ham sandwich elected gov if it was on the ballot. Speaking of Bush, according to more than one lobbyist I know Bush and Rove have always referred to Perry as "the dumbass" in private. The TTC and the Guardasil issues showed me that Perry is not the brightest bulb. Being around him a few times has convinced me he does not have the intellect to be President of the United States. He is heavily handled whereever he goes and he has been doing a very good job of playing conservative lately. Barring a brain exchange with NJ Gov. Chris Christie I'd never support Rick Perry for President unless it was the same situation as we just had in Texas where Perry is running against a puke like Bill White.
That is my "Evidence, anecdote, reason, rhyme? etc..." you asked about. I've been following Texas politics and politicians for a long time and I don't make statements like I did about Perry without having some good resaons to. My reasons for not supporting Perry for President may not be good enough for some but they will do for me....
It is essentially a Ponzi Scheme...
No essentially needed. It is a textbook Ponzi scheme.
Thanks for coming back. Trans Texas, Guardasil, and borders. Got it.
1) Perry was commissioned in the United States Air Force, completed pilot training and flew C-130 tactical airlift in the United States, the Middle East, and Europe until 1977. He left the Air Force with the rank of captain, returned to Texas and went into business farming cotton with his father.
2) In 2003, Perry sponsored a controversial state constitutional amendment to cap medical malpractice rewards.
3) In 2009, turned down approximately $555 million in stimulus money for unemployment insurance.
4) Talks a good game regarding Social Security, illegal immigration, and the 10th Amendment.
1) In 1984, Perry was elected to the Texas House of Representatives as a Democrat
2) In 1998, Perry supported Al Gore's candidacy.
3) In 1989, Perry became a Republican 4) Has a terrible record of action regarding mandatory, medically questionable inoculations, illegal immigration, the proposed Trans-Texas Corridor, and the 10th Amendment.
He speaks and runs as a conservative border-line Libertarian, and governs closer to a Rockefeller Republican.
Don’t forget he supported in-state tuition for illegals.
Mandating vaccinations are neither conservative or liberals.
You wouldn't know a RINO if sat on you.
I started out as a democRAT too, as did millions of us.
Let's get down to the point shall we?
You and all of the "gov Good Hair Perry is a RINO" idiots are freaking insane. PERIOD.
Maybe then we should have a new name for Rick Perry that might be more agreeable to you. How about CINO? Conservative In Name Only.
I made no comments on Perry's hair. It is nice though. That's for sure. Heck, I've hardly ever commented about Perry here on FR period. He just is not that big of a deal to me. He is a lighweight.
Perry indeed advocated the theft of land via the TTC. That is hardly conservative. Mandating what an underage woman MUST do with her body and requiring that she ingest a particular drug via executive order is hardly conservative. Nor is signing a bill in to law establishing a state corporate income tax conservative.
You seem really wrapped tight when it comes to Rick Perry. To the point that you seem comfortable with calling anyone that is not a Perry fan an "idiot" and "insane". That seems a bit much but you are entitled to your opinion even if it is delivered with little class. I've been hanging around here for a decade and you are the first fellow Freeper to call me an idiot. I can't recall ever being called that before by anyone. Or that I am insane. LOL! Whatever...
CINO. Yep, that fits Rick Perry.
If the name fits, wear it, or ignore it. Tell the nazi's at your local health clinic that you no longer want any vaccinations of any sort. Tell the nazi's in your state, that you want all the interstate highways given back to it's original owners.
I have lived thru Lowel Wicker, Bob Micheals, Christine Whitman, Gerald Ford, John McCain, Lindsey Graham and many others, but when I see the same said about Rick Perry, my BS meter goes off the charts.
Sorry if I insulted you, but I am lost for the proper words to describe someone who claims that Rick Perry is a RINO.
He is the first one out of the box with the truth. McJeb would never admit it.
It is a ponzi scheme.
He said he is not running but he will.
Yeah I can’t remember what but he did something to tick me off.
I would vote for Perry if he was the nominee, but may I remind you that Texas’ Governor has no real power and should disqualify anyone who has ever been Governor from running for President.
As the debate on immigration reform intensifies, the focus must remain on border security and the federal government's failure to adequately protect our borders. Securing our border is a federal responsibility, but it is a Texas problem, and it must be addressed before comprehensive immigration reform is discussed, Perry said in the statement."
I agree with every word.
The anti-Perry brigade, like we've seen so often, is just typical DU Republic behavior, insulting republican politicians every chance they get, in an effort to make themselves look important.
Perry is not a conservative. Never was and never will be.
Surely you jest!
GWB is more intelligent than Perry. You obviously drank the "Bush is stupid" koolaid. Not so.
GWB is eons smarter than Perry.
If something is a Ponzi scheme, shouldn't it be shut down and not fixed?
No, I listened to what he said and watched what he did, you know, genius moves like an education system designed by Ted Kennedy, McCain Feingold, or installing Brenner in Iraq and Parsky in California.
Very interesting posts on Gov. Perry.
To reform S.S. we are going to need somebody who appreciates the role it plays in providing a floor under the working class. But, generally speaking, people who are born into Republican families are tone deaf with regard to the working class. They tend to think everybody is able or should be able to buy insurance, save for retirement, and so forth. When, the truth is, there’s a percentage of people who somewhere in between being truly self-responsible and not being self-responsible at all.
We can transform S.S. from a Ponzi scheme into a funded, actuarially-sound and fair system, as well as introduce a degree of choice and privatization. But, it is going to take modern day versions of people like Pat Moynihan and Bill Bradley, and the pre-2000 Joe Lieberman who are truly for the working class and not socialists.
If Rick Perry came over to the Republican Party because he realized the Democrats are no longer the party of the working class within the context of a capitalistic society, then he sounds o.k. to me. Let us, in the Republican Party, represent both those who sign the back and the front of a paycheck, and let the Democrats represent the intellectual elite and the moocher class.
But, generally speaking, people who are born into Republican families are tone deaf with regard to the working class. They tend to think everybody is able or should be able to buy insurance, save for retirement, and so forth.
You make it sound like one must have insurance and savings for retirement. Civilization has been getting along fine for millennia without those things universally enjoyed. In its proper context, insurance and retirement savings are desired luxuries traditionally obtained as a reward for diligence and responsible living.
I remember a money guy talk about a client of his, a pastor and his wife, who served a rural community for most of his life and while he was compensated no more than ten grand a year wanted to know if he could afford to retire on the amount he was able to save and invest. The investment planner looked over their accounts and discovered by frugal and responsible living they were indeed millionaires. Now we have this gross obscenity called "pensions" that permit deadbeats to retire and live on guaranteed income for decades being granted literally millions in dollars of benefits over their retired lifetimes. And to think that pensions and SS didn't kick in until one reached the average life expectancy age.
When, the truth is, theres a percentage of people who somewhere in between being truly self-responsible and not being self-responsible at all.
So? What is your point? That despite every advantage that civilization offered them, they still didn't manage to squirrel enough away to enjoy the lifestyle of the rich and responsible? I'm guessing that there are two things running through your mind: (1) That insurance and a pension are Human Rights, (2) You don't understand what moral hazard you are making by saying that NOT finishing the race still earns you a prize.
From a historical perspective, modern Americans have no excuse for not having insurance and retirement simply because up we haven't had the asset dissolving activities that everyone else throughout time and space had to endure. Specifically, we have had K-12 education guaranteed to all. We haven't had wars that turned our industry and homes into rubble. We have had the most stable economic environment since Ancient Rome, which has provided to all the most leisure time per capita known to mankind. In other words, because of our Christian Heritage, the united States has been blessed more than any other nation. And yet here you are bitching about some hypothetical group that despite all of the Divine blessings and every advantage somehow can't star on Robin Leech's program without first pillaging someone else.
We can transform S.S. from a Ponzi scheme into a funded, actuarially-sound and fair system, as well as introduce a degree of choice and privatization.
Guaranteed pensions are a plot from the Pit of Hell. Reorganizing it doesn't cleanse the smell of smoke and sulphur from it.
We are told in Scriptures that the poor will always be among us, that if one doesn't work he shouldn't eat, and not providing for one's own and family is worse than being an infidel. God also says that He is not mocked, "Whatever a man sows, that is what he shall reap". Yet, you are open to people sowing cell-phones, lottery tickets, liquor/drugs, bling, fashion, cars, big homes, sloth, serial broken families and then praying for a crop failure.
Whatever happened to all of those Proverbs? What about Aesop's fables - the whole "Ant and the Grasshopper" thing? For whatever reason, it seems that sin, recklessness and irresponsibility should always be rewarded. The Marxists and Progressives simply add "at the expense of the Productive and Responsible". People like you simply don't add that necessary ingredient the Progressives realize is true.
Don't pretend that wishing universal health and retirement is noble. It requires breaking at least two commandments of God "Thou shall not covet thy neighbor's goods" and "Thou shall not steal". Pretending that it doesn't have to happen that way adds "Thou shall not bear false witness."