Posted on 12/09/2010 3:20:36 AM PST by Scanian
On a midweek afternoon in February 2009, a month into the Obama presi dency, Republican Rep. Mike Pence arrived at Columbus in his east-central Indiana district for a town hall meeting, the sort of event that usually attracted a few dozen constituents. Surprised to see the hallway outside the room crowded with people, "their arms folded and brows furrowed," Pence shouted down the hall to an aide, asking him to get a janitor to open the room.
The aide shouted back that the room was open -- and overflowing. Congress had just passed the stimulus (Pence voted no), and Hoosiers were stimulated to anger. Soon the Tea Party would be simmering.
Five months earlier, on a Friday, TARP had been proposed. The original three-page legislation sought $700 billion instantly, no time for questions; Pence's staff figured the cost would be about a billion dollars a word. On Saturday, Pence announced his opposition, but thought the bill would pass the House 434-1. On Monday, however, other members started approaching him, almost furtively, "like a secret society." A week later, the House rejected TARP, 205-228.
Four days later, the House passed TARP's second, 451-page, pork-swollen iteration, 263-171. That weekend, Pence, who voted no, was at a Scout jamboree at the Henry County Fairgrounds. A man approached to thank Pence for opposing TARP. The man said that although he had lost his job the day before, "I can get another job but I can't get another country."
(Excerpt) Read more at nypost.com ...
Means test all entitlements.
It wasn't an external enemy that made war on the American family.
Including social security?? I don't think so, bubba. I paid into that all my life. I shouldn't get benefits just because I worked my ass off and saved my money as well??
Pence didn’t say to means test SS. He wanted to means test the prescription drug entitlement that was going to pass whether he liked it or not.
Means test including social security. There is no fund. There never was. You’ve known that all your life as has every other baby boomer voter. You didn’t do anything about it. Kept nominating McCains and Bushs and the like. Now, we the Ponzi scheme ends one way or another. You can pretend we can keep all these obligations. But you’ll lose anyway unless you are very old.
You paid into nothing. You were taxed, along with every other worker, along with every employer, to send money to the permanently unemployed. (retired, disabled, dependents, etc) The only corrolation between what you paid and what you may receive is that you will probably receive less than 10% of the fair market value of your taxes if you live long enough.
When you die your heirs get nothing. If you die before payments start your heirs get nothing. If this were a policy there would be a payout.
This is an illegal ponzi scheme run by the Federal government. If any organization in the private sector played with money in this manner they would be fined and imprisoned.
You have paid into nothing and you have nothing, guaranteed, coming. Do not act like this is some kind of retirement program. It is not.
I pray this man is our next president!
If he can resist trying to reward illegal aliens with taxpayer funded benefits or any kind of amnesty, I’m all for Mike Pence.
It’s a ponzi scheme. If you are younger you’ll never see your money. And all the current seniors want their turn at the payout end of the ponzi scheme, country and young people be damned.
Unfortunately, there is no money to give you the refund. The govt. could print it, but if that was done for everybody the value of the money you got wouldn’t buy a dozen eggs. You, I, and everybody else paid into a Ponzi scheme and we will lose our money.
By the way, compound interest is also a scam which can only work in an expanding economy. A wise man recently said “The plan was unlimited growth. The problem is it ain’t possible.”
Plant some turnips and hope for the best.
It's a new day, and I think a lot of people are going to lose things -- whether that is fair or not. We don't have much choice, and sacrifice will come to us all.
As a Conservative, I feel that I am in a much stronger position to say "Defund the Dept of Education" if I am not also saying, "Don't touch my stuff! It's mine!"
Pence is a good man. If he runs and gets the nomination I’d vote for him in a heartbeat.
I haven’t seen the breakdown but I’m quite sure he was against the Dream Act.
Yes, I agree with you. My buyout example was offered to make the point that we have spent enough to provide for our own individual futures, but the government has cheated us.
Bush's social security reform that would have allowed younger workers to invest a portion of their FICA tax in their own (government-managed)account was a step in the right direction. But of course, democrats (the party of the l-i-i-i-tle people) had to kill anything that would make us peasants more independent.
Phase out all entitlements. There is no such thing as an entitlement.
Young folks should be spitting mad, but until the laws change, people should quit bellyaching at the seniors, they are not taxing you. Send your outrage to Washington and the IRS.
PS Hubby died at 51 and never collected anything, those that bitch all the time about the seniors must smile a lot when one dies, cause they aren't on SS anymore...
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