Posted on 10/30/2011 10:43:06 AM PDT by dvan
That is exactly how I remember it. It was either fund the war in Vietnam or fund the Great Society, and congress, if given the chance, would have funded the war and let the Great Society remain unfunded. Congress was not given the choice.
Those who bemoan the fact that seniors are receiving more (in inflated dollars) than they contributed, need only look at the amount contributed AND ADD nominal interest for the forty-five to fifty year duration to see that this argument doesn't hold up.
“Because the taxes collected from “you, and millions of other Americans” don’t come close to paying for the services you receive and expect to receive in the future.”
What the lady is saying is, if they had been safely tucked away in an interest bearing account, they would be enough.
If you want to be a constituent of the donkey party, it’s easy to do - it requires little or no work (literally).
And it explains much of your end of this exchange as well.
So who is right, Harmless Teddy Bear or you and yoe? Can’t be both.
Apparently it is more important to you to quibble about the existence of this lady, the trivial points she may have gotten wrong and where the blame actually lies than it is to support her basic message that enough is enough. A perfect example why the GOP is known as the Stupid Party.
She exposed Simpson for his words on greediest generation. All the more we should lambast him as a Republican albeit RINO. We expect this tripe from the lost cause DemoRats but sycophant RINO’s deserve scorn probably more for their traitorous votes against conservative principles. Good for her speaking out.
THe primary beneficiary of SS was/is...Congress. It was their slush fund for buying votes from the beginning. Te Dems and 'Pubs are both just as guilty.
What if the taxes had been invested with compounding for up to 50 years?
Feel free to take whatever shots you’d like from here on out - post #40 told me all I needed to know.
I’m happy to participate in a dialog that leads to the better airing of the issues; our’s pretty clearly ain’t going to be one of those.
There are no greater sponges, leech’s, trolls than a career politician, of which Simpson is one of the stars.
It takes a lot of balls for an old man like Simpson who has sucked the Government Teat all his life to call someone else a leech.
He is another like Al Gore who inherited his position from his father and didnt even have to do it on his own, and yet he calls others sponges.
Mr. Simpson KMA.
I’m only telling you what we were told by the government back in the 50’s and 60’s. The government swore that money was safely put aside for our social security benefits half a century later.
Mah frens...and you ahr mah frens...we've got these two pots of money...this pot ovah heah, th' operatin' budget...we've got moh money goin out than's comin in...but that pot oah theah, th' soshal s'cur'ty budget, it's got moh money comin' in than's goin out.
So, all we need to do, mah frens, is put those two pots t'gether. Heah? Put those two pots of money t'gether...and there will be as much money comin' in as goin' out. We can affahd to faht a wahr in Souff Vi't Nahm AND faht a wahr on povi'ty.
Thank you, mah frens...and Gawd Bless 'Merica.
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And thank YOU, Mr. President, you corrupt, duplicitous asshole.
Like this idiotic shot that suits some jr. high spat...
If you want to be a constituent of the donkey party, it’s easy to do -
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I’m happy to participate in a dialog that leads to the better airing of the issues; ...
The quote previous to that shows how full of BS you are.
Just as I remember it - and you got the accent about perfect as well!
Opening statement: ‘Alan Simpson, Senator from Wyoming , Co-Chair of Obama’s deficit commission, calls senior citizens the Greediest Generation as he compared “Social Security” to a Milk Cow with 310 million teats’.
Alan Simpson insulted every US citizen - all 310 million - many of whom have subsidized his Senate perks for decades- even as they were forced to contribute to the Ponzi schemes: SS & Medicare - foolishly expecting elected officials to keep their word and be trustees of the programs.
No , thats why his polls are so low people blame the fool in the wh no matter how the media spins
Based on what return on investment - zero?
Soc sec has taken hundreds of thousands of $ from me.
Based on simple return of about 8% - I would be a soc security millionaire.
As it is they pretend to intend to return my money to me at less than the interest rate they would earn on the accumulated capital by the time I am 67.
When 67 - they will have taken from me close to 2$ million.
And in return they might decide that may e they can pay me a few grand/month.
The whole idea of SS being squirreled away into a savings account is a willful government fiction, although you can’t really blame the peasants who believed it. The first few SS recipients got way more than they “squirreled.” But even if they are counted as special welfare cases and excluded, has SS ever acted like that?
See post 18 - we can start again from there.
I don’t have carry any brief for Simpson - he’s a RINO and a jerk. But he’s not the problem - the current structure of Social Security funding - and the Democrats responsible for making it so and keeping it so - are.
Kudos for this lady for slapping down Alan Simpson for being a dick. But if she doesn’t realize she’s been played for a sucker (as have we all) for the past 40 years, she’s missing the point.
We’re getting close to election time. Expect a bunch of articles, posts and replies pushing the general point that Republicans are just as bad as Democrats. Some of them are. But ALL Democrats are just as bad as Democrats, and until they’re marginalized, we’ll never have a shot at dealing with this stuff. Whether or not Alan Simpson ever gets a clue.
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