Posted on 01/06/2012 6:38:10 PM PST by DJ MacWoW
KEENE, N.H. (AP) - Republican presidential candidate Rick Santorum called Friday for immediate cuts to Social Security benefits, risking the wrath of older voters and countless others who balk at changes to the entitlement program.
"We can't wait 10 years," even though "everybody wants to," Santorum told a crowd while campaigning in New Hampshire and looking to set himself apart from his Republican rivals four days before the New Hampshire primary.
Most of his opponents have advocated phasing in a reduction and say immediate cuts would be too big a shock to current and soon-to-be retirees.
(Excerpt) Read more at apnews.myway.com ...
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1994: Proposed raising retirement age, despite unpopularity.(Sep 2011)
Supports privatization if voluntary. (Sep 2006)
Switched from raising retirement age to personal accounts. (Sep 2006)
Guaranteed benefit if over 50; personal account if younger. (Sep 2006)
Raise retirement age? Maybe. Private investment? Yes. (May 2000)
Social Security needs reform sooner rather than later. (May 2000)
Voted YES on Social Security Lockbox & limiting national debt. (Apr 1999)
Voted YES on allowing Roth IRAs for retirees. (May 1998)
Voted YES on allowing personal retirement accounts. (Apr 1998)
Voted YES on deducting Social Security payments on income taxes. (May 1996)
Rated 10% by the ARA, indicating an anti-senior voting record. (Dec 2003)
Wasn’t it just yesterday we were reading how Santorum was a “Big Government, Compassionate, Conservative”?. And now an article on how he wants to throw old people out on the streets /sarc.
God help us if Obamacare doesn’t get repealed.
Just how conservative are these people complaining about what Santorum said?
Unbelievable that he would choose this to ignite his campaign. Ignite as in crash and burn...
and some of us self-employed fools paid the full amount - meaning both the non-existent employer contribution and our own.
Now, because of the humongeous health care premiums we once paid, we couldn’t save enough, so now are up the creek. No paddles remain.
We would really appreciate a check for all we have paid in, with reasonable interest, and please consider all the losses incurred by the ever-shifting tax laws which consumed our savings when the “rules” changed.
Anyone remember when they did away with the law that let us income average for the good years vs the lean years?)
We have been screweled by our congress and administration for far more years than we care to think about, and when we try to explain the late 70s/early 80s to our adult children, they get that thousand yard stare, like the old-folks are whining again.
What the heck, I can’t even get across the concept of the fiat dollar to them.
It seems that they are doomed to have to learn it all on their own, the hard way. And, then 4 generations later, there will be a reprise of the same old sad refrain.
My only advice is to get out of your 401k/IRA/stocks, etc, and grab some real money while it is still cheap. That doesn’t mean fiat dollars/computer bank entries, my friends - but silver and gold coins, or bullion. Not paper, but the real deal, in your own possession.
Even though we are presently too poor to take these precautions, and need all our savings for meeting the “assisted living” bills, you might be in a better position to protect yourselves, your children, and your grandchildren against the oncoming devastation.
Again, do your own research, and be aware of the dangers of the market gimmicks out there. Not all that glitters, etc.
and some of us self-employed fools paid the full amount - meaning both the non-existent employer contribution and our own.
Now, because of the humongeous health care premiums we once paid, we couldn’t save enough, so now are up the creek. No paddles remain.
We would really appreciate a check for all we have paid in, with reasonable interest, and please consider all the losses incurred by the ever-shifting tax laws which consumed our savings when the “rules” changed.
Anyone remember when they did away with the law that let us income average for the good years vs the lean years?)
We have been screweled by our congress and administration for far more years than we care to think about, and when we try to explain the late 70s/early 80s to our adult children, they get that thousand yard stare, like the old-folks are whining again.
What the heck, I can’t even get across the concept of the fiat dollar to them.
It seems that they are doomed to have to learn it all on their own, the hard way. And, then 4 generations later, there will be a reprise of the same old sad refrain.
My only advice is to get out of your 401k/IRA/stocks, etc, and grab some real money while it is still cheap. That doesn’t mean fiat dollars/computer bank entries, my friends - but silver and gold coins, or bullion. Not paper, but the real deal, in your own possession.
Even though we are presently too poor to take these precautions, and need all our savings for meeting the “assisted living” bills, you might be in a better position to protect yourselves, your children, and your grandchildren against the oncoming devastation.
Again, do your own research, and be aware of the dangers of the market gimmicks out there. Not all that glitters, etc.
Calling SS an entitlement really pisses me off. Working for thirty plus years and contributing my hard earned money....it Burns me using that word.
I’m not for hanging him, but I’m not voting for him.
Not that it will matter. By the time it ever gets to Texas my vote won’t matter.
I’m for Perry who outlined a sensible plan, but if Perry doesn’t make it, I’m switching to Gingrich.
We’ll save you a seat.
Amen!
The FR SSI is mine don’t touch it crowd might be happier if they went over to the DU. They’d be missed but what the hack go with your own kind.
I want your money and I want it now.
Ring the doorbell loud (I’m a little deaf in the older years) and bring cash.
I don’t trust no banks or nothin’
The posts here just confirm what I’ve been saying for years about why nothing will ever change in Washington.
Everybody wants to cut spending and pork EXCEPT for their own pet programs.
It's a Ponzi scheme. Intellectually you know this is true but you are in denial. You are not alone. Reality is bitch and sometimes it is ok to delude yourself. The problem is when people delude themselves on a public web site.
You get 6.4% of my money every month.
Social security is not a ‘pet program.’
It’s a system instituted by the government and forced on us.
A large percentage of senior citizens depend on their social security for basic living.
Perhaps it should have been changed years ago, but it wasn’t. You saw what happened to George W. Bush when he tried social security reform.
People are amenable to reform now and it can happen if a sensible, compassionate (sorry about the word—I know it offends some of you) plan is proposed.
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