Posted on 05/27/2012 4:28:20 AM PDT by Libloather
Alan Simpson Decries 'Wretched Group of Seniors' Over Social Security
By Michael Ono | ABC OTUS News – Wed, May 23, 2012
Former Wyoming Senator Alan Simpson sent an fiery letter filled with expletives to the California Alliance for Retired Americans for a flyer the group sent out slamming the Bowles-Simpson commission report for proposed cuts to Social Security as one way to deal with the long-term deficit.
"Your little flyer entitled "Bowles! Simpson! Stop using the deficit as a phony excuse to gut our Social Security!" is one of the phoniest excuses for a "flyer" I have ever seen," said Simpson in a letter obtained by Politico.
The flyer from the group argues that Social Security is in no risk of going bankrupt.
"Even the most pessimistic forecasts say Social Security's $2.5 Trillion surplus will fund 100% current benefits until 2037, and 78% current benefits forever, even if nothing is done," it read.
(Excerpt) Read more at news.yahoo.com ...
Wow. Where is that being kept?
"Wow. Where is that being kept?"
Oh, that's in the lock box right next to the ledger which shows the lowering of the nations healthcare costs when Obamacare kicks in.
The arrogance of the ruling parasite class know no's limitations. As long as they get theirs, screw the peon (you and me).
You say it can't happen, they did it to Veterans....
“$2.5 Trillion surplus” of worthless paper IUO’s left by the rat criminals who rob from the piggy bank.
If they handled this right from the beginning. If they,our politicians,hadn’t decided to put people into the program that immigrate here and never put in. If we didn’t decide to provide hospitalization for anyone here legally or not,this could have worked.
Everyone gets SS but if u work for government u get a pension. At a multiple of SS. Very fair if you ask a government employee.
So, who’s the villain here? The people of WY for electing ol’ Alan Kooi Simpson or who? Other politicians for undermining Social Security?
California Alliance for Retired Americans is the California affiliate of the Alliance for Retired Americans which is an organization of retired trade union members affiliated with the AFL-CIO.
Simpson has been sucking on the government (taxpayers) teet for decades....the senile old goat should learn to shut his mouth....nasty old geezer....
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