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Obama proposes Social Security cuts
World Socialist Web Site ^ | 12/20/12 | Patrick Martin

Posted on 12/22/2012 7:09:16 AM PST by Libloather

Obama proposes Social Security cuts
Patrick Martin
20 December 2012

**SNIP**

The White House decision to propose cuts in future Social Security benefits is of enormous political significance. Social Security has long been characterized as the “third rail” of American politics—touch it and you die. Obama and Boehner are seeking to break this taboo and create a new political framework for imposing brutal austerity measures on working people.

Whatever the immediate outcome of the talks in Washington, whether or not a deal is reached before December 31, the overall direction is clear: entitlement programs like Social Security, Medicare and Medicaid are to be gutted. The only significant area of federal spending will be the military-police agencies required to defend the interests of the financial aristocracy—overseas against foreign rivals and revolutions, at home against the American working class.

(Excerpt) Read more at wsws.org ...


TOPICS: Crime/Corruption; Editorial; Government; News/Current Events
KEYWORDS: cuts; obama; security; social
Maybe call it socialist security?
1 posted on 12/22/2012 7:09:24 AM PST by Libloather
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To: Libloather

Since when is SS an entitlement program? It’s a contract. The feds have been extorting my money for 50 yrs and using it.

I want my money back.


2 posted on 12/22/2012 7:16:30 AM PST by gasport
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To: Libloather

Brutal austerity measures = reality


3 posted on 12/22/2012 7:16:52 AM PST by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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To: Libloather

A memeber of Congress after 15 years can get their pension at age 50 — bastards!!!


4 posted on 12/22/2012 7:17:09 AM PST by avacado
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To: Libloather

Best to decrease the surplus population.


5 posted on 12/22/2012 7:20:22 AM PST by mikec256
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To: gasport
Since when is SS an entitlement program? It’s a contract.

You should take a copy of that contract you signed down to your lawyer's office and have him look it over.

6 posted on 12/22/2012 7:21:07 AM PST by Wissa (Gone Galt)
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To: Libloather; All
LL!
given who and what 0Buttcrack is all about....

7 posted on 12/22/2012 7:24:41 AM PST by skinkinthegrass (Who'll take tomorrow,spend it all today; who can take your income & tax it all away..0Bama man can :)
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To: Libloather

The Second American Revolution is coming sooner that we all think.....red


8 posted on 12/22/2012 7:24:41 AM PST by rednek ("Light travels faster than sound. This is why some people appear bright until you hear them speak.")
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To: gasport
I want my money back.

Exactly. I want back what they ripped out of my paychecks for 45 yrs without my permission then I'll go away. With interest, of course.

9 posted on 12/22/2012 7:28:26 AM PST by TangoLimaSierra (To the left the truth looks like Right-Wing extremism.)
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To: Libloather

Bump


10 posted on 12/22/2012 7:30:00 AM PST by CitizenM (Obama - The architect of the decline of the U.S.)
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To: gasport

Its worse than that. You pay income tax on the money they take out of your check for SS, and then you pay income tax again on the amount they give back each month during retirement


11 posted on 12/22/2012 7:30:26 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: Wissa
You should take a copy of that contract you signed down to your lawyer's office and have him look it over.

The problem is too many lying, thieving lawyers in this country. Politicians are mostly failed lawyers on the government payroll.

12 posted on 12/22/2012 7:31:17 AM PST by vortigern
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To: gasport

It’s not a contract. If you die one day after retiring, your adult heirs will get nothing and the government gets it all. It’s a redistribution scheme taking money from the people that work all their lives and gives it to the retired.


13 posted on 12/22/2012 7:34:51 AM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: Libloather

New Year’s prediction for our upside down nation:

Barkey will give another speech memorializing victims of the Sandy Hook shooting. He will claim that SS cuts will prevent gun violence and the MSM will take this up as part of their battle cry. Barkey’s approval rating will soar to 75% and grandmothers will march in favor of the cuts in front of the White House.


14 posted on 12/22/2012 7:34:55 AM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: gasport

I’ll settle for half my money back now and count me out of the program altogether


15 posted on 12/22/2012 7:36:45 AM PST by PMAS (All that is necessary for the triumph of evil is that good men do nothing)
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To: gasport
Since when is SS an entitlement program?

In general I hate the term entitlement. Just how in the hell did someone get entitled to empty my wallet at the point of the federales' gun? One possible exception is Social Security because it was sold to the public as an "insurance" program of some type.

It’s a contract.

Absolutely not. The Flemming v. Nestor Supreme Court ruling in 1960 made it very clear that SS is not a contract and that you have no vested right to it. Congress could scrap the whole program next week if it wanted to and you would have no right to fight it in court.

I want my money back.

Don't we all. I just don't plan on getting any in 20 years. I expect all the "ants" to have their Social Security to be taxed or means tested away to pay for the ever increasing number of "grasshoppers".

16 posted on 12/22/2012 7:38:57 AM PST by KarlInOhio (Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
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To: Libloather

Course when Dubya wanted to reform this in his administration to gradually phase in private retirement plans for the younger and future generations, we all remember how the Democrats were blowing blood vessels and spouting lies about how the Republicans wanted to take away Grandma’s SS funds.


17 posted on 12/22/2012 7:44:34 AM PST by 3catsanadog (No more blaming Bush, Obama-now you inherited the mess you made.)
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To: gasport

Oh no no no no no no no no - Been working 45 years, and I’m 1 year away from retirement. Keep your limp wrists off my SS benefits, you pansy-a$$ed SOB.


18 posted on 12/22/2012 7:47:03 AM PST by fivecatsandadog (Reality ruins everything.)
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To: Libloather
Obama proposes Social Security cuts ...

Actually, he is working VERY hard for SS cuts, medicare cuts, medicaid cuts, welfare, etc .... all "entitlement" programs.

The main problem, though, is the method he is choosing to do so. By driving up the debt to epic levels with near-Ø interest levels, winding up the proverbial spring so-to-speak, so that when we no longer can borrow/print, the interest rate jump collapses the dollar. Entitlements? Gone... Poof!

19 posted on 12/22/2012 7:48:45 AM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: 3catsanadog
Bubba proposed privatizing it before Bush.

Here's the real problem...Medicaid should have been a totally separate program.

20 posted on 12/22/2012 7:53:52 AM PST by Sacajaweau
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To: Libloather
As time progresses, there are ebbs and flows in human freedom, justice, and sociopolitical systems. This is measured generally in centuries, not lifetimes. There are always those who are hurt in the process, and whose lives are riddled with injustice. I'm not defending this as inevitable, but I do believe that this is happening now to many people. We are in a time of worldwide social uncertainty, and the socialists/communists and their equivalents have been working for many decades now to push their agenda - the setback represented by the collapse of the USSR notwithstanding. That said, just because something is horribly unfair doesn't mean that it can't or won't happen.

I think we've been conditioned for so long to believe that justice will be done, and that the right things will occur in the end, that we forget that history is filled with those individuals who were treated unfairly and for whom justice was never done in the course of their lifetimes. So, yes, it is entirely possible that you and I and all of us who have paid into social security will never significantly benefit from it, while able-bodied mentally healthy people who did not work hard and did not pay into it will reap benefits from it. It is also entirely possible that the entire working life efforts and savings of people who are now close to, or already in retirement will be diluted so much by the devaluation of our currency that they will never come close to the kind of retirement lives that they worked so hard for - and will not have nearly as much to give their children and/or grandchildren as they thought they would in return for their hard work and sacrifice.

I'm not being fatalistic here, but I think it's very important that we all keep in mind that the world won't automatically be fair for us. We have to work to prevent injustice from happening to those we love, and to us, and this is a long and continuous process.

21 posted on 12/22/2012 7:54:42 AM PST by pieceofthepuzzle
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To: Libloather

I told my wife just this past week that I suspected in the near future that they would come up with some deal to cut SS by 1/3. Cut that, say $1,000 monthly check to $700 or so each month, even to those already getting it, not just futures.


22 posted on 12/22/2012 7:54:58 AM PST by RetiredArmy (1 Cor 15: 50-54 & 1 Thess 4: 13-17. That about covers it.)
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To: avacado

I thought they ‘get’ their money after only one term. Hope I’m wrong but this is Congress I’m talking about.


23 posted on 12/22/2012 7:56:02 AM PST by Rockiette (Democrats are not intelligent)
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To: TangoLimaSierra

Hell, I’ll be 62 on my next birthday. I’d be happy as hell if they just gave me back what they took from me, and I won’t even demand interest!


24 posted on 12/22/2012 8:04:45 AM PST by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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To: PMAS
I want it all back. Plus compounded interest.
25 posted on 12/22/2012 8:11:34 AM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Libloather.
...whether or not a deal is reached before December 31, the overall direction is clear: entitlement programs like Social Security, Medicare and Medicaid are to be gutted. The only significant area of federal spending will be the military-police agencies required to defend the interests of the financial aristocracy.
"Financial Aristocracy" -- gotta love that World Socialist Website.


26 posted on 12/22/2012 8:18:59 AM PST by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
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To: TangoLimaSierra
I want back what they ripped out of my paychecks for 45 yrs without my permission then I'll go away.

But what will you do if they simply decline to return it? They're thinking you will do nothing. They're quite confident of it. Virtually nobody ever does anything but take it on the chin.

27 posted on 12/22/2012 8:24:56 AM PST by HomeAtLast ( If you care to reply, PM or risk non-detection amid ME ping list entries)
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To: Libloather

Take a look at Obama’s SS cuts closely. He is proposing to keep payments to those that paid into it low while not affecting payments to the moochers who get SSI. For us serfs that Social Security supplemental security income, for the moochers it’s known as crazy money. More people have gotten SSI over the last four years than got jobs.


28 posted on 12/22/2012 8:30:37 AM PST by shoff (Vote Democratic it beats thinking!)
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To: Rockiette

Congress Pensions: http://en.wikipedia.org/wiki/Congressional_pension

I was wrong, full pension at 50 years of age after 20 years.


29 posted on 12/22/2012 8:39:19 AM PST by avacado
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To: Libloather

Plunder & Death = Socialism/Totalitarianism 2.0

Plunder the productive, abort the elderly/infirm/useless eaters.


30 posted on 12/22/2012 8:51:31 AM PST by PGalt
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To: RetiredArmy

I also think anyone who has a 401K will have their SS reduced to compensate for it; it’s “only fair”. They currently do that with financial aid and such; why wouldn;t they do it elsewhere?

Sadly I know many people who max out their contributions because they have no other deductions (children, mortgage interest/property taxes); in the end they’ll be penalized (like the ants when the grasshoppers come looking for their supplies).


31 posted on 12/22/2012 9:11:19 AM PST by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: csmusaret; All
check this out....

Galveston County: A Model for Social Security Reform | NCPA
http://www.ncpa.org/pub/ba514

...If only. :^(


32 posted on 12/22/2012 9:13:27 AM PST by skinkinthegrass (Who'll take tomorrow,spend it all today; who can take your income & tax it all away..0Bama man can :)
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To: avacado
PLUS--the have been investing in TSP--the Thrift Savings Plan- for decades. it IS aprivate retirement fund; one Federal employee I know of personally had $50,000 in his TSP account before he died, after just 7 years of Federal employment. And he did not have the BIG BUCKS Congress critters have to invest in TSP.

But do you EVER hear mention of TSP?

No!--because it would make fools out of every politician who screams bloody murder about letting the "unwashed masses" have access to PRIVATE retirement plans.

Would love to see some real "investigative reporter" start looking at what the liberal Congress critters have earned through their TSP accounts--bet it's up into the hundreds of thousands, if not more!

33 posted on 12/22/2012 10:07:38 AM PST by milagro (There is no peace in appeasement.)
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To: RetiredArmy

Barbara Boxer a few years back proposed something similiarto that, that we get a lower percentage of the money.. but she did not mention cutting her federal pension!!!


34 posted on 12/22/2012 11:22:13 AM PST by JoanneSD
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To: TangoLimaSierra
Exactly. I want back what they ripped out of my paychecks for 45 yrs without my permission then I'll go away. With interest, of course.

I will take mine in the form of gold bullion.

35 posted on 12/22/2012 12:33:53 PM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: milagro

Members of the military can invest into TSP. I did as Navy officer just 3 years ago.


36 posted on 12/22/2012 9:36:57 PM PST by castlegreyskull
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To: Libloather

boner and obama are working together. And this is why the republicans didn’t want the white house or the senate. obama can cut SS, the senate will rubber stamp anything he wants and the house will finally be compromising.


37 posted on 12/22/2012 10:23:02 PM PST by Terry Mross
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To: gasport

>> Since when is SS an entitlement program?

It’s a game the #ing scumbags are playing.

A FReeper recently posted his SS check was labeled: Federal Entitlement Payment.


38 posted on 12/22/2012 10:26:44 PM PST by Gene Eric (Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
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To: PMAS

“I’ll settle for half my money back now and count me out of the program altogether”

I tried to give them all I had paid and never collect if they let me off the hook not to pay into it ever again 60 years ago the they refused!!

I did quit paying in 1978 by putting all the corp. assets in a dummy leasing company and never taking wages again, only taking all compensation as rent!!!

There is more than one way to skin a cat!!!

I’ve collected both halves that I had paid in plus interest and all my checks I consider profit!!!


39 posted on 12/22/2012 10:32:39 PM PST by dalereed
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To: Gene Eric

Seriously? I thought all SS payments were now done electronically?


40 posted on 12/22/2012 10:55:10 PM PST by Reddy (B.O. stinks)
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To: Libloather

It WILL be cut for

1) those who haven’t suffered ‘historical disadvantage’

2) those who vote Republican


41 posted on 12/23/2012 5:25:01 PM PST by 4Liberty (Some on our "Roads & Bridges" head to the beach. Others head to their offices, farms, libraries....)
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To: pieceofthepuzzle

I liked your post (#21). Your posts are often thoughtful. In this case, you pointed out what a lot of people overlook, i.e., life often isn’t fair and many who get the shaft are wholly undeserving of it.


42 posted on 12/23/2012 7:40:24 PM PST by OldPossum
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To: HomeAtLast
"But what will you do if they simply decline to return it? They're thinking you will do nothing. They're quite confident of it. Virtually nobody ever does anything but take it on the chin."

Exactly. Lots of bigger talkers taking it in the @ss and doing nothing about it.

43 posted on 12/23/2012 10:10:17 PM PST by CatOwner
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