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To: tacticalogic

Have you ever tried to look something up, that you had researched a couple of years ago, and now it is no longer there? I think Obama’s revisionists have been working overtime, changing gov documents and other pieces to reflect the ‘new history’ of the USA. I looked for an article about the Social Security Fund and now it’s gone....and the revisionist history is all that remains.


19 posted on 10/23/2015 2:57:56 PM PDT by originalbuckeye ("In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell)
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To: originalbuckeye
Have you ever tried to look something up, that you had researched a couple of years ago, and now it is no longer there? I think Obama’s revisionists have been working overtime, changing gov documents and other pieces to reflect the ‘new history’ of the USA. I looked for an article about the Social Security Fund and now it’s gone....and the revisionist history is all that remains.

Not just Obama's. Hillary's flying monkeys have been busy too. Try finding the accounts of her being held in contempt of court and fined for shredding the Health Care Task Force records, after the court ruled they were public documents and had to be released.

23 posted on 10/23/2015 3:09:52 PM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: originalbuckeye
I looked for an article about the Social Security Fund and now it’s gone....and the revisionist history is all that remains.

I hate to burst this bubble, but there is no "revisionist history" about Social Security, other than what a lot of people wanted to believe.

It's always been an inter-generational income transfer scheme. The only asset it has ever owned was the excess that has built up and LOANED to the federal government. That money is now being paid back, with interest, and will be gone by 2034 -- leaving Social Security to cut benefits by about 23% because they can't borrow money.

The letter you used to get from Social Security every year has been saying this for at least a decade. Most people didn't pay attention.

You can blame Congress, because they paid more benefits to your parents and grandparents than Social Security could afford. However, Social Security trustees share some of the blame because they were too optimistic about economic and demographic trends.

Countries like Singapore, Australia, and Chile have replaced their programs similar to Social Security with what amounts to a 401(k) plan:

Superannuation in Australia

Unfortunately, the US missed the opportunity to do this without a lot of pain, and we are rapidly approaching the point of no return.

25 posted on 10/23/2015 3:39:29 PM PDT by justlurking
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