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Thread: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a future Am

  1. #91
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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by haymarket View Post
    that is not what I read elsewhere.

    Five Ways to Fix Social Security Before It Runs Dry
    I did not bother reading an opinion, I went to the actual data collected by the infernal Revenue Service and I posted a link to the actual data.

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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by MrVicchio View Post
    So you want yours and the rest of the country be damned. Got it.


    YOU old er folks never kept a good reign on the politicians, the signs of SS being raided, ripped, and ruined were there for all to see... you didn't care.

    And thus we, the ones paying for your error don't care bout YOU.
    This is a GREAT post. In a large way, it is the older among us that allowed it to happen. People have been warning of this for decades, it's not like it creeped up on anyone! I'm rich! I am personally not worried for myself or my children, and their children, BUT i Am worried about the American experiment! It can't last, and Obama, and the Dem's spending since 06 (Throw in Bush as well) has escalated the issue to coming to a head sooner rather than later. In 07 we were being warned that it wouldn't happen until 2056, well, look what happened in just 4 years.. 2020 is the new date! Not too far away if you ask me.

    SS, Medicaid, Medicare, all a pipe dream, and economically foolish! We promised a continuous supply of fish and wine instead of teaching everyone to fish and grow grapes!


    We reap what we have all sewn!


    Tim-
    “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” - P. J. O’Rourke
    “Socialism is great until you run out of someone elses money” Margaret Thatcher

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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Those are precisely the kind of mindless democrat responses they use every time financial issues are discussed. OMIGODTHEYWANNAKILLOLDPEOPLEANDWOMENANDBABIES!!!

    Meanwhile, here in the real world, the mindless spending practices of ALL politicians has put us into a debt we simply CANNOT sustain. Social Security MUST be revamped. Social spending MUST be reconsidered. If its not all the weeping and wailing and hand wringing will be irrelevant because the country will be flatass broke beyond repair.

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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by VanceMack View Post
    Those are precisely the kind of mindless democrat responses they use every time financial issues are discussed. OMIGODTHEYWANNAKILLOLDPEOPLEANDWOMENANDBABIES!!!

    Meanwhile, here in the real world, the mindless spending practices of ALL politicians has put us into a debt we simply CANNOT sustain. Social Security MUST be revamped. Social spending MUST be reconsidered. If its not all the weeping and wailing and hand wringing will be irrelevant because the country will be flatass broke beyond repair.
    No you are wrong we will not all be broke, folks my age will be drawing social security and all of the benefits we worked for and the rest of you will be working just like we did

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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by EarlzP View Post
    No you are wrong we will not all be broke, folks my age will be drawing social security and all of the benefits we worked for and the rest of you will be working just like we did
    That's a mathematical impossibility. Your generation already spent the money that should have gone toward your social security benefts on other things and now you want to double dip.

    As such, you're not asking us to "work just like you did," you're asking us to work a lot harder than you did AND to forego a much more sensible retirement solution than SS because you've been so irresponsible. And you want to paint *US* as the heartless ones.

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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by cpwill View Post
    so you tell me: which would you prefer? to turn the poor into financially independent retirees, or keep them dependent upon (smaller) government handouts financed by economy-harming tax rates?
    You and I both know lots of people who will spend all they earn and a little bit more, and forego saving for their retirement years.....
    So it would have to be forced savings.....
    Oracle of Utah
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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by liblady View Post
    it doesn't matter what it was intended to be.........many people rely on it. we need to raise the contribution cap.
    that is the main problem, people think they can rely on it to be enough.....it isn't so.
    Oracle of Utah
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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    The problem with investing your SS funds in the stock market and hoping to have more retirement income is too obvious.
    Wall Street is not a level playing field.
    Oracle of Utah
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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by UtahBill View Post
    The problem with investing your SS funds in the stock market and hoping to have more retirement income is too obvious.
    Wall Street is not a level playing field.
    It's is so obvious to see what is going on in our country, the top 1% of our population now has 40% of our nations wealth and that is not enough to satisfy their greed for power and money so they want to steal the so called entitlements of SS and medicare from those who paid into those programs for years. I have a much better idea lets replace our capitalistic economy with a socialistic economy. Trickle down has proved to be a total failure it's time to use a new approach one that is focused on preverving the middle class and giving the lower income earners a chance to share in the American dream

    Which countries are socialist?

    Socialism is a society where this large-scale private ownership of the big corporations, the banks and the land, is ended. This means that we can collectively and democratically plan how we use the world's resources. Hannah explains how:

    "This would mean bringing all the big corporations, controlling around 80% of the economy, into democratic public ownership, under democratic working-class control."

    Ordinary working class people - the vast majority of society - would then collectively own and control these wealth producing resources and would draw up a plan for their best use.



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    Re: Schakowsky tears into Cantor for saying Social Security ‘cannot exist’ in a futur

    Quote Originally Posted by EarlzP View Post
    No you are wrong we will not all be broke, folks my age will be drawing social security and all of the benefits we worked for and the rest of you will be working just like we did
    Folks like me are set and wont really be too all fired concerned about social security. And without mandated spending cuts and fixes, there will BE no social security...or any other social spending.

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