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Geithner: The Entitlements Shortfall Is Coming Sooner Than You Think
The Business Insider ^ | 8-5-2010 | Gus Lubin

Posted on 08/05/2010 9:31:11 AM PDT by blam

click here to read article


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To: DManA
the totality of govt pensions is a far, far more dangerous entity...

SS....they could shelve benefits anytime they want or make the 20yrs work to age 80 or not let us start collecting what we put in until age 80....

but the govt pensions at all levels.....sacred cow...all of them...

21 posted on 08/05/2010 10:19:43 AM PDT by cherry
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To: Recovering_Democrat
many people are not govt empolyees and get NO pension whatsoever.....like me....

SS is VITAL to people like me....

index it if you have too....there is no reason why some people get mulitple govt pensions and SS while others struggle along with SS alone...

index it....I don't like it....but there probably is no other way...

22 posted on 08/05/2010 10:22:53 AM PDT by cherry
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To: blam
Here is the 2010 Trustees Report. It is filled with propaganda about the anticipated benefits of Obamacare. I hope that the Reps tear it apart. It is nothing more than polishing a turd.
23 posted on 08/05/2010 10:24:12 AM PDT by kabar
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To: Stevenc131

Actually, it is worse than that - the SS Trust fund actually consists of paper bonds stored in a file cabinet in WV.

Reichstag fire, here we come...


24 posted on 08/05/2010 10:24:53 AM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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To: blam

No, no, no. Can’t be. The new health care reform is supposed to save all of this and make the government sound!


25 posted on 08/05/2010 10:29:00 AM PDT by keepitreal ( Don't tread on me.)
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To: patton
...consists of paper bonds stored in a file cabinet CARDBOARD BOX in WV....
26 posted on 08/05/2010 10:31:59 AM PDT by verity
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To: DManA

You can always tell when someone is an AARP member.
That’s the group still believing in the “trust fund”


27 posted on 08/05/2010 10:32:45 AM PDT by nascarnation
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To: verity

LOL - yeah. Termites - we got TERMITES...

Poof. Trust fund gone. MUST RAISE TAXES!


28 posted on 08/05/2010 10:35:33 AM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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To: blam

The wizard Geithner thinks he’s telling us something new. Bush tried to tackle these entitlements in 2006 but Pelosi and her Marxist Democrat party blocked the reform. So they created this mess or at leas made the mess even worse. The first solution is to reduce spending, downsize government by at least 50 percent.


29 posted on 08/05/2010 12:12:59 PM PDT by orinoco
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To: kabar

I had no idea my post was so ambiguous. I’ve written what you posted so many times I’m weary. Sigh.


30 posted on 08/05/2010 12:20:14 PM PDT by DManA
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To: Brilliant

I retire in 2016.

But I never expected to collect SS and have planned accordingly.


31 posted on 08/05/2010 12:34:35 PM PDT by RadiationRomeo (Step into my mind and glimpse the madness that is me)
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