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Sen. Graham: Raise retirement age to 69 (McLame's lap dog tells 50-somethings to keep working)
The Hill, Washington, DC ^ | 2011-02-02 | Michael O'Brien

Posted on 02/02/2011 7:18:22 PM PST by rabscuttle385

Congress should cut a deal this year to raise the retirement age to 69, Sen. Lindsey Graham (R-S.C.) said.

Graham, who'd flirted last month with an increase in the retirement age to help address Social Security's solvency, backed a phased-in hike in the retirement age.

"As I said on 'Meet the Press,' I'm looking for a process that will lead to a vote on saving Social Security from bankruptcy this year, that would adjust the age," Graham said on WVOC radio in South Carolina.

Graham referenced as his model the deal cut between President Reagan (R) and Democratic House Speaker Tip O'Neill (Mass.) in the 1980s that provided for a gradual increase in the retirement age to 67.

"Ronald Reagan went from 65 to 67 with Tip O'Neill … we could use that same type system, to go from 67 to 69, for people under 55," he said.

(Excerpt) Read more at thehill.com ...


TOPICS: Crime/Corruption; Government; Politics/Elections; US: South Carolina
KEYWORDS: 112th; biggovernment; entitlements; lindseygraham; mclameslapdog; rino; socialsecurity; theponz; welfare
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To: rabscuttle385

Ponzi schemers need to be imprisoned, not sitting in the US Senate.


21 posted on 02/02/2011 7:28:51 PM PST by Rome2000 (OBAMA IS A COMMUNIST CRYPTO-MUSLIM)
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To: rabscuttle385; alarm rider; Alex1977; at bay; Babsig; BILL_C; bnelson44; ColdOne; DesScorp; ...
Uber RINO Lindsey Ping
"Republican by day, Democrat by night."


Want on or off this ping list?
Just FReepmail me.


22 posted on 02/02/2011 7:29:44 PM PST by upchuck (When excerpting please use the entire 300 words we are allowed. No more one or two sentence posts!)
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To: rabscuttle385

I’m working on a paper right now to save the Social Security system by eliminating retirement ages and requiring all receipients to be determined “disabled” and “unable to work” before collection of benefits.


23 posted on 02/02/2011 7:30:26 PM PST by Fast Ed97 (Is it bad when you start to miss the Clinton years?)
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To: rabscuttle385

Better yet, pay me back every dime stolen from me for SS, including employer part. Pay it all back with a reasonable 7% interest and I will call it even.

Sell whatever it takes to do that... even Yellowstone.


24 posted on 02/02/2011 7:30:30 PM PST by Fantomw
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To: rabscuttle385

We need to get this on the air at Fox, bigtime, start a huge push:

SS and Medicare have NOTHING to do with “government spending”.

Gov’t needs to put back EVERYTHING it borrowed from the fund.

SS & MCare PAYROLL DEDUCTIONS fund THEM.

FIT PAYROLL DEDUCTION funds the gubmint.

PERIOD.


25 posted on 02/02/2011 7:30:43 PM PST by PieterCasparzen (Huguenot)
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To: rabscuttle385

Can’t stand Grahmnesty, but he is 100% correct on this point, and I am 54 years old.


26 posted on 02/02/2011 7:31:15 PM PST by RatRipper (I'll ride a turtle to work every day before I buy anything from Government Motors.)
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To: MIchaelTArchangel
remind people that social security is NOT a retirement program.

You can say that again.

27 posted on 02/02/2011 7:32:01 PM PST by ladyjane
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To: The FIGHTIN Illini

“So those of us at 54 are screwed again. What a great country!”

I ALREADY know that I’ll get ‘screwed’. I have a decent level of savings and a decent pension coming (assuming that Obama doesn’t crash the dollar first). I FULLY EXPECT that Social Security will soon become a Welfare Program with means testing, and I will lose.

But guess what - THAT IS FINE WITH ME. Sure, it means that my retirement house will be a bit smaller, and I may not travel overseas as much as I like - but THIS COUNTRY IS BROKE and the fact that I will lose everything I paid in is ok with me - since the country (collectively) decided spending my money was more important than saving it for me.


28 posted on 02/02/2011 7:32:24 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: Bronzy
"Didn't save money for the fund? What does that mean? They paid out of their taxes and saved in their IRS’a and 401K’s."

Aye. But it means that Boomers cheered on higher government spending that raided those SS tax monies.

Now the money is gone. Too bad.

29 posted on 02/02/2011 7:32:37 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: rabscuttle385

Screw the gubmnt managing my retirement. Just give me back the money I earned and leave me alone.


30 posted on 02/02/2011 7:33:30 PM PST by Delta 21 (If you cant tell if I'm being sarcastic...maybe I'm not.)
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To: rabscuttle385

I have a great idea why don’t all you people in Wasington retire now regardless of what your age is at this current time.


31 posted on 02/02/2011 7:33:30 PM PST by proudCArepublican
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To: rabscuttle385

First off, retirement is not all it’s imagined to be.

You get bored, get behind in your payments, the kids need money, they’re pushing out grandkids, who need money, the church is pushing for a 20% tithe, your sponsored orphans in South Africa need arms and ammo, so you gotta keep working and you can never really retire...

Back to work with you...

You’re gonna die pecking at a keyboard and get no recognition. Now ain’t that a shame...


32 posted on 02/02/2011 7:34:22 PM PST by sergeantdave (The democrat party is a seditious organization and must be outlawed)
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To: rabscuttle385

I’ve got a better idea, Senator. Why not let us opt out of Social Security so we can take that money and invest it in an actual Retirement Account instead of that Ponzi scheme the government is running, and that way we can retire when we’re 55.


33 posted on 02/02/2011 7:35:07 PM PST by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: ScottinVA
When SS started, the average life expectancy was 60. Benefits were paid beginning at 65.

SS has become much more than supplemental income for old folks. SSI benefits that were added make it defacto Welfare. People hide their wealth so they can receive SSI on top of their regular SS Benefit.

Jimmy Carter changed the law so elderly legal immigrants who paid nothing into the system can get benefits paid to them from the system.

SS was rigged from the get go. FDR knew a lot of people who paid in wouldn't see a dime, but it was a carrot on a stick.

34 posted on 02/02/2011 7:35:14 PM PST by Kickass Conservative (They bring a Bible to a Memorial, we bring a T Shirt - Long Legged Mac Daddy)
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To: rabscuttle385

“Hell, let’s just call it for what it really is: another income tax!”

Of course - there is not ‘Trust Fund’. THE MONEY IS GONE. For you FReepers in your 50s and 60s, let me say that again:

THE MONEY IS GONE
(and again)
THE MONEY IS GONE

Is it sinking in yet? Your generation chose to spend that money (and more) as it came in. YOU ARE NOT ENTITLED TO THE EARNINGS OF MY CHILDREN AND GRANDCHILDREN.

Let me say that again:
YOU ARE NOT ENTITLED TO THE EARNINGS OF MY CHILDREN AND GRANDCHILDREN.

I’m sorry that the people that YOUR GENERATION elected chose to spend ALL of your retirement money, but they did.


35 posted on 02/02/2011 7:36:50 PM PST by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts)
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To: rabscuttle385

Here’s an idea. I’d like to see senators leave the senate at 60 and then spend at least 10 years working in the real world before they start drawing their fat pensions.

I don’t care if they are flipping burgers, parking cars, teaching in elementary schools or collecting trash — they’ve lived on their jawbones long enough. Get them outside and make them work for a paycheck for a few years!


36 posted on 02/02/2011 7:36:58 PM PST by Ronin ("Dismantle the TSA and send the screeners back to Wal-Mart.")
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To: Southack
Baby Boomers didn’t save money for the Social Security fund, so it makes sense that they get shafted by their own lack of foresight in the years when they controlled the government.

Dear Gen X, Y or Z-er,

Bite me!

What do you mean "save money for the SS fund?" I've been paying into the stupid thing for 30 years. What I may NOT have paid into is a retirement fund due to believing in the Ponzi Scheme titled Social Security.

Not my fault I'm a Boomer,

Maddie 10

37 posted on 02/02/2011 7:40:25 PM PST by madison10
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To: Southack
The day may come when someone such as your lame self comes seeking a sip of water. That someone will be grateful to leave thirsty.

38 posted on 02/02/2011 7:40:28 PM PST by I see my hands (_8(|)
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To: rabscuttle385

Hey, Linseed, why not just cut to the chase and say that Social Security is reparations and belongs to black people alone? Whites have to work and pay for it until the day they die.


39 posted on 02/02/2011 7:40:36 PM PST by E. Pluribus Unum ("If they bring a knife to the fight, we bring a gun." -- Barry Soetoro, June 11, 2008)
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To: CapnJack

Exactly. They would love to raise it to 120 so they would have it all to squander.


40 posted on 02/02/2011 7:41:39 PM PST by ducdriver (judica me, Deus, et discerne causam meam de gente non sancta. (Ps. 42))
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