Posted on 09/27/2010 7:38:57 AM PDT by Brittany Pounders
What a great way to start the week! During a debate with Republican Candidate, Ed Martin, Russ Carnahan (Democrat) gives a literally laughable defense of social security saying, “The Social Security system has been stable for more than 75 years and has one of the most efficient ratings in terms of any agency…” The crowd erupted in disbelieving laughter drowning out the rest of his sentence.
..and Congress votes themselves a raise,while no increases for SS for two years
Looks like he’s getting a taste of the “shame them”, “laugh at them” portion of Saul Alinsky! Excellent!
Later
Bookmarked for later viewing. This, I gotta see!
Once again, russ boy proves he is a few bricks short of a full load.
Saying he is as dumb as a post is an insult to posts everywhere.
spflr
Bookmarked for later viewing...
Our side wants to make social security safe - liberals want to bankrupt it and turn it into the new welfare for drug addicts...
The statement is correct. It is the most efficient PONZI scheme ever invented. It makes Bernie Maddoff green with envy.
This is how it works: The government forcibly takes 14.7% of your income. Half from the employer and half from yourself. On the half that you contributed they also count that as income. Thus a tax on the tax.
The steal it buy putting it in the general fund. This started under legislation by the DEMONICRATS and Democrat president Lyndon Johnson around 1966. If not for this the social security fund would be overflowing with money.
You retire and they steal money from your children to pay you for the money they stole from you.
Since it is "from the government" they count this as income even though it was originally taxed as income and they tax it again.
If you die before retirement you get nothing. Your wife will get the higher of her retirement or what yours would have been. If you have no wife and your children are grown, nobody gets anything. That means they stole it again.
Now for the short version.
1. They steal it.
2. They tax you for what they stole.
3. They spend it.
4. They steal from your children what they stole from you.
5. They give you "some of it" back.
6. They tax it again
7. If you die early they steal it again and your heirs get nothing or perhaps a pittance depending on circumstances.
WE ARE FROM THE GOVERNMENT AND HERE TO HELP YOU!! /sarcasm
Well, that was disappointing.
I clicked on the video link you provided and landed on a blog instead.
Here’s the direct link to the video:
http://www.youtube.com/watch?v=szvRldqV_f4
Anyone who has had to deal with SSA in the last few years, knows how horrible they are. They had a major foul up with the introduction of automatic withholding for medicare form SSA checks. It would take hours to get though to SSA and then you’d get to a malfunctioning Voice Response Unit or completely uninformed workers.
To say they are the most “efficient” is either one of the most uninformed statements ever, or it’s an incredible slap at all other government agencies.
We should probably also note that the video was produced by “sharpelbowsstl”, a blogger in St Louis, rather than the blog at your link.
bttt
Just saw that clip on FOX News. Those Dems have no shame.
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