[Grampa Dave]

As usual the left wing mediots use the wrong terminology to scare the old people on social security.

Greenspan did not say Social Security Payments must be cut.

He said the following:

http://cbs.marketwatch.com/news/story.asp?siteid=bigcharts&dist=news&guid=%7B1BA0C453%2DFDFC%2D4C65%2D8949%2D8B337C0AE847%7D

"In his testimony Wednesday, Greenspan suggested that changes be made in Social Security to limit cost-of-living increases and perhaps to adjust the retirement age.

"We will certainly have no choice but to make significant structural changes in the major retirement programs," he said.

"Changes should be made now to allow those near retirement to adjust their plans. And obligations made to current retirees must be honored, he said."

This is the same bs that Reagan, GW or Arnold want to cut whatever, when they propose a reduction in future expenditures.

[SierraWasp]

"(John F'onda Kerry has been a Benedict Arnold and legislative terrorist since Nam!)"

Now THAT's a TAGLINUS MAXIMUS!!!

[expatpat]

You're wrong, Gramps. Adjusting the retirement age upwards cuts Social Security payments.