Posted on 07/30/2009 7:25:24 PM PDT by SeekAndFind
[...]
Perhaps as early as this year, Social Security, at $680 billion the nation's biggest social program, will be transformed from an operation that's helped finance the rest of the government for 25 years into a cash drain that will need money from the Treasury. In other words, a bailout.
[...]
Unlike the pigs feeding at Uncle Sam's trough, the people who qualify for Social Security old-age benefits -- the ones who'll benefit from the bailout -- have played by the rules and paid Social Security taxes for decades. It would be immoral to tell them, "Sorry, we have to trim your cost-of-living adjustment because we can't afford it," while expecting them to continue footing the bill for bailing out imprudent people and institutions.
Why am I talking about Social Security when health care is sucking up virtually all the oxygen in Our Nation's Capital? Because Social Security is a really big deal, providing a majority of the income for more than half the people 65 and up, and also supporting millions of disabled people and survivors of deceased workers; because the collapse of stock prices and home values makes Social Security retirement benefits far more important even to upscale baby boomers than they were during the stock market and home-price highs of a few years ago; and because the problems aren't that hard to solve if we look at Social Security realistically instead of treating it as a sacred, untouchable program (liberals) or a demonic plot to make people dependent on government (conservatives).
(Excerpt) Read more at money.cnn.com ...
The elderly aren't one of the dem victim groups. But 25 year olds living on social security disability are - and that group will be protected. If you're old and played by the rules, you can drop dead while working...
IMHO, it’s a part of their earth-worship agenda.
I don't want to ruin anyone's weekend, but I ask you all to go to my Thread, and please read all the articles carefully and connect the dots. We all need to be thinking abut how to protect ourselves and our loved onesClick Here
>Unlike the pigs feeding at Uncle Sam’s trough, the people who qualify for Social Security old-age benefits — the ones who’ll benefit from the bailout — have played by the rules and paid Social Security taxes for decades. It would be immoral to tell them, “Sorry, we have to trim your cost-of-living adjustment because we can’t afford it,” while expecting them to continue footing the bill for bailing out imprudent people and institutions.<
AS IF THIS ADMINISTRATION Has any problem doing something Immoral?
I agree: END IT NOW.
Cut off the SS checks and stop stealing from workers.
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