ObamaDeathCare was passed on Sunday.
4 days later, they announce Social Security has passed the “tipping point” which wasn’t supposed to happen until 2017.
Now, perhaps I’m just a cynical person, but am I supposed to believe that AS THEY WERE RAMMING OBAMACARE THRU, they DIDN’T know the truth about Social Security? Then suddenly, 4 days later, they “learned the truth?”
In other words, they obviously SUPPRESSED the news about Social Security until AFTER they could ram thru ObamaDeathCare.
Why isn’t the GOP making more noise about this blatant deception?
Vote all of the bums out!
bttt
The health care fiasco, of course, is only a way to increase government revenue in order to p[ay for the failed Ponzi schemes of Social Security and Medicare. The unanswered question is, how long can the ruling class keep the ship afloat through deception and treachery.
Gee! another unexpected development.
Representatives in BOTH parties have long since ceased to care about how much we spend. Its all about doing whatever is necessary to win the next election—longer term consequences be damned. Unfortunately, this is a PROVEN strategy because most Americans think short term also. This especially applies to Seniors who figure they won’t be around in 20 years anyway.
Social Security opened full of IOU’s congress at work for years.
http://www.freerepublic.com/focus/f-news/2480118/posts
Social Security to See Payout Exceed Pay-In This Year
NYTimes ^
Posted on Thursday, March 25, 2010 10:19:24 PM by quesney
The bursting of the real estate bubble and the ensuing recession have hurt jobs, home prices and now Social Security.
This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.
Stephen C. Goss, chief actuary of the Social Security Administration, said that while the Congressional projection would probably be borne out, the change would have no effect on benefits in 2010 and retirees would keep receiving their checks as usual.
The problem, he said, is that payments have risen more than expected during the downturn, because jobs disappeared and people applied for benefits sooner than they had planned. At the same time, the program’s revenue has fallen sharply, because there are fewer paychecks to tax.
PONZI SCHEME.
It amazes me that anyone would be surprised by this. My father told me not to count on Social Security being there for me at retirement age when I was sixteen and to prepare for my own retirement with no outside help. I will be eligible to collect social security next year.
I was criticized just prior to the Christmas Eve vote in the Senate.
The Dems had 60 votes, I knew they were going to pass something.
I thought we should thank our lucky stars there was no public “option” in the Senate bill.
I was told I was naïve, that the Dems just wanted to get their foot through the door.
And that somewhere down the line, the fiscal mess we’re already in will get that much messier.
And more severe measures will be called for, like a public “option.” Like single-payer.
All that and more may be true.
Where I differ from my friends is that I do want universal coverage. And in order to achieve that goal a “strong” individual mandate is a necessity.
But any individual mandate, whether it’s strong or weak, is un-American.
Americans must choose to participate. And I do believe many will.
RomneyCare has a “soft” individual mandate.
I’m not sure what that means. I don’t have a good answer on this one.
Then Scott Brown won in Massachusetts. We all thought that was a game changer.
But it turned out not to be.
Truth be told, the House had every right to pass the Senate bill “as is.”
But when the Dems decided to go for reconciliation on the fix-it bill, that’s when they crossed the Rubicon.
What should have happened?
The Senate bill and the House bill should have gone to conference.
Any conference report would have faced a 60-vote threshold in the Senate.
And we would have ended up with a much better bill, and a much less bitter populace.
So what now?
Only the small-brained would believe Pelosi’s utterances about ObamaCare being fiscally responsible.
So I hope the right doesn’t blow this.
Please remain calm and don’t go off the deep end.
Listen to Paul Ryan. Listen to Regina Herzlinger. Listen to Judd Gregg.
And other experts on health care reform who must guide us now on the best path forward.
Most importantly, please nominate candidates who can win.
We have the middle and we must hold on to it.
Yes, that squishy middle that so many of you abhor.
This is the group that elected Obama.
And this very same group is the only one which can save us from the worst excesses of ObamaCare.
Blessed Is Truth
http://blessedistruth.wordpress.com/2010/03/27/a-%e2%80%9ctemporist%e2%80%9d-teacher/#comment-2863
For the first time, Social Security will pay out more in benefits than it receives in tax revenue, to the tune of $29 billion... Continued high unemployment means there are fewer paychecks from which to deduct Social Security taxes. Meanwhile, many who can't find work are applying for benefits much earlier than they'd planned. The so-called tipping point wasn't supposed to arrive until 2017, according to current congressional projections.