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Graham: Reduce benefits for wealthy seniors
Charleston City Paper ^
| 2011-01-02
| Greg Hambrick
Posted on 01/02/2011 10:24:47 AM PST by rabscuttle385
Seniors should be older before the receive Social Security and wealthy Americans should receive less benefits across the board, says Sen. Lindsey Graham, R-S.C.
He made the argument in an interview on Sunday's Meet the Press, but it's a position Graham has advocated for on the stump in South Carolina, including a 2009 stop at The Citadel with Sen. John McCain, R-Ariz.
"What I'm going to do is challenge this country to make some hard decisions," Graham said at the time, telling the crowd of cadets, Tea Partiers, and Graham supporters that they shouldn't give Congress a pass on the tough stuff.
(Excerpt) Read more at charlestoncitypaper.com ...
TOPICS: Breaking News; Crime/Corruption; Government; News/Current Events; US: South Carolina
KEYWORDS: 0pansification; 0pansy; 0ponzi; 112th; doasisaynotasido; fascism; greeniguana; lindseygraham; linseedgrahamnesty; mcbama; mccaintruthfile; mclame; mclamesbff; mclameslapdog; mclamespoodle; mcqueeg; medicare; metrosexual; rino; socialinsecurity; socialism; socialist; socialsecurity; southcarolina; spain4just75000day; wagyabeef4only100lb
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To: rabscuttle385
I just wish that someone would step up to tell the truth about SS - it's not about the wealthy getting their money back, the problem was not funding it from day one to cover those that did not pay in but started to receive benefits anyway
and turning it into a welfare program (covering the disabled, death benefits to children/spouse, etc).
I'd guess that math on the low end payments don't work out that well either, producing another short-fall to fund the welfare state.
We seem screwed.
241
posted on
01/02/2011 2:18:57 PM PST
by
unique
To: All
A suggestion here. Let’s take a stab at trimming back gov’t employee benefits (perhaps means testing?) before anything is done anywhere else.
242
posted on
01/02/2011 2:19:55 PM PST
by
abb
("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
To: Postman
LOL. I was kind of reluctant to put it away. Nothing would surprise me anymore.
You know, If they did what I said, I still think we would let them get away with it.
Pretty sad.
243
posted on
01/02/2011 2:20:17 PM PST
by
dforest
To: FlingWingFlyer
but there are in a sense since SS/Medicare is a welfare payment more than anything else. Why are we issuing checks to wealthy (asset income) people when the program is insolvent?
244
posted on
01/02/2011 2:21:28 PM PST
by
misterrob
(Thug Life....now showing at a White House near you....)
To: Mariner
You’re not advocating cutting it. You’re advocating theft from the people who have put the most into it. All you want to do is tinker with the amounts being stolen and from whom.
245
posted on
01/02/2011 2:22:28 PM PST
by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: Mariner
Do you not understand the difference between a government welfare program and a private investment account?I keep hearing that the money I was paying into SS all those years wasn't real money, so I guess anythings possible.
Like I asked before, since the contributions you alleged to have paid into your retirement account cost the government the time value of the deferred taxes, whats to stop them from appropriating it as well?
They did it with SS, after all.
246
posted on
01/02/2011 2:22:39 PM PST
by
skeeter
To: misterrob
but there are in a sense since SS/Medicare is a welfare payment more than anything else. Why are we issuing checks to wealthy (asset income) people when the program is insolvent? That's not accurate. If they paid into it, it's not a welfare program. If someone didn't pay into it and receives a payout, THEN it is welfare.
247
posted on
01/02/2011 2:24:06 PM PST
by
abb
("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
To: Lurker
"Youre not advocating cutting it. Youre advocating theft from the people who have put the most into it. All you want to do is tinker with the amounts being stolen and from whom."
That's not true. I do, and have, advocated for complete elimination of the program.
Absent that, I support any and all reductions.
248
posted on
01/02/2011 2:24:33 PM PST
by
Mariner
(USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
To: drbuzzard
If you took away all taxes on dividends and capital gains, millions of worker bees would grow financial wings. There would be a much higher incentive to work and save, and many more people moving from the middle to upper class.
But the democrats are going to make sure that never happens. They will bust you up every 20 years or so.
249
posted on
01/02/2011 2:25:22 PM PST
by
bukkdems
(Moral people; speak out against polygamy and ban the burqa!)
To: skeeter
"whats to stop them from appropriating it as well"
It's called the rule of law.
That said, I don't have a 401k. I have no tax deferred accounts.
250
posted on
01/02/2011 2:26:53 PM PST
by
Mariner
(USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
To: Mariner
It's called the rule of law.Oh, thats a good one.
251
posted on
01/02/2011 2:29:26 PM PST
by
skeeter
To: Mariner
"whats to stop them from appropriating it as well"
And yes, the commies MAY come after "tax deferred" accounts.
We M U S T make the government smaller, much smaller.
252
posted on
01/02/2011 2:30:12 PM PST
by
Mariner
(USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
To: drbuzzard
Yes, theft from me instead of theft from youth. Brilliant moral ground youre standing on there.You completely missed the point.
To: abb
The fact that people receive benefits who have not paid into it makes is a welfare program. And, SCOTUS ruled back in 1960 that SS is an entitlement program and open to amendment or abolishment by Congress. The whole retirement angle was a con job.
254
posted on
01/02/2011 2:30:57 PM PST
by
misterrob
(Thug Life....now showing at a White House near you....)
To: Beelzebubba
Float the retirement age annually as needed to achieve annual break even. Sanity emerges on this thread.
255
posted on
01/02/2011 2:32:44 PM PST
by
Jacquerie
(Great nations are born Stoic and die Epicurean.)
To: Mariner
Now, THAT makes good sense!
256
posted on
01/02/2011 2:33:10 PM PST
by
Postman
To: Mariner
And yes, the commies MAY come after "tax deferred" accounts.And they will use the very same reasons you advocate here for SS.
THAT is my point. For the sake of expediency YOU are giving them the means.
257
posted on
01/02/2011 2:33:21 PM PST
by
skeeter
To: Mariner
Where have you been for the last two years? We no longer have rule of law, Chrysler and GM investors and hundreds of years of law- poof gone by a corrupted lying judge...Voter intimidation-nada-Bernanke raping the country -nada-Dodds and Franks conflicts of interest-nada-a President who lies at will-nada-A Supreme Court who refuses to answer legitimate eligibility questions-nada....the only law is by the elites against the peons. Invest in Pitchforks and Torches.
258
posted on
01/02/2011 2:33:51 PM PST
by
rolling_stone
( *this makes Watergate look like a kiddie pool*)
To: BunnySlippers
So, it IS about class warfare!Always is - just seems odd that some freepers have taken the same side as the democrats.
259
posted on
01/02/2011 2:37:39 PM PST
by
meyer
(Obama - the Schwartz is with him.)
To: skeeter
"And they will use the very same reasons you advocate here for SS"
It's an enormous leap from adjustments a government entitlement program to the confiscation of private savings accounts. However, I have no doubt the commies will try to make that leap.
260
posted on
01/02/2011 2:38:43 PM PST
by
Mariner
(USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
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