[NormsRevenge]

the tune flows thru my head.. apologies to simon and garfunkie

Mama don’t take my entitlement away
Mama don’t take my entitlement away

Mama don’t take my entitlement away

NOOOooOOOoo..

[NormsRevenge]

When Kimchi Meets Fan

developing *-?

[Lucky9teen]

But...but...Harry Reid said it was fine.

“No, this is something that’s perpetuated by people who don’t like government. Social security is fine, are there things we can do to improve social security? Of course, I’m not going to go to backdoor methods to whack social security. I’m not going to do that, we have a lot of things we can do with this debt. But one places I’m not going to be part of picking on is Social Security”

[circlecity]

"And Social Security, which last year began paying out more in benefits than it collected in taxes, now faces insolvency in 2036,"

Uhhh, if it's paying out more than its taking in then it's already insolvent. And those bogus IOU's don't change a thing because there's no pot of gold set aside to pay them off. We have to borrow to pay the difference, a classic sign of insolvency. If your empty left pocket owes your empty right pocket $1000 dollars, your right pocket is still broke.

[the_devils_advocate_666]

Great, social security benefits are going to run out just in time for me to collect them. But they’ll probably up the age in the next 15 years anyway.

[Tzimisce]

See what you greedy, thieving taxpayers are doing to our society?!

I hope you’re happy with yourselves!

/sarc

[NormsRevenge]

Oh that Timmy..

Billionaire investor Warren Buffett (C), chairman and CEO of Berkshire Hathaway, sells jewellery to Cheryl Stich (L) and her mother Dione Kempinsky, both of Los Angeles, at Borsheims jewelry store in Omaha, Nebraska, May 1, 2011. Buffett made a short appearance as a jewelry salesman at Borsheims on Sunday as part of the events for Berkshire shareholders. Buffett, who is called the "Oracle of Omaha" and one of the world's richest men, attracts about 40,000 people a year to the city for the annual meeting of his ice-cream-to-insurance conglomerate Berkshire Hathaway Inc. REUTERS/Nati Harnik/Pool

[Ruy Dias de Bivar]

***Social Security and Medicare face an increasingly dismal fiscal future****

No it isn’t! Here is the gov’t promise from 1964!

Self-Supporting

“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government. Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”

And here is where your hard earned money went! Read and weep!

http://www.socialsecurity.gov/OACT/ProgData/fundFAQ.html#n4

THE OLD AGE PENSION CHECK
Roy Acuff & His Smoky Mountain Boys - 1939

When our old age pension check comes to our door,
We won’t have to dread the poor house anymore.
Though we’re old and thin and gray,
Good times will be back to stay,
When our old age pension check comes to our door.
When her old age pension check comes to her door,
Dear old grandma won’t be lonesome any more.
She’ll be waiting at the gate,
Every night she’ll have a date,
When her old age pension check comes to her door.

Grow a flowing long white beard and use a cane,
‘Cause you’re in your second childhood, don’t complain.
Life will just begin at sixty,
We’ll all feel very frisky,
When our old age pension check comes to our door.

Powder and paint will be abolished on that day,
And hoop skirts will then be brought back into play.
Painted cheeks will be the rage,
And old maids will tell their age,
When their old age pension check comes to their door.

All the drug stores will go bankrupt on that day,
For cosmetics, they will all be put away.
I’ll put a flapper on the shelf,
Get a grandma for myself,
When her old age pension check comes to her door.

There’s a man that turned this country upside-down
With his old age pension rumor going ‘round.
If you want in on the fun,
Send your dime to Washington,
And that old age pension man will be around.

[Marty62]

HUH, then why are the Dummies and their paid mobs accusing Repubs of wanting to kick Granny to the curb. It’s the Repubs that want to restructure to SAVE the program.

Maybe the Death camps for the elderly are going to become a reality.

[hattend]

To big to fail... right, Timmy?

[hattend]

Too big to fail... right, Timmy?

[hattend]

Caught in the sluggish recovery from the last recession

I like how they make it sound like the recession is over.

[LibLieSlayer]

Kill it all... do not raise the spending limit... force these criminals to make across the board cuts... do it now... it is our last chance.

LLS

[A_Former_Democrat]

Yet for decades we’ve been hearing about the insolvencies and people still vote the same idiots in, year after year after year. The ones without the guts to face up to the realities.

[Gilbo_3]

Social Security, which last year began paying out more in benefits than it collected in taxes, now faces insolvency in 2036, compared to 2037 in last year’s projections.

i didnt bother reading past this drivel...how the hell is it 'solvent' this yr if its currently running a deficit ???

oh thats right, the 'trustfund' hidden in the 'lockbox'...wait, WHAT ???

[soycd]

Gee, didn’t see this one coming.

Quit giving billions to illegals, lazy vermin, african aids waste, hamas paliscum and hundreds of billions of others
that have done nothing to earn ANY of OUR money we have paid into this ponzi scheme.

[HKMk23]

OK, so “Social Security is going insolvent” is ABSOLUTELY TRUE when Geithner says it as an argument for raising the debt ceiling, BUT FALSE whenever a Republican says it as part of an argument for reforming it.

[Typical_Whitey]

The Rats realizing that their bread and butter entitlements really are unsustainable are positioning to blame the needed reforms on BUSH....i.e., if Bush didn’t screw up so bad then Obama could have given us more entitlements...

[Grunthor]

“Insolvency looms for federal entitlement programs”

Oh thank God. I look forward to the videos of the riots as the inner cities burn.

[newzjunkey]

In the past when Republicans claim entitlements are going insolvent and need reforms Democrats say they don’t and nothing gets done.