Posted on 09/14/2011 2:38:29 PM PDT by Nachum
Blue Dog Democrat Rep. Jim Cooper (D-Tenn.) said that most Americans do not understand that federal entitlements are not bank account programs that hold their money, adding that Social Security is not even a legal guarantee -- "Legally, they're not even promises." Cooper, asked about potential reforms to Medicare and Medicaid, said that the core problem was that the public does not understand the true nature of entitlements. Many Americans dont really realize that Medicare is a government program, Cooper said at a press conference with fellow Blue Dogs on Wednesday.
(Excerpt) Read more at cnsnews.com ...
repealsed -> repealed
I strongly suggest that you know not what about which you suggest.
The government legally owes you {and me } nothing.
The congress can pass, and the President can sign a law that ends social security today.
We could sue and scream and revolt, but the feds would owe you nothing.
Wait...is this guy a racist teabagger terrorist?!?!?!
Only those people would say something like that!!!
FICA is a tax. Like ALL taxes to the feds, it goes into one revenue pool and is spent through Congressional appropriations and as the President sees fit.
There is no SocSec lock box. SocSec is not a right that can not be found in the Constitution. The govt owes you nothing.
No. You have to be 66 to get the max you are “entitled” to.
Millions in the private sector literally live off SS, what the government confiscated from them over the course of their work histories...
This happens and I suggest the politicians campaign in armored cars, substantially beef up their security and consider walling off D.C.
Actually it keeps going up to age 70.
66 is called the “Full Retirement Age” for boomer age folks.
bkmk
And to think, this Idiot is in Congress, Have Mercy..
Government does have a legal obligation to comply with the laws it has passed, SS being among those. Of course it can change laws, but until it does it is obligated to comply.
Contract has a very specific legal meaning. Not sure what this clown thinks he’s accomplished by speaking about SS in terms of contracts. Government does enter some contracts, but it’s not contractually obligated to carry on any of its basic functions. It’s not contractually obligated to maintain an armed forces, and the armed forces have varied greatly in size over the history of the US.
I've had this conversation with a number of people in foreign countries who claim that American workers are taxed so minimally, we have nothing to complain about. When I mentioned that in addition to the federal, state, and local income taxes, we pay an additional 15% into FICA and Medicare, they all claimed, "well that doesn't count, because that's your retirement account."
No matter what I said, they refused to believe that this was nothing more than an additional tax going directly into the general fund, to be spent by the government, and there wasn't a penny with my name on it.
Unfortunately, too many Americans believe that too. I've been paying into this scam for 36 years now, and I don't believe that I'll ever see a penny of it back.
Mark
Technical question: how do you change the fonts in your posts.
Cooper has been a boil on our states butt for way too many years.
There is talk the state legislature is going to chop up his safe district.
He’s about as “Blue Dog” as Blues Clues and couldn’t find his brain if he shot himself in the head.
ELIMINATE THE SEPARATE WITHHOLDING.
I wonder if Warren Buffet collects Social Security - now that would make some headlines.
Ponzi scheme, pyramid scheme, chain letter, whatever. It’s legalized theft.
** ... lumber and nails delivered down there on the mall. Were having a party!!**
Will we need lots of ROPE or just LONG NAILS??
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.