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Pence calls for Social Security REFORM, private savings accounts
Yahoo ^ | 2/3/2023 | Tom LoBianco

Posted on 02/05/2023 4:47:21 PM PST by AnthonySoprano

click here to read article


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To: mass55th

I know exactly where you’re coming from...


41 posted on 02/05/2023 5:30:57 PM PST by JBW1949 (I'm really PC.....Patriotically Correct)
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To: AnthonySoprano

Sounds like the Mailman (who you know is gonna run)


42 posted on 02/05/2023 5:31:51 PM PST by bigbob
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To: JSM_Liberty

The difference between relying on private financial institutions and the Federal government is that the Federal government can create money.

This means they don’t need to make a profit on their customers like a bank or stock broker would. They never have to close because of a “run” or from overleveraging loans and going insolvent.

Social Security is an entitlement. This is a promise and means that the government must pay people everything they are qualified to receive as long as the government exists. Only a sovereign currency issuer can make and keep a promise like this.


43 posted on 02/05/2023 5:32:19 PM PST by Dave Wright (i)
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To: mass55th

Exactly...Trump didn’t (and still doesn’t) speak “politispeak”...he talks mostly like everyday Americans without schmoozing people...


44 posted on 02/05/2023 5:32:47 PM PST by JBW1949 (I'm really PC.....Patriotically Correct)
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To: AnthonySoprano

Keep digging’ mikey!


45 posted on 02/05/2023 5:33:51 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: AnthonySoprano

Mike Pence is Chuck Shumner, pretending to be different.


46 posted on 02/05/2023 5:34:25 PM PST by Trumpisourlastchance
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To: dforest

Screw him! How about paying back all the money that was stolen out of the SS fund to fund all the excessive spending by the several Congresses for the past 60 years.


47 posted on 02/05/2023 5:35:14 PM PST by Parmy
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To: rktman

Social Security started out as what was supposed to be private savings accounts until the BASTARDS raided it!!!


48 posted on 02/05/2023 5:37:05 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: HollyB

It’s amazing how many people do not understand this.

It is a two-tiered system. One tier for those who have worked and paid into it for 30, 40, 50 years.

The second tier for the freeloaders. never worked for a living, never paid a cent into the program.

Just last evening I had to explain this to three fifty-somethings, very intelligent and hardworking people, how SS really works.


49 posted on 02/05/2023 5:37:23 PM PST by miserare ( Impeach Joe Biden!)
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To: Brookhaven

Good analysis. It is a dumb idea to begin with, and it can not be salvaged with talk. All people will hear is SOCIAL SECURITY and figger they are about to get screwed.


50 posted on 02/05/2023 5:38:27 PM PST by Penelope Dreadful (And there is Pansies, that's for Thoughts. +Sodomy & Abortion are NOT cornerstones of Civilization! )
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To: Brookhaven

Pence and all his advisers are just plain DUMB! 😜🤪🥳


51 posted on 02/05/2023 5:41:01 PM PST by miserare ( Impeach Joe Biden!)
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To: dforest

Biden’s diapers fill daily with a full load of Pence and Schiff.


52 posted on 02/05/2023 5:41:44 PM PST by EinNYC
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To: OHPatriot

would be a good start but that’s not going to fix it.


53 posted on 02/05/2023 5:41:52 PM PST by Jonny7797
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To: AnthonySoprano

George W Bush put some effort into this line of reforms. But absolutely NO one was interested.
I mean, the talking heads and media types ignored it. And Congress just whistled as they passed by the graveyard.
Pence is quite the idiot for raising the issue, as it will make him susceptible to attacks and ridiculous claims from everybody and his/her grandmother.


54 posted on 02/05/2023 5:42:21 PM PST by Honest Nigerian
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To: AnthonySoprano

Do you want to lose elections? Because that’s how you lose elections.


55 posted on 02/05/2023 5:43:38 PM PST by dfwgator (Endut! Hoch Hech!)
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To: AnthonySoprano

Reform...Yes just keep politicians hands off of SS and it will reform itself. Also, if you didnt pay into it, (illegals etc) You Don’t get it. My fat worthless BIL has worked a total of 6 months in his 65 years and he gets a check every month.


56 posted on 02/05/2023 5:43:49 PM PST by davidb56
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To: imabadboy99

Yes


57 posted on 02/05/2023 5:48:06 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: AnthonySoprano

Judas Pence take your coin and go away


58 posted on 02/05/2023 5:57:19 PM PST by MagillaX
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To: Trump Girl Kit Cat
Social Security started out as what was supposed to be private savings accounts until the BASTARDS raided it!!!

Sorry, but that is absolutely untrue. If somebody, some demagoguing politician, told you that, they were simply lying. Social Security, from its inception, has never been set up to create "private savings accounts." The payroll/Social Security tax is just that, a tax. The money taken in goes into the Federal Treasury, just like all tax revenues go. Money has never been set aside into individual "accounts."

The so-called Social Security "trust fund" does not contain any money. It is an accounting ledger. It has never contained actual "money." It has never been "raided," by any President at any time. That's a myth that lying politicians have been knowingly throwing out there for decades.

If you believe otherwise, I'm sorry, but you're simply mistaken.

59 posted on 02/05/2023 5:57:27 PM PST by DSH
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To: AnthonySoprano

Here we go again, Republicans want to take away your social security $$$, and end free school lunches for starving fat kids in public schools!!!!

Shame, shame.....

Fake Yahoo news....paid for bull$hit


60 posted on 02/05/2023 6:11:40 PM PST by pacificus
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