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1 posted on 04/28/2005 7:14:15 PM PDT by crushkerry
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To: Grampa Dave; LincolnLover; jmstein7; backinthefold; .cnI redruM; OXENinFLA; Badeye; K1avg; ...

Ping


2 posted on 04/28/2005 7:14:28 PM PDT by crushkerry (Visit www.anklebitingpundits.com for great original conservative commentary)
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To: crushkerry

President Bush is showing his socialist bent, again.
I don't like it.


4 posted on 04/28/2005 7:20:17 PM PDT by sarasmom
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To: crushkerry

He did pretty good with Soc Security, but since he was asked about the judiciary, he should have had more ammo ready to use.

Instead of just saying he opposes judges legislating from the bench, he (and all on our side) needs to start reeling off a list of the most outrageous examples of judges acting like kings and imposing for the Left what would be or already has been rejected by the people.


6 posted on 04/28/2005 7:23:17 PM PDT by Aetius
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To: crushkerry
Someone mentioned "wobbly" Republicans are the ones that could nix the reform for SS. Maybe someone can explain how bills pass? If the Republicans hold the majority in the Senate, they can pass anything they want, correct? Unless enough Reps ally with the Democrats to defeat a bill? Or is it more complex than that?

The President mentioned it would be the option of the social security contributor to where they invest. They can have stocks or bonds. What about just plain annuities? Or Term Deposits? My concern is how 401Ks function. My wife's company only offered 8 mutual fund choices. 2 were interest bearing, and the other six were stock market funds. Would contributors have more flexibility than that? I assume they could just designate a financial institution as to where their money will go and then sort their investments with the bank?
7 posted on 04/28/2005 7:23:46 PM PDT by Lord Nelson
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To: crushkerry

Judged on style, he was pretty good: animated, prickly when misrepresented, funny and well-studied.


8 posted on 04/28/2005 7:24:33 PM PDT by Petronski (Pope Benedict XVI: A German Shepherd on the Throne of Peter)
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To: crushkerry
Bottom line is that the President did a good job tonight...

"Good job" OR "snow-job"?

NO mention of the illegal invasion through the gaping hole called the "MEXICAN BORDER"??

No, Ill NOT give Dubya a "good job" score.

Try a "D" for "Disingenuous Drivel."

17 posted on 04/28/2005 9:18:10 PM PDT by F16Fighter
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To: crushkerry
As far as the substance of means testing goes I'm generally in favor of it, especially with regard to entitlements. I'm aware of valid criticisms that ask why should someone be "punished" for being successful. But here, the system is going bankrupt and it may be the 'least worst" option that has a realistic chance to get somewhere.

BS. As long as SS is a mandatory system, why should it be means tested? If what you put into the system bears no relation to what you get out of it, then it is just another wealth redistribution scheme that no self-respecting conservative should accept. Allowing the government to establish means testing is fraught with all kinds of problems. A person's economic situation can change dramatically, even after 62. And whatever means testing is proposed will not affect the looming demographic problem created by the huge cohort of baby boomers who will be going on the rolls in a few years. It will be our children and their children who will pick up the tab. "I got mine, sorry you can't get yours" won't sit well with those born after the cutoff date.

SS does not have to go bankrupt if some changes are made. Personal accounts linked with a reduction in the defined benefits portion of the system can put SS on a firm financial basis permanently.

But the best thing is that by means testing social security you get away from a mentality of a "universal entitlement". Once you put a dent in the fact that someone is "automatically" entitled to a certain benefit level, then you undermine support for the program.

Rather specious reasoning. The reason there is a mentality of "universal entitlement" is due to the fact that SS is compulsory and there is a specific formula, which is used to compute benefits based on contributions. Once you delink contributions from benefits, you will have a political firestorm, which will cause the politicians to bend to the popular will and be gone.

If someone is not "automatically" entitled to a defined benefit, that is when you "undermine support for the program." Who wants to pay into a system and not get any or little benefit? SS is already taxed based on other sources of income.

22 posted on 04/28/2005 10:04:34 PM PDT by kabar
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To: crushkerry
But the best thing is that by means testing social security you get away from a mentality of a "universal entitlement".

...and jump right back into that frying pan known as income re-distribution -- to say nothing of the government engaging in a "bait and switch" scheme with citizens. You don't get out of failed socialist schemes by coming up with more crooked socialist schemes.

24 posted on 04/28/2005 10:29:59 PM PDT by Bonaparte (Of course, it must look like an accident...)
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