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To: casablanca
Cool. Point me to that big pile of $$ sitting in the SS Trust Fund that was built up over the last 70 years. You mean they spent it all on general gov’t operations? BTW, Cain plans drastic free-market overhauls of both MediScare and SS.

The hell it does. Saying the Brazilian Model numerous times does not integrate it into 999. As for the so called SS Trust Fund I never mentioned it and for good reason, it never existed and never will. I can only hope the same fate befalls a national sales tax.

But I have paid hundreds of thousands of FICA and Medicare dollars to the fedguv and unlike you I am not too sanguine about standing in the same line with deadbeats who have paid squat.

46 posted on 10/13/2011 7:10:11 PM PDT by jwalsh07 (t)
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To: jwalsh07

You haven’t a clue, partner. It is the CHILEAN model. And it is basically private retirement accounts. IOW, phasing out SS as a Federal gubmint entitlement. Ask Galveston, TX how its working.
http://www.ncpa.org/pub/ba514

The SS Trust fund does indeed exist. It is full of IOUs. That money was spent.

Cain’s entitlement reform is a separate entity than 999. Job 1 is to get the economy booming. 999 will do just that if coupled with regulatory relief. Job 1.5 is drastic spending cuts and downsizing the fed gov’t (BTW, many thousands of IRS workers will be sent packing by 999). Job 2 is entitlement reform. Any President that gets these things done will be carved onto Mount Rushmore.


73 posted on 10/13/2011 7:27:53 PM PDT by casablanca
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