L!given who and what 0Buttcrack is all about....
Posted on 12/22/2012 7:09:16 AM PST by Libloather
Obama proposes Social Security cuts
Patrick Martin
20 December 2012
**SNIP**
The White House decision to propose cuts in future Social Security benefits is of enormous political significance. Social Security has long been characterized as the “third rail” of American politics—touch it and you die. Obama and Boehner are seeking to break this taboo and create a new political framework for imposing brutal austerity measures on working people.
Whatever the immediate outcome of the talks in Washington, whether or not a deal is reached before December 31, the overall direction is clear: entitlement programs like Social Security, Medicare and Medicaid are to be gutted. The only significant area of federal spending will be the military-police agencies required to defend the interests of the financial aristocracy—overseas against foreign rivals and revolutions, at home against the American working class.
(Excerpt) Read more at wsws.org ...
Since when is SS an entitlement program? It’s a contract. The feds have been extorting my money for 50 yrs and using it.
I want my money back.
Brutal austerity measures = reality
A memeber of Congress after 15 years can get their pension at age 50 — bastards!!!
Best to decrease the surplus population.
You should take a copy of that contract you signed down to your lawyer's office and have him look it over.
L!The Second American Revolution is coming sooner that we all think.....red
Exactly. I want back what they ripped out of my paychecks for 45 yrs without my permission then I'll go away. With interest, of course.
Bump
Its worse than that. You pay income tax on the money they take out of your check for SS, and then you pay income tax again on the amount they give back each month during retirement
The problem is too many lying, thieving lawyers in this country. Politicians are mostly failed lawyers on the government payroll.
It’s not a contract. If you die one day after retiring, your adult heirs will get nothing and the government gets it all. It’s a redistribution scheme taking money from the people that work all their lives and gives it to the retired.
New Year’s prediction for our upside down nation:
Barkey will give another speech memorializing victims of the Sandy Hook shooting. He will claim that SS cuts will prevent gun violence and the MSM will take this up as part of their battle cry. Barkey’s approval rating will soar to 75% and grandmothers will march in favor of the cuts in front of the White House.
I’ll settle for half my money back now and count me out of the program altogether
In general I hate the term entitlement. Just how in the hell did someone get entitled to empty my wallet at the point of the federales' gun? One possible exception is Social Security because it was sold to the public as an "insurance" program of some type.
It’s a contract.
Absolutely not. The Flemming v. Nestor Supreme Court ruling in 1960 made it very clear that SS is not a contract and that you have no vested right to it. Congress could scrap the whole program next week if it wanted to and you would have no right to fight it in court.
I want my money back.
Don't we all. I just don't plan on getting any in 20 years. I expect all the "ants" to have their Social Security to be taxed or means tested away to pay for the ever increasing number of "grasshoppers".
Course when Dubya wanted to reform this in his administration to gradually phase in private retirement plans for the younger and future generations, we all remember how the Democrats were blowing blood vessels and spouting lies about how the Republicans wanted to take away Grandma’s SS funds.
Oh no no no no no no no no - Been working 45 years, and I’m 1 year away from retirement. Keep your limp wrists off my SS benefits, you pansy-a$$ed SOB.
Actually, he is working VERY hard for SS cuts, medicare cuts, medicaid cuts, welfare, etc .... all "entitlement" programs.
The main problem, though, is the method he is choosing to do so. By driving up the debt to epic levels with near-Ø interest levels, winding up the proverbial spring so-to-speak, so that when we no longer can borrow/print, the interest rate jump collapses the dollar. Entitlements? Gone... Poof!
Here's the real problem...Medicaid should have been a totally separate program.
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