pan6467

I was in the midst of a reply in another thread when the thread was closed... so I brought it here. It would have been threadjacking over there anyway.

Social Security is not the problem, it's an easy scapegoat and can get the GOP pumped up, but it's NOT the problem.

The problem is multimillion dollar bridges to no where, the pork. What Congress did to Social Security is the problem. In the early 70's Congress needed money, the first gas crunch was upon us, Nixon threw down price controls. Congress can't raise taxes when people are hurting, but at that time they didn't want to cut spending.... still had a war to pay for, still had "the War on Poverty" and so on. So they looked around. What did they see? A HUGE war chest of money that grew every year and the money wasn't needed until decades later. So they started "borrowing" from Social Security, putting in IOU's. They did this with the full intention of paying it all back before it was needed. However, once Congress started they couldn't stop.... there was just sooooo much money and it wasn't needed for decades... ok, 15 years.... ok, 10...... what do you mean the Boomers retire in 5? They tried to restructure to make it harder to get, "Raise the age... make it harder for people to get disability.... etc"

Now, the Boomers, who have paid into it for their 40+ years are getting ready to collect... but only IOU's exist and now the government is stuck. What can it do? Well, there are a few solutions.

Ron Paul's just destroy it... people lose the money they put in but aw well. And oh yeah, you poor people, society will take care of you. Yeah right.

Other plans are to raise the age again, just print more money devaluing ours, and so on.

Yet no one recognizes the fact that 1 bridge to no where cost us MILLIONS and those MILLIONS could easily have been earmarked for a repayment into Social Security.

The program is very effective, Congress isn't.

Now, how do you tell people who have paid into something for 40 years and that is their retirement, that government doesn't want to pay.... go find charity?

I'm sorry, I can't tell someone who has worked hard and helped society for 40 years that the money our government owes him/her isn't going to be paid... but we have a bridge to no where... we have a war to pay for.... we have corporate welfare to pay for..... we need to cut the riches taxes more.... etc etc.... but you ain't getting your 40 year investment back.

BULLSHIT.

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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"