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Thread: Mitch McConnell Calls to Cut Social Security, Medicare

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    Quote Originally Posted by HillbillyStyle View Post
    Yes it was created to give aid to the elderly, unemployed and children, non of us are saying that it should be taken away, were saying the system is and has been abused for a very long time by many people.

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    More exact...it was for widows and orphans. Very Biblical.
    Abortion rights dogma can obscure human reason & harden the human heart so much that the same person who feels
    empathy for animal suffering can lack compassion for unborn children who experience lethal violence and excruciating
    pain in abortion.

    Unborn animals are protected in their nesting places, humans are not. To abort something is to end something
    which has begun. To abort life is to end it.



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    PS

    HS #14

    Problem is, Social Security is a pyramid scam, a Ponzi scheme. The protocols our SS administration is using is an atrocity.
    "It should be obvious to anyone why conservatives and libertarians should be against Trump. He has no grounding in belief. No core philosophy. No morals. No loyalty. No curiosity. No empathy and no understanding. He demands personal loyalty and not loyalty to the nation. His only core belief is in his own superiority to everyone else. His only want is exercise more and more personal power." smb / purveyor of fact 18/03/18

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    Quote Originally Posted by Celticguy View Post
    Warren Buffett.
    Don't you think he paid into social security?

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    Quote Originally Posted by kudzu View Post
    Don't you think he paid into social security?
    Of course he did. But means testing is a popular solution as not many voters are imacted.

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    https://www.ssa.gov/history/lifeexpect.html


    here are some statistics that reach back into the days of SSs inception.



    the day of the family farm were quickly coming to and end


    we were becoming a manufacturing country instead of a rural farm country.


    the kids went to war and then went to the cities to get manufacturing jobs instead f going back to the family farm.

    Old people unable to run the farm were becoming impoverished.


    We FACED A HUGE DELEMA


    How would all these old people survive?


    sell the farm (which fewer and fewer people wanted to buy)


    move in with the kids in the city and have them foot the bill


    or just slowly waste away and barely survive on the farm


    it was a shift in the nations direction



    the people decided to help their parents live and make their own choice after a life full of working

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    Cg #20

    Means-testing may not be a horrid idea. But it turns a government run insurance program into a tax.
    And even with means-testing, it wouldn't render Social Security solvent in the long run, according to what I've read of it.
    "It should be obvious to anyone why conservatives and libertarians should be against Trump. He has no grounding in belief. No core philosophy. No morals. No loyalty. No curiosity. No empathy and no understanding. He demands personal loyalty and not loyalty to the nation. His only core belief is in his own superiority to everyone else. His only want is exercise more and more personal power." smb / purveyor of fact 18/03/18

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    Quote Originally Posted by sear View Post
    PS

    HS #14

    Problem is, Social Security is a pyramid scam, a Ponzi scheme. The protocols our SS administration is using is an atrocity.
    link

    it is not

    the repblicans stole from it to pay for other shit or it would have been fine

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    Quote Originally Posted by Celticguy View Post
    Of course he did. But means testing is a popular solution as not many voters are imacted.
    What is imacted?

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    https://dissidentvoice.org/2009/11/a...-in-the-1980s/


    Abuse of the Social Security Trust Fund Began in the 1980s
    by Allen W. Smith / November 28th, 2009



    The mishandling of Social Security funds has been going on since the mid-1980s. As soon as the surpluses, resulting from the 1983 payroll tax hike, first began to flow into the Treasury, politicians from both political parties began using the money like a giant slush fund. At that time, it would be at least 30 years before the funds would actually be needed for Social Security, so politicians developed the bad habit of “temporarily borrowing” the money and using it for non-Social Security purposes. That bad habit never was broken, and every dollar of the $2.5 trillion in surplus Social Security revenue, generated by the tax hike, has been spent, leaving no real assets in the trust fund.
    Some members of Congress were outraged by the practice and tried to nip this misuse of Social Security revenue in the bud. On October 13, 1989, Senator Ernest Hollings of SC expressed his outrage during a speech on the Senate floor. Excerpts from that speech, taken from the Congressional Record, follow. “…the most reprehensible fraud in this great jambalaya of frauds is the systematic and total ransacking of the Social Security trust fund…The public fully supported enactment of hefty new Social Security taxes in 1983 to ensure the retirement program’s long-term solvency and credibility. The promise was that today’s huge surpluses would be set safely aside in a trust fund to provide for baby-boomer retirees in the next century. Well, look again. The Treasury is siphoning off every dollar of the Social Security surplus to meet current operating expenses of the government…The hard fact is that in the next century…the American people will wake up to the reality that those IOUs in the trust fund vault are a 21st century version of Confederate banknotes.”
    A year later, on October 9, 1990, Senator Harry Reid of NV expressed similar outrage. Excerpts from his Senate speech, taken from the Congressional Record, include, “…Are we as a country violating a trust by spending Social Security trust fund moneys for some purpose other than for which they were intended. The obvious answer is yes…During the period of growth we have had during the past 10 years, the growth has been from two sources. One, a large credit card with no limits on it, and, two, we have been stealing money from the Social Security recipients of this country.”
    Senator Daniel Patrick Moynihan of NY even introduced legislation in early 1990 to repeal the 1983 payroll tax increase. In an effort to keep politicians from spending the Social Security surplus money on other things, Moynihan wanted to eliminate the surplus revenue and return Social Security to a “pay-as-you-go” system. President George H.W. Bush was furious about Moynihan’s proposed legislation. Bush said, “It is an effort to get me to raise taxes on the American people by the charade of cutting them, or cut benefits. And I am not going to do it to the older people of this country.”
    Bush, the “read-my-lips-no-new-taxes” president, did not need to raise taxes as long as he had access to the surplus Social Security revenue. During his four years in office, $211.7 billion in Social Security surplus revenue flowed into the U.S. Treasury. Every penny of it was spent for general government expenditures, and none of it was saved and invested for the payment of future Social Security benefits, as is commonly believed. This practice has continued until this day. The plan was that when benefit costs start to exceed payroll tax revenue, in about seven years, the Social Security trustees would begin dipping into the huge reserve that was supposed to be built up in the trust fund to make up the revenue shortfall in order to continue to pay full benefits. Unfortunately, there are no assets in the trust fund that can be dipped into.

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    Quote Originally Posted by HillbillyStyle View Post
    Theres many people on social security who shouldnt be.

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    That's SSDI, which is the cause of the problem
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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    "it was a shift in the nations direction" e #21
    Why is that government's problem?

    "The policy of the American government is to leave their citizens free, neither restraining nor aiding them in their pursuits." Thomas Jefferson


    I'll sidestep the issue of whether or not these government madnesses are benevolently intended or not, simply by conceding (for the purpose of this argument) that they are.

    But even if benevolently intended, they are weakening us, not strengthening us.

    I was born in 1954.
    In my boyhood I heard in friendly conversation such phrases as "It's a free country".

    In the 1950's and 1960's we were admired from abroad for our "rugged individualism" and "self-reliance".

    A parent that craves being adored by the child more than wishing to raise the child well will tie that child's untied shoe-lace.
    The parent that wishes to raise the child well will teach that child to tie his own shoe-lace.

    These "entitlement" programs are not making U.S. citizens more independent, more self-reliant.
    They're making us more dependent.

    And it's not just entitlements.
    Motor vehicle and traffic laws may be the most routinely broken laws in the country.

    Drug War, however well intended, is a hideous blunder, a human rights catastrophe!

    We would be wise to heed Jefferson.

    "The policy of the American government is to leave their citizens free, neither restraining nor aiding them in their pursuits." Thomas Jefferson
    "It should be obvious to anyone why conservatives and libertarians should be against Trump. He has no grounding in belief. No core philosophy. No morals. No loyalty. No curiosity. No empathy and no understanding. He demands personal loyalty and not loyalty to the nation. His only core belief is in his own superiority to everyone else. His only want is exercise more and more personal power." smb / purveyor of fact 18/03/18

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    Quote Originally Posted by HillbillyStyle View Post
    Theres many people on social security who shouldnt be.

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    link?

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