[quote=Gadfly;436007]If the socialists of the 1930's had set it up differently, or ovehauled it when the Depression was basically over, the recipients would have had, at retirement, TWICE the amount of monthly income they get now.[quote]
If the cons had not raided it to pay for tax cuts for their wealthy selves and their wealthy friends the surpluss coming in at the end of the depression could have been invested. Perhaps you have a point there. The problem is not social security; the problem is the conservative snake oil salesmen who are running it.
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Socialist IN-Security buys votes and keeps the elderly under their control.
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Elderly under their control? That's just nonsense.
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That is why the leftists are desparate to keep it from being changed to a REAL retirement that would actually benefit the elderly.
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That's why the cons are desparate to turn it into an investment strategy, so they can wealthy "investing" working people's money.
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HORSE SH___!!!!!!! The way to cause "surplusses" in Socialist IN-security is to let the contributors INVEST in a diversified portfolio
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No, the way to get surplusses in SS is to make Bill Gates pay at the same rate that you and me do.
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AND the govenment is prohibited from borrowing from it.
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It's call a lock box. Remember that? The cons/republicans defeated it. They need that money to keep floating the govnmt deficits they create by not taxing their rich friends.
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UHM..................................It was the CLINTON administration, you know: those bleeding heart wild-eyed leftists that told the banks they HAD to make risky loans that the "poor' couldn't pay for!.
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Since when was Clinton a bleeding heart leftist? Clinton ran as an FDR liberal to get elected, but once elected he drank the "free" market koolaide as did nearly everyone in that era.
Nobody forced banks to make risky loans. Period.
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It wouldn't be a bad thing if those people doing the helping have commie sympathies and their REAL agenda is about control.
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Wake up. The real agenda of the right wing is to control working people. Bust their unions, remove their voice form the work place, reduce their wages, remove their financial security, keep them in debt and begging at the door of the rich -- it is good for business and makes for stable, trouble free politics.
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Control that comes from manipulating those who, indeed, don't know better. Intelligent people don't FALL for it!
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And the unitelligent? They should just be kicked to the gutter?
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Remember the CLINTONS again that gave us those bad investments and loan bailouts!
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No, it was deregulation. Deregulation is a conservative mantra, both conservative Republican and conservative Democrat. George W Bush even made the "Ownership Society" a political slogan: put people in houses they can't afford and "ownership" instict will magicly enable them to pay off loans their paychecks won't. It's voodoo economics, based on idealogy - not reality.
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