Let's cut Social Security to pay for banker bailouts! | Salon »

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  Charlson7 months ago

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  Have always thought that the Social Security scare was a conservative tactic to make our retirement hinged on making money for banks and security companies. And we know how great care these institutions took with other people's money. Our present rosy economic conditions is a prime example. Government, unlike what the conservatives swear by, is not the problem in many cases. It's the unhealthy parasitic relationship between business and government that's been the problem the last eight years.

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      wtagg7 months ago

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      Though I agree with you, I think there is an attempt here to highlight the actuality of spending huge amounts of money on bailing out (of all types, not just the financial markets) vs. assuring that those that actually put money into the SS system will get money out of the system.

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    Endoscopy7 months ago

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    What planet are you living on. I guess you believe there was money set aside to pay for these benefits. The Democrats started taking that money and putting it in the general fund and the Republicans followed along. There are IOU's in the fund and backed by the "Full faith and credit of the US government." according to a senior Democrat many years ago. Well, sorry Charlie, but crunch time is coming and no money in the till to pay.

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      Charlson7 months ago

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      Scare, fear and terror. Is that all you've got? I'm not worried about myself, I've got a fine pension plan and don't count on MY social security for my existence in my "golden years." But it's the people who can't afford or are in no position to have a pension plan that needs social security in their retirement years.

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  pokydoke7 months ago

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  The Social Security system will be fine. The Government just needs to raise the ceiling on when it stops taking SS taxes.

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