I knew Obama would take us over the edge, but not this quick. Is this true? I heard on the radio this morning his porkulus bill to payoff his cronies will be what does it.
RE: Social Security in the red next year, ALREADY?
I've about decided it won't matter what he does (or doesn't do), how bad he screws up the nation and for how long......he can't loose. His election will be considered "historical" if he sends us back to the stone age. It's pititful.
Chad
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"We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all."-- Theodore Roosevelt
A wise man's heart is at his right hand; but a fool's heart at his left. Ecclesiasties 10:2
The last four letters in American..........I Can
The last four letters in Republican........I Can
The last four letters in Democrats.........Rats
RE: Social Security in the red next year, ALREADY?
Think about this. In his first hundred days, Obama will out spend the world! Think about this, the money he will be spending would have allowed the entire SS system to go private ie rainmaker, it would become legally your money that was sent to DC.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
RE: Social Security in the red next year, ALREADY?
It most certainly is not true. Fact is that SS will run a surplus next year of about 200 billion dollars.
By about 2017 SS will no longer run a surplus and the government will have to make up the difference from the general fund. Remember all that SS surplusmoney thatour fine outstanding political hacks in DC spent in the last 40 years? They are supposed to pay it back when SS ceases to run a surplus: But i'll bet they do not.
The surplus for Fiscal 2005 is 212.4 BILLION dollars. Fiscal 2006 is 225.6 BILLION dollars, 2007 is 237 BILLION dollars, 2008 is 247.2 BILLION dollars, 2009 is 258.4 BILLION dollars and for 2010 273 BILLION dollars.
RE: Social Security in the red next year, ALREADY?
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ORIGINAL: Fieldmouse
Think about this. In his first hundred days, Obama will out spend the world! Think about this, the money he will be spending would have allowed the entire SS system to go private ie rainmaker, it would become legally your money that was sent to DC.
Think about this. It was your president "Bush" that out spended every one in the history of office that caused Obama to have to spend alot. Your plan of doing nothing, or giving exxon, or haliburton a tax cut won't fix anything. And if the dipping into the SS fund were stopped, and if more money were put into the fund, the SS would be fine. Oh, I forgot, you can't give Haliburton a tax cut, because they just keep their money and offices offshore and wash it, thanks to you know who
RE: Social Security in the red next year, ALREADY?
Quote:
ORIGINAL: falcon
Quote:
Think about this, the money he will be spending would have allowed the entire SS system to go private ie rainmaker,
Yep, we cannot trust the USgovernment to run SS. But we can trust those pukey Wall St.bankers to run our pension plans. [:@]
Hey ,falocn, where is your retirement? Is It under your matress? It must be since you give your SS check away every month to charity because you live off your retirement. I'm sure you don't trust Wallstreet, correct?
Rainmaker:
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It was your president "Bush" that out spended every one in the history of office that caused Obama to have to spend alot.
FYI, congress sepnds the money. The pressident has absolutely no power to spend money that the congress doesn't aurthorized. Hey, please tell me, did Obama vote for the bank bail out?
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Your plan of doing nothing, or giving exxon, or haliburton a tax cut won't fix anything.
Who highers more people, government or private sector?
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And if the dipping into the SS fund were stopped, and if more money were put into the fund, the SS would be fine.
First, you as always need to do a little bit of home work. Exactly what fund do you want a few people in washington to control? You rail against the Bush administration but are willing to give the obama administration a pass on unproven success. The difference I won't give either a pass and want Americans to control their money. It's called living free not living care free!
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Oh, I forgot, you can't give Haliburton a tax cut, because they just keep their money and offices offshore and wash it, thanks to you know who
Why did Haliburton move it's HQ to Dubia? FYI, it's where they are allowed to drill. You claim to be number two in a multimillion dollar corporation yet you lack so much economic sense let alone common sense, is it any reason you have no credibility on the forum?
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Social Security in the red next year, ALREADY?
Think about this. It was your president "Bush" that out spended every one in the history of office that caused Obama to have to spend alot. Your plan of doing nothing, or giving exxon, or haliburton a tax cut won't fix anything. And if the dipping into the SS fund were stopped, and if more money were put into the fund, the SS would be fine. Oh, I forgot, you can't give Haliburton a tax cut, because they just keep their money and offices offshore and wash it, thanks to you know who
