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Old 08-09-2011, 10:09 AM
Clip-Clop Clip-Clop is offline
The Curragh
 
Join Date: Oct 2006
Location: Manningtown, Colorado
Posts: 2,727
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Quote:
Originally Posted by Riot View Post
We haven't lost anything. We've paid 100% of our social security debt on time, always, and always will. Social Security is fully solvent through 2037, and everyone knows it.

Wall Street has always had lobbyists complaining about Social Security, in an attempt to get it out of the governments hands, and into private hands so they can steal what they can from those billions. Screaming that there isn't a pile of actual physical cash sitting there - and that somehow that is wrong?! - is an old, old scam from the Reagan years.

Peoples private retirement funds have been decimated on Wall Street in the past 10 years. Thank god for Social Security as the government fail safe fallback for them.
I am 36, have paid over 100K in my 20 years of working and paying taxes. Do you think that solvent through 2037 means anything at all to me?
It means I get to continue paying for another 26 years (est 150K) and get nothing for it.
Stop with the 2037 already. Find a new rationale.
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