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"bb" wrote Fact: Alan Greenspan says Social Security reform is an urgent problem facing America. It'll be a lot easier to understand, Brian, if you just cut through all the spin. Everytime some talking head like Alan says "Social Security reform is an urgent problem", substitute the word 'payback' for the word 'reform'. Then you'll see why Washington is in a panic over this issue! As you've noted, their hand has been in the cookie jar for decades, and their dirty little secret is slowly leaking out because people are starting to wonder "will it be there for me". The answer is "Well, yes, it will be if we put the cookies back in the jar for you." Can you say "taxes"? So the "urgent problem" is to decide whether to engage in 'payback' or engage in 'reform'. Hmmmmmm, I wonder if the bank will let me 'reform' my mortgage? 3, de Hans, K0HB |
"N2EY" wrote What I wrote wasn't about why SS was created, but about why it could be in trouble in the future. And as Hans, K0HB has pointed out, the 800 pound gorilla problem is the borrowing of money from the SS trust fund. Such borrowing is fine unless and until it's not paid back. When Ken Lay/Enron raids the pension fund it's called a felony. When Nixon/Carter/Reagan/Bush/Clinton/Bush raid the pension fund it's called sound fiscal policy. When the IOU's in the SS fund come due for payback they don't go to jail. They simply 'reform' SS, and in the process they confiscate more of our money and put it at risk in the stock market. Wall Street has got to love it --- a law taking money directly from the taxpayer and putting it into their legalized crap-shoot. The name of the legislation shouldn't be "SS Reform Act", it should be the "Stockbroker Full Employment Act". Talk about a "golden fleecing"! 3, de Hans, K0HB |
Hans, your point is valid.
Specifically which congress persons raided the fund, and which president(s) signed those budget bills? And did you vote for any of them? |
"bb" wrote Hans, your point is valid. I knew you'd see it my way. Specifically which congress persons raided the fund, and which president(s) signed those budget bills? Pretty much all of them in the past 20 years. And did you vote for any of them? Probably. 3's, de Hans, "I invented Billy Beeper", K0HB |
Which ones should go to jail with enron, worldcom, and martha?
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bb wrote:
Which ones should go to jail with enron, worldcom, and martha? "enron" and "worldcom" are going to jail? Dave K8MN |
If that's what you want to think, David. Intelligent people wouldn't
go that direction. |
Subject: Problem for boaters and APRS?
From: "bb" Date: 12/29/2004 5:41 AM Central Standard Time Message-id: .com Which ones should go to jail with enron, worldcom, and martha? Marth Stewart is the only one with the 'nads to take her punishment and move on...I never gave her products or programs much thought, but just based on the fact that she stood up to her responsibilites with the dignity she did get's my vote. 73 Steve, K4YZ |
bb wrote:
If that's what you want to think, David. Intelligent people wouldn't go that direction. Well, "bb", you're stuff is starting to read like fortune cookies. """Good luck""" Dave K8MN |
"""Marth Stewart is the only one with the 'nads to take her punishment
and move on...I never gave her products or programs much thought, but just based on the fact that she stood up to her responsibilites with the dignity she did get's my vote. 73 Steve, K4YZ""" I think Martha was the scapegoat. |
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