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Old December 21st 04, 02:10 PM
KØHB
 
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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






  #32   Report Post  
Old December 21st 04, 02:50 PM
KØHB
 
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"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




  #33   Report Post  
Old December 28th 04, 06:28 PM
bb
 
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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?

  #34   Report Post  
Old December 28th 04, 06:40 PM
KØHB
 
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"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





  #35   Report Post  
Old December 29th 04, 11:41 AM
bb
 
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Which ones should go to jail with enron, worldcom, and martha?



  #36   Report Post  
Old December 29th 04, 02:56 PM
Dave Heil
 
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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
  #37   Report Post  
Old December 30th 04, 12:51 AM
bb
 
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If that's what you want to think, David. Intelligent people wouldn't
go that direction.

  #39   Report Post  
Old December 30th 04, 05:46 AM
Dave Heil
 
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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
  #40   Report Post  
Old December 30th 04, 11:49 AM
bb
 
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"""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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