What's the Real Reason Republicans Want to Do Away With Social Security?

Discussion in 'Politics' started by Flaylo, Feb 1, 2011.

  1. Flaylo
    Offline

    Flaylo Handsome Devil

    Joined:
    Feb 10, 2010
    Messages:
    5,664
    Thanks Received:
    448
    Trophy Points:
    83
    Location:
    In some grass near you
    Ratings:
    +451
    Russ Wellen: What's the Real Reason Republicans Want to Do Away With Social Security?

    "It's bad enough that the real reason Republicans seek to take a hammer to Social Security is to enrich Wall Street (and, by extension, ensure the continuation of their campaign contributions). Even worse, their "creative destruction" may not enrich them as much as they anticipate. Think about it: from where are the funds that will allegedly be deposited into lifetime savings account on a regular basis expected to come?"



    "In the meantime, whenever an official or commentator declares that Social Security needs to be reformed -- disfigured might be a better word -- those of us who feel otherwise need to remind their audience why. One more time: because Big Money hopes to reap a gold mine in fees for managing the program that will augment and ultimately replace Social Security."

    Now we know. :D
     
    • Thank You! Thank You! x 1
  2. bucs90
    Offline

    bucs90 Gold Member

    Joined:
    Feb 25, 2010
    Messages:
    26,548
    Thanks Received:
    5,995
    Trophy Points:
    280
    Ratings:
    +19,210
    Ok, lets simplify this to a high school multiple choice question. There IS a correct answer, btw.

    Why do Republicans want to do away with or cut Social Security?

    A). They hate black people.
    B). They hate old people.
    C). They hate disabled people.
    D). A, B, and C are correct, especially old, black disabled people
    E). Social Security is bankrupting our country and leading us to financial ruin and it's a hard reality that it is no longer sustainable in today's economic situation.


    Ok, thats it. A 1 question test. Answer by 6pm today.
     
  3. Political Junky
    Offline

    Political Junky Gold Member

    Joined:
    May 27, 2009
    Messages:
    19,568
    Thanks Received:
    2,948
    Trophy Points:
    260
    Ratings:
    +5,542
    Wall Street wants its hands on the $2.6 Trillion that's in Social Security.
     
  4. PoliticalChic
    Offline

    PoliticalChic Diamond Member

    Joined:
    Oct 6, 2008
    Messages:
    55,927
    Thanks Received:
    15,706
    Trophy Points:
    2,190
    Location:
    Brooklyn, NY
    Ratings:
    +25,070
    On the other hand, if there were an element of privitization, the funds in one's account could be willed to beneficiaries....

    don't you like that aspect?
     
  5. kaz
    Offline

    kaz Diamond Member

    Joined:
    Dec 1, 2010
    Messages:
    43,199
    Thanks Received:
    4,387
    Trophy Points:
    1,840
    Location:
    Independence Hall
    Ratings:
    +14,247
    The reason to end Social Security/Medicare and Obama Care is that they are the two most evil domestic agendas ever perpetrated on the American people by politicians, and for the same reason. They make the American people dependent on government for their basic needs. That gives government the ultimate power over them and it's why the Democratic party has fought so hard for those initiatives. Social Security is pure evil.
     
    Last edited: Feb 1, 2011
  6. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    When Bush announced his SSI plan..freakin champagne bottles were a poppin' on Wall Street. The Market went crazy.
     
  7. kaz
    Offline

    kaz Diamond Member

    Joined:
    Dec 1, 2010
    Messages:
    43,199
    Thanks Received:
    4,387
    Trophy Points:
    1,840
    Location:
    Independence Hall
    Ratings:
    +14,247
    What's funny is that Democrats fight so hard to prevent privatization when in fact there are zero assets in social security. They talk about how it somehow protects people from market swings, but it actually protects people from having a retirement fund with actual assets in it. Social Security is going to be paid by future taxpayers. Period.
     
  8. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    Here ya go..

    A less evil place.

    No depending on government there..

    Cheap Flights to Somalia - TripAdvisor
     
  9. Soggy in NOLA
    Offline

    Soggy in NOLA Platinum Member

    Joined:
    Jul 31, 2009
    Messages:
    32,951
    Thanks Received:
    4,335
    Trophy Points:
    1,130
    Ratings:
    +11,666
    I really don't care, but I would like to take my money and get the hell out. And stay out.
     
  10. Barb
    Offline

    Barb Carpe Scrotum

    Joined:
    Apr 2, 2009
    Messages:
    5,717
    Thanks Received:
    1,568
    Trophy Points:
    153
    Location:
    in a house.
    Ratings:
    +1,586
    On the other hand, the companies that "service" those accounts can go bankrupt, and living people AND their beneficiaries can be ass out. Of course, it will then be their own fault for risking their $$, not the fault of those who gambled it in whatever high risk casino the managers of it lost it in. The would be retirees will then be greeting people at WalMart, and the investment houses that lost it would, once again, be "too big to fail."
    Ah, American Crapitalism at its finest. Privatization for the citizen paying the taxes, and socialism for the entitled business class.
     

Share This Page