Comments on: The 45 Trillion dollar shortfall http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/ General interest observations and true web-log. Sun, 12 Feb 2012 14:22:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-926511 Chris Thu, 20 Dec 2007 18:19:53 +0000 http://www.dvorak.org/blog/?p=15128#comment-926511 It's funny when people talk about investing SS funds in the US Treasury like it's good for us. The original SS funds are taken from us. Then they are "invested" in Treasury Notes. Then the "government" pays interest on those invested SS dollars. We have to understand that the only money government has is the money they take from us. So in order to pay interest for the SS investments, they take the money from us. So we are taxed twice for SS. If we invested SS dollars in a commercial market we would get actual returns on our money instead of dishing out more tax dollars. The best fix for SS is to get rid of it all together and let the people keep their money, but that makes too much sense. It’s funny when people talk about investing SS funds in the US Treasury like it’s good for us. The original SS funds are taken from us. Then they are “invested” in Treasury Notes. Then the “government” pays interest on those invested SS dollars. We have to understand that the only money government has is the money they take from us. So in order to pay interest for the SS investments, they take the money from us. So we are taxed twice for SS. If we invested SS dollars in a commercial market we would get actual returns on our money instead of dishing out more tax dollars. The best fix for SS is to get rid of it all together and let the people keep their money, but that makes too much sense.

]]> By: RickCain http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-925992 RickCain Thu, 20 Dec 2007 11:47:52 +0000 http://www.dvorak.org/blog/?p=15128#comment-925992 I guess this is Bush's poor excuse for spending trillions on a war that doesn't benefit our retirees, just his military contractor friends. The retirement system has been solvent and will be solvent until 2040, at that point and ONLY at that point will they need to cut back on benefits payments, and hopefully by then the GOP will go the way of the WHIG party and some common sense will end up in Washington. I guess this is Bush’s poor excuse for spending trillions on a war that doesn’t benefit our retirees, just his military contractor friends.
The retirement system has been solvent and will be solvent until 2040, at that point and ONLY at that point will they need to cut back on benefits payments, and hopefully by then the GOP will go the way of the WHIG party and some common sense will end up in Washington.

]]> By: Angus http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-924250 Angus Wed, 19 Dec 2007 13:22:07 +0000 http://www.dvorak.org/blog/?p=15128#comment-924250 This is the reason that anyone under the age of 40 has no real expectation that Social Security will be there for us at retirement, and we're contributing to our 401K at the company match. To us, Social Security is just another tax. This is the reason that anyone under the age of 40 has no real expectation that Social Security will be there for us at retirement, and we’re contributing to our 401K at the company match. To us, Social Security is just another tax.

]]> By: B. Dog http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-923916 B. Dog Wed, 19 Dec 2007 07:09:31 +0000 http://www.dvorak.org/blog/?p=15128#comment-923916 Queen Hillary must decree Gen Z to be worker bees! Queen Hillary must decree Gen Z to be worker bees!

]]> By: Greg Allen http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-923815 Greg Allen Wed, 19 Dec 2007 04:33:28 +0000 http://www.dvorak.org/blog/?p=15128#comment-923815 This is why we need amnesty for illegals -- to get them in the system, paying social security so the baby bloomers won't die in abject poverty! This is why we need amnesty for illegals — to get them in the system, paying social security so the baby bloomers won’t die in abject poverty!

]]> By: tallwookie http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-923781 tallwookie Wed, 19 Dec 2007 03:54:15 +0000 http://www.dvorak.org/blog/?p=15128#comment-923781 Hrm... fund the war or let old people die.... hrm... *ponders* decisions, decisions... Hrm… fund the war or let old people die…. hrm… *ponders*

decisions, decisions…

]]> By: Dorksters http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-923738 Dorksters Wed, 19 Dec 2007 03:05:53 +0000 http://www.dvorak.org/blog/?p=15128#comment-923738 Latest Dorksters' Theory: Politicians should not be allowed to advertise at all, and personal appearance should be structured organized events. If they have something to say, they should say it on the news or during the debates. Equal access would be the rule. Pull the money completely out of the elections. Latest Dorksters’ Theory:

Politicians should not be allowed to advertise at all, and personal appearance should be structured organized events.

If they have something to say, they should say it on the news or during the debates. Equal access would be the rule.

Pull the money completely out of the elections.

]]> By: Gman http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-3/#comment-923730 Gman Wed, 19 Dec 2007 02:56:11 +0000 http://www.dvorak.org/blog/?p=15128#comment-923730 This is bunk! Get the FACTS, folks ... THEY just want to scare us into supporting yet another 'privatization' that will destroy one of America's favorite examples of the success of social programs that actually help WE the PEOPLE !! This is bunk! Get the FACTS, folks … THEY just want to scare us into supporting yet another ‘privatization’ that will destroy one of America’s favorite examples of the success of social programs that actually help WE the PEOPLE !!

]]> By: Ranger007 http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923597 Ranger007 Wed, 19 Dec 2007 00:21:30 +0000 http://www.dvorak.org/blog/?p=15128#comment-923597 "Who's winning?" Reid (Senate Majority Leader Harry) asked a group of reporters.. "The American people are losing." The American people are losing and getting it in the rear. The quote might be about the war, but those greedy, 'for sale to the highest bidder' politicians who are "getting it while they can" are selling us out. Does anyone think long term anymore? Good luck to your kids. Never say never. “Who’s winning?” Reid (Senate Majority Leader Harry) asked a group of reporters.. “The American people are losing.”

The American people are losing and getting it in the rear. The quote might be about the war, but those greedy, ‘for sale to the highest bidder’ politicians who are “getting it while they can” are selling us out. Does anyone think long term anymore?

Good luck to your kids.

Never say never.

]]> By: MikeN http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923588 MikeN Wed, 19 Dec 2007 00:10:48 +0000 http://www.dvorak.org/blog/?p=15128#comment-923588 And under the President's plan that was rejected, the shortfall would have been much smaller. Some money to pay the current benefits, then surpluses after that, the exact opposite of the current chart. And under the President’s plan that was rejected, the shortfall would have been much smaller. Some money to pay the current benefits, then surpluses after that, the exact opposite of the current chart.

]]> By: MikeN http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923586 MikeN Wed, 19 Dec 2007 00:09:33 +0000 http://www.dvorak.org/blog/?p=15128#comment-923586 Angel, legalizing illegals doesn't solve SS problems. It means more benefits paid to illegals. Although it could be a net plus since having them would lower the overall wage rate, and you would pay out less in benefits. Right now, the illegals who are working with fake papers pay in but don't cash out, a good deal. Angel, legalizing illegals doesn’t solve SS problems. It means more benefits paid to illegals. Although it could be a net plus since having them would lower the overall wage rate, and you would pay out less in benefits. Right now, the illegals who are working with fake papers pay in but don’t cash out, a good deal.

]]> By: Think Tank nutjob http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923537 Think Tank nutjob Tue, 18 Dec 2007 23:26:13 +0000 http://www.dvorak.org/blog/?p=15128#comment-923537 What's your fucking source for this bullshit? Some right-wing neocon think tank probably..... What’s your fucking source for this bullshit? Some right-wing neocon think tank probably…..

]]> By: Steve-O http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923509 Steve-O Tue, 18 Dec 2007 22:48:14 +0000 http://www.dvorak.org/blog/?p=15128#comment-923509 Wow!! I see there is one person in the whole world with their head buried in the sand saying that SS is fine. Pretty nice that the one person posts here for all of us to read. I'm not sure Mister Mustard would even believe this crap. Wow!! I see there is one person in the whole world with their head buried in the sand saying that SS is fine.

Pretty nice that the one person posts here for all of us to read.

I’m not sure Mister Mustard would even believe this crap.

]]> By: grog http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923499 grog Tue, 18 Dec 2007 22:41:33 +0000 http://www.dvorak.org/blog/?p=15128#comment-923499 i got about 20 years to go before legal retirement and i don't expect to collect a dime social security is the cheapest, simplest, most effective government program there is -- no wonder liberals and conservatives alike can't leave it alone. i got about 20 years to go before legal retirement and i don’t expect to collect a dime

social security is the cheapest, simplest, most effective government program there is — no wonder liberals and conservatives alike can’t leave it alone.

]]> By: Dorksters http://www.dvorak.org/blog/2007/12/18/the-45-trillion-dollar-shortfall/comment-page-2/#comment-923494 Dorksters Tue, 18 Dec 2007 22:35:58 +0000 http://www.dvorak.org/blog/?p=15128#comment-923494 We need to outsource the retired people to the third world. Oh joy. We need to outsource the retired people to the third world. Oh joy.

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