LA Times: The Enemies of Social Security

By MICHAEL HILTZIK

Like a zombie tromping through a Hollywood gorefest, the idea of privatizing Social Security still walks among us.

The last promoter of the idea that people should personally invest their Social Security assets in the stock market was President George W. Bush, in 2001. With the dot-com crash still ringing in people's memories, the idea died in 2005.

The market hasn't yet recovered from its most recent crash, but the monster unaccountably is back on its feet. This time it comes dressed up as part of the "Roadmap for America’s Future" recently unfurled by Rep. Paul D. Ryan (R-Wis.), the ranking GOP member of the House Budget Committee.

The Roadmap is a retort to the charge that the Republican Party contributes no ideas to the national debate on fiscal issues, only "no" votes in Congress. It's a road map to the dismantling of federal social programs under the guise of making them fiscally sound, while cutting taxes for the rich. (The plan eliminates taxes on capital gains, interest and dividends.)

More at link:

http://www.latimes.com/business/la-fi-hiltzik17-2010feb17,0,7307760.column

they even think of messing with SS they are in a world of hurt

dont fuck with 77 million baby boomers

while poisoning the host, then drop off to live off their takings.

about their feeding from your body.

n/t

Have heard their elders screaming about the heavy burden of how the huge entitlement program of Social Security will be ripping money from their pay checks.

Many of them do not know that we PAID INTO SOCIAL SECURITY! And for those of us who have been independent contractors, it has taken a a hefty fifteen percent of our salaries!

I told the young cashier at the RW coffee shop this fact and from the expression on her face she was floored.

Sez I: "You didn't know we have paid into the system for our retirement since our very first paychecks?"

"No," She replied, "I heard it was entitlements, like Welfare."

They are so ignorant, and so lacking in curiosity, that they cannot get the real message...

The truth about Social Security.

I am also glad to report the Coffeeshop is under new, far more liberal management, so I now hear less about war and ending Soc Security and more about peace and progressive issues.

I'm sure it's a lot more congenial place to have your coffee than it used to be...

that way then we need some very public education. I do feel sorry for those young adults because they are paying in at a time when the baby boomers are retiring but once over that period then it can still help them IF we can fix it.

The question is: Many school districts have been heavily influenced by Republican members. I suspect that they would not want this sort of knowledge passed on to their students.

It boggles the mind that they could be that brainwashed. :crazy:

pay into it.

"Why don't you smelly working proles just STFU about your pathetic little Social Security benefits, and do as we fatcat republicon homelander cronies do: live off your Swiss Bank accounts. Bwaaaa ha ha ha ha. Smirk."

- xCommander AWOL (R)

a paycheck...he looked up and asked, "what the heck is FICA?" LOL...welcome to the real world son.