- Joined
- 03 Feb 07
- Moves
- 199141
29 Aug 11
This weekend he wigged out and called Social Security a ponzi scheme and a "monstrous lie." And despite his handlers telling reporters not to read his book, he stands by it.
Democrats are having a field day.
http://tpmdc.talkingpointsmemo.com/2011/08/rick-perry-social-security-is-in-fact-a-ponzi-scheme.php?ref=fpblg
29 Aug 11
Originally posted by KunsooPonzi scheme, hmmm. Not entirely accurate but true enough.
This weekend he wigged out and called Social Security a ponzi scheme and a "monstrous lie." And despite his handlers telling reporters not to read his book, he stands by it.
Democrats are having a field day.
http://tpmdc.talkingpointsmemo.com/2011/08/rick-perry-social-security-is-in-fact-a-ponzi-scheme.php?ref=fpblg
The young are being forced to pay into a system so that payments can be made to current recipients but will only receive payments themselves if people behind them are are forced to pay in as well.
Take a look at the Ratio of Social Security Covered Workers to Beneficiaries
http://www.ssa.gov/history/ratios.html
Scroll down and weep.
The "monstrous lie" part seems right.
29 Aug 11
Originally posted by KunsooYou are so predictably offended by positions Rick Perry, or other GOP candidates take, but I know you wouldn't vote for any of them in any case.
This weekend he wigged out and called Social Security a ponzi scheme and a "monstrous lie." And despite his handlers telling reporters not to read his book, he stands by it.
Democrats are having a field day.
http://tpmdc.talkingpointsmemo.com/2011/08/rick-perry-social-security-is-in-fact-a-ponzi-scheme.php?ref=fpblg
Notice to Kunsoo: GOP voters are looking for things that make you squirm.
By the way, SS does look much like a Ponzi scheme. If any insurance company proposed the exact same thing, everyone would be going to jail.
- Joined
- 03 Feb 07
- Moves
- 199141
30 Aug 11
Originally posted by SleepyguyWell, I guess there's always the chance that a nutcase like Perry will get into office and kill the thing. But that doesn't make it a lie.
Ponzi scheme, hmmm. Not entirely accurate but true enough.
The young are being forced to pay into a system so that payments can be made to current recipients but will only receive payments themselves if people behind them are are forced to pay in as well.
Take a look at the Ratio of Social Security Covered Workers to Beneficiaries
http://www.ssa.gov/history/ratios.html
Scroll down and weep.
The "monstrous lie" part seems right.
- Joined
- 03 Feb 07
- Moves
- 199141
30 Aug 11
Originally posted by EladarWell, I really hope he doesn't back off that one. Maybe he can temper it down long enough to win the nomination, and then really pour it on in the general?
SS is a ponzi scheme.
It is nice to see a politician actually state the truth.
I feel sorry for his handlers. Well, no I don't, but you know what I mean.
- Joined
- 03 Feb 07
- Moves
- 199141
30 Aug 11
Originally posted by normbenignOh yeah. The threat to kill social security makes me squirm. Fortunately, it'll make 80 percent of America squirm as well.
You are so predictably offended by positions Rick Perry, or other GOP candidates take, but I know you wouldn't vote for any of them in any case.
Notice to Kunsoo: GOP voters are looking for things that make you squirm.
By the way, SS does look much like a Ponzi scheme. If any insurance company proposed the exact same thing, everyone would be going to jail.
30 Aug 11
Originally posted by KunsooI'm old and collecting now. More and more young people are just getting the picture. The government is broke. SS is worse than broke. How many of them are going to continue to be willing to pay for my check?
Oh yeah. The threat to kill social security makes me squirm. Fortunately, it'll make 80 percent of America squirm as well.
30 Aug 11
Originally posted by normbenignWhat we need is a Whodey stimulus package. Just give me a couple of million and I will create jobs for everyone here at RHP!! 😀
I'm old and collecting now. More and more young people are just getting the picture. The government is broke. SS is worse than broke. How many of them are going to continue to be willing to pay for my check?
- Joined
- 03 Feb 07
- Moves
- 199141
30 Aug 11
Originally posted by normbenignIt's really not that complicated. If the fund is fed from the general fund until we get over the baby-boom hump - and we stop borrowing from the fund - it will be solvent for much longer than any of us will live.
I'm old and collecting now. More and more young people are just getting the picture. The government is broke. SS is worse than broke. How many of them are going to continue to be willing to pay for my check?