Comments on: Sayonara Social Security Surpluses http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/ Fri, 10 Feb 2012 22:29:33 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Social Security Surplus Withers, But That’s No Surprise | Conservative Principles Now http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-88088 Social Security Surplus Withers, But That’s No Surprise | Conservative Principles Now Wed, 10 Feb 2010 14:42:09 +0000 http://www.foundry.org/?p=4427#comment-88088 [...] as “news,” per se, given that Social Security has been headed toward dark territory for quite some time.The chief actuary for the Social Security Administration said of today’s “news” [...] [...] as “news,” per se, given that Social Security has been headed toward dark territory for quite some time.The chief actuary for the Social Security Administration said of today’s “news” [...]

]]> By: Social Security Surplus Withers, But That’s No Surprise | Step Down Obama http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-87786 Social Security Surplus Withers, But That’s No Surprise | Step Down Obama Mon, 08 Feb 2010 23:54:08 +0000 http://www.foundry.org/?p=4427#comment-87786 [...] as “news,” per se, given that Social Security has been headed toward dark territory for quite some time.The chief actuary for the Social Security Administration said of today’s “news” [...] [...] as “news,” per se, given that Social Security has been headed toward dark territory for quite some time.The chief actuary for the Social Security Administration said of today’s “news” [...]

]]> By: Unsurprisingly, Social Security Surplus Withers | The Foundry: Conservative Policy News. http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-87720 Unsurprisingly, Social Security Surplus Withers | The Foundry: Conservative Policy News. Mon, 08 Feb 2010 19:08:27 +0000 http://www.foundry.org/?p=4427#comment-87720 [...] as “news,” per se, given that Social Security has been headed toward dark territory for quite some time.The chief actuary for the Social Security Administration said of today’s “news” [...] [...] as “news,” per se, given that Social Security has been headed toward dark territory for quite some time.The chief actuary for the Social Security Administration said of today’s “news” [...]

]]> By: Patricia from TN http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-36842 Patricia from TN Sat, 13 Jun 2009 13:22:48 +0000 http://www.foundry.org/?p=4427#comment-36842 If OB's government wants SS to be solvent, they can just run the deficit up a little more... no one is watching or stopping this insanity in washington. No individual American Citizen can change this fast moving administration.. they do as they want to whom they so choose to do it to. If SS retirement benefits were just that, without all the welfare programs added to it, it would clearly be a differnet story regarding "surplus" in SS bucket. When gov't. borrowed from my SS("my money already having been paid into bucket"), they robbed me of my right to be a gracefully aging senior. They have taken my ability to remain independent as I age. When I take out a contract, there are terms to the contract, and if I fail to live up to those legal terms, I get sued. But not true of politicians in washington today.. I signed up to SS when the legal retirment age was 62.. and I have watched it move in step forward with each of my birthdays.. then, earning caps on people legally continuing to work as we have to, then taxing my SS benefit is the final insult.. I now pay taxes on SS twice. The hardest hit individuals right now is not the next generation, it is the man and woman over 55 in this country; savings gone, homes devalued or lost, jobs lost, no cost of living raise to seniors for the next 2 years, no medical coverage from age 62 to 65, and then I have to pay again for this through automatic ss payment debits for medicare (which I already paid for once), plus purchase supplements with co-pays just in case I need them.... It truly is a sad situation for older citizens... and I hear they are proposing raising the full retiremnet age to 72 now. So, we have clearly capped the income of SS reciptients... and we have allowed our gov't. to do it to us! With the 2010 election, change better happen if we have any hope of recovering any sanity in washington! Spend, Spend, Spend, and more spending.. abroad as well as at home... "It's not what you can do for your country", we have already done it! It is now "what your country can do for you", because they owe it to you dear tax paying seniors! Wake up America, our goverment used the money and has never paid it back! And, if you think this free spending current administration has any idea of helping the seniors... forget it! They have already robbed this bucket lady! If OB's government wants SS to be solvent, they can just run the deficit up a little more… no one is watching or stopping this insanity in washington. No individual American Citizen can change this fast moving administration.. they do as they want to whom they so choose to do it to. If SS retirement benefits were just that, without all the welfare programs added to it, it would clearly be a differnet story regarding "surplus" in SS bucket.

When gov't. borrowed from my SS("my money already having been paid into bucket"), they robbed me of my right to be a gracefully aging senior. They have taken my ability to remain independent as I age.

When I take out a contract, there are terms to the contract, and if I fail to live up to those legal terms, I get sued. But not true of politicians in washington today.. I signed up to SS when the legal retirment age was 62.. and I have watched it move in step forward with each of my birthdays.. then, earning caps on people legally continuing to work as we have to, then taxing my SS benefit is the final insult.. I now pay taxes on SS twice.

The hardest hit individuals right now is not the next generation, it is the man and woman over 55

in this country; savings gone, homes devalued or lost, jobs lost, no cost of living raise to seniors for the next 2 years, no medical coverage from age 62 to 65, and then I have to pay again for this through automatic ss payment debits for medicare (which I already paid for once), plus purchase supplements with co-pays just in case I need them….

It truly is a sad situation for older citizens…

and I hear they are proposing raising the full retiremnet age to 72 now. So, we have clearly capped the income of SS reciptients… and we have allowed our gov't. to do it to us!

With the 2010 election, change better happen if we have any hope of recovering any sanity in washington! Spend, Spend, Spend, and more spending.. abroad as well as at home…

"It's not what you can do for your country", we have already done it! It is now "what your country can do for you", because they owe it to you dear tax paying seniors!

Wake up America, our goverment used the money and has never paid it back! And, if you think this free spending current administration has any idea of helping the seniors… forget it! They have already robbed this bucket lady!

]]> By: mackp http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-33092 mackp Mon, 18 May 2009 23:51:35 +0000 http://www.foundry.org/?p=4427#comment-33092 Did anyone give the government promission to take your money out of your retirement the Social Security for other programs. Maybe just maybe if the government paid back this money with interest we could get some extra milage say about 30, 40 years. The mufia has taken over our country. Obama is the Don. Biden is is caption of the mob. The Congress is his Lieutenants and Acorns is he enforcers. Anyone heard of the Rico Act. Did anyone give the government promission to take your money out of your retirement the Social Security for other programs. Maybe just maybe if the government paid back this money with interest we could get some extra milage say about 30, 40 years. The mufia has taken over our country. Obama is the Don. Biden is is caption of the mob. The Congress is his Lieutenants and Acorns is he enforcers. Anyone heard of the Rico Act.

]]> By: mackp http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-29332 mackp Fri, 24 Apr 2009 20:44:57 +0000 http://www.foundry.org/?p=4427#comment-29332 Maybe just maybe if the Congress would pay back the loan they took out from Social Security and stop raising their salarys,pork spending,get redd of corrupt organization like Acorn and pay their own taxs maybe Social Security would not be in so much trouble. Just a thought. Semper Fi Maybe just maybe if the Congress would pay back the loan they took out from Social Security and stop raising their salarys,pork spending,get redd of corrupt organization like Acorn and pay their own taxs maybe Social Security would not be in so much trouble. Just a thought. Semper Fi

]]> By: Andy Phillips, Pacif http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-28823 Andy Phillips, Pacif Wed, 22 Apr 2009 19:49:22 +0000 http://www.foundry.org/?p=4427#comment-28823 Even the people who recognize that the Social Security tax is simply a disguised general revenue tax don't seem to recognize the implications. Hence we get silly statements that the government will have to raise taxes or cut nominal benefits when the "surplus" disappears or starts declining or... No, we have fiat money. The Fed can issue an unlimited number of fiat notes to buy an unlimited number of Treasury bonds at whatever price politics dictates. The result will be inflation and eventually hyperinflation. A few (there are political limits on this) will not get "promised" benefits due to age-of-eligibility creep and means testing, but most voters will get them. But in devalued notes, so they won't buy much retirement. But that's inevitable because of demographics, irrespective of the Ponzi-ness of Social Security or choosing "privatization". The only ball it is worth keeping an eye on is what governments spends or commits. And Obama is a disaster in that regard. But so was Bush. Even the people who recognize that the Social Security tax is simply a disguised general revenue tax don't seem to recognize the implications. Hence we get silly statements that the government will have to raise taxes or cut nominal benefits when the "surplus" disappears or starts declining or… No, we have fiat money. The Fed can issue an unlimited number of fiat notes to buy an unlimited number of Treasury bonds at whatever price politics dictates. The result will be inflation and eventually hyperinflation. A few (there are political limits on this) will not get "promised" benefits due to age-of-eligibility creep and means testing, but most voters will get them. But in devalued notes, so they won't buy much retirement. But that's inevitable because of demographics, irrespective of the Ponzi-ness of Social Security or choosing "privatization". The only ball it is worth keeping an eye on is what governments spends or commits. And Obama is a disaster in that regard. But so was Bush.

]]> By: neil davidson los an http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-28427 neil davidson los an Tue, 21 Apr 2009 14:31:07 +0000 http://www.foundry.org/?p=4427#comment-28427 WHY ? MUST I ASK DOES GOVERNMENT KEEP EXPANDING AND INCREASING FEDERAL, STATE AND LOCAL SPENDING OF TAX MONEY WITHOUT BEING ABLE TO FUND THEIR JOBS AND HEALTH AND RETIREMENT PROGRAMS WHILE GIVING US THE AXE, EVERYONE SHOULD PAY SOCIAL SECURITY TAXES AND RETIRE UNDER THE SAME PLAN ???? THEY SHOULD NOT BE UNDER SPECIAL RETIREMENT PLANS ?? WHY ? MUST I ASK DOES GOVERNMENT KEEP EXPANDING AND INCREASING FEDERAL, STATE AND LOCAL SPENDING OF TAX MONEY WITHOUT BEING ABLE TO FUND THEIR JOBS AND HEALTH AND RETIREMENT PROGRAMS WHILE GIVING US THE AXE, EVERYONE SHOULD PAY SOCIAL SECURITY TAXES AND RETIRE UNDER THE SAME PLAN ???? THEY SHOULD NOT BE UNDER SPECIAL RETIREMENT PLANS ??

]]> By: Bob Sprinkle http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-27164 Bob Sprinkle Tue, 14 Apr 2009 21:51:25 +0000 http://www.foundry.org/?p=4427#comment-27164 Social Security and Medicare.....FAIL????? Whaddaya mean FAIL...They are TOO BIG to fail. The goobermint will just have to bail 'em out. I'm eligible in July to start collecting SS. I'd like to work for a few more years. But, I think 2 or 3 years is all SS and Medicaid have left. Actually, I should rephrase....I NEED to work a few more years. So, I'm filing as early as possible to get what I can. Cut back on my hours at work to the minimum to still get med benefits. Maybe form a senior citizen suicide bomber brigade when I et down to my last couple of years. Go out with a band and take a liberals with me. Social Security and Medicare…..FAIL?????

Whaddaya mean FAIL…They are TOO BIG to fail. The goobermint will just have to bail 'em out.

I'm eligible in July to start collecting SS. I'd like to work for a few more years. But, I think 2 or 3 years is all SS and Medicaid have left. Actually, I should rephrase….I NEED to work a few more years. So, I'm filing as early as possible to get what I can. Cut back on my hours at work to the minimum to still get med benefits.

Maybe form a senior citizen suicide bomber brigade when I et down to my last couple of years. Go out with a band and take a liberals with me.

]]> By: Aaron, Indiana http://blog.heritage.org/2009/03/26/sayonara-social-security-surpluses/#comment-26656 Aaron, Indiana Fri, 10 Apr 2009 16:32:27 +0000 http://www.foundry.org/?p=4427#comment-26656 Patricia from Boise, those people who say that they hope Obama will fail are not saying that they want America to fail. If you are reading anything on this site you will see that the agenda that liberals are promoting is continuing to lead the United States down the road to destruction. None of us want to see our economy collapse. No one who loves this great country would rejoice to see unemployment rates go up or see people losing their homes. When a conservative says they want Obama to fail it means they want his liberal agenda to fail. Although our government is self serving and feeds upon it's citizens in order to grow at least we have a semblance of participation and opportunity to enact change. Obama's agenda will encourage unchecked growth in our government in an effort to make it big enough to save us all. The democratic agenda has always been one of "group" vs. "individual". America was founded on individual freedoms as well as responsibility. When we sacrifice those freedoms to the group in order receive some benefit we are giving up what makes this country strong. Anyone who has read any history can tell you what happens to a people who give up their rights in order to gain more comforts. Look what happened to Rome when it's citizens quit defending themselves and started paying mercenaries to defend them. Obama's policies seem to be directed at making anyone who is successful responsible for everyone who is not. There is nothing wrong with helping out the less fortunate. It becomes a problem when you require people to help the less fortunate. At this point charitable donations have become a tax and there is no longer any positive feeling connected with helping others. This tax is controlled by the government and of course becomes dispersed with no actual concern as to how effectively it is used. Patricia from Boise, those people who say that they hope Obama will fail are not saying that they want America to fail. If you are reading anything on this site you will see that the agenda that liberals are promoting is continuing to lead the United States down the road to destruction. None of us want to see our economy collapse. No one who loves this great country would rejoice to see unemployment rates go up or see people losing their homes.

When a conservative says they want Obama to fail it means they want his liberal agenda to fail. Although our government is self serving and feeds upon it's citizens in order to grow at least we have a semblance of participation and opportunity to enact change. Obama's agenda will encourage unchecked growth in our government in an effort to make it big enough to save us all.

The democratic agenda has always been one of "group" vs. "individual". America was founded on individual freedoms as well as responsibility. When we sacrifice those freedoms to the group in order receive some benefit we are giving up what makes this country strong. Anyone who has read any history can tell you what happens to a people who give up their rights in order to gain more comforts. Look what happened to Rome when it's citizens quit defending themselves and started paying mercenaries to defend them.

Obama's policies seem to be directed at making anyone who is successful responsible for everyone who is not. There is nothing wrong with helping out the less fortunate. It becomes a problem when you require people to help the less fortunate. At this point charitable donations have become a tax and there is no longer any positive feeling connected with helping others. This tax is controlled by the government and of course becomes dispersed with no actual concern as to how effectively it is used.

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