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Know anyone who would have a hard time getting by without social security and/or medicare? I do. Plenty of them. The Republicans fought against those programs tooth and nail. Thank god they lost.
Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed? Sure, the banks and investment firms would have been rewarded (that's the point), but many small investors would have lost. Thank god the Republicans lost that fight too.
After the dust settles on this health care conundrum, after the misinformation campaigns against reform, after all the stall tactics and late night calls to connections in the pharmaceutical and health insurance corporations, and after all is said and done, it appears the Republicans will kill any substantial health care reform. Another attempt to provide a big safety net, another failure to achieve it. What we'll get is a band aid for a sucking chest wound. The Democrats will try to get their consolation prize piece of their health care reform past the god, guns and guts party to save face, but no one needs a road map to see what's coming after the Obama administrations time is up. When all's said and done, this vet and Independent voter most appreciates those who put their lives on the line. While they may not have the attorneys, lobbyists, and corporate CEO's on speed dial, while they may not have the multiple homes, seven figure retirement accounts, and the domestic servants that the suits wear in D.C. and our state capitals, while they may not play to main street and fly over America to confuse and obfuscate the truth, they are the brave ones I put my trust in. Even if most of them have no idea why they are really in harms way. Semper Fi.
Last edited by bongofury; 03-04-2010 at 02:47 PM..
Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed? Sure, the banks and investment firms would have been rewarded (that's the point), but many small investors would have lost. Thank god the Republicans lost that fight too.
I'll address the most obvious ignorant part of your posting.
If individuals were investing their SS into the market, it wouldnt have collapsed, it would have skyrocketed. Thats what happens when people put put more money into a system..
I'll address the most obvious ignorant part of your posting.
If individuals were investing their SS into the market, it wouldnt have collapsed, it would have skyrocketed. Thats what happens when people put put more money into a system..
I'll address the most obvious ignorant part of your posting.
If individuals were investing their SS into the market, it wouldnt have collapsed, it would have skyrocketed. Thats what happens when people put put more money into a system..
Maybe, maybe not. Most folks I know lost at least half of their 401ks. Also, with that amount of moneys poured into the stock market it may have caused much more reckless behavior from wall street. More cheap money to lock people onto.
Know anyone who would have a hard time getting by without social security and/or medicare? I do. Plenty of them. The Republicans fought against those programs tooth and nail. Thank god they lost.
Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed? Sure, the banks and investment firms would have been rewarded (that's the point), but many small investors would have lost. Thank god the Republicans lost that fight too.
After the dust settles on this health care conundrum, after the misinformation campaigns against reform, after all the stall tactics and late night calls to connections in the pharmaceutical and health insurance corporations, and after all is said and done, it appears the Republicans will kill any substantial health care reform. Another attempt to provide a big safety net, another failure to achieve it. What we'll get is a band aid for a sucking chest wound. The Democrats will try to get their consolation prize piece of their health care reform past the god, guns and guts party to save face, but no one needs a road map to see what's coming after the Obama administrations time is up. When all's said and done, this vet and Independent voter most appreciates those who put their lives on the line. While they may not have the attorneys, lobbyists, and corporate CEO's on speed dial, while they may not have the multiple homes, seven figure retirement accounts, and the domestic servants that the suits wear in D.C. and our state capitals, while they may not play to main street and fly over America to confuse and obfuscate the truth, they are the brave ones I put my trust in. Even if most of them have no idea why they are really in harms way. Semper Fi.
and the day will come when it will be privatized, maybe we won't see that day, but it will happen...Let's also make it clear, the Republicans did not want to take all of anyones SS investment and privatize it, just a very small part and then as a choice not mandatory.
Let's also make it clear, the Republicans did not want to take all of anyones SS investment and privatize it, just a very small part and then as a choice not mandatory.
Nita
yep. and it was immediately met with furious wails from the likes of the loony barbara ehrenreich that the republicans were trying to kill grandma.
..the Republicans did not want to take all of anyones SS investment and privatize it, just a very small part and then as a choice not mandatory.
Nita
That's mostly correct. The original Republican proposals were for a larger part of Social Security to be exposed to the market. The downsized plans were a compromise attempt to get something pushed through (as the Democrats now attempt to get a compromised heath care bill pushed through). The Bush agenda had the privatization plan near the top of their agenda, and their bigger plan even higher up their to-do list was a real dandy too, and our people and the people who live "over there" are living with the results every day. Why try to democratize (our version of foreign democracy aka opportunistic expansion of capital trade markets to) those outside our borders who don't want it?
Remember when Democrat's and Republican's were falling all over each other with their gushing praise and support for Alan Greenspan at every federal reserve report? So, how did Greenspan's position on less regulation of the financial, insurance and the mortgage industries work out for us? The derivatives game opportunists, the banking investment risk takers, the hedge fund manipulators, and many of the political hacks made out just fine. The American people? Some did take stupid loans, but most did not. America, like all countries, is a place where schemers hide behind the flag and feign outrage while looting the peoples piggy bank. The sooner many of us wake-up to the fact that we as Americans are not superior to others - the better.
Last edited by bongofury; 03-05-2010 at 07:49 AM..
and the day will come when it will be privatized, maybe we won't see that day, but it will happen...Let's also make it clear, the Republicans did not want to take all of anyones SS investment and privatize it, just a very small part and then as a choice not mandatory.
Nita
I agree and think this is a pretty acurate assestment of what truly happened. Hope i am right.
If you are under 50, you are not going to get Social Security, anyway. So what's the point?
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