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Privatize Social Security?! Can we finally kill this terrible idea?
the best policy Privatize Social Security?! Can we finally kill this terrible idea? By Eliot Spitzer Posted Wednesday, Feb.Social Security and Medicare Monies Running Out
WASHINGTON (AP) -- Social Security and Medicare are fading even faster under the weight of the recession, heading for insolvency years sooner than previously expected, the government warned Tuesday. Social Security will start paying out more in benefits than it collects in taxes in 2016, a year sooner than projected last year, and the giant trust fund will be depleted by 2037, four years sooner, trustees reported. Medicare is in even worse shape.Your Social Security
PUBLIC POST * Recieved this via e-mail. Some food for thought. "Your Social Security" Just in case some of you young whippersnappers (& some older ones) didn't know this.Cafferty File: Privatizing Social Security
Transcript: "Well maybe he decided we don’t need a commission because to paraphrase John McCain, the economy's strong. Right? Fundamentally strong.Thieves Steal Kurt Cobain’s Social Security Number
Deceased rocker Kurt Cobain of Nirvana has had his identity stolen. Thieves had gotten a hold of his Social Security number and have been scoring all kinds of good stuff since 2003. Just to name a few, a $3.2 million mansion, 2 cars and 188 credit cards.Medicare and medicaid
I want you to look at this clip from President Bush's 2006 "State of the Union" , and the reaction in the audience. http://www.youtube.com/watch?v=6mqSXsNJzRM&eurl=http%3A%2F%2Fgatewaypundit%2Eblogspot%2Ecom%2F2009%2F05%2Fdems%2Dcheered%2Dblocking%2Dsocial%2Dsecurity%2Ehtml&feature=player_embedded Social Security, Medicare bleeding faster By David M. Dickson (Washington Times) The deep economic recession has brought the days of reckoning for Social Security and Medicare much closer, with Medicare's program for hospital stays already running in the red and Social Security expected to start taking in less cash than it pays out beginning in 2016.Social Security makes it official: No COLA in 2010
WASHINGTON – There will be no cost of living increase for more than 50 million Social Security recipients next year, the first year without a raise since automatic adjustments were adopted in 1975, the government announced Thursday. Blame falling consumer prices. By law, cost of living adjustments are pegged to inflation, which is negative this year because of lower energy costs.US Marches Toward A Financial Disaster Worse Than Anyone Thinks
http://www.thebulletin.us/articles/2009/04/23/herb_denenberg/doc49f024d471152996180582.txt By Herb Denenberg, The Bulletin Thursday, April 23, 2009 This column will show you that: • Barack Obama’s financial disaster will be much worse than you probably think. That’s because there is another even bigger financial disaster lurking ahead and that will start to come into play in a few short years. • There are alternatives to the Obama-style socialist health-care reforms.Social Security to pay out more in benefits than it collects in taxes the next two years,
Social Security strained by early retirements By STEPHEN OHLEMACHER WASHINGTON (AP) - Big job losses and a spike in early retirement claims from laid-off seniors will force Social Security to pay out more in benefits than it collects in taxes the next two years, the first time that's happened since the 1980s. The deficits - $10 billion in 2010 and $9 billion in 2011 - won't affect payments to retirees because Social Security has accumulated surpluses from previous years totaling $2.5 trillion. But they will add to the overall federal deficit.I am in trouble here
I am in trouble... The population of this country is 300 million. 160 million are retired.
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