House GOP leaders threaten gov shut down if SS and Medicare don't get cut

junior1

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May 29, 2001
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Can you prove the comments made were not true? Do you have any proof that the GOP House Leaders are looking to cut SS and other programs if they attain the majority. Just show way Bloomberg News and others are reporting this on their business/law sites - it's the type of information investors need to know.
2lion, after what has gone on with the media since trump came down the escalator, can you say with any degree of certainty that what is printed in newspapers or reported through the media, especially outlets like MSNBC, Bloomberg, CBS, NBC, ABC, CNN is accurate. These are the same outlets that reported on trump pee tapes, the dossier, the hunter laptop, BLM with stories that have since been proven inaccurate.
The stories about social security and medicare have been reported, just about during election season, by the same media outlets and typically subscribe to "factual" stories that republicans are going to cut these programs.
As I pointed out in one post, there was an ad and stories about paul ryan pushing grandma over the cliff as verbage espoused republicans eliminating or cutting ss and medicare. It didn't happen. And there is never any recourse about the disinformation put out.
I don't doubt that Bloomberg might have reported on what some republicans said about either or both ss or medicare. If you or I were in congress and saw the current state of the financing for these programs both of us would likely take the position that something has to happen. You look at all options.
 
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ao5884

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Oct 1, 2019
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Good let me take the money i pay in to social security and invest it myself. Im better at it than the government and im not capped on the amount i can receive ( not capped on how long i have to pay in though surprise surprise)
 

Darth_VadEER

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Dec 14, 2010
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Good let me take the money i pay in to social security and invest it myself. Im better at it than the government and im not capped on the amount i can receive ( not capped on how long i have to pay in though surprise surprise)
This.

It's the worst investment you can ever make.
 

KnightWhoSaysNit

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Jul 19, 2010
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Good let me take the money i pay in to social security and invest it myself. Im better at it than the government and im not capped on the amount i can receive ( not capped on how long i have to pay in though surprise surprise)

Not possible. It's a Ponzi scheme that cannot be eliminated except through a decision to further defraud -- sort of like saying the government will control inflation at 2% and then spending so much money that we get 9%. Bye bye retirement savings.

I learned a little about the creation of SS through, believe it or not, CNN.

CNN ran a piece a few days ago saying that FDR wanted SS but couldn't get it past the Supreme Court. So he and the Democratic Congress threatened to pack the court. The conservative court then caved. CNN claimed that the will of the people prevailed. But did it? CNN wants the same thing today on RvW.

What essentially happened was that the role of the Supreme Court was eliminated. A critical part of government checks and balances became corrupted through threats, not much different than harassing judges outside of their homes. That strong-arming left us with an enforced Ponzi scheme. It would take from the young to provide for the old and anyone that could claim to be disabled.

This is what Democrats want -- majority rule at a national level, or perhaps more accurately, at a global level. They don't like that we have a republic of states. They are globalists. California and New York rule Wyoming and Mississippi. We do what our allies want. We appease China. Americans last.

Democrats don't even want national borders. Screw the views of minorities. Screw Americans. Horrah for authoritarian socialism, otherwise known as communism.
 
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psuted

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Nov 26, 2010
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Can you prove the comments made were not true? Do you have any proof that the GOP House Leaders are looking to cut SS and other programs if they attain the majority. Just show way Bloomberg News and others are reporting this on their business/law sites - it's the type of information investors need to know.
I don’t have to prove anything, as it’s just more dishonest Democrat hyperbole aimed at scaring people. It’s that age old Democrat lies and distortions and it’s not working as the disaster and pain created by Biden and the Congressional Democrats far outweighs anything out of the old dishonest Democrat playbook.
 
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Darth_VadEER

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Dec 14, 2010
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it is a legal ponzi scheme

the only possible way out is to cut off benefits starting with some future generation but still make them pay in

there are no other ways to fix it

The other solution is for the government to simply confiscate money from it's citizens....because it would be "inequitable" to allow our most vulnerable, who are older BIPOC/Trans/Non-Binary to suffer without benefits.

That's the more likely scenario...they will call it a Privilege Tax
 

2lion70

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Jul 1, 2004
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Good let me take the money i pay in to social security and invest it myself. Im better at it than the government and im not capped on the amount i can receive ( not capped on how long i have to pay in though surprise surprise)
Really? Returns in the markets are down 20% this year - is that better than the 8.7% increase in SS for next year?
 

ao5884

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Oct 1, 2019
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Really? Returns in the markets are down 20% this year - is that better than the 8.7% increase in SS for next year?
You are seriously not this dumb are you? My investments in Gold alone have garnered a 51% return.
 

bdgan

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May 29, 2008
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Really? Returns in the markets are down 20% this year - is that better than the 8.7% increase in SS for next year?
You apparently like the idea of spending more than we collect.
 

bdgan

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May 29, 2008
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Turnns out you were able to invest in gold in previous years. Like I said I'm sitting at a 51% return. Silver at 27%
True, but you were also able to invest in stocks in previous years.

If you're up 51% in gold you must have bought in 2009. If you bought stocks in 2009 you would be up 300%.

I understand and agree with your point that you could do better investing your own SS money. The problem is you're SS contributions aren't even being invested in treasuries. They're being paid out to current retirees. It's a ponzi scheme.

My point is that stocks, precious metals, bonds, cryptocurrency, etc. are all taking a dive in Biden's economy.
 

Bob2022

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Mar 15, 2022
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Oh boy, let's pull out the republicans are going to cut social security and medicare once again. Didn'r paul ryan already throw grandma over the ledge? Did she climb all the way up just to get thrown over again?
Nah, there's plenty of grandmas to throw off a cliff.