The Fiscal Curb
-
Too bad you know who and Tupa arent here today.
I'd be surprised if anyone could defend this piece of crap of a deal that was foisted upon us the other night.
First of all I didn't care at all about the phony cliff.
I don't think anyone with a brain could have bought into that hype.
The only good thing was to dump that ridiculous payroll tax reduction.
Seriously if no 1 is going to adjust Social Security then we're going to have to pay for it, probably more very soon.
I'd have been happy to let the Defense Department scramble to see what they could get by with.
I don't think any agency will make reasonable adjustments or cuts to their wasteful spending until they are forced to.
This really is a disaster waiting to happen.
WSS
-
Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA) Program. He promised:
1) That participation in the Program would be
completely voluntary,
No longer Voluntary
2) That the participants would only have to pay
1% of the first $1,400 of their annual
incomes into the Program,
Now 7.65%
On the first $90,000.
3) That the money the participants elected to put
into the Program would be deductible from
their income for tax purposes each year,
No longer tax deductible
4) That the money the participants put in went to the
Independent 'Trust Fund' rather than into the
General Operating Fund, and therefore, would
only be used to fund the Social Security
Retirement Program, and no other
Government program, and,
Under Johnson the money was moved to
The General Fund and spent.
5) That the annuity payments to the retirees would never be taxed
as income.
Under Clinton & Gore
up to 85% of your Social Security can be taxed
Q: Which Political Party decided to start
giving annuity payments to immigrants?
A: That's right!
Jimmy Carter and the Democratic Party.
Immigrants moved into this country, and at age 65,
began to receive Social Security payments! The
Democratic Party gave these payments to them,
even though they never paid a dime into it!
waiting to see what comes next ..... Obama... your move?
-
I'm still waiting for someone to actually explain this thing to me. Also, from the little I've read, don't we have a debt ceiling thing to make a decision on in a few months?
-
Yep. There's the debt ceiling looming quickly on the calendar.
And Obamao is demanding that he be given the power to raise said debt ceiling at his whim.
Projected federal deficit at the end of ObaMao's term? about twenty TRILLION...or more.
Big, serious trouble.
And this comes from the same Obamao president asswipe that bitterly crticized BUSH's DEBT....
as "Unpatriotic"...
Meanwhile, the PRAVDA news jobbie is telling Americans to NOT GIVE UP THEIR GUNS.
And they say why.
Really big trouble.
-
Just keep saying that. Maybe one day you'll be right lol
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login