"3. My Social Security payments, and those of millions of other Americans, were safely tucked away in an interest bearing account for decades until you political pukes decided to raid the account and give OUR money to a bunch of zero ambition losers in return for votes, thus bankrupting the system and turning Social Security into a Ponzi scheme that would have made Bernie Madoff proud."
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Craig - Well, not exactly. Social Security has generated a surplus for many years. It was "lent" to the regular part of the Federal Government and spent. So the Federal Government, of which we are a part, owes money to Social Security, of which we are a part. So we owe ourselves money. And we owe some money to foreign investors as well.
The system is set up as pay as you go, with current workers paying the Social Security of retirees. When the current workers retire they will receive money paid by younger workers. This would work forever, except that for some future years the pig in the python baber boomers are too great in number for a reduced number of workers to support, and because our great health care system keeps people alive much longer.
So, we either have to raise Federal government taxes, probably income taxes to "pay back" funds to the social security system, or raise social security taxes, or reduce social secrurity benefits, or raise the retirement age.
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The original email points out why politicians all dodge and duck this issue. Simpson is actually one of the adults here, calling out that we need to fix this problem and gives a reasonable plan to fix the problem. And he can do this since he is no longer running for office. This is a classic example of killing the messenger.
We will eventually fix this. It is not that difficult. And those of us who are now Social Security age will probably adovocate for higher taxes, or higher retirement age for future retirees. In other words, keeping our kids working longer years to support us.
Is this a great country, or what?
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Complete Email
THIS SENIOR CITIZEN NAILED IT!!!!!!!!!!!!!!
Alan Simpson, Senator from Wyoming , Co-Chair of Obama's deficit
commission, calls senior citizens "the Greediest Generation" as he
compared Social Security to a Milk Cow with 310 million teats.
August, 2010."
Here's a response in a letter from a unknown fellow in Montana ... I
think he is a little ticked off ! He also tells it like it is !
"Hey Alan, let's get a few things straight...
1. As a career politician, you have been on the public dole for FIFTY
YEARS.
2. I have been paying Social Security taxes for 48 YEARS (since I was 15
years old. I am now 63).
3. My Social Security payments, and those of millions of other
Americans, were safely tucked away in an interest bearing account for
decades until you political pukes decided to raid the account and give
OUR money to a bunch of zero ambition losers in return for votes, thus
bankrupting the system and turning Social Security into a Ponzi scheme
that would have made Bernie Madoff proud.
4. Recently, just like Lucy & Charlie Brown, you and your ilk pulled the
proverbial football away from millions of American seniors nearing
retirement and moved the goalposts for full retirement from age 65 to
age 67. NOW, you and your shill commission is proposing to move the
goalposts YET AGAIN.
5. I, and millions of other Americans, have been paying into Medicare
from Day One, and now you morons propose to change the rules of the
game. Why? Because you idiots mismanaged other parts of the economy to
such an extent that you need to steal money from Medicare to pay the
bills.
6. I, and millions of other Americans, have been paying income taxes our
entire lives, and now you propose to increase our taxes yet again. Why?
Because you incompetent bastards spent our money so profligately that
you just kept on spending even after you ran out of money. Now, you come
to the American taxpayers and say you need more to pay off YOUR debt.
To add insult to injury, you label us "greedy" for calling "bullshit" on
your incompetence. Well, Captain Bullshit, I have a few questions for
YOU.
1. How much money have you earned from the American taxpayers during
your pathetic 50-year political career?
2. At what age did you retire from your pathetic political career, and
how much are you receiving in annual retirement benefits from the
American taxpayers?
3. How much do you pay for YOUR government provided health insurance?
4. What cuts in YOUR retirement and healthcare benefits are you
proposing in your disgusting deficit reduction proposal, or, as usual,
have you exempted yourself and your political cronies?
It is you, Captain Bullshit, and your political co-conspirators who are
"greedy". It is you and they who have bankrupted America and stolen the
American dream from millions of loyal, patriotic taxpayers. And for
what? Votes. That's right, sir. You and yours have bankrupted America
for the sole purpose of advancing your pathetic political careers. You
know it, we know it, and you know that we know it.
And you can take that to the bank, you miserable son of a bitch.
PASS IT ON!!!!
"Socialism in general has a record of failure so blatant that only an
intellectual could ignore or evade it" -- Thomas Sowe
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