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Old 02-10-2011, 12:36 PM
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Riot Riot is offline
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Join Date: Mar 2007
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It's the first time in the history of SS that a COLA payment hasn't happened - two years in a row. Hear any warning bells?
Do you know what your SS COLA is tied to?

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How bad does it have to get before you'll realize the program is in trouble?
Where is that real disaster? Other than the manufactured fears some are using to attempt to privatize it? (and as a SS recipient, you should fear privatization with unabated terror, after what has happened to privatized investments on Wall Street the past 5 years).

Right now Social Security is meeting 100% of their obligations, easily, and are predicted to do so until 2037. At that point they can meet 78% of their obligations.

There's been nothing posted to disprove the SS Administrations math on that.

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How high a % in payroll deductions and how the amount of wages?
Why are you saying this, when even you admit the payroll deductions are not actually as high as you contended to use this argument?

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And, how is the government going to repay all the money it "borrowed" from the fund?
As that money was "borrowed" to purchase secured treasuries, unless the US literally defaults and goes bankrupt, it's there.

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And, is there really any money in the "Suspense" fund - you know that account where all the SS payments supposedly go to for the pmts made using fictitious SS #'s
The above is conspiracy theory about the suspense fund. You say the government is lying it exists. Okay.
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