John Boehner R-Ohio, says use Social Security funds to pay for war

[rpncaine]

It's not in a "Lock Box"?

[Danzig]

Originally Posted by rpncaine

It's not in a "Lock Box"?

why, suuuuuure it is....only problem is, seems everyone in washington has the key!


funny, isn't it, that laws require pension plans to be fully funded-except for social security?

[Riot]

Start a war or two.

Worry about funding it years later.

Take the money from your most elderly, non-working citizens to do so.

Brilliant.

[Danzig]

Originally Posted by Riot

Start a war or two.

Worry about funding it years later.

Take the money from your most elderly, non-working citizens to do so.

Brilliant.

no, it'll be fine. we had a discussion a few months back about ss, you assured me there was nothing to worry about.

[Riot]

I guess that in college, Bush should have done less drinking, and more reading of Machiavelli and the funding of wars.

Boehner probably expects support from the far right/libertarian anti-government "abandon or dismantle social security" crowd for his position. War over socialist handouts - that has to be a winner with them, hum?

Yet at the same time he's going all-in against those same people - they were the ones screaming, "keep your government hands off my medicare" last August, and fearing "government death panels".

I imagine those folks will feel the very same way about their social security, and the creation of government panels determining who will receive it, and who will not.

Interesting political position Boehner is taking.

[AeWingnut]

Originally Posted by Riot

I guess that in college, Bush should have done less drinking, and more reading of Machiavelli and the funding of wars.

and Obama should be doing less crack.

Originally Posted by Riot

Boehner probably expects support from the far right/libertarian anti-government "abandon or dismantle social security" crowd for his position. War over socialist handouts - that has to be a winner with them, hum?

There are plans to takeover 401ks to fund Social Security. Social Security is in the general fund because it is unConstitutional. They had to sell it as just another tax and that's all it will be to the generations that paid the most for the ones that pay the least.

and what does far right mean? You are really really for the Constitution?

[Cannon Shell]

Originally Posted by Riot

Start a war or two.

Worry about funding it years later.

Take the money from your most elderly, non-working citizens to do so.

Brilliant.

"We need to look at the American people and explain to them that we're broke," Boehner said. "If you have substantial non-Social Security income while you're retired, why are we paying you at a time when we're broke? We just need to be honest with people."


I guess you missed the part about moving the age for people that are 20 or more years away from SS as well.

[Danzig]

1-we're not broke. obama just went to the g20 wanting more spending. he lost that fight. thank goodness.
2-if the wars are making us broke, get out of the effing wars.
3-bush started both, but 1 1/2 years into obama's run, and we're still there. so, now they're his wars. just like nixon when he inherited vietnam. perhaps obama should also have studied machiavelli.
4-social security isn't supposed to be an entitlement program. we all pay in, with the expectation we all get it back out when we're old. it's funny, now this guy wants to tell some of us that even tho you paid in for years, too bad-you can't have it back.


old people and kids are who pols mention when they want their way. no doubt there's other spending that could be cut.

[joeydb]

Not broke??

Do we define being broke as not having enough money to pay our current debts, or as having reached our borrowing limit ("day of reckoning")? I would suggest it is the former, not the latter, but I am a fiscal conservative.

[joeydb]

By the way, and I can't believe I am saying this, but I agree with Riot that we should not be using Social Security funds to pay for wars. I will further amplify that to say we should not use Social Security funds to pay for anything but retirement expenses of Social Security contributors.

That means:
no payments to non-contributors (like illegal aliens)
No payments to those below retirement age.
Actually treating it like a separate pool of money, making Al Gore's "Lock Box" something other than the fantasy it has always been.

This also allows for:
The voluntary participation of the people and allowing people to GET OUT OF IT.

The program is doomed. No one below the age of 40 actually expects to collect anything meaningful from it, should the program even exist. Almost no one gets the principle plus interest they should be getting from what was originally sold as a retirement investment program.

That said, as Riot alludes to, it doesn't make sense to put yet another torpedo into the hull of that sinking ship.

[Danzig]

Originally Posted by joeydb

Not broke??

Do we define being broke as not having enough money to pay our current debts, or as having reached our borrowing limit ("day of reckoning")? I would suggest it is the former, not the latter, but I am a fiscal conservative.

lol
my 'we're not broke' was really tongue in cheek...but after all, if the president wants to keep spending, then we must not be broke...right?

[Antitrust32]

Originally Posted by Danzig

1-we're not broke. obama just went to the g20 wanting more spending. he lost that fight. thank goodness.
2-if the wars are making us broke, get out of the effing wars.
3-bush started both, but 1 1/2 years into obama's run, and we're still there. so, now they're his wars. just like nixon when he inherited vietnam. perhaps obama should also have studied machiavelli.
4-social security isn't supposed to be an entitlement program. we all pay in, with the expectation we all get it back out when we're old. it's funny, now this guy wants to tell some of us that even tho you paid in for years, too bad-you can't have it back.


old people and kids are who pols mention when they want their way. no doubt there's other spending that could be cut.

Obama is starting to look like a fool to the rest of the world.

Rest of world: "We need to stop spending and stop stimulus packages, we are broke"

Obama "No.. the way to get out of debt is to spend so much more and print worthless money! Come on guys! Lets have a beer, pull some wool over your eyes, and spend some cash!"

FYI - I dont feel to bad for old folks like Riot who might not get all the SS she paid in.. because my generation will get doo doo from SS.

[Riot]

Originally Posted by Antitrust32

FYI - I dont feel to bad for old folks like Riot who might not get all the SS she paid in.. because my generation will get doo doo from SS.

I'll get all I paid in without question. It's good for 25 years, and there is no baby boomer generation beyond the one I'm at the tail of. If Boehner doesn't loot it and change the rules. You need to make sure it's there for you - by not allowing the rules to be changed on you. Again, it should be, easily, as the minor adjustments made over the years have worked in the past, and should work again.

[Riot]

Originally Posted by Cannon Shell

I guess you missed the part about moving the age for people that are 20 or more years away from SS as well.

Uh, no, that's exactly what I'm talking about. All the parts you quoted. Duh.

[Cannon Shell]

Originally Posted by Riot

Uh, no, that's exactly what I'm talking about. All the parts you quoted. Duh.

You said "take money from your elderly, non working citizens".

How many people 50 year olds and under (20 or more years from SS at the proposed age) are considered elderly, non-working citizens?

Is 50 the new 70?

[Riot]

Originally Posted by Cannon Shell

You said "take money from your elderly, non working citizens".

How many people 50 year olds and under (20 or more years from SS at the proposed age) are considered elderly, non-working citizens?

Is 50 the new 70?

Psst ... the money is taken from them, and as a result they do not have it when they are elderly, non-working citizens. Follow?