French jets protecting Libyan rebels

[Riot]

Originally Posted by somerfrost

I think we pretty much agree, but cutting SSI and Medicare benefits to the most wealthy would certainly help a lot. My concern has always been that when it comes time to spread the suffering, it never extends beyond the middle class.

I'm all for raising the Social Security ceiling from $103,800 to $200,000 or $250,00, but I have a severe problem with any "financial test" for people to get their Social Security back out, based upon their income at retirement and taking into consideration retirement income from other sources.

I'm completely against that. There should be no test for receiving SS. You pay in, you get out.

Because you worked hard and made more money in the end than the other 98% of people, why should you be denied Social Security at retirement?

If we need more revenue to make it work in 27 years, then let's raise the ceiling just a little now, make the whole fund flush for decades to come, and even be able to increase benefits to everyone!

Why in the world don't we do that? Rather than looking at cutting benefits or raising the retirement age on the vast majority of recipients, those who make very little and have paid into it for 20-30 years already. That makes no sense to me at all.

[jms62]

Originally Posted by Riot

I'm all for raising the Social Security ceiling from $103,800 to $200,000 or $250,00, but I have a severe problem with any "financial test" for people to get their Social Security back out, based upon their income at retirement and taking into consideration retirement income from other sources.

I'm completely against that. There should be no test for receiving SS. You pay in, you get out.

Because you worked hard and made more money in the end than the other 98% of people, why should you be denied Social Security at retirement?

If we need more revenue to make it work in 27 years, then let's raise the ceiling just a little now, make the whole fund flush for decades to come, and even be able to increase benefits to everyone!

Why in the world don't we do that? Rather than looking at cutting benefits or raising the retirement age on the vast majority of recipients, those who make very little and have paid into it for 20-30 years already. That makes no sense to me at all.

And pass a law that our theiving Presidents can not borrow from it.

[SOREHOOF]

Didn't SS pay out more than it took in in 2010? How is that solvent. The tax cuts create more revenue for the Govt. FACT. If you raise income taxes on the wealthy they pay less taxes. They didn't get wealthy by giving their money away. A lot of wealthy people pay no income tax. They stop showing income when the tax rates get too high. That is how they stay wealthy. Income Tax does not tax wealth, just income. Do you want to seize property from the wealthy to make up for a lack of income? The Govt. is going to have to start spending within its means.

[hoovesupsideyourhead]

american f-15 crashed /not sure if it was a mechanical or not..pilots ejected..

[somerfrost]

Originally Posted by hoovesupsideyourhead

american f-15 crashed /not sure if it was a mechanical or not..pilots ejected..

Pilots rescued, crash due to mechanical problems not enemy fire according to CNN.

[SOREHOOF]

Our military equipment is getting pretty beat up from all the years in Afghan and Iraq. Now would be a good time for a military buildup. That's always an economy booster. Lots of jobs. Increased revenue for the feds. Call it a humanitarian effort to bring the Libs on board.

[Riot]

Originally Posted by SOREHOOF

Didn't SS pay out more than it took in in 2010? How is that solvent.

http://en.wikipedia.org/wiki/Social_...ited_States%29

The tax cuts create more revenue for the Govt. FACT.

So you believe "trickle-down economics" works. A few decades of experience in this country says no, according to most economists. But some of you remain with that belief. I don't know what supports that, however. The facts don't.

If you raise income taxes on the wealthy they pay less taxes. They didn't get wealthy by giving their money away. A lot of wealthy people pay no income tax. They stop showing income when the tax rates get too high. That is how they stay wealthy. Income Tax does not tax wealth, just income.

You don't have to raise the tax rate. You cut the loopholes so private citizens and corporations - especially corporations, such as the top ten biggest in this country who pay zero taxes - stop paying no tax. Then you could probably even lower the tax rate for everyone, corporate and private.

Do you want to seize property from the wealthy to make up for a lack of income?

No. I live in a democracy, where illegal appropriation of property doesn't cross one's mind as a solution to anything.

The Govt. is going to have to start spending within its means.

The government should stop giving away our money to it's special friends, then crying broke.

[Riot]

Originally Posted by jms62

And pass a law that our theiving Presidents can not borrow from it.

Yes. But how about also preventing what some of the current crowd of GOP want, to put it "in the markets"

[SOREHOOF]

Originally Posted by Riot

Yes. But how about also preventing what some of the current crowd of GOP want, to put it "in the markets"

When that first came up I thought it sounded like a good idea. Now, not so much.

[somerfrost]

Originally Posted by SOREHOOF

When that first came up I thought it sounded like a good idea. Now, not so much.

It did sound good at first, especially for the young, but recent economic realities showed the flaws.

[Riot]

Originally Posted by SOREHOOF

When that first came up I thought it sounded like a good idea. Now, not so much.

Ditto.