• Answers
  • Web
Personalize Yedda, (And make Danny Happy)
People ask & answer about almost everything. Tell us what you're interested in... So we can personalize Yedda especially for you
I'm interested in:

Mat. 6:33 "Seek Ye First the Kingdom of God and All these things Shall Be Added to You!!!

Social Security - another bailout in the making ...

Social Security - another "Bailout" in the making?

Jim Brown - OneNewsNow - 8/27/2009 7:20:00

 

Worried about bills & money, a conservative congressman warns that another taxpayer bailout is likely if the government has to start putting money into the Social Security Trust Fund instead of borrowing money from it.

Earlier this week, the Social Security Administration announced it plans to cancel annual cost-of-living adjustments for the next two years, which means senior citizens will receive less money in that time period because their Medicare premiums will still increase.

Congressman Spencer Bachus (R-Alabama) predicts that the Social Security Trust Fund could be running a deficit as early as next year.

Rep. Spencer Bachus (R-Alabama)"[This development comes] at a time when...the federal government is having to constantly increase spending for [Medicare]; when we've expanded SCHIP, which is a children's healthcare program; when we've added new healthcare benefits for the unemployed, all of which jeopardize those who are paying into Medicare and their benefits," he points out.

"And then along comes Social Security," Bachus continues, "and instead of it being a revenue generator and the federal government taking that money to apply on the deficit, we may have to start putting money into Social Security a lot sooner than we thought we would."

Bachus says lawmakers on Capitol Hill need to address the impending Social Security crisis before the Trust Fund goes in the red.

Question:

For a couple months now I have been trying to get Answers from "Obamites" on "How the Obummer Health Care Plan" will be better Run than what we already have (Medi-Care / V.A. Hospitals etc.) and in the "Discourse Exchange" I haven't gotten any "Answers". I have stated the IRREFUTABLE FACTS showing how Social Security was started as being "Voluntary" & the "Funds Invested" were kept out of the "General Fund" where it actually "Made Dividends & a Surplus"!!! I also pointed out the the "Clinton Admin." passed Legislation changing the "Terms" of S.S. making it "MANDATORY NOW FROM BIRTH" to be enroled into "S.S. SLAVERY" & then "Stole the Surplus Funds" saying that we should not worry as it will be paid back with "Intrest"!!! "Checks in the Mail"!!! RIGHT!!! Now, as ALL CAN SEE there is a "Threat" being made to SCARE INTO PASSAGE THE OBUMMER HEALTH CARE PLAN JUST AS IT IS!!! So, does it make ANY sense to spend EVEN MORE ($1.6 TRILLION ) MONEY to throw after a "SELF MADE, DONKEYCRAT DISASTER" & EXPAND THE COVERAGE AREA MORE, WHEN THEY CAN'T KEEP THE PROMISSES THEY ALREADY MADE??? All may Answer, but I'd like to hear how Obamites "Twist" this one as they haven't answered the other Q's I asked.

John


Share Send to a friend Watch Report
 
 

25 Posted Answers
Order by

 

rome wasn't bulit in one day and a dollar takes sume time to trun into change,

what I'm trying to say it's not going to happen over night and maybe not in our lifr time but the wheels are starting to role we just hope the horse is attacted

 
1 helpful answer

I am only 47 and an single parent and have worked in healthcare and military and dod contracts since I was 27......lets just make it simple.   Social Security was meant for those late years and for citizens that rightfully paid into it.    Presently we have more takers than we do inputters....to include those that are drawing social security that will be overdrawn due to their dissability and programs that allow usage too easy.

 

 We will be paying for those that live longer and when we become a certified senior our own ssn monies will be borrowed from heck who knows where and i truly believe i will never be able to retire and my social security will probably barely buy groceries...

I do not believe we can clean up this whole mess......I do believe that wiping out our debt like holland and other european countries have done...by starting over and not giving handouts to anyone but those that have earned it....because again the output is larger than the input...

welfare and government funds vs insurance coverage and self payers....the hospitals are in the hole......and we let more and in and do not take care our own that have earned the right by work and principle...

 

 it is a mess......so just do the best you can for yourself and try and make a difference for those around you that make a difference....  god bless

 
1 helpful answer

I am only 47 and an single parent and have worked in healthcare and military and dod contracts since I was 27......lets just make it simple.   Social Security was meant for those late years and for citizens that rightfully paid into it.    Presently we have more takers than we do inputters....to include those that are drawing social security that will be overdrawn due to their dissability and programs that allow usage too easy.

 

 We will be paying for those that live longer and when we become a certified senior our own ssn monies will be borrowed from heck who knows where and i truly believe i will never be able to retire and my social security will probably barely buy groceries...

I do not believe we can clean up this whole mess......I do believe that wiping out our debt like holland and other european countries have done...by starting over and not giving handouts to anyone but those that have earned it....because again the output is larger than the input...

welfare and government funds vs insurance coverage and self payers....the hospitals are in the hole......and we let more and in and do not take care our own that have earned the right by work and principle...

 

 it is a mess......so just do the best you can for yourself and try and make a difference for those around you that make a difference....  god bless

Helpful?(2)
Rated as Best Answer
 
3 helpful answers

Our presidents and congress for years have been taking millions out for years to give away to other countrys or paying their bills but what they dont tell you is,the money is social security found that they take out of,then they put a I-O-U- in the found and never pay it back,are we dummmmm,because we say nothing

 
3 helpful answers

The new world order,a people with a spirit of antichrist,the jews in new york had congress pass a hate crime bill that puts christians in jail because the new testment bible is hate speech to jews,so you jews try to kill us like you killed JESUS the SON of GOD,no wander you have all those problems

Helpful?(0)
Rated #13 out of 25
 
12 helpful answers

bluebird, loves birds  KIDS  and decent people... caring and loving.. and puppy dogs... we have plenty

Sure the government will need a bail out for social security while the war rages on, that obame promised he'd bring our t roops home!!@##

How many more of our kids and brightest young people have to die for countries that dearly love wars, and have for thousands of years... And we deplete our resoursces for nothing in the end!!!  While mothers and fathers and brothers and sisters go visit graves of lost loved ones.... We've got the resources to bomb the hell out of another country that causes death on our soil....Why not use it..

Helpful?(0)
Rated #14 out of 25
 
2 helpful answers

Fire Congress and back our President

This would NOT be a bail out.  It would be to repay 8 years of I.O.U.'s.  If you check further, you will find that they have played with SS way back since Reagan.  They move it around to make the income look bigger and debt smaller.  Then they actually started using the monies for war and whatever but it is full of IOU's.  I am so tired of the lying from politicians and the press carries the lies to make them look real and scare the hell out of seniors.  My own Dad was fearful and I told him as long as we work, money will be going in to SS.  I now get SS but not qualified for  medicare but it is about $250 a month because I was forced to work low pay jobs to support 2 kids.  Did what I had to do to fit circumstances.  And no, did not get welfare or help from anyone, not even child support.

By the way, this isn't a hate site for people to condemn Jews or anyone else.  Your info is flat ignorant.  We don't give SS to illegals and won't in the future.  We have freedom of religion so Jews are free to practice their religion just like anyone else that may be muslim or buddist.  That, fool, is what this country is all about.  Read your constitution or have someone explain it.  We have hate crimes in this country and a law needed to be made.  It was NOT the Jews that had the law made.  It was a moral decision.

 
5 helpful answers

I'd rather be flying than trying to educate dumb a$$ Liberals

What really makes me laugh is when one the Congressmen or Congresswomen say they only borrowed the money from the SS trust fund...Fact is they have been looting it ever since President Johnson and his Democratically controlled house and senate enacted legislation allowing them to use(steal is more like it)the SS trust funds mostly for a bunch of politically motivated pork barrel projects....Not one dime has ever been paid back...Why they even use the term BORROWED is a JOKE.

 

I will repost this for Greenriverkate(Obviously a Liberal Jew)who wants to blame Reagan for what the Democrats started:


Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)
Program.
He promised:
1.) That participation in the Program would be completely voluntary.
2.) That the participants would only have to pay 1% of the first $1,400
of their annual incomes into the program,
3.) That the money the participants elected to put into the Program
would be deductible from their income for tax purposes each year,
4.) That the money the participants put into 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,
5.) That the annuity payments to the retirees would never be taxed as
income.Since many of us have paid into FICA for years and are now receiving a
Social Security check every month -- and then finding that we are
getting taxed on 85% of the money we paid to the federal government to
put away, you may be interested in the following:
-------------------------------------------------------------
Q: Which political party took Social
Security from the Independent 'Trust Fund' and put it in to the General
Fund so that Congress could spend it?
A: It was Lyndon Johnson and the
Democratically controlled House and Senate.
------------------------------------------------------------
Q. Which political party eliminated
the income tax deduction for Social Security (FICA) withholding?
A: The Democratic Party.
-----------------------------------------------------
Q. Which political party started taxing
Social Security annuities?
A: The Democratic Party, with Al Gore
casting the tie-breaking deciding vote as President of the Senate, while
he was Vice President of the U.S.
--------------------------
Q: Which political party decided to
start giving annuity payments to immigrants?
AND MY FAVORITE:
A: That's right! Jimmy Carter and the
Democratic Party. Immigrants moved into this country, and at age 65,
they began to receive Social Security payments! The Democratic Party
gave these payments to them even though they never paid a dime into it!
----------------------------------------------------------------------
Then, after violating the original
contract (FICA), the Democrats turn around and tell you that the
Republicans want to take your Social Security away! And the worst part
about it is, uninformed citizens believe it! If enough people receive
this, maybe a seed of awareness will be planted and maybe changes will
evolve. Maybe not, some Democrats are awfully sure of what isn't so.
But it's worth a try. How many people can YOU send this to? Actions
speak louder than bumper stickers.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE
TERM!!!
A government big enough to give you everything you want, is strong
enough to take everything you have
----Thomas Jefferson----
Both parties helped themselves to SS money .but it was the Democrats under Johnson that actually enacted legislation to allow them to do it legally...Isn't it ironic that the Liberal Democrats say SS is so great a system except for one very important thing....None of them are on it....The Congress and all Government employess have private retirement accounts and we are told by the Democrats that its the Republicans fault....Check your history people,Kate is full of it.

Illegals will get SS if Obama has his way.

http://www.numbersusa.com/content/nusablog/edwardsj1/august-24-2009/immigration-and-health-care-legislation-table-will-extend-health-c?jid=242990&lid=9&rid=2235&tid=595997

Helpful?(2)
Rated as Best Answer

Sign in to participate

Got an answer for Moosemose? Would you like to comment on the posted answers, or vote for the one which you think is the best?

Sign up for a free account, or sign in (if you're already a member).

Explore Related Questions

Other people asked questions on similar topics, check out the answers they received:


Q:

Debt from bailout

How many Americans are concerned about the debt from the bailout we will leave for our children that will be paying for it for ...
Submitted by PJ   7 months ago.
  • viewed 609 times
Last answer posted 4 months ago by Robert


Q:

Political Polls

These polls done daily - I have never been called in my life. I polled 50 other people verbally wiithin my age group, and they ...
Submitted by Mtngirl   7 months ago.
  • viewed 374 times
Last answer posted 16 days ago by Rocket112
Asked about "Obama AP Poll"


Q:

Media bias in Politics

Why does the Media report that George Bush is being googy overseas (AOL) and that King Obama is being a "diplomat?" and just his ...
Submitted by Bonnie   7 months ago.
  • viewed 185 times
Last answer posted 1 month ago by Michael Joel Held
Asked about "Obama Chavez Summit"



» More...

Feed - Subscribe to changes to this Q&A Blog
ADVERTISEMENT
  • Answers
  • Web
Copyright © 2006-2009, Yedda Inc. and respective copyright owners · CC License