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View Diary: Washington Post/ABC News poll: You want to do what to Social Security? (176 comments)

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  •  Sure there is, (9+ / 0-)

    if you believe that helping Republicans save face is a valid justification. I don't.

    The GOP can't win on ideas. They can only win by lying, cheating, and stealing. So they do.

    by psnyder on Tue Dec 18, 2012 at 01:22:58 PM PST

    [ Parent ]

    •  Yep, I should have used the work "valid" (5+ / 0-)
    •  How does anyone save face with this?? No one (1+ / 0-)
      Recommended by:
      psnyder

      wants it.

      •  More money for banksters (1+ / 0-)
        Recommended by:
        psnyder

        Soc Sec is a giant pot of money that they can't squeeze us for, can't make fees on...

        Government and laws are the agreement we all make to secure everyone's freedom.

        by Simplify on Tue Dec 18, 2012 at 04:02:03 PM PST

        [ Parent ]

        •  Please elaborate...still don't quite understand. (2+ / 0-)
          Recommended by:
          psnyder, Simplify
          •  Social Security is mandatory retirement savings (1+ / 0-)
            Recommended by:
            akmk

            Everyone earning pay contributes some of it to the Social Security trust fund until they retire. Social Security benefits are paid out of this fund, not out of general government funds. It's a giant pool of savings. If it Social Security didn't exist (i.e. if it were "privatized"), people who wanted to save for retirement would be stuck with either keeping cash, investing on their own, or investing through private financial companies. Many would do the latter. The financial companies are salivating over that business.

            Don't know if you remember from the 2000 presidential campaign, but the Social Security trust fund is the "lockbox" that Gore was going on and on about. That's because the federal government started to borrow from these funds by trading Treasury debt certificates for them. Even more troublesome, the (about-to-expire) "payroll tax holiday" that Obama passed lowers the Social Security trust fund's intake on the promise that the government will backfill it with regular funds later.

            Anyway, you might already know all of this, but the main point is that the Social Security trust fund is a giant pool of all of our retirement savings that the financial companies want to "manage" for us, i.e. gamble with, just like they did with home mortgages.

            Government and laws are the agreement we all make to secure everyone's freedom.

            by Simplify on Tue Dec 18, 2012 at 09:50:30 PM PST

            [ Parent ]

      •  Republicans don't come away empty-handed. (1+ / 0-)
        Recommended by:
        jm214

        Thus they save face, for whatever the hell that's worth. I guess Obama would be saying that his offering the Republicans a way to save face would be worth the suffering of a lot of seniors. Pretty shitty, if you ask me.

        The GOP can't win on ideas. They can only win by lying, cheating, and stealing. So they do.

        by psnyder on Tue Dec 18, 2012 at 05:54:40 PM PST

        [ Parent ]

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