http://www.investmentu.com/2009/October/the-problem-with-social-security.html Investment Advice and Investment Research with a Contrarian Point of View Thu, 09 Feb 2012 16:06:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-29075 david jones Mon, 09 Nov 2009 01:40:43 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-29075 the politicians need to put a cap on medical costs. with costs costinging 5% more this year then wages, know wonder the working class are getting know where. also adding into 2 wars we can not afford. plus the fact that we have 2 rebuild these countries. keep bringing imagrants into this country and see how far your cost of living will go..... sincerely dc jones the politicians need to put a cap on medical costs. with costs costinging 5% more this year then wages, know wonder the working class are getting know where. also adding into 2 wars we can not afford. plus the fact that we have 2 rebuild these countries. keep bringing imagrants into this country and see how far your cost of living will go….. sincerely dc jones

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27119 John Kelsey Sat, 17 Oct 2009 04:02:02 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27119 The second sentence of the third paragraph says, "For example, the life expectancy of American men in 1935 was 76.9." This cannot be right. It is probably 46.9. The second sentence of the third paragraph says, “For example, the life expectancy of American men in 1935 was 76.9.” This cannot be right. It is probably 46.9.

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27080 patrik ohourne Fri, 16 Oct 2009 22:09:09 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27080 The income generated for SS was lost when the US allowed manufacturing to be "offshored" which, true to the design of those permitting it, resulted in fewer emloyees paying into SS; the major impetus behind scuttling the program. The income generated for SS was lost when the US allowed manufacturing to be “offshored” which, true to the design of those permitting it, resulted in fewer emloyees paying into SS; the major impetus behind scuttling the program.

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27076 Chris Wingert Fri, 16 Oct 2009 21:52:05 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27076 I agree highly with Tom Pritchard. If all the money would not have been "borrowed"/stolen Social Security would be well and healthy - it should have doubled every 10 years!!! I feel that Obama's generation has the attitude - let's have fun now - we won't live long enough to enjoy nor pay for it. And with the threat to world peace I cannot blame them. However, somebody will need to come forward and get responsiblity and sanity back into government. Since the damage cannot be reversed we will need a genius. I agree highly with Tom Pritchard. If all the money would not have been “borrowed”/stolen Social Security would be well and healthy – it should have doubled every 10 years!!!
I feel that Obama’s generation has the attitude – let’s have fun now – we won’t live long enough to enjoy nor pay for it. And with the threat to world peace I cannot blame them. However, somebody will need to come forward and get responsiblity and sanity back into government. Since the damage cannot be reversed we will need a genius.

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27069 phillip ala Fri, 16 Oct 2009 20:58:08 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27069 the interesting thing about all the debates on and the exposures of government ineptitudes in managing all of the citizens and LEGAL RESIDENTS of the USA, moneys is that none of the commentators whether it it be the Media ,in all its forms ,bloggers and Financial analysts is that none have mentioned the fact that the attempts to bankrupt America have been planned for a long time and are designed to get the people of the USA and the rest of the world to submit to a big business and CATHOLIC church led group to make us all the same as the citizens of England were before the magna carta was signed all those years ago.the words to describe it are latin and are,,,Ab Ordo Chao the interesting thing about all the debates on and the exposures of government ineptitudes in managing all of the citizens and LEGAL RESIDENTS of the USA, moneys is that none of the commentators whether it it be the Media ,in all its forms ,bloggers and Financial analysts is that none have mentioned the fact that the attempts to bankrupt America have been planned for a long time and are designed to get the people of the USA and the rest of the world to submit to a big business and CATHOLIC church led group to make us all the same as the citizens of England were before the magna carta was signed all those years ago.the words to describe it are latin and are,,,Ab Ordo Chao

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27030 Drexel Agner Fri, 16 Oct 2009 16:03:15 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27030 Actually as public programs go Social Security is a huge success. The problem started when Congress started dipping into SS to fund other programs. For instance, if you are receiving SS and have underage children by adoption or your own then you can receive SS payments as much as $800+ per child. Now don't get me wrong, I think that giving someone receiving SS a financial helping hand is worhwhile but not without a litmus test and not out of SS. That is just one example and there are more examples of Congress dipping into SS money even after the laughable "lockbox". Social Security shortfalls can be madeup in a number of ways but the political will is not there. Take off the caps on SS payroll deductions is one way. George Bush and Conservatives in general have been determined to destroy SS or anything else FDR had a hand in-it's their mantra and holy grail. Medicare was severly crippled with the "Trojan Horse" drug bill which disallowed Medicare to negotiate prices with the drug companies. I say "Trojan Horse" because it was a blatant attemp to destroy Medicare and like most things Mr Bush and his Cabinant did, give the deed some oxymoronic name thus putting lipstick on the pig. Give Medicate the right to negotiate drug pricing. Actually as public programs go Social Security is a huge success. The problem started when Congress started dipping into SS to fund other programs. For instance, if you are receiving SS and have underage children by adoption or your own then you can receive SS payments as much as $800+ per child. Now don’t get me wrong, I think that giving someone receiving SS a financial helping hand is worhwhile but not without a litmus test and not out of SS. That is just one example and there are more examples of Congress dipping into SS money even after the laughable “lockbox”.
Social Security shortfalls can be madeup in a number of ways but the political will is not there. Take off the caps on SS payroll deductions is one way.
George Bush and Conservatives in general have been determined to destroy SS or anything else FDR had a hand in-it’s their mantra and holy grail. Medicare was severly crippled with the “Trojan Horse” drug bill which disallowed Medicare to negotiate prices with the drug companies. I say “Trojan Horse” because it was a blatant attemp to destroy Medicare and like most things Mr Bush and his Cabinant did, give the deed some oxymoronic name thus putting lipstick on the pig. Give Medicate the right to negotiate drug pricing.

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27024 Tom Pritchard Fri, 16 Oct 2009 15:10:55 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27024 How about replenishing (pay back) all or at least some of our money taken out of Soc. Sec. after Pres. Johnson signed a bill allowing the gov. to raid Soc. Sec.for other uses. IT WAS OUR MONEY and it should be returned. The Dem., under Roosevelt created Soc. Sec. and then the Dem., under Johnson scuttled Soc. Sec. Almost everything Democrats touch goes sour. They don't think ahead as to the future consequences that their ridiculous actions create. look at this deficit Obama is creating for future generations to absorb. If only they would think about what they are doing, we'd all be better off. How about replenishing (pay back) all or at least some of our money taken out of Soc. Sec. after Pres. Johnson signed a bill allowing the gov. to raid Soc. Sec.for other uses. IT WAS OUR MONEY and it should be returned. The Dem., under Roosevelt created Soc. Sec. and then the Dem., under Johnson scuttled Soc. Sec. Almost everything Democrats touch goes sour. They don’t think ahead as to the future consequences that their ridiculous actions create. look at this deficit Obama is creating for future generations to absorb. If only they would think about what they are doing, we’d all be better off.

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27015 monty entler Fri, 16 Oct 2009 13:48:49 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27015 I beleave alot of this started with reagen's trickil down economics FROZE mim wage kept all small working people to learn how to line on half of the cost of items around them Next the War on Drugs then a 2ed trip to IRAQ only 200 billion thats now in the TRILLIONS lets take away our S>S>I> folks will pay more for everything and get Less in their altready megaer checks lets lighten up on folks that make less that 17000$ per person I beleave alot of this started with reagen’s trickil down economics FROZE mim wage kept all small working people to learn how to line on half of the cost of items around them Next the War on Drugs then a 2ed trip to IRAQ only 200 billion thats now in the TRILLIONS lets take away our S>S>I> folks will pay more for everything and get Less in their altready megaer checks lets lighten up on folks that make less that 17000$ per person

]]> http://www.investmentu.com/2009/October/the-problem-with-social-security.html#comment-27011 The Problem With Social Security: An Ever Expanding & Crippling Debt Bubble Facing America | Proinvests.com Fri, 16 Oct 2009 13:35:45 +0000 http://www.investmentu.com/IUEL/2009/October/the-problem-with-social-security.html#comment-27011 [...] The Problem With Social Security: An Ever Expanding and Crippling Debt Bubble Facing America [...] [...] The Problem With Social Security: An Ever Expanding and Crippling Debt Bubble Facing America [...]

]]>