On Purpose: Rick Perry hurls himself into the flames.
SS is a joke, if I could pull out every dime that has been put into it through my taxes and my payroll taxes I would right now. Most of the people I know who are my age and reasonably well paid feel this way too. Knowing Perry wants to barbeque this sacred cow makes me consider him much more seriously as the anti-obama.
SS is a joke, if I could pull out every dime that has been put into it through my taxes and my payroll taxes I would right now. Most of the people I know who are my age and reasonably well paid feel this way too. Knowing Perry wants to barbeque this sacred cow makes me consider him much more seriously as the anti-obama.
BTW, Perry was in my town yesterday for a fundraiser, and the paper says he 100% stood by the Ponzi scheme remarks. He reiterated that people currently on SS as well as people soon to be on SS will not be effect by the changes he wants to make.
Exactly. This is a calculated risk on his part, and it seperates him from Romney, who just does not want to talk about it until after the election,
BTW, Perry was in my town yesterday for a fundraiser, and the paper says he 100% stood by the Ponzi scheme remarks. He reiterated that people currently on SS as well as people soon to be on SS will not be effect by the changes he wants to make.
BTW, Perry was in my town yesterday for a fundraiser, and the paper says he 100% stood by the Ponzi scheme remarks. He reiterated that people currently on SS as well as people soon to be on SS will not be effect by the changes he wants to make.

- Jack
should have been first, and this one
second. You just really have trouble understanding even the simplest things!!
__________________
Jim
Jim
...<snip>... Well guess what - our UNFUNDED LIABILITIES for Social Security alone are over $15 Trillion! More than the entire national debt!
And Medicare is a much larger problem than Social Security - Over $80 billion in unfunded liabilities.
The national debt (money the govt. has already spent for you) is roughly $130,000 per taxpayer. The unfunded liabilities (money government has already committed to spend for you in the future ) such as Social Security and Medicare are OVER $1,030,000 per taxpayer!
...<snip>...
And Medicare is a much larger problem than Social Security - Over $80 billion in unfunded liabilities.
The national debt (money the govt. has already spent for you) is roughly $130,000 per taxpayer. The unfunded liabilities (money government has already committed to spend for you in the future ) such as Social Security and Medicare are OVER $1,030,000 per taxpayer!
...<snip>...
This topic is being hidden very well from the masses, due to having general ledger issues, and it is a per state issue, most will try to blame it on the stock market, but CA teachers pension has a big hole in it from the fed govt actions with GM.
The fact that a candidate cannot point to the elephant in the room, without the MSM spreading misinformation, shows something is wrong ( don't point out the spending issue we have, dance around it ).
It is not getting rid of SS, it is starting the plan over for those yet to draw on it.
The MSM will have the masses think it is doing away with it, same as the general stupidity with the Medicare plan redo that the House published.
The MSM put in all sort of misinformation into that reporting, as if none of them actually read it ( which I am sure they did not ).
Perry could be the Ronnie replacement that the country needs right now.
Someone to call it like it is, and stop the unsuccessful "spending our way out" of this mess ( ala Jimmy Carter ).
I think the 111th congress and university professors trying to run things proved the old line 'Those who can, do. Those who can't teach'.
Time to end the experiment and get on with business, no show jobs are not cutting it.
I only hope the political machine being implemented in DC has not done too much damage already.
It would be best just to have a "travel office type house cleaning" with everyone to make sure it not still interlaced.

- Jack
I think he's on his way back to Texas. But first he has to stop in Martha's Vineyard for a week of R&R.
The federal unfunded liabilities of about $1,030,000 per taxpayer appear to include only SS, Medicare and Prescription Drugs. There is no line item shown for unfunded or underfunded pensions.
So it is my understanding shortcomings in government pensions are over and above the combined national, state, and local debt and national unfunded liabilities of roughly $1.25 million per taxpayer.
If your kids aspire to earn above average income, of course their share is much higher than $1.25 million.
The magnitude of this problem is enormous. But hey, let's keep borrowing and printing money and it will all be OK! It's worked so far, right?

This possibly explains why he left Texas in such a hurry too.

- Jack
J&J, yer one sick puppy- but I love ya, man. Just who do you think pays for the fire hoses in rural areas? Who pays for the fire trucks? Who pays for the fuel? In most counties in Texas, the county does via county taxes, most of which are property taxes but they also get sales tax revenues as well. We have zero income taxes here and unlike the lies previously posted by Huffington, there are zero business taxes. If the fire unit is a volunteer unit, the volunteers depend on donations of those that are getting coverage to keep the trucks running, hoses on the trucks, and fuel in the tanks. Sometimes that means that the fire fighters do dip into their person pockets to pay for things. But no one is holding a gun to them, they do it because they have a love for what they do and for their neighbors. In the cities, the city taxes pays for fire protection. But you need to know that fire units from as far away as California have come to fight the fires in Texas. These guys are not only not alone, they are turning away volunteers. What has most of the natives REAL pissed off is that our Atty General has applied to the moron in DC for economic disaster relief and so far has been rejected. Mr holier than thou couldn't get elected to be a garbage truck driver in Texas. And since Perry has challenged him on more than one occasion, I assume that's why Texas in going it without any federal aid. You really need to take that Huffington bookmark and delete it, it's really screwin up yer brain.
It's certainly possible you are right, Labnerd. But the Post article quotes named people. Did they make up the names? Were the people lying? I simply don't have the answers, but knowing how most States have cut back on funding, it doesn't seem too far-fetched.
- Jack
- Jack







