I guess overall, the gesture is actually quite admirable and in a strange way, he's making a decision for us.

Social Security is a Ponzi scheme?

From the debate it seems like Perry is not actually running for President but he is throwing himself into the fire to show everyone that he hates Social Security.

http://www.youtube.com/watch?v=2mewFjbmmyc

 

My son in law is from S Carolina and he's a great doctor so I know that they teach numbers there. But you don't have to be a Rhodes Scholar to understand that if you take in 10 dollars, you won't pay out 15 dollars very long before you have nothing left. I know this is hard to understand for some but that's what Perry is calling, and rightfully so, a ponzi scheme. The young folks of this country are paying into a Gov't program that will be out of money when they retire. Regardless of what you call it, at least Perry has the ***** to tell it like it is. But there are some that have become so accustomed to the lies out of DC, they wouldn't recognize truth if it hit 'em in the but. Romney on the other hand, gave the same "business as usual" response by giving you a BJ. He has no clue how to fix the problem otherwise he would have taken the opportunity to show leadership skills, which he didn't do. He's just another highly polished DC politician.

 

Is that a personal insult directed to me?

If so, don't you realize that it nullifies everything you say after that?

 

So I guess you are joining with Rove and Cheney in calling Perry out on this?

Seems like you are willfully ignoring the part where Perry says the people collecting now won't be impacted by changes he would make.

If you view Social Security as an investment, Ponzi Scheme is actually a pretty accurate description. The money going in now is paying off those who put it in earlier. No one has private account they can cash out.

For many Americans toward the higher income brackets, Social Security is a HORRIBLE investment. If you factor in your employer's contribution, the rate of return is TERRIBLE. That's why millions of government employees (the smart ones) OPTED OUT when they had the chance back in 1999.

If you think Perry is the only one who hates Social Security, you are sorely mistaken. It's a huge tax for which too many of us get a very small return. Others (mainly Democrats?) get WAY more than they put in.

It's time to stop fear mongering and start fixing an unsustainable system.

Perry knows it and says it.

Romney knows it and, IMO, would eventually offer the the same remedies Perry would. But Romney's handlers want to avoid giving the media and the fear mongering Dems like yourself an issue to cry about.

I guess we'll find out in January 2013, because one of those two will surely be President. If you think Perry's vocal demands to fix SS will rule him out as a contender, you are mistaken.

 

But that is not what I hear Perry saying. I don't hear him saying he wants to fix it. He makes me think with wants to get rid of it. That is why I don't like him.

Do YOU think he wants to fix Social Security?

Rick Perry and that Dodo bird Bachmann.

Rick Perry will not be President of the United States of America in 2013.

 

His chances are much better than Barrack Obama's.


We'll see if the Republican's nominate Perry or the more mainstream party guy who has paid his dues (Romney). Either one will give Obama a beatdown.

The economy is alot worse than a 9% unemployment rate suggests. Voters will take it out on the president and his party in November, 2012, just as they did in November, 2010.

The single best thing Obama could do to improve his chances of re-election would be to repeal Obamacare, his signature issue.

 

If it looks like a duck and quacks like a duck its probably a duck. Dudes just calling it what it is if you don't like it maybe you should vote for Obama

 

People that say SS is not a Ponzi scheme don't fully understand what a Ponzi scheme is. There is no SS trust fund. Current retirees are paid with money that current workers are paying. Unsustainable? You betcha!

 

Bernie Madoff did the same thing as social security, and got hung out to dry by the govt.

Guess the govt does not like others copying their grift.

 

Rick Perry?

 

Yup! I don't know if you have noticed that most of America has realized that the Emporer has no clothes. He is drowning in his own B/S and alot of his base are swimming away from him. He is done.

 

Sometimes I miss being young. I had the stamina and resilience of a cartoon character. A safe could fall on me, squish me flat and I would just bounce right back. I had less hair in my ears much more on the top of my head and I didn't look older. I could consume 500,000 calories a day and not gain an ounce :-)

But my mind was weak and I was tossed to and fro by every opinion. In the dictionary under naive was a picture of me.

I'm losing my youth but getting a stronger mind. Right or wrong, Left or Right, My beliefs have been and continue to be refined as if in a refiner’s fire.

Today, If an alien army invaded us, I'd be one they would exterminate because I will not submit to their rule, culture or government.

I miss my youth but most likely if given the chance to go back I would not.

YOU DON'T MESS WITH SOCIAL SECURITY if you want to be President of these United States. You offer to fix it but you don't curse it or target it.

Fix it! Politicians, earn your pay for once.

 

Any fixes offered by Republicans will be characterized as MESSING with Social Security by Dems and the media.

Everyone recently got their panties in a bunch about our $14.7 Trillion dollar debt. 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 futres) such as Social Security and Medicare are OVER $1,030,000 per taxpayer!

(Oh, and if you are one of the evil rich making over $200,000, your share is MUCH larger than the average taxpayer's $1,160,000+ the federal government has already committed on your behalf).

So Rick Perry calls attention to a HUGE problem that threatens to ruin us, and this disqualifies him from being president? Time to WAKE UP, America, and take some medicine. Our economy is in serious danger.

At the risk of being labelled a racist teabagger for pointing out we have some money problems, I will once again post a link to the debt clock. Not many good stats in there for Obama - by all measures we are worse off than we were four years ago. No president gets re-elected with an economy this bad.

http://www.usdebtclock.org/

 

I did not say that and I am currently a Democratic Party voter. I focused only on Rick Perry in my previous reply. Mitt Romney wants to fix SS. Rick Perry wants to get rid of it.

I opened up a credit card offer a few months ago. In bold large type at the very top of the first page of the offer was the rate and terms. Oh it was something like 29% and we're making an exception in your case. Usually I have to search for this information. This is regulation that protects consumers and I attribute it to the Democrats.

Republicans don't believe in making financial institutions do this. Democrats do and that is just one little reason I am still a Democrat.

 

So you can't be bothered to read the fine print on credit card offers.

Because you think the Dems made the card companies put the interest rate in big print, you have decided it is OK for the government to burden future generations with mountains of debt?

Well, at least you have your priorities straight.

BTW, my credit card interest rates used to be alot lower. You know when they went up? Just before the February 2010 deadline the government set for interest rate raises as part of the Credit Card Act of 2009. It was this same law that required them to put the interest rate in big print. Lots of people saw their interest rates rise dramatically in response to that law you love the Dems so much for. Basically, the government gave them a window to spike rates up or they would have to leave them lower. So, naturally, the card companies raised rates on existing customers who carried a balance. Thanks, Dems!

(I probably should not mention this, but the Credit Card Act of 2009 sailed through Congress with widespread bi-partisan support).