Berkeley CSUA MOTD:Entry 12402
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2024/12/24 [General] UID:1000 Activity:popular
12/24   

2004/2/25-26 [Politics/Domestic/SocialSecurity] UID:12402 Activity:nil
2/24    Greenspan: Consider Social-Security Cuts
        http://www.npr.org/rundowns/segment.php?wfId=1701048
        This is the price you and I need to pay for a war which is not
        needed to be fought.
        \_ (1) Get your tenses straight.  (2) Social Security is a pyramid
           scheme and everyone knows it.  This would have happened without
           the Iraq war.
        \_ I like how Greenspan was a big deficit hawk during Clinton, and said
           nothing about this.  But now with Bush he won't say mum about the
           huge tax cuts which have helped create this mess - instead, we've
           got to cut Social Security benefits!  Where was this advice in the
           '90s, Al, hmmm?
           \_ Greenspan is experienced enough to know not to say anything
              nor making any drastic interest rate move during an election
              year.  He is still a deficit hawk, even if it means abandoning
              dividend tax cut which he favors.
           \_ tax cuts didn't make this mess.  it's been known since before you
              were born.  this wasn't news to anyone who has read a newspaper
              in the last 30 years.
        \_ The SS problem is from now- or soon-to-be-retiring baby boomers.
           So I assume the "war which is not needed to be fought [sic]"
           you're referring to would be WWII?
        \_ Social Security system was flawed fundamentally, but we do had
           a fiscal surplus which we could of fixed it.  Instead, we blew it
           on tax-cut for the wealthy and the corporation *AND* war on Iraq.
                \_ 'Could of?'  You can't be bothered to learn to form
                   sentences, but you are a political critic already?
                \_ Lies there was never a surplus.  It was Social Security
                   receipts being used for general expenditures.  Guess
                   under whose administration this was started - Johnson.
                \_ You're so blindly distracted by Iraq and very recent tax
                   cuts.  Was 2003 really your political awakening?  None of
                   this was news today.  It has been known for decades and
                   some would say since SS was started that this would happen.
                   It's a Ponzi scheme.  Go vote for Dean and let the clued
                   worry about the issues.
2024/12/24 [General] UID:1000 Activity:popular
12/24   

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www.npr.org/rundowns/segment.php?wfId=1701048
Greenspan also reiterated his belief that lawmakers should increase the retirement age and end the practice of using the inflation rate to adjust social security payments. Information collected by NPR will be used solely for internal NPR or NPR member station purposes and only if you selected yes above.