Posts Tagged ‘Social Security’
The Ryan/Republican Budget
The 5 Worst Things About The House GOP’s New Budget By Igor Volsky, Travis Waldron and Tara Culp-Ressler Mar 12, 2013 Rep. Paul Ryan (R-WI) released the third iteration of the GOP budget on Tuesday morning. The document achieves balance in 10 years by maintaining the high revenue levels and health care savings that Republicans have vociferously opposed and slashing the health and safety net programs that middle and lower income Americans rely on. Top-income ... Full Story
Social Security Trust Fund
To the Editor, Is the Social Security Trust Fund empty because Congress borrowed and spent the money? No. The Fund invested the money in U.S. treasuries, and it will be repaid as needed. Suppose you were in charge of the Fund. Once the current year’s payments were made, what would you do with the billions of left-over dollars needed to fund future payments? Would you stuff them in a coffee can and bury them in the back yard, where they would earn no interest and ... Full Story
Right-Wing lies about America
12 Biggest Right-Wing Lies About America By RJ Eskow These political fallacies are giving America a false vision of our economy and world. Our nation was gripped by so many fallacies and delusions in 2012 that the whole Mayan calendar end-of-the-world thing didn’t even make the list. Even those apocalyptic prophecies were more plausible than the idea that cutting Social Security will help the deficit, that government spending cuts ... Full Story
Republican base = Low Information Voters
Low Information Voters - the Republican Electoral Base By Bob Regl (about the author) The Republican Party has become the nation's repository for low-information-voters (LIVs). Its evolution into its present form started in the late 1960s when it initiated its "southern strategy"; i.e. after the Civil Rights Act of 1964 and Voting Rights Act of 1965 it started to wean southern segregationists from what had been the Southern Democratic party's "Solid South" - the "Dixiecrats." These new ... Full Story
Mitt doesn’t get it
The REAL "Entitlement" Programs Benefit the Rich By Mike Kirchubel (about the author) opednews.com Social Security, Medicare, and Unemployment Insurance are not gifts from the wealthy to the workers of America. We pay our own way. The real "entitlement" programs are the ones we workers fund for the benefit of the rich. Mitt Romney Does Not Have the Right to Dismiss Us By Moby Not to mention the roads, clean water, streetlights, police ... Full Story
Paul Ryan is not a great intellectual
Recently we were introduced to a 2005 recording of Paul Ryan addressing the Atlas Society, apparently a fan club for Ayn Rand. In it he outlines his belief that Social Security should be privatized and turned over to Wall Street. The amazing part of his comments was that he claimed that whenever he had a legislative issue that, he would return to Rand’s 1957 novel, Atlas Shrugged and re-read all 64 pages of John Galt’s radio address. Do you ... Full Story
You can’t have it all
FACT CHECK: You can't have it all, sorry By CALVIN WOODWARD, Associated Press – WASHINGTON (AP) — Is there any impulse greater in politics than to promise people the sun and the moon? Each in their own way, the Republican candidates heading into Super Tuesday primaries are telling Americans they can have "it all" — plentiful energy without pain at the pump, jobs without deeper debt, thriving factories like the days of yore, a ... Full Story
Payroll Tax “Holiday”? – The Grasshopper and the
This was a very bad idea! The amount withheld from your paycheck (matched by your employer) is not a “tax,” but a contribution to your Social Security retirement benefits. If you don’t pay in during those quarters, it reduces the benefits you will receive upon retirement. Ask the Social Security Administration for a calculation of your estimated benefits (which are based on how much you pay-in) and you will see what I mean! This “tax holiday,” like all holidays, costs you ... Full Story
Social Security facts
To the editor: Myths about social security are like monsters in B movies that keep returning no matter how many times they're killed -- like the myth that Social Security is a Ponzi scheme. While there was a Charles Ponzi, and there is a scheme named after him, that's where any accuracy ends. That took about two minutes online to discover. Social Security was created to help everyone; Ponzi's scheme was devised to enrich himself. Social ... Full Story
Senator Udall on Balanced Budget Amendment
A Common-sense Approach to Balancing the Federal Budget U.S. Senator Mark Udall The recent failure of the supercommittee to reach a deal on federal spending cuts is just the latest example of how ill-equipped Congress is to address our nation's gravest challenge: our ballooning $15 trillion national debt. Democrats and Republicans are still stuck in the same rhetorical trenches. Democrats are reluctant to cut entitlements, while Republicans claim we can both cut taxes and ... Full Story
