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Social Security (Original Post) ashling Apr 2013 OP
The one percent need the two trillion. Skink Apr 2013 #1
Plus all future deposits. nm rhett o rick Apr 2013 #6
they already got it trekbiker Apr 2013 #9
Agreed - these benefits aren't being stored as convertible gold erronis Apr 2013 #15
they're 'cashed in' nearly every day. HiPointDem Apr 2013 #34
They've already spent it, too. nt valerief Apr 2013 #23
Grayson... awoke_in_2003 Apr 2013 #2
+1 forestpath Apr 2013 #4
Walkin' the Talk Plucketeer Apr 2013 #14
Yep, a rare, rare bird. nt valerief Apr 2013 #24
K&R dmr Apr 2013 #3
kick 840high Apr 2013 #5
$2 trillion? Somebody needs to try to steal that. tclambert Apr 2013 #7
not to worry dothemath Apr 2013 #18
Grayson has always nailed this issue. Wellstone ruled Apr 2013 #8
All my Boomer Life they've been saying it won't be there when it's my time Demeter Apr 2013 #11
why 71? Skittles Apr 2013 #19
That's right... ReRe Apr 2013 #10
Saying "in the bank" might not be so good considering the banks are seen as crooked. Spitfire of ATJ Apr 2013 #12
Well then, defacto7 Apr 2013 #25
If only the prez were a little more Graysonesque. Maven Apr 2013 #13
It is EXTREMELY ironic that he used the phrase "in the bank" joeglow3 Apr 2013 #16
They (the securities) are actually in a locked file cabinet at the Bureau of Public Debt... PoliticAverse Apr 2013 #38
Yeah. And cashing those in is gonna be easy. joeglow3 Apr 2013 #39
glad he is back dothemath Apr 2013 #17
I heard an audio clip today of Reagan basically saying SS will never be touched. L0oniX Apr 2013 #20
yet reagan touched it, big time. HiPointDem Apr 2013 #33
Rep. Grayson Iwillnevergiveup Apr 2013 #21
I so totally agree with your post! trayfoot Apr 2013 #22
Then why don't they talk about tweaking it? Why not address it before the cliff? dkf Apr 2013 #26
Because there's no need to 'address it' 25 years before the (predicted) 'crisis' that may never HiPointDem Apr 2013 #32
Because our reps in the house and senate .. have plenty of money ... YOHABLO Apr 2013 #27
"minor tweaks"... isn't chained CPI a minor tweak? n/t taught_me_patience Apr 2013 #28
Message auto-removed khushivis Apr 2013 #29
Old news. We know the facts. The White House CHOOSES not to listen. Wonder why? blkmusclmachine Apr 2013 #30
Repay before tweaking. HiPointDem Apr 2013 #31
For the sake of accuracy, there is actually zero "in the bank.". Nye Bevan Apr 2013 #35
The philosophy of everything polynomial Apr 2013 #36
So why isn't Obama saying just that? Oh, never mind. n/t truth2power Apr 2013 #37
Great thread....... suston96 Apr 2013 #40
 

trekbiker

(768 posts)
9. they already got it
Tue Apr 2, 2013, 02:07 PM
Apr 2013

in the form of the Reagan/Bush tax cuts and corporate welfare over the last 30 years. And they dont want to pay it back. What we got is 2 trillion of IOU special bonds. Just watch what happens when we try to seriously cash those in to pay for SS benefits

erronis

(14,952 posts)
15. Agreed - these benefits aren't being stored as convertible gold
Tue Apr 2, 2013, 03:52 PM
Apr 2013

I hate to say it but as a 65-yo I think I should start pulling whatever cash is left me from this account.

Screwed just like the Russians investing in Cyprus.

Different countries; same banker-shit.

tclambert

(11,080 posts)
7. $2 trillion? Somebody needs to try to steal that.
Tue Apr 2, 2013, 01:59 PM
Apr 2013

What a haul it would make. All the other criminals would get so jealous.

 

dothemath

(345 posts)
18. not to worry
Tue Apr 2, 2013, 05:12 PM
Apr 2013

Republicans have a plan. Refuse to extend debt limit - you know, to cover the $6 trillion Bush threw away enriching those bastards and the $5 trillion Saint Reagan borrowed during 'trickledown' - and the $2 trillion Social Security surplus 'borrowed by repubs' won't have to be paid back when the USA can't pay its debts.

No problem.

 

Wellstone ruled

(34,661 posts)
8. Grayson has always nailed this issue.
Tue Apr 2, 2013, 02:07 PM
Apr 2013

This attack on our Social Security system started will Nixon and his thieves. They(the Bankster's and Insurance Shyster's)have been working the media to cover their asses,while they try to steal the last big pool of money available to Wall Street. Just think of this number:2 Trillion leveraged at the normal Derivative Rate at 10 to 1,then through in the usual compounding,yes,this would cover all of the bad Mortgage Bonds and other crap investment instruments that are floating around the world.

Read Matt Tiabbi's Stones article,it will chill you to the bone.

 

Demeter

(85,373 posts)
11. All my Boomer Life they've been saying it won't be there when it's my time
Tue Apr 2, 2013, 03:10 PM
Apr 2013

Well, they haven't managed yet....only delayed it, and measured it with a scalpel, and made threatening gestures....only 13 years to go....if I can wait until 71.

ReRe

(10,597 posts)
10. That's right...
Tue Apr 2, 2013, 02:44 PM
Apr 2013

...and the 1% has been frothing at the mouth for decades to get their fingers on it. They think they are SO close. But they don't know how far they are. Thanks, ashling, for this quote from our favorite DU member and House Representative (mine anyways.)

PoliticAverse

(26,366 posts)
38. They (the securities) are actually in a locked file cabinet at the Bureau of Public Debt...
Wed Apr 3, 2013, 09:35 AM
Apr 2013

in Parkersburg, W.Va.

 

dothemath

(345 posts)
17. glad he is back
Tue Apr 2, 2013, 05:06 PM
Apr 2013

Rep. Grayson is the personification of a 'cut to the chase' guy. Welcome back, sir, please stick around. We are going to need you for a long time.

 

L0oniX

(31,493 posts)
20. I heard an audio clip today of Reagan basically saying SS will never be touched.
Tue Apr 2, 2013, 08:11 PM
Apr 2013

I hate Reagan will all the fire of the hottest pepper in the world but just how far right have the parties moved? How is even the mention of cuts to SS tolerable among Dems?

Iwillnevergiveup

(9,298 posts)
21. Rep. Grayson
Tue Apr 2, 2013, 09:58 PM
Apr 2013

is a tireless, fearless very, very public fighter and needs to be kept in office for as long as he wants it. He must receive cash from we the people throughout the rest of 2013 and right up to the mid-terms in 2014. We the people must help him because he will help us. It's that simple.

K&R

 

HiPointDem

(20,729 posts)
32. Because there's no need to 'address it' 25 years before the (predicted) 'crisis' that may never
Wed Apr 3, 2013, 06:00 AM
Apr 2013

happen?

 

YOHABLO

(7,358 posts)
27. Because our reps in the house and senate .. have plenty of money ...
Wed Apr 3, 2013, 01:00 AM
Apr 2013

they're not thinking about making it after 65 on SS .. they've got plenty of retirement for that .. a little nest egg tucked away .. oh and lets not forget the dividends. What they could do is raise the cap on FICA .. there would be no talk about the insolvency (myth) what-so-ever .. but they've got plans to steal it .. no doubt.

Response to ashling (Original post)

 

blkmusclmachine

(16,149 posts)
30. Old news. We know the facts. The White House CHOOSES not to listen. Wonder why?
Wed Apr 3, 2013, 05:08 AM
Apr 2013
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Nye Bevan

(25,406 posts)
35. For the sake of accuracy, there is actually zero "in the bank.".
Wed Apr 3, 2013, 07:26 AM
Apr 2013

The excess of contributions over benefits has already been spent on other stuff. Every penny.

polynomial

(750 posts)
36. The philosophy of everything
Wed Apr 3, 2013, 09:01 AM
Apr 2013

You will have to start laughing about this comment because the other day watching MSNBC both Chris Hays and Rachael Maddow report about the latest civics news, death, corruption, scandal, guns, gays, wars, and loads of secret stuff busting from the seams where it’s the Congress stupid. Most of the time retelling things faster than a stuck page forward on the computer.

Where money is free speech with “bag o money” is flying around faster than a Blago’s scandal seventy times seven. Here with legions of Democrats that peels off the pledge of allegiance to both the flag and the Constitution support the Republican Wahhabi formula that underscores the political teasing terrorist Tea Party, our very own Congress promoting the festering and sequestering of poor and middle class America. The perfect Wahhabi way to conquer America without invading it.

These entire news journalist making six figure salaries that are perhaps magna cum laude lawyers or MBA type college graduates prove one thing; statistical fornication can be created by legislation.

Also, gerrymandered Grand Juries have been upon Americans for decades. Allah Michigan, many call it the French Persian version of the Republican Wahhabi politics that scrap Democracy and appoint Nazi local skin heads to run communities gone sour. What ever happened to sending in coaching, or advisors to help rather than to replace? Or better yet indict or convict corruption. Sheesh.

suston96

(4,175 posts)
40. Great thread.......
Wed Apr 3, 2013, 11:26 AM
Apr 2013

In addition.....go here:

http://www.justfacts.com/socialsecurity.asp

..... and look over some facts. Put it in your bookmarks/favorites.

It's nice to have facts when discussing such a vital topic.

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