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riqster

(13,986 posts)
Tue Jan 20, 2015, 12:46 PM Jan 2015

Teapublicans are out to steal YOUR retirement insurance premiums.

https://bluntandcranky.wordpress.com/2015/01/20/teapublicans-are-out-to-steal-your-retirement-insurance-premiums/

Source info at the link.

Let’s call some spades, here, OK? Social Security is INSURANCE for which we are forced to pay premiums. Some of us have paid for this insurance for decades and have the right to expect that the seller will deliver the product we had no choice but to purchase. Sounds simple, yes? We pay, we should get what we pay for, like any other insurance (car, home, life) product.

But not according to “Republicans”: they are out to breach our contract and steal our money:

As one of its first orders of business upon convening Tuesday, the Republican House of Representatives approved a rule that will seriously undermine efforts to keep all of Social Security solvent.
The rule hampers an otherwise routine reallocation of Social Security payroll tax income from the old-age program to the disability program. Such a reallocation, in either direction, has taken place 11 times since 1968, according to Kathy Ruffing of the Center on Budget and Policy Priorities.

The most cynical aspect of this attack is that it comes from some lawmakers who were helped by Social Security in their own lives. The roster includes Rep. Paul Ryan (R-Wis.), who received Social Security benefits during his college years, after his father’s untimely death, and now thinks that the nation can’t afford to keep paying them as currently scheduled.

Another is Rep. Tom Reed (R-N.Y.), the sponsor of the House rules change, whose father died when he was 2 and then was raised by a single mother on Social Security and veterans benefits. Now he talks about Social Security going “bankrupt,” which is flatly incorrect, and promotes a measure aimed at cutting benefits for all. This is known as climbing the ladder and pulling it up behind you.


Got it, folks? The Teapubbies are doing exactly what they said they would do if elected. They are out to wreck Social Security, pocket our premiums, and throw anyone who is retired or disabled onto the streets instead of giving you the insurance benefits you paid for.

F*** those people.
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