Bush press confrence

[RobFunk]

sounds like he's at a funeral.

little frustrated with the SS reform progress big guy? heres an idea: go steal your money somewhere else

 

[RobFunk]

wow, ive never seen him like this. of course he is trying to say the right things but he seems equally dispairative on Iraq issues as well. stumbling over his words, and just sounding very humble and non- convictional.

he is saying we'll get the job done, but ive never seen him sound so unconvinced of himself. wierd. i almost feel bad for him. almost.

 

[SENDITIN]

little frustrated with the SS reform progress big guy? heres an idea: go steal your money somewhere else

Why don't you learn a little about the subject before making such stupid comments. Bush at least has the balls to touch the third rail of politics. What's the libs solution? Do nothing as usual? Obstruction? Raise taxes again?
When your hero Clinton was in office SS was a crisis...now it's not.

 

[RobFunk]

its not a crisis?! why the huge debate over what we should do then?

 

[SENDITIN]

"It's not a crisis" is a current quote from the Democratic congressional leadership....Dingy Harry Reid and Nancy the movie star Pelosi.


P.S. Read my post on the Sununu/Ryan bill....makes a lot of sense....

 

[TheRightWing]

its not a crisis?! why the huge debate over what we should do then?

It's a huge debate because the Left wants Govt control over anything, so when you tinker with a Govt program they feel like you just stole their first born...

It needs to be looked at and debated but overall needs some change

 

[xpanda]

It's a huge debate because the Left wants Govt control over anything, so when you tinker with a Govt program they feel like you just stole their first born...

It needs to be looked at and debated but overall needs some change

With all due respect, how is this new SS proposal not increasing the gov't's role? It's imposing itself on Wall Street now, too. Businesses will scramble to be part of the fund, then will have to work within new regulatory bodies and new bureaucracies.

If you truly wanted to see a diminishing of gov't control over retirement plans, you would advocate the eventual abolition of SS - say, by increasing tax credits for individual pension plans - not a new pseudo-"private" fund. Corporatism is even worse than socialism.

 

[RobFunk]

"It's not a crisis" is a current quote from the Democratic congressional leadership

yes, and I agree with that. it may be an issue, but it is not a crisis as Bush is presenting it. you are misconstrueing the quote.

to me its being presented as something that helps support the current budget effort and who in their right mind can approve of that?!

that is why i say what i said go get your money somewhere else. you want to support those cuts that do not help america, you go steal your money elsewhere.

didnt we just have an AP release that has republicans admitting that reform does not help SS last not one more day? the plan, it does not help anything. it is a feeble means to get it to last concurrently in the flawed tax/spend structure of the present day gov. but it does not help! it has been said by both sides.

this is why bush sounded the way he did at that confrence. even he grows sick of the steal and screw over policys, he just cant give into it.

bush doesnt believe in reform, hes just their spokesperson.

youre going to be 65 some day right?! you feel good about a private account rather than gauranteed money?! ha. i highly doubt it.

 

[TheRightWing]

I'm not too sure but I thought privatising a portion of your SS would but it in a hold account/Investment account that is tax free if you take it out etc or if you die another family member can draw it out? But I'm not following how that puts more Govt. power into the new proposal of SS but who knows when its all said and done.

 

[TheRightWing]

Funk:

What do you mean by stealing money and putting it in somewhere else?

 

[RobFunk]

right wing, youre blind if you dont see that reform isnt just a means to take slack off the current tax paying system. the system that currently only benefits people with a 250k+ income


they have a lot of cuts for the super rich in place and the only way to continue to support them without making the defecit more embarassing than it is, is by attacking something like social security.

if youre a millionare then by all means you love the concept, but if youre under that 250k bracket then youre getting screwed.

i can understand the idea of smaller goverment, but this is rediculous

 

[xpanda]

I'm not too sure but I thought privatising a portion of your SS would but it in a hold account/Investment account that is tax free if you take it out etc or if you die another family member can draw it out? But I'm not following how that puts more Govt. power into the new proposal of SS but who knows when its all said and done.

Keeping in mind that I have a limited understand of your SS system, current or proposed, but: the new format doesn't allow you to simply take 10% of your current contribution and just put it into any old investment you like. It allows you to choose among a number of 'private' funds that the gov't has rubber stamped for approval. These private funds are private in that they're not "gov't owned" agencies, but they are corporations falling within an umbrella that did not previously exist. There will need to be new regulations on how these funds are managed, what criterion a company will require to qualify, what standards they must maintain, etc.

So, on the one hand you have them using the word 'private' when it's really a 'pick from one of six funds that the state chooses for you' kind of thing, and simultaneously expanding a wing of the gov't to oversee this new mess. From where I sit, it strikes me as greater opportunity for business and gov't to blow each other ... already a phenomenally terrible idea.

Again, this is based on my limited understanding of how your system works. Ours is total bunk, too, but it's held in a self-sustaining fund at least and nobody tries to pass it off as private, even though a good chunk of the money is invested in the marketplace.

 

[stucco43]

wow, ive never seen him like this. of course he is trying to say the right things but he seems equally dispairative on Iraq issues as well. stumbling over his words, and just sounding very humble and non- convictional.

he is saying we'll get the job done, but ive never seen him sound so unconvinced of himself. wierd. i almost feel bad for him. almost.

dont feel bad for this guy he is a war criminal and his alter ego will self destruct very soon...lets just hope he doesnt destroy the world before he is done...
IF he finishes his term he probably will finish his life as a sad human being!!!!

 

[RobFunk]

the 100 days measuring stick used for new incumbants has been a joke for bush 2, term 2. he's got his 3 and change and the senate dems are letting him know whats up.

he cant get a damn thing done even with a GOP dominated senate

 

[SENDITIN]

Rob,

What the f_ck are you talking about with your comments about income taxes? The FACTS are the rich pay most of the taxes...period. The bottom 50% of income earners pay between 4-5% of the total income taxes. Phaedrus posted some charts a while back. The top 20% pay 80% of the taxes. So what's your problem? Stop with the Ted Kennedy nonsense.

Again read the FICA proposal put forth by Sununu and Ryan. We've got trillions of dollars in unfunded liablilities coming up. Unless you want a 30% Fica Tax or a 1/2 cut to benefits...we're f_cked. Call it whatever you want...but anyone with a clue knows we're in trouble. The figures used have been blessed by the top actuary at SS. It's a good start for discussion. And the program is OPTIONAL. If you don't want to participate you will get the benefits currently promised.

 

[RobFunk]

well if 'anyone with a clue' knows were in trouble then why is it both sides agree this does not help prolong SS by one day?

he wont lay the plan out for exactly what hed like to do. its becuase he wants to hype up congress on it without seeing it, then have then sign off on it even though its crap just like the patriot act.

if its so great and it has these options why cant we at least see the damn thing?!