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retirement

If we treat the military budget like Social Security, our Army will consist of only one “Mad Dog” and 3 puppies

The Social Security Trust Fund now totals $2,892,000,000  – just about the highest amount in history, and some scolds are still sad. To promote their austerity charade, the front groups of the Koch Brothers (descendants of the co-founder of the John Birch Society) just released their attack dog, John Stossel. J. S. rants on FOX News about silly things, even suggesting everyone should save some 20% of their wages for […]

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Federal Reserve is now big part of National Debt for bailing out banks; Social Security $$ not owed to us?

What government pretends to owe… The Social Security Trust Fund of some $2.8 trillion is often listed in charts – such as the one above – as part of the National Debt. This particular graphic, the latest available, is from the Federal Reserve, an institution that is part of the huge debt and is owed $2.465 trillion by taxpayers. The difference between the Social Security “debt” and the Fed debt […]

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Congress votes to destroy Social Security, 233-184

Those April showers have drowned the media this year with reports of a petulant, prosthetic protuberant princess, also know as “What’s Her Name” or “Smarmy Scandals.” Meanwhile, back in Congress, 233 members – 54% of that angst body – voted to destroy the Social Security system by not allowing the use of its $2.9 trillion in reserves, forcing cuts of up to 24% in coming years. As a big boy […]

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N Y Post can’t stand fact that worker earned a big pension while pub’s boss is worth $15,700,000,000

Retired NYC sanitation worker makes $285K a year from pension That New York Post headline made many folks angry. Do garbage collectors get pensions worth more than they deserve? Are evil unions behind this? Or dopey Dems? Or a PC still running only DOS? To illustrate their point, the newspaper published a photo, sort of artsy-fartsy, of a trash truck. That’s to show those readers, who live in gated communities, […]

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Center for American Progress and CATO both want to invest our Social Security funds in stock market

When the right and left political wings agree, you can bet middle-class Americans are in trouble. And if you are talking about Social Security, a new bipartisan plan spells major cuts in benefits, as the establishment is set to privatize our public retirement system after the mid-term elections next year. About $2.8 trillion (2,800,000,000) has been borrowed since the 1980s from your Social Security contributions to pay for bureaucratic wars […]

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Gary Johnson wants you to retire at 72, even later than Hillary Clinton and Bowles-Simpson Plan

Video by Paul Joseph Watson @ https://twitter.com/PrisonPlanet When Gary Johnson was running for President in 2012, he explained his position on reducing Social Security benefits: Social Security really needs to be reformed. Medicaid probably needs to be capped when it comes to the states. Medicare, there needs to be some sort of means testing. The (Social Security) retirement age needs to be raised. A portion of Social Security ought to […]

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Fracker’s friend frets that you might retire and get your Social Security, instead of working to death

When Libertarian Gary Johnson proclaimed that Americans should not get their Social Security until age 72, he was actually condemning many to death before receiving any of their “earned benefits.” That’s because the average life expectancy of a Black male in the U.S. is 68 years, meaning death four years before Gary would grant retirement security. While the average life expectancy for men in general is 76.9 years, men in […]

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Chinese women retire 17 years earlier than us, but moronic scolds want to hike pension age even higher

Rep. Kevin Brady (R-TX), House Ways and Means Committee Chairman, pontificated about plans to cut Social Security on Thursday, last week, at the Urban-Brookings Institution Tax Policy Center, Washington, DC.  Brady wants to cut Social Security by not only raising the retirement age to 70, but also imposing means testing to cut benefits. He advocated “creating a true cost-of-living for seniors,” meaning using the chained-CPI cost-of-living adjustment formula to further […]

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