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Please explain what "they" are going to do to Social Security now.

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hang a left Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 09:37 AM
Original message
Please explain what "they" are going to do to Social Security now.
I really don't understand how this whole thing is going to work. I don't doubt for a minute that it will be passed. The destruction of American is in session.

What will happen? How will the people be hurt? Whose cow is gonna get fat?
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readmylips Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 09:44 AM
Response to Original message
1. Wall Street republican cow will get fatter...
crums off the table for average citizes. Once SS is in the hands of Wall Street, we'll be begging for our own money, and we'll all end up foked up like Enron employees.

If bush wants to change it, and he is really a one track mind fok, you know that only rich republicans will benefit.
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 09:47 AM
Response to Original message
2. Strangely they aren't being real specific about the details
Dan Bartlett was just on Meet the Press saying that they aren't going to argue with themselves about the plan. He then tried to explain that it was "a simple matter of math" and then relayed their math-see 50 years ago there were 16 people working for every person on SS now it is 3 per person on SS.....-that isn't the math. That has nothing to do with the situation.

No one is completely sure what the plan will contain and they will keep it that way until they pop it on Congress and demand a vote.

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ayeshahaqqiqa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 09:51 AM
Response to Reply #2
3. one thing for sure
it will screw the people who have no other retirement options. Is there any group besides AARP that has launched an organized attack against this scheme?
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 09:55 AM
Response to Original message
4. There will be a PR campaign for all of 05 and early 06 - they will not
press it until they feel the Dems are tired and they have a shot at passing.

Meaning nothing happens in 05 - and likely ever -

unless Dems get weak.

They are already saying no outline of the PLAN until March and no vote until 06!
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lastknowngood Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 09:58 AM
Response to Original message
5. They are going to barrow the money that would be in there in the
future and pay interest on it, while letting the sheeple get the illusion that they have some control over their "investments". The government will force you to "invest" in safe i.e. low yield bonds so their corp cronies can use the money to make risky investments which will make them rich without any risk to them. It more importantly divides the people who will get SS from the younger people, that will lessen the number of voters who would band together to protect SS. That way it would be easier politically to gut the benefits and raise the retirement age. This is all smoke and mirrors, I'm amazed at the gullibility of the sheeple.
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 10:03 AM
Response to Original message
6. It's little more than
a transfer of wealth program. It's just easier if the victim goes along with it. That's what the fuss is about. Some victims just aren't playing the game.
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tx_dem41 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 10:06 AM
Response to Original message
7. I'm starting to think that it won't be passed (the privatization part)...
I think our message is starting to get out. I've read about a lot of Republicans that are publicly speaking against it. We need to keep the fight up, because it appears to be working.
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spotbird Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-16-05 10:07 AM
Response to Original message
8. The government will borrow a few trillion dollars,
which it can't possibly repay, transfer that money to the stock market through a system of chorines who will all increase there already obscene wealth enormously, then offer what hasn't been skimmed to taxpayers in the form of private accounts. After the initial run up in the market with the new money the market will decline, the private account holders will be holding the bag, along with everyone else who is going to have to pay for the bankruptcy of the nation.

I took some liberties with the time line.
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