Teabaggers want to end Social Security

[barbiegeek]

I found this post at the daily kos with video of 2 Teabaggers wanting to end Social Security.

Link:
http://www.dailykos.com/story/2010/3/30/852351/-Tea-Party-Leaders:-Repeal-social-security!Larry-King:-Wha!

Here's a copy of what the Teabagger said (I'm copying from the dailykos post)

KING: Dana, are you a little concerned about tea partiers who use the word terrorism when talking about the president?

LOESCH: I think perhaps that went -- that's maybe an adjective that is a little bit egregious. But there are things that they --

KING: A little bit?

LOESCH: I mean they do -- I mean they do have some valid concerns, though. I mean, we just saw this health care legislation go through. And I've mentioned it before. it's -- it completely disregarded the original intent of the commerce clause and the welfare clause and the constitution. I mean for the first time ever in American history just to exist in this country you have to purchase the product now. You have to purchase the insurance. And they can try to make it --

KING: No. Wait a minute. We have -- we had to pay social security. That was a socialist concept. Republicans voted against it.

LOESCH: I agree.

KING: Would anyone turn away social security now? Would you do away with it?

LOESCH: I would, yes.

KING: You would?

LOESCH: Yes, absolutely.

KING: Would do you away with it, Wayne?

ROOT: I'd certainly like to. At best, I do away with it because I could find better ways to spend and save my own $15,000 a year.

KING: If you would put it up for a vote in America, what do you think the vote would be on social security in America? Referenda.

ROOT: I think if you put it up for a vote, I think, a majority of people today would want to keep it. But they certainly would want to privatize a small portion of it. I personally think I could do better with my own $15,000 a year any day of the week and I'd like it to be mine. It's mine. So, I'd like to leave it to my kids and grandkids the way it stands now --

KING: That wasn't the purpose. When it began, the purpose was you are your brother's keeper, right?

ROOT: But, Larry, you got to realize that money is not there. Do you realize they said it was going to be in a lock box. But there is nothing there in the lock box but a bunch of IOUs from a bankrupt government. So that money is being like --

LOESCH: And it was established as a temporary program.

KING: Maybe tea partiers will turn it back.

[Bonhomme Richard]

1. In the Darwin America they promote it is ironic that

they also would be the first to become extinct.

[Bitwit1234]

2. So the recent stock market crash didn't teach them anything

about letting wall street handle their money. Gee no wonder republicans are a dying species.

[Kitty Herder]

24. Yep. That kind of stupid runs bone deep. nt

[sinkingfeeling]

3. Mr. Root is a liar. He doesn't pay in $15,000 a year to Social Security. The cap on income is

$106,800 this year. At the rate of 6.2% that equals a max of $6621.60. If there were no cap, he'd have to earn $241,935 to be taxed $15,000 a year.

[lonestarnot]

7. Liars don't know how to do anything else well do they?

[iamjoy]

8. Maybe He's Counting Employer Contribution

Or, if he's self employed, he's paying both portions. If you combine that with the Medicare tax, it is around 15%. Even if he isn't self employed, maybe he's assuming if his employer didn't have to contribute to his Social Security and Medicare they would give him the money.

so, he's not really lying, he's just playing loose with the numbers.

[atreides1]

12. No Offense

But lying by omission is still lying. By playing loose with the numbers he is still lying.

[iamjoy]

15. Maybe Not

he said my own $15,000. So, he was talking about himself. If he is self-employed AND makes over $106,000 per year, he isn't lying.

Of course, I doubt he is in that situation, meaning he's a fake, kind of like Joe the Plumber.

[gratuitous]

10. Not to mention

He'd be the first one tricked out of his money, which he is "sure" he would handle more responsibly than the government. He has a bad confusion between investment capital and the social security system, which are two very different things. And for all his bluster about the original intent of various clauses, he also seems unaware that he is committing a federal crime under Article XIV of the Constitution by saying that the government can't or won't honor its debts.

[Name removed]

19. Deleted message

Message removed by moderator. Click here to review the message board rules.

[WCGreen]

11. Actually, counting the employers match, the amount is 13,243.20

I guess he is operating under the delusion that if SS was abolished his employer would be more than happy to give him that 6,621.60 to him via a raise...

Oh yea, that'll happen...

When pigs fly outa my ass...

[laughingliberal]

13. Perhaps he's self employed

My husband is and we pay 15.3% on his income. We never hit the cap but at $100,000, it would come to $15,300. People who are self employed are much more aware how much they've given over to the system.

[Hannah Bell]

21. You can deduct the employer portion from gross income on income taxes, however.

http://www.irs.gov/businesses/small/article/0,,id=98846,00.html.

[DCKit]

16. Time to remove the cap. Give 'em something to cry about. n/t

[murphyj87]

4. About as many...

About as many Americans would vote to end Social Security as there are Canadians who would change our health care system to an American style insurance run and insurance rationed system. Depending on the poll, that would be 3% to 8% (at the most) of Canadians who prefer American style health care to the single payer system that we've had since January 1, 1966, basically as long as you Americans have had Medicare.

The easiest way for a Canadian politician to get elected is to convince voters that his opponent would introduce an American style insurance run and insurance rationed health care system for Canada.

[iamjoy]

5. Lock Box for Social Security

this quote is interesting: Do you realize they said it was going to be in a lock box

Uh, wasn't that Al Gore when he was running for President? And I'd be willing to bet this darn teabagger didn't vote for Al Gore. I also don't recall the teabaggers protesting the raid of social security under George W Bush.

[laughingliberal]

14. I noticed that

Al Gore was the only one who ever proposed locking our money up to protect it from the thieves. And I'm pretty sure the teabaggers didn't vote for him.

[lonestarnot]

6. Teabaggers want to rub shoulders with richies. They think they'll get some.

[laughingliberal]

9. Well, they may get their wish

But I imagine it's not the feeling of the ones over 65. Only those who are already taken care of or are too young to see its importance want the end to SS. And that seems to cut across party lines.

[damntexdem]

17. Basically, they want to end society.

And anything else that they're not fit to live in or with.

[Name removed]

18. Deleted sub-thread

Sub-thread removed by moderator. Click here to review the message board rules.

[Rex]

20. Well of course they do! They are stupid and fail to realize where their

'retirement' money is coming from. They believe that the 'company' they work for has 'invested' their money so they can retire at 45 and die at 65.

[Name removed]

22. Deleted sub-thread

Sub-thread removed by moderator. Click here to review the message board rules.

[Capitalocracy]

23. Unfortunately, even if they could opt out of paying you couldn't deny them payments

I mean, even if you let them opt out and privatize their own social security, after many of them lose it all, they'll come begging for help and since being stupid isn't a crime, at least not one which I believe merits living in poverty and/or starving to death when you're old and decrepit, I would be opposed to not giving it to them. Enough privatization, the social security safety net is public for a reason.

Of course, if you asked them whether somebody should starve to death in their old age because they wasted all their savings on bad investments, they would say absolutely.
:eyes:

[The Magistrate]

25. Quite True, Sir

On all counts....

[deacon]

26. Thats one of the top GOP goals, was bush's goal too. n/t