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"Mr. Obama is....adamant that we cannot make fundamental changes to our entitlement programs."

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MrScorpio Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:10 PM
Original message
"Mr. Obama is....adamant that we cannot make fundamental changes to our entitlement programs."
Obviously, the Boehner has Obama just where he wants him.
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:11 PM
Response to Original message
1. Rec n/t
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:12 PM
Response to Original message
2. Maybe the American people and his own Party finally
got through to him.

This is what he should have been all along.

Although I'd like to know why they are even being discussed in this debate having nothing to do with the deficit, SS that is.

If he stands by those programs, HE will win, which is what we've been trying to tell him all along.

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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:20 PM
Response to Reply #2
4. Or maybe Boehner is LYING perhaps?
Could he be lying about the negotiations and President Obama's position and offers? Would it be in his character to make statements that were untrue? Has he done so before? Would it serve his purposes within Puke party intramural politics, and amongst the general electorate to be lying now?

I think so.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 09:39 PM
Response to Reply #4
12. So was Nancy Pelosi lying? Bernie Sanders? Harry Reid?
Yes all those congressional Dems worried about Obama's Medicare and Social Security position were some how in Boehners back pocket too.
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 08:31 PM
Response to Reply #2
9. That is what I am hoping too.
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ProfessionalLeftist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:15 PM
Response to Original message
3. Pfft. I wish he was. n/t
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:21 PM
Response to Original message
5. Obama: Let's make them better. Boner: Let's privatize them.
It's not that hard to translate this shit.
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:22 PM
Response to Original message
6. So, you are believing Boner over Obma?
Edited on Fri Jul-22-11 06:22 PM by EFerrari
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Cool Logic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:45 PM
Response to Original message
7. There will be fundamental changes to our entitlement programs...
Democrats make the mistake of believing that Social Security has $2.6 trillion of assets without realizing that these assets predominately consist of receivables that are not collectible unless the People ante up another $2.6 trillion. Americans may not understand intricate accounting procedures, but they sure as hell understand that being forced to pay for something twice means they've been swindled.

Republicans make the mistake of thinking that reform and/or privatization solves the problem. Emphatically, it will not. It will still require about $2.6 trillion to clean up this accounting scandal whether or not reform occurs. Furthermore, this amount will continue to climb until Congress repeals the unified budget act and creates that "lock box" we used to hear about.

What ever happened to that damn lock box anyway? No body talks about it anymore. :shrug:
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 08:29 PM
Response to Reply #7
8. Wrong, the people don't have to ante up that $2.6 trillion
The Govt has to do that. And they CAN.
The Govt can do that by:

1)Ending the wars
2)Slashing the grotesque Pentagon Budghet, in half
3)Ending the Bush tax cuts
4)Raising the cap on SS
5)Creating jobs

Just a few of the assets the Govt has. It is ludicrous to accept the notion that the Govt cannot meet its obligations. If that is the case, we don't just have SS to worry about.
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Cool Logic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 09:31 PM
Response to Reply #8
10. Most of what you say is good and true; still, it's the People's money that buys 1 thru 5.
Likewise, if/when we end 1 thru 5, it will be the People's money being redirected to paying themselves back.

With respect to your final point, if the SSTF had the People's money secured with a liquid $2.6t, we wouldn't have to worry about it until the 2050's or something. But a debt secured by a debt is not and never will be a sound financial principle. As it is, inflation is just the below the surface, and if we are pushed into inflating our way out of some of this, the $2.6t that the People get back, will have less value than the $2.6t they were swindled out of in the first place. Our Representatives are clever bastards, aren't they?

It is not clear to me why so many people find it difficult to understand the myth of the $2.6t.
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 10:08 PM
Response to Reply #10
13. I agree that the money should be secured, and I don't know why
Edited on Fri Jul-22-11 10:08 PM by sabrina 1
it isn't. I don't see why we would be pushed into inflating our way out if Congress would just do their job. However, since we don't know, as we did not in 2008 until Paulson went running to Congress with his 3 page edict, what the real situation is, it's hard to say what needs to be done. They seem to be pretty desperate.

As for the money being a myth, I do not agree with that. The interest is still being paid, and when it is needed, money will have to come out of the general fund, to do anything else would be a default on a debt which no one, not even Republicans, are willing to say is going to happen
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 09:33 PM
Response to Original message
11. I have to say, it's very odd to see the president's ardent defenders quoing Boner
Edited on Fri Jul-22-11 09:33 PM by EFerrari
all over the place instead of Obama. TGIF
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Safetykitten Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 10:09 PM
Response to Original message
14. Define "fundamental".
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