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In reply to the discussion: WOW - Steve Forbes right now on CSPAN - THEY HAVE LOOTED THE SOC SEC FUND! [View all]abelenkpe
(9,933 posts)19. "If the private sector did this with the people's pension funds, they'd be wearing stipes!"
No they wouldn't. They'd be allowed to give themselves raises to retain top CEO talent as they finish off killing the company. Remember Hostess?
Can you call Forbes and ask him to name these private sector company or CEO that went to jail for destroying workers pension funds? Cause I have a real hard time believing that.
But let's say he's right and the soc sec fund is missing. What's to stop the US from printing money to replace that? It's not like THAT would cause inflation. It would only dampen deflation. Generations of seniors dying without basic housing, food and healthcare is not exactly good for the economy.
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WOW - Steve Forbes right now on CSPAN - THEY HAVE LOOTED THE SOC SEC FUND! [View all]
SugarShack
Dec 2012
OP
They seem to forget to what happens to a ruling class that put themselves above the law.
alfredo
Dec 2012
#57
as he deserved. the 'lockbox' was a misleading concept; it actually helped make the public stupider
HiPointDem
Dec 2012
#54
The gleaners are making their internet rounds. It's all about "body" count at this point. nt
patrice
Dec 2012
#35
Steve Forbes is an idle rich Third-base baby who widens moats and burns the bridges.
HughBeaumont
Dec 2012
#9
There used to be a congressman from NYC who had those eyes. They never blinked...
CTyankee
Dec 2012
#28
The Social Security Trust Fund is *invested* in special US Treasuries....
TheProgressive
Dec 2012
#13
If the money hadn't been spent, we could have a 2 Trillion dollar sovereign wealth fund
Taitertots
Dec 2012
#16
So what's your issue? They are invested in US backed investment instruments...
TheProgressive
Dec 2012
#64
"If the private sector did this with the people's pension funds, they'd be wearing stipes!"
abelenkpe
Dec 2012
#19
You are correct. Forbes wants everyone to think the theft is a fait accompli, when in reality...
Faryn Balyncd
Dec 2012
#31
If the Treasury notes that are there to replace the SS funds the government borrowed are no good?
kentuck
Dec 2012
#32
??? FACT: The private sector DID do that AND MORE to people's pension funds. Steve Forbes????
patrice
Dec 2012
#34
that off-budget/on-budget, johnson did it stuff is an irrelevant red herring.
HiPointDem
Dec 2012
#61
His aim is to eliminate Social Security. So I"m not interested in any of his opinions. n/t
pnwmom
Dec 2012
#41
Steve Forbes is a winger who wants to cut social security. They have *not* 'looted' the TF,
HiPointDem
Dec 2012
#44
Stevie's concern for the little people is touching. Like getting a BD card from Stalin. n/t
jtuck004
Dec 2012
#47
Just another GOP tactical maneuver - try to make government look like the bad guys
melody
Dec 2012
#49
Not true. The SS Fund is holding US Treasuries. As long as there's a USA they will be honored.
Zen Democrat
Dec 2012
#52