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Sen. Conrad (ND - Dem) - Just Scared me to no end on * plan - SS & US Econ

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GetTheRightVote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 02:42 PM
Original message
Sen. Conrad (ND - Dem) - Just Scared me to no end on * plan - SS & US Econ
Edited on Mon Mar-14-05 03:00 PM by GetTheRightVote
On Cspan demostrating situation and debt surrounding * and his ideal for SS changes..... need to watch for all.

* plan for SS plus permanent tax breaks over next 10 years (increasing deficit) for wealthy could bring down to its knees the US economy.

Private accounts only borrowing from SS and must be repaid to it. If return is not as high as planned the investor stands to lose a large part of their retirement fund which is already shorted before the loan.

Sen. Conrad explained it far better then myself. Budget concerns with example of SS and connection to budget and economy.

:kick:
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grytpype Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 02:47 PM
Response to Original message
1. huh?
sorry, your title and post make no sense at all
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GetTheRightVote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 02:51 PM
Response to Reply #1
2. Not sure what is confusing ???
Edited on Mon Mar-14-05 02:52 PM by GetTheRightVote
:kick:
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 02:55 PM
Response to Reply #2
3. Add a "d" to "scare" in your title, and it will be clearer.
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GetTheRightVote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 03:00 PM
Response to Reply #3
4. Thank you
:kick:
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Goblinmonger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 03:29 PM
Response to Original message
5. I thought Conrad
was being felt as a shill for the SS plan? Didn't he fly with Bush to Fargo? Good to see Conrad isn't going to sell out. Nothing good from Bush's plans will come to ND.
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