Sun Dec 9, 2012, 12:25 PM
Oilwellian (12,647 posts)
Alan Simpson in rare interview describes Social Security as "insolvent" - A MUST SEE
I've been researching material to use in a video I'm doing on Grand Bargain II. In my internet travels, I stumbled upon this video that was posted on YouTube by a Social Security watchdog group called StrengthenSocialSecurity. At first I was going to use parts of this mother lode of all videos, and incorporate them into mine, but that won't be rendered for several more days. Having given it some thought, I felt it was important to post the entire video right now, particularly with SS & Medicare cuts back on the chopping block in the Grand Bargain II negotiations.
In this stunning interview, which appears to be catching Alan Simpson exiting a recent Debt Commission meeting, you will find him at his most arrogant (and very talkative) best. He refers to Social Security beneficiaries as the "lesser people" and states "the SS surplus was spent on the interstate highway system and all of the things people have enjoyed since it was set up." The interview (which includes great questions) advances to the point of discussing the pickle the government is in. He states "The United States Government has to take separate money out of some stack to get the IOU's out of Social Security. That's a double hit and that increases the deficit." Simpson goes into great discussion about the SS $2.5 trillion in IOU's. Incredible, really. I hope you will agree this video is chocked full of insight into what's being discussed behind the scenes and know these thieves have no plan to pay it back. As Simpson said toward the end, "we've gotta make it work." Doesn't that just make you feel warm and fuzzy inside?
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10 replies, 2301 views
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Author | Time | Post |
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Oilwellian | Dec 2012 | OP |
PDJane | Dec 2012 | #1 | |
Oilwellian | Dec 2012 | #3 | |
PDJane | Dec 2012 | #6 | |
still_one | Dec 2012 | #2 | |
a geek named Bob | Dec 2012 | #4 | |
Peregrine Took | Dec 2012 | #5 | |
AnnaLee | Dec 2012 | #7 | |
Oilwellian | Dec 2012 | #8 | |
rsmith6621 | Dec 2012 | #9 | |
sabrina 1 | Dec 2012 | #10 |
Response to Oilwellian (Original post)
Sun Dec 9, 2012, 12:29 PM
PDJane (10,103 posts)
1. Link isn't working!
Response to PDJane (Reply #1)
Sun Dec 9, 2012, 12:43 PM
Oilwellian (12,647 posts)
3. Well dang, hang on
Response to Oilwellian (Original post)
Sun Dec 9, 2012, 12:33 PM
still_one (83,675 posts)
2. simpson is an ass, and always has been. I know sometimes he says things that many progressives
agree with, but the vast majority of his ideas are wrong, just like ron paul
Social Security is in the situation it is in because they stole from it to pay for the wars Raise the cap, problem solved |
Response to still_one (Reply #2)
Sun Dec 9, 2012, 12:44 PM
a geek named Bob (2,715 posts)
4. +1000!
It's really starting to sound like the neo-cons are endlessly repeating their talking points, in connecting loops.
Maybe they are hoping they'll come true, if they say them enough times. |
Response to Oilwellian (Original post)
Sun Dec 9, 2012, 12:58 PM
Peregrine Took (6,824 posts)
5. Needs to watch "Its a Wonderful Life" about 1000 times. Mr Potter in real life.
Creepy old dude.
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Response to Oilwellian (Original post)
Sun Dec 9, 2012, 03:54 PM
AnnaLee (676 posts)
7. My turn!
AssHole Simpson,
YOU LIE!!!! |
Response to AnnaLee (Reply #7)
Sun Dec 9, 2012, 06:17 PM
Oilwellian (12,647 posts)
8. LOL
Kick for the evening crowd. I really thought there would be a larger response to this video.
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Response to Oilwellian (Original post)
Sun Dec 9, 2012, 09:08 PM
rsmith6621 (6,942 posts)
9. SCRAP THE CAP
That will solve the problem that there isnt... |
Response to Oilwellian (Original post)
Sun Dec 9, 2012, 09:12 PM
sabrina 1 (62,325 posts)
10. He's such a blatant liar, because he certainly knows what he is trying to sell IS a lie.
If we can read the facts, then so can he.
The real question is why was he EVER chosen to be on that Committee, along with SS arch enemy Bowles. They were given control of it also. That while Committee was a set-up to attack SS so I guess all he was doing was his job. A politician lying for money should surprise no one. |