General Discussion
In reply to the discussion: Heads-Up !!! - 'Why Democrats Might Cave On Social Security Cuts' - HuffPo [View all]sabrina 1
(62,325 posts)the Fed Gov has borrowed from in order to pay for their Wars and Tax Cuts for the Wealthy.
Any Cuts to SS, Chained CPIs or whatever other deceptive terms they use to do so, is a DEFAULT on the Fed Govt's Creditors.
Let them try to do this to their other Creditors. They Can't and they Can't do it to the American people either.
They are telling LIES.
The SS fund did NOT contribute in any way to the Deficit. Cutting benefits will do ZERO to cut the Deficit.
End the Bush Tax cuts and start taxing the wealthy the same way we tax everyone else.
Create JOBS HERE not in China. Let China take care of their own job problems.
Stop giving subsidies and tax breaks to Corps that take jobs OUT of this country. Let them do it on their own.
The SS Fund has enough money, paid by the American people, to pay out its obligation 100% for the next 50 years without doing anything.
The only problem SS has is that those who borrowed from the Fund, now do not want to pay it back.
They also want surpluses to pile up again so they can borrow more money from the fund. AND they want to privatize it.
Lies like these need to be slapped down quickly and efficiently. No cuts to SS, period.
Geithner is a liar also, so be careful about anything he has to say. Elizabeth Warren tried to squeeze the truth out of him a number of times, regarding the fund set aside to keep Americans in their homes in return for the Bail Outs. He refused to answer her questions as to why that money was NOT used for the purpose it was meant for.