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Just because Rocco is looking for you is no reason to take it out on us. |
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For the record, let me be clear: I hate what appears to be the Dem party-line position on SS -- "do nothing." SS has a long-term problem. It is one that can be fixed by some tweaks that address the factors that brought that problem about (mainly, longer life spans and smaller families). I would respect Bush for his determination to address the long-term problem if it didn't seem to me that he has already decided on the solution. And that solution, I fear, imposes greater dangers for SS, imposes huge and dangerous costs elsewhere, is contrary to the very purpose of SS, and is motivated more by ideology than by a well-founded belief that it will cure the problems at issue. Raise the retirement age. Means testing. Reduce benefits growth, or make the benefit 95% now. These things should be on the table and should be getting discussed. Instead, what's happened is that Bush has made PSRs the centerpiece of every discussion -- and the way he posits the discussion, they are free from any risk (because all investments in the stock market are, right?), and we don't need to consider the cost (because hey, what's another few trillion in borrowings -- especially if they mostly happen after his term ends?). So, he puts it to the Dems to say "no, we should cut benefits" -- because the Bush plan would never, ever need a cut in benefits because we can just borrow the money and rely on the guaranteed returns of the stock market. So,yes -- the Dems are being cowards. But the White House has set up a situation where that was a foregone conclusion. If a handful of Repubs comes forward with an alternate plan, one that at least puts cuts and changing the retirement age on the table, then I would hope the Dems join in that. BUt without such a Concord Coalition-like effort, it'll never happen. |
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Hank, how come you and I have been agreeing so much lately? |
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Robert Pozen, chairman of MFS Funds and a member of the presidential commission that backed private accounts, estimates that about $65 billion will flow into the accounts every year. That compares, for example, with $242 billion that all stock and bond mutual funds took in last year, according to Financial Research Corp. Others in the industry are less certain. "I don't think that anybody -- including the administration -- knows how many people are going to opt in" to voluntary private accounts, Mr. Riepe says. "I think the speculation about this gigantic pool of money is just speculation -- and it would be a long time before it's a big pool." |
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And Sidd, i said "offered" the money, not that she took it. |
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Ah, good days indeed. Liquid crystal liberation. Nothing between me and the object of my desires but a bit of lambskin. But, those days are past for me as for most. And now I know that when most of us think about ourselves, we think about the whole family for whom we have some responsibility. Mom and Dad aren't always taking care of themselves, there's a batty aunt up in someone's attic, a nephew who lost some of his equipment in some equipment, that cousin who crispied while on the volunteer fire department and left three small kids, and then a kid of our own who has one or two issues. |
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What I said implied there are a disproportionate number of black in the military. True? And that the kids parents' voted Democratic. What are the odds of that? And that Laura Bush might think of blacks as people who do her fighting for her. Hmmmm. How many Republican members of congress, Senators, or Cabinet members have children in the military? |
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Had Ted Kennedy been on MTP this weekend acknowledging "yeah, there's fucking trouble brewing, it is a crisis, and it's a crisis right now just like discovering an asteroid that is 99% certain to destroy the earth in 50 years is a crisis right now, because it's gonna take some serious time to figure out how to fix it and put that plan into operation. But what's been suggested isn't the way to fix it, here is why it doesn't fix it, and you may not want to hear what will fix it but we're not gonna insult your intelligence and lie to you and so here it is: ________," I'd have been pleased as a pig in muck even if his suggestion for fixing it was "let's raise taxes on today's younger workers who haven't even been able to afford to buy houses like their parents could, so we can maintain benefit levels for their parents, and then phase in reduced benefits that will hit just when they retire so they're screwed after they've paid for everyone else to live on (relative) easy street," because that would have been an honest suggestion and we'd have a debate on our hands. Instead, he said "there's no problem, BUSH LIED just like Iraq" and "the [nonexistent] problem would be solved by rolling back 1/3 of Bush's tax cuts [which would make sense only if he was suggesting re-raising those taxes as (flat or regressive) SS payroll taxes, unless he's thinking of a rather bigger structural overhaul of the SS system than even Bush is]." BR(Tim Russert did sort of made him look like an ass - I heart Tim Russert)C |
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Yes. you are perfect. you are a good-thinking liberal man. You are not racist. You went through the above before posting. Yes. you are perfect. you are a good-thinking liberal man. You are not racist. You went through the above before posting. Yes. you are perfect. you are a good-thinking liberal man. You are not racist. You went through the above before posting. |
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S_A_M P.S. It is the kid's expression which makes the picture mildly amusing. |
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You posted something stupid. You can't think of any defense. You posted something stupid. You can't think of any defense. You posted something stupid. So you posted something stupid again. Why not? |
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This White House has absolutely zero interest in reaching a bipartisan compromise to save and better fund Social Security. What you say is a little bit like saying that Charlie Brown ought to take another run at the football, because Lucy might let him kick it this time. |
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BR(I deny any responsibility for this choice of analogy)C |
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I agree with most of BRC's posts (surprise surprise) - the DEMs won't come up with a plan to save SS because they absolutely do not want Bush/GOP to get credit for "fixing" it. So instead they equate fixing SS with PRAs, meaning that if you are against PRAs you must be against SS reform. It's a smart PR campaign. |
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Are you friends with... ahh, forget it. |
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Bush has framed the discussion in PSAs because he doesn't want to talk about cutting benefits. Indeed, the one thing he has said on benefit cuts is that he won't cut them on anyone over 55. That means he is against means testing, by the way. A number of Dems have been saying for years either than there should be a separate revenue base, not just the SS tax, or that the cap should be lifted and the rate lowered. These have been voices in the wilderness, but they've been there. I've posted in the past that a tax on employment was a fundamental problem, since it puts us at a competitive disadvantage overseas. |
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6 more weeks of winter now. |
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I think the Dems need to view our role as offering an alternative, showing what can be done, and doing our best to defeat any unwise solutions. |
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I predict that when his efforts to strong-arm the Senate fail, he'll fall back to the bipartisan commission approach, and will find a Moynihan or two (George Mitchell and Warren Rudman) to work a deal. |
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Conservatives have been telling people that the end of SS was nigh for years. The projected demise keeps moving back, though. So you have this situation where everybody knows there's a problem, but the problem is mostly what they know. As for Medicare, it seems to me that what ails Medicare is also what ails private health insurance, which gets more and more expensive every year. I don't really know how to solve that one; RT has my proxy. Quote:
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BR(Hillary might be smart enough to try "bridging the gap" w/ the Bushies on this issue, which might go a long way towards de-fanging what Pat Buchannon very amusingly called her "Madame deFarge image" among the anti-Clinton psychos, which might actually start to make her nationally electable by '08)C |
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Social Security is one of the most popular government programs ever. Bush wants to end it. It's not surprising that he's having a hard time drumming up supporting. |
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