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sabrina 1

(62,325 posts)
32. It makes sense if your goal is to keep a surplus in the fund so you can keep on borrowing
Mon Oct 21, 2013, 12:00 PM
Oct 2013

and never pay it back. Cutting benefits ensures holding on to as much of the fund as possible, for borrowing purposes. They got so used to dipping into the fund they can't let it go.

That is why I don't just support eliminating the Cap, I support increasing benefits so the money goes to those who own it, rather than sitting there waiting for the next hare-brained idea they will need a few trillion for to ensure they and their buddies continue to make obscene amounts of money.

Increasing benefits would also be the equivalent of a stimulus package except it would not cost the Central Fund anything.

Mostly though, the SS Fund was never supposed to accumulate huge surpluses, and now I understand why.

And as someone else said, they want to Privatize all public funds so they can gamble with them on Wall St. We all know how well that worked out for many people whose pension funds were invested in Wall St.

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It's mobilization time again, folks. [View all] Jackpine Radical Oct 2013 OP
Updated TOLL FREE Capitol Hill Switchboard numbers here in my sig line for your convenience! calimary Oct 2013 #1
Thank you Calimary! Jackpine Radical Oct 2013 #3
Your sig line has to be the best on DU BelgianMadCow Oct 2013 #4
Jack it never stops actually nadinbrzezinski Oct 2013 #2
It really does never stop Trekologer Oct 2013 #29
It IS Time- ruffburr Oct 2013 #5
chained cpi is a great idea arely staircase Oct 2013 #6
Precisely. Jackpine Radical Oct 2013 #7
To paraphrase a famous speech. zeemike Oct 2013 #21
+ 1 arely staircase Oct 2013 #41
Keep it on the table until the 2014 election, then we will bury it. Downwinder Oct 2013 #8
K & R !!! WillyT Oct 2013 #9
Hell, I haven't "demobilized" in years now........ socialist_n_TN Oct 2013 #10
LIFT the CAP (on FICA taxes). Simple slogan, simple solution. chimpymustgo Oct 2013 #11
You're right-- Jackpine Radical Oct 2013 #12
I agree to both of you, lets do it. WHEN CRABS ROAR Oct 2013 #17
We did it before and we can do it again. marble falls Oct 2013 #13
Unfortunately, sulphurdunn Oct 2013 #14
Recommend! "Entitlements" or our Personal Insurance Policy we Paid Into for KoKo Oct 2013 #15
K&R!!! Thanks for posting Jackpine!!! hue Oct 2013 #16
spot on. nashville_brook Oct 2013 #18
I don't understand it? kentuck Oct 2013 #19
I suppose the ultimate goal is to privatize SS so Wall Street can have all that extra money Jackpine Radical Oct 2013 #20
It makes sense if your goal is to keep a surplus in the fund so you can keep on borrowing sabrina 1 Oct 2013 #32
You don't understand it because the people involved are lying. jeff47 Oct 2013 #35
I am sooo tired of having to fight conservatism, even in our party. Zorra Oct 2013 #22
We can all take comfort that once the chained CPI is implemented to lower all future social security indepat Oct 2013 #23
You sound like just the sort of sharp cookie who can see an opportunity JHB Oct 2013 #24
Was transferred by my Federal agency to Columbus, OH, in 1979 and later learned indepat Oct 2013 #25
Don't bother de-mobilizing. pa28 Oct 2013 #26
Yeah, I know. And Keystone. Jackpine Radical Oct 2013 #28
With Keystone we need to publicize TBF Oct 2013 #31
Richard Eskow Agrees... WillyT Oct 2013 #27
Seniors vote. We need some memes for FB - TBF Oct 2013 #30
We need to create a Twitter hashtag also, or a few of them. sabrina 1 Oct 2013 #33
Definitely for Twitter too - TBF Oct 2013 #36
We need a bumper sticker. Here's a first try-- Jackpine Radical Oct 2013 #38
I love that - and you are correct about raising that cap TBF Oct 2013 #40
Just called Durbins office - no starving granny with chained CPI, please 1 (202) 224-2152 grahamhgreen Oct 2013 #34
Thanks I just called also. Told them we expect Republicans to try sabrina 1 Oct 2013 #39
Have written twice to my three on this issue in the past two weeks. CrispyQ Oct 2013 #37
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