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re: Texas GOP member of house introduces bill to radically change social security

Posted on 12/9/16 at 9:47 pm to
Posted by bubba68
here, there, everywhere
Member since Oct 2014
435 posts
Posted on 12/9/16 at 9:47 pm to
Politicians stole S/S. Don't get me started. I watched back in the eighties when the crooks in Washington pulled a bait-and-switch on S/S funding. George Bush II wanted to create fully funded IRA's for workers. Believe the cost was estimated at $ 1.5 trillion. Never happened. Instead the so-called Troubled Asset Relief Program (TARP) and Goldman Sachs et al got most (if not all) of the money. The politicians got a slush fund (bogus S/S Trust Fund) and we (future retirees) got screwed.

Want to know the scary part? Had the Republicans not taken over the House (believe it was back in 2010) the democrats were planning to confiscate all IRA and 401k's. Democrat Senator Tom Harkin headed a Congressional Committee looking into the feasibility of confiscating those private retirement accounts.

I have not doubt had Hillary won the election she would have attempted (again) to confiscate those IRA's and 401k's and IMO the Republicans would have let her.

So now along comes this politician........

This post was edited on 12/9/16 at 9:57 pm
Posted by skinny domino
sebr
Member since Feb 2007
14378 posts
Posted on 12/10/16 at 2:00 am to
quote:

have not doubt had Hillary won the election she would have attempted (again) to confiscate those IRA's and 401k's and IMO the Republicans would have let her.
let it go dude - your primate won the election - HRC can't hurt you - however, Ryan and Price can do some slicing and dicing to s/s and medicare - maga.
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