The Social Security Crisis, ca. 1997

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Obama Administration

The Cato Institute says Social Security will “go bust in 2010”! Oh, wait …

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14 Comments

14 Comments

  1. biggerbox  •  Nov 1, 2011 @10:32 am

    OMG!! OMG!! Quick! Raise the retirement age!! Cut benefits!! It’s a ponzi scheme!!

    The song remains the same.

  2. c u n d gulag  •  Nov 1, 2011 @10:45 am

    God, don’t tell the banks it’s already bankrupt!

    My Mom’s scheduled to have her money deposited on Thursday. Maybe we can use that to gas-up and make a run for Canada!

    Wherever he is, I bet Cato wishes they’d named the Institute after Pliny.

    “The Song Remains the Same…”

  3. Lynne  •  Nov 1, 2011 @11:52 am

    Barbara, you just provided me with the first laugh of lunch hour!

  4. joanr16  •  Nov 1, 2011 @1:04 pm

    Good grief.

  5. Bill Bush  •  Nov 1, 2011 @5:33 pm

    SOMEBODY has to provide source material for R primary debates. Sheesh! Give Bachman and Perry a break! Newt surely already “knew” this, but I suspect Cain will join Tweedledee and …dum in echoing it. He can walk it back later, if his memory has returned from its harrassment hiatus. Romney can communicate this lie through maintaining his silent, vane-like swiveling while the others discuss it. Santorum and Paul can say it with straight faces, and whoever else wants to be more sophisticated about it can just say, “It really must be addressed.” That one will be regarded as the sane intellectual of the group.

  6. Doug Hughes  •  Nov 1, 2011 @5:57 pm

    Privatize Social Security? This is in the news TODAY – not dregs up from last year.

    “Federal regulators have discovered that hundreds of millions of dollars in customer money has gone missing from MF Global in recent days, prompting an investigation into the brokerage firm, which is run by Jon S. Corzine, the former New Jersey governor, several people briefed on the matter said on Monday.

    The recognition that money was missing scuttled at the 11th hour an agreement to sell a major part of MF Global to a rival brokerage firm. MF Global had staked its survival on completing the deal. Instead, the New York-based firm filed for bankruptcy on Monday. Regulators are examining whether MF Global diverted some customer funds to support its own trades as the firm teetered on the brink of collapse.”

    We’re talking $700 MILLION of investors money. And the GOP thinks that your retirement would be safe – and even SAFER in an environment of deregulation.

  7. Swami  •  Nov 1, 2011 @6:05 pm

    They’re coming with flamethowers!..Quick,drink your kool-aid!

  8. Doug Hughes  •  Nov 1, 2011 @9:22 pm
  9. ddgoose  •  Nov 1, 2011 @10:00 pm
  10. maha  •  Nov 1, 2011 @10:50 pm

    ddgoose– Oh, dude, did you ever step in a virtual cow pie. Did you not see the ridicule the economists of the world piled on that WaPo article? It was riddled with errors. See for example, “Washington Post Discards All Journalistic Standards In Attack on Social Security” by Dean Baker; “Fact Sheet: Inaccuracies In Washington Post’s Halloween Social Security Article” by R.J. Eskow; and “Social Security Bait And Switch, A Continuing Series” by Paul Krugman.

    I sincerely hope you haven’t embarrassed yourself by citing that ridiculous WaPo article elsewhere.

  11. ddgoose  •  Nov 1, 2011 @11:07 pm

    Oh… I didn’t realize 🙁 Thanks!

  12. uncledad  •  Nov 2, 2011 @12:12 am

    “According to the Washington Post, Cato’s prediction was pretty close”

    “Oh, dude, did you ever step in a virtual cow pie” Dude your killing me!

  13. uncledad  •  Nov 2, 2011 @12:35 am

    Maha,

    Try as I might, nothing on your site about that self declared “black walnut” and or his trip down sexual harassment lane. No question now. If not the presidency, surely a prime time FAUX spot, or at least a lucrative Gold / insurance spokesman scam (ala Fred Thompson). It’s a story that will take years to comprehend; how the right wing played the race card with as much disregard for the African American experience as possible (Ann says my nigger is blacker than your nigger). I don’t blame you for staying away; it’s going to get ugly.

  14. uncledad  •  Nov 2, 2011 @1:28 am

    Ann should have said “my cock is so much bigger than your cock”.



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