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What a chump move by Boehner.
Seriously?
What a chump move by Boehner.
Countering a chump move by Reed.
They both suck.
No, Reed got 89 votes on a bi-partisan bill in one of the most partisan climates ever.
Boehner won't even let it go to a vote in the House and then he pulls this stunt.
Boeher is the chump, and he wants you to think his disgraceful actions are somehow both sides' fault.
What about it do you not find serious?
Seriously?
Note, I didn't ask what about it you disagree with. There is a not-so-subtle difference.
You seriously want people to take care of their own retirement? That's a very broad stance...to which degree?
No, I don't want it. Sure, I don't want to pay more, but I would rather have my marginal rates reduced. I believe SS need to go up as much as another percent.
Well, my problem with SS (and any pension plan that provides a guaranteed annuity) is they inherently magnify market risk. The contributions that go into the system, are invested (for SS purposes, generally in very low-risk/low-return vehicles) and the contributor is guaranteed an annuity based some metric of their average earnings.
However when the fund fails to generate the return necessary, it leaves the fund with a shortfall (like we have now) where current generations are paying for previous generations as opposed to their own generation. The annuity has promised more than it was able to fund (and perhaps for exogenous reasons - if the market returned a below-expected rate of return, then the problem is created).
So what would Scott support?
I would be in favor of mandatory contributions to a retirement system, even with the same mandated employer match as exists for the SS system: but not funding a pension system that is subject to market risk that creates underfunding.
Instead, I would prefer those contributions go to retirement accounts that are tied to the individual contributing.
Sound like privatizing SS to you? Well, it basically is... though we don't have to necessarily make it private, if that is a major concern (though I'm not sure I fully agree with the concern).
I wouldn't be opposed to a federal agency that administers these retirement plans (and "approves" which investments would be allowable under the plan) so long as the cost is commensurate with it would cost to "privatize" it. (Though I don't really see the tremendous value in doing this over privatizing).
Worried about wealth inequality? We can still put measures in place to "normalize" distributions on retirement so that inequality simply does not transfer to the elderly.
Again, to summarize, I want a plan that isn't subject to gross underfunding as a result of market risk. As boutons already stated in this thread "we should raise SS taxes, not lower them" - that is generally a true statement IF YOU WANT TO SAVE SS IN ITS CURRENT FORM. I'm not interested in doing so, because the same underfunding problem will always be inherent and will in fact continue to compound. Raising taxes to try to save will be chasing the dragon... we'll get close, but we'll never catch it.
what a pussy
Looks like the house republicans folded http://www.nationaljournal.com/congr...-deal-20111222
is Boehner crying?
They can do it all again in 2 months.
do they pump toxic gasses into the capital why the are all fo them some dumb
Its almost like they are saying "the bosses are watching, what can we do to look busy?" "Oh! I know, we can do the same thing over and over again to look busy"
I am not so sure its a lack of intelligence. Quite the opposite actually.
Theyve made themselves to be fools in the public eye while shilling special interests and lobbyists for millions in campaign donations, all the while securing a career post-politics that entails doing nothing and being paid millions to do what they did in office...nothing.
Really, the joke isnt on them, its on us.
UCA want, and gets, the paralysis and corruption in DC that it pays for.
It's quite amazing that Barry got the EPA to restrict mercury, and other from coal plants. I'm sure it never would have happened under the Repugs, who will probably nullify/not-enforce the rules when they have a chance.
Nothing Human-Americans, esp not silly farts who support Ron Paul, can do about. Out of our control.
Congress passes tax bill
It was great to see Boehner earlier with his GOP posse behind him and then when they caved he was up there all by himself. His day as SOTH are numbered.
Flaming asshole Cantor is up next as SOTH?
Boehner’s office cuts C-SPAN video again as House Dems protest
For the second time in recent weeks, C-SPAN’s video on Friday morning cut away from high drama in the U.S. Congress as Democrats demanded to be heard, only to see their session immediately shut down by Republicans.
In another so-called “pro forma” session, or a session of Congress staged merely as formality in order to block presidential recess appointments, the House of Representatives was gaveled in on Friday and immediately gaveled out again, even as Democrats took to the floor demanding to know where their Republican colleagues were.
After the session was initiated, Rep. James Clyburn (D-SC) stood and asked Rep. Jeff Denham (R-CA), “Where are the Republicans?” He was joined by Minority Leader Nancy Pelosi (D-CA) and a small assemblage of other Democrats who’ve been pushing to extend lower payroll tax rates to working Americans.
“The gentleman is out of order,” Denham replied. After citing a few House rules and the GOP’s resolution to not conduct business again until Tuesday, he then gaveled the session out and walked off the stage, even as Clyburn remained at the podium.
Seconds later, C-SPAN’s video was cut.
“The House will be back on Tuesday, next Tuesday, for another pro forma session,” a C-SPAN host explained as the shot faded to an exterior view of the capitol. “They’ve been holding these pro forma sessions every couple of days to keep the — an attempt to keep the president from making recess appointments.
“You saw there James Clyburn of South Carolina trying to be recognized by the speaker pro tem, and he refused to be recognized and gaveled the session closed. Just a reminder, too: those cameras at the House are under control of the House gallery, there.”
http://www.rawstory.com/rs/2012/01/0...e+Raw+Story%29
I see you post every time the republicans do this.
Why didn't you make these posts everything the democrats were doing it? I think it was occurring on a daily basis when the democrats had control of the house. I'll bet C-Span 2 still isn't covering the senate as much as C-Span 1 is covering the house.
Damn those people are living the high life off that SS check every month. If only I could have their standard of living.
"everything the democrats were doing it"
why don't you post it now?
Scott for president. I agree with all of this.
Also, the fact that Republican refusal to increase our young adult immigration rates to counteract baby boomer retirement is a death knell for the current system. There aren't enough workers to fund retirement in this country, period. Every other 1st world country has engaged in this (it also finds a lot of home buyers), we haven't and we're screwed.
This is the single biggest issue effecting the future of the country.
People keep talking about band-aids or ideologies without a straight forward solution. The rich won't jump on it unless they can use the funds for investment, the poor won't do it with the risk of losing it all and the rednecks won't do it because they're all gut and no brain.
This situation is enough for anyone productive under the age of 40 to leave the country.
I don't go looking for thing like that, like you do.
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