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The Dems who controlled both houses of Congress, their oversight committees headed by the likes of Barney Frank never gave any warning. Nancy Pelosi is not leader. Step down dear and let someone that understands the job step in.
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<font color="0000ff">Nancy Pelosi is not leader.</font> <BR> <BR>She is leader, if I may botch my English like a Canadian. <BR> <BR>She's incompetent and a left wing nut but she holds the gavel. That makes her a leader by definition. Not necessarily by action, but by definition.
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Nancy was not the leader when this "Titanic" struck, "W" was an Obama inherited the mess he left the country to clean up.
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I meant to say Nancy is no leader, and hasn't been for the two years past. She has been an obstuctsiontist like she is now encouraging other Dems to accuse the Repubs of being now. Elaine, remember when W tried to solve the Social Security problem, and he was met by Dems obstructing him at every step. So now it's their's to solve. Go for it.
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Bob <BR> <BR>W wanted people to put $ into a Personal Retirement Account. Into the stock market. Ask any normal person with a 401(k) how their retirement account is working out and you would soon come to the conclusion that the Dem's did everybody a favor. <BR> <BR>W's plan used a 4.9% return minus a 0.3% expense for a 4.6% annual return in his projections. That was 5 years ago. Most people would now be down 40% in their PRA. <BR> <BR>Personally I am for it. However, as of right now the last thing we need is Joe Q. Public also upset about their Social Security Account that has cratered. <BR> <BR>Members of Congress and the President have Defined Benefit Pensions yet they want to put the voters onto a Defined Contribution system. We need a law that Congress gets the same pension the voters get and see how good Social Security becomes. <BR> <BR>Bush tried to inject capitalism into a socialist program. Democrats are supported by people who benefit greatly from socialist programs like minimum wage laws, SS, Medicare, tax-free bonds for nursing homes, etc. <BR> <BR>Here is what President Eisenhower (Ike) said in a prophetic way in 1954 in a letter to his less pragmatic brother:<blockquote><hr size=0><!-quote-!><font size=1><b>quote:</b></font><p>Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt (you possibly know his background), <font color="ff0000"><b>a few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and <font size="+1">they are stupid</font></b></font>.<!-/quote-!><hr size=0></blockquote> <BR><a href="http://www.eisenhowermemorial.org/presidential-papers/first-term/documents/1147.cfm" target=_top>http://www.eisenhowermemorial.org/presidential-pap ers/first-term/documents/1147.cfm</a> <BR> <BR>W has severely damaged my formerly Grand Old Party.
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To learn more about the Social Security's Personal Retirement Account proposed by Bush 5 years ago which was wisely defeated: <BR> <BR>The Heritage Foundation... <BR> <BR><a href="http://www.heritage.org/research/features/socialsecurity/welcome.asp" target=_top>http://www.heritage.org/research/features/socialse curity/welcome.asp</a> <BR> <BR>Their page has calculators, rate of return assumptions etc.
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Social Security and Medicare is the third rail and no one dares to mess with it. And with the baby boomers soon beginning to use it, it's guaranteed against tampering. <BR> <BR>But, if Congressional pensions were covered by Social Security and their medical benefits like their constitutents, things would surely be changed!
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Social Security and Medicare is the third rail and no one dares to mess with it. And with the baby boomers soon beginning to use it, it's guaranteed against tampering. <BR> <BR>But, if Congressional pensions were covered by Social Security and their medical benefits like their constitutents, things would surely be changed!
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Elaine <BR> <BR>You are a wise Elder, IMO. How, or by what process, did the elected representatives of our country get a pension system that is so superior to the public's pension? We elect them to represent US, and they turn around and help themselves. I have half a mind to donate a huge sum to Kos and his band just to upset the apple cart, so to speak.
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It seems we've really elected the K St.lobbyists. <BR> <BR>Just wait until the health care is debated!! With the proposal that health care be paid directly rather than through the insurance agencies which take their commission, it will bring the big insurance company lobbyists out of the woodwork with $$ to stuff the congressional pockets. <BR> <BR>Forbidding volume contracting for drugs and services, as does the VA, has cost seniors and the government $$$$ all unnecessarily. Direct payment from Medicare reduces administrative costs from 10-15% down to less than 4%. So, that is why the insurance companies are fearful that direct single-payer will drive them out of business. And why the former administration preferred "private insurers." There is no other reason, as direct pay would save the government billions!
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