| Search by tag or site | Login to my blog ? Start my own blog |
![]() |
Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
A Howler From Hillary On Social Security
Posted on 09/06/2007 19:11:15 | Link | Post Comment
Hillary Clinton is proving to be as much a liar as her husband. In a Washington speech to retired persons she said yesterday,
When my husband left office, we had a secure Social Security system until 2055, and then, all of a sudden, the Bush Administration took us back into deficits.Sharp folks at NBC -- yes, NBC! -- note,
Wait a second: Is that right? A 2001 Social Security Board of Trustees report said the program would remain solvent until 2038, not 2055.And what do the Bush-era federal budget deficits have to do with it anyway?
A friend who is very knowledgeable about Social Security, and no Clinton supporter, tries to throw Hillary a lifeline of sorts on this one, but it doesn't reach:
Could she be referring to President Clinton's proposal to create a sort of artificial extended solvency, inflating the Trust Fund through the issuance of bonds from the general fund? It never went beyond the proposal stage, as the GAO Comptroller General declared (rightly) that "It does not represent a Social Security reform plan" and any such an illusory fix would be "more perceived than real..."
- Recession? Hell No, We're In A Depression
- Accountability? Not For The Inheritor
- Those Hard-working Ceo's
- Cracked!
- It's My Day To Get Quoted!
- Nov 2007
- Oct 2007
- Sep 2007
- Aug 2007
- Jul 2007
- Jun 2007
- May 2007
- Apr 2007
- Mar 2007
- Feb 2007
- Jan 2007
- Dec 2006
- Nov 2006
- Oct 2006
- Sep 2006
- Aug 2006
- Jul 2006
- Jun 2006
![]()
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them [read more]












<< My Home | TheMoneyBlogs Home