Welcome Guest [Log In] [Register]
Welcome to Campfire Soapbox. We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Greenspan Says SS Is Not The Big Problem..
Topic Started: Feb 16 2005, 11:50 AM (677 Views)
cmoehle
Member Avatar
Chris - San Antonio TX
I don't know but I don't read Greenspan's remarks the way you do, Gary. You are giving a one-sided view.

It is true that Greenspan said the privatization plan does nothing to solve Social Security's eventual insolvency. But it is also true that he favors privatization and cautions it needs to be done gradually to avoid the ill-effects of borrowing trillions to jump start it.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Chris.

Reading Greenspans statement is a very poor strategy.

I don’t know that I have ever heard a Greenspan statement that ever said what he meant. They seem purposely designed to be able to cover any interpretation..

Instead Chris

Read a transcript of the Question and answer period that followed..

Greenspan’s position can only be interpreted as:

If it wasn’t for all the possible consequence. If it wasn’t for the costs involved.

FIX those cost problems

And I would support a forced savings plan.

He specifically said he can not endorse a Bush plan. Because Bush has not come forward with a plan.

He specifically called it a FORCED SAVINGS PLAN. Not a personal or privatized plan..

He specifically said It HAS TO BE A FORCED SAVINGS PLAN. Or he could not endorse it..

He specifically said a cost of one trillion dollars would be the tipping point that could lead to DISASTER. (not lead to a problem). And a 2 trillion dollar cost WOULD lead to unimaginable consequences..

He specifically said that a plan that fully funded SS. And expanded on the 401k and IRA plans would be the best situation..

He in other words made the point.

That the, ‘USS Forced Savings Plan’, would be a great ship.

If it was floating at the top of the sea. Not sitting on the bottom..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
That sounds like, when Bush says of Muslims we all worship the same God and Islam is peace, arguing he doesn't mean what he says. I don't buy that. Allows any claim to be supported.

You need to take into account what he says and all that he says.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Greenspan, No continuation of Bush Tax cuts.

LIVE ON CNBC NOW...

PAYgo MUST be returned to full force..

Medicaid must be Fixed before Privatization is considered..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Greenspan, No continuation of Bush Tax cuts.

LIVE ON CNBC NOW...

Pego MUST be returned to full force..

Medicaid must be Fixed before Privatization is considered..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Greenspan

Paygo, Must be re-instituted as expeditiously as possible

Privatization DOES NOT HELP FIX SS....
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
CONGRESS, BOTH SIDES

ARE RIPPING GREENSPAN A NEW BUTT ****** :{
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Make that all three sides..

The independent grabbed hold.. And still hasn’t let go.. :)
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Greenspan

Opening the borders to immigrants. Will help finance SS..

Unfortunately, He fails to mention it will drive down wages. Which will have a negative affect on Americas standard of living..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Greenspan , NO MORE TAX CUTS

NO MORE TAX CUTS THAT DO NOT COMPLY WITH PAYGO
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Greenspan , Some insurance MUST BE SOCIALIZED.

Markets are not capable of financing terrorist insurance..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
Merging...
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Chris.

It is socialism, Plain and simple..

It is a hand out to corporate interest.. Period..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
cmoehle
Member Avatar
Chris - San Antonio TX
Help the truly needy not those who choose to be needy.
Politics is the art of achieving the maximum amount of freedom for individuals that is consistent with the maintenance of social order.
--Barry Goldwater
Offline Profile Quote Post Goto Top
 
BuddyIAm
Member Avatar
Member
Buddy Asks.

How can socializing terrorism insurance. A insurance that is in fact a hand out to corporate financial firms .

BE JUSTIFIED.

And then someone uphold the idea that a one payer Medical system is unthinkable.. ..
"The truth lies in a man's dreams... perhaps in this unhappy world of ours whose madness is better than a foolish sanity."
"Facts are stupid things." - Ronald Regan
"Ideas are more dangerous than guns. We don't let our people have guns. Why should we let them have ideas?" --Josef Stalin
Offline Profile Quote Post Goto Top
 
ZetaBoards - Free Forum Hosting
Free Forums. Reliable service with over 8 years of experience.
Learn More · Register for Free
Go to Next Page
« Previous Topic · Soapbox · Next Topic »
Add Reply