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Politics : President Barack Obama

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To: RetiredNow who wrote (125646)10/29/2012 3:11:19 PM
From: sylvester80  Read Replies (1) of 149317
 
That's because your Republicans Reagan, Bush Sr. Bush Jr., raided the SS and Medicare money that folks put into the program and handed them to big oil, wall street, the super rich (via tax cuts for the rich, big oil subsidies, corporate welfare, rich pet projects, pork barrel, wars etc...) and instead put IOUs in there. But the fact remains, SS and medicare is money people put in seperate from taxes. It's their savings accounts for SS and Medicare. And unless that "bank" (the U.S. government) files bankruptcy, they need to repay back that money that the people put in (again, that money is separate from taxes), and they can take it back from those that stole them. But SS & medicare should NOT be included when discussing cutting spending...
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