Drudge Retort: Red Meat for Yellow Dogs
Drudge Retort

User Info

katieberry

Subscribe to katieberry's blog Subscribe

Menu

Special Features

Links

Comments

You take ANY money away from Social Security You are hastening it's destruction. How can You fund Social Security if one has the option to Opt Out?? What needs to be done is raise the amount that is taken for Social Security. Instead of NintyOne Thousand raise it to two hundred thousand. Social Security and Medicare are VITAL for the Elderly and the Disabled. We have to take care of Our elderly somehow. If it weren't for them we wouldn't have America. They sacrificed their lives to make America a better place. It is in their golden years that they should reap those benefits.

Larry Mohr


Larry,

Ultimately, that is my biggest dilemma. As a young person, who's currently dumping a ton of money into my 401k/IRA (as well as 529 and HSA), I wish there was a way to put all of my (and my employers match) FICA and Medicare money towards my own retirement. I hate the idea of getting such little return for all of the money I've put into the system. My spouse and I also have pretty decent health insurance and our own life and disability policies. Our AFLAC disability (short & long term) policies also far surpass anything we could get with SS Disability.

In all honesty, I'm very frustrated with the "boomers" who are getting ready to retire. I feel like they lived through the hey day of American economic prosperity; an era that will probably never return yet don't have their own retirement accounts. I find it remarkable that the modern IRA has been around for such a long time, yet there are so many who don't have one.

As someone who has spent my entire entire adult life in the post-industrial era of stagnant wages and skyrocketing insurance & energy costs, I'm a bit frustrated that so many boomers have nothing to show for their working lives besides a pile of debt. Somehow my spouse and I have managed to put away a decent amount of money (and are well protected with insurance) on very meager salaries, yet there are many out there who lived through much more lucrative times and have nothing to show for it.

On the other hand, I understand the need for programs like Social Security for those who are less fortunate or suffer from unforeseen economic or health issues. Having high levels of poverty for the elderly and disabled is not somewhere I'd like to see our country go either.

There must be a way to strike a balance between the quality and payout of private retirement and insurance with the backing of the US Government to stabilize the ups and downs of the market. The problem is, there is so much political rhetoric on both sides, I don't think we'll find a solution until we have a major crisis. It's hard to strike a balance between the democrats who want a nanny state and the republicans with their f*ck the poor/elderly/disabled attitude.

Back in 2000 George Bush did think the President could influence OPEC over the price of oil. If I recall correctly, Bush repeatedly attacked Gore over the cost of gas during the election.

Mr. Bush was critical of Al Gore in the 2000 campaign for being part of "the administration that's been in charge" while the "price of gasoline has gone steadily upward." In December 1999, in the first Republican primary debate, Mr. Bush said President Clinton "must jawbone OPEC members to lower prices."
www.cbsnews.com

Here is the full quote:

"What I think the president ought to do [when gas prices spike] is he ought to get on the phone with the OPEC cartel and say we expect you to open your spigots...And the president of the United States must jawbone OPEC members to lower the price."
[Gov. George W. Bush, 1/26/00]

So, either he was lying back in 2000 or was just wrong about his influence with the Arabs. What's also interesting was that Bush demanded tough action on OPEC (and was very critical of Gore) because gas peaked at $1.64 back in 2000.

Why doesn't Bush just jawbone OPEC members and demand they open their spigots? If he thought $1.64/gallon was bad, he must be livid about $4.00/gallon.

I support completely revamping the GI Bill.

Though, because I am nearly 100% positive this bill won't pass (nor get through a veto), I wish they would make some easy and inexpensive changes to the current GI Bill.

They need to do whatever is needed to allow for more efficient processing of paperwork and quicker disbursement of funds. They should also ban any university or college from essentially punishing the student (by not allowing him/her to register, graduate, receive grades, get a transcript, etc...) due to delays in processing GI Bill paperwork.

While an undergrad, there were numerous semesters where (through no fault of my own) my GI Bill paperwork (as well as ARNG EAP) was held up and funds weren't disbursed until half way through the semester. I know I wasn't the only one who dealt with this, and unless things have dramatically changed recently, this was (and I'm sure still is) a huge issue. My congressman's office was so used to dealing with these problems, they had a form letter just for GI Bill related issues.

They need to also make changes to the National Guard/Reserve GI Bill program. To receive the money, a reservist needs to be actively drilling. With back-to-back deployments (and multiple AT's a year) it's very hard for a lot of reservists to get through a 4-year college during a 6-year enlistment. I also believe any reservist who serves more than 3 years on active duty should be entitled to active duty GI Bill.

It's a shame Congress won't make the easy changes to the existing program. These issues have been on-going for decades and are nothing new. They'd rather fight for a bill that they know won't be signed into law for political reasons.

Drudge Retort

Liberal Blog Advertising Network

RSS Spec