did i understand obama right

Discussion in 'Community Forum' started by treerat, Jan 16, 2009.

  1. treerat

    treerat 12 pointer

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    Nov 8, 2004
    Hickory KY
    i may be wrong,,i was tired when i heard it,,that one of the things that obama wants to make cuts on is social security and medicare,,,,,,did i hear that right??? or am i wrong??? if he is,,, WHAT IN THE HECK ARE THESE OLDER FOLKS SUPPOSE TO DO,,most of them live month to month barely,,,dang,forgot my smilies,or in this case,,frownies,
     
  2. kycowboy

    kycowboy Banned

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    Dec 11, 2004
    fuck off
    Yeah but what are the people like me to do I will pay into it my whole life I still have 25 years to retire and it will not be there when I get old enough to draw it
     
  3. mrdux

    mrdux Guest

    He just wants to cut benefits to anyone who ever paid into the system so there will be plenty for all the illegals and those who haven't paid $.01. It's called buying votes the socialist way.
     
  4. tjo

    tjo Spike

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    Dec 10, 2008
    IN

    I hear that!!!
     
  5. Scott7m

    Scott7m 12 pointer

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    Dec 20, 2007
    Carter City, Ky
    I'm sure ol JTB or whatever his name is on here will have a very good reasonable explanation for this!
     
  6. schroader

    schroader 10 pointer

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    Dec 27, 2004
    down by the river,,,
    I thought he would fix everything... again.. hes going to make the rich richer and the poor poorer..People the voted for got what they wanted.. ..I just hope it doesnt get worse..:mad:
     
  7. whitetailpredator

    whitetailpredator 6 pointer

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    Jan 30, 2007
    Leitchfield, KY
    Im graduating from WKU in may with a degree in finance and one of the classes I had to take was retirement planning (didnt know it was a whole course on ss.) IMO if obama trys to cut ss it wont pass through congress and if it does he wont have a second term. BUT from all the numbers we examed in class the ss system has been running a surplus for years and they have been stock piling that money. BUT according to all the experts in the year 2013 the # of people retired will exceed the # of people paying into ss. So the ss system will have enough money to cover their losses till 2040 then after that the excess will be gone. At that point they will be collecting .75 cents for every dollar collected. So if you plan on being retired in the years before 2020...you will be alright...thats just my own opinion.
     
  8. Salty

    Salty 8 pointer

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    Mar 21, 2002
    Winchester, KY
    Whew...........just made it. Signed up last week after paying SS for 45 years. He said first check would be in May. I would appreciate yawl keep paying so I can get some back.
     
  9. I don't think I should have to pay a pennie towards SS...hell there may not be any left by the time I get old enough to draw so my money just goes to someone else. I plan on taking care of my retirement on my own, I don't depend on someone else to plan it for me
     
  10. Ky'sFinest

    Ky'sFinest 10 pointer

    ron paul has a great plan to ween people off ss.
     
  11. schroader

    schroader 10 pointer

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    Dec 27, 2004
    down by the river,,,

    So does Osama,, Just cut it off....:mad:
     
  12. CRFoster68

    CRFoster68 8 pointer

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    Jan 7, 2009
    Fort Thomas
    They should just send out copies of Dave Ramsey's Total Money Makeover.
     
  13. or just use common sense...but then again many people don't have that
     
  14. KyBucks10

    KyBucks10 12 pointer

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    Dec 5, 2008
    Burgin, Kentucky
    Aren't you guys looking forward to the "Change" that he is bringing for America!!! :rolleyes::rolleyes::rolleyes: The only change that i hope he has is a change of heart!!!
     
  15. trust me

    trust me Troubled Loner

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    Nov 27, 2004
    Jerkwater, KY
    I'd like to see a politician run on a promise of cutting the dead wood from the social security draw...you know, the guys that are so disabled they can't work, but yet they can ride the ATV, water ski, ride Harleys all summer, and run a climber 30 feet up an oak tree. I know some that draw 30-40,000 annually from social security and company insurance, and are more physically fit and active than I am. These guys are breaking our system just like all the illegal immigrants everybody complains about.

    That politician would get my vote.
     

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