“shifting financial obligations of this magnitude to future generations is immoral, unacceptable and unsustainable”
By American Girl in Italy on September 28, 2009 at 9:00 AM in Congress (House & Senate), Current Affairs, George Bush, Health Care, Media Bias, Nancy Pelosi, National Debt, Sara in Italy, Social Security
“We are spending enough of our kids’ money,” the letter said. “Our country needs to get back to following the teachings of Romans 13:8, which says we should ‘let no debt remain outstanding.’”
“In our view, shifting financial obligations of this magnitude to future generations is immoral, unacceptable and unsustainable,” the senators’ letter said.
“All of us are willing to work with your administration on a plan for…reform that will keep the system solvent for the long term,” the senators said. “But we are concerned about the fiscal crisis facing the nation.”
Pelosi said the president would be met by people every step of the way who support keeping the system the way it is.
Can you say HYPOCRITES!?
These are quotes from a 2005 article, Dems Rally Against Social Security Plan
House and Senate Democrats rallied Thursday against President Bush’s plan to revamp Social Security, to show they would not let it pass without a fight.
Forty-three of the 44 Democrat senators, plus Independent Sen. Jim Jeffords of Vermont, signed a letter to the president saying it was “immoral” to borrow more money to pay for the plan, even quoting from the New Testament to make their point.
Bush says the Social Security system is broken and will be “bankrupt” in just a few decades if it’s not fixed, and he favors private investment accounts that would be funded by drawing a percentage of money out of Social Security taxes that otherwise would go to pay benefits.
Pelosi said,”the president would be met by people every step of the way who support keeping the [Social Security] system the way it is.”
But now, when Conservatives are worried about the out of control spending and huge deficits, and recession that we are in, and Republicans are working to develop plans for health care reform that won’t bankrupt the country, they are labeled hateful, racist, teabagging extremists who just want to see people die?
From Newsbusters:
Social Security In Deficit, Obama Applauded Reform’s Demise in 2006
Contrary to what the Left and their media minions told Americans in 2005 when President George W. Bush wanted to reform Social Security, the nation’s largest entitlement program is now projected to run deficits for at least the next two years.
In an article on the subject published Sunday, the Associated Press mysteriously hid the seriousness of this revelation while never once mentioning the Republican push to solve this problem four years ago, or that Democrats in January 2006 — including Sen. Barack Obama (D-Ill.) — actually applauded the death of the previous year’s reform efforts.
The obfuscation began with the headline:
“Early Retirements Strain Social Security System.”
Strain? How about calling a spade a spade and letting people know up front that Social Security is about to run a deficit?
No. Such honesty came later:
Big job losses and a spike in early retirement claims from laid-off seniors will force Social Security to pay out more in benefits than it collects in taxes the next two years, the first time that’s happened since the 1980s.
The deficits — $10 billion in 2010 and $9 billion in 2011 — won’t affect payments to retirees because Social Security has accumulated surpluses from previous years totaling $2.5 trillion. But they will add to the overall federal deficit.
Applications for retirement benefits are 23 percent higher than last year, while disability claims have risen by about 20 percent. Social Security officials had expected applications to increase from the growing number of baby boomers reaching retirement, but they didn’t expect the increase to be so large.
What happened? The recession hit and many older workers suddenly found themselves laid off with no place to turn but Social Security.
Finally, the facts:
The Congressional Budget Office is projecting that Social Security will pay out more in benefits than it collects in taxes next year and in 2011, a first since the early 1980s, when Congress last overhauled Social Security.
Social Security is projected to start generating surpluses again in 2012 before permanently returning to deficits in 2016 unless Congress acts again to shore up the program. Without a new fix, the $2.5 trillion in Social Security’s trust funds will be exhausted in 2037.
Might have been a nice time to mention that in 2005, President Bush wanted to overhaul Social Security to prevent this from happening, and that Democrats in Congress aided and abetted by their media minions convinced the American people that this wasn’t a serious problem that needed to be addressed yet.
Hmmm. So the crisis Bush and the Republicans predicted is now here, and not only doesn’t the AP mention that, it also didn’t express any shock whatsoever that Obama isn’t focusing on this now.
Read the entire Newsbusters article here.
The Democrats, while Bush was President, said “shifting financial obligations of this magnitude to future generations is immoral, unacceptable and unsustainable”.
But, now apparently it is hunky dory. And if you don’t agree, well, then, you are racist!
What a bunch of lying phonies.
, the basis for the Best Motion Picture Nominee (Golden Globes) starring Brad Pitt.
, the novel by John Le Carre, a new motion picture starring Gary Oldman and Colin Firth.
by 
* (Included in the 
* 
.by David Fredosso who wrote 2008's 
- You'll have access to 18 million movies, TV shows, songs, magazines, and books, as well as ultra-fast Web browsing with Amazon Silk -- faster than iPad. Full e-mail and document access and a keyboard. Fire can transmit what is on your screen onto a connected TV or monitor without an accessory. It runs Flash (iPad doesn't). 
