The Republican Presodential Candidates & Their Views

[Stealth694]

I agree that SS has become a Ponzi scheme, but only because congress could not keep its hand off the fund.
There are over 1.5 TRILLION dollars loaned to the US govt from SS, probably without the intention or repaying it.

[DuncanONeil]

2012 could be very odd year, between the Lack of Perforrrmance by Obama and wha tthe Replcan Candidates stand for, there could Literaly be no real choice

Think is there is always a choice! You might not like the choice, but it is a choice! And the old saw that the devil you know is better than the one you don't does not always apply.

[DuncanONeil]

"Perry Calling Social Security a Ponzi scheme."
..But it does have all the earmarks of a Ponzi. The only thing people seem to be able to come up with is the "full faith & credit of the US Government". But the program, and its benefits exist at the whim of that very same Government.

"Romney and Bachmann getting caught making statements that are totally opposite of statements they made before they were Candidates."
..Is this really anything new? Candidates are always doing this. Some may be the old attempt to say the necessary to get the job, some may be an actual change of heat due to new informantion.

"The Infighting that was shown on Monday's debate."
Since this is the contest to secure a party nomination, infighting is kind of required. The real sad thing about primary selection is the need to speak to the hard line party faithful.

"Its going to be a replay of the 2008 election, not so much people voting FOR Obama, rather people voting AGAINST whoever is nominated as the Republican Candiate."
It will remain to be seen just who the choices are and what is presented when they are actually speaking to the entire population.

[DuncanONeil]

If this is true EVERY CORPORATION in the world is a Ponzi, they depend "New Investors" to increase their cash flow for exspansion, hiring and buying products to make and sell

Only thing is that with SS there is no product. Even if you consider the checks the product that merely moves SS from Ponzi to Pyramid! See for a business there is no REQUIREMENT to buy their product, like there is with SS.

[DuncanONeil]

I agree that SS has become a Ponzi scheme, but only because congress could not keep its hand off the fund.
There are over 1.5 TRILLION dollars loaned to the US govt from SS, probably without the intention or repaying it.

"The Social Security trust funds, managed by the Department of the Treasury, are the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds. Since the beginning of the Social Security program, all securities held by the trust funds have been issued by the Federal Government.

There are two general types of such securities:

special issues—securities available only to the trust funds; and
public issues—securities available to the public (marketable securities).
The trust funds now hold only special issues, but they have held public issues in the past."
(http://www.ssa.gov/oact/progdata/investheld.html)