brentspeak Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Mar-13-11 11:45 AM
Original message
CNBC tool John Melloy refers to Social Security as a "handout" and "welfare"
Edited on Sun Mar-13-11 11:46 AM by brentspeak
Note also the article's obligatory agreeing comments by other Wall Street stooges who are meant to be considered by the reader as "experts". Example #3,423 of how the Mainstream Media is nothing more than a mouthpiece for Wall Street
http://www.cnbc.com/id/41969508 /
Welfare State: Handouts Make Up One-Third of U.S. Wages
Published: Tuesday, 8 Mar 2011 | 3:59 PM ET
By: John Melloy
Executive Producer, Fast Money
Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.
snip
“You’ve got to cut back government spending and the Republicans will run on this platform leading up to next year’s election,†said Joe Terranova, Chief Market Strategist for Virtus Investment Partners and a “Fast Money†trader.
Terranova noted some sort of opt out for social security or even raising the retirement age.
But the country may not be ready for these tough choices, even though economists like Schnapp say something will have to be done to avoid a significant economic crisis.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x632708How quick you goons forget that for months you have crowed that SS is a handout when Tea Party people collect it.
I know when you spin everything sometimes your talking points contradict each other.
msongs Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Mar-13-11 11:50 AM
Response to Original message
1. sounds like Obama - gotta cut back that nasty government spending nt
Glad you finally realize that.
dixiegrrrrl Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Mar-13-11 11:51 AM
Response to Original message
2. Note how MSM is almost pure propaganda nowdays.
We need to teach our children/grandchildren not to trust it, and where to find real news.
Yep only John Stewart, Bill Maher, and Stephen Colbert are real journalists.
Faygo Kid Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Mar-13-11 11:51 AM
Response to Original message
3. Gee, I guess all that money I have paid into it for 40+ years means I will be on welfare.
It's all about privatization. Wall Street and the GOP want to get their hands on Social Security.
Actually us conservatives want a return on our forced investment. We are tired of DC pissing away the money like it belongs to Obama.
michaz Donating Member (940 posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Mar-13-11 11:52 AM
Response to Original message
4. Well between my husband and myself we have paid a lot of our wages into SS. n/t
So has the Tea Party.
