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Social Security falls under FICA, Federal Insurance Contribution Act. It's an act not a tax, though we all think it is, complain like it is and the Government treats it like it is. They do stick the word "tax" after the word "Act" but it's not a capital "T" so it's not a tax.
That says to me it's not an entitlem...more
I've been complaining about the Greenspan policies since the Greenspan era. Bernanke is a Greenspan clone and just as bad. Like Geithner, he should be removed from the office.
I guess the 1% is just waking up and realizing how bad things are. ( They must be losing money)
Very typical of the "Government" we have today. Leave the rich alone and go after those of us who are struggling just to survive. They don't need us or want us around, because we can't pay them for any their influence.
What ever happened to representation of the people? There's no one in Congress that represents...more
The only people profiting from the FED are the 1%'ers. The rest of us get to pay for it in lost benefits, program cuts and higher taxes.
Cash out your 401K's and move it to your own IRA. Stop letting the rich play with your money. They are the ones who got this country in to the mess it's in now. It's the only w...more
Just like a line of dominos. It just takes one to go down and the rest follow. We already know about Greece, Italy, and Spain. The US is starting to wobble too. My only advise is to stock pile food now.
Key word here is, "MIGHT." I might win the lottery and we might just elect a government that works for the country instead of themselves. Chances of happening, moderate to extremely low.
Let's just declare bankruptcy and start over. Let's be the first to do it so the other countries don't expect us to bail them out. You know that's what they're going to try to do.
Nothing would change. The Fed would continue to print cheap money, the economy continue on, but maybe the jerks we have in charge woul...more
4/11/2013
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