Russ Carnahan Laughed At By Forum Audience.

[CultureWarriors]

I guess Russ is too dumb to understand that privatizing SS doesn't mean "the stock market". Mutual funds of stocks are but one of many investment vehicles. This guy opens his mouth and shows the world what an imbecile he is. A < avg intellect!

[MsHokiemom]

Carnahan....what an idiot!

[MsHokiemom]

What an idiot!

[aburke673]

It is bankrupt. fire this loser

[kevlarunderware]

I think lyndon johnson signed a bill that put social security into the general fund. I also think that was a bad idea. they write IOU's to congress the thing you have to remember about the word congress is the first three letters in the word CONgress

[dhdw6]

Social Security has a surplus of tens of billions of dollars, but that money has been spent on two wars and tax cuts, both put into play by conservatives. That's a fact. Congratulations!

[dapsapsrp]

@dhdw6 Well if it has been spent then it doesn't have the surplus does it. I agree with you that the two wars have been costly and in my opinion pointless wastes of time, money and lives. No, the Democratically controlled Congress has squandered like no other on bail outs, clash for clunkers and other symbolic gestures. How do you spend money by tax cuts. That is classic liberal BS. How about cutting spending? How about not bailing out mismanaged companies?

[100crawma]

what a douche bag--- obama is a dismal failure and a marxist pig

[1Makyo]

@100crawma Impeach Obama

[100crawma]

@1Makyo impeach the marxist pig Obama

[allclassics]

Govt still spends at Boom levels of 2007 with less taxes due to recession.

I guess we should have also let Madoff to continue his Ponzie charade. SSI is the same.

[1Guitarslayer]

if you open the social security vault there is nothing in there but a big fat IOU

audit the federal reserve

[julieification]

@1Guitarslayer I signed a petition to audit the federal reserve. It went nowhere.

[thedanesaregreat]

Love this guy Ed Martin ! Got to Vote for Martin .

[guinnessman1970]

The REAL truth is that the gov't was taking in a surplus and then spending your money recklessly. Social Security is really backrupt today because it must ask the other part of the gov't to pay back the money that it has wastefully spent for the last 75 years. The surplus was your money that should of been return. All money that you have paid in should of been return to you 100%, not more not less but that is not the case.

[Yakko77]

By God, I thing The People are finally awake in this country. That so many justifiably laughed at the ridiculous comment the Congressman made about SS being stable shows that people are aware and informed about the situation and aren't going to let someone who can read a well prepared speech BS them in this election. Hopefully this time The People stay awake in future elections as well. I don't think we can afford history repeating itself when we're talking about trillions of dollars of debt.

[miazagora]

So, if Social Security wasn't in the stock market...where has the money been? Isn't the government supposed to be investing it in business where it will actually MAKE money instead of spending it on other entitlement programs and such? Why would it have been so terrible to privatize Social Security? We need a way to keep the government from raiding the cookie jar every time an election year rolls around in order to keep Social Security viable.

[messagesfromtucson]

Translation of comment from moderator:

"Just sit there and be quiet like good little slaves. YOU work for these people on stage."

[irisojects]

Carnahan sailing on the ship on the of fools. I was waiting for the moderator to say, class! We must behave. Kick the BUMS out!

[MueX]

Maybe someone should remind him that Bernie Madoff went to jail for running a ponzi scheme.

Raising taxes to keep the pyramid base expanding, is nothing more than a government bailout.

[y2knoproblem]

Social Security is in a good shape unless we let the Repubs from destroying it.

[NCMan28025]

@y2knoproblem Social Security is the biggest Ponzi Scheme in American history. Democrats have robbed the system to fund other liberal entitlement programs. This is the first year in history, and under Democrat-controlled Congress, that Social Security is paying out more than it takes in. Nothing is in the social security system but IOUs. The same trick Bernie Madoff used to trick his investors.

[simoniniraq]

@y2knoproblem saying that "Social Security is in good shape" is the most ignorant comment possible and simply shows you know nothing about the current state of that system.

[gekkobear]

@y2knoproblem What?

Would you like to claim it's not losing money now, that demographics don't have fewer workers per retiree in the coming years, or that it just doesn't get funded that way at all?

Pick your lie now, since it's losing money already, will lose more money in the coming years, and is going to have to be funded by bleeding the government dry. Sorry that you don't like the facts, but they are how reality is set; deny reality if you want, but don't expect a following.

[y2knoproblem]

@gekkobear Check your facts with the SS Administration. It is fully funded and in good health. You should stop listening to Beck, Limbaugh, and Hannity. They lie and get people whipped up over nothing so they can profit from it. Don't be a sheep. Do your homework.

[guinnessman1970]

@y2knoproblem People for some reason don't think that Social Security system, with all it surpluses, has not been profited by those in gov't. THere are many who depend on that surplus for lucrative gov't contract. The gov't, lobbiest, corporations, bankers, or wallstreet all profit on your social security tax. The only one that doesn't is you. It a mandate enforced by the gov't to take from you.

[meepbobeep]

@y2knoproblem Funded? Uh, no. It's a pay-as-you-go system, and that system is now paying out more money in benefits than is taking in in taxes.

Now, you may think the "Trust Fund" is something real, because it's printed on paper...but all it is is deferred taxes. To "cash out" that money, either more borrowing must occur, or more taxes now. It doesn't matter what the supposed balance of the Trust Fund is - that's not real assets in there.

[dxcell1]

Omg ppl. All politicians are corrupt, greedy and selfish.  Yet morons still vote and support them. They get richer and poor poorer. Wake up!!

[quizerry]

The Republican's don't want to privatize it. They want to make it personal accounts. It would be the same that the money would come out of your check but it would go into a personalized account for you and invested into bonds of your choice. It is est. it would give you double what the system does now at age 65 but the best thing is that you can leave the money in your personal account to your estate, your family or whoever when you die. And Congress can't touch it!

[11111110]

@quizerry

And should the economy crash again, and those bonds become worthless, what then?

[NCMan28025]

@quizerry Americans should get the same retirement these politicians get. Politicians want to keep Americans slaves to Social Security so they can continue to rob the funds to pay for other entitlements programs. It's our money and we should be able to invest our money as we deem fit. Only idiots still trust corrupt politicians.

[TheRhmo]

Soc Sec is fully funded until 2037 with Treasury Bills. Raising the earnings cap (not retirement age) will fix it beyond that. I'm a retired broker; Wall Street's been itching to get its hands on Social Security for at least 3 decades and buying politicians for that purpose. Martin can say he's against privatization but, if elected, won't buck his party's leadership.

[quizerry]

@TheRhmo The CBO report that just came out states this year SS will operate in the red because of the economy. It is paying out more then it is taking in and is est. to do so till 2016. The vaunted “trust fund” is filled with non-recourse government bonds( worthless pieces of paper that would take it to 2026)  Either payments have to come down or taxes have to go up, unless we adopt real reform. In other words it is broke NOW.

[MEpianist]

All the teabaggers here sound like zoo animals.

[quizerry]

@MEpianist So you don't believe in smaller government, less taxes and a free markets system that has made this Country the strongest and most prosperous Country in the World for over 200 years?

[MEpianist]

@quizerry

Well I'm a libertarian so perhaps we'd agree on a lot. However I hate teabaggers for coopting the movement

[jetbtkng]

@quizerry go to tax.com & go to blogs & then this article, So How Did the Bush Tax Cuts Work Out for the Economy?, u may learn something, as for ssi it costs 0.9% to run it, if it was privatized it would cost 5 cents out of every dollar going for adminastrative costs, thats 4 times more than it costs now to run ssi......

[TheKuffarKid]

Our budget won't survive the babyboomer's retirement.

[quizerry]

@TheKuffarKid If we do nothing to reform SS the baby boomers will get smaller benefits while the younger generations will be forced to pay higher tax into the system. Right now the tax is 12.4% it is est it would have to go up to 18% just to sustain cost. That would hurt everyone and businesses because as you know they pay 1/2 of your SS in payroll tax. Medicare would also have to double to 2.9% to sustain the system or benefit have to be drastically cut giving us the highest taxes in the world.

[TheKuffarKid]

@quizerry It's much worse than that. Going on the numbers now doesn't account for the added benefit demands the baby boomers, the most selfish self centered generation to date to move into SS retirement, will place on the politicians.

[hobo59]

Thank you teenagers who voted for Obama and agreed with his plan for you to pay for my health care. Tehehehe !

[msspurlock]

Torchy Carnahan's ongoing truth problem.

[omegahpla]

!HAHAHAHAHAHA! Carnahan !HAHAHAHAHAHA! 

[eddiebear1]

Isn't this the same Carnahan who claimed "teabaggers" torched his office, when it really was one of his own staffers?

[msspurlock]

@eddiebear1 Yep!

[quizerry]

@eddiebear1 Yes he is kind of a joke. He is also the son of Mel who got voted into to office after he died and his wife to over his seat till the next election. It was totally unconstitutional.

[NCMan28025]

@eddiebear1 That is him

[BeantownJim]

Speak your mind! Screw these PC actors!