Social Security

2008 Presidential Candidate Ralph Nader discusses Social Security. This is in response to a question asked by a student at the University of West Virginia, September 24, 2008. Video by Karen Kilroy - http://karenkilroy.com

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• ralph
• nader
• president
• 2008
• social
• security
• obama
• mccain
• west
• virginia
• university
• students
• election
• financial
• karen
• kilroy

[brent41m]

there is and never has been a problem with SS. The problem is our legislators are using its surpluses to pay for the other parts of geverment they over spent on. 50% of our taxes go to defence. No other country in the world spend much over 10% of there taxes. Cut defence spending that is used to fund wars ( that benifiet huge corprate interests ) and we could have free health care and the rest of the world would hate us a whole lot less!!!!!!!!!

[helltrackrider]

@stickitupyourasteric

You say things "must be reduced"...whose job is it to reduce these things?...the governments?...The reason these items cost as much as tehy do is directly because of the government and its monetary policy accompanied with excessive legislation.

[stickitupyourasteric]

@helltrackrider WAGES HOME COSTS VEHICLE COSTS MUST BE REDUCED  H CARE COSTS R A JOKE

[n5ifi]

Democrats started Social Security and claimed participation in the program would be completely voluntary. Democrats then made it a non voluntary program. Democrats said participants would only have to pay 1% of the first $1,400 of their annual income into the Program. Democrats changed that to 7.65% on the first $90,000.

[netster007z]

@80jvc88 Well who decides what is just and what is unjust? I believe it is unjust for someone to steal or assault. However I do not believe it is unjust for a private citizen to choose to do something dangerous that affects only him, like not wearing a seatbelt for example. Is coercion just? Is it just to take someone's money by force and put it into a financially insolvent "trust fund" whose own administrators even acknowledge will not be able to pay all its liabilites after 2043?

[jhunted7667]

what I don't understand is if the Dollar is denoted in debt instead of gain , how can you say that something is funded with debt????

[islamiscrap8888]

if it walk ,talks, acts like a ponzi scheme, it is a ponzi scheme. SS and medicare are ponzi schemes. a ponzi scheme is when somebody takes money out spends some for himself and takes money again from somebody else to pay the original person ,and repeat.

[helltrackrider]

@Joehtosis

The Turks cant be credible for one reason; they will never give the private sector / free market its credibility and will always seek to explain how a lack of regulation over the free market causes issues...They are Progressives, they may be decent on Foreign Policy, but Social Policy they prefer collectivism as opposed to individualism.

You cant have a forest without a lot of trees...they fail to see that if every tree has no leaves, the entire forest has no leaves.

[Joehtosis]

@helltrackrider

Not saying that you said they're close-minded, what I am saying is that I don't think they are, and that if they were confronted with an argument like this, they'd be given a new horizon to look upon and become that much more credible in an honest attempt at informing their viewers.

[helltrackrider]

@Joehtosis

If you are for social programs and support Obama...thats all fine, that is your belief...but if anything else, read into and educate yourself on the Federal Reserve...Money is the blood of every economy and our money today is created out of thin air by selling IOU's to China and Japan (only to be paid back with interest)...if our government doesnt take in enough taxes, it creates money ... this is inflation which ultimately leads to higher prices of all goods and services.