Politics

Rick Perry: Social Security ‘Is a Ponzi Scheme’ for Young People

Rick Perry: Social Security is a Ponzi Scheme

While campaigning in Iowa over the weekend, Texas Governor Rick Perry shared his thoughts on Social Security, stating:

“It is a Ponzi scheme for these young people. The idea that they’re working and paying into Social Security today, that the current program is going to be there for them, is a lie,” Perry said. “It is a monstrous lie on this generation, and we can’t do that to them.”

These same sentiments about Social Security are mirrored in Perry’s book, “Fed Up.” The Wall Street Journal reports:

In his fiery anti-Washington book, “Fed Up!”, published last fall when he had no plans to run for president, Mr. Perry called the program, which turned 76 on Monday, “a crumbling monument to the failure of the New Deal.”

He suggested the program’s creation violated the Constitution. The program was put in place, “at the expense of respect for the Constitution and limited government,” he wrote, comparing the program to a “bad disease” that has continued to spread. Instead of “a retirement system that is no longer set up like an illegal Ponzi scheme,” he wrote, he would prefer a system that “will allow individuals to own and control their own retirement.”

Watch Perry deliver his comments below:

(h/t: Mediaite)

Comments (199)

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  • AzSage
    Posted on August 29, 2011 at 9:05pm

    Way to go Rick Perry. Finally someone with big brass bro’s to start telling the truth.

    Perry/ Paul 2012!!!!!

    Report Post » AzSage  
    • Bonnieblue2A
      Posted on August 29, 2011 at 9:34pm

      Record, not rhetoric. Why do you want Perry because he suddenly begins to speak like Paul when it becomes politically advantageous for him to so do?

      Paul is the real deal. Vote record and integrity.
      Ron Paul 2012!

      Report Post »  
    • Malcom0983
      Posted on August 29, 2011 at 9:36pm

      Go to youtube and search his stance on immigration. He is a “former democrat.”
      Research this fraud. Don’t fall for the idea of his celebrity, thats how we got Obama.

      Report Post »  
    • TSUNAMI-22
      Posted on August 29, 2011 at 9:50pm

      @ Bonnieblue2A

      Paul is the real deal. Vote record and integrity.
      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
      If Ron Paul would change his stance on Iranian foreign policy I’d probably vote for him. I think many people feel the same way.

      Report Post »  
    • ProbIemSoIver
      Posted on August 29, 2011 at 9:53pm

      Ha. he read one of my BLAZE posts :p I said that exact thing about 2-3 weeks ago.
      SS is a ponzi scheme. Editors at blaze, check it.

      Report Post » ProbIemSoIver  
    • bolsen00
      Posted on August 29, 2011 at 10:01pm

      Oh grow up already! Stop acting like an Obozo groupie from 2008! Stop being stupid throwing votes away on candidates who don’t have the personality or the brains it takes to turn this country around! Paul OBVIOUSLY has autism! No world leader is going to work with him and everyone will laugh behind his back! He needs to retire! Perry is not very smart and has memorized a formula for getting people to give him a surface understanding of something and tell him what to do! He’s totally disloyal and a huge flirt! I don‘t EVER want to hear tea partiers talk about flip flopping when they support a former democrat who ran Gore’s campaign for president! Don’t care what year it was…that’s a MASSIVE DEAL BREAKER!! There’s NO EXPLANATION that could excuse those incredible mistakes in judgement! Wise up people!!! We are putting up with Gore’s crap today because of what Perry did putting Gore on the world stage!!! No Way!

      Report Post »  
    • The10thAmendment
      Posted on August 29, 2011 at 10:03pm

      I’m actually surprised that Perry had the ****** to make such a correct stand. The New Deal was a Raw Deal regarding individual freedom, and the humanity of personal responsibility.

      END ALL ENTITLEMENTS and return charity to the homes where it can be positively administered without some legalese clown in Washington being the say so.

      Report Post » The10thAmendment  
    • ProbIemSoIver
      Posted on August 29, 2011 at 10:04pm

      I found it here with search under: Social Security
      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
      ProbIemSoIver
      Posted on August 22, 2011 at 1:11pm

      Social Security is a Progressive PONZI scheme designed by Socialists !!!

      Report Post » ProbIemSoIver  
    • heyjim55
      Posted on August 29, 2011 at 10:05pm

      You may approve of him but Social Security is not a ponzi scheme to someone who is 50 years and older who have paid into it their whole working life. I am 56 and I strongly think it’s owed to me because I paid for it! they took it without my permission promising me it would be there when I got old now it’s Okay to take it away ha ha !!. If you want to see a ponzi scheme just look at our financial system that’s a ponzi scheme. Those who invested in the stock market and 401 ‘s got robbed in 2008 by the very same people who tell us to save our own money for retirement by investing in what? the stock market don’t be fooled by Perry is has been bought off already and could not careless about young or old people hecares about Rick Perry.

      Report Post »  
    • neverending
      Posted on August 29, 2011 at 10:10pm

      Amen and amen!

      Report Post »  
    • mwhaley
      Posted on August 29, 2011 at 10:13pm

      No difference if you are 20 or 70 a ponzi is a ponzi. A politician that has the guts to admit this has my vote. And yes Reagan was a democrat also.

      Report Post »  
    • LibertariansUnite
      Posted on August 29, 2011 at 10:21pm

      Slick Rick at it again! Parroting the good doctor!

      Rhetoric doesn’t matter, it is about voting record.

      Report Post » LibertariansUnite  
    • This_Individual
      Posted on August 29, 2011 at 10:22pm

      BONNIE- That’s how it works, I guess. The other candidates try to pick up the talking points that are resonating with the voters. Fortunately for us, they can’t take too much from Dr. Paul without giving up their core voters.

      Report Post »  
    • Banned on the Blaze
      Posted on August 29, 2011 at 10:31pm

      Perry is a liberal, wake up people, and before the Paul supporters open their mouths, Paul = Ross Perot.

      For the love of the country, Palin please announce soon so these dumbasssses will just go away!

      Report Post »  
    • rockstone
      Posted on August 29, 2011 at 10:38pm

      @HEYJIM

      That’s the point of a well run ponzi scheme big guy. Someone pays and pays and then gets stuck.

      In this case, it’s you! (Along with most of the rest of us.) Now ….demanding your money at the expense of some would be saps coming down the road? Well Jim……. that makes you one of the bad guys.

      See……You know there is no chance of it working out well for them…but….. you want to be paid anyway.

      Now… you aren’t a bad guy. Are you Jim?

      Report Post » rockstone  
    • missionarydad
      Posted on August 29, 2011 at 10:41pm

      @J_BLAZE14,

      Reagan was a conservative Democrat and back when he was a Democrat it was a conservative party. Rick Perry was a democrat when it had changed to far left. There is no excuse for him, he cannot be a true conservative as he was already an adult and in the Democrat party during the Reagan revolution. Al Gore was already a far left “ozone man” when Rick Perry supported him. The only reason Rick Perry switched parties is he seen more political opportunity becoming a Republican. It was totally about Rick Perry. His mandating the HPV vaccine is more than a mistake, it was worse than poor judgement. It was corruption in the worst form and a political payback to Merck. This guy is a corrupt as corrupt can be and if he is nominated say hello to Obama for another 4 years and you can take that to the bank.

      Report Post »  
    • ProbIemSoIver
      Posted on August 29, 2011 at 10:47pm

      I have this nagging feeling the global elite told Bachmann she could say she will end the EPA and told Perry he could claim to be opposed to Social Security to win our confidence, because they are so close to carrying out their agenda and need just a little more time.
      A little more time, and the plan they have will render all of our systems “obsolete”.
      I know he was at a Bilderberg meeting, which is a violation of the Logan act.
      Bachmann said she would end the EPA. That does not mean she will. We have all heard broken Promises in the past.
      Just because Perry denounces S.S. does not mean he would do anything about it.
      RON PAUL WOULD !!!!

      Report Post » ProbIemSoIver  
    • missionarydad
      Posted on August 29, 2011 at 10:50pm

      Anyone who says they are part of the tea party and can brush aside all the corruption and baggage that is coming out on this guy and keep making excuses for him and keep giving him the benefit of the doubt needs to realize what a joke the tea party is becoming if they can get behind this guy I want absolute nothing to do with the tea party as they have been totally co-opted. Please tea party wake to hell up and get your heads unstuck from stupid.

      Report Post »  
    • VERYCONCERNEDCHRISTIANPATRIOT
      Posted on August 29, 2011 at 11:11pm

      Mr.Bilderberg RINO Rick Scary Perry. This man is a total fraud. Look in his eyes he is as big of a wolf in sheep’s clothing as Obama. As far as Ron Paul not even close to electable. Sarah Palin is a self serving opportunist who has sadly turned into a media whore who needs to save her golly geez for endorsing good conservative candidates. Bachmann not electable. Gingrich not electable. Rick Santorum I do like him but he couldn’t win an election in his own state. Herman Cain is electable but does not have the name recognition or resources to compete. That leaves Mitt Romney who is very electable and the only one the polls are showing can defeat Obama. The sooner we get behind him the better chance we have of defeating Obama.

      Report Post »  
    • chicago76
      Posted on August 29, 2011 at 11:24pm

      Anyone who thinks it doesn’t take brains to be an Air Force pilot has a lot of loose screws.

      Report Post »  
    • Latina 4 Beck
      Posted on August 29, 2011 at 11:40pm

      not all the tea pary supports perry id say very few if any… give me numbers n vote record. how may private jobs did he create? not gov jobs

      Report Post »  
    • fastfacts
      Posted on August 30, 2011 at 12:36am

      Romney also stood up against Social Security and Obama. “Who told you we were cutting Social Security, they are lying. Obama is the only one to cut Social Security. For a girl that is 7 years old it will be much different: http://www.americanparchment.com/video/2011/aug/romney_social_security.html

      So good job for Romney and Perry, stick up for the truth.

      Report Post »  
    • RepubliCorp
      Posted on August 30, 2011 at 12:39am

      Paul’s voting record which contradicts his rhetoric is his support for pork to support his own district as described by The Wall Street Journal:
      After reporters started asking questions, the Congressman disclosed his requests this year for about $400 million worth of federal funding for no fewer than 65 earmarks. They include such urgent national wartime priorities as an $8 million request for the marketing of wild American shrimp and $2.3 million to fund shrimp-fishing research.

      Report Post » RepubliCorp  
    • colonial10
      Posted on August 30, 2011 at 1:45am

      Paul can’t beat Obama but Perry has a greater chance. Have you heard any negative comments out of Paul’s mouth about Perry? It should be a good thing that Perry is in line with many things Paul says. If Perry wins Paul will have all the support he needs to continue his awesome agenda. It would be great if Paul would win but look at the polls. We finally have a movement of the people, the people who have values and principles are now being heard.

      Report Post » colonial10  
    • colonial10
      Posted on August 30, 2011 at 1:49am

      I guess these people haven’t read their social security statements. On the first page on mine it says, you may want to take care of your own retirement because the social security program is running out of money and may not be available, soon. How could you not see the truth it’s right on their statements?

      Report Post » colonial10  
    • dr_funk
      Posted on August 30, 2011 at 2:16am

      Perry is only a Republican because Karl Rove persuaded him to switch parties.

      Perry is a big government, progressive, soft-on-immigration RINO. Don’t fall for the sweet talk, folks. He’s not genuine.

      And Ron Paul is still a nut.

      I’m still planning on voting for Herman.

      Report Post »  
    • Favored93
      Posted on August 30, 2011 at 2:21am

      @heyjim55
      So you are over 50 and are counting on SS to take care of you!
      Sorry about your luck…err lack of panning!
      Perry is a tool and will not get my vote but you and those like you are what is wrong with this country!
      You think you are entitled to MY MONEY! If you can’t make it on what you have saved then YOUR kids should be the ones to take care of you not MINE!
      If your kids can’t go to your local church and ask them to help.
      WE CAN’T AFFORD TO TAKE CARE OF YOU THIS COUNTRY IS BROKE!

      Report Post » Favored93  
    • PoliticiansRCrooks
      Posted on August 30, 2011 at 4:00am

      yup, Perry bites off Paul

      Report Post » PoliticiansRCrooks  
    • TheWholeTruth
      Posted on August 30, 2011 at 6:29am

      TSUNAMI-22
      Posted on August 29, 2011 at 9:50pm
      @ Bonnieblue2A

      Paul is the real deal. Vote record and integrity.
      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
      If Ron Paul would change his stance on Iranian foreign policy I’d probably vote for him. I think many people feel the same way.

      ————————————————————————————————————————————————–

      Want to read something that Ron Paul says about that all the time? It proves him right so maybe you don’t want to. Your call. http://palwatch.org/STORAGE/special%20reports/SchoolBooks_English_Final_for_web.pdf
      It starts on page 23. It shows what they are going to be teaching 12th graders about US (U.S.) It’s how they (the 12′th graders) will view us and might give a HINT as to WHY they are feeling what they are and doing what they do.

      Report Post »  
    • TheWholeTruth
      Posted on August 30, 2011 at 6:45am

      The causes of the current clash between the West and Islam are said to be:
      1 European colonialism
      2 Human rights abuses by the US and the West
      3 International humanitarian law violations by the US and West
      4 The “tensions # following the events of September 11# “; the European prohibitions of Islamic
      Hijab headdresses in schools, the Danish cartoons of Muhammad.
      5 The West is “not serious about having a dialogue” with the Muslim Arab world.

      http://palwatch.org/STORAGE/special%20reports/SchoolBooks_English_Final_for_web.pdf pg 25

      Does that sound FAMILIAR? Young adults are being taught this. THIS is the reason they are and will be fighting us. So how do you stop it? I do believe that Ron Paul has stated as much in reference to what our CIA has told him etc. People laughed when he said this was the reason. they LAUGHED but yet.. here it is. being taught to Islamic children who will grow up thinking this way and fighting it. It is the reason they fight. READ it starting page 23 and discover for yourself or.. go back to sleep.

      Ron Paul is not uneducated. He is a brilliant man. A little shy in crowds but his mind is as sharp as they come and he’s in better health than most of us are even the young ones! Glenn has stated to look closely at the people the press are hammering. Well, they can‘t hammer Paul so they ignore him and when that didn’t work they simply ‘dismiss’ him. They don’t want to give him any credence because they are

      Report Post »  
    • loriann12
      Posted on August 30, 2011 at 7:01am

      I don’t like Perry that much, but I have to defend one point. He’s a “Regan Democrat,” Which means ne’s more conservative than the Dems we have now, but not as conservative as a republican. The problem is that the whole system has skewed to the left. My parents (life long democrats until this administration when they claim to be independents) have it right. they said that the republicans now are more like the democrats of their day and the democrats are FAR left. We need to reset the system back to conservatives

      Report Post »  
    • tommee
      Posted on August 30, 2011 at 11:15am

      A ponzi scheme?

      Social Security has helped many millions of disabled and elderly Americans survive with dignity since the 1930′s. It currently has 2.6 trillion dollars in the bank – enough to fully cover recipients for a couple of decades, after which, minor adjustments to the cap could offer full coverage forever. This is a ponzi scheme for Perry and his followers? I think he should look up the word in his dictionary.

      Report Post »  
    • jorge_washington
      Posted on August 30, 2011 at 3:45pm

      “Way to go Rick Perry. Finally someone with big brass bro’s to start telling the truth.
      Perry/ Paul 2012!!!!!”

      I never knew there were so many millionaires that post here.

      Yea, Perry/Paul or better yet, Perry/Bachmann . They’ll run on a platform of ending Social Security, FEMA, Medicare/Medicaid, public education, unemployment benefits and the like. Then all the money saved will be given to the rich as tax cuts. That’s what I call, Transforming America. You know, that thing republicans have been accusing Obama of doing ever since he took office. Canada will be the new America.

      Republicans want to take America back to the end of the 19th to beginning of the 20th century. That’s the sweet time period for republicans, were blacks, women and minorities knew their place and the children of immigrants worked in factories and industrialists were gods.

      Obama won’t even have to attend any of the debates. He’ll just let them talk and hang themselves over and over.

      How’s taken back your country working out for you?

      Questioning with boldness.

      Report Post »  
    • gmoneytx
      Posted on August 30, 2011 at 4:13pm

      @BONNIEBLUE2A He didn’t just start speaking this…He’s been speaking it for years now.

      Report Post » gmoneytx  
    • TSUNAMI-22
      Posted on August 31, 2011 at 2:01am

      @ THEWHOLETRUTH

      I read the link you provided from p23 and soon thereafter I found this quote:

      “Important omissions add to the image of America as enemy. According to the World Bank, by 2004 the US had given more than $1.3 billion to the PA and its NGOs (by now more than $1.5 billion), making the US the single largest supporter of Palestinians in the world. There is hardly a Palestinian infrastructure that has not benefited from US aid, including schools, hospitals, universities, water systems, road development, sports and more. Yet this US economic aid for the Palestinians was completely left out of the schoolbooks. By contrast, American financial aid to Israel is taught and is presented as an important indicator of alliance. The schoolbooks cite American economic aid to Israel as one example indicating that Israel is America’s “strategically.” [Contemporary Problems, grade 12, pp. 21-22] But as stated, there is not one reference to the monumental aid or the infrastructures that were built by the US.”

      So basically they hate us despite the aid we give them so why would they leave us alone for any other reason? If Ron Paul wants to cut off foreign aid I say fine, but to ignore Iran getting a nuke, no way. I don’t make the mistake of judging my enemy by my own standards of life and justice. If we let them, they’ll eradicate western civilization in favor of Sharia law.

      Report Post »  
  • simply one voice
    Posted on August 29, 2011 at 9:04pm

    I agree with just about everything Rick Perry says and has done for the state of Texas. Does a better job than George W. ever did. And, even though I’m a Sarah Palin absolute supporter, I do not say the following with any malice.

    Rick Perry’s photo scares me. His face says a thousand words. It looks like he’s been many places, done many things and, has probably lots of closets full of t-shirts to prove it. I don’t know. I sense instability somewhere and, it really irks me. I have zero interesting Romney, who I think is as self-absorbed and vain as any of the rich boys on the East Coast Political Game Ride for Legends in Their Own Minds. But, Rick? You scare me like Geo. W. and Cheney; sorry.

    Report Post » simply one voice  
    • poverty.sucks
      Posted on August 29, 2011 at 9:11pm

      Prop up his photo next to the Newsweek Bachmann photo, weird. (weid if your from Boston)

      Report Post » poverty.sucks  
    • loriann12
      Posted on August 29, 2011 at 9:35pm

      I haven’t heard too many Texans that like him. And I listen to a conservative local show that asked just that question. He asked if we Texans should tell everyone what we really think of Rick Perry. I’ve only been here for about 6 years, so Rick is all I’ve known as governor. I lost interest in him when he became a cheerleader for the Trans Texas Highway. I think he’s just as progressive of a Republican as George W. was. I like one other poster who said the difference between a Republican progressive and a Democrat Progressive is that Democrats want a one world order, and Republicans are more into national progressivism. The only way I would vote for Rick Perry is if he’s running against Obama.

      I still like Herman Cain, but Michelle Bachmann is a close second. If Sarah Palin announces that she’s running, I’ll have a tough choice.

      Report Post »  
    • Malcom0983
      Posted on August 29, 2011 at 9:40pm

      Research him. He and Al Gore were thick as thieves. He is the second coming of Obama.

      Report Post »  
    • ramburner
      Posted on August 29, 2011 at 10:07pm

      Rick Perry is a shill for the Republican good-ole-bays. He is a Progressive and a wolf in sheep’s clothing. While Rick Perry has done some things correct for Texas, he is a big spender and he knows how to fool people with what he says. He may be better than Obama, who is driving our country into a socialist state. Bottom line: No matter who the Republicans put up against Obama, we ALL need to stand behind that candidate. We cannot have a split vote on a Republican candidate and an independent and expect to win the election against Obama. While our Social Security system needs massive overhaul, we MUST be willing to do with it as other countries have done. That is; we need to take the money that comes in and separate it from the government spending programs. re-invest that money in stocks or bonds or even Gold. The point is; that money MUST grow so that when its needed, not only the principal is there but also the growth money. Talk of privatization and other pie in the sky solutions are nice talk, but individuals do NOT have the capability to make the money grow like the weight of the government can. More money invested in many diverse ways makes for overall winners when it comes time to return the money to its rightful owners, the individuals. Bottom-line: We MUST get back to the Constitution. Term limits are the only way to assure we have a turn-over of people in government so that we are not stuck with Progressive candidates.

      Report Post »  
    • j_blaze14
      Posted on August 29, 2011 at 10:10pm

      wasn’t ronald reagan a democrat too, he turned out to be ok. liberals that convert to conservatives tend to be a bit more conservative, they prefer the extremes usually. think of someone you know that was a cool-aid drinker, voted for obama, saw the light and is now a tea party organizer. it happens.

      Report Post »  
    • CanadiensFan
      Posted on August 29, 2011 at 10:10pm

      I live in Texas. I will be supporting Rick Perry for President. Our economy is strong compared to the rest of the country. Our housing prices have stayed strong and even increasing in certain cities. Very little if any “upside down mortgages” like you read about in California and Florida.
      Perry passed a voter ID bill that will mandate either a Driver’s License or a Photo ID to vote (the liberals screamed about this one because it removes voter fraud from TX).

      Yes, Perry was a democrat. So was Ronald Reagan. Reagan became one of the best and most Conservative presidents in recent history. Perry will do the same.

      Report Post »  
    • GigEmAndGodBless
      Posted on August 29, 2011 at 10:55pm

      Loriann12–I haven’t heard too many Texans that like him.

      I heard the majority of Texans proclaim their support of him in 1998 when he was elected Lt. Governor, and in 2002, 2006 and again in 2010 when they elected him as our governor.

      He is not perfect, but he has been a good thing for Texas, and would be good for the whole country if the people see fit to let him lead.

      Report Post »  
    • loriann12
      Posted on August 30, 2011 at 7:08am

      @CanadiensFan

      What part of Texas are you in? Near Dallas, the housing market s u c k s. We had the bad fortune to buy a house right before the crash, nearly 3 years ago. Our other house, we bought at $162,000 (admittedly, that’s cheaper than other states, as it was a 5 bedroom, 3.5 bath with nearly 3000 sq ft) almost 6 years ago and it’s now worth about $148,000. We know because it’s been on the market for over 2 years. I’m paying 2 mortgages. I bought my current house for $98,000 and it’s 1554 sq ft. I’m now upside down on both houses.

      Report Post »  
    • loriann12
      Posted on August 30, 2011 at 7:11am

      @GigEmAndGodBless

      I didn’t vote for him. I voted for Medina. Even after Glen trapped her with that trick question. But that was before all the liberal stuff came out. That was based strictly on his stand on the Trans-Texas corridor. On The Wells Report, he did a survey and I don’t think a single caller supported him (Perry). Now, some did say if he gets nominated, we should be behind him. He is more conservative than most Democrats.

      Report Post »  
  • Johnnyp1958
    Posted on August 29, 2011 at 9:04pm

    This is the only thing I may ever agree with Perry

    Report Post »  
    • heyjim55
      Posted on August 29, 2011 at 10:11pm

      Why ??? you think it’s okay to take that money away from someone who has worked their whole life and just before they can collect it take it away!! ha ha! joke’s on you stupid old man . If the young don’t want this system fine demand an end to it , but don’t deny it from somone who has worked their whole life and is only a year or so from elgibility and just to tell them to bad work until you sucker!

      Report Post »  
    • bolsen00
      Posted on August 29, 2011 at 10:16pm

      Glenn Beck REALLY needs to stop cheerleading for Perry and talking about him as a straight shooter! Women know when men are being flirty and they can see when a person is lacking character! Perry has BIG problems and needs to learn to speak proper English. Perry sounds like a dumb hick who had trouble with his “schoolin’” and livin’ a way down south on the “cottin’ firm“ where he got a ”lernin’” ’bout bizniz in the privit’ sectir! Oh yes sir! Them folks “gramma girls” they sure ’nuff taught him stuff that’s “good on ya”!

      Report Post »  
    • Atomicstorm
      Posted on August 29, 2011 at 11:45pm

      @HeyJim,

      Do a bit of research on what happens with the SEC closes a ponzi scheme. When a ponzi scheme is folded, money (what is left, if any) is given to the first comers but prorated. Unfortunately, there is no money left in social security. It is just used a hidden tax for whatever they need it for. You may not like it that you are having your “money taken away”, but your anger and resentment is misplaced. Perry, in this case, was telling the truth about SS being a ponzi scheme. Your anger should be placed on those politicians who, not only created the system, but let it go on AND increased the tax.

      Report Post »  
    • loriann12
      Posted on August 30, 2011 at 7:13am

      SS will not change for anyone 55 and older. It’s those like me who will pay into it all our working lives and not get it. If you’re a year away from collecting, you’re safe.

      Report Post »  
  • poverty.sucks
    Posted on August 29, 2011 at 9:04pm

    1/3 of the video pertains to the subject without noting the Perry solution to Social Security. Obama was artful in identifiying problems. I havn‘t read Perry’s book, so what’s his solution?

    Report Post » poverty.sucks  
  • The Toad
    Posted on August 29, 2011 at 9:03pm

    Rick Perry AGREES with Obama: Open Borders for America! http://www.youtube.com/watch?v=UwD84nKA5y0

    Report Post »  
    • poverty.sucks
      Posted on August 29, 2011 at 9:08pm

      It’s called a toll booth. Legal immigration. Go around the booth and run to the nearest Catholic Church.

      Report Post » poverty.sucks  
  • timmishvon
    Posted on August 29, 2011 at 8:59pm

    I just graduated from college and I want to declare my independence from the social security system. I know I will not receive any benefits from it when I retire even if I start paying into it now. It infuriates me that I am required to pay into it for no reason. I watched an interview of Rick Perry and he alluded to the option of allowing the states to opt out of social security. If he intends on fulfilling that promise, I am voting for him. My generation needs to wake up to the reality that our future is being taken from us by force and coercion and it is absolutely unacceptable and unAmerican.

    Report Post »  
    • kentuckypatriot
      Posted on August 29, 2011 at 9:30pm

      Hopefully, your generation isn’t too late in waking up! I also hope your friends feel the same way, get their heads out of the sand, do what you have to do to get them to listen to you. Good luck!

      Report Post » kentuckypatriot  
    • Ookspay
      Posted on August 29, 2011 at 9:42pm

      Welcome to the madness young man, glad to have you on board. It sounds like you have a braian and have questioned boldly all of the crap that most young people just swallow. It is normal and good for the young to be idealistic, it keeps the world fresh and ever- improving. Eventually reality set’s in and most people see that we are in big trouble. We lose more freedoms everyday, the Governement gets bigger and stronger, we are all becoming basically slaves. Slaves to the government and global corporations with all the neccessities of life being provided to keep the slaves healthy and productive. But we are not free, we are slaves! Challenge it all my young friend, protect what is left of our freedoms.

      Report Post » Ookspay  
    • abbygirl1994
      Posted on August 29, 2011 at 9:51pm

      I just hope for your sakes.. that he isn’t another Obama, cause he loves open borders… you know letting in all those illegals from south of the border in.. the good ones and the bad ones, you know the drug runners and drug kings..and the guns and the raping.. you bet ya I want Perry like I want hemmroids!

      Report Post » abbygirl1994  
    • GigEmAndGodBless
      Posted on August 29, 2011 at 10:46pm

      I am in my mid-30′s and I am willing to opt out as well. Keep the money that I’ve paid in over nearly 2 decades of working, but don‘t take another penny and don’t worry about giving me any 30 years down the road. We are the generation that must be willing to sacrifice in order to save our children from this unsustainable and unconstitutional program. Let people be responsible for themselves and their own retirement. People used to turn to family and church, and then government stepped in forcing me to provide for others when charity should be a choice.
      As a mom to two young girls I know that the system as it exists today will not be there for them, and I would hate to see them waste many years paying into a scheme that I knew about just because others claim they are entitled to getting their money back from a system that we all knew was broke.

      Report Post »  
  • Lonescrapper
    Posted on August 29, 2011 at 8:55pm

    Gen X has known it was a ponzi scheme and that we wouldn’t be getting what we pay into it for at least 3 decades. I know we talked about it before we even graduated in the 80′s… It’s not a lie. It’s the most transparent government scam on workers ever produced.

    Report Post » Lonescrapper  
    • Sicboy
      Posted on August 29, 2011 at 9:03pm

      rick perry is a ponzi scheme for politicians. DON’T VOTE perry. Or paul. MUST READ…http://www.star-telegram.com/2011/08/28/3319523/perry-became-a-millionaire-while.html

      Report Post » Sicboy  
    • Master_and_Commander
      Posted on August 29, 2011 at 9:42pm

      SICBOY, that article is nothing but a lame attempt to smear Perry. It portrays him as some evil big government politician using the system for personal gain, while the article doesn’t provide any actual evidence of fraud or corruption. Everything Perry did in the past as governor to earn money has been open to the public and within the law.

      There aren’t any deep dark secrets about Perry like Libs would like you to believe. All they can do is dig up dirt (if you can call it dirt) on stuff he did in the private sector. That little thing about his wife becoming a nurse to earn extra money, come one really? That’s corruption? Or that bit about him boarding with other lawmakers in Austin so he could save money, how is that evil? If I were him I might do the same. Or him having positions on various different boards and getting paid for it, how is that wrong? He was invited to those groups and took part in them, so he got payed for his part. TELL ME WHATS WRONG WITH THAT??

      This is just another example of liberals attacking the rich and capitalism. Everyone, even politicians, have the right to earn money and keep their wealth if they do it legally and openly. There’s nothing dirty or dishonest about that, he’s just being a part of the American capitalistic system. And quite frankly, after what he’s done for Texas, I’ say he deserves that money.

      Report Post »  
    • Sicboy
      Posted on August 29, 2011 at 9:55pm

      M&C you can put your head in the sand all you want buddy. Look at perry’s past. Land grab from Texans. Gardasil injections for young girls and so on. Say what you want on the article . He did become a millionaire while in office! No defending that. He is a no good opportunist politician. But, I‘m sure you’ll say better the obama. Really, is that all you got?

      Report Post » Sicboy  
    • Sicboy
      Posted on August 29, 2011 at 9:58pm

      M&C, now that I had the stomach to finish reading your post. Notice you didn’t bring up his land deals. Just like harry reid, perry made his millions on phoney land deals. Your pathetic, you try to stick up for this fool. Look for a real Conservative. perry is no Conservative.

      Report Post » Sicboy  
    • SanRemo1959
      Posted on August 29, 2011 at 10:24pm

      Hey Sickboy, since when is it a crime to make money? You sound like one of those class warriors from the left. Always whining when someone makes a little money. Time for all us real conservatives to shut up and get in lock step behind Perry.

      Report Post »  
    • Sicboy
      Posted on August 29, 2011 at 10:54pm

      SanRemo1959, your either brain dead or a complete moron. Look at my posts. I want people to make money and enjoy life. When politicians make million’s while in office, i think nancy pelosi, harry reid and so on. If that’s all you got, playing the have’s VS have nots. Some left over second rate race card. Go away. Your playing with the big boys not the JV team. Put your head in the sand or in your butt, i don’t care. Take it somewhere else with your rich vs poor crap. I’m a CAPITALIST.

      Report Post » Sicboy  
  • kdog
    Posted on August 29, 2011 at 8:49pm

    no kidding,now put it back in my check and let me do with it as i want……

    Report Post »  
  • WhoIsTheCoon
    Posted on August 29, 2011 at 8:46pm

    WOW…Another candidate jumping on Ron Pauls’ back. Great.

    Report Post »  
    • Vunks
      Posted on August 29, 2011 at 8:51pm

      My thoughts exactly, does this man have any original idea or is his goal to emulate Ron Paul as much as possible on the debate trail then do the exact oposit once he gets into the white house.

      Report Post »  
    • southernORcobra
      Posted on August 29, 2011 at 8:53pm

      yeah maybe we will get one thats not insane as Paul is at this rate

      Report Post »  
    • beans bullets and bandaids
      Posted on August 29, 2011 at 9:14pm

      Okay, if this is Paul‘s position and it’s good, why wouldn’t a thinking candidate agree and adopt it? I like a lot of what Paul says, but not all of it. I couldn’t vote for him. If Perry (or Bachman or whoever) adopts his good positions, how is that bad?

      Report Post »  
    • CanadiensFan
      Posted on August 29, 2011 at 10:15pm

      Perry wrote his book before he even thought about running for President. Why else do you think Obama did not allow the Space Shuttle to stay in Texas? He hates Perry because of his Conservatism. Yes, California and New York got a shuttle. And NASA is based where? Houston TX. Also, do a little research on the wildfires that burned a good portion of Texas. Obama refused to declare TX a disaster area. Again, because Obama HATES Perry.

      Perry and Paul are from TX. Both have similar ideas. The big difference is that Perry would not turn a blind eye to Iran and give them the green light to go nuclear.

      Report Post »  
    • RepubliCorp
      Posted on August 30, 2011 at 1:08am

      Ron Paul’s vote of YES on investigating Bush impeachment for lying about Iraq in 2008. First, Bush and his administration were very careful about their statements on affiliations between Iraq and Al Qaeda. Second, evidence supports these claims even if they were made as well as Iraq’s support of numerous other terrorist organizations. Denying this fact does not make it any less true. Third, information from intelligence agencies all over the world agreed with the threat that existed. Decisions were made based upon this intelligence, they were not lies. And lastly, this evidence was not something that was cooked up by “Neocons to start a war” as Ron Paul would say. The issue of Iraq has existed and been discussed for over 2 decades so the only reasonable explanation for such a vote would be if you believed in some type of 2 decade long conspiracy. So does Ron Paul really believe that or did he just make another dangerous politically motivated vote. I will let you decide on that one.

      Report Post » RepubliCorp  
    • loriann12
      Posted on August 30, 2011 at 7:19am

      I agree that Perry would be with the military. I agree that Perry would do a lot of good things as President, but he’s for open borders. We haven’t fixed our borders yet here in Texas, unless he’s just not as brave as the Arizona governor. He’s waiting for the federal government to fix it. And yes, Obama acts scared of his conservatism, but that’s because Obama is about as far left as you can get and not come full circle.

      Report Post »  
  • TRILO
    Posted on August 29, 2011 at 8:33pm

    Social Security has been a ponzi scheme for everyone; not just the young. Bernie Madoff is in jail for playing the same game in the private sector. For Perry to say this to the young people is just an attempt to get them on board with his campaign. He would never say this to the millions of baby boomers that are just now getting their Social Security benefits. In the 1950′s there were 9 workers paying for the benefits of the beneficiaries now their are less than 3. Hate to tell you Rick the people in their late 40‘s and early 50’s are the ones who are going to get screwed the most. People like me who have been working since they were 15 and paying will get nothing. If people paying into Social Security have paid their way then how can we be at deficit spending in 2015? Not only has the government been raiding the SSI funds people have not been paying adequate amounts into the fund for many reasons.

    So Mr Perry are you going to propose that SS taxes increase and age requirements are extended into the future so that people are not relying on SSI for 15+ years, far beyond the original intent of the entire progarm? Some how I doubt you are going to propose any real reforms to the system because there are too many advanced baby boomers who are the largest voting block. Just like a typical politician… promise something for nothing.

    Interesting site: http://www.justfacts.com/socialsecurity.asp

    Report Post » TRILO  
    • Ookspay
      Posted on August 29, 2011 at 8:53pm

      Yep just another Giant Lie dumped on the terminally incurious US citizenry. When the great progressive FDR concocted this scheme you did not collect benefits until 65 but the life expectancy was 62. The morons did not set any automatic thresholds to keep pace with living longer, thus the bankruptcy fuse was lit. Then add medicare and Bushes free drugs for seniors and we are all really screwed, the younger ones get screwed the worst.

      Meanwhile Gramma gets to cruise around in a hoveround electric scooter while gramps pops free viagra for the after bingo festivities. AARP bribes politicians and the madness goes on and on and on.

      Report Post » Ookspay  
  • Tretka
    Posted on August 29, 2011 at 8:23pm

    Sorry, but I can not stand the bias that oozes out of the pundits at MSNBC. Yeah, that’s right lady, this is another position he takes in his book-BECAUSE HE IS RIGHT. I mean, as I posted somewhere else, where have these people been? Have we all been living in different dimensions in the same country? I can not suffer the foolishness much longer.

    Report Post » Tretka  
  • AnyoneexceptObama
    Posted on August 29, 2011 at 8:21pm

    Social Security was supposed to be kept in a ‘trust account’, or lock-box as they call it. Had Lyndon Johnson not folded it into the general fund in the 1960′s, that trust account would today have over 2.5 trillion dollars in it. Look at Q&A # 24 and 25 on the Social Security history FAQ.

    http://ssa.gov/history/hfaq.html

    Report Post » AnyoneexceptObama  
    • joe1234
      Posted on August 29, 2011 at 8:25pm

      those 2.5 trillion ‘dollars’ would be in treasury notes…which we don’t have the money to pay back.

      Report Post » joe1234  
    • Boojer56
      Posted on August 29, 2011 at 8:44pm

      the democrats had it rolled in to the general operating fund during LBJs Presidency and then they looted it

      Report Post »  
  • roadhog
    Posted on August 29, 2011 at 8:20pm

    The Money is taken from us and spent on Big Government .The Lock Box is B.S. The money was stolen and spent. Big Asses like Tip O’Neill tax and spend Liberals . Bush tryed to save SSI with investment accounts But the Demicrats wanted to Spend it to Buy Votes and Welfare Programs.

    Report Post »  
    • Azza
      Posted on August 31, 2011 at 11:57am

      Your right……It started out as a widow’s SS……and metamorphose into its current state……Ponzie scheme it is…..because our Racist Democratic Party Plantation has been dipping into it for all of their give a ways for votes……Alfalfa the tyrant …….said their may not be any money in the box for your SS this month…….because he and his friends spent it……they fund immigrants who have never worked a day in their life here……..I know a Rumanian family on our SS…….even several Arabs……..So while the CBC is at this moment creating vigilante party to go after white electorate , I will go and check my local zoo and see if their are enough empty cages to put the Racist Democratic Party Plantation Overseers into……..because baboons need protection……

      Report Post »  
  • slvrserfr
    Posted on August 29, 2011 at 8:19pm

    He is absolutely right, its about time a Presidential candidate admitted it.

    Report Post »  
  • I Stand With Israel
    Posted on August 29, 2011 at 8:16pm

    I don’t have the exact figures close by, but I was reading a report the othhter day that compared the difference in what the money we have put in our lifetime would be if it had been invested privately. It was several times the amount the government is planning on giving each person.

    Report Post » I Stand With Israel  
  • ALL4FREEDOM
    Posted on August 29, 2011 at 8:12pm

    Perry is absolutely right. A Ponzi scheme is an investment swindle in which early investors are paid off with money put up by later ones. The whole thing collapses when the “later ones” want theirs, and nothing is left to pay them with. That’s where we are now. The only thing left in the “trust fund” are IOU’s from the Treasury. Congress (both parties) took the cash and spent it. Guess who gets to pay the IOU”s? We do. We get to replace our own money. With interest. In 2010, we reached the point where the system is paying out more in benefits than it takes in in taxes. No question, it’s a Ponzi scheme. Now what do we do about it?

    Report Post »  
    • TXPilot
      Posted on August 29, 2011 at 8:17pm

      I wonder who is going to provide the money to send out all thouse social security checks, once Obama has relieved the vast majority of taxpayers of their jobs?

      Report Post » TXPilot  
    • BowHuntingTexas
      Posted on August 29, 2011 at 10:33pm

      The older retirees will be getting their payment from the younger workers all right …

      When the government confiscates 401ks.

      Simple, really.

      Report Post » BowHuntingTexas  
  • Ron_WA
    Posted on August 29, 2011 at 8:11pm

    It has been a Ponzi scheme from the beginning w/ constant unfulfilled promises to make it solvent but never a working plan or commitment to do so.

    My wife & I long ago decided to ensure I had enough to retire even if social security wasn’t there & have taught my kids that they should do the same.

    Anyone who plans their retirement around SS is setting themselves up for poverty & failure.

    Getting SS should only make the difference in whether you get a vacation each year & a new car every 3-5 years.

    Report Post » Ron_WA  
  • thecrow
    Posted on August 29, 2011 at 8:03pm

    http://michaelfury.wordpress.com/2010/08/09/by-the-balls/

    Report Post »  
    • ashestoashes
      Posted on August 29, 2011 at 9:53pm

      @The Crow Thank you for the link. I sent it to everyone I thought could handle the language…but it is true. The really sad part is…Perry will do away with Social Security and then it will just be collected in another tax that they won’t be obligated to return as a retirement fund.

      Report Post »  
    • CanadiensFan
      Posted on August 29, 2011 at 10:20pm

      No one is ever going to do away with Social Security. That is the lie that liberals want to spread around.

      Paul Ryan has a plan that will allow people older than 55 to collect SS as always. The people younger than 55 will be allowed to invest their money in the same plan that the Congress gets to invest in (and actually pays a return on your money as opposed to the ponzi scheme we have now called SS).

      So please stop with the demagogueing of SS.

      Report Post »  
    • ashestoashes
      Posted on August 30, 2011 at 12:58am

      @CanadiansFan, So which plan pays more? Or do you know?

      Report Post »  
  • poverty.sucks
    Posted on August 29, 2011 at 7:52pm

    40-50million abortions contribute to the failing scheme.

    Labor produces wealth. God said to multiply and populate the earth.

    Report Post » poverty.sucks  
    • poverty.sucks
      Posted on August 29, 2011 at 8:03pm

      Can take years to cultivate customers. Takes only seconds to lose 1.

      Report Post » poverty.sucks  
    • ALL4FREEDOM
      Posted on August 29, 2011 at 9:32pm

      In this case, “Labor” produces another tax deduction. But I catch your drift, and you are right. That is why government spending does not produce prosperity. It is on the wrong side of the ledger: government spending is an EXPENCE, not an asset. You cannot spend your way out of debt.

      Report Post »  
    • AMERICA4EVER
      Posted on August 29, 2011 at 9:35pm

      Right, as long as they grow up and are taught to be responsible and work.

      Report Post »  
  • not funny
    Posted on August 29, 2011 at 7:51pm

    There are people on Social Security who did not even work enough quarters to qualify for it–wives who get half of their husband’s SS, for example. Don’t say it is not true, because I know several of them. In how many years does one collect back every penney they paid into the fund? How many years does the average person live beyond that period?

    Report Post »  
    • shorthanded12
      Posted on August 29, 2011 at 8:04pm

      Im curious to know WHY the family/spouse of a deceased Parent cant collect any remaining amount that the said deceased paid into SS. My father collected but 2 yrs of SS and I seen all his IRS tax statements and the dollar amount he paid into SS over his lifetime. Uncle SAM keeps the money and still wants to apply a death tax. Mr Perry HIT IT RIGHT “ONE BIG ASS PONZI SCHEME ”SS”

      Report Post »  
    • neverending
      Posted on August 30, 2011 at 12:40am

      Not to mention the illegals that can get it.

      Report Post »  
  • Make the Stupid People Shut Up
    Posted on August 29, 2011 at 7:50pm

    and the Politicians are doing…what?
    The answer is Term Limits

    Report Post » Make the Stupid People Shut Up  
  • KickinBack
    Posted on August 29, 2011 at 7:49pm

    I put money away regardless. I don’t trust the social security program.

    Report Post » KickinBack  
    • Caerus
      Posted on August 29, 2011 at 8:51pm

      Thank goodness for you and people like you.

      I cannot STAND it when people don’t bother to save realistically for retirement, because SS will be there. I think my in-laws are expecting to retire on a combination of social security checks and what we (and their other son) are willing to give them. I don’t mind helping elderly relatives, but that +SS should NOT be your plan to retire! As 25 year old college students making close to minimum wage, we probably have more retirement savings than they do.

      Report Post »  
  • trolltrainer
    Posted on August 29, 2011 at 7:47pm

    Does anyone else get the feeling we are being led down the garden path whether we like it or not?

    Of course we will all fight on these candidates and we will vote for our favorites in the primary…But why do I get the feeling that this is going to happen and it is out of my hands?

    Report Post »  
  • hempstead1944
    Posted on August 29, 2011 at 7:43pm

    They can’t handle the truth !

    Report Post »  
    • Kurty C Wipe
      Posted on August 29, 2011 at 7:49pm

      Hell, its a ponzi scheme for us in our fiftys. Print more money, that will fix it.

      Report Post » Kurty C Wipe  
  • joey g
    Posted on August 29, 2011 at 7:43pm

    no sh_t !

    Report Post » joey g  
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