Here is a video report on Gov. Mitt Romney’s appearance in Florida yesterday at “The Villages,” where he spoke to a crowd of around 400 people. Romney went after both Rick Perry and Barack Obama on Social Security.
When asked about the possibility of Florida Sen. Marco Rubio being his Vice-Presidential running mate, Romney said:
“It would be a little presumptuous of me to try and decide who a VP nominee might be, but he would certainly be someone that anybody would be proud to be associated with.”
Here is video of a new Mitt Romney ad that continues to hammer Texas Gov. Rick Perry in Florida on the issue of Social Security. The ad takes Perry’s idea of placing management of Social Security under the states, and uses Florida as an example – imagining dire consequences.
Here is video from last night’s debate of Texas Gov. Rick Perry nailing Gov. Mitt Romney for having scrubbed a quote in his book where Perry says Romney advocated RomneyCare for the entire nation. When Romney’s book went from hardback to paperback, Perry says that quote disappeared from Romney’s book. Romney had started the back and forth by attacking Perry on Social Security.
Wow. Zerohege.com has dug up liberal New York Times columnist Paul Krugman writing back in 1997 that Social Security is indeed, a “Ponzi game”:
Zerohedge.com: Social Security is structured from the point of view of the recipients as if it were an ordinary retirement plan: what you get out depends on what you put in. So it does not look like a redistributionist scheme. In practice it has turned out to be strongly redistributionist, but only because of its Ponzi game aspect, in which each generation takes more out than it put in. Well, the Ponzi game will soon be over, thanks to changing demographics, so that the typical recipient henceforth will get only about as much as he or she put in (and today’s young may well get less than they put in). . . . Read More
I guess this shows how desperate Mitt Romney is about what Rick Perry has done to his poll numbers.
This is a Mitt Romney Campaign flier being distributed in Florida door-to-door to GOP households. Romney clearly believes he can kill Perry’s Campaign by claiming that Perry wants to “kill” Social Security.
Romney knows that’s not true because he was standing beside Rick Perry during the recent GOP Debate when Perry said if you are a current retiree or nearing retirement – “you have nothing to worry about.” He knows Perry wants to reform the program so that younger workers don’t get ripped off in the end.
But this is the Mitt Romney we saw in 2007-2008 as he ran for President. He did this kind of thing to Fred Thompson and other candidates. It appears he believes this is the only way to stop Perry. The next two GOP Debates will be in Florida. Expect this to come up. What Romney believes is his path to victory may just come back to haunt him. Rick Perry can now paint Romney as the defender of the status quo – the crass politician who’s afraid to tell the truth about the nation’s problems, and who will do anything for political expediency. It would be interesting if Perry just produced a copy of this flier during the debate this coming Monday night, and asked Romney if he stands by this kind of tactic.
The campaign has certainly begun in earnest.
In California yesterday, here is video of Texas Gov. Rick Perry answering questions from the media ad lib style as he prepared to leave for an event. Perry was asked by media his reaction to President Obama’s “Jobs Speech.” Perry said if Obama had been serious about giving a “Jobs Speech,” he could have simply said to the American people, “I’ve been listening to you” – and then announced he would push for repeal of ObamaCare – which Perry called a “job-killer.”
He was also asked if he stood by his characterization of Social Security for younger workers as a “Ponzi Scheme,” in light of Mitt Romney’s attacks against him. Perry responded:
“Sure, as a matter of fact, Rush Limbaugh said that Social Security was a ‘Ponzi Scheme.’ And, my God, Chris Matthews even said it was a ‘Ponzi Scheme’ yesterday. So, I stand by my statement that Social Security, for those of us approaching the age to get it – those that may be on Social Security – you don’t have anything to worry about. It will be there for you. But why are we trying to kid our kids, and say, ‘Keep paying into this thing – it’s going to work out alright for you.’ It’s not. It’s broken, it’s not going to be there for them. Let’s be adults here. Quit trying to be political games-men. Be leaders. Leaders stand up and say, ‘We’ve got a broken system. Here’s how we fix it.”
He still thinks Gov. Rick Perry is crazy for calling it that, but here is video of liberal Chris Matthews admitting that Social Security is currently being operated as a “Ponzi Scheme.” He even explains how it’s current structure essentially makes it so.
“You pay for it while you work. When you retired and have no other form of income, this will help you out. In fact, a lot were impoverished in the old days without Social Security. It’s a great anti-poverty program. But then people started to live past 65. Even the great Franklin Roosevelt didn’t make it to 65. In those days, if you made it to 65, you were lucky. You got a few bucks on Social Security.
Today, lots of people fortunately make it past 65. They live into their 80s and 90s. They’re still getting checks. The system doesn’t work that way anymore. It’s not as healthy as it once was. So, how does a Republican deal with the fact it is a Ponzi scheme in the sense that the money that’s paid out every day is coming from people who have paid in that day. It’s not being made somewhere.”
Maybe Perry should sign him up!
Here is great video of Rick Santelli on CNBC challenging liberal New York Times columnist Thomas Freidman about whether or not Social Security can be described as a “Ponzi Scheme,” “Pyramid Scheme,” etc. Friedman, of couse, would have none of it, just dismissing Santelli as asking “a stupid question.” But he really could not answer the basic question asked by Santelli:
SANTELLI: Earlier in the show you said that we’re putting the burden on our kids that’s unsustainable. What’s the definition of a Ponzi scheme?
FRIEDMAN: It’s a program that made promises that it cannot keep in full and it needs to be fixed and reformed.
SANTELLI: Isn’t that exactly what a Ponzi pyramid is?
FRIEDMAN: I don’t think it is a Ponzi scheme as a criminal endeavor.
SANTELLI: No, no – forget the criminal side. You need more people to perpetuate a myth because if the people stop the myth is known to all. That’s my definition of a Ponzi scheme. Let’s call at it chain letter, a pyramid scheme. Isn’t that by definition what Social Security is? Take the legalities and fraud out.
Ed Morrissey at Hot Air does a great job of pointing out that what Perry said last night is really little different than others have been saying for some time. He assured current seniors, or those close to retirement, that no changes would be made to their benefits. But for younger workers, the blunt language used by Perry describes the reality of their situation. It’s time to change the system for younger workers so they don’t get ripped off.
Let’s play this portion of last night’s GOP Presidential Debate to make clear what Gov. Rick Perry said – and didn’t say – about Social Security.
The Mitt Romney Campaign, and a salivating media, are this morning saying Rick Perry wants to destroy Social Security. He did not say that last night. If you listen to the video above, you hear that he clearly told current retirees and those near retirement they have nothing to worry about. What he called a “monstrous lie,” and a “Ponzi scheme” is telling the current generation of young workers that the “status quo” will mean the system will still be there for them after paying in all their lives.
Romney is going to try and use this to destroy Perry. It’s his only hope to stop Perry and win the nomination. He has positioned himself with the liberal media and both will press the attack on Perry in the weeks ahead as the guy who wants to harm old people and destroy Social Security. Perry does need to continue to emphasize what he said last night – that current retirees or those near retirement would not be affected by his desire to reform Social Security so that young workers will have something for their retirement in years ahead. But he’s right to tell the truth about the unsustainability of the current system. It’s yet to be seen whether he can do it, and win.
Karl Rove is letting his bias show against Rick Perry.
Here he is going on “Good Morning America” today where he trashed Rick Perry’s views on Social Security as “toxic.” Rove is referring to Perry’s belief, as expressed in his book, “Fed Up!,” that Social Security is an unsustainable Ponzi Scheme for young people who are paying into the system now with virtually no hope of getting their investment back some day. Perry has never proposed changing benefits for those already or near retirement, but rather wants to alter the system for younger workers so that they will have something when they get to retirement.
But Rove plays right into the liberal media’s demonization of Perry’s statements in his book. Expect to see Rove’s “toxic” statement in ads against Perry soon.
Here is video of former Democrat Rep. Alan Grayson talking to Fox Business Channel’s Eric Bolling about what constitutes the Middle Class in America. As you might expect – this did not go well.
Grayson has been one of the Left’s real bomb-throwers, and he was defeated for it when he ran for re-election in 2010. As usual, Grayson attacked Republicans, saying they want to “eliminate Medicare,” “eliminate Social Security,” and “not help people who are out of a job.”
Republicans are trying to save Medicare and Social Security, because if we continue on the Obama road there will literally be nothing left for future generations when they get to retirement age. Democrats like Grayson just want to use these issues to hammer Republicans for political gain, and have no real desire to solve the problem. As far as “helping people who are out of a job” – Republicans believe the ultimate “help” is to create jobs so people can work – something President Obama has not quite figured out!!!! What a concept!!!
Here is video of Wisconsin GOP Rep. Paul Ryan absolutely destroying Florida Democrat Rep. Debbie Wasserman Schultz in a discussion on reform of Social Security. Ryan said he has tried to address the massive debt and insolvency of Social Security and Medicare on an “adult level,” but Wasserman Schultz just kept trotting out the same old tired attacks Democrats have used for years on the issue.
Listening to this conversation, it is obvious which party the future belongs to on this issue. Democrats just keep spending us into oblivion, with no intellectual honesty on the grave crisis we face. Ryan is offering straight talk and real solutions to preserve the Social safety net for current seniors, and provide something long-term for younger citizens.
NOTE: Ryan’s eye-rolls at Wasserman Shultz’s attacks are priceless!
Here is video of a Left-wing ambush gone wrong! A Progressive seeks to confront former GOP Sen. Alan Simpson in a hallway about Social Security. Simpson is the co-chair of President Obama’s “Debt Commission.” I don’t know what the liberal activist expected, but Simpson answered every question he asked and made it clear the guy didn’t know as much as he thought he did.
“If you can’t get through this stuff, why do you spread this crap?”