CMKM Diamonds Inc. (fka CMKX)

[SoxFan]

Actually SS has a 2.5 Trillion dollar surplus and has been running a surplus every year in it's existence. Ponzi schemes don't by their very nature. Also SS can pay out 100% of their benefits until 2037 if nothing is done and then 80% of benefits thereafter. When Raygun and O'Neil fixed SS they set the end of deductions at 90% of payroll and now it's at 106K. If we set it at 90% it would be at 180K and SS would have to do nothing forever. Or SS could increase by $.40 per week to every member (of which 1/2 would be employer paid) and it would also solve it.

This year because Republicans preferred to have tax breaks for the rich Obama decided to reduce the SS contributions and this will be the first time SS will be in the red. Even their interest payments will not cover the payouts. Of course by reducing payments in he then reduces payouts down the line.