Candidates debate Social Security

Barack Obama wants to tax the wealthy, those over $200,000, to help improve Social Security. Sucks for the wealthy – but sure sounds good to the middle class (like myself) or the poor. Other Democratic candidates say they back that idea. But Hillary Clinton won’t address her plans publicly. She said she won’t address or advocate any specific fix until the budget was balanced.
Fred Thompson said he has his own ideas for Social Security, like price indexing. Other GOP candidates want to allow private investment accounts and while NPR didn’t address it, Mike Huckabee (and myself) wants to fund Social Security with the money raised from the FairTax. Abolish the income tax and pay for Medicaid and Social Security with sales tax rather than money from my pay check. When the 78 million baby boomers end up on Social Security, they’ll be paying into the system just like everyone else everytime they go buy a loaf of bread or a new car.
Here’s an interesting stat as to why Social Security is going bankrupt…
The first person to receive a Social Security benefit was Ernest Ackerman, who paid 5 cents into Social Security during one day of work. He retired the next day and was paid 17 cents for his retirement in January 1937. This was a one-time, lump-sum pay-out, which was the only form of benefits paid during the start-up period January 1937 through December 1939. The first person to receive monthly retirement benefits was Ida Mae Fuller of Brattleboro, Vermont. Her first check, dated January 31, 1940 was in the amount of US$22.54.
I think Ackerman got one heck of a deal. That’s more than 3 times the return on an investment. Sign me up -except that the system is going bankrupt any day now.

Huckabee passes contribution goal

The Mike Huckabee campaign set an online goal for the month of October: to raise $1 more than they did during the last quarter of fundraising. That goal of $1,034,487 was passed early today and the now the campaign has raised over $1,043,322.55 online.

The news keeps getting better and better…

Random news

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a. We bought a new truck last night
b. I love it, but I think Laurie may be more excited than I am – I think she may try and sneak off with it one day before work and leave me the Xterra
c. Our Community group is finishing up Colossians this week (hopefully)
d. We’re going to start on Mark Batterson’s series Chase the Lion next week
e. I’ve done some real searching today on my family history.
f. Found some confusing information and it turns out, as I suspected, two Strother sisters, married two Gaines brothers
g. Once that was confirmed, everything else started making sense again.
h. While I’m not completely sure on one or two generations, it would appear that one relative on my mom’s side signed the American Declaration of Independence, and another signed the Texas Declaration of Independence. Crazy!
i. It may be crazier to think that they were only a generation or two apart.
j. In the meantime, I posted a challenge on our Wiki page – but unless you’re still reading this, I doubt you care anything about my family’s history. But if you do, feel free to join in – or start your own Wiki for your family tree. Maybe we’ll find they connect somewhere in the not to recent past.

Huckabee steps up his hotel accomidations

According to a report from the Pittsburgh Tribune-Review, Mike Huckabee has stepped up his hotel accommodation’s during the campaigning.
He’s now staying at the “luxurious” Holiday Inn.

He thinks a stay at a Holiday Inn is “luxurious.” It’s hard to imagine Hillary Clinton, Barack Obama, Mitt Romney or Rudy Giuliani thinking the same. And while his fellow candidates travel in large entourages neatly packed into convoys of black SUVs, Huckabee says he gives local cabbies and car-rental outlets lots of business.
“I finally put my foot down about subpar accommodations earlier this year,” said the former Arkansas governor. “I understand frugal and budget but there was a place my staff had me stay near Houston that was so bad that I was the only person in the hotel that did not have tattoos, metal objects piercing my face — and wore sleeves.”

Read the full story.