"Where Fillmore County News Comes First"
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Fixing Social Security


Fri, Dec 17th, 2010
Posted in Commentary

Last time I ended my remarks promising to tell you about various ways to "fix" Social Security (SS). I am going to renege on that promise.

Firstly, SS is not broken, broke or even bent badly. It doesn't need complicated fixing. It has a large surplus now and for over twenty-five years into the future if present politicians don't "compromise" it away. It suffers from the same problem any insurance would if it were under patronized and under funded.

Secondly, all of the proposed plans to "fix" the reductions in benefits, predicted for thirty to forty years down the road, do so by putting reductions in benefits into law now. They just want to put it off for thirty to forty years so the current crop of retirees doesn't vote them out of office or look for rope and a large oak tree.

There is one plan by Representative Ryan (R), Wisc. that doesn't codify reductions now. He would privatize SS and have it gone entirely by 2040. Others would like to get rid of SS altogether but are little more circumspect.

It needs to be repeated over and over again that if nothing is changed SS is projected to pay full promised benefits until 2037 or 2042, depending on whether you look at SS Trustees' reports or The Congressional Budget Office reports and about 78 percent of promised benefits after that. This artificial crisis in SS is due to politicians trying to appear fiscally responsible. They can't address the real problem contributing to deficits for many reasons. They really don't know how to control Medicare and medical care costs without being smeared by the "death panel" crowd, losing their constituents (insurance companies, the hospital and drug company consortium, and Wall Street). Doctors just continue to delude themselves that they are part of the power here.

It's necessary to repeat the bonds in the trust fund are not empty promises. They are the same bonds sold to the Chinese, banks, individual investors around the world and other entities. SS owns about 18 percent of our national debt with these bonds. That is the American worker owns about 18 percent. We bought them with our taxes and they are owed to us.

There are three ways to increase the moneys available. You could increase the taxes dedicated for SS, you can reduce benefits, or a combination of the two.

All of the politico's solutions are a smattering of the two. The politicians that have always hated SS are heavy on the reduced benefits side and, of c .....
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One Moment Please - I grew up saying "Merry Christmas!"

Fri, Dec 17th, 2010
Posted in Commentary

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

It's interesting to see how much our traditions of the past continue to change as our young nation evolves.

I remember growing up with a Christmas tree in our classroo ..... 
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Concerned mother speaks out

Fri, Dec 10th, 2010
Posted in Commentary

My name is Karen Neneman. My husband (Terry) and I have come to speak on behalf of our daughter Sabrina.

As I am sure you all know, Terry and I took Sabrina out of Lanesboro School on November 5, because of bullying issues.

We have m ..... 
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Walking Fillmore County

Fri, Dec 10th, 2010
Posted in Commentary

We've just had our first major snowfall of the season and now the sun is shining in a blue sky. The bike/walking trails around Preston, where I live, will not be good for walking again until spring unless we have an unusually significant thaw. An ex ..... 
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One Moment, please... We should feel lucky

Mon, Dec 6th, 2010
Posted in Commentary

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

I know many of our readers grew up in a small town and possibly even in Fillmore County.

They are used to the norms of life in a small town, which is often a novelty t ..... 
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Social Security attack part two

Fri, Nov 26th, 2010
Posted in Commentary

By R.L. Sauer, MD

Politicians and political operatives who wish to fool us into thinking they're fiscally responsible or have always wanted to dismantle Social Security (SS) claim it's bankrupt and that it's also contributing to the national ..... 
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Why polarization hurts us

Mon, Nov 22nd, 2010
Posted in Commentary

By Lee H. Hamilton

By splitting control of Congress in the midterm elections, voters have handed Democrats and Republicans an opportunity to work together. Of course, the number of people in Washington who believe it will happen could fit in ..... 
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One moment, please... People buy from people

Mon, Nov 22nd, 2010
Posted in Commentary

By Jason Sethre

Publisher of the Fillmore County Journal, cell phone: 507-251-5297

In the November 15 issue of the Fillmore County Journal, there was an advertisement from Lee and Diane Bigalk, Bigalk Chevrolet Co. in Harmony, Minn.
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One moment, please... People buy from people

Sat, Nov 20th, 2010
Posted in Commentary

In the November 15 issue of the Fillmore County Journal, there was an advertisement from Lee and Diane Bigalk, Bigalk Chevrolet Co. in Harmony, Minn.

This advertisement particularly hit home with me as I read a line in their ad, "Some busine ..... 
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