Get Adobe Flash Player to see this content.

About This Video

Common Sense: 6/19

Title:

Common Sense: 6/19

Published: Fri, 19 Jun 2009

Description: You should know about the real future

-

Automatically Generated Transcript (may not be 100% accurate)

" Right finally I want to talk to you story about the future not to teach you a year from politicians. -- real future that you should know about because we're on a collision course in my -- A collision which reality and the reality is we are spending far more than we are taking in over the years five times more. Then will be taking and so something has to come out a lot more has to -- and I think though. So I think taxes are going up a lot and not just for some for everybody everybody. And pretty soon on everything -- just for starters lots more pop to come. And all because our government has -- it's just -- has been happening for years Republicans Democrats just popped. Which gets me to my next predicts Social Security it's popped kiss goodbye at least as an entitlement soon it'll be welfare. Mean this man now. But means tested soon I also live it and there right I'm telling -- justice so when you think food stamps think Social Security. Because pretty soon I wanted just think that they're saying they will be think I'm nuts think again. Because I did the math and I now and I know that -- now and I know. Vein that I now. And they could have prevented all of this is the only tinkered with this adjusted needed to retirement age for Social Security for the benefit formula. For Social Security but they didn't. Announced a security is done and all that money you pay into it will be for not sorry. For not for you. Just another welfare program for someone else good for them that for you because we've run out of money. And we've run out of options and the only option left is charging you a lot more for the privilege of government even though most of you won't be getting squad from government. -- but it won't tell you I felt I had to warn. So open your mind. And by the way while you're opening your mind you might wanna open something else. Your wallet. Ten tell you."

More Videos From FOX News

Social Security Watch

Social Security Watch

Peter Johnson Jr. compares the candidates on Social Security issues

Video|Sat, 1 Nov 2008|More from Latest Video
|senator Obamafound at1:00, 1:03

First Senator Obama says I want to raise Social Security payroll taxes. On the wealthiest Americans in order to finance. The now near bankrupt -- in thirty years Social Security system. He says I rule out raising the retirement age for benefits I'm. I'm not raising it to 6768. And mismanagement which others have argued would help put out by raising a little bit pushing off retirement Angel will be absolutely BO beacons that true thing. He's opposed any privatization. Of Social Security . Well Andy Roddick commercial. In that regard I look at this issue over the last couple of days. Unfortunately commercial these run
Let's take a look I guess that senator Obama's plan.
Pork We Can Believe in?

Pork We Can Believe in?

Dick Morris sounds off on the stimulus bill

Video|Thu, 12 Feb 2009|More from The O'Reilly Factor
|Social Securityfound at2:33, 5:39

he's created he's got to do something about entitlements. And that means Social Security . And he's -- trip up in the same way everybody does over the Social Security issue. He's going to have to recommend reducing cost of living adjustments increasing the retirement age raising the tax on its payroll tax. And a lot of stuff that isn't going to be popular. And the third problem
a fly had a good time it's get -- Trip up -- Social Security I didn't forget their debt I didn't forget them I could recap what you said in five minutes. It's always good to
Calling the Kettle Black...

Calling the Kettle Black...

The burden of legacy costs.

Video|Thu, 11 Dec 2008|More from Tom Sullivan
|Social Securityfound at0:56, 1:04

You're exactly right I think it -- Social Security was invented it was some retirement age was 62 life expectancy with something like 65 you know -- to a three year. Director you're out -- now like expectancy and that the late
legacy costs -- want to bring it real personal balls promises about Social Security all those promises about your pension plan. We can't afford to keep those promises they're gonna break up.