Rick Perry: Let States Secede From Social Security


Here we go again. It seems Governor Goodhair just can't get enough of the secession talk.

From TPM -- Rick Perry: Let States Secede From Social Security:

Freshly reelected Texas Gov. Rick Perry (R) just isn't ready to give up on the secession talk that made him a topic of conversation last year. Taking a national victory lap after his election to an unprecedented third term this week, Perry is out talking up his new plan to break up the union, kind of: It's time, he says, to let states opt out of Social Security.

Last April, Perry told some Austin tea partiers that though "there's absolutely no reason to dissolve" the union the state of Texas has been a part of for about 160 years, "if Washington continues to thumb their nose at the American people, you know, who knows what might come out of that." Texas, he suggested, could lead the charge.

His new suggestion is not to split Texas from the other 49 states, but rather to give it the option to secede from the national pension program that has defined retirement in the country for 75 years.

"When you look at social security, it's broke," Perry told the hosts of MSNBC's Morning Joe this morning. "My kids, 27 and 24, they know this is a Ponzi scheme."

One way out of this mess, in Perry's mind? Just abandon Social Security altogether and let the states handle it. Texas (of course) has already fixed Social Security's problem, Perry says, so why should it be saddled with paying the Ponzi debts of every other sucker?

"Why is the federal government even in the pension program or the health care delivery program?" Perry asked. "Let the states do it." Read on...


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