| Author | Message | ||
     Sifo |
http://news.yahoo.com/social-security-not-deal-onc e-workers-165327268.html
Not much of a surprise for those who are paying attention. I hope more people will start to pay attention. Big government programs like this are designed to fail, but are considered too big to fail. Not a good combination. You bet it's a ponzi scheme! | ||
| Johnnymceldoo |
Could social security get relief funds from postal service profits? | ||
| Hootowl |
Come on guys, do your patriotic duty and pay more taxes. Your country needs you. | ||
| Strokizator |
This is a sore point for me. Since 1976, I've paid the maximum amount every year and now that I'm getting close to retirement age I and people like me are made to be seen as part of the entitlement crowd and a burden to society. Fine, just give me my money back, without interest even. Money that the fed took from me under threat of imprisonment if I failed to comply. | ||
| Hootowl |
"I and people like me are made to be seen as part of the entitlement crowd" I don't believe the retirees are the problem. The program itself is the problem. You were REQUIRED to pay into it. I don't think anyone will grief you over taking your benefits. You paid for them as you were required by law to do. I blame no one but the politicians and the people who keep reelecting them. | ||
| Boogiman1981 |
correct me if I'm wrong i have always been under the impression that social security was intended to be a backstop for those folks in society whose life didn't quite pan out as planned or suffered some kind of calamity. my retirement takes nothing from the g-ment into account. seriously curious not judging or blaming etc. | ||
| Sifo |
Boogiman, yes it originated as a backstop program as you describe. Then it became an actual retirement entitlement. I've actually seen where the government has boasted about the "returns" on the money you paid in. Along with this growth in scope came a huge growth in taxes collected from individuals. Now the house of cards has gotten to where current recipients are getting less than they paid in. It's going to get far worse for young folks just starting out. Funny that not long ago a certain President wanted to reform this system and a certain side of the political spectrum told us how sound the SS system was. Were we lied to? Just earlier this year, a certain candidate described the SS system as a ponzi scheme. Again we heard how sound the system is. Were we lied to again? The point is, the system is completely broken and going broke. Support those willing to fix it. | ||
| Hootowl |
Yeah, it was a backstop. And the amount you paid in each month was a pittance. But like most things the government controls, it got out of control as politicians realized they could control more money if they expanded the program. | ||
| Sifo |
Sure government likes to expand it's powers, but it's not like it's getting so power hungry that it would do things like tax heat in the ocean or anything. Oh, wait, we found out they already do that... http://www.badweatherbikers.com/buell/messages/406 2/689337.html?1344290142 | ||
| Ft_bstrd |
Were SSI managed and overseen like FINRA manages securities and investments, there wouldn't be a branch of government open. They would all be in jail. | ||
| Drkside79 |
Well just found out that after my dad contributed for years my mom is ineligible to collect his SS because shes a teacher and teachers in IL can't collect SS. So she gets the whopping $250 dollar death benefit. Thanks a lot USA..... | ||
| Reindog |
My wife gets the same raw deal here in Kalifornia. I consider this as theft. Hopefully, this can help some see that government is not the answer. I would have done much better personally investing the 15% that has been annually stolen from me by the government for 30 years. President Bush attempted to reform SSI but the Democrats threw yet another political tantrum and yelled that SSI is in good shape. Maybe for robbing us but not for building a future. | ||
| Drkside79 |
Yeah me too. My dad made decent money apparently donated a lot. scary part is Illinois stole a lot of money from the pension fund so it could be a rough road ahead. God Bless America  | ||
| Court |
One of my co-wokers, a number savvy type, took the amount he has been robbed for SS every year and imputed the appropriate interest rates for each of the year that he could have gotten had the money gone into a passbook savings account. He, at the old, tired age of 58, is retiring September 1 and would have had another $650,000 had the feds kept his hands off his money. He's getting back pennies on the dollar. I'm not sure when, or if (I'm having way too much fun) I'll retire but I don't even consider social security in the ciphering . . . . to do so would be foolish. If the feds, after 4 years, can't get Harry Reid to generate a budget, as he is REQUIRED to do by law, the last place I want their lame ass is having ANYTHING to do with my financial health. | ||
| Aesquire |
..scary part is Illinois stole a lot of money from the pension fund.. And Congress stole all the SS money. | ||
| Cityxslicker |
if it is a 'backstop' - then give me the opportunity to succeed or fail based on my own f'n merits I know having damn near a third of my pay check back (taxes, medicare, medicaid, SS, FICA) would make my world a better place More disposable income - more economy activity. I know I will NEVER see dime one of it - I wish they would QUIT pilfering it from me on a weekly basis. | ||
| Ft_bstrd |
Huh, paying for benefits you don't get. That must be tough. Welcome to the top 50%. | ||
| Strokizator |
He, at the old, tired age of 58, is retiring September 1 and would have had another $650,000 had the feds kept his hands off his money. And if he dies a month after filing for SS the money is all gone (assuming he is single and has no dependents). If he had privately invested money, the $650K would be a part of his estate that he could pass that down to his kids, provide a nice endowment for some charity or do anything he wanted (after the feds get their you-didn't-build-that death tax). | ||
| Paint_shaker |
Pisses me off to no extent the amount of people (a huge portion of them 20 somethings) that are either "disabled" or "on social security" and believe that they deserve not to work. Don't get me wrong, there are certainly people who are disabled and deserving, but there are way more that play the system. The Consitution does NOT provide for you to be financially secure, it merely provides you should have a fair opportunity! | ||
| Drkside79 |
Ft If that was directed at me you can go ____ yourself. If not than sorry | ||
| Cityxslicker |
no no, fair would be you get to the rewards and consequences of your actions on your OWN merit and choices - not a guaranteed right to bilk my paycheck every freakin interval because YOU (the collective succophant mass of inable plural -YOU) can't manage your own shiate. There are no entitlements for me, and there should never be any deductions from my livelihood to fund them for 'YOU' at every instance of 'for the good of all' it always comes out of my paycheck - to no benefit of me - fair would be you get to fully enjoy the 'fruits' of your labor - and if you do no labor - you should get to enjoy the full benefit that the nothing is that you contributed. but Washington will never roll that way, so I hope y'all enjoy flipping the bill for 51 MILLION new 'enrollees' into the 'care' system, and who knows how many Millions of 'illegals' as well I wish I knew the tune Nero was fiddling - I might have time to pick it up before the fires start. | ||
| Ft_bstrd |
Drk, No it wasn't directed at you or anyone in particular. Paying in and getting nothing for it is the rule now not the exception. The top 10% pay over 70% of ALL taxes and will get virtually nothing for what they pay in. Add in means testing, they they WILL get NOTHING. The bottom 50% pay virtually nothing into the pot and will get nearly 100% of the benefits. These are your tax dollars at work. | ||
| Ulyranger |
What a Great Society it is..... SS did not figure into my future financial planning, at all. No, not entirely correct, i did have to plan for it's disappearance... | ||
| Pwnzor |
I'll gladly continue to pay into the system if the gubmint will just leave me the f*** alone. However, they won't leave me alone, and therefore I am not glad... not glad at all. I keep hearing about the stock market being up... I don't see it at my end of the street, my coworker showed me his quarterly benefits statement from our company retirement plan... he has lost $64,000 in the last 3 months. I keep most of my extra money in a box, in the most universally exchangeable format: bullets. | ||
| Drkside79 |
Well than sorry. | ||
| Kenm123t |
If they are not truly disabled lets help them Knee cap them If i have to pay for them to be disabled lets make sure they are! | ||
| Geedee |
"When you contract to be a U.S. citizen (property of the U.S. government), via social security, you are basically co-signing for the debts of the federal government. You are pledging all your income and assets to helping discharge the bankruptcy!" Senate Document No. 43, 73rd Congress, 1st Session, which states: "The ownership of all property is in the state; individual so-called 'ownership' is only by virtue of the government, i.e., law, amounting to mere user; and use must be in accordance with law and subordinate to the necessities of the state." "A United States citizen is a subject (property) of the federal government. His name is spelled in all caps. These citizens have only civil rights, (privileges and immunities) secured by the good faith and credit of the United States government. Neither state nor federal constitutions protect them." Wouldn't want to teach this stuff in school. http://usa-the-republic.com/revenue/true_history/C hap8.html We are all in the same boat. | ||
| Cityxslicker |
^^^^ what about the Puerto Ricans - where these shmucks seem to like to off shore everything ? | ||
| Hootowl |
FYI - the content filter where I work blocks that site as "Militancy and Extremist". I wouldn't buy too much from that place. | ||
| Cityxslicker |
Any stray from the party line and mantra public deceit is always labelled subversive, militant, extreme.... more so if it happens to be the truth. | ||
| Guell |
I would love to be able to keep all the money they take to fund their dependantcy programs. I don't want to pay for anyone's "retirement" or welfare, or their healthcare, whether it is Medicaid or care. I pay for all my own things, its a shame so much of the country won't. | ||
| Geedee |
Hootowl, do you mean the link I posted? John 8:32 Guell, @ 7mins 32secs | ||
| Cityxslicker |
hey kids - its 'fun' to be on the dole http://www.huffingtonpost.com/2012/08/07/social-se curity-benefits_n_1750944.html | ||
| Guell |
Geedee, thanks for the vid, I meant everything. Ebt cards, food stamps, wellfare, Medicare etc. I would love to see them all wiped out. I feel like I should be able to opt out of paying for these programs under the condition that I will never use them |
