Perry is STILL right: Social Security is a loser

[Antitrust32]

the federal responsibility has become WAY out of hand... it is nothing like what our founding fathers hoped for.

[Riot]

Originally Posted by Antitrust32

the federal responsibility has become WAY out of hand... it is nothing like what our founding fathers hoped for.

Blah, blah, vague generality, blah, blah, anger and name-calling, blah blah.

Sorry. I've lost interest in you.

[joeydb]

Originally Posted by Riot

Blah, blah, vague generality, blah, blah, anger and name-calling, blah blah.

Sorry. I've lost interest in you.

OK, I'm convinced.

So it is a TAX, right? Since it's NOT a retirement or investment program. Why then is everyone so interested in defending this tax?

The program sucks. It should be OPTIONAL. Let people out of it. Write them a check for everything they had stolen from them over the years - even without interest, they will make out better than actually collecting payments later. That's how much of a pig this program is.

[Riot]

Originally Posted by joeydb

OK, I'm convinced.

So it is a TAX, right? Since it's NOT a retirement or investment program. Why then is everyone so interested in defending this tax?

The program sucks. It should be OPTIONAL. Let people out of it. Write them a check for everything they had stolen from them over the years - even without interest, they will make out better than actually collecting payments later. That's how much of a pig this program is.

That's one opinion.

Another is that no, the program doesn't "suck". It's the most successful social program ever, 100% reliable, has kept millions out of poverty.

This society takes care of it's elders. You don't approve, well, the Supreme Court long ago ruled "too bad" for those that share your opinion. You have to pay in.

That's what living in a democratic Republic entails as your responsibility.

The program does exactly what it was designed to do, and does it very well, and will continue to do so for the next several decades.

You are free to save the 10% you should be saving out of your take home pay on your own, like all responsible people. SS will then only be a just-in-case fallback check by the time you retire, as it is intended to be. You know, like for the folks who had their private retirement funds decreased by 25-30% over the past 10 years. Devastating, when you've worked your whole life, but market crashes and housing crashes ruin one's planning and saving. Good thing this country, like other first world countries, has a social safety net for our seniors.

[joeydb]

Originally Posted by Riot

That's one opinion.

Another is that no, the program doesn't "suck". It's the most successful social program ever, 100% reliable, has kept millions out of poverty.

This society takes care of it's elders. You don't approve, well, the Supreme Court long ago ruled "too bad" for those that share your opinion. You have to pay in.

That's what living in a democratic Republic entails as your responsibility.

The program does exactly what it was designed to do, and does it very well, and will continue to do so for the next several decades.

You are free to save the 10% you should be saving out of your take home pay on your own, like all responsible people. SS will then only be a just-in-case fallback check by the time you retire, as it is intended to be. You know, like for the folks who had their private retirement funds decreased by 25-30% over the past 10 years. Devastating, when you've worked your whole life, but market crashes and housing crashes ruin one's planning and saving. Good thing this country, like other first world countries, has a social safety net for our seniors.

You're making my point by calling us a "Democratic Republic". Just like East Germany was, huh?

Nice of you to let me save ANOTHER 10% in an attempt to undo the lack of yield from Social Security.

As for its success - yeah - it's successful in keeping people in line, voting for Democrats to "protect" the program. That is exactly what it was designed to do.

[joeydb]

Here:

http://www.realclearpolitics.com/art...zi_111323.html

Excerpt: "Ponzi! Ponzi! Ponzi! There, I said it. To the extent people believe there are trust funds with their names on them, Social Security is absolutely a Ponzi scheme. So is Medicare. People need to hear it.

Many people think that when the government takes payroll tax from their paychecks, it goes to something like a savings account. Seniors who collect Social Security think they're just getting back money that they put into their "account." Or they think it's like an insurance policy -- you win if you live long enough to get more than you paid in. Neither is true. Nothing is invested. The money taken from you was spent by government that year. Right away. There's no trust fund. The plan is unsustainable. Medicare is worse."

[dellinger63]

Obamacare is worse and will only benefit the contributor with an empty promise of lowered health care costs by saving money on uninsured ER costs. Meanwhile every other chumbalone will be subsidized on the backs of families fighting to provide a decent life for their OWN children and themselves.

Money in the pockets of families expected to pay for this must be unstimulated dollars unlike the stimulated dollars put into the pockets of teachers, first responders and the unemployed, again by those trying to provide a decent life for their families. The government needs to stop acting like a parent, get out of the way, and watch this county prosper, like it did for so many years.

[Riot]

Originally Posted by joeydb

You're making my point by calling us a "Democratic Republic". Just like East Germany was, huh?

I'm sorry you are unawares of what type of government we have.

Nice of you to let me save ANOTHER 10% in an attempt to undo the lack of yield from Social Security.

I assume you are over the age of 21, right? So I assume you've been taught, during your life, that you have to save for your own retirement? Plan for your own future? And it is clear you are awares that Social Security is just what the name of the program says?

So your puzzlement at taking responsibility for yourself comes from .... ?

[Antitrust32]

Originally Posted by Riot

I'm sorry you are unawares of what type of government we have.



I assume you are over the age of 21, right? So I assume you've been taught, during your life, that you have to save for your own retirement? Plan for your own future? And it is clear you are awares that Social Security is just what the name of the program says?

So your puzzlement at taking responsibility for yourself comes from .... ?

Lighten Up Muddafukka

[dellinger63]

Originally Posted by Riot

I assume you are over the age of 21, right? So I assume you've been taught, during your life, that you have to save for your own retirement? Plan for your own future?

So your puzzlement at taking responsibility for yourself comes from .... ?

ironically allowing an employee to invest/save his SS/Medicare tax along with his employer's contribution would achieve savings of 10.4% presently and 12.4% a year, once the payroll tax cut expires.

About time Americans grow up and takes responsibility for themselves rather than the 'woe is me', 'I was abused/bullied/forced fed bad foods/ not informed of the dangers of smoking etc etc. etc., with a hand out attitude that is polluting our country today.

[Antitrust32]

Originally Posted by Riot

Blah, blah, vague generality, blah, blah, anger and name-calling, blah blah.

Sorry. I've lost interest in you.

I don't give a $hit about you!

[clyde]

Originally Posted by Antitrust32

I don't give a $hit about you!

eauxh!!!!






But not good enough..you tell her to go fucl< herself and you do it right now!

[Antitrust32]

Per Morty.

Riot, you are not a very intelligent individual. Please quietly gfy.

[clyde]

spit!!!!







yay!!

[Riot]

Originally Posted by Antitrust32

Per Morty.

Riot, you are not a very intelligent individual. Please quietly gfy.

As you, Lori, are the one that started with the insult and name calling this thread, so I suggest you take your own advice.

[jms62]

Originally Posted by Coach Pants

Why would anyone in the public spotlight eat one of those. It is such a photo op.

He's just demonstrating how SSI recipients can replace their soon to be lost income.