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AZ Jim
05-29-2016, 01:12 PM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4


(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)

Peter1469
05-29-2016, 01:38 PM
Social security is vacation money in my retirement plan.

AZ Jim
05-29-2016, 01:39 PM
Social security is vacation money in my retirement plan.So fuck the rest of us huh?

Peter1469
05-29-2016, 01:39 PM
You made your own bed. Sleep in it.

decedent
05-29-2016, 01:42 PM
His campaign is already broke and now his white-haired base is going to desert him. Shame, it would have been fun having a loud, citrus fruit President.

AZ Jim
05-29-2016, 01:43 PM
You made your own bed. Sleep in it.There you have it Folks, the word from the Republican "I got mine, fuck you" generation. Lucky? Maybe. Untouched by catastrophic medical situations? Maybe. In short what you see is what you get.

Peter1469
05-29-2016, 01:44 PM
There you have it Folks, the word from the Republican "I got mine, fuck you" generation. Lucky? Maybe. Untouched by catastrophic medical situations? Maybe. In short what you see is what you get.

I am not a republican.

/fail.

Peter1469
05-29-2016, 01:45 PM
I also have good insurance to include long term care. That is on top of free VA care to include long term care if I wish to use it rather than my private insurance.

AZ Jim
05-29-2016, 01:47 PM
I am not a republican.

/fail.You are not much of a human either.

Tahuyaman
05-29-2016, 01:48 PM
You made your own bed. Sleep in it.

When I was a teenager, my Mother kept impressing upon me how I was going to need to invest and make plans to secure my own retirement.
I was made aware at a very young age that Social Security will not allow a person to have a comfortable and secure retirement. I was raised believing that it wouldn't be around by the time I reached retirement age anyway. I'm glad I listened to her.

Tahuyaman
05-29-2016, 01:50 PM
There you have it Folks, the word from the Republican "I got mine, $#@! you" generation. Lucky? Maybe. Untouched by catastrophic medical situations? Maybe. In short what you see is what you get.


If you were too lazy or irresponsible to take charge of your own retirement, why should everyone else be required to pick up your tab? Just because?

Tahuyaman
05-29-2016, 01:54 PM
Social security is vacation money in my retirement plan.

Vacation money, lift tickets.... I'll use it for doing some minor work on my latest classic car restoration project

AZ Jim
05-29-2016, 01:56 PM
When I was a teenager, my Mother kept impressing upon me how I was going to need to invest and make plans to secure my own retirement.
I was made aware at a very young age that Social Security will not allow a person to have a comfortable and secure retirement. I was raised believing that it wouldn't be around by the time I reached retirement age anyway. I'm glad I listened to her.You were lucky, I spent almost the last 20 years of my Moms life supporting her. I was responsible for that because she was my Mom and cared for me when she could and I was too young to care for myself. Many people who haven't had the luck and yes sometimes the insight depend on receiving the social security they paid into all their lives. It sickens me to see a spoiled rich boy who got a fortune to play with from his daddy threaten my social security.

AZ Jim
05-29-2016, 01:58 PM
If you were too lazy or irresponsible to take charge of your own retirement, why should everyone else be required to pick up your tab? Just because?Who is "everyone else" all I ever expected or asked for is what I paid for Social Security insurance....

AZ Jim
05-29-2016, 02:00 PM
Vacation money, lift tickets.... I'll use it for doing some minor work on my latest classic car restoration projectI don't wish you any bad luck but it sounds like a jolt of it might wake your lazy ass brain cells up.

Tahuyaman
05-29-2016, 02:01 PM
How does that relieve you of the responsibility of planning for your own retirement? Millions of people raise children, send them through college, take care of sick or elderly parents and still secure their own retirement.

Being envious of the wealthy doesn't enrich you at all.

Tahuyaman
05-29-2016, 02:02 PM
I don't wish you any bad luck but it sounds like a jolt of it might wake your lazy ass brain cells up.

Huh......?

Tahuyaman
05-29-2016, 02:06 PM
Who is "everyone else" all I ever expected or asked for is what I paid for Social Security insurance....

And that's what you are getting now. Do you want it all at once in a lump sum or what?

You have commented that you are in your 80's. If that's true you've probably collected more than you contributed, so what are you complaining about?

Peter1469
05-29-2016, 02:09 PM
You are not much of a human either.

:shocked:

AZ Jim
05-29-2016, 02:12 PM
And that's what you are getting now. Do you want it all at once in a lump sum or what?

You have commented that you are in your 80's. If that's true you've probably collected more than you contributed, so what are you complaining about?I want only what I paid to expect. Nothing more or less. Quit trying to bait me kid, this isn't my first rodeo.

birddog
05-29-2016, 02:13 PM
I don't put much stock in the honesty of Huff Post. Besides, trump cannot cut SS without Congress. Likely the only "cut" would be the slowing down of the growth of SS or taking a small percentage to use for private investment.

AZ Jim
05-29-2016, 02:14 PM
I don't put much stock in the honesty of Huff Post. Besides, trump cannot cut SS without Congress. Likely the only "cut" would be the slowing down of the growth of SS or taking a small percentage to use for private investment.I don't trust your assessment.

Tahuyaman
05-29-2016, 02:15 PM
I want only what I paid to expect. Nothing more or less. Quit trying to bait me kid, this isn't my first rodeo.

Like I said. that's what you are getting now. You are complaining of not getting more.

Tahuyaman
05-29-2016, 02:21 PM
I don't put much stock in the honesty of Huff Post. Besides, trump cannot cut SS without Congress. Likely the only "cut" would be the slowing down of the growth of SS or taking a small percentage to use for private investment.

Bush proposed a voluntary program where people could direct 2 or 3% of their social security money to a private account under their control and the lft screamed that he was wanting to kill Social Security.

Peter1469
05-29-2016, 02:25 PM
Bush proposed a voluntary program where people could direct 2 or 3% of their social security money to a private account under their control and the lft screamed that he was wanting to kill Social Security.

That 2-3% would outperform the rest left in the SS Ponzi Scheme.

Tahuyaman
05-29-2016, 02:29 PM
That 2-3% would outperform the rest left in the SS Ponzi Scheme.

That's why liberals opposed it.

AZ Jim
05-29-2016, 02:44 PM
That 2-3% would outperform the rest left in the SS Ponzi Scheme.His proposal came just before the stock crash. You really think it's a good idea to put the millions of ss dollars into the hands of wall street to gamble with? I don't. As to the "do I want more?" The answer is only want the cola to be based upon a standard that provides the changes required to keep up with the consumer price schedule. Thanks to repubs we were iced for scheduled coloa raises several times due to their refusal to pass a budget.

Peter1469
05-29-2016, 02:55 PM
His proposal came just before the stock crash. You really think it's a good idea to put the millions of ss dollars into the hands of wall street to gamble with? I don't. As to the "do I want more?" The answer is only want the cola to be based upon a standard that provides the changes required to keep up with the consumer price schedule. Thanks to repubs we were iced for scheduled coloa raises several times due to their refusal to pass a budget.

Yes. We could have an insurance plan to cover the rare instances where the markets would under perform SS.

Stock Market History of Returns (http://www.stockpickssystem.com/historical-rate-of-return/)

Decade
Average Return Per year


1900s
9.96%


1910s
4.20%


1920s
14.95%


1930s
-0.63%


1940s
8.72%


1950s
19.28%


1960s
7.78%


1970s
5.82%


1980s
17.57%


1990s
18.17%


2000s
1.07%


2010-2013
16.74%

Tahuyaman
05-29-2016, 03:01 PM
His proposal came just before the stock crash. You really think it's a good idea to put the millions of ss dollars into the hands of wall street to gamble with? I don't. ...

I see nothing wrong with having individuals decide what they want to with a tiny portion of their SS contributions.

It might make people more aware of how the investment industry works.

FindersKeepers
05-29-2016, 04:05 PM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4


(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)

I've always been taught that I had to make my own provisions for retirement because SS would not be there for me by the time I retire.

I listened, saved and invested. I sometimes got frustrated that I paid so much in FICA (being self-employed, I pay double what an employee pays from his wages), and I'm always glad when I hit the annual cap and can quit paying in.

I believed those who warned me not to bank on SS. Now, if it goes belly-up, I'll still be okay.

The BEST way those on SS can make the most of their payments is to OPPOSE minimum wage increases, which raise the cost of living base, making the small amount retirees get worth even less. Unfortunately, many on SS are too short-sighted to realize that if they advocate for minimum wage increases, they're cutting their own throats.

I don't think SS will be around forever, and, because I listened to the advice I was given, I will be okay when I finally reach that age.

AZ Jim
05-29-2016, 04:31 PM
I've always been taught that I had to make my own provisions for retirement because SS would not be there for me by the time I retire.

I listened, saved and invested. I sometimes got frustrated that I paid so much in FICA (being self-employed, I pay double what an employee pays from his wages), and I'm always glad when I hit the annual cap and can quit paying in.

I believed those who warned me not to bank on SS. Now, if it goes belly-up, I'll still be okay.

The BEST way those on SS can make the most of their payments is to OPPOSE minimum wage increases, which raise the cost of living base, making the small amount retirees get worth even less. Unfortunately, many on SS are too short-sighted to realize that if they advocate for minimum wage increases, they're cutting their own throats.

I don't think SS will be around forever, and, because I listened to the advice I was given, I will be okay when I finally reach that age.I'm happy for you and your and good luck and infinite wisdom .

AZ Jim
05-29-2016, 04:38 PM
In closing out my thoughts, I envy you who are so young as to believe your life will forever remain free of the things that befall many around you. I am from a generation that trusted our government. I was born in 1936 the same year ss came into being. I paid it my entire life. I am therefore entitled to it and all older Americans are entitled to some dignity in the final quarter of the game of life. Remember, we paved the roads for you....

gamewell45
05-29-2016, 04:48 PM
Social security is vacation money in my retirement plan.

So who needs vacation anyhow right? :)

gamewell45
05-29-2016, 04:58 PM
That 2-3% would outperform the rest left in the SS Ponzi Scheme.

Poppycock Peter; there were no guarantee's how the investments would perform; if the person made bad investment choices and lost it all, as you might say, "tough luck".

Social Security is the only true safety net seniors can depend on since many of them don't have pensions from their former employers. If the government kept their greasy hands off of the money and stopped raiding it, we wouldn't be in this situation that we are for many people these days. Those that are forced to work (and are physically able to) to help make ends meet take jobs that the youth of America could be doing instead. Taking or reducing SS would have horrible ramifications on the people that need it the most. For nothing else, I hope the seniors of America do not vote for Trump for that reason alone.

MisterVeritis
05-29-2016, 04:58 PM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4

(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)
It is time to end this risky scheme. We can simply say we are not going to steal the wealth from the young to give it to the old any longer. In the first year of Trump's eight years, he can work with Congress to change the laws so that we will NOT take money from the young. They can be encouraged to save a percentage of their income. They will own their accounts and they will learn how to become wealthy.

MisterVeritis
05-29-2016, 05:03 PM
In closing out my thoughts, I envy you who are so young as to believe your life will forever remain free of the things that befall many around you. I am from a generation that trusted our government. I was born in 1936 the same year ss came into being. I paid it my entire life. I am therefore entitled to it and all older Americans are entitled to some dignity in the final quarter of the game of life. Remember, we paved the roads for you....
FDR really screwed the nation over.

You have already received FAR more than you put in. Those the government is stealing from today will not get back anywhere near what is taken from them. It is wealth redistribution. It will fail.

AZ Jim
05-29-2016, 05:04 PM
It is time to end this risky scheme. We can simply say we are not going to steal the wealth from the young to give it to the old any longer. In the first year of Trump's eight years, he can work with Congress to change the laws so that we will NOT take money from the young. They can be encouraged to save a percentage of their income. They will own their accounts and they will learn how to become wealthy.This is so ridiculous it's unworthy of a concise reply.

FindersKeepers
05-29-2016, 05:05 PM
I'm happy for you and your and good luck and infinite wisdom .

No "infinite wisdom" here. Just believing and following the advice I was given. There were plenty of times I would have rather purchased some "toy" as opposed to saving and investing, but I was raised to "save for a rainy day."

As I said -- you'd be better off opposing minimum wage increases, because that's what's really going to hit SS recipients and others on limited incomes hard. And, while the young who work those burger-flipping jobs have many earning years ahead of them -- retirees don't. Who does it make sense to consider more? I don't begrudge anyone on SS, even if there's nothing there for me. I know you paid into the system so you deserve to get your investment back.

I wouldn't worry too much, though. Those "anonymous sources" articles rarely are true. And, Huff-and-Puff publishes some of the tallest tales.

MisterVeritis
05-29-2016, 05:07 PM
It is time to end this risky scheme. We can simply say we are not going to steal the wealth from the young to give it to the old any longer. In the first year of Trump's eight years, he can work with Congress to change the laws so that we will NOT take money from the young. They can be encouraged to save a percentage of their income. They will own their accounts and they will learn how to become wealthy.

This is so ridiculous it's unworthy of a concise reply.

Let this be a lesson to everyone. Liberalism is unsafe. Look at what decades of exposure did to this poor soul.

Refugee
05-29-2016, 05:08 PM
In closing out my thoughts, I envy you who are so young as to believe your life will forever remain free of the things that befall many around you. I am from a generation that trusted our government. I was born in 1936 the same year ss came into being. I paid it my entire life. I am therefore entitled to it and all older Americans are entitled to some dignity in the final quarter of the game of life. Remember, we paved the roads for you....

I’ll agree with that, I’m of the generation that trusted the UK government too and told that we would be looked after ‘from cradle to the grave,’ a pension provided for contributions, first class socialised medical care . . . the money’s gone, spent by successive governments to pay for the socialist paradise, the National Health Service (NHS) is collapsing and my pension has been frozen at 2010 rates. The lesson learned is don’t trust governments and think about that when you next vote.

AZ Jim
05-29-2016, 05:10 PM
It is time to end this risky scheme. We can simply say we are not going to steal the wealth from the young to give it to the old any longer. In the first year of Trump's eight years, he can work with Congress to change the laws so that we will NOT take money from the young. They can be encouraged to save a percentage of their income. They will own their accounts and they will learn how to become wealthy.


Let this be a lesson to everyone. Liberalism is unsafe. Look at what decades of exposure did to this poor soul.Next time you seek an example of why America is beginning to rot, revue this guys posts.

MisterVeritis
05-29-2016, 05:11 PM
Next time you seek an example of why America is beginning to rot, revue this guys posts.
You are confused. I am your salvation.

AZ Jim
05-29-2016, 05:12 PM
You are confused. I am your salvation.KMA Loser.

birddog
05-29-2016, 05:13 PM
I don't trust your assessment.

Don't judge Donald by your boy Barry. Donald is not likely going to issue illegal EOs.

birddog
05-29-2016, 05:15 PM
Bush proposed a voluntary program where people could direct 2 or 3% of their social security money to a private account under their control and the lft screamed that he was wanting to kill Social Security.

I remember that. If they had done that 45 years ago, my SS check would be much bigger. Libtards suck!

FindersKeepers
05-29-2016, 05:16 PM
In closing out my thoughts, I envy you who are so young as to believe your life will forever remain free of the things that befall many around you. I am from a generation that trusted our government. I was born in 1936 the same year ss came into being. I paid it my entire life. I am therefore entitled to it and all older Americans are entitled to some dignity in the final quarter of the game of life. Remember, we paved the roads for you....


yes. Yes. YES!

You ARE entitled to the benefit from the money you paid in. You were bamboozled into thinking it was a good thing -- and -- for some of you -- it is/was.

But keep in mind that we've watched what happened to your generation and we've paid into a system (just as you did) but we don't have the same assurances you had.

What about us? Do we just live to serve you? Already, the government has been pushing back the retirement age so more of us will die before we're allowed to retire and draw full benefits.

You've seen the numbers. Fewer are working to pay for the huge influx of Baby Boomers entering retirement. That's one of the big reasons for trying to legalize illegal immigrants -- make 'em pay into the system to foot the upside-down income/SS pyramid. But then, who pays for them? Are we always going to slap bandages on this severed limb that's hemorrhaging? You're a very smart man. You know generations will come after yours and mine has gone. Do we pass on this heavy burden? We can't keep doing it forever.

AZ Jim
05-29-2016, 05:17 PM
Don't judge Donald by your boy Barry. Donald is not likely going to issue illegal EOs.http://fivethirtyeight.com/datalab/every-presidents-executive-actions-in-one-chart/

birddog
05-29-2016, 05:22 PM
http://fivethirtyeight.com/datalab/every-presidents-executive-actions-in-one-chart/

Hey SFBs, comparative numbers of EOs has been discussed many times. It's not the number, it's the dastardly and illegal aspects that is important, and Obama is the worst.

AZ Jim
05-29-2016, 05:25 PM
Hey SFBs, comparative numbers of EOs has been discussed many times. It's not the number, it's the dastardly and illegal aspects that is important, and Obama is the worst.Bye

Peter1469
05-29-2016, 06:08 PM
In closing out my thoughts, I envy you who are so young as to believe your life will forever remain free of the things that befall many around you. I am from a generation that trusted our government. I was born in 1936 the same year ss came into being. I paid it my entire life. I am therefore entitled to it and all older Americans are entitled to some dignity in the final quarter of the game of life. Remember, we paved the roads for you....

Social Security isn't enough for dignity.

Peter1469
05-29-2016, 06:10 PM
Poppycock Peter; there were no guarantee's how the investments would perform; if the person made bad investment choices and lost it all, as you might say, "tough luck".

Social Security is the only true safety net seniors can depend on since many of them don't have pensions from their former employers. If the government kept their greasy hands off of the money and stopped raiding it, we wouldn't be in this situation that we are for many people these days. Those that are forced to work (and are physically able to) to help make ends meet take jobs that the youth of America could be doing instead. Taking or reducing SS would have horrible ramifications on the people that need it the most. For nothing else, I hope the seniors of America do not vote for Trump for that reason alone.

Incorrect. I posted the returns above. There could be a plan like the federal Thrift Savings Plan with safe investments. Plus I mentioned the insurance to cover those few times that the markets do worse than SS would.

SS is a cruel joke. You would make so much more with wise investments and compound interest. Plus it would be yours.

AZ Jim
05-29-2016, 06:11 PM
Put a price on it, know it all.....

Peter1469
05-29-2016, 06:12 PM
It is time to end this risky scheme. We can simply say we are not going to steal the wealth from the young to give it to the old any longer. In the first year of Trump's eight years, he can work with Congress to change the laws so that we will NOT take money from the young. They can be encouraged to save a percentage of their income. They will own their accounts and they will learn how to become wealthy.


Let this be a lesson to everyone. Liberalism is unsafe. Look at what decades of exposure did to this poor soul.

Just say no to redistribution of wealth to those who walked eyes open into this mess.

Peter1469
05-29-2016, 06:14 PM
The hard left will suffer their follies and still believe that they are right.

Insane.

AZ Jim
05-29-2016, 07:00 PM
Peter, you place so much faith in the VA, don't get any kind of cancer. Unless you were in very limited situations while in service, it's bye bye grunt....

Peter1469
05-29-2016, 07:40 PM
Peter, you place so much faith in the VA, don't get any kind of cancer. Unless you were in very limited situations while in service, it's bye bye grunt....

I am not sure what you mean, but I am in the top priority category. Anyway, I would use my private insurance first.

MisterVeritis
05-29-2016, 08:17 PM
KMA Loser.
Have you always been this pathetic?

MisterVeritis
05-29-2016, 08:20 PM
Bye
Coward.

AZ Jim
05-29-2016, 08:26 PM
Coward.Only in your eyes and on the internet...

Refugee
05-29-2016, 08:46 PM
The hard left will suffer their follies and still believe that they are right.

Insane.

The first thing I did when emigrating is rid myself of all western currency; Pounds, Euro’s and dollars and hedged my bets in Chinese Yuan and Thai Bahts.
Secondly, I registered at the local Naval hospital under private care – a hernia op in 2009, three days care, all medicines, private suite, cost around $US 500.
Thirdly, with the zero tax for workers, we bought a two bedroom house by the sea, for the equivalent of under $US 20,000.

We did all this because we didn’t have to pay for everyone else to be equal, didn’t buy into government promises (lesson had already been learned) and put into practice the independence everyone is talking about, but voting for the opposite.

It does seem AZ Jim, as if you’re complaining about the unfairness of it all and then wanting more of it.
Cheers – this didn’t come from da gobernment.


14800


14801


14802

TrueBlue
05-29-2016, 09:00 PM
Social Security isn't enough for dignity.
But it sure beats the hell out of being entirely penniless! Besides, it is money that we were forced to pay and have paid to the government that people are entitled to receive in return in their golden years as was promised would be done.

Moral Of the Story: Congress Quit RAIDING the Social Security Trust Fund Only To Later Come Back and Say That It Is No Longer Stable. STABLIZE IT By Returning That Money That You Took To Use For Other Purposes and Then Shut Up!

Tahuyaman
05-29-2016, 09:01 PM
I am from a generation that trusted our government. ....

And inexplicably, you still have this irrational unwavering trust in government.

Tahuyaman
05-29-2016, 09:04 PM
But it sure beats the hell out of being entirely penniless!



So, if not for Social Security everyone would be penniless in their retirement years?

Tahuyaman
05-29-2016, 09:08 PM
Moral Of the Story: Congress Quit RAIDING the Social Security Trust Fund Only To Later Come Back and Say That It Is No Longer Stable.


President Lyndon B Johnson(D), in cooperation with a Democratic congress broke the Social Security Trust Fund and shifted that money to the general fund to pay for the war in Vietnam. Every attemot to restore that trust fund is fought tooth be nail by today's Democrats.

Your party screwed it up and your party fights every and any effort to fix it.

Peter1469
05-29-2016, 09:19 PM
But it sure beats the hell out of being entirely penniless! Besides, it is money that we were forced to pay and have paid to the government that people are entitled to receive in return in their golden years as was promised would be done.

Moral Of the Story: Congress Quit RAIDING the Social Security Trust Fund Only To Later Come Back and Say That It Is No Longer Stable. STABLIZE IT By Returning That Money That You Took To Use For Other Purposes and Then Shut Up!


Take that money, invest in a quality fund or funds and let compound interest turn you into a millionaire. Social Security will keep you in poverty if that is all you have.

gamewell45
05-29-2016, 09:21 PM
Incorrect. I posted the returns above. There could be a plan like the federal Thrift Savings Plan with safe investments. Plus I mentioned the insurance to cover those few times that the markets do worse than SS would.

SS is a cruel joke. You would make so much more with wise investments and compound interest. Plus it would be yours.

SS may seem like a cruel joke, but to millions of seniors, it's their lifeblood. Wise investments are only as valid as the person making the investment based on his/her level of knowledge on the market. The only people who'd be guaranteed to do well would be the clearing houses.

TrueBlue
05-29-2016, 09:36 PM
I want for everyone who looks down on Social Security and the reason there are much fewer dollars in the coffers to view this excellent video by Senator Rand Paul that explains much of what I said earlier. Paul is correct on this matter!

Senator Rand Paul fights Congress Raiding Social Security Trust Fund in Dead of Night https://www.youtube.com/watch?feature=player_detailpage&v=H_ard0RnuOI

Refugee
05-29-2016, 09:37 PM
If you’re penniless, or if you get to 30 and still find yourself working in McDonalds that is not society’s fault. To be fair, my generation and Jim’s were ‘suckered’ (American euphemism?), but we didn’t know any differently then. With near full employment, post war booming economies and lots of money splashing around, we believed it all. You spent your money because you didn’t have to worry about the future, the government had it all planned out for you. Those ideas are now coming home to bite hard. Reagan didn’t put a third of America on welfare and the conservatives did not spend themselves into economic oblivion trying to create equality.

The problem is that Jim and his friends believed more than was good for them and they’re now sitting there and saying ‘WTF, where did all the promises go?’ It’s the same today, equality, change you can believe in, trust us . . . just more of the same. I honestly think that if Jim were aged thirty today, he’d be out there with the creating utopia crowd, because unfortunately, some people never learn. No one owes you anything in life and no government ever created success – at the best you get poverty level welfare and a free mobile phone.

Tahuyaman
05-29-2016, 09:46 PM
SS may seem like a cruel joke, but to millions of seniors, it's their lifeblood. Wise investments are only as valid as the person making the investment based on his/her level of knowledge on the market. The only people who'd be guaranteed to do well would be the clearing houses.

Senior citizens today are not nearly as dependent upon social security as they were in past generations. Besides, SS was not intended to be a person's only source of income. It's an income supplement.

Tahuyaman
05-29-2016, 09:50 PM
I want for everyone who looks down on Social Security and the reason there are much fewer dollars in the coffers to view this excellent video by Senator Rand Paul that explains much of what I said earlier. Paul is correct on this matter!

Senator Rand Paul fights Congress Raiding Social Security Trust Fund in Dead of Night https://www.youtube.com/watch?feature=player_detailpage&v=H_ard0RnuOI



The SS trust fund was raided decades ago. There technically is no trust fund any longer. There's not one penny in this so called trust fund. It's filled with nothing but IOU's. Just promises to pay.

Refugee
05-29-2016, 09:52 PM
I want for everyone who looks down on Social Security and the reason there are much fewer dollars in the coffers to view this excellent video by Senator Rand Paul that explains much of what I said earlier. Paul is correct on this matter!

Senator Rand Paul fights Congress Raiding Social Security Trust Fund in Dead of Night https://www.youtube.com/watch?feature=player_detailpage&v=H_ard0RnuOI



I prefer Ron Paul, because the same is now happening in Europe.

Dr. Ron Paul’s Warning For U.S. Seniors


https://www.youtube.com/watch?v=gsDjI6hY5xo

gamewell45
05-29-2016, 10:04 PM
Senior citizens today are not nearly as dependent upon social security as they were in past generations. Besides, SS was not intended to be a person's only source of income. It's an income supplement.
To those who have no other means of income, its all they have and unless you maxed out on your payments yearly, you won't have much to live off of. When you hear of seniors eating dog food and crackers most of them are not kidding.

Tahuyaman
05-29-2016, 10:20 PM
To those who have no other means of income, its all they have and unless you maxed out on your payments yearly, you won't have much to live off of. When you hear of seniors eating dog food and crackers most of them are not kidding.

senior citizens aren't eating dog food. Get off that tired old line.

Refugee
05-29-2016, 10:28 PM
And still there are those who shout ‘vote Democrat’, they look after you and give you free stuff and you still haven’t learned? Obama, worth $12.2m, the Clinton’s between them $ 111m . . . The money has gone and the same is happening in the UK and in the EU. The West has bankrupted itself by trying to provide equality based entitlement welfare, whilst those elected to represent you themselves became the 1% and you got gay marriage and some food stamps.

"When the people find they can vote themselves money, that will herald the end of the republic."

gamewell45
05-29-2016, 10:47 PM
senior citizens aren't eating dog food. Get off that tired old line.

And your living in a fantasy world too if you believe your line.

Tahuyaman
05-29-2016, 10:54 PM
Where do people come up with these lame stories?

texan
05-29-2016, 10:58 PM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4


(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)


No source and this is presented by:

Editor’s note: Donald Trump regularly incites political violence (http://www.huffingtonpost.com/entry/donald-trump-violence_us_56e1f16fe4b0b25c91815913) and is a serial liar (http://www.huffingtonpost.com/entry/donald-trump-911_565b1950e4b08e945feb7326), rampant xenophobe (http://www.huffingtonpost.com/entry/9-outrageous-things-donald-trump-has-said-about-latinos_55e483a1e4b0c818f618904b), racist (http://www.huffingtonpost.com/entry/donald-trump-racist-examples_us_56d47177e4b03260bf777e83), misogynist (http://www.huffingtonpost.com/entry/18-real-things-donald-trump-has-said-about-women_us_55d356a8e4b07addcb442023) and birther (http://www.huffingtonpost.com/entry/donald-trump-stephen-colbert-birther_56022a33e4b00310edf92f7a) who has repeatedly pledged to ban all Muslims — 1.6 billion members of an entire religion — from entering the U.S.


This is believable because no way this "editor" could be biased........Retard.

Dr. Who
05-29-2016, 11:24 PM
Yes. We could have an insurance plan to cover the rare instances where the markets would under perform SS.

Stock Market History of Returns (http://www.stockpickssystem.com/historical-rate-of-return/)



Decade
Average Return Per year


1900s
9.96%


1910s
4.20%


1920s
14.95%


1930s
-0.63%


1940s
8.72%


1950s
19.28%


1960s
7.78%


1970s
5.82%


1980s
17.57%


1990s
18.17%


2000s
1.07%


2010-2013
16.74%



So if you retired in 1999 you would have been screwed on investments for several years. Imagine retiring or being forced to retire when the ROE was 1%? That means you would have to eat into your nest egg much more rapidly which would mean that your nest egg might not last long enough? Then what? Oh and what if, on top of all of that you or someone near and dear to you suddenly had health care expenses that are not otherwise covered by the private insurance that you can no longer afford, so now you are left with medicare?

SS may also be the difference between eating and not eating if the stock market goes into the kind of meltdown that it did in 1929. Do you think that all of those pre-SS folks in 1929 didn't put away money for their old age, didn't have investments? Unfortunately, that magic money evaporated and those people were left with absolutely nothing to live on beyond whatever they could sell and after they sold everything that they had for pennies on the dollar, they were left with charity.

That doesn't even cover the number of people who have catastrophic financial obligations because of terrible illnesses that befall their wives, husbands and children and don't have anything left to invest. By the way, guess what happens with your investments if there is a divorce? That investment portfolio that would have supported two quite easily, cut in half, will often not support one nearly as well.

birddog
05-30-2016, 07:15 AM
I believe the return of our money put into SS has always been low. If part of SS money was put in Mutual Funds, the return would have been far better over a twenty year time.

Peter1469
05-30-2016, 07:22 AM
SS may seem like a cruel joke, but to millions of seniors, it's their lifeblood. Wise investments are only as valid as the person making the investment based on his/her level of knowledge on the market. The only people who'd be guaranteed to do well would be the clearing houses.

Not if the investments were limited to safe ones like the Thrift Savings Plan. Plus the insurance for the rare times where the markets under perform SS.

Peter1469
05-30-2016, 07:30 AM
So if you retired in 1999 you would have been screwed on investments for several years. Imagine retiring or being forced to retire when the ROE was 1%? That means you would have to eat into your nest egg much more rapidly which would mean that your nest egg might not last long enough? Then what? Oh and what if, on top of all of that you or someone near and dear to you suddenly had health care expenses that are not otherwise covered by the private insurance that you can no longer afford, so now you are left with medicare?

In my post above it starts with the word yes. The next sentence answers your question.


SS may also be the difference between eating and not eating if the stock market goes into the kind of meltdown that it did in 1929. Do you think that all of those pre-SS folks in 1929 didn't put away money for their old age, didn't have investments? Unfortunately, that magic money evaporated and those people were left with absolutely nothing to live on beyond whatever they could sell and after they sold everything that they had for pennies on the dollar, they were left with charity.

Same comment.


That doesn't even cover the number of people who have catastrophic financial obligations because of terrible illnesses that befall their wives, husbands and children and don't have anything left to invest. By the way, guess what happens with your investments if there is a divorce? That investment portfolio that would have supported two quite easily, cut in half, will often not support one nearly as well.

Half is still more than the meager SS handouts. Plus today most people would have their own retirement plans and not one per family.

Bottom line: social security is a piss poor investment. That money could do so much better in the market. And we can have an insurance plan to cover the few times when the market under-performs.

zelmo1234
05-30-2016, 07:36 AM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4


(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)

First you have not had an increase in a long time? Who is in the Whitehouse? Obama? Not Trump.

Second? Can you say that you are getting enough money to live on? SS in it's current form is the worst possible investment, and they Steal you money when you die.

I have posted many times what the minimum wage earner would gain by investing their SS and it is nearly 3 times what the current system would pay, using a very modest rate of return, and when they die, they would leave nearly 400 thousand to their children.

Lets take a look at what the average person earns over a lifetime and see just what could happen in the USA, if the government would stop stealing from the people.

The average monthly Social Security retirement benefit for January 2016 is $1,341. The amount changes monthly.

https://faq.ssa.gov/link/portal/34011/34019/Article/3736/What-is-the-average-monthly-benefit-for-a-retired-worker

So if you take an average Lifetime Wage, scales vary but it is between 34K and 39K So lets take the lower end and use a 401K calculator to see what the difference would be

At the retirement age of 67, the 401K balance will be $621,335.21. It is equivalent to $299,564.19 now in purchasing power.
If withdraw monthly, you can withdraw $4,155.78 per month after retirement. At 67, it is equivalent to $2,003.63 now in purchasing power. At 90, it is equivalent to $1,422.65 now in purchasing power.

So if we would have let someone invest their 6.5% starting when they were 18 and they retired this year, they would have nearly 4200 per month coming in. and when they died they would leave nearly 600 thousand dollars to their family.

Which program would you rather be on?

And I believe that we should still offer the current program, if people want to be stupid, it should be their choice.

Archer0915
05-30-2016, 07:43 AM
SS needs to be scaled back and revamped. Got millions in the bank? You do not need SS!

Peter1469
05-30-2016, 08:16 AM
SS needs to be scaled back and revamped. Got millions in the bank? You do not need SS!

They shouldn't pay into it if they don't get the benefit.

MisterVeritis
05-30-2016, 08:38 AM
Only in your eyes and on the internet...
...and by your own activities.

MisterVeritis
05-30-2016, 08:43 AM
But it sure beats the hell out of being entirely penniless! Besides, it is money that we were forced to pay and have paid to the government that people are entitled to receive in return in their golden years as was promised would be done.

Moral Of the Story: Congress Quit RAIDING the Social Security Trust Fund Only To Later Come Back and Say That It Is No Longer Stable. STABLIZE IT By Returning That Money That You Took To Use For Other Purposes and Then Shut Up!

I see you are gradually coming around. The government took lots of money from you, from us, to fund lots of pet projects. Once the government forced you to pay that money stopped being yours. So why do you object to the idea that the government should be forced to stop stealing money from productive citizens?

If you kept your money and invested it you would be rich, and standing on your feet, instead of penniless and begging on your knees.

MisterVeritis
05-30-2016, 08:47 AM
The SS trust fund was raided decades ago. There technically is no trust fund any longer. There's not one penny in this so called trust fund. It's filled with nothing but IOU's. Just promises to pay.
Those promises to pay are a promise to steal ever greater sums from our children. I believe that promised future theft approaches one hundred trillion dollars.

This is why the economy will collapse.

MisterVeritis
05-30-2016, 08:50 AM
So if you retired in 1999 you would have been screwed on investments for several years. Imagine retiring or being forced to retire when the ROE was 1%? That means you would have to eat into your nest egg much more rapidly which would mean that your nest egg might not last long enough? Then what? Oh and what if, on top of all of that you or someone near and dear to you suddenly had health care expenses that are not otherwise covered by the private insurance that you can no longer afford, so now you are left with medicare?

SS may also be the difference between eating and not eating if the stock market goes into the kind of meltdown that it did in 1929. Do you think that all of those pre-SS folks in 1929 didn't put away money for their old age, didn't have investments? Unfortunately, that magic money evaporated and those people were left with absolutely nothing to live on beyond whatever they could sell and after they sold everything that they had for pennies on the dollar, they were left with charity.

That doesn't even cover the number of people who have catastrophic financial obligations because of terrible illnesses that befall their wives, husbands and children and don't have anything left to invest. By the way, guess what happens with your investments if there is a divorce? That investment portfolio that would have supported two quite easily, cut in half, will often not support one nearly as well.
This is a clear justification for plundering your neighbors.

Tahuyaman
05-30-2016, 08:55 AM
Those promises to pay are a promise to steal ever greater sums from out children. I believe that promised future theft approaches one hundred trillion dollars.

This is why the economy will collapse.

If Social Security had not been tampered with and the trust fund left alone as promised, it would have remained solvent for future generations. But, when politicians see a pile of money, they can't help themselves. They think that they can just take more from us to make it up. Then when people call them out, they put the left wing class envy machine into action.

Did you know that right now, we have millions of people collecting SS benefits who haven't paid into the program. Many of thosecpeoplecare able bodied young men who are not employable because of a variety of reasons.

Tahuyaman
05-30-2016, 09:08 AM
There's also the fact thatmillions of government employees at all levels have stopped paying into the Socisl Security system. It was designed to have 15 to 20 payees for each beneficiary. Today it's closer to a 5 to 1 ratio. It's predicted to be less and less as time goes on. Social Security is unsustainable as is. The problem is that any and all attempts to fix it are fought by the left.

The people who support abusing it complain the loudest and they also are the biggest opponents to fixing it.

Tahuyaman
05-30-2016, 09:20 AM
SS needs to be scaled back and revamped. Got millions in the bank? You do not need SS!

actually, means testing is not required. If it is going to survive, we need to stop allowing government exempting their own employees from the system government administers. Many city, county, state and even federal employees are not participating in the system. It seems odd that government operates this monstrosity, but has exempted millions and millions of government workers.

Peter1469
05-30-2016, 10:13 AM
actually, means testing is not required. If it is going to survive, we need to stop allowing government exempting their own employees from the system government administers. Many city, county, state and even federal employees are not participating in the system. It seems odd that government operates this monstrosity, but has exempted millions and millions of government workers.

Federal employees pay into SS.

Tahuyaman
05-30-2016, 11:32 AM
Federal employees pay into SS.

Not all. Thousands of people empoyed here at the Puget sound naval shipyard do not contribute a dime toward Social Security. This is a fact, like it or not.

Peter1469
05-30-2016, 12:13 PM
Not all. Thousands of people empoyed here at the Puget sound naval shipyard do not contribute a dime toward Social Security. This is a fact, like it or not.

Those must be people hired under the old pay system (https://www.washingtonpost.com/blogs/federal-eye/post/federal-retirement-contributions-questions-and-answers/2012/02/23/gIQArFxsVR_blog.html). It was replaced in 1984.


Employees under the Civil Service Retirement System, which generally covers employees first hired before 1984, pay 7 percent of their salary into the federal retirement fund. They don’t pay Social Security payroll taxes, nor do they earn a Social Security benefit through their federal service. Their entire retirement benefit comes from the civil service fund, unless they earn a Social Security benefit from employment elsewhere. If they do, that benefit is reduced in most cases.

Employees first hired in 1984 and after generally are in the Federal Employees Retirement System. They earn the same Social Security benefit and pay the same Social Security contribution as other workers. Typically that is 6.2 percent of salary, although in 2011 and 2012 (now that a full-year extension has been signed) it is 4.2 percent. In addition, they pay 0.8 percent toward a civil service benefit that is worth roughly half the value of a CSRS annuity for an employee with a similar work record.

MisterVeritis
05-30-2016, 12:20 PM
If Social Security had not been tampered with and the trust fund left alone as promised. . .
If a frog had wings...

I do not think anyone ever promised to not spend the money.

zelmo1234
05-30-2016, 01:24 PM
His proposal came just before the stock crash. You really think it's a good idea to put the millions of ss dollars into the hands of wall street to gamble with? I don't. As to the "do I want more?" The answer is only want the cola to be based upon a standard that provides the changes required to keep up with the consumer price schedule. Thanks to repubs we were iced for scheduled coloa raises several times due to their refusal to pass a budget.

First the best thing that happened to my 401K is the Stock Crash. Because it was managed and at the bottom I had about 1/3 more shares When the market returned to 75% of it's high I was even and the rest was gain.

But Like all managed accounts, at age 55 you start moving into securities, that actually hedge a little against market Crashes. So if you were 55 about half or your money would have been in securities, and the other in the market.

So you would have lost 25%, but at the bottom of the market they would have taken some of your securities to make up for the loss. Now you would be 1 year from retirement and about 80% of your money is in securities. So the money you live on is secure, and the rest is the gravy


The next thing to consider, is if you were all in on the market in 1999, you still would have out preformed SS by about double.


And last, all you lefties hate the rich, and all of you are scared that if SS becomes an investment, that everyone will be broke? But where do you think the rich put their money, I assure you it is not the bank.


So why are they not all broke? according to the left all of the rich people should have been broke in 1999? What happened?

Tahuyaman
05-30-2016, 01:35 PM
Those must be people hired under the old pay system (https://www.washingtonpost.com/blogs/federal-eye/post/federal-retirement-contributions-questions-and-answers/2012/02/23/gIQArFxsVR_blog.html). It was replaced in 1984.

Like i said, thousands of civil servants here do not pay into the SS system.

Tahuyaman
05-30-2016, 01:39 PM
If a frog had wings...

I do not think anyone ever promised to not spend the money.

Uh......... "trust fund".

The social security trust fund was a guarantee that the funds collected were for one purpose only. Once again, government.....a left wing led government violated the people's trust.

It was in fact a promise to not spend the money on anything other than Social Security benefits.

MisterVeritis
05-30-2016, 01:50 PM
Uh......... "trust fund".

The social security trust fund was a guarantee that the funds collected were for one purpose only. Once again, government.....a left wing led government violated the people's trust.

It was in fact a promise to not spend the money on anything other than Social Security benefits.
Wrong.

The Social Security trust fund is merely an accounting device filled with IOUs that future taxpayers must repay. Money comes in. IOUs are written. The money gets spent. There have never been guarantees. There have only been lies.

AZ Jim
05-30-2016, 01:50 PM
If a frog had wings...

I do not think anyone ever promised to not spend the money.It was a TRUST fund until they decided to raid it.

MisterVeritis
05-30-2016, 02:04 PM
It was a TRUST fund until they decided to raid it.
There was never any cash in the so-called trust fund. All that it ever contained was a promise that future taxpayers would be taxed. That promise to tax others is up to around one hundred trillion dollars.

Politicians lied. What can we do? It is against the laws to kill them.

You would have been better off if you had invested your money, yourself.

Peter1469
05-30-2016, 03:08 PM
Like i said, thousands of civil servants here do not pay into the SS system.

I assume that there are not many federal employees left who were hired before 1984.

Tahuyaman
05-30-2016, 04:19 PM
I assume that there are not many federal employees left who were hired before 1984.

Not many. Most of the experienced folks left out of frustration.

But, don't you think its odd that the federal government has exempted federal employees from a federally run system?

Peter1469
05-30-2016, 04:30 PM
Not many. Most of the experienced folks left out of frustration.

But, don't you think its odd that the federal government has exempted federal employees from a federally run system?

They do it all the time. Obamacare is a recent example.

kilgram
05-30-2016, 05:18 PM
I am very happy with my social security :)

However, it is being in danger thank you to the liberals. But, for now, I am great with it.

gamewell45
05-30-2016, 05:36 PM
Not if the investments were limited to safe ones like the Thrift Savings Plan. Plus the insurance for the rare times where the markets under perform SS.

If you start limiting investments to what the government deems are "safe one's" then people are losing the right to invest their monies as they see fit. It's a two edged sword where they'll complain they have no control over their own money.

Tahuyaman
05-30-2016, 05:49 PM
They do it all the time. Obamacare is a recent example.

That demonstrates a lack of confidence in their own ideas, don't you think?

Tahuyaman
05-30-2016, 05:52 PM
Wrong.

The Social Security trust fund is merely an accounting device filled with IOUs that future taxpayers must repay. Money comes in. IOUs are written. The money gets spent. There have never been guarantees. There have only been lies.

I would suggest that you educate yourself on the issue starting when the program was instituted.

It wasn't meant to become the financial fiasco we know today.

AZ Jim
05-30-2016, 06:57 PM
I am very happy with my social security :)

However, it is being in danger thank you to the liberals. But, for now, I am great with it."Splain" how it's a "liberal" problem? How did we squander the fund? I know you have a concise answer, I would love to hear it?

Cthulhu
05-31-2016, 02:33 PM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4


(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)
What is frightening is that so many people even think it is a viable program.

It is insolvent. It relies on a high growth population and a high death rate of people over 65.

Neither is occurring anymore.

Rely on the government at your own peril.

Sent from my evil, baby seal-clubbing cellphone.

Cthulhu
05-31-2016, 02:35 PM
You are not much of a human either.
If you are what passes to be human now days, I'm thankful for the separation of the species.

Sent from my evil, baby seal-clubbing cellphone.

MisterVeritis
05-31-2016, 02:36 PM
I would suggest that you educate yourself on the issue starting when the program was instituted.

It wasn't meant to become the financial fiasco we know today.
Of course it was. Social Security was just one more clever way to get more tax dollars from the citizens disguised as "your" government retirement. It was a lie from the beginning. It was a Ponzi Scheme from the beginning.

Cthulhu
05-31-2016, 02:37 PM
You were lucky, I spent almost the last 20 years of my Moms life supporting her. I was responsible for that because she was my Mom and cared for me when she could and I was too young to care for myself. Many people who haven't had the luck and yes sometimes the insight depend on receiving the social security they paid into all their lives. It sickens me to see a spoiled rich boy who got a fortune to play with from his daddy threaten my social security.
Revel in your sob story.

Drown in your own tears of discontent.

:p

Sent from my evil, baby seal-clubbing cellphone.

Cthulhu
05-31-2016, 02:41 PM
His proposal came just before the stock crash. You really think it's a good idea to put the millions of ss dollars into the hands of wall street to gamble with? I don't. As to the "do I want more?" The answer is only want the cola to be based upon a standard that provides the changes required to keep up with the consumer price schedule. Thanks to repubs we were iced for scheduled coloa raises several times due to their refusal to pass a budget.
Are you under the intoxication that governments never go broke?

Paid attention to Greece? The EU?

How about California? Detroit?

Continue to amuse me.

Cthulhu is pleased.

Sent from my evil, baby seal-clubbing cellphone.

Cthulhu
05-31-2016, 02:45 PM
In closing out my thoughts, I envy you who are so young as to believe your life will forever remain free of the things that befall many around you. I am from a generation that trusted our government. I was born in 1936 the same year ss came into being. I paid it my entire life. I am therefore entitled to it and all older Americans are entitled to some dignity in the final quarter of the game of life. Remember, we paved the roads for you....
You did jack and shit.

Under your watch of dereliction you've allowed the greatest country the face of this world has ever known to decline to what it is now, and what it will decay into.

You are the generation of failed sentinels of this nation's liberty and prosperity.

You've paved the roads to mediocrity and desperation

And the younger generations know it. Let these thoughts comfort you in your twilight years when your care takers are those who care nothing of their elders or ancestors.

Sent from my evil, baby seal-clubbing cellphone.

Tahuyaman
05-31-2016, 03:08 PM
Of course it was. Social Security was just one more clever way to get more tax dollars from the citizens disguised as "your" government retirement. It was a lie from the beginning. It was a Ponzi Scheme from the beginning.

of course it was a pozi scheme in that it collected money from future beneficiaries to pay for current ones, but there was a dedicated trust fund for that purpose only. That trust fund was solvent and healthy until a left wing, tax and spend president, in cooperation with a Democratic congress broke that trust fund.

Cigar
05-31-2016, 03:11 PM
Social security is vacation money in my retirement plan.


What's a Vacation ... when you're Retired? :laugh:

AZ Jim
05-31-2016, 03:12 PM
You did jack and shit.

Under your watch of dereliction you've allowed the greatest country the face of this world has ever known to decline to what it is now, and what it will decay into.

You are the generation of failed sentinels of this nation's liberty and prosperity.

You've paved the roads to mediocrity and desperation

And the younger generations know it. Let these thoughts comfort you in your twilight years when your care takers are those who care nothing of their elders or ancestors.

Sent from my evil, baby seal-clubbing cellphone.Ahhh I have a little fan now....Go ahead and follow, if you get confused just follow the breadcrumbs.....

Cthulhu
05-31-2016, 03:14 PM
Ahhh I have a little fan now....Go ahead and follow, if you get confused just follow the breadcrumbs.....
Bitch please.

Increase your dosage.

Useless eater.

Sent from my evil, baby seal-clubbing cellphone.

MisterVeritis
05-31-2016, 03:15 PM
of course it was a pozi scheme in that it collected money from future beneficiaries to pay for current ones, but there was a dedicated trust fund for that purpose only. That trust fund was solvent and healthy until a left wing, tax and spend president, in cooperation with a Democratic congress broke that trust fund.
Here is the slippery answer from SSA. It has always taken the money and spent it. There is no cash in the trust fund. There are promises to tax future generations.

A1: There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."
Most likely this question comes from a confusion between the financing of the Social Security program and the way the Social Security Trust Fund is treated in federal budget accounting. Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the "unified budget." This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken "off-budget." This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are "on-budget" or "off-budget" is primarily a question of accounting practices--it has no effect on the actual operations of the Trust Fund itself.

Tahuyaman
05-31-2016, 03:22 PM
Here is the slippery answer from SSA. It has always taken the money and spent it. There is no cash in the trust fund. There are promises to tax future generations.

A1: There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. .





That Is absolutely false. That trust fund was raided to pay for the Vietnam war. It was never restored to its prior condition.

MisterVeritis
05-31-2016, 03:25 PM
That Is absolutely false. That trust fund was raided to pay for the Vietnam war. It was never restored to its prior condition.
Given that I copied and pasted that directly from the social security administration website I have no further defense.

AZ Jim
05-31-2016, 04:00 PM
That Is absolutely false. That trust fund was raided to pay for the Vietnam war. It was never restored to its prior condition.All I know is it was not spent on providing the funds to tens of thousands of present and future ss beneficiaries and it pisses me off. I'm ok but what about that old man or woman who is sitting at their kitchen table staring into the half drank cup of coffee and wondering what to do about the medications they cannot afford or in some cases the rent? We can adventure into space, invade other countries, wage wars we have no business in and pay our politicians like kings but not take care of your mom or dad.

Tahuyaman
05-31-2016, 04:08 PM
Given that I copied and pasted that directly from the social security administration website I have no further defense.

You can always pick and choose when to believe the things government agencies feed you.

MisterVeritis
05-31-2016, 04:10 PM
All I know is it was not spent on providing the funds to tens of thousands of present and future ss beneficiaries and it pisses me off. I'm ok but what about that old man or woman who is sitting at their kitchen table staring into the half drank cup of coffee and wondering what to do about the medications they cannot afford or in some cases the rent? We can adventure into space, invade other countries, wage wars we have no business in and pay our politicians like kings but not take care of your mom or dad.
The money was taken based on a lie. The money was spent based on a lie. Everyone in the program today has received as much as they put in or more. Those not on the program will not get back out what they are forced to put in. This is organized crime on a very large scale.

If you did not prepare for your retirement why do you believe it is anyone else's problem but your own?

MisterVeritis
05-31-2016, 04:12 PM
You can always pick and choose when to believe the things government agencies feed you.
You are a piece of work.

AZ Jim
05-31-2016, 04:18 PM
You are a piece of work.There's another word that comes to mind.

Tahuyaman
05-31-2016, 04:20 PM
All I know is it was not spent on providing the funds to tens of thousands of present and future ss beneficiaries and it pisses me off. I'm ok but what about that old man or woman who is sitting at their kitchen table staring into the half drank cup of coffee and wondering what to do about the medications they cannot afford or in some cases the rent? We can adventure into space, invade other countries, wage wars we have no business in and pay our politicians like kings but not take care of your mom or dad.

Your comments would carry more weight if you didn't oppose any and all attempts to fix and protect Social Security.

Tahuyaman
05-31-2016, 04:24 PM
You are a piece of work.

do you believe everything they tell you?

Tahuyaman
05-31-2016, 04:25 PM
There's another word that comes to mind.

only you can't remember what that word is.

MisterVeritis
05-31-2016, 04:26 PM
do you believe everything they tell you?
It is sufficient that I believe this.

Show me your evidence that there was cash in the so-called trust fund up until the Vietnam war.

AZ Jim
05-31-2016, 04:28 PM
only you can't remember what that word is.I was thinking realist (at times).

Tahuyaman
05-31-2016, 04:30 PM
It is sufficient that I believe this.

Show me your evidence that there was cash in the so-called trust fund up until the Vietnam war.


I never said said there was no money until the Vietnam war. I said that the social security trust fund was raided to pay for the war. The raiding never stopped.

Right now, this second, the SS trust fund is broke. It contains only IOU's. Government promises to pay current and future benefits.

MisterVeritis
05-31-2016, 04:36 PM
Show me your evidence that there was cash in the so-called trust fund up until the Vietnam war.

I never said said there was no money until the Vietnam war. I said that the social security trust fund was raided to pay for the war. The raiding never stopped.

Right now, this second, the SS trust fund is broke. It contains only IOU's. Government promises to pay current and future benefits.
Show me that there was cash in the so-called Trust Fund. It should be easy for you to show. Shouldn't it?

The government always spent the money and dropped an IOU for future taxpayers to pay in the accounts ledger.

I am open to evidence that I misunderstand. Provide it.

Tahuyaman
05-31-2016, 04:38 PM
Please, take one side of the issue and stick with it. First you want me to show you proof there's no money there, then you want me yo prove that there ever was....

Is the social security system on solid ground or not?

Tahuyaman
05-31-2016, 04:42 PM
Social security has been in the red since 2010. At least that's when the government admits it went into the red.

People like AZ Jim aren't worried about that, they are only upset that they aren't getting more. They want more. That's all.

Tahuyaman
05-31-2016, 04:45 PM
If one is going to deny that there ever was a dedicated social security trust fund, we can't continue to have a reasonable, fact based discussion.

Peter1469
05-31-2016, 04:54 PM
What's a Vacation ... when you're Retired? :laugh:

First class tickets to Europe. Paid for with SS money, not my planed retirement savings.

MisterVeritis
05-31-2016, 04:56 PM
Please, take one side of the issue and stick with it. First you want me to show you proof there's no money there, then you want me yo prove that there ever was....

Is the social security system on solid ground or not?
You have misunderstood. I suggest a second pass through the reading material.

AZ Jim
05-31-2016, 04:57 PM
Social security has been in the red since 2010. At least that's when the government admits it went into the red.

People like @AZ Jim (http://thepoliticalforums.com/member.php?u=1901) aren't worried about that, they are only upset that they aren't getting more. They want more. That's all.Ok, now you've done it. AZ Jim only wants his cola which is now computed against Consumer price Indexes which do not see inflation trends in the market place that would apply to the average recipient. I never took a single "hand out" and don't expect any. My final expenses are already paid for. Quit working so hard at being an asshole and rely instead in your natural ability to be one.

MisterVeritis
05-31-2016, 04:57 PM
If one is going to deny that there ever was a dedicated social security trust fund, we can't continue to have a reasonable, fact based discussion.
Cowardice is cool.

Show me that there was cash in the so-called trust fund.

Tahuyaman
05-31-2016, 05:50 PM
Ok, now you've done it. AZ Jim only wants his cola which is now computed against Consumer price Indexes which do not see inflation trends in the market place that would apply to the average recipient. I never took a single "hand out" and don't expect any. My final expenses are already paid for. Quit working so hard at being an $#@! and rely instead in your natural ability to be one.

you confirmed my point. You aren't concerned with the long term stability of the program. You just want more.

Tahuyaman
05-31-2016, 05:53 PM
Cowardice is cool.

Show me that there was cash in the so-called trust fund.

either you are trying to play a silly word game with the "cash" thing, or you are denying that there ever was a dedicated Social Security Trust Fund. Which one is it?

After all, we know that there was never any cash, like piles and piles of $10.00 and $20.00 bills locked in a bank vault.

kilgram
06-02-2016, 02:55 AM
"Splain" how it's a "liberal" problem? How did we squander the fund? I know you have a concise answer, I would love to hear it?
Because liberals want to destroy it. They want to finish with social security and give it to private business.

Отправлено с моего Aquaris E5 через Tapatalk

Quicksilver
06-02-2016, 04:37 AM
Because liberals want to destroy it. They want to finish with social security and give it to private business.

Отправлено с моего Aquaris E5 через Tapatalk

Yes of course they do.... In fact I hear that the Democratic platform is going to include the "Privatization" of SS this year.. There's going to be a yooooooge push for it by Sanders and of course Clinton will agree since she is being pulled left.. This of course is in the alternate universe...

Peter1469
06-02-2016, 04:39 AM
Yes of course they do.... In fact I hear that the Democratic platform is going to include the "Privatization" of SS this year.. There's going to be a yooooooge push for it by Sanders and of course Clinton will agree since she is being pulled left.. This of course is in the alternate universe...


Kilgram is Spanish....

Quicksilver
06-02-2016, 06:36 AM
Kilgram is Spanish....

Then he needs to learn about American politics before posting nonsense.

Cigar
06-02-2016, 07:50 AM
Here's a leak from Trumps campaign that should scare anyone on or going on social security. We haven't had a cola in ages, costs rise and rise....

http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4


(http://www.huffingtonpost.com/entry/donald-trump-supports-cutting-social-security-report-says_us_5749db63e4b0dacf7ad515e4)


http://assets.amuniversal.com/804797300aba013463ba005056a9545d.gif

Peter1469
06-02-2016, 03:51 PM
Then he needs to learn about American politics before posting nonsense.I figured he was talking about Spain.