Just go out and take a plane somewhere and just see what they are more than willing to do.
Posted on 07/16/2011 3:58:48 PM PDT by Kartographer
it most assuredly is. And so is Medicare. Here is the sad reality.”
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I am not saying that it is not mismanaged, and I understand your point.
It is, however, still a fund that we all pay into, expecting a return.
I do not put it into the same category as a “tax”, even if it winds up being used the same as a tax.
I’ve been to dozens, if not hundreds, of gun shows. Never once have I seen anything of the kind, and there is no shortage of minorities of every stripe at the shows I’ve been to.
You can expect anything you want but the money is gone. There is no "trust fund" and there never was. The so called trust fund is just an accounting fiction designed to dupe the public into agreeing to pay the tax.
There is no money to pay yours or anybody elses "benefits" other than funds raised through current tax revenues or borrowed by floating new treasury debt. And the obligations are now so huge that no amount of taxing and borrowing can pay the bill. That is why the game is now over.
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Gas is up 30+ cents a gallon in my part of Virginia.
In the past few months I've had a couple of people (not homeless bums) come up to me in the grocery store and ask me to buy groceries for them.
If no ballot box....then at least a cartridge box.
“Just go out and take a plane somewhere and just see what they are more than willing to do.”
And just as long as we react like the Jews did under Hitler, there’s NOTHING we can do...
As I stated in December 2008, Obama will be a one-term wonder because the economy will still be terrible in 2012. It didn’t take a genius to see this.
Thanks!
Well obviously then I must be a liar then, right?
they were armed, I wasn’t. have at it
“Obama’s going to pay for my gas, my mortgage...”
This video is depressing, buy it’s a classic.
http://www.youtube.com/watch?v=P36x8rTb3jI
trek, AlexW, I watched the interaction between you too, and all I can say, is finally someone (trek) gets it.
Social Security was never insurance, and never was workable. No matter what you do in life, you MUST account in terms of labor worked. Because, you see, that’s the only thing that matters. It matters not whether something is termed in oyster shells, dollars, beads or trinkets, what matters it what it takes to produce the goods you use. And while dollars may make that more easily convertable, it always must be understood that behind every asset valued in dollars, there is a corresponding principle of labor in hours worked.
Now then, having said that, the entire concept of social security is not only stupid, it would take the most ignorant of persons to think it even CAN work (It CANNOT). The fact of the matter is that for everyone living off of a pension, security, dividend, and whatever else, someone else must be producing (or have produced) in order for that first person to live off of the “benefit.” Presumably, for social security to work, a person would have to give up one half of their living (measured in man hours) for an equivalent amount to the time desired to live while producing nothing (Never happened nor will), or a corresponding ratio (ie. 25% for 40 years would yield 10 years of ease). Or, someone else is paying for the benefit (slave labor), while the first is living in ease. That has been the case during the entire time of social security’s existence, from those first beneficiaries down until now (since it NEVER was the case that folks paid half of their incomes, for half of their adult lives, nor even 25%). Nor does this facter the loss of money to Social Security disability or survivor benefits, althout to be fair, Social Security was SUPPOSED to supplement your own savings for retirement, but anyone intelligent enough to know that and act on that fact, and prepare, also knows that the Social Security program can’t work, and probably doesn’t rely on it for anything.
Furthermore, the U.S. ran out of money decades ago, and since we are running a deficit, it’s not even our own populace who is slaving away for social security, it’s the foreigners buying our debt. We have been losing, not saving, not investing, not hoarding, not preserving, but losing TRILLIONS over the years. This represents millions and billions of man hours of work. The rest of the world is tired of paying for our deficits (If the seniors had truly been forced to pay for the country’s deficits through taxation, they would have cared enough to stand up decades ago). The collective youth (under 40) in our own country are tired of being financially pillaged for someone else to live in ease, whether it be open welfare recipients or social security takers. I have met few seniors who are worried about the burden they so willingly place on society through the pillage by proxy of Social Security, Medicare, et al. As another Freeper put it “They’ll say they’re fighting to save their grandchildren from the debt, while happily placing the burden on someone ELSE’s grandchild.” Eventually the youth being forced to pay for the distibution of wealth are going to get really ticked off, it’s already happening, worldwide. Unfortunately, the Elitists and Communists are directing the very appropriate anger, and channeling it towards the wrong ideas (namely to steal, or “tax,” from the middle and production classes, what was stolen by the elites—the communists and politicians themselves).
Social Security is stupid, and unpaid for. There is No money. No one is entitled to social security (Communism by any other name), and it’s going to end, and the sooner the seniors quit acting entitled, the sooner they can prepare for the future. Because the smart choice is to repent of the evil they’re trying to foist upon everyone else, and ask for financial help in sackcloth and ashes, if that’s what they need. In any event since communism (Including the idiotic “Social Security”) never has worked, and never will work, the debate is over, either the social security is abolished, or the nation defaults (and I’m not talking about the debt ceiling nonsense, I’m talking Weimar Republic), and social security is abolished. Because while fiat money makes hiding the fact (that communism doesn’t work) easier, eventually it all boils down to the amount of labor required. And the labor required to pay for an hundred million people (eventually) to not work, is BILLIONS of hours of labor. And someone has to perform that. There is none saved up. It’s time to get real and end this idiocy.
In any Ponzi scheme the amount of the fraud is the difference between the total amount of money collected from the marks minus the amount returned to the marks to maintain the charade. How kind of the Federal Government to make this number available to us. If memory serves the number for Social Security is on the order of two trillion dollars. This represents the net tax revenues raised by the payroll tax not paid out to beneficiaries and therefore available to the politicians to buy votes by other means. This should reveal to all but the willfully blind why this fraud has had such powerful bipartisan appeal.
Agreed. And you’re right, it does provide a meanful number to the amount pillaged from the people. If we used only today’s money (a conservative number), and an average salary of 40K, then $2,000,000,000,000 is equal to roughly 50,000,000 years of work for one person, or one year of work for 50 Million people. Now then the number of baby boomers is approximately 75K (At least there were about 76K born), so lets say after mortality, 60 Million persons.
The number of retired would swiftly and decisively overwhelm the number of producers, which is why some expert are saying the true SS liability is over 200-300 trillion dollars. Tht amount of money is incomprehensible. That’s why it must be figured in man hours. Because if you said every man, woman and child in the country would have to slave for nearly 25 years (Using 40K mean salary X 300 Million people X 25 years=300 Trillion) to pay that kind of liability (Paid out at 40K per year, but SS is admittedly less), then you see why it cannot work. Only if the rest of the world is willing to donate their labor (as their governments have been taxing them and lending us), could it even work. And that’s not going to happen in those numbers. The game is up.
Social Security not a handout?
The first recipient, Ida May Fuller, paid a little under $25 over the course of her working life.
During the course of her retirement, she collected over $22000.
She's an extreme case, but most people who have been retired for a few years collect back everything they paid in the first two or three years of their retirement.
After that, it's most assuredly a handout.
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