Skip to comments.Who are the Greediest?
Posted on 07/24/2011 5:56:43 PM PDT by UMCRevMom@aol.comEdited on 07/24/2011 7:15:42 PM PDT by Admin Moderator. [history]
Alan Simpson, Senator from Wyoming , Co-Chair of Obama's deficit commission, calls senior citizens the Greediest Generation as he compared "Social Security" to a Milk Cow with 310 million teats.
Here's a response in a letter from a unknown farmer in Montana .... I think he is a little ticked off! He also tells it like it is ! --------------------------------------------------------- "Hey Alan, let's get a few things straight..
You won’t hear any GOP candidate make a speech like this. Pity, too, because this fire is what millions of voters are looking for.
SS payments were just another stupid tax to support those who couldn’t plan.
Anyone who thought they were INVESTING in their future was nuts. Baby Boomers must have been high.
Anyone younger than 50 who thinks he/she will see a dime of SS (other than maybe one of the other uses of SS, such as kids with ADHD who have never put a penny in the system) is crazy.
My retirement planning has SS as a big goose egg. I wish they would just kill the damn thing and be done with it.
My worry is they will come after my 401(k) to subsidize people stupid enough to depend on SS for their Depends.
In about five years, the now large Social Security political constituency is going to start shrinking very quickly. Politicians are looking ahead and preferring their constituents for federal funding to local governments (feminist social programs, public education, police funding, planning offices, that is Agenda 21 and the like, building regulation offices, environmental, etc.).
“Alan Simpson, Senator from Wyoming”
Cannot stand this idiot. I watched him on tv say how he held his nose and voted for all this crap.
He was part of the problem and no solution.
We and our employers have paid this TAX and we deserve the Insurance Benefits.
Pay up or leave town and go do one of those shovel ready jobs.
“My worry is they will come after my 401(k) to subsidize people stupid enough to depend on SS for their Depends.”
Your worry is well-founded because you seem stupid enough to cavalierly dismiss the system of Social Security retirement benefits as a con-game, let the syatem collapse, not hold the Simpsons of the country to account, and call everyone that paid in to the system (except yourself) fools. Your take on the whole thing shows you to be stupid.
I heard the nitwit in chief say the other day that every month, the US sends out some 80 million checks for payments. I suppose most of these are for Social Security, pensions, Medicare and Medicaid reimbursements and unemployment compensation. It seems the political class has achieved its goal of making a large share of normal Americans dependent on their neighbors for sustinence.
How in G-d's name could anybody think this is the vision laid out for this country some 200+ years ago? Would the framers ever have expected that one day, under the country they designed, a free person would have to receive money forced from his working neighbors for his food and his entertainment and his health care?
Is it greed to demand what you were promised when you paid your social security and medicare taxes?
Alan Simpson is a senile old coot and second-generation lifetime politician. He is a favorite appointee to “bipartisan commissions” for Democratic Presidents who know Simpson will embarrass himself and the GOP.
Simpson is best known for brokering the 1986 amnesty agreement, and we all know how this turned out.
I’ve always despised the know it all senator from Wyoming. He’s the poster for term limits. Why on earth do people keep re-electing these people?
.increase taxes dramatically....and for we boomers, its been a HUGE titanic increase because IIRC, the SS tax began at 0.5%....
keeping delaying the payouts ....
and along the way use OUR money for illegals,slackers,drug addled and drunks,the malingerers, etc...
same with medicare....now, its not important that my paycheck pays for everybody else, and now again, its not important that there is nothing left for me....
I understand Robin Hood more and more each day....
we paid because we were ordered to....
>>Your worry is well-founded because you seem stupid enough to cavalierly dismiss the system of Social Security retirement benefits as a con-game, let the syatem collapse, not hold the Simpsons of the country to account, and call everyone that paid in to the system (except yourself) fools. Your take on the whole thing shows you to be stupid.<<
You are misunderstanding my point: People who BELIEVED in SS were and are stupid. When I started work at 17 YO lo those 30+ years ago I could do basic math and figure that out.
They had no choice to pay, no more than any other Payroll tax — but until it is repealed it should be seen as evil at shoved down our throats that must be struck down.
There is no “system” to collapse — it is a house of cards. It will collapse on its own: better we just take it down and call it the failed experiment it was.
It is a “con game” — the biggest Ponzi scheme in the history of mankind. If YOU don’t see that, well, you are welcome to your own version of math.
If you depend on SS for anything other than bubble-gum money, then I pity you.
That’s all well and good but did the email writer not know that his representatives in Congress were spending like drunken sailors and didn’t the people of Montana (like every other state) support geting all the PORK they could possibly get from the Federal goverment?
We are all to blame for this debt fiasco, every damn one of us. We took all the pork and elected Congress people who promised to get us more pork. Muliply that by every Congress person for the last 50 years and you got a whole lot of porkulus.
>>you sound like we boomers had a CHOICE!
we paid because we were ordered to....<<
We didn’t and I didn’t. We also got taxed with “payroll taxes” “car taxes” “taxes for Deaf supplies” “sales tax” and a myriad of taxes we didn’t want and didn’t help us at all.
SS was just another useless tax — a drain on us. My reaction is that it is INSANE to believe we would see anything back on it. And beyond insanity to madness to actually PLAN that we would see anything.
He is greedy, sucks the taxpayers for his salary as senator and now for all the perks and pension he gets from the taxpayers....and all the graft he could collect when a senator...the greedy porker should be ashamed to open his mouth...never held a job in his adult life probably.
“If you depend on SS for anything other than bubble-gum money, then I pity you.”
No need to personalize the discussion, freedumber, because I don’t (depend on it). The fool you need to pity is you. Let’s get back to YOUR worry, the worry you expressed about your 401k. That is what you should worry about, because it is a government creature as much as SS, and it will crash with the markets. After all, any bond, note, security, whatever is nothing but a promise to pay and when markets collapse, so will your prized 401k, and it isn’t backed up by the power to tax. You are just too stupid to realize that you may be grateful for the SS retirement benefits you paid into for a whole 30 years, and which you will probably be paying into for another 20 years, at which time you will collect them, and then be glad you did pay into the system.
So is there a link to a story here that I missed?
So quit paying your payroll taxes and see what happens.
The problem is that according to the LAW you werent PROMISED anything. The supreme court has ruled on that. You are forced to pay and the government is not REQUIRED to give you anything back.
“His take on the situation is realistic.”
His and your take on the situation is simplistic.
(courtesy ping to Skalgar)
Well, gnat, all you have offered is ad hominem.
Are your math skills so rusty you can’t see a simple Ponzi scheme before your eyes?
Do you think this was anything other than a stupidity tax that should be shut down as soon as possible?
Are you actually saying SS was a good idea that should be continued? And that anyone (actually of any age) should actually depend on it in their retirement planning?
SS should be shut down ASAP — the contributors given back their money to invest as each sees fit. Cut it off next year — by that time we will be in the early wave of Boomers, who should have known better.
Or do you also suggest we reward more bad decisions?
Ever hear of the Economic principle of “sunk cost?
(for lay people that is “good money after bad”).
>>So quit paying your payroll taxes and see what happens<<
You don’t control that, unless you are the employer.
That isn’t an argument — it is just a silly statement with no forensic value.
>>No need to personalize the discussion, freedumber, because I dont (depend on it). The fool you need to pity is you. <<
Apparently you do depend on it. You are the fool to pity (see below).
>>Lets get back to YOUR worry, the worry you expressed about your 401k. That is what you should worry about, because it is a government creature as much as SS, and it will crash with the markets. After all, any bond, note, security, whatever is nothing but a promise to pay and when markets collapse, so will your prized 401k, and it isnt backed up by the power to tax. <<
I gather you don’t have a 401(k) and are hoping that SS will support you in your dotage. And do you think my 401(k) is my only retirement investment? It is a hedge at best. Its value may fluctuate, but in the long haul I am OK with my portfolio. Taxing it will just piss me off, it won’t break me. And if SS disappears tomorrow, it won’t mean anything to the markets because it doesn’t have any capital base nor investment (such as CalPers) to affect the markets. It might freak the bond markets out for a few months, then all will settle back into equilibrium.
>>You are just too stupid to realize that you may be grateful for the SS retirement benefits you paid into for a whole 30 years, and which you will probably be paying into for another 20 years, at which time you will collect them, and then be glad you did pay into the system.<<
Reading is FUNdamental SS is ZERO in my retirement planning. If it is there, I will use it for leisure and what have you. Hats, vacations, maybe a nicer car, that is what SS will do for me.
You sound like quite the little New Deal supporter. Are you on the right board?
It is not greed to expect to receive what you were promised. But I think you are overstating the case when you imply that contributions to SS and medicare fully paid for the benefits. They did not especially in the case of medicare. Congress never had the courage to raise the contributions or cut SS benefits to reflect the real cost of the benefit as age expectancy increased in the US. That is why we are now in this bind. Medicare costs this nation 900 billion a year and we collect about 10 per cent of that in FICA medicare contributions.Both programs need to be reformed, particularly medicare. Those currently receiving these benefits or close to receiving them should retain them. But for those younger than 55, we need a complete overhaul of medicare.
“by that time we will be in the early wave of Boomers, who should have known better.”
>>It is not greed to expect to receive what you were promised.<<
I do want to point out — it isn’t greed, just extremely extremely naive (to the point of stupid — sorry, but that is just the truth). And that is no way to do long term planning.
Sorry — maybe I had a brain fart but I don’t know to what you refer. Human Resources? House Response? Happy Rabbit?
Just explain it then.
>>Just explain it then.<<
The ADD is real apparently.
by that time we will be in the early wave of Boomers, who should have known better.
If you are trying to set me up with something, at least provide some context so I and everyone else can see the set up.
>>The ADD is real apparently.
by that time we will be in the early wave of Boomers, who should have known better.<<
Is English your first language?
That is your post.
>>That is your post.<<
Put down the bong and step away.
Ask a complete question, sans acronyms and I will answer it. Please use full grammar: beyond simple NVN — please use adjectives, linking verbs, and adverbs to create cohesive and full sentences and thoughts.
Or quit pestering me.
Spit it out in whatever language you are most comfortable with.
You make no sense, you aren’t asking a question, you are posting gibberish.
Just go away.
And I repeat my suggestion you step away from the bong.
4 words — good to see some progress. Still no context, no meaning, no question.
Good dope, eh?
Click the link under the headline that says “[history]”...
You made a statement in #26 and I ask you to explain it. Now you try to reduce me to bong-hitting pothead. BTW Rachel Maddow is still undetermined you flake.
There you go again, trying to personalize a discussion when nobody gives a flip about your stupid retirement plans, or mine, and you making all kinds of stupid irrelevant assumptions, when what you “gather” is completely wrong and irrelevant. What you don’t quite get is that SS (and Medicare) are politically popular prgrams that the majority of voters do want to see continue, whether they benefit by not having to worry about their parents medical and daily needs and independence, or by knowing there is a last-resort for them if their 401k does disappear so they don’t wind up eating dog-food like you probably do out of ignorance. It is you who is on the wrong board because you don’t have the sense to be able to discuss what is simple political reality, thinking it’s genius to cite the 80 year old origin of the program-in-question, without resorting to name-calling, which is what you started out doing in your first post.
Your still an idiot. Get back to the question.
>>Your still an idiot. Get back to the question.<<
Don’t you mean “you am idiot?” And there is no question posed.
>>You made a statement in #26 and I ask you to explain it.<<
You have made no such request. Or if you did, it was so nonsensical as to be unanswerable.
Re-ask in English and I will attempt to answer.
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