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The Young and the Ripped-off
Opinion Journal ^ | 6/24/05 | Stephen Moore

Posted on 06/24/2005 2:35:57 PM PDT by qam1

The Young and the Ripped-off

It was just about 35 years ago that the youth movement made one of its most famous imprints on American history when thousands of college kids and 20-somethings marched on the capital in Washington to protest the Vietnam War. The peacenik hippies commanded headlines by burning their draft cards and reciting the memorable chant: "Hell no, we won't go."

Well, the youth movement is alive and well in America, but this time the students aren't denouncing war, but taxes -- Social Security payroll taxes to be precise.

This Sunday, several thousand college-aged kids (Generation-Y) and young professionals (Generation-X) will participate in the Storm for Reform protest in Washington on Capitol Hill. Students will be bused in from across the east coast, from Pennsylvania to North Carolina. And how's this for a blast from the past: Instead of burning draft cards, these student protestors plan on shredding their Social Security cards. "Social Security is a miserable deal for today's young people," says event organizer Jessica Colon, director of Fix Our Future.com. "My generation gets the joke that we will have to pay in all this money in taxes, and won't get anything out of it."

On a separate track, another youth group, Students for Saving Social Security, will be pounding on Senate and congressional office doors this week and next to demand a modernization of the system. Olympia Snowe's Senate office will be one of the first to be visited.

What these students want is large personal accounts for Social Security so they can invest the money themselves. As. Ms. Colon points out, today's youth are equally distrustful of big government and big business. "They're hostile to the idea of someone else controlling their money." The polls support this conclusion. By about a two-to-one margin

(Excerpt) Read more at opinionjournal.com ...


TOPICS:
KEYWORDS: genx; geny; olympiasnowe; privateaccounts; socialsecurity; stephenmoore; stormforreform
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Info for The Storm for Reform

http://www.fixourfuture.com/

1 posted on 06/24/2005 2:35:58 PM PDT by qam1
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To: qam1; ItsOurTimeNow; PresbyRev; tortoise; Fraulein; StoneColdGOP; Clemenza; malakhi; m18436572; ...
For anyone interested, I wish I found out about this sooner

Xer Ping

Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.

Freep mail me to be added or dropped. See my home page for details and previous articles.

2 posted on 06/24/2005 2:39:41 PM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: qam1
How can those born from 1965-1981 be Reagan generation? I worked Nixon campaign in 1972. They couldn't vote then. I also worked Reagan in 1981. They couldn't vote then. In fact, most of them began to vote during.... let's see...

um... Clinton.

Promoting conflict between the generations will not solve this problem. It's also stupid.

3 posted on 06/24/2005 2:51:39 PM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels

I think it's comments like that...that create generation conflict. That's just my opinion, though.


4 posted on 06/24/2005 3:00:36 PM PDT by Rushgrrl (~brought to you from the illegal-rich state of California~)
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To: Hi Heels
How can those born from 1965-1981 be Reagan generation?

See We’re Not Gen-X, We’re Gen-Reagan

It explains it better than I could

5 posted on 06/24/2005 3:15:12 PM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: Rushgrrl
I didn't start it. This did...

"The Baby Boomers) are doing that Gen-X and Y will end up paying for. "

6 posted on 06/24/2005 3:32:04 PM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: qam1

Nah. If you didn't help vote the guy in, ya don't get to use his name. No tickee no washee.....


7 posted on 06/24/2005 3:33:31 PM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels

They should have our support..current plan calls for the to pay in 14% for around 45 years and the return on that is near zero..or negative. They should be burning the capitol building.
They are also right not to trust their employers with it either. I hope we didn't raise a bunch of dumb kids.
Maybe they will wise up and realize who votes against them.


8 posted on 06/24/2005 5:34:56 PM PDT by Oldexpat
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To: Oldexpat

Now..will it get any MSM coverage?


9 posted on 06/24/2005 5:35:30 PM PDT by Oldexpat
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To: Oldexpat
Now..will it get any MSM coverage?

Naw.

10 posted on 06/24/2005 5:53:30 PM PDT by MinorityRepublican
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To: Oldexpat

Ten dollars says FoxNews won't even touch thus with a ten-foot pole. Too divisive. It might offend the Washington Post.


11 posted on 06/24/2005 8:08:05 PM PDT by GoBucks2002 (MSM now stands for "Muslim Sympathizing Media." http://yankeered.blog.com)
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To: Oldexpat
One of the last things I read from an X Gen compatriot was that the boomers should be humanly euthanized at age 70. This was followed by several beer burping "here here"'s. On this forum. So, my sympathy is waning. Been working since age 16, nearly 40 years, and was never given a choice as to SSI contributions. Have my own fund as well, and am sure this will eventually be worked out. BUT and it's a BIG BUT, I'm not going to tolerate this "boomers are ripping us off" crap. I owe none of them nothing. Period. Paid my way every inch of the way, raised my kid by myself, worked GOP precincts since I was of age (again years), and do not deserve that kind of treatment from young punk wannabe conservatives thrashing around looking for someone to blame for the failure of an antiquated system rather than working for/towards a solution to a problem that will eventually effect their spoiled rotten carcasses. /rant
12 posted on 06/25/2005 10:11:15 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels
One of the last things I read from an X Gen compatriot was that the boomers should be humanly euthanized at age 70. This was followed by several beer burping "here here"'s. On this forum. So, my sympathy is waning. Been working since age 16, nearly 40 years, and was never given a choice as to SSI contributions. Have my own fund as well, and am sure this will eventually be worked out. BUT and it's a BIG BUT, I'm not going to tolerate this "boomers are ripping us off" crap. I owe none of them nothing. Period. Paid my way every inch of the way, raised my kid by myself, worked GOP precincts since I was of age (again years), and do not deserve that kind of treatment from young punk wannabe conservatives thrashing around looking for someone to blame for the failure of an antiquated system rather than working for/towards a solution to a problem that will eventually effect their spoiled rotten carcasses. /rant

Hey, I feel for ya.

I paid my first Social Security tax in 1969 and have been paying ever since.

However, we have not been paying "our way". All this time, every cent we paid went directly out the door to pay for retirees who were paying into a system that was started when there were ten workers for every retiree.

When FDR first came up with this Ponzi Scheme in the 1930's, even he admittted that some changes to the system would be necessary by the 1960's. However, no politicians ever had the guts to fix the mess.

When we retire, there will be two younger workers for everyone of us and they KNOW that, after they support us, there will be on their own as the system will sink.

Back in the 1970's and 1980's OUR generation should have been making a stink about Social Security but we never did. Our generation hoped that the Ponzi Scheme would at least hold up until we croaked in the 2030's.

As for me, I figured this out a long time ago and I have saved for my retirement with the assumption that there will be zero Social Security.

13 posted on 06/25/2005 10:26:58 AM PDT by Polybius
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Comment #14 Removed by Moderator

To: T.Smith
Let me think.....

Fostering 7 dogs

Freep at the Oscars

GS Leader

Reagan Museum FR Memorial coordinating

Single mom

Young republicans

Nixon's campaign

Reagan's campaign

McCormick's campaign

Pastor

Other than that I DO support bonafide work towards a resolution. I do NOT support comments like this: "including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for" or "maybe the boomers should be humanly euthanized at age 70". I find those comments and this viewpoint destructive and disrespectful. Kind of like the word "jerkoff".

So, other than NOT working the precincts, what have YOU done?

15 posted on 06/27/2005 7:21:42 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels
Let me think.....

Fostering 7 dogs - Dogs don’t vote.

Freep at the Oscars - Which accomplishes what?

GS Leader - So?

Reagan Museum FR Memorial coordinating - Again, which accomplishes what?

Single mom - A lousy life decision that does more harm than good

Young republicans…

Nixon's campaign…

Reagan's campaign…

McCormick's campaign…While I am a Reagan supporter, I don’t support doctrinaire Republicanism

Pastor - I’m also not a supporter of denominations who ordain single mothers.

Other than that I DO support bonafide work towards a resolution. I do NOT support comments like this: "including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for" or "maybe the boomers should be humanly euthanized at age 70". I find those comments and this viewpoint destructive and disrespectful. Kind of like the word "jerkoff". - If the shoe fits. How can you say that putting up a website to inform people of a protest at the Capital in support of SS reform is not “bonafide” work? Are you so much better for having “worked the precincts” of a party that has done NOTHING to make things better with respect to SS?

So, other than NOT working the precincts, what have YOU done? - I can tell you what I won’t do. I won’t work to elect Republicrats who have done nothing on this issue and promise to continue to do nothing.

16 posted on 06/27/2005 8:48:55 AM PDT by T.Smith
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To: qam1

Think this is bad......wait until the LaRaza types starting bitchin'about paying in SS for all those washed up, aging white people.


17 posted on 06/27/2005 8:54:19 AM PDT by american spirit
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To: qam1
Jeez, a lot of bitterness here.

Good.

All Social Security has ever done has been to relieve the greatest generation of their duty to support their parents in their old age, to remove the most productive workers from the workforce, and to keep the Cracker Barrels and the Golden Corrals in business.

18 posted on 06/27/2005 9:05:24 AM PDT by HIDEK6
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To: T.Smith
How can you say that putting up a website to inform people of a protest at the Capital in support of SS reform is not “bonafide” work?

I did not say that. AT all. Anywhere. So, besides not working at the precincts, fostering dogs, etc., you do....nothing. Right? Except insult people.

19 posted on 06/27/2005 9:10:59 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: T.Smith
Pastor - I’m also not a supporter of denominations who ordain single mothers.

The discussion is over.

20 posted on 06/27/2005 9:15:16 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels

The boomers are ripping us off, and we won't stand for it.


21 posted on 06/27/2005 9:19:15 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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To: rwfromkansas; j.robinson

Like the boomer who owns this forum?


22 posted on 06/27/2005 9:21:24 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels

That said....let us invest our money in private accounts instead, and the problem is solved.

I won't feel sorry for the boomers who thought SS would get them through.

Tough cookies.

Unfortunately, the boomers don't support our efforts to give us Gen-Yers some economic freedom.

So yes, you are ripping us off by trying to keep us on the govt. teet. And by the time you steal all the money from the SS system, we will be left with nothing.

Thanks.


23 posted on 06/27/2005 9:21:48 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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To: Hi Heels
Nah. If you didn't help vote the guy in, ya don't get to use his name. No tickee no washee.....

I didn't get the privelege of voting for the man, since the first elections that found me of voting age were '88. However, President Reagan was my Commander in Chief for the first year and a half of my enlistment so I think I'll claim him with or without your permission. Thank you.

24 posted on 06/27/2005 9:21:53 AM PDT by flada (Y2K? What are you selling, chicken or sex jelly?)
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To: Hi Heels
"I did not say that. AT all. Anywhere...

Hi Heels, earlier in the thread.."thrashing around looking for someone to blame for the failure of an antiquated system rather than working for/towards a solution to a problem that will eventually effect their spoiled rotten carcasses."

Sounds to me like you accused them of doing nothing. And, FWIW, I foster Golden Retrievers for the local Golden rescue. I didn't mention it before because it has zilch to do with politics. I've also taught Sunday School. Again, it's irrelevant. Speaking again to the topic, in my book not working the precincts IS doing something.

25 posted on 06/27/2005 9:23:13 AM PDT by T.Smith
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To: rwfromkansas
Personally I have said an hundred times on this forum that I do support and HAVE a private account. I do not abide disrespect such as "let's humanly euthanize them", "the boomers are ripping us off",etc. Read for context.

And if you gen xers continue to rile a voting force like the boomers in this fashion, I can only say.... "tough cookies" right back atcha.

26 posted on 06/27/2005 9:25:55 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels

Well, I am glad you support private accounts.

Now if only most of your peers would do the same.


27 posted on 06/27/2005 9:33:02 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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To: T.Smith

I was speaking about the comments about "boomers are ripping us off" and "let's kill them before they can collect", etc. I have, and why don't you review, said that I HAVE MY OWN ACCOUNT AND SUPPORT PRIVATE ACCOUNTS. I've even said on several threads that I would support an older retirement date. Nowhere did I say I'd tolerate disrepect. Calling someone "jerkoff" does nothing to further any conversation with me on any level. And, as you said, fostering animals and teaching sunday school certainly doesn't futher correction of the problem. So, what have you done besides work against the only party that might hear you? Doing nothing resolves nothing. On my side, telling you what I DO volunteer for might give you a clue that I'm not a "jerkoff".


28 posted on 06/27/2005 9:33:22 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: flada
The discussion is Social Security, not your service. And before I'm flamed to a crisp, two brothers, Vietnam, one did not come back. Father, AF Colonel. Sisters, two, Navy. Nephews, 6 Marine and Army. I've worked for the AF and the Navy as a civilian.

Currently I work two full time jobs. Accountant and Pastor. Part of some of the work I do is fostering animals the men from the local base can't take with them when they ship out. I appreciate your service. I welcome your support of Reagan's memory. But some on this thread are not as worthy and are disrespectful.

29 posted on 06/27/2005 9:48:45 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: rwfromkansas; Hi Heels

How am I ripping you off and what will you do about it. I have paid in since 1969 when many of the retirees were drawing from something they never paid into.

LBJ raped social security during his reign of terror. So blame him.

Most boomers have separate private accounts and never relied on the plan being there.

So how do you deem WE are ripping you off? The dems fight reform and it is they who are ripping you off. So quit attacking like thinkers. Are you trying to dwindle your support?


30 posted on 06/27/2005 10:20:06 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: rwfromkansas

Until this thread I thought you had walking around sense. I now see I was wrong. Go sit down.


31 posted on 06/27/2005 10:21:26 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: Hi Heels
They couldn't vote then. In fact, most of them began to vote during.... let's see... um... Clinton. John Engler

There. That's Better.

32 posted on 06/27/2005 10:21:33 AM PDT by Dan from Michigan (Stop the Land Grabs - Markman, Taylor, Young, or Corrigan for SCOTUS)
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To: Conspiracy Guy
LBJ raped social security during his reign of terror. So blame him.

That's where most of my blame goes. Him and FDR.

33 posted on 06/27/2005 10:24:09 AM PDT by Dan from Michigan (Stop the Land Grabs - Markman, Taylor, Young, or Corrigan for SCOTUS)
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To: Hi Heels
Pastor??

Looking at your posts you are an embarrassment to the clergy.
34 posted on 06/27/2005 10:24:53 AM PDT by k2blader (Was it wrong to kill Terri Shiavo? YES - 83.8%. FR Opinion Poll.)
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To: k2blader

Judge not....


35 posted on 06/27/2005 10:25:45 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Dan from Michigan

FDR created it. LBJ raped it (took the real money and spent it). Every dem since wants to keep it to help keep the poor, poor.


36 posted on 06/27/2005 10:25:59 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: Conspiracy Guy

Would you support making SS voluntary for everyone? Yes or no?


37 posted on 06/27/2005 10:26:29 AM PDT by k2blader (Was it wrong to kill Terri Shiavo? YES - 83.8%. FR Opinion Poll.)
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To: k2blader

Yes. Being 51 I could stand to increase my private savings by the amount I pay into the dead plan. I could retire earlier.


38 posted on 06/27/2005 10:28:09 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: k2blader

Next question


39 posted on 06/27/2005 10:28:23 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: Hi Heels; T.Smith

Given the fact that you two seem to agree with the premise of SS private accounts, I'm not sure what you're arguing about. Seems to me there are enough fights to be had without attacking those of a like mind.


40 posted on 06/27/2005 10:29:08 AM PDT by NittanyLion
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To: Hi Heels

You're a pastor and you don't even understand the meaning of Matthew 7:1 and Luke 6:37??

It's bad enough when laypeople misuse those.


41 posted on 06/27/2005 10:30:14 AM PDT by k2blader (Was it wrong to kill Terri Shiavo? YES - 83.8%. FR Opinion Poll.)
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To: Conspiracy Guy

You disagree that most boomers are strongly opposed to the young people having economic freedom?


42 posted on 06/27/2005 10:30:15 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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To: k2blader

Do not attack the lady on a personal level.


43 posted on 06/27/2005 10:30:36 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: k2blader

I understand disrespect. And I've experienced it here this morning. I've said NOTHING that compromises my ideals or faith. Can you say the same?


44 posted on 06/27/2005 10:31:27 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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To: Hi Heels
So, what have you done besides work against the only party that might hear you?

Therein lies our difference. I do not believe the Republican party will hear me. I do not believe they are interested in reform. I do not believe helping them get elected is helping our country. I voted for GWB and I feel betrayed because of it.

45 posted on 06/27/2005 10:31:39 AM PDT by T.Smith
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To: Conspiracy Guy

Huzzah! I have no argument with you. Just with others I've come across who find the idea as repugnant as they find the Democrats.


46 posted on 06/27/2005 10:31:52 AM PDT by k2blader (Was it wrong to kill Terri Shiavo? YES - 83.8%. FR Opinion Poll.)
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To: Conspiracy Guy

I am not criticizing those of you who support us, just those who don't, which is the vast majority of older folks.


47 posted on 06/27/2005 10:32:25 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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To: qam1

Get used to it. It's the government's money. It's the government's land.

I think I'll write a new song. "This land is Uncle Sam's. This land is Uncle Sam's. From California to the New York Islands. From the redwood forests to the . . . This land was made for Uncle Sam."


48 posted on 06/27/2005 10:36:46 AM PDT by petitfour
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To: rwfromkansas

It is not the vast majority. It is the left and the poor planners. Sure a 60 year old expects something back. They have 40+ years of theft by the government.


49 posted on 06/27/2005 10:45:32 AM PDT by Conspiracy Guy (Warning.... Contents under pressure....)
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To: rwfromkansas
I don't agree. I think most of us 50 and above support any vision that would resolve the problem. I realize there is a large vocal group of boomers who are screaming bloody murder, but they, even with the warning of SSI BK STILL aren't making arrangements to support themselves in the future. In my mind, that's foolhardy. But, for the most part, responsible people over the age of 50 are doing what they've been doing all along. WORKING.

However, insults, disrespect of your elders and shrill name calling won't solve anything. More of a liberal response. In fact, it might sway the vote the other way....

I have not, not one time, disagreed with the premise that something needs to be done, that resolution is needed now. My objection is to be called names, accused of "ripping" off the next generation, insults about my faith, etc. Want the vote to go against you? Just keep that up. Debate is two adults presenting points, not this. I'll pass.

50 posted on 06/27/2005 10:48:25 AM PDT by Hi Heels (Guns kill and cause crime? Dang, mine must be malfunctioning....)
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