Posted on 03/13/2011 8:02:16 PM PDT by Tolerance Sucks Rocks
LBJ removed Social Security from a “trust fund” and put it into regular spending to give the illusion of a balanced 1969 budget. The American people then voted for Nixon, who turned around and expanded the LBJ programs! The American people don’t read the fine print from politicians.
Sadly many freepers are still in utter denial as t reality in that respect.
The government forcibly taxed them for years, and now they want "what they deserve". There seems to be this thought among many freepers that the federal government is an honorable, trustworthy institution and that promises will be kept. The idea that government put a gun to their head and just completely robbed them seems foreign to many here. They cannot grasp it. They want the mugger to send them monthly checks and are shocked at the thought that this may not actually occur.
Its like Madoffs’ victims demandng all their money back and waiving their monthly statements around.
Did you see my thread about a month ago where P. Schiff got the trustee of SS to admit THERE IS NO TRUST FUND?
“Weve been TAXED, and the funds have all been spent...”
And guess who spent that money? The politicians. We can start righting the SS ship by confiscating the wealth of all the politcians and attendant leeches who stole that money. Let’s start by confiscating the wealth of LBJ, including all cash and property.
I saw it. The truth is out there, but some refuse to see.
LBJ removed Social Security from a “trust fund” and put it into regular spending to give the illusion of a balanced 1969 budget. The American people then voted for Nixon, who turned around and expanded the LBJ programs! The American people don’t read the fine print from politicians.
Exactly. Anything I would receive would be taxed, printed, or borrowed.
Which is of course why I put in on my list.
....just keep that cash register ringing!
And the delima my family is in now is take off to Costa Rica and retire in luxury for $1,000 a month (husband's choice)or stay on our farm and provide safety and sustenance to our extended family who are all living in the city and will come running to us when and if it collapes.
100% right on the money.
FDR pulled the perfect sting on the populace. In those days, life span was average less than the retirement age, so the gov got to keep all that boodle.
it is still a tax, but now, the unwashed masses got the nerve to live longer, curses, foiled again. What to do, what to do?
Oh, hey, how about we move the retirement age?
Everybody nods in agreement at the wonderful and sage wisdom demonstrated, while they are being stung once again.
Fools.
The interest on money in SS does not exist
The biggest potential liability is Medicare, anyway, which will end up dwarfing Social Security if nothing changes.
I totally agree it needs fixed now.
It won’t “viable” as long as you give people back more than they put in. And that’s what we’re doing on a wide scale.
Spreading the damage to others in not a “fix” and doesn’t make it viable. It is simply more of the welfare state spreading peoples wealth around and then wondering why jobs are disappearing and our economic hole keeps getting deeper...
Mine doesn’t. My insurance through my company is primary and Medicare, if I take it, is secondary. We paid my husband’s Medicare premium for a while but dropped it because my insurance is good enough that we didn’t need it. They said that if we needed to pick it back up we could but my employer doesn’t force it.
Of course, things can change. :-(
Social Insurance tax isn’t just Social Security tax. It includes other taxes too.
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