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The Missing Money (Thomas Sowell on Soc. Sec.)
Creators Syndicate ^ | June 21, 2011 | Thomas Sowell

Posted on 06/20/2011 1:08:08 PM PDT by jazusamo

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1 posted on 06/20/2011 1:08:10 PM PDT by jazusamo
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To: abigail2; Amalie; American Quilter; arthurus; awelliott; Bahbah; bamahead; Battle Axe; ...
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Thomas Sowell

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2 posted on 06/20/2011 1:11:23 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

I plan on working until I die. No point even considering ‘retirement’ the way things are. Even my house is basically a burden now, thanks to the game-playing.

But, that’s okay. I probably wouldn’t know what to do with myself if I wasn’t working, so, shrug.


3 posted on 06/20/2011 1:15:45 PM PDT by BelegStrongbow (St. Joseph, patron of fathers, pray for us!)
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To: BelegStrongbow

“I plan on working until I die. No point even considering ‘retirement’ the way things are.”

I’ve decided to do exactly the same!!!


4 posted on 06/20/2011 1:17:52 PM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: jazusamo

The banks got it...they held up Congress and GW Bush at gunpoint...Sept 2008


5 posted on 06/20/2011 1:19:25 PM PDT by mo ("If you understand, no explanation is needed; if you do not, no explanation is possible")
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To: jazusamo

remember when bob dope of kansas helped the

democrats spend the social security surplus?


6 posted on 06/20/2011 1:24:37 PM PDT by ken21 (liberal + rino progressive media hate palin, bachman, cain...)
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To: jazusamo

Wanna save it???? stop giving taxpayer money to the non producers.....stop head start and other needless programs...defund the atf, department of education, epa, and politicians pensions.....these simple steps alone will save it for those of us that have been paying for 40 years...allow the youngsters to opt out, and in 2 generations it is gone...


7 posted on 06/20/2011 1:27:14 PM PDT by joe fonebone (Project Gunwalker, this will make watergate look like the warm up band......)
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To: jazusamo

Draft Sowell for President.

If you don’t vote for him, Bambi voters, you’re a racist.


8 posted on 06/20/2011 1:28:06 PM PDT by chesley (Eat what you want, and die like a man.)
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To: BelegStrongbow

I’m in the same boat.


9 posted on 06/20/2011 1:28:58 PM PDT by chesley (Eat what you want, and die like a man.)
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To: mo

The money was never there. It was simply spent every year by dumping the amount not immediately Ponzied out to retirees into the general fund. The banks had nothing to do with it.


10 posted on 06/20/2011 1:29:03 PM PDT by achilles2000 ("I'll agree to save the whales as long as we can deport the liberals")
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To: BelegStrongbow; choctaw man

That makes three of us. I do it to attempt to justify the SS I receive. Considering what I payed in and my taxes, I may be close to justifying.


11 posted on 06/20/2011 1:29:18 PM PDT by wita
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To: wita

Maybe it’ll be there and maybe it won’t. I’m supposed to get 2K a month if I work until I’m 70. My mortgage won’t be paid off until I’m 80, so that’s not a lot of help. Then again, I’ll probably have sold the place long before then, but even so, it’s not going to go far enough even if all I’m doing is paying ordinary bills.

So, I’ll work. And won’t worry about it. And won’t ever ever vote for a Democrat, no matter how ‘conservative’, ever ever again.


12 posted on 06/20/2011 1:33:51 PM PDT by BelegStrongbow (St. Joseph, patron of fathers, pray for us!)
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To: ken21

Yep. Politicians simply can’t keep their hands off free money when they see it.

Most would hock their mother’s if they knew they wouldn’t have to pay the money back in their lifetime.


13 posted on 06/20/2011 1:33:59 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo
Retired seniors have the least to fear from a reform of Social Security, since neither political party is about to take away what these retirees already have and are relying on.

The creeps in congress are moving money from Social Security to Disability... They don't want anyone looking too closely at what's really going on...

No one objects to people who are really disabled getting Social Security - but a fair portion of inner city neighborhoods are using disability as the 'new welfare'. The MSM isn't reporting on it because too many dem victim groups are on the take - gays, blacks, drug addicts, gangbangers, alcoholics, wastrel's ...

It's NOT fair to the seniors who put into the system or to the young people paying supporting it today.

14 posted on 06/20/2011 1:36:20 PM PDT by GOPJ (In times of universal deceit, telling the truth will be a revolutionary act. - - Orwell)
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To: jazusamo

Everybody says that the way to solve the Social Security problem is to raise the retirement age. This is lazy and simplistic. I say the way to save Social Security, (if it must be saved), is to throw people off who have never paid in or who paid in for only a few years. You can start with that diaper wearing guy.


15 posted on 06/20/2011 1:38:09 PM PDT by sportutegrl
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To: GOPJ
It's NOT fair to the seniors who put into the system or to the young people paying supporting it today.

You're absolutely right.

From what little I've read on this it's a widespread scam and amounts to legalized theft.

16 posted on 06/20/2011 1:41:42 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: BelegStrongbow
I plan on working until I die.

Let's hope your employer feels the same way.

17 posted on 06/20/2011 1:44:32 PM PDT by AmusedBystander (The philosophy of the school room in one generation will be the philosophy of government in the next)
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To: achilles2000

yeah..well Congress will be “ponzying it out “ to the banks rather than to the baby boomers retirements.


18 posted on 06/20/2011 1:49:01 PM PDT by mo ("If you understand, no explanation is needed; if you do not, no explanation is possible")
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To: achilles2000
The money was never there. It was simply spent every year by dumping the money into the general fund. The banks had nothing to do with it.

And once the money was in the general fund it was used as part of the monies available to fund any program the politicians and bureaucrats wanted to spend it on.

I think that only happened about twenty five years ago and there was quite a tahoo about it. Do you recall?

19 posted on 06/20/2011 1:56:03 PM PDT by saradippity
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To: AmusedBystander

I’m in an interesting position: as the controller, I am the only person in the company doing my job. It doesn’t actually require a true full-time person. If health-care funding has to be provided, then the gain would be to cut me to about 60%, saving 40% of my salary and having to pay 10% for new health-care costs. I would then have to look for work to make up the lost fraction. It could be done, but would be painful in the short-run.


20 posted on 06/20/2011 1:56:34 PM PDT by BelegStrongbow (St. Joseph, patron of fathers, pray for us!)
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