Posted on 06/20/2011 1:08:08 PM PDT by jazusamo
Sorry, this was 'ordinary' doctors, hospitals and services.
“But you can’t send a whole Congress to prison, however much they may deserve it.”
C’mon, Doc! That’s Stinkin’ Thinkin’! If we set some goals, we could get rid of them one by one by one...Let’s start with Pelosi! :)
I am STILL in love with this man’s brain! As always, Thanks, Jaz! :)
LOL! When I read what he said the thought came to me that he just might be wrong this time.
Anyway, I'd sure like to see it tried but he's probably right. :-)
He’s right. We may as well just admit it. And even if he was wrong, I’d still defend him to the death! :)
If it had been invested in equities, the result would have been even worse than spending it - virtually complete political control over the economy by whomever controls the government...
Al Franken?
So did I.
But then all of my customers went to China.
And I am too old to start over in a new industry.
So keep that in mind and have a fall back plan.
It can happen to you.
SOP. Medicare won't buy any appliance like this, only rent it. If you're not on Medicare, you can buy it for the price of three or four rental payments. The lessor doesn't want it back, because they're still billing Medicare for it. It's part of the system's built in stupidity.
Her husband died tragically and the hospital billed Medicare for surgical services that were not performed. When she complained to Medicare, they encouraged her to ‘work with the hospital on that’. They didn’t care one whit.
Not surprised at all by Medicare's response. But I suspect that there is something more to the story.
We often get billing that is intended for another party. Medicare almost never catches it. When we do, they consider it an imposition.
The system is complex and fraught with mistakes. My wife is an accountant...and it's a giant task to match up the amounts billed by the vendors with the amounts paid by Medicare. Most people don't bother...and I don't blame them.
So the SS surplus wasn’t ‘spent’ so much as ‘used to buy debt payable by future tax revenues.’ The proceeds from selling that debt (to the Social Security fund, among other investors) was then spent.
Yeah, the Social Security Administration, an arm of the government, bought IOUs from the Treasury - also an arm of the government.So the "I owe yous" are actually "I owe mes." Which are, inherently, meaningless and worthless.
Any attempt to obtain dollars from them will simply dilute the value of the dollar, which is also government debt.
The Sword of Damocles hanging over retirees is not the discontinuation of Social Security but the radical dilution of the scarcity, and thus the value, of the dollar.
After I got it, I wound up back in the same old type of position, but deeper in debt.
However, thanks to an incredible stroke of luck (and a total bitch of a fellow worker) I got myself fired and had to start looking again.
Fortunately, I wound up with the best job in the world for me. I could make more elsewhere, but I live in my hometown, I got to spend the last 10 years of his life with my father, I make enough to pay for the things I want the most, if not all the things I would like to have, my children all live in town, my boss respects me and the work that I do, I get regular raises, two two-week vacations each year (around July 4 and Christmas) plus I've got an extra week, I really like what I do. Let's see, have I left anything off? Probably.
The only downside is that I have a 1&1/2 hour one way commute each day, so I'm 3 hours on the road. That's what radio and CDs are for.
I plan to work till I'm 70 at least here. Then maybe I'll try to find a part time job at home. Or write a book, or something.
Cheers
Our customers can’t even move to Siler City.
http://www.washingtontimes.com/news/2011/may/17/senator-questions-benefits-to-adult-baby/
Actually I meant this guy, but funny.
I am drawing SS now but I am still working. I only get a part of it and would supposedly have benefited if I had waited a couple of years to draw the whole big wad (about 700 a month). My take on it was get what I can now. It ain’t gonna be there at some point in the future, maybe next week.
That 2G a month may buy you a nice evening at the McDonald’s by the time you get it. Or maybe it won’t. SS will not rise with inflation any more and real inflation is running at between 6 and 10 % right now and accelerating. At some point we start talking about inflation per month then day. That point will occur pretty soon, I think. Our public servants won’t talk about it though.
If you raise the retirement age to 99 the problem is solved.Intake will not match or exceed outgo in the foreseeable future.
I think you’re right on all counts, art, though I’m not entirely sure hyperinflation will come. Not sure it won’t, but think we’re still in the tipping area for it, given the arrival of responsible governance of finance.
My point in stating the amount was to make clear it would be a ridiculously small amount of no particular value in maintaing even a minimal standard of living, given the circumstances. Which is why I plan on working until I die.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.