Posted on 06/25/2012 12:58:26 PM PDT by IbJensen
Ben Franklin must be rolling over in his grave at the USPS service. Just think if Ben Franklin ran the USPS now... I bet it'd make money!!
The problem is that once socialism invades the public conscience, it becomes impossible to shake it off without the resolve of a large portion of the population.
We’re on a social downswing. We’re heading to dictatorships and theocracies around the world.
Our Founders understood that it would take their lives, their fortunes, and their sacred honors to fix this country. They gave all of those, many of them dying broke, and this country became what it was.
It will take many lives through combat, strife, homelessness, and hunger. It will take sacrifice from our wallets. It will take the honor of patriots to turn this around. But only then will we reverse this course.
Otherwise, we’re going to continue to elect ineffectual pantywaists who kowtow to public opinion polls instead of listening to the wants and needs of their constituents.
There's a huge number of retired seniors who have received FAR MORE than they contributed to SS and Medicare.
I recall that in the hours immediately after Katrina - WalMart was able to get food, money and supplies into the hurricane victims.
Meanwhile Larry, Moe and Curly (local, state and federal government) were pointing fingers at each other.
http://www.washingtonpost.com/wp-dyn/content/article/2005/09/05/AR2005090501598.html
what a despicable viewpoint. Sounds liberal to me. Why?
IF I save money in an interst bearing account, I hope, sincerely!, to withdraw more than I deposited. IF I invest my money, I hope to withdraw more.
The idea that it is wrong to receive more than you paid in, in trust, is itself wrong.
And coming soon..... confiscation of 401k’s, with them being rolled into SocSec, with a promise of 3% growth (By the way, THAT would allow withdrawing MORE than I paid in).
It is wrong to give Gov’t control over your security, speaking in a social sense. They haven;t done any of us any favirs beyond growing a large dependant class of people.
Social security isn’t an investment. It pays out more money then it takes in on an individual basis. Its using money from people currently paying in order to pay retired people. It doesn’t have the funds to pay the retirement of those currently paying. The federal govt estimates there is roughly a $119 Trillion unfunded liability from social security, prescription drugs and medicare.
Social security is a ponzi scheme and the bill is about to come due.
Unfortunately this nation is full of non or poor achievers who wouldn't save a dollar for their future. I, like many others on this website, not only paid the max into the phony system, but funded savings and investments foregoing the luxuries that others frivolously threw their money at.
I now pay taxes on my 401K AND the pittance I get from the Ponzi scheme.
Wal-Mart gives its employees training on how to apply for government benefits.
Yep, they had huge generator sets, that could power a whole store, strategically located and trucked them to their stores that had no electric service or major physical damage. Those stores were opened within a day. They also had diesel supplies to run them.
And the employees who evacuated themselves to get away from the storm and devastation were given work at stores in the area where they evacuated to.
It is indeed a ponzi scheme, a giant immoral lie.
But the arguement that one receives more than one pays in is specious at best.
It has no bearing on the ‘good’ or ‘evil’ of SocSec.
Social security is a ponzi scheme and the bill is about to come due.
Yes. Social Security is welfare for conservatives, and we should stop acting like we I-paid-my-money-into-it conservatives are somehow different than the welfare queens we complain about. The government takes money from conservative Bob to give to conservative Bill in year 1. Then, 30 years later, conservative Bob takes money from conservative Ben. The government takes it from one party and gives it to another. It is a transfer payment. It is wealth redistibution. It is not a personal investment.
We cannot say we dislike entitlement programs and also demand that Congress not touch Social Security.
I think you understand my intent.
SS and Medicare are Ponzi schemes.
Those in early made out very well, receiving FAR MORE in benefits than their contributions plus any reasonable assumed interest rate.
Now we’re at the point where those who have paid in for 40+ years (like myself) will never receive even the value of what they paid in.
The left fails at everything they do, THAT’S WHY THEY HATE WALMART.
“The idea that it is wrong to receive more than you paid in, in trust, is itself wrong.”
If it were a private trust fund, you would be correct. But it’s not. The money that you put in was spent by the government.
The money that you are getting paid, is the same deal as a Ponzi scheme - the early ‘investors’ are getting paid, at the expense of the later ‘investers’ who are not.
Your grandchildren and children are the ones paying for your social security now - not the money that you put in 30 years ago.
That is the problem with social security.
I’ll bet folding money you think Social Security should be means tested.
They do a pretty good job of using your tax dollars to "buy votes" and get re-elected.
Government programs are not designed to create wealth/income, so you can't use that to determine whether or not a government program is successful.
At the most, welfare programs should only be designed to get you through a tough situation so you can get back on your feet. Instead, they only seem to create more and more dependence (that is the bureaucrats measure of success and the more money they can spend to do it, the better). The dependency class is going to vote for the people giving them free stuff every time.
On the other hand we have government agencies like the FAA, which help keep our airports running smoothly and prevent planes from running into each other. That's a good thing. Of course, they have to do it with equipment that was obsolete 20 years ago.
“There’s a huge number of retired seniors who have received FAR MORE than they contributed to SS and Medicare.”
DITTO
and regardless of what a “senior’s” income is, “seniors” are eligible for all kinds of government and private “discounts” simply for being a “senior”
what if the economy instead was skewed to “discounts” for ANY “middle-class working dad” REGARDLESS OF INCOME
would that be “right”; no; but it would be no more wrong than simply discounting things for “seniors” as a class
sorry; “seniors” as a class are not ALL “oppressed” by the economy, the government or society and in fact are often misguidedly pampered without qualification
They want to fix it so if you saved up a nest egg, and Social Security can be the supplement its supposed to be, you get screwed out of that portion of your retirement you’ve been planning for. Sound good to you? That’s what they want to do.
If all you have is SS, great for you. If you wanted more than subsistence and saved up to accomplish it, then screw you. This is the new normal. Which is why I saved, because I knew I’d get ****ed.
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