Posted on 06/04/2023 6:35:55 AM PDT by joesbucks
So why is this being posted? The government has not defaulted and if it does then I’ll be looking to see if SS is going out meantime why post this?
GRANTED THE WAY THE ANNOUCEMENT READS IT SOUNDS LIKE SOMETHING DIFFERENT FROM NORMAL BUT NOPE WE GET THE SAME CHECK ON THE SAME WEEK.
Yeah. Working at least 35 years giving to social security should be taken away from them. Are you seriously deranged? Your post is the dumbest in history.
Are you sure you understand how SSA works? LOL!
I would love to repeal the Federal Reserve Act of 1913 but we can’t because the useful idiots who want to keep perpetuating the theft of social security keep voting in democrats who pay the voter off with continued theft from other people through social security payments all the while letting the Fed run wild “creating” money and stealing from all of us again through massive inflation. (I used creating and not printing purposely)
If you think for one second I do not know what I am talking about...you are sadly mistaken.
Is your name FICA? Cuz I’ve been suspicious of FICA since 1974 when he grabbed $37 from my first paycheck. Never seen him at my work, but he’s been skimming my paychecks before I even gets my money since I started working at 11 y.o. I’m making and he’s taking. I wants back my money!
You know. People do save for retirement. But the stock market is gambling which is a sin. Yes we all do it. But what if at 66, you lose every penny? It could happen playing the market. Do you not want at least social security you earned? You are an attention seeking idiot.
A waste of bandwidth
Much Ado About Nothing....
I know exactly how SS works. Do you? Do you think your money was invested somewhere and is sitting in some “account” somewhere? It was stolen years ago and replaced with an IOU. Current payers now pay directly to retirees and they do not cover all the costs that is why the government borrows and we go further in debt.
Let me guess...this is the first time you are hearing about this?
You may have answered your own question?
Possibly it is news because the gov has not defaulted in spite of all the dims the sky is falling schtick.
I paid in all my life, since I was 15, and am still paying in. (I'm 72). When I was 30 I would gladly have opted out, if I was able to keep my and my employers' contributions tax-deferred, like in a 401k. I will never receive the actuarial value of my "contributions". The difference between my contributions and benefits is the money given as excessively generous payments to those who preceded me. When SS hits the wall in a few years, I fear that those like me, who saved and have resources will be screwed, and those who were improvident will be favored. Sux. If SS benefits are scaled back, it should be by the same percentage across the board.
Of course it is a corrupt and bankrupt crappy government concocted Ponzi scheme. We all know that. We can’t undo the past.
How do you fix it? I paid in my whole life and will never get out what I paid in, much less earn a positive return on those “contributions” (at the end of a gun).
And you are a blind idiot. See, I can use ad hominem attacks too. They are easy.
I agree, the stock market is gambling and I have only a small amount there. I purchase items of worth including real estate. So to the 66 year old who invested everything in the stock market and lost everything, I say a fool and his money aee soon parted.
You guess wrong.
I suspect if you were anywhere close to retirement age you would have a very different and much less snippy attitude.
FICA is really just a name for democrat party voters. Go talk to them.
Nope. I want social security ended.
For just a moment, imagine that money, that substance created from nothingness, does not have to conform to any carefully analyzed presumptions — like creating more of it means inflation.
It was created from nothingness. Why should it conform to any laws of economics. Why does economics even exist about a substance that came from nothingness?
It has a value determined only in imagination — the imagination of counterparties and those are, by definition, whimsical.
It is the ultimate manifestation of Swamps since the first money appeared in mankind’s history. Never forget that. Don’t presume any ideology based on it can have any validity.
I agree. The viruses called democrat voters will come for savers by “voting” for democrats.
My point could have been more simply summed up as, should Social Security benefits be cut, I want everyone to take the same haircut, no means testing, same percentage regardless. Medicare already has a means test.
The only good news is that for a husband and spouse both receiving social security...on the death of one spouse...the surviving spouse gets the largest of the 2 payments.
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