Pamela needs to work on sentence structure and comma usage.
Incorrect. It’s a tax whose revenue has already been squandered.
It’s not a trust fund. A lock box. A retirement account. It’s a transfer of payment system, from makers to takers. It’s welfare.
If y’all wanna shoot the messenger, have at it. But it won’t change the facts.
I think she may have some learning to do. Rights are not something granted by a government. Social Security is a contract. Rights are granted by God.
The ignorance of the media is simply stunning.
No. Socialist Insecurity is not a “right”, and nobody has “paid” for it. It is government sponsored armed robbery, taking from the young and giving to the old. Nothing more, nothing less. Worse, the Congress has absolutely ZERO authority under the Constitution to engage in this sort of organized crime.
My hope is sometime during the Trump presidency, we give people the option to participate in a SS system similar to that of Chile (I think I have the nation right).
- partially invested in stock/bond portfolios
- can be passed on to your heirs
Much higher returns than with our system. Degree of risk is determined by the individual
Whatever it is, if the money is not there to pay it out, it wont be paid out.
Well then thank god its going to be there for me when I retire. I was worried that all the money that I am paying in I would never see again.
I just recently qualified for the original Social Security and Medicare.Twice in the last year or so I've gone to the SS office with a question.On both occasions the waiting room was mobbed and I was *by far* the oldest person in the room.Today's Social Security has been amended to a degree where it's become,to a substantial degree,another form of welfare...another way for the nation's idle parasites and wetbacks to get a free paycheck.
Writer should get facts right
In the 1960 case of Fleming v. Nestor, the U.S. Supreme Court ruled that workers have no legally binding contractual rights to their Social Security benefits, and that those benefits can be cut or even eliminated at any time.
The Court’s decision was not surprising. In an earlier case, Helvering v. Davis (1937), the Court had ruled that Social Security was not a contributory insurance program, saying, “The proceeds of both the employee and employer taxes are to be paid into the Treasury like any other internal revenue generally, and are not earmarked in any way.”
In other words, Social Security is not an insurance program at all. It is simply a payroll tax on one side and a welfare program on the other. Your Social Security benefits are always subject to the whim of 535 politicians in Washington.
More info at: https://www.cato.org/publications/commentary/is-there-right-social-security
Morally yes. Legally no. It’s been ruled multiple times you have no legal right to that money.
SS was the start of the problem we have now :/
It was originally started as a FED (employment) retirement program that was voluntary... worked its way in from there.
We need to cut it off and start individual saving for retirement.
Many collected social security who put in peanuts, and drew out many, many times that amount.
Keep this very very quiet..................
Change the social security rules disability rules to back to what they were in 1991, and see how much better the social security financial situation becomes.
And no, you’ll never hear people like this knucklehead talk about it because he was in the Senate when ‘the bent one’ pulled this scam. It’s not the millions that paid into the system that caused the problem - it’s the millions that have never paid a PENNY into the system that cause the problem.
Keep this very very quiet..................
Change the social security rules disability rules to back to what they were in 1991, and see how much better the social security financial situation becomes.
And no, you’ll never hear people like this knucklehead talk about it because he was in the Senate when ‘the bent one’ pulled this scam. It’s not the millions that paid into the system that caused the problem - it’s the millions that have never paid a PENNY into the system that cause the problem.
And this is why the average Chilean has a higher net worth than the average American - they privatized their SS and own their own accounts.
We have an IOU, based on government whim and control
Teat...your children well...
From what I have read SS is running a surplus but the surplus is getting smaller. I also understand it has been spent also and the government shows how much it owes SS.