Pension plans are going the way of the doe doe bird.

[Genx87]

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: BBond
PS It isn't according to "The Democrats". Social Security can pay full benefits until either 2042 or 2052, depending on whether you use the Social Security Trustees' or CBO numbers.

Get your facts straight, Zendari. With the search engines available today there is no excuse. It took me about 10 seconds to search and post the correct sources of the dates you posted.

These are the same people telling us there isnt a problem at all and in 2018 SS will be ok because the fake trust fund will be there to save the day.

Excuse me while I get lost in their lack of credibility.

Credibitlity?? You would have the goverment reneg on it's word as long as it will benifit you and you attack someone else's credibility??

ROFLMAO

They have already reneged on their word. I am sorry if you havent figured that out yet.

Not yet they haven't, although the current liars are doing everything they can to reneg.

Yes they have, ~2042 guranteed benefit cut.

That is going back on their word. Republican and Democrat alike are to blame for this.

 

[BBond]

Originally posted by: Genx87

The only people in total denial are you Bushies. Eliminate the cap on FICA. Problem solved.

Based on what facts? Your gut that if we go after the top 5% of this nation it will somehow make up the nearly 1 trillion deficit we will see in 2040?

ok

But we can't expect all of those folks who emptied the treasury of the Social Security surplus so they could have a party with Bush's tax cut to pay something back to the country they tell us to be patriotic to, now can we?

When will we see any patriotism from them? Or is it all only about the money for the top few percent?

Hey bunkie democrat and republican alike have been raping SS since its inception. It was a giant tax disguised as a pretty social program. You think Roosevelt could have passed a tax on income during a depression?

The trust fund is nothing but a bunch of vapor. When you look at your kids and grandkids please take pride in knowing you are more than happy to bankrupt them for your own personal gain.

When I looked at my parents and aunts and uncles I saw people who paid pennies into Social Security and collected dollars in return. Rather that see them go bankrupt I STFU and took a second job to make up the difference in FICA tax increases on my generation to pay for our parents' Social Security benefits.

I suggest that your generation STFU and do the same.

Generational warfare is one of the pillars of the Republican plan to destroy Social Security and judging from your greedy, selfish generation it's easy to see why.

 

[Genx87]

Originally posted by: BBond

Originally posted by: Genx87

The only people in total denial are you Bushies. Eliminate the cap on FICA. Problem solved.

Based on what facts? Your gut that if we go after the top 5% of this nation it will somehow make up the nearly 1 trillion deficit we will see in 2040?

ok

But we can't expect all of those folks who emptied the treasury of the Social Security surplus so they could have a party with Bush's tax cut to pay something back to the country they tell us to be patriotic to, now can we?

When will we see any patriotism from them? Or is it all only about the money for the top few percent?

Hey bunkie democrat and republican alike have been raping SS since its inception. It was a giant tax disguised as a pretty social program. You think Roosevelt could have passed a tax on income during a depression?

The trust fund is nothing but a bunch of vapor. When you look at your kids and grandkids please take pride in knowing you are more than happy to bankrupt them for your own personal gain.

When I looked at my parents and aunts and uncles I saw people who paid pennies into Social Security and collected dollars in return. Rather that see them go bankrupt I STFU and took a second job to make up the difference in FICA tax increases on my generation to pay for our parents' Social Security benefits.

I suggest that your generation STFU and do the same.

Generational warfare is one of the pillars of the Republican plan to destroy Social Security and judging from your greedy, selfish generation it's easy to see why.

Maybe just maybe "my" generation isnt stupid enough to buy into the SS scam that has been played on the two previous generations before me. Before we get ourselves entrenched into the thinking it will be ok to screw over the generation behind us we want to fix the issue.

I am sorry if you bought into the SS lies put forth on you.

 

[BoberFett]

Our "leaders" have proven that they're unaccountable and dishonest; unable to keep their hands out of the cookie jar.

Social Security as a separate government accounting system needs to disappear. It's like a secondary IRS. Isn't one tax agency enough? Social security payments should be a part of the budget just like anything else the federal government wants to spend money on, and the money will be collected in the year it's dispensed.

Payments dispensed at retirement can be based on need, by looking at the retirement accounts a person has and contributing the amount they need to get to the federal poverty level. Anyone who already has enough money in other personal accounts to maintain or exceed that level gets nothing from the feds.

Combine this with whatever flat tax is required to balance the budget and pay off the debt in a timely fashion.

Sure, it's overly simplistic. But the Dems and Repubs are going to spend the next 30 years bickering about which complicated plan to use and do nothing, while the whole thing is crumbling.

 

[BBond]

Originally posted by: Genx87


Maybe just maybe "my" generation isnt stupid enough to buy into the SS scam that has been played on the two previous generations before me. Before we get ourselves entrenched into the thinking it will be ok to screw over the generation behind us we want to fix the issue.

I am sorry if you bought into the SS lies put forth on you.

Lies??? That's very strange. My monthly SS check spends just like REAL MONEY!!! :laugh:

And don't count on you pikers getting off the hook. There are more voting baby boomers on the horizon.

 

[zendari]

Originally posted by: BBond

Originally posted by: Genx87

The only people in total denial are you Bushies. Eliminate the cap on FICA. Problem solved.

Based on what facts? Your gut that if we go after the top 5% of this nation it will somehow make up the nearly 1 trillion deficit we will see in 2040?

ok

But we can't expect all of those folks who emptied the treasury of the Social Security surplus so they could have a party with Bush's tax cut to pay something back to the country they tell us to be patriotic to, now can we?

When will we see any patriotism from them? Or is it all only about the money for the top few percent?

Hey bunkie democrat and republican alike have been raping SS since its inception. It was a giant tax disguised as a pretty social program. You think Roosevelt could have passed a tax on income during a depression?

The trust fund is nothing but a bunch of vapor. When you look at your kids and grandkids please take pride in knowing you are more than happy to bankrupt them for your own personal gain.

When I looked at my parents and aunts and uncles I saw people who paid pennies into Social Security and collected dollars in return. Rather that see them go bankrupt I STFU and took a second job to make up the difference in FICA tax increases on my generation to pay for our parents' Social Security benefits.

I suggest that your generation STFU and do the same.

Generational warfare is one of the pillars of the Republican plan to destroy Social Security and judging from your greedy, selfish generation it's easy to see why.

Ah there it is. The truth comes out. This is just a revenge scheme by the elderly. You got robbed, and in turn you rob us twice as badly.

The looters born before 1937 threw $10 trillion of unfunded liability into the system.

 

[BoberFett]

Originally posted by: Genx87

Maybe just maybe "my" generation isnt stupid enough to buy into the SS scam that has been played on the two previous generations before me. Before we get ourselves entrenched into the thinking it will be ok to screw over the generation behind us we want to fix the issue.

I am sorry if you bought into the SS lies put forth on you.

BBond is so proud of himself. He took a part time job!

And since he was such a little trooper, he thinks everybody should do the same thing. When my daughter is 30, she should just go out and get a second full time job. And a part time job. And sell her blood. Because she should be proud of the pyramid scheme that the government used to steal money from the young and give to the old.

Funny that he mentioned people paying in pennies and taking out dollars. Perhaps that was the problem. Paying out far more than they system should based on reasonable rates of return.

But rather than fix it, he'll just continue to blame those evil Republicans for wanting to change something that's broken.

 

[Genx87]

Originally posted by: BBond

Originally posted by: Genx87


Maybe just maybe "my" generation isnt stupid enough to buy into the SS scam that has been played on the two previous generations before me. Before we get ourselves entrenched into the thinking it will be ok to screw over the generation behind us we want to fix the issue.

I am sorry if you bought into the SS lies put forth on you.

Lies??? That's very strange. My monthly SS check spends just like REAL MONEY!!! :laugh:

And don't count on you pikers getting off the hook. There are more voting baby boomers on the horizon.

Fake trustfunds, there isnt a problem, skimming off the top to fund pet projects, SS will always be there for everybody, SS taxes will never raise.

You bought into all of that like Ricki Lake does cake at a buffet line.

 

[BoberFett]

Originally posted by: BBond
And don't count on you pikers getting off the hook. There are more voting baby boomers on the horizon.

Look at that complete lack of respect for the people who are going to pay for his Depends. Pathetic.

Sure, keep getting your AARP buddies to try to rape the countries young . Don't be surprised when the plan backfires and you get nothing.

 

[zendari]

Originally posted by: BoberFett
Our "leaders" have proven that they're unaccountable and dishonest; unable to keep their hands out of the cookie jar.

Social Security as a separate government accounting system needs to disappear. It's like a secondary IRS. Isn't one tax agency enough? Social security payments should be a part of the budget just like anything else the federal government wants to spend money on, and the money will be collected in the year it's dispensed.

Payments dispensed at retirement can be based on need, by looking at the retirement accounts a person has and contributing the amount they need to get to the federal poverty level. Anyone who already has enough money in other personal accounts to maintain or exceed that level gets nothing from the feds.

Combine this with whatever flat tax is required to balance the budget and pay off the debt in a timely fashion.

Sure, it's overly simplistic. But the Dems and Repubs are going to spend the next 30 years bickering about which complicated plan to use and do nothing, while the whole thing is crumbling.

Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.

I have a simpler idea. Throw out the fake trust fund, figure out what amount of payments into SS is required to maintain the disability/life insurance part of it, and set up a true payasyougo system, phasing down retirement benefits 1% a year and cutting inputs accordingly.

 

[BBond]

Originally posted by: BoberFett

Originally posted by: BBond
And don't count on you pikers getting off the hook. There are more voting baby boomers on the horizon.

Look at that complete lack of respect for the people who are going to pay for his Depends. Pathetic.

Sure, keep getting your AARP buddies to try to rape the countries young . Don't be surprised when the plan backfires and you get nothing.

I'm not an AARP member but I will keep doing everything in my power to see that your generation of irresponsible, selfish pikers keeps those cards and letters coming.

 

[imported_tss4]

Originally posted by: zendari

Originally posted by: BoberFett
Our "leaders" have proven that they're unaccountable and dishonest; unable to keep their hands out of the cookie jar.

Social Security as a separate government accounting system needs to disappear. It's like a secondary IRS. Isn't one tax agency enough? Social security payments should be a part of the budget just like anything else the federal government wants to spend money on, and the money will be collected in the year it's dispensed.

Payments dispensed at retirement can be based on need, by looking at the retirement accounts a person has and contributing the amount they need to get to the federal poverty level. Anyone who already has enough money in other personal accounts to maintain or exceed that level gets nothing from the feds.

Combine this with whatever flat tax is required to balance the budget and pay off the debt in a timely fashion.

Sure, it's overly simplistic. But the Dems and Repubs are going to spend the next 30 years bickering about which complicated plan to use and do nothing, while the whole thing is crumbling.

Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.

Living at the poverty line isn't living the high life. What would you do? have them die? No one wants to live at the poverty line. It sucks. We're not alking about 20 year olds that can just continue to work. These are the elderly.

You just edited your comment:

A clause based on cinome might work. But its likely to fget abused just as much as any other system.

 

[BoberFett]

Originally posted by: zendari
Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.
I have a simpler idea. Throw out the fake trust fund, figure out what amount of payments into SS is required to maintain the disability/life insurance part of it, and set up a true payasyougo system, phasing down retirement benefits 1% a year and cutting inputs accordingly.

As much as you might like to, you can't simply throw everyone out in the street that didn't amass a fortune while working. There is some social responsibility there.

I'm a pretty stone hearted jerk, and even I think we need to maintain some sort of assistance for those who can't provide for themselves for whatever reason. With the poor young, give them job training and placement. For the poor old, maybe community service will be required to get their check each month.

Edit: zendari, do you know what the federal poverty line is right now? I believe I read that it's around $11,000. As tss4 said, not exactly living it up.

 

[imported_tss4]

Originally posted by: BoberFett

Originally posted by: zendari
Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.
I have a simpler idea. Throw out the fake trust fund, figure out what amount of payments into SS is required to maintain the disability/life insurance part of it, and set up a true payasyougo system, phasing down retirement benefits 1% a year and cutting inputs accordingly.

As much as you might like to, you can't simply throw everyone out in the street that didn't amass a fortune while working. There is some social responsibility there.

I'm a pretty stone hearted jerk, and even I think we need to maintain some sort of assistance for those who can't provide for themselves for whatever reason. With the poor young, give them job training and placement. For the poor old, maybe community service will be required to get their check each month.

I find your community service idea interesting. Not a bad idea to require some community service from those that are getting a check. And community service can be tailered to the needs of the elderly.

 

[1EZduzit]

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: BBond
PS It isn't according to "The Democrats". Social Security can pay full benefits until either 2042 or 2052, depending on whether you use the Social Security Trustees' or CBO numbers.

Get your facts straight, Zendari. With the search engines available today there is no excuse. It took me about 10 seconds to search and post the correct sources of the dates you posted.

These are the same people telling us there isnt a problem at all and in 2018 SS will be ok because the fake trust fund will be there to save the day.

Excuse me while I get lost in their lack of credibility.

Credibitlity?? You would have the goverment reneg on it's word as long as it will benifit you and you attack someone else's credibility??

ROFLMAO

They have already reneged on their word. I am sorry if you havent figured that out yet.

Not yet they haven't, although the current liars are doing everything they can to reneg.

Yes they have, ~2042 guranteed benefit cut.

That is going back on their word. Republican and Democrat alike are to blame for this.

So you can see exactly what's going to happen in the future??

I get tired of your generation whining about SS, my generation never had 401k's, etc. to invest in and let their money grow tax free. If we get rid of SS, then let's start taxing that money too. We should also reinstate inheritance taxes so everyone is concerned about their retirement.

If you couple that with with what you will get from SS, your getting a fair deal IMO.

 

[BoberFett]

Originally posted by: BBond
I'm not an AARP member but I will keep doing everything in my power to see that your generation of irresponsible, selfish pikers keeps those cards and letters coming.

I'd pay to see you pulled off life support.

 

[zendari]

Originally posted by: tss4

Originally posted by: zendari
Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.

Living at the poverty line isn't living the high life. What would you do? have them die? No one wants to live at the poverty line. It sucks. We're not alking about 20 year olds that can just continue to work. These are the elderly.

You just edited your comment:

A clause based on cinome might work. But its likely to fget abused just as much as any other system.

I don't think it will be abused as much as checking for retirement accounts. Say Bill Gates for whatever reason doesn't have any retirement accounts when he turns 65. Does he deserve government handouts? Personally I say no.

I have some sympathy to the guy making $20k a year all his life, but to the guy making $80k a year owning a lexus?

 

[BoberFett]

Originally posted by: tss4

Originally posted by: BoberFett

Originally posted by: zendari
Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.
I have a simpler idea. Throw out the fake trust fund, figure out what amount of payments into SS is required to maintain the disability/life insurance part of it, and set up a true payasyougo system, phasing down retirement benefits 1% a year and cutting inputs accordingly.

As much as you might like to, you can't simply throw everyone out in the street that didn't amass a fortune while working. There is some social responsibility there.

I'm a pretty stone hearted jerk, and even I think we need to maintain some sort of assistance for those who can't provide for themselves for whatever reason. With the poor young, give them job training and placement. For the poor old, maybe community service will be required to get their check each month.

I find your community service idea interesting. Not a bad idea to require some community service from those that are getting a check. And community service can be tailered to the needs of the elderly.

Have them read stories to kids at the community center for a few hours a month. Perhaps start getting old people and young people back in touch.

Lord knows the country needs it. Look at what we've got for old people nowadays. Selfish jerks like BBond who wants to rape the country before his grandchilren get it because, goddamit, he deserves it!

 

[zendari]

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: BBond
PS It isn't according to "The Democrats". Social Security can pay full benefits until either 2042 or 2052, depending on whether you use the Social Security Trustees' or CBO numbers.

Get your facts straight, Zendari. With the search engines available today there is no excuse. It took me about 10 seconds to search and post the correct sources of the dates you posted.

These are the same people telling us there isnt a problem at all and in 2018 SS will be ok because the fake trust fund will be there to save the day.

Excuse me while I get lost in their lack of credibility.

Credibitlity?? You would have the goverment reneg on it's word as long as it will benifit you and you attack someone else's credibility??

ROFLMAO

They have already reneged on their word. I am sorry if you havent figured that out yet.

Not yet they haven't, although the current liars are doing everything they can to reneg.

Yes they have, ~2042 guranteed benefit cut.

That is going back on their word. Republican and Democrat alike are to blame for this.

So you can see exactly what's going to happen in the future??

I get tired of your generation whining about SS, my generation never had 401k's, etc. to invest in and let their money grow tax free. If we get rid of SS, then let's start taxing that money too. We should also reinstate inheritance taxes so everyone is concerned about their retirement.

If you couple that with with what you will get from SS, your getting a fair deal IMO.

Tax away. Even if you don't allow tax-deffering, I still won't LOSE money on it the way I lose money on SS.

 

[imported_tss4]

Originally posted by: zendari

Originally posted by: tss4

Originally posted by: zendari
Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.

Living at the poverty line isn't living the high life. What would you do? have them die? No one wants to live at the poverty line. It sucks. We're not alking about 20 year olds that can just continue to work. These are the elderly.

You just edited your comment:

A clause based on cinome might work. But its likely to fget abused just as much as any other system.

I don't think it will be abused as much as checking for retirement accounts. Say Bill Gates for whatever reason doesn't have any retirement accounts when he turns 65. Does he deserve government handouts? Personally I say no.

I have some sympathy to the guy making $20k a year all his life, but to the guy making $80k a year owning a lexus?

It would take an epic act of God for Gates to lose all his money. But if some how it happened and and he was on the street starving, I'd give him enough money to live at the poverty level. The only other option is to watch him die and I feel that wouldn't say much about me.

 

[imported_tss4]

Originally posted by: BoberFett

Originally posted by: tss4

Originally posted by: BoberFett

Originally posted by: zendari
Based on need? So if someone with a reasonable income is irresponsible and doesn't save for retirement, they can loot the government? No thanks. There needs to be a clause based on their income as a wage earner.
I have a simpler idea. Throw out the fake trust fund, figure out what amount of payments into SS is required to maintain the disability/life insurance part of it, and set up a true payasyougo system, phasing down retirement benefits 1% a year and cutting inputs accordingly.

As much as you might like to, you can't simply throw everyone out in the street that didn't amass a fortune while working. There is some social responsibility there.

I'm a pretty stone hearted jerk, and even I think we need to maintain some sort of assistance for those who can't provide for themselves for whatever reason. With the poor young, give them job training and placement. For the poor old, maybe community service will be required to get their check each month.

I find your community service idea interesting. Not a bad idea to require some community service from those that are getting a check. And community service can be tailered to the needs of the elderly.

Have them read stories to kids at the community center for a few hours a month. Perhaps start getting old people and young people back in touch.

Lord knows the country needs it. Look at what we've got for old people nowadays. Selfish jerks like BBond who wants to rape the country before his grandchilren get it because, goddamit, he deserves it!

Well, I will agree that requiring that type of Community Service for a SS check seems like a good idea. Unfortunately, there's absolutley no way, the elderly and those approching retirememnt would allow that type of change (Dems and Reps). They feel entitled to a 15-20 year work free retirement.

 

[zendari]

Originally posted by: tss4

Originally posted by: zendari
I don't think it will be abused as much as checking for retirement accounts. Say Bill Gates for whatever reason doesn't have any retirement accounts when he turns 65. Does he deserve government handouts? Personally I say no.

I have some sympathy to the guy making $20k a year all his life, but to the guy making $80k a year owning a lexus?

It would take an epic act of God for Gates to lose all his money. But if some how it happened and and he was on the street starving, I'd give him enough money to live at the poverty level. The only other option is to watch him die and I feel that wouldn't say much about me.

Fair enough, I suppose, if you are truly willing to take it to that extreme. As long as the poverty level is low enough, I guess most people would make the choice to save up and life a nice retirement rather than one in poverty for free. Should act as an abuse deterrent.

 

[imported_tss4]

Originally posted by: zendari

Originally posted by: tss4

Originally posted by: zendari
I don't think it will be abused as much as checking for retirement accounts. Say Bill Gates for whatever reason doesn't have any retirement accounts when he turns 65. Does he deserve government handouts? Personally I say no.

I have some sympathy to the guy making $20k a year all his life, but to the guy making $80k a year owning a lexus?

It would take an epic act of God for Gates to lose all his money. But if some how it happened and and he was on the street starving, I'd give him enough money to live at the poverty level. The only other option is to watch him die and I feel that wouldn't say much about me.

Fair enough, I suppose, if you are truly willing to take it to that extreme. As long as the poverty level is low enough, I guess most people would make the choice to save up and life a nice retirement rather than one in poverty for free. Should act as an abuse deterrent.

I agree. I also liked BoberFett's idea of requiring community service (doesn't need to be much- a few hours per week reading to kids) for SS handouts. Although, I admit that I don't see anything like that gaining the support of the majority.

 

[Genx87]

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: 1EZduzit

Originally posted by: Genx87

Originally posted by: BBond
PS It isn't according to "The Democrats". Social Security can pay full benefits until either 2042 or 2052, depending on whether you use the Social Security Trustees' or CBO numbers.

Get your facts straight, Zendari. With the search engines available today there is no excuse. It took me about 10 seconds to search and post the correct sources of the dates you posted.

These are the same people telling us there isnt a problem at all and in 2018 SS will be ok because the fake trust fund will be there to save the day.

Excuse me while I get lost in their lack of credibility.

Credibitlity?? You would have the goverment reneg on it's word as long as it will benifit you and you attack someone else's credibility??

ROFLMAO

They have already reneged on their word. I am sorry if you havent figured that out yet.

Not yet they haven't, although the current liars are doing everything they can to reneg.

Yes they have, ~2042 guranteed benefit cut.

That is going back on their word. Republican and Democrat alike are to blame for this.

So you can see exactly what's going to happen in the future??

I get tired of your generation whining about SS, my generation never had 401k's, etc. to invest in and let their money grow tax free. If we get rid of SS, then let's start taxing that money too. We should also reinstate inheritance taxes so everyone is concerned about their retirement.

If you couple that with with what you will get from SS, your getting a fair deal IMO.

You think the SS fund trustees are blowing smoke when they say we will start running deficits in 2018? Even democratic leaders as much as they have tried to confuse the issue acknowledge this.

There already is inheritance taxes which IMO hurt the middle class in this country more than anybody else.

 

[imported_tss4]

Originally posted by: Genx87
There already is inheritance taxes which IMO hurt the middle class in this country more than anybody else.

Just looking for a clarification here. It was my understanding that you could pass up to a million dollars in assets to your heirs without incurring a tax penalty. How is that affecting the middle class more than anyone else since most of the elderly don't have a million dollars in total assets at the time of their death?