[kris704th]

UH SATIRE. I am in my 40's.........

Well thank you for the clarification on that ! Your post can/was taken as not so funny by me because I am from that generation. You painted a nasty picture that stereotyped all of us being like that, and that was just not so. Your generation and your kids have a huge monkey on their backs ... drugs spending too much time w/video games etc.. Bet most won't appreciate getting categorized with the losers.

 

[Sierra Dave]

Don't be naive...

Ok so Iran launches a Nuke. We shoot it down..... WE have at least 20K nukes dude Iran ceases to exist. Iran launches nuke at Israel Isreal shoots it down.... Iran ceases to exist. Nuke are useless as weapons as all they do is get the user destroyed. Iran is no threat to The US we have plenty of oil and don't need Mideast oil at all. So we fight all of these wars and spend all of this money for what. To protect EUROPE and CHINA who get their oil from the Mideast. Really brilliant huh. How would letting CHINA starve for oil hurt the US. If they Euros and Chinese want us to keep this up I recommend they pay us tribute in the form of say GOLD. If they won't then I say we take our toys home and put them on our southern border.....
RP 2012

Iran isn't going to fight us conventionally. They will smuggle a nuke into a city or launch it from a freighter off the coast. And set it off as an EMP weapon mid America. And we aren't going to nuke a whole country for the actions of the screwy government. Plus, the areas that have anti-missile coverage are rare.

But I digress. Ron has blinders on when there is ample evidence that they want to destroy us and bring about a global caliphate.

Sierra Dave

 

[Daganga]

I'm 27 years old and I've been working since I was 14. My dad collects SS and why shouldn't he, he paid into it his whole working life.

I would be just fine with paying into it and getting nothing back if we could scale down payouts over the next 20 years, eventually getting rid of it altogether. I believe that is a realistic solution: Have this generation pay into it to keep the people already on it secure but start lowering the SS tax incrementally over the next couple decades to phase out SS altogether while promoting personal retirement accounts and educating people about personal finance.

The only generation that would suffer is the current one. Being part of that generation, I'm okay with that. The sneaky thing is that the old folks who collect it now would have no reason to gripe because they can still collect; while the younger generation is already heading down that road, the one where we pay out and never collect.

PS: Ron's isolationism is the wrong thing for the right reason.

 

[kris704th]

I'm 27 years old and I've been working since I was 14. My dad collects SS and why shouldn't he, he paid into it his whole working life.

I would be just fine with paying into it and getting nothing back if we could scale down payouts over the next 20 years, eventually getting rid of it altogether. I believe that is a realistic solution: Have this generation pay into it to keep the people already on it secure but start lowering the SS tax incrementally over the next couple decades to phase out SS altogether while promoting personal retirement accounts and educating people about personal finance.

The only generation that would suffer is the current one. Being part of that generation, I'm okay with that. The sneaky thing is that the old folks who collect it now would have no reason to gripe because they can still collect; while the younger generation is already heading down that road, the one where we pay out and never collect.

PS: Ron's isolationism is the wrong thing for the right reason.

Your dad raised a fine level headed son :thumb:

 

[kris704th]

Iran isn't going to fight us conventionally. They will smuggle a nuke into a city or launch it from a freighter off the coast. And set it off as an EMP weapon mid America. And we aren't going to nuke a whole country for the actions of the screwy government. Plus, the areas that have anti-missile coverage are rare.

But I digress. Ron has blinders on when there is ample evidence that they want to destroy us and bring about a global caliphate.

Sierra Dave

Yep .. why the border patrols find prayer rugs left behind from illegals crossing our southern borders. They are not just Mexicans sneaking across .. and why we need to stop this asap. I have a good friend from Detroit .. he was informed that Zetas and Muslims are teaming up there.

 

[9mmMike]

Everyone (for the most part) is ignoring the 500 pound canary in the room. Immediately remove benefits from those who haven't earned them by contributing to the system. Limit payments to welfare to 9 months. Limit payments to welfare mother to only 2 children max. No benefits for illegal aliens. To be a US citizen at least one parent must be a citizen, or both parents must be on a legal visa and on the path to becoming citizens.

Require the government to begin paying back all IOUs and prohibit use of SS for anything other than SS.

Fix the system, don't break it further.

I've contributed to the system for 38 years. For the last 20 (at least) I have contributed the maximum amounts every year, not by choice but because the government forced me. I would rather have put that money in a 401K but was not allowed to. Tell you what, I won't ask for anything more if you just give back the money I have put in for the last 38 years.

If you put your money in a bank and the owners squandered it, it is not your fault and they still owe you the money when you ask for it, if they can't pay, they go to jail. It should be the same way with SS.

 

[The Truth]

The baby boomers were also generally well-insulated when the financial crisis occurred. They had a reasonable amount of capital and assets to lose and still maintain a decent lifestyle.

For my generation, that is, the one that graduated from college/uni around 2008.

Well, we don't have much assets to lose.

I doubt the baby boomers felt the financial crisis much at all, unless they were irresponsible and couldn't save properly over their 40+ years of employment.

Economic crises hurt the younger generations because they aren't cashed up like the older ones are.

Having graduated in 2008 and had to take a 40% pay cut and barely able to make rent and pay off debts while grinding away in the office, it does sting a little to see the cashed up generation voting for more of the same.

Things are a little better now, for me at least, but for most of my friends they are still doing it tough. I got lucky with a few connections, they didn't and now they're scrounging and doing whatever jobs they can find even with decent practical uni/college degrees.

Thems the breaks.

Down here in the trenches, personally I do not think my generation will ever recover and live to see the prosperity of past generations. Had to take a 40% salary cut to stay on, and that becomes the new norm. The baseline that you scrabble for raises from.

I am over that now, but I tell ya, 95% of my generation aren't.

And we got those baby boomer jerks to support in their cushy retirement.

 

[The Truth]

At least baby boomers earned everything they have, unlike the younger generation who couldnt survive without society covering their ***** their whole short lives.

I disagree.

The younger generation has to work harder for each dollar than their predecessors.

Its far more competitive now. A lot of "baby boomers" tripped and fell into their career by luck. They were getting jobs in a 25 year employees market where employees had job offers thrown at their feet.

Now, with most "trip and fall into" careers exported to cheap-labor countries, the bar is much higher and the number of people cut is much higher.

To quote my boss:

"Why do you work so danged hard, don't you have a life? When I was your age all I could think about was tits and football."

What could I tell him? That if I didn't work as hard, I'd have to go apply for welfare and live on the poor end of town where rent is cheap.

Guess who this "younger generation" was raised by? Who gave them the values? Were they born with discipline and work ethic? No, parents either give that to their child or their child does not get those values.

If you are complaining about the lack of discipline and work ethic of the "younger generation" then you should look to the parents.

 

[kris704th]

Everyone (for the most part) is ignoring the 500 pound canary in the room. Immediately remove benefits from those who haven't earned them by contributing to the system. Limit payments to welfare to 9 months. Limit payments to welfare mother to only 2 children max. No benefits for illegal aliens. To be a US citizen at least one parent must be a citizen, or both parents must be on a legal visa and on the path to becoming citizens.

Require the government to begin paying back all IOUs and prohibit use of SS for anything other than SS.

Fix the system, don't break it further.

I've contributed to the system for 38 years. For the last 20 (at least) I have contributed the maximum amounts every year, not by choice but because the government forced me. I would rather have put that money in a 401K but was not allowed to. Tell you what, I won't ask for anything more if you just give back the money I have put in for the last 38 years.

If you put your money in a bank and the owners squandered it, it is not your fault and they still owe you the money when you ask for it, if they can't pay, they go to jail. It should be the same way with SS.

This is exactly what I have stated in two of my previous posts .. get the people who don't contribute OFF. Obama wants to cover illegals after they are given amnesty. There will be a slew of people on disability due to the growing obesity (and all the diseases due to) epidemic in USA.

 

[nomadjanet]

So does that mean that ALL younger voter voted for Obama in 20008

http://articles.cnn.com/2008-11-04/...t-polls-obama-camp-john-mccain?_s=PM:POLITICS

Statistics show that all young voters are socialist liberals. LOL

My DH and I are both baby boomers and we will vote for Ron Paul if we have the opportunity. Stop trying to encourage age warfare and class warfare start trying to show EVERYONE why small federal governments, less wars and more states rights will help EVERYONE and maybe this country might have a chance.

 

[9mmMike]

Cushy retirements? Not on SS! Even at a max payment you are only taking maybe 2-3K per month if that! If they have a cushy retirement it is because they worked their ass off and put away money. I have a 401K which has lost 20-30% of its value, an IRA, ditto, some other investments. With luck at age 70 I might be able to retire if I dump my current house and cut way back, which I am planning on doing. Like I said, just cut me a check for what I put in and I won't ask for anything more.

 

[rice paddy daddy]

Cushy retirements? Not on SS! Even at a max payment you are only taking maybe 2-3K per month if that! If they have a cushy retirement it is because they worked their ass off and put away money. I have a 401K which has lost 20-30% of its value, an IRA, ditto, some other investments. With luck at age 70 I might be able to retire if I dump my current house and cut way back, which I am planning on doing. Like I said, just cut me a check for what I put in and I won't ask for anything more.

Yes! Well put.
My 401K is almost negligable; I have no stocks, no bonds; and when I reach retirement age (66 for my age group) and start drawing SS it's such a small amount that means I'll still have to work at least part time.
So, you young folks think about that aspect - us old guys will be working the entry level jobs that could have gone to your kids. We'll have to in order to survive. Your kids will live with you, under your roof, eating your food, because they can't get a job.

 

[rice paddy daddy]

The baby boomers were also generally well-insulated when the financial crisis occurred. They had a reasonable amount of capital and assets to lose and still maintain a decent lifestyle.



And we got those baby boomer jerks to support in their cushy retirement.

You are pretty far removed from reality. The vast majority of us do not fit your stereotype.
I've never had:
1. capital
2. assets
3. a decent lifestyle

I would respectfully suggest, sir, that WE are not the jerks here.

 

[Gulcher]

The only thing you occupier whiners will be remembered for is your cheap whine.........

You are the Greatest Generation II. I can't wait until those books come out. Oh man pictures of hairy hippy chicks sliding around in the mud at Wood Stock and choppers landing in Vietnam with soldiers leaping out to face the Red Threat VC. Peace marches and Apple computer led by your saint Jobs.
Videos of your youth the 60s and 70s played over and over again. I lived through it once I dread the DVDs from Time Life. Beatles and Led Zeppelin etc. playing all of the music as we all are made to pay tribute to the GG II or go to debtors prison where we are subjected to the Beatles and Elvis if we don't pay you and bask in your greatness.
I am feeling so ill......
RP 2012

 

[kris704th]

Yes! Well put.
My 401K is almost negligable; I have no stocks, no bonds; and when I reach retirement age (66 for my age group) and start drawing SS it's such a small amount that means I'll still have to work at least part time.
So, you young folks think about that aspect - us old guys will be working the entry level jobs that could have gone to your kids. We'll have to in order to survive. Your kids will live with you, under your roof, eating your food, because they can't get a job.

You have that so right. And if you make a certain amount over .. you are deducted a % from SS.

I had oral surgery and dentures a few months ago (that I PAY out of pocket) My dentist was (I kid you NOT) an old man, most likely in his late 70's, hunched over. He was up from Kentucky and standing in for the week at a Affordable Dentures location. I felt so bad for him, as it was evident that he was in pain. He did say that he should retire, but can't afford to do so with his son out of work and a grandson just out of HS .. both living with him. Now that is sad.

 

[53convert]

Hey Wayfara...got a question for ya.
Seeing as you keep referring to us baby boomers as fat old white people,......isnt that straight out of the LaRaza play book? You La Raza there darlin?

You a mehia?

You talk about racisim in your post but when using the words from La Raza you are showing yourself to be equally if not more racist.

Just saying

 

[ChapNelson]

Anybody here actually paying attention the numbers in SS or just engaged in age-ism? This isn't an us vs them, old vs young issue ... this is a flawed system, flawed from inception.

Go to the website, see how much you rate per your contributions. Check out the thing called the wage index. The ones who make more than the index are covering slack for the ones who make less - its not directly proportional to contribution. If you consistently earned under the index, I have consistently paid so you will receive more benefits than you should rate.

My mom never contributed; qualified under survivor benefits from her 3rd husband and received both SS and Medicare benefits before she passed. My father contributed his entire life - collected for 10 years before he passed. I'm 43 and I've put in multiple times more than my Dad ... exactly where do you think the money is coming from to cover my share when I reach the age of eligibility?

Let me ask you, do you think you could walk up to the SS office and ask to withdraw the amount you've put in? Do you think they could refund us all what we've contributed, like its sitting in accounts? Are they Federally Insured as a depository?

If you straight up knew that the only way the Federal government could afford to pay you your SS/Medicare benefits was to take it from your children and grandchildren, would you still take it? Yes, I know you paid; I paid too. Doesn't change a thing. If the only way for you to get that money back is for the government to take it from the next generation, do you still want it?

 

[9mmMike]

Hate to sound cold about it but they have the rest of their lives to kick the politicians butts and get things fixed, I don't. I have 15 years if I work until I am 70 years old to get enough put back to live on the edge. Why I haven't done better with putting money away for retirement is my business, it wasn't for lack of trying! With the way things are changing in my field I may only have 5-10 years where I can earn a decent wage.

Let's see, take a small amount from them over time, or live with them and have them fully responsible for my total keeping since I can't afford to live by myself...hell of a choice you leave.

 

[panoz77]

Why am I responsible for people who didn't prepare and save for their latter years? Why is it my problem that you lived your life beyond your means and now have nothing to show for it? If you feel you don't have the means to survive, your immediate family is responsible for you, not some stranger. Social security was never sustainable.

I also agree SS needs to be phased out, I am 39 and have paid a fair share into it, I don't expect to get one penny back. I would be happy to follow the course that Ron Paul has proposed. I don't want or need SS to survive in my old age, because I am planning for it now. You see, us younger folks won't have any pensions (another crock of BS), it is not an option in today's working environment. We have to rely on our own fiscal responsibility, something others don't want to admit they failed to do.

I have a couple 401K accounts that have been bludgeoned in the last two crashes, I lost at least 5K in the dot com crash and never recovered that amount back (IRA that had to be converted and changed jobs which means my losses were hard losses) and in the last crash 2008-09 I lost about 27K of my 401K over 1/2 and also lost my job so again cannot dollar cost average that money back.

But I also have scrimped and saved my whole life and my wife also works, we live within our means and save money. We have significant savings, it is not hard if you are willing not to have the biggest LCD TV on the block and brag where you went to Hawaii and a Caribbean cruise last summer (while you don't have a pot to **** in, live in debt, paycheck to paycheck).

We are planning for our latter years and I don't expect the government or someone elses taxes to take care of me.

 

[ChapNelson]

Hate to sound cold about it but they have the rest of their lives to kick the politicians butts and get things fixed, I don't.

Thank you for your honesty.