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This is the most rediculous rubish I've seen yet. Do you even realize what you have just said?
Yes, it's the uncomfortable, unfortunate truth.

You are promoting stupidity and self-destruction with this nonsense. Take two individuals who make the same money, one spends it all while the other uses good sense saving and investing. You are stating that the idiot be rewarded while the saver be punished.
No, I'm just stating that that's the system, the system that was set up during the watch of the generation that is now wondering who stole their money. You're just now realizing this? I don't like it either, but until we all stop dreaming about how it should be, and deal with how it IS and how to change that, we'll just continue to squabble instead.

How about you and the ****ing government stay out of both of their business.
Oh believe me, I'd stop paying SS tomorrow if I could. I'd love for the government to "stay out of my business" when it comes to retirement, but I can't. Instead I see a portion of my paycheck donated to the Ponzi every two weeks. I hope you enjoy my tribute!

Yet, you promote something far worse.
A social safety net is "far worse"? :confused: What do you think social security was INTENDED to be?
 

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Do you still believe in Santa Claus:eek: Where is your math? On the backs of kids unborn is how this math is going down.
http://money.usnews.com/money/blogs/planning-to-retire/2010/05/18/12-ways-to-fix-social-security

Perhaps you missed this in your haste to continue your generational warfare (brought to you by your masters on the Left) campaign.

The math is easy. Your "suppositions" about the unsustainability of the system MUST be based on math, correct? Because we ARE talking about numbers, right?

So here's a modicum of solutions ..... based on MATH that will fix it. Any one of these and/or a combination of pieces of them put the system whole for decades beyond YOUR retirement age. And something along these lines WILL be implemented. YOUR generation wants it fixed ... probably moreso than the boomers since you guys throw a tantrum and cry your eyes out at every little "crisis".

I know that facts and basic math don't jibe well with your blame-the-boomers nonsense and your woe-is-us whinefest but that's the rub when numbers are brought in.

Numbers trump tantrums every day.

So stop wringing your hands. You'll get your "faaaaaaiiiiiiiirrrrrrrr" share.
 

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SS is a ponzi scheme which sooner or later is going down. Mathematically it cannot pay what is owed; unless the gov't just prints its way out of it. So all of you who are clamoring to get back what is owed, you will. Don't expect that money to be worth much though. This is what you get for trusting the govt.


I haven't trusted the government since the late 60s. I have done everything that I could to correct things by the rules within the system. There are just way too many folks feeding at the public trough looking for a bigger meal for my efforts to succeed.

Mathematically the government can't pay any portion of it's debt without massive printing and more borrowing, the whole monetary system is set up as debt and borrowing. SS is just one small piece of the debt pie that ran an interest bearing surplus that was robbed for entitlements.
 

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Yes, it's the uncomfortable, unfortunate truth.

No, I'm just stating that that's the system, the system that was set up during the watch of the generation that is now wondering who stole their money. You're just now realizing this? I don't like it either, but until we all stop dreaming about how it should be, and deal with how it IS and how to change that, we'll just continue to squabble instead.

Oh believe me, I'd stop paying SS tomorrow if I could. I'd love for the government to "stay out of my business" when it comes to retirement, but I can't. Instead I see a portion of my paycheck donated to the Ponzi every two weeks. I hope you enjoy my tribute!

A social safety net is "far worse"? :confused: What do you think social security was INTENDED to be?
What? The Social Security act was signed on August 14, 1935.

http://www.nasi.org/learn/socialsecurity

The very first boomers were born in 1946 (and that's being generous, it's more like 48/49 for the start) and therefore didn't enter the workforce until 1964 a full 30 years AFTER the implementation of the system.

How in the hell do you figure it was set up on the boomer's "watch"? What WAS set up just BEFORE their watch was the bastardization and rape of the system by Kennedy/Johnson. The so called "Great Society".

Oh, and let's not forget that the first REDUCTION of benefits WAS "set up" and enacted on the boomer's watch with the revisions of 1983. (Changing the rules to the DETRIMENT of the boomers in the middle of the game) Funny how all you finger-pointers skip right over that ..... not surprising, but funny nonetheless.

If you hand-wringers REALLY want to blame a generation it's the so called "greatest generation" who fit all the criteria that you are erroneously laying on the boomers.

You generation warfare specialists should at least get your history straight before you start tantrum-ing.
 

· Frreeedommm
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3,828 Posts
No, I'm just stating that that's the system, the system that was set up during the watch of the generation that is now wondering who stole their money. You're just now realizing this? I don't like it either, but until we all stop dreaming about how it should be, and deal with how it IS and how to change that, we'll just continue to squabble instead.
Means testing is immoral. Using it as a solution for an ongoing program is extemely unexceptable. Using it for a shorterm phase out from a bad program to a good program is barely exceptable.

Oh believe me, I'd stop paying SS tomorrow if I could. I'd love for the government to "stay out of my business" when it comes to retirement, but I can't. Instead I see a portion of my paycheck donated to the Ponzi every two weeks. I hope you enjoy my tribute!
At 49, i'm not enjoying anyones tribute.

A social safety net is "far worse"? :confused: What do you think social security was INTENDED to be?
Federal government based, yes. The reality is that this country does not need them to survive and prosper. They are turning this country from its free and prosperous roots.

Freewill charity is the only safety net that should be considered. States can establish their own programs to deal with the truly indigent.
 

· Frreeedommm
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It should be stated that SS is the greatest cause of wealth disparity ever divised on purpose or accident.

To the high income earners or wealthy, the 12.4% tax on incomes up to 106k is mearly a small nusense. To the average joe, it is a major part of their disposable income. This handicaps them from personal wealth building while the rich continue to invest freely(as they should).

Which would be better? Promoting a society to prepare and save freely or to have a central planner run ponzi-schemes, forced redistribution schemes and manage them like mafia thieves?

The federal government decided long ago(during a so called "crisis") that you are too stupid to save for yourself. This arrogant mentality of the governing elite has led us to this cliff.

It is easily arguable that promoting the general welfare of a nation is done so by promoting its personal freedom and personal responsibility. It is highly likely that there will be far more people "dying in the streets" in riots due to lack of the entitlement drugs they have been exposed to by government, than by lack of them had they not been exposed at all.

Most everyone has become addicted to these government drugs, not just the boomers. It is hard for people to forego what they are clearly deserving of, but in keeping will destroy the nation.

Privatization is the only viable transition back to sanity. We can either destroy the greatest nation on earth or painfully restore it for future generation. IMO, Armeggedon is pending on this answer.
 

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What? The Social Security act was signed on August 14, 1935.

http://www.nasi.org/learn/socialsecurity

The very first boomers were born in 1946 (and that's being generous, it's more like 48/49 for the start) and therefore didn't enter the workforce until 1964 a full 30 years AFTER the implementation of the system.

How in the hell do you figure it was set up on the boomer's "watch"? What WAS set up just BEFORE their watch was the bastardization and rape of the system by Kennedy/Johnson. The so called "Great Society".

Oh, and let's not forget that the first REDUCTION of benefits WAS "set up" and enacted on the boomer's watch with the revisions of 1983. (Changing the rules to the DETRIMENT of the boomers in the middle of the game) Funny how all you finger-pointers skip right over that ..... not surprising, but funny nonetheless.

If you hand-wringers REALLY want to blame a generation it's the so called "greatest generation" who fit all the criteria that you are erroneously laying on the boomers.

You generation warfare specialists should at least get your history straight before you start tantrum-ing.
Kinda hard to rant/blame dead people who authored and enacted SS .. Thanks for the history lesson .. I doubt that it was appreciated by some here.
 

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http://money.usnews.com/money/blogs/planning-to-retire/2010/05/18/12-ways-to-fix-social-security

Perhaps you missed this in your haste to continue your generational warfare (brought to you by your masters on the Left) campaign.

The math is easy. Your "suppositions" about the unsustainability of the system MUST be based on math, correct? Because we ARE talking about numbers, right?

So here's a modicum of solutions ..... based on MATH that will fix it. Any one of these and/or a combination of pieces of them put the system whole for decades beyond YOUR retirement age. And something along these lines WILL be implemented. YOUR generation wants it fixed ... probably moreso than the boomers since you guys throw a tantrum and cry your eyes out at every little "crisis".

I know that facts and basic math don't jibe well with your blame-the-boomers nonsense and your woe-is-us whinefest but that's the rub when numbers are brought in.

Numbers trump tantrums every day.

So stop wringing your hands. You'll get your "faaaaaaiiiiiiiirrrrrrrr" share.
Your article link is all about "12 Ways to Fix Social Security" because it's SSN math will NOT stand.:eek: All 12 Ways to Fix Social Security are on the backs of the future generations. :taped:

I am a baby boomer and I am intellectually honest enough to see this scam.
 

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Your article link is all about "12 Ways to Fix Social Security" because it's SSN math will NOT stand.:eek: All 12 Ways to Fix Social Security are on the backs of the future generations. :taped:

I am a baby boomer and I am intellectually honest enough to see this scam.
Some of us Baby Boomers saw this comming and started saveing and investing early in our lifes just to avoid what might happen down the road.But then again there are those who did not see the writing on the wall and have no savings and over extended themselfs.
 

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Some of us Baby Boomers saw this comming and started saveing and investing early in our lifes just to avoid what might happen down the road.But then again there are those who did not see the writing on the wall and have no savings and over extended themselfs.
I agree with you.

I do think it is sad the way others feel they need to destroy the next generation.
 

· Long Trump
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Some of us Baby Boomers saw this coming and started saving and investing early in our lives just to avoid what might happen down the road. But then again there are those who did not see the writing on the wall and have no savings and over extended themselves.
I agree with you.

I do think it is sad the way others feel they need to destroy the next generation.
Take a Xanax Branned and stop with the delusional class and generational warfare crap.

I was forced to put $170,000 into the SS system. That money at only 3% return would be over $330,000. The feds robbed the fund and that is why it's in the condition it's in - - - no other reason. To avoid being held accountable for the money they stole they are now trying to convince people, who can't think, that SS is an entitlement. Saying entitlement, entitlement, entitlement, entitlement, over and over again doesn't make it an entitlement. But they are busting their asses to make it look that way, and the feeble minded are buying into it.

I'll tell you what, pay me that $330,000 and I'll walk away from SS.

I like how you people defend the governments theft, buying right into their "entitlement" propaganda.
 

· المتخلف&
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Take a Xanax Branned and stop with the delusional class and generational warfare crap.

I was forced to put $170,000 into the SS system. That money at only 3% return would be over $330,000. The feds robbed the fund and that is why it's in the condition it's in - - - no other reason. To avoid being held accountable for the money they stole they are now trying to convince people, who can't think, that SS is an entitlement. Saying entitlement, entitlement, entitlement, entitlement, over and over again doesn't make it an entitlement. But they are busting their asses to make it look that way, and the feeble minded are buying into it.

I'll tell you what, pay me that $330,000 and I'll walk away from SS.

I like how you people defend the governments theft, buying right into their "entitlement" propaganda.
Ok, you paid in $170,000 ....how are you entitled to anything more than that?




Let's get real, the ENTITLEMENT system will not live long enough for the current generations to collect double what they "paid in", or even break even...


The fact is, that money you "paid in" was RAIDED years ago, and EVERYTHING YOU "PAID IN" was SQUANDERED.

SS is NOT a personal savings account, it is a government sanctioned PONZI SCHEME, and you were lucky enough to be born early enough to get free moonies from it, and enjoy the fact that future generations must bear the burden of continuing the system long enough for you to collect...even when we max out, we still have to "pay in", ever wonder how that makes sense? Ah, Madoff would be proud, not even he could force people to continue to "pay in" by government authority and at the point of a gun...




We "pay in" as well, you fools, the issue is, that money is wasted on big government expenditures, and will not be around when WE go to collect.


Is it any wonder the young are restless on this issue? While you walk away with a 90% return on investment, we will walk away with nothing, except thousands of our hard earned money gone, POOF.
 

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Sorry Boomers, and my wife is one, but at 40 I fully realize that I am being forced to pay into a system I will NEVER benefit from. Too many collectors and not enough contributors. That is why anyone younger than the BB generation wants SS eliminated or privatized.

We pay so you can benefit, sounds like welfare to me.

And I dont mean to offend, you deserve every penny you paid in, no question.
 

· المتخلف&
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Sorry Boomers, and my wife is one, but at 40 I fully realize that I am being forced to pay into a system I will NEVER benefit from. Too many collectors and not enough contributors. That is why anyone younger than the BB generation wants SS eliminated or privatized.

We pay so you can benefit, sounds like welfare to me.

And I dont mean to offend, you deserve every penny you paid in, no question.
Ok, you put it more eloquently than I, but the point remains, it is a welfare system....worse off, it is one funded under the LIE that it is a personal savings plan, when in reality it is, in fact, a ponzi scheme.

Ask anyone knowledgable or at the top of the gov. that oversees it, how SS is NOT a ponzi scheme and the only thing they can come up with is "intent", which is clearly debateable since congress and the federal government has tried to twist definitions on SS, as they reluctantly admit, it is not a personal savings plan, and future generations must pay for the handouts to prior generations...

Here's a SS trustee getting destroyed by Schiff....enjoy...


 

· Long Trump
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Ok, you paid in $170,000 ....how are you entitled to anything more than that?
Pay up. Get over it.

Let's get real, the ENTITLEMENT system will not live long enough for the current generations to collect double what they "paid in", or even break even...
So, you drank the lemonade also . . . too bad.


The fact is, that money you "paid in" was RAIDED years ago, and EVERYTHING YOU "PAID IN" was SQUANDERED.
Not my problem. I hold thieves accountable, sorry if you don't.


SS is NOT a personal savings account, it is a government sanctioned PONZI SCHEME, and you were lucky enough to be born early enough to get free moonies from it, and enjoy the fact that future generations must bear the burden of continuing the system long enough for you to collect...even when we max out, we still have to "pay in", ever wonder how that makes sense? Ah, Madoff would be proud, not even he could force people to continue to "pay in" by government authority and at the point of a gun...
No scheme - the money was there. Theft is theft.

We "pay in" as well, you fools, the issue is, that money is wasted on big government expenditures, and will not be around when WE go to collect.
Yep, wasted . . . and this is my fault how???

Is it any wonder the young are restless on this issue? While you walk away with a 90% return on investment, we will walk away with nothing, except thousands of our hard earned money gone, POOF.
Forty years Johnny. I paid it. I will get it back with interest.

AGAIN with the generational warfare . . . DIRECTED AT THE WRONG PEOPLE. My generation didn't steal the $$, you have to direct your anger at those responsible.

His Royal Highness must be smiling.
 

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Forty years Johnny. I paid it. I will get it back with interest.

AGAIN with the generational warfare . . . DIRECTED AT THE WRONG PEOPLE. My generation didn't steal the $$, you have to direct your anger at those responsible.

His Royal Highness must be smiling.
I agree you paid it. But do you see why those of us that will NEVER collect but are FORCED to pay resent it?

I have no problem supporting my mother and father etc, but supporting others goes against EVERYTHING I was brought up to believe about survival and self reliance.

Hell, I was brought up in the cold war era, my father a SAC vet, flat out told me if the balloon went up, seal myself and whoever was with me in. If anyone, and I mean ANYONE tried to get in, kill them. be it parents, grandparents friends, whatever. I was probably 10 at the time. I still have that mentality.

So why should I pay in to a system with NO benefit to me?
 
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