Beating Social Security

[francoHFW]

I think SS should be reformed, but people need to be mandated to save. They simply do not save enough.

They are- it's called SS.

 

[Lakhota]

12. What have we learned?

The Roosevelt government ignored the Constitution and provided federal 'insurance,' Social Security. The original plan has created enormous debt, now, and into the future. This thread provided a hypothetical plan that would result in thrice the benefits, and an actual, Alternative Plan that gives the citizen more control of his own money.

And, it was noted that the Ponzi Scheme called Social Security is not legally binding on the government....

....as it is, they have stolen all the funds, anyway.



So what the heck is wrong with infantilizing the citizenry, making nice to 'em "from cradle to grave"?

A few things.

a. “Previous generations crossed the frozen Bering Straits, rounded the Cape of Good Hope, discovered the New World, traveled the Oregon Trail, climbed Mount Everest.” The Greatest Generation included teenage boys who went off to liberate Europe, island-hp through the Pacific, and defeat the Japanese Empire…So far, though, the great pioneering move of Generation Me is to move back home to live in mom’s basement. Sykes, “50 Rules Kids Won’t Learn in School,” p. 79.


b.The Welfare State inhibits the maturation of youth into responsible adults. It infantilizes its citizens. In earlier times, the view of males was to earn a living and use same to support a wife and family.

Obama: "if you're a young adult, you can stay on your parent's health insurance policy until you are 26." So much for the view of being independent at the age of 21. Bet there would be applause if he had announced 'until 36!' This is what the Liberal Welfare State encourages: dependence.
So....where are all the men? Ask the Liberals what happened to them.


Grow the heck up.
Plan for your own contingencies, make mature and responsible decision and choices. Get Liberalism out of our government.


Grow the heck up.

Be like Orly Taitz and file countless frivolous lawsuits. Do it for your country. I'm sure you will prevail.

 

[Old Rocks]

Roosevelt's Social Security plan proved faulty right from the start.


4. Ida May Fuller, the first person to begin receiving Social Security benefits, paid in a total of $24.75....
...and during her lifetime she collected a total of $22,888.92 in Social Security benefits.”



Ms. Fuller was not the only one who benefits from the flawed planning by big government (read 'Roosevelt's Folly').
Lack of planning is the reason for the huge liability America faces from Social Security....


a. " According to the institute’s data, a two-earner couple receiving an average wage — $44,600 per spouse in 2012 dollars — and turning 65 in 2010 would have paid $722,000 into Social Security and Medicare and can be expected to take out $966,000 in benefits. So, this couple will be paid about one-third more in benefits than they paid in taxes.

If a similar couple had retired in 1980, they would have gotten back almost three times what they put in. And if they had retired in 1960, they would have gotten back more than eight times what they paid in. The bigger discrepancies common decades ago can be traced in part to the fact that some of these individuals’ working lives came before Social Security taxes were collected beginning in 1937.

Some types of families did much better than average. A couple with only one spouse working (and receiving the same average wage) would have paid in $361,000 if they turned 65 in 2010, but can expect to get back $854,000 — more than double what they paid in.
In 1980, this same 65-year-old couple would have received five times more than what they paid in, while in 1960, such a couple would have ended up with 14 times what they put in.

Such findings suggest that, even allowing for inflation and investment gains, many seniors will receive much more in benefits than what they paid in."
http://www.politifact.com/truth-o-m...re-and-social-security-what-you-paid-what-yo/


Good thinking, Liberals.

Yessireee.................. Good GOP morals, work them till they drop, and then throw them out into the street to die. "Let him die, let him die!!!". And ol' Staph is cheering all the way. Until they throw her out into the street. Maybe then she can 'roll'.

 

[PoliticalChic]

It is law now, and deemed constitutional, dingbat. Raise the limit and pace it to inflation. DONE.

"...deemed constitutional..."

Except that it's not.

Do you read English?

If so....find the part of the enumerated powers of the federal government that gives it authority to write insurance for its citizens.


Or...admit that Liberal governance is lawless governance.

The constitution has been added to for 218 years. duh

The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

 

[PoliticalChic]

12. What have we learned?

The Roosevelt government ignored the Constitution and provided federal 'insurance,' Social Security. The original plan has created enormous debt, now, and into the future. This thread provided a hypothetical plan that would result in thrice the benefits, and an actual, Alternative Plan that gives the citizen more control of his own money.

And, it was noted that the Ponzi Scheme called Social Security is not legally binding on the government....

....as it is, they have stolen all the funds, anyway.



So what the heck is wrong with infantilizing the citizenry, making nice to 'em "from cradle to grave"?

A few things.

a. “Previous generations crossed the frozen Bering Straits, rounded the Cape of Good Hope, discovered the New World, traveled the Oregon Trail, climbed Mount Everest.” The Greatest Generation included teenage boys who went off to liberate Europe, island-hp through the Pacific, and defeat the Japanese Empire…So far, though, the great pioneering move of Generation Me is to move back home to live in mom’s basement. Sykes, “50 Rules Kids Won’t Learn in School,” p. 79.


b.The Welfare State inhibits the maturation of youth into responsible adults. It infantilizes its citizens. In earlier times, the view of males was to earn a living and use same to support a wife and family.

Obama: "if you're a young adult, you can stay on your parent's health insurance policy until you are 26." So much for the view of being independent at the age of 21. Bet there would be applause if he had announced 'until 36!' This is what the Liberal Welfare State encourages: dependence.
So....where are all the men? Ask the Liberals what happened to them.


Grow the heck up.
Plan for your own contingencies, make mature and responsible decision and choices. Get Liberalism out of our government.


Grow the heck up.

Be like Orly Taitz and file countless frivolous lawsuits. Do it for your country. I'm sure you will prevail.

More proof of this:

"Principle is nothing to liberals. Winning is everything."
Coulter


This truth represents the death of Ameria.

 

[PoliticalChic]

Roosevelt's Social Security plan proved faulty right from the start.


4. Ida May Fuller, the first person to begin receiving Social Security benefits, paid in a total of $24.75....
...and during her lifetime she collected a total of $22,888.92 in Social Security benefits.”



Ms. Fuller was not the only one who benefits from the flawed planning by big government (read 'Roosevelt's Folly').
Lack of planning is the reason for the huge liability America faces from Social Security....


a. " According to the institute’s data, a two-earner couple receiving an average wage — $44,600 per spouse in 2012 dollars — and turning 65 in 2010 would have paid $722,000 into Social Security and Medicare and can be expected to take out $966,000 in benefits. So, this couple will be paid about one-third more in benefits than they paid in taxes.

If a similar couple had retired in 1980, they would have gotten back almost three times what they put in. And if they had retired in 1960, they would have gotten back more than eight times what they paid in. The bigger discrepancies common decades ago can be traced in part to the fact that some of these individuals’ working lives came before Social Security taxes were collected beginning in 1937.

Some types of families did much better than average. A couple with only one spouse working (and receiving the same average wage) would have paid in $361,000 if they turned 65 in 2010, but can expect to get back $854,000 — more than double what they paid in.
In 1980, this same 65-year-old couple would have received five times more than what they paid in, while in 1960, such a couple would have ended up with 14 times what they put in.

Such findings suggest that, even allowing for inflation and investment gains, many seniors will receive much more in benefits than what they paid in."
Medicare and Social Security: What you paid compared with what you get


Good thinking, Liberals.

Yessireee.................. Good GOP morals, work them till they drop, and then throw them out into the street to die. "Let him die, let him die!!!". And ol' Staph is cheering all the way. Until they throw her out into the street. Maybe then she can 'roll'.

Actually, the "die" part is the sentiment both expressed, and carried out by Liberal predecessors like communism, and Nazism.

And this:

Democrat Governor Dick Lamm once created a firestorm in Colorado (a few years after leaving the Governor’s office) when he said: “the elderly have a duty to die.”


Only the most ignorant accept the obverse of truth put out by the DNC...
Raise your paw.

 

[danielpalos]

simply providing full recourse to unemployment compensation simply for being unemployed could reduce the need for social security.

 

[PoliticalChic]

Social Security is a "safety net" - a valuable lesson learned from the Great Depression. Corporations do not have "safety nets"...

False.

"Retirement Investing: A Married Couple Working for Wal-Mart Could Retire and Live Very Comfortably
...a perfectly average American couple, John and Jane, who have 2.5 kids, drive a minivan, and live in the Midwest. They are both assistant managers at local Walmart stores, earning the average salary of $58,000 for their job, or $116,000 combined.

Every year, they both buy $1,800 worth of Wal-Mart Stores, Inc. common stock, having the money taken directly out of their paycheck. With the 15% match on the $3,600 they are saving between the two of them, they are able to buy $4,140 worth of shares in Walmart every year.

..., both max out their 401(k) up to the point of the match (6% of salary). .... a 100% return on their money instantly, for a total of $13,920 annually. In the 25% bracket, they are going to receive $1,740 in tax credits for their part of the retirement contribution, putting extra cash in their pocket each year.

....they’d retire with nearly $4.9 million in their investment account at average long-term rates of return. If inflation runs the same rate it did during the past century, that would be around $1.7 million in today’s dollars, which would generate $5,700 per month pre-tax without every touching the principal."
A Married Couple Working for Walmart Could Retire and Live Very Comfortably


"...than today's average Social Security benefitof $1,230 per month, according to the Social Security Administration. (Google it – it’s a fact)."

 

[francoHFW]

$58k at Walmart. lol

 

[PoliticalChic]

$58k at Walmart. lol

Don't worry....they won't relieve you or your 'greeter' position.'


BTW....you seem to have missed this:
The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

 

[rightwinger]

$58k at Walmart. lol

Don't worry....they won't relieve you or your 'greeter' position.'


BTW....you seem to have missed this:
The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

Day 2

Still looking for your plan to replace Social Security. I thought you said you had it all mapped out?

Losing your train of thought?

 

[Lakhota]

$58k at Walmart. lol

Don't worry....they won't relieve you or your 'greeter' position.'


BTW....you seem to have missed this:
The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

Day 2

Still looking for your plan to replace Social Security. I thought you said you had it all mapped out?

Losing your train of thought?

The Orly Taitz of Social Security is hilarious to watch.

 

[rightwinger]

$58k at Walmart. lol

Don't worry....they won't relieve you or your 'greeter' position.'


BTW....you seem to have missed this:
The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

Day 2

Still looking for your plan to replace Social Security. I thought you said you had it all mapped out?

Losing your train of thought?

The Orly Taitz of Social Security is hilarious to watch.

Best she can do is babble about compound interest.

I thought she could do better than that....obviously not

 

[PoliticalChic]

$58k at Walmart. lol

Don't worry....they won't relieve you or your 'greeter' position.'


BTW....you seem to have missed this:
The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

Day 2

Still looking for your plan to replace Social Security. I thought you said you had it all mapped out?

Losing your train of thought?

Don't lie.

I gave you three....every one better than your lord and master's blueprint.

 

[rightwinger]

Day 2 and we still have...

FDR 1
PC 0

 

[rightwinger]

$58k at Walmart. lol

Don't worry....they won't relieve you or your 'greeter' position.'


BTW....you seem to have missed this:
The Constitution can be altered in only one way: the amendment process.
See article five.

If you had ever......ever.....studied history you'd know that.

Day 2

Still looking for your plan to replace Social Security. I thought you said you had it all mapped out?

Losing your train of thought?

Don't lie.

I gave you three....every one better than your lord and master's blueprint.

Name the posts

 

[PoliticalChic]

Day 2 and we still have...

FDR 1
PC 0

"Doug Bandow, a former special assistant to President Ronald Reagan, and a senior fellow at the Cato Institute, warns that seniors must plan for “Social Security’s coming crash.”

And in an alarming article, U.S. News & World Report argues that payouts will inevitably end, and says you must learn how to “prepare for the end of Social Security” now.

How could this happen?

As you know, Social Security operates as a classic Ponzi scheme — new contributions are used to pay off earlier contributors."
2016... The End of Social Security (Leaked Evidence Stumps Obama, Stuns Retirees) - The Sovereign Investor

 

[rightwinger]

Day 2 and we still have...

FDR 1
PC 0

"Doug Bandow, a former special assistant to President Ronald Reagan, and a senior fellow at the Cato Institute, warns that seniors must plan for “Social Security’s coming crash.”

And in an alarming article, U.S. News & World Report argues that payouts will inevitably end, and says you must learn how to “prepare for the end of Social Security” now.

How could this happen?

As you know, Social Security operates as a classic Ponzi scheme — new contributions are used to pay off earlier contributors."
2016... The End of Social Security (Leaked Evidence Stumps Obama, Stuns Retirees) - The Sovereign Investor

Coming crash?

Republicans have been predicting the demise of Social Security for 70 years now

Any day now PC?

 

[my2¢]

The government won't let go of Social Security because it's providing them a system of national id's, especially useful for enforcing the income tax.

 

[Sun Devil 92]

Prior to FDR, peoples retirement consisted of having enough kids and hoping one of them would support you in your old age

There was no such thing as retirement. You worked until you were no longer able to work and then hoped you died young

Social Security provided all Americans with a nest egg so they could be protected in their old age

This statement is ignorant.

Prior to Social Security most people worked on the family farm or in the family business. As they got older, they got reduced responsiblities.

Industrialization made it so the elderly had to get out of the way. And they had no where to go.

Once again, piss poor history lesson from the left.