Which would you rather have $1m in the bank or Social Security Check???

[PaintMyHouse]

But the "other wages" are putting in $1 and getting $6 in return according as well to you. You're really this stupid that you can't understand the $5 deficit there junior?

Furthermore, the baby boomers are starting to retire and they were the largest generation. This leaves LESS people putting in than ever and more people drawing from it than ever.

It has failed - it owes more than it has. That is called failure junior. When you owe more money than you have in your account (or will receive) you have failed.

Boy do you not understand business, and there's no deficit. I put in a buck when I was working, and if I live long enough I get back six from the wages of others. Now that's a deal but it doesn't cause any problem the system can't handle, not yet at least.

You don't understand math, basic economics, business, accounting, or life.

You get back $6 from "the wages of other". Who are those "others" getting their $6 from? You?

This is basic math junior - if 100 people put in a $1 you have an account holding $100. But if they are all expecting $6 in return, then you need $600. Your short $500.

$100 (actual dollars in the account)
- $600 (what you owe)
---------
- $500

Which part of this don't you understand junior?

Here's how it works. I work for ten years and each week I put in a buck, so 52 x 10 for 520. Then I retire and from the fund they send me every week $10. And when what I put in runs out, in 52 weeks, they keep sending me $10 only it's not my ten dollars, now I'm getting it from ten people who are still working, and when they retire the same things happens for them. Sweet deal eh?

That's how you get back much more than you put in, if you live long enough that is.

 

[P@triot]

Mormon version of the Bible you mean. And it has nothing to do with this but thanks. This has to do with paying in a buck and getting back six.

• First of all, that is not in just the Mormon Bible - it is in the book of Matthew in the catholic bible as well junior (you illustrate your ignorance of the bible)
  
  
• Second, it has everything to do with this (you illustrate your ignorance of the subject matter)
  
  
• Third, if everyone receives $6 for every $1 they put in, that leaves a deficit of $5 for every person on every dollar (you illustrate your ignorance of math)

The perfect trifecta of ignorance! No wonder you need government to provide your basic necessities to you....

I know where it is in the Bible. I included Mormon Version because he included "the Prophet Joseph Smith".

You didn't "include". You stated (and I quote) "Mormon version of the Bible you mean". That is very clear.

You keep making things up and then when you are called out on it you make up more stuff.

Can you just be an adult and accept facts? Can you stop making up lies to defend the failed policies you like? Please?

 

[PaintMyHouse]

Take the checks. It has a terrific return if you live that long. You'll get back much more than you paid in.

I've heard that,but the numbers dont add up in my mothers case.
She's received around two hundred thousand over the last ten years and more then likely wont be getting much more.
She payed a hell of a lot more then that in SS taxes over the years.

I doubt it. Most people think they paid in a lot, and they didn't.

 

[PaintMyHouse]

• First of all, that is not in just the Mormon Bible - it is in the book of Matthew in the catholic bible as well junior (you illustrate your ignorance of the bible)
  
  
• Second, it has everything to do with this (you illustrate your ignorance of the subject matter)
  
  
• Third, if everyone receives $6 for every $1 they put in, that leaves a deficit of $5 for every person on every dollar (you illustrate your ignorance of math)

The perfect trifecta of ignorance! No wonder you need government to provide your basic necessities to you....

I know where it is in the Bible. I included Mormon Version because he included "the Prophet Joseph Smith".

You didn't "include". You stated (and I quote) "Mormon version of the Bible you mean". That is very clear.

You keep making things up and then when you are called out on it you make up more stuff.

Can you just be an adult and accept facts? Can you stop making up lies to defend the failed policies you like? Please?

When the Mormons use the Bible it has a twist on it. I could have said Capitalist version of the Bible just as easily.

 

[P@triot]

Boy do you not understand business, and there's no deficit. I put in a buck when I was working, and if I live long enough I get back six from the wages of others. Now that's a deal but it doesn't cause any problem the system can't handle, not yet at least.

You don't understand math, basic economics, business, accounting, or life.

You get back $6 from "the wages of other". Who are those "others" getting their $6 from? You?

This is basic math junior - if 100 people put in a $1 you have an account holding $100. But if they are all expecting $6 in return, then you need $600. Your short $500.

$100 (actual dollars in the account)
- $600 (what you owe)
---------
- $500

Which part of this don't you understand junior?

Here's how it works. I work for ten years and each week I put in a buck, so 52 x 10 for 520. Then I retire and from the fund they send me every week $10. And when what I put in runs out, in 52 weeks, they keep sending me $10 only it's not my ten dollars, now I'm getting it from ten people who are still working, and when they retire the same things happens for them. Sweet deal eh?

That's how you get back much more than you put in, if you live long enough that is.

And since you get back more than you put in, Uncle Sam is short. Which is why Uncle Sam hopes you die before retirement (so that you put in and didn't draw out - helping to close that massive gap they have).

So again I ask, which part of this don't you understand? If everyone is entitled to $5 more than they put in, then you are left with a massive deficit.

 

[P@triot]

Take the checks. It has a terrific return if you live that long. You'll get back much more than you paid in.

I've heard that,but the numbers dont add up in my mothers case.
She's received around two hundred thousand over the last ten years and more then likely wont be getting much more.
She payed a hell of a lot more then that in SS taxes over the years.

I've got one better than that....

My dad started working at 16 years old. Had very little money most of his life - and what little he had he was forced by government to pay into Social Security. Sadly, he died before he reached the age of retirement. Had that money been in a private account, my mom would have had 100% of it. Instead, Uncle Sam and the Dumbocrats fucked her out of all it. She ended up with 0% of his Social Security. How is that fair?!? You pay in and if you die, your family is fucked out of your money.

Vintage idiot Dumbocrat socialism....

 

[PaintMyHouse]

You don't understand math, basic economics, business, accounting, or life.

You get back $6 from "the wages of other". Who are those "others" getting their $6 from? You?

This is basic math junior - if 100 people put in a $1 you have an account holding $100. But if they are all expecting $6 in return, then you need $600. Your short $500.

$100 (actual dollars in the account)
- $600 (what you owe)
---------
- $500

Which part of this don't you understand junior?

Here's how it works. I work for ten years and each week I put in a buck, so 52 x 10 for 520. Then I retire and from the fund they send me every week $10. And when what I put in runs out, in 52 weeks, they keep sending me $10 only it's not my ten dollars, now I'm getting it from ten people who are still working, and when they retire the same things happens for them. Sweet deal eh?

That's how you get back much more than you put in, if you live long enough that is.

And since you get back more than you put in, Uncle Sam is short. Which is why Uncle Sam hopes you die before retirement (so that you put in and didn't draw out - helping to close that massive gap they have).

So again I ask, which part of this don't you understand? If everyone is entitled to $5 more than they put in, then you are left with a massive deficit.

There's no deficit, yet. You misunderstand how the system works. Cash comes in from wages, and it goes right back out ago as checks to retirees. If they live long enough they get back far more than they put in. That's all little puppy.

 

[PaintMyHouse]

Take the checks. It has a terrific return if you live that long. You'll get back much more than you paid in.

I've heard that,but the numbers dont add up in my mothers case.
She's received around two hundred thousand over the last ten years and more then likely wont be getting much more.
She payed a hell of a lot more then that in SS taxes over the years.

I've got one better than that....

My dad started working at 16 years old. Had very little money most of his life - and what little he had he was forced by government to pay into Social Security. Sadly, he died before he reached the age of retirement. Had that money been in a private account, my mom would have had 100% of it. Instead, Uncle Sam and the Dumbocrats fucked her out of all it. She ended up with 0% of his Social Security. How is that fair?!? You pay in and if you die, your family is fucked out of your money.

Vintage idiot Dumbocrat socialism....

That's not how the system works, except for the dying young part. If you die even a day before they cut you the first check, the money goes to others, which might include your survivors. And it was never really your money in the first place. It's Pay as you Go, it's not a savings account.

 

[P@triot]

Take the checks. It has a terrific return if you live that long. You'll get back much more than you paid in.

I've heard that,but the numbers dont add up in my mothers case.
She's received around two hundred thousand over the last ten years and more then likely wont be getting much more.
She payed a hell of a lot more then that in SS taxes over the years.

I've got one better than that....

My dad started working at 16 years old. Had very little money most of his life - and what little he had he was forced by government to pay into Social Security. Sadly, he died before he reached the age of retirement. Had that money been in a private account, my mom would have had 100% of it. Instead, Uncle Sam and the Dumbocrats fucked her out of all it. She ended up with 0% of his Social Security. How is that fair?!? You pay in and if you die, your family is fucked out of your money.

Vintage idiot Dumbocrat socialism....

 

[P@triot]

I've heard that,but the numbers dont add up in my mothers case.
She's received around two hundred thousand over the last ten years and more then likely wont be getting much more.
She payed a hell of a lot more then that in SS taxes over the years.

I've got one better than that....

My dad started working at 16 years old. Had very little money most of his life - and what little he had he was forced by government to pay into Social Security. Sadly, he died before he reached the age of retirement. Had that money been in a private account, my mom would have had 100% of it. Instead, Uncle Sam and the Dumbocrats fucked her out of all it. She ended up with 0% of his Social Security. How is that fair?!? You pay in and if you die, your family is fucked out of your money.

Vintage idiot Dumbocrat socialism....

That's not how the system works, except for the dying young part. If you die even a day before they cut you the first check, the money goes to others, which might include your survivors. And it was never really your money in the first place. It's Pay as you Go, it's not a savings account.

Vintage Dumbocrat absurdity there. They always believe it's not your money - it belongs to society

Junior, that was my dad's money. He earned it working in the private industry from a private company. He was forced to give it to government and it was ultimately stolen from my mom. Had they had the freedom that the U.S. Constitution guarantees them, that money would have been in their pockets and my mom would have had it. But then, if they had that freedom that they were guaranteed, parasites like you wouldn't be able to mooch off of them, right?

The more you attempt to spin this and the more you keep making outrageous claims about "how it works" the more you illustrate your ignorance of the topic and the reality that you have no idea "how it works".

 

[P@triot]

Here's how it works. I work for ten years and each week I put in a buck, so 52 x 10 for 520. Then I retire and from the fund they send me every week $10. And when what I put in runs out, in 52 weeks, they keep sending me $10 only it's not my ten dollars, now I'm getting it from ten people who are still working, and when they retire the same things happens for them. Sweet deal eh?

That's how you get back much more than you put in, if you live long enough that is.

And since you get back more than you put in, Uncle Sam is short. Which is why Uncle Sam hopes you die before retirement (so that you put in and didn't draw out - helping to close that massive gap they have).

So again I ask, which part of this don't you understand? If everyone is entitled to $5 more than they put in, then you are left with a massive deficit.

There's no deficit, yet. You misunderstand how the system works. Cash comes in from wages, and it goes right back out ago as checks to retirees. If they love long enough they get back far more than they put in. That's all little puppy/

You are astoundingly ignorant of basic math and basic accounting. Cash comes in from wages - $1 from each person. Checks go out to retirees - $6 for every $1 put in from each person. That leaves a $5 deficit junior. A $5 deficit for every dollar from every person is how it actually works.

Are you in high school? I just can't believe an adult could be this ignorant. It borders on severe mental retardation - literally.

 

[P@triot]

I know where it is in the Bible. I included Mormon Version because he included "the Prophet Joseph Smith".

You didn't "include". You stated (and I quote) "Mormon version of the Bible you mean". That is very clear.

You keep making things up and then when you are called out on it you make up more stuff.

Can you just be an adult and accept facts? Can you stop making up lies to defend the failed policies you like? Please?

When the Mormons use the Bible it has a twist on it. I could have said Capitalist version of the Bible just as easily.

But you didn't.... because, well, you have no fucking clue what you're talking about. But rather than admit that and/or just avoid commenting, like most ignorant Dumbocrats you weigh in with lies and expose your ignorance.

It was very clear (and is still posted there for all to see) - you quickly Googled that verse, saw something about "mormon" in the results and quickly posted "in the Mormon version" (as if that somehow excused the point anyway).

You're an idiot who knows nothing about the bible. Which is fine. But don't comment on something you know nothing about stupid. Just keep your mouth shut. Otherwise, you prove to everyone why you have no credibility. Because you think it's acceptable to make shit up to push your agenda.

 

[Brain357]

I've got one better than that....

My dad started working at 16 years old. Had very little money most of his life - and what little he had he was forced by government to pay into Social Security. Sadly, he died before he reached the age of retirement. Had that money been in a private account, my mom would have had 100% of it. Instead, Uncle Sam and the Dumbocrats fucked her out of all it. She ended up with 0% of his Social Security. How is that fair?!? You pay in and if you die, your family is fucked out of your money.

Vintage idiot Dumbocrat socialism....

That's not how the system works, except for the dying young part. If you die even a day before they cut you the first check, the money goes to others, which might include your survivors. And it was never really your money in the first place. It's Pay as you Go, it's not a savings account.

Vintage Dumbocrat absurdity there. They always believe it's not your money - it belongs to society

Junior, that was my dad's money. He earned it working in the private industry from a private company. He was forced to give it to government and it was ultimately stolen from my mom. Had they had the freedom that the U.S. Constitution guarantees them, that money would have been in their pockets and my mom would have had it. But then, if they had that freedom that they were guaranteed, parasites like you wouldn't be able to mooch off of them, right?

The more you attempt to spin this and the more you keep making outrageous claims about "how it works" the more you illustrate your ignorance of the topic and the reality that you have no idea "how it works".

Survivors can collect benefits.

 

[JakeStarkey]

The chance of me living to 75 is-exactly-zero.

The Social Security Administration, or SSA, will expedite your benefits claim if you can prove you are terminally ill. To have your claim expedited, bring all medical proof that you have to your interview with the SSA representative. You must be able to prove that your medical condition is not expected to improve, and that your doctors expect it to result in death. Once your representative flags it as a terminal illness case, he will accelerate the claims process. Have a question? Get an answer from a personal finance professional now!
Read more: How to Expedite a Social Security Claim for the Terminally Ill | eHow

I appreciate you copy/pasting that line of shit they run. But the fact is it hardly works that way. People wait decades. Their process is geared towards you being dead so they don't have to pay.

My relative got an appointment, took about an hour and a half, was done, and the process took about three weeks. That was late last year.

But you know your own position best.

Nonetheless, SS is overwhelmingly the best option for the overwhelming number of Americans.

 

[PaintMyHouse]

You didn't "include". You stated (and I quote) "Mormon version of the Bible you mean". That is very clear.

You keep making things up and then when you are called out on it you make up more stuff.

Can you just be an adult and accept facts? Can you stop making up lies to defend the failed policies you like? Please?

When the Mormons use the Bible it has a twist on it. I could have said Capitalist version of the Bible just as easily.

But you didn't.... because, well, you have no fucking clue what you're talking about. But rather than admit that and/or just avoid commenting, like most ignorant Dumbocrats you weigh in with lies and expose your ignorance.

It was very clear (and is still posted there for all to see) - you quickly Googled that verse, saw something about "mormon" in the results and quickly posted "in the Mormon version" (as if that somehow excused the point anyway).

You're an idiot who knows nothing about the bible. Which is fine. But don't comment on something you know nothing about stupid. Just keep your mouth shut. Otherwise, you prove to everyone why you have no credibility. Because you think it's acceptable to make shit up to push your agenda.

Stupidity at your level cannot be fixed. Moving on...

 

[P@triot]

Here's how it works. I work for ten years and each week I put in a buck, so 52 x 10 for 520. Then I retire and from the fund they send me every week $10. And when what I put in runs out, in 52 weeks, they keep sending me $10 only it's not my ten dollars, now I'm getting it from ten people who are still working, and when they retire the same things happens for them. Sweet deal eh?

That's how you get back much more than you put in, if you live long enough that is.

And since you get back more than you put in, Uncle Sam is short. Which is why Uncle Sam hopes you die before retirement (so that you put in and didn't draw out - helping to close that massive gap they have).

So again I ask, which part of this don't you understand? If everyone is entitled to $5 more than they put in, then you are left with a massive deficit.

There's no deficit, yet. You misunderstand how the system works. Cash comes in from wages, and it goes right back out ago as checks to retirees. If they love long enough they get back far more than they put in.

It is fall down hilarious how this kid believes that basic accounting principles cease to exist simply because you stop paying in and someone else starts.

Son, every person who is born in the U.S. is instantly handed an IOU by Uncle Sam (even those who never worked and paid into the system). If they pay in less than they draw out, then Uncle Sam is left with a massive deficit.

This is just basic accounting junior. It's why every single person in the U.S. (other than your dumb ass) understands that Social Security is insolvent.

 

[P@triot]

When the Mormons use the Bible it has a twist on it. I could have said Capitalist version of the Bible just as easily.

But you didn't.... because, well, you have no fucking clue what you're talking about. But rather than admit that and/or just avoid commenting, like most ignorant Dumbocrats you weigh in with lies and expose your ignorance.

It was very clear (and is still posted there for all to see) - you quickly Googled that verse, saw something about "mormon" in the results and quickly posted "in the Mormon version" (as if that somehow excused the point anyway).

You're an idiot who knows nothing about the bible. Which is fine. But don't comment on something you know nothing about stupid. Just keep your mouth shut. Otherwise, you prove to everyone why you have no credibility. Because you think it's acceptable to make shit up to push your agenda.

Stupidity at your level cannot be fixed. Moving on...

Says the kid who believes that basic accounting principles cease to exist with Social Security...

Son, you're moving on because I've humiliated you with facts. Moving on would be the first smart thing you've done today.

 

[P@triot]

That's not how the system works, except for the dying young part. If you die even a day before they cut you the first check, the money goes to others, which might include your survivors. And it was never really your money in the first place. It's Pay as you Go, it's not a savings account.

Vintage Dumbocrat absurdity there. They always believe it's not your money - it belongs to society

Junior, that was my dad's money. He earned it working in the private industry from a private company. He was forced to give it to government and it was ultimately stolen from my mom. Had they had the freedom that the U.S. Constitution guarantees them, that money would have been in their pockets and my mom would have had it. But then, if they had that freedom that they were guaranteed, parasites like you wouldn't be able to mooch off of them, right?

The more you attempt to spin this and the more you keep making outrageous claims about "how it works" the more you illustrate your ignorance of the topic and the reality that you have no idea "how it works".

Survivors can collect benefits.

Survivors can collect ONE benefit. My mom was not able to collect her SS and my dad's - she had to choose ONE. They BOTH paid in, it affected their lives together, but she only gets the benefits of ONE.

Had that been in a private account, she would have received ALL of their money. Instead, Uncle Sam and the Dumbocrats fucked her out of 100% of my dad's money.

 

[P@triot]

The Social Security Administration, or SSA, will expedite your benefits claim if you can prove you are terminally ill. To have your claim expedited, bring all medical proof that you have to your interview with the SSA representative. You must be able to prove that your medical condition is not expected to improve, and that your doctors expect it to result in death. Once your representative flags it as a terminal illness case, he will accelerate the claims process. Have a question? Get an answer from a personal finance professional now!
Read more: How to Expedite a Social Security Claim for the Terminally Ill | eHow

I appreciate you copy/pasting that line of shit they run. But the fact is it hardly works that way. People wait decades. Their process is geared towards you being dead so they don't have to pay.

My relative got an appointment, took about an hour and a half, was done, and the process took about three weeks. That was late last year.

But you know your own position best.

Nonetheless, SS is overwhelmingly the best option for the overwhelming number of Americans.

No - it's the overwhelming best option for the parasite class. They contribute nothing and walk away with everything.

For the rest of America, it's the ultimate screw-job. You're forced into a shitty system against your will, and your family gets fucked out of ALL of your money if you die early.

Only a Dumbocrat could call that "the best option"

 

[PaintMyHouse]

But you didn't.... because, well, you have no fucking clue what you're talking about. But rather than admit that and/or just avoid commenting, like most ignorant Dumbocrats you weigh in with lies and expose your ignorance.

It was very clear (and is still posted there for all to see) - you quickly Googled that verse, saw something about "mormon" in the results and quickly posted "in the Mormon version" (as if that somehow excused the point anyway).

You're an idiot who knows nothing about the bible. Which is fine. But don't comment on something you know nothing about stupid. Just keep your mouth shut. Otherwise, you prove to everyone why you have no credibility. Because you think it's acceptable to make shit up to push your agenda.

Stupidity at your level cannot be fixed. Moving on...

Says the kid who believes that basic accounting principles cease to exist with Social Security...

Son, you're moving on because I've humiliated you with facts. Moving on would be the first smart thing you've done today.

Sweetcheeks, you are clueless. I'm sorry but I can't fix that. Social Security is not a savings account, or any other version of basic double-entry accounting, and you can't understand that.