Who Should Have The Right To Vote?

[LoneLaugher]

Everything the government pays for comes from taxes or money borrowed based on the full faith and credit of the US. EVERYTHING!

And still no answer to the question

I will spell it out for you very s l o w l y. By your definition, any program the government funds that is done with either taxes collected or borrowed money from selling US Treasury bonds is welfare. If that is your preference, knock yourself out. That includes food stamps, SS, Medicare, US Army et al.

If that program involves writing checks to people who have done nothing in exchange for them, then it's welfare.

Agreed, and all of those that paid Social Security and Medicare taxes are not on welfare.

Yes they are. The checks they are receiving is not their money. They didn't do a thing to earn it.

checks.......are not.....

 

[TooTall]

It isn't bankrupt until the Federal government can no longer sell US Treasuries, which is a back door method of the government borrowing money. If that day comes, you and I will have a helluva lot more to worry about than Social Security.

I asked you this before. It operates exactly like food stamps. There are no assets. Just because government can tax enough to fund it, how does that make it not a welfare program? Explain how food stamps is not a welfare program since it works exactly the same way.

It isn't bankrupt until the Federal government can no longer sell US Treasuries, which is a back door method of the government borrowing money. If that day comes, you and I will have a helluva lot more to worry about than Social Security.

I asked you this before. It operates exactly like food stamps. There are no assets. Just because government can tax enough to fund it, how does that make it not a welfare program? Explain how food stamps is not a welfare program since it works exactly the same way.

Everything the government pays for comes from taxes or money borrowed based on the full faith and credit of the US. EVERYTHING!

Your point? "The full faith and credit" of the federal government is worth about as much as a promise Obama makes.

I will remember that the next time the Republicans shut down the government and the Democrats play that card.

What would that prove?

That you are incorrect about the worth of the full faith and credit of the federal government. I do agree that many of the promises Obama makes are worthless, but that is for another thread.

 

[bripat9643]

And still no answer to the question

I will spell it out for you very s l o w l y. By your definition, any program the government funds that is done with either taxes collected or borrowed money from selling US Treasury bonds is welfare. If that is your preference, knock yourself out. That includes food stamps, SS, Medicare, US Army et al.

If that program involves writing checks to people who have done nothing in exchange for them, then it's welfare.

Agreed, and all of those that paid Social Security and Medicare taxes are not on welfare.

Yes they are. The checks they are receiving is not their money. They didn't do a thing to earn it.

checks.......are not.....

Huh?

 

[bripat9643]

I asked you this before. It operates exactly like food stamps. There are no assets. Just because government can tax enough to fund it, how does that make it not a welfare program? Explain how food stamps is not a welfare program since it works exactly the same way.

I asked you this before. It operates exactly like food stamps. There are no assets. Just because government can tax enough to fund it, how does that make it not a welfare program? Explain how food stamps is not a welfare program since it works exactly the same way.

Everything the government pays for comes from taxes or money borrowed based on the full faith and credit of the US. EVERYTHING!

Your point? "The full faith and credit" of the federal government is worth about as much as a promise Obama makes.

I will remember that the next time the Republicans shut down the government and the Democrats play that card.

What would that prove?

That you are incorrect about the worth of the full faith and credit of the federal government. I do agree that many of the promises Obama makes are worthless, but that is for another thread.

I'm not wrong about the "full faith and credit of the federal government." The federal government has reneged on its obligations too many times to count.

 

[TooTall]

They aren't bankrupt YET! I already posted this once, but here it is again.

"According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2011 onward. However, due to interest (earned at a 4.4% rate in 2011) the program will run an overall surplus that adds to the fund through the end of 2021.
Under current law, the securities in the fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the trust fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. By 2033, the fund is expected to be exhausted. Thereafter, payroll taxes are projected to only cover approximately 75% of program obligations."

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

Why don't you merely quit paying SS and Medicare taxes? I didn't invent this system and don't really care. I do not need SS or Medicare, but do not begrudge it to those that do. I would have to be an asshole like you to do that.

It takes a special kind of stupid to ask someone why they don't stop paying taxes.

It takes a special kind of stupid to say that collecting the benefits of the insurance you paid for is welfare.

It's not insurance, and the FICA taxes you paid when to current beneficiaries. It has already been spent.

You apparently are rather stupid.

"Under the Federal Insurance Contributions Act (FICA) 12.4% of earned income up to an annual limit must be paid into Social Security, and an additional 2.9% must be paid into Medicare."

 

[bripat9643]

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

Why don't you merely quit paying SS and Medicare taxes? I didn't invent this system and don't really care. I do not need SS or Medicare, but do not begrudge it to those that do. I would have to be an asshole like you to do that.

It takes a special kind of stupid to ask someone why they don't stop paying taxes.

It takes a special kind of stupid to say that collecting the benefits of the insurance you paid for is welfare.

It's not insurance, and the FICA taxes you paid when to current beneficiaries. It has already been spent.

You apparently are rather stupid.

"Under the Federal Insurance Contributions Act (FICA) 12.4% of earned income up to an annual limit must be paid into Social Security, and an additional 2.9% must be paid into Medicare."

The money you paid in has already been spent. Any SS checks you receive are paid by new suckers forced into the system. It's not your money, by any reasonable definition of the term "yours."

 

[bripat9643]

Bri........are you going to collect your SS benes?

Sure I am. I'll collect every government benefit I'm entitled to.

Figured.

Why shouldn't I collect the benefits that morons like you foisted on me?

I dunno. Maybe you can't be trusted to vote. You might try to vote yourself higher benefits.

I certainly don't trust you to vote. You've already proven yourself incompetent on that score.

 

[TooTall]

Why don't you merely quit paying SS and Medicare taxes? I didn't invent this system and don't really care. I do not need SS or Medicare, but do not begrudge it to those that do. I would have to be an asshole like you to do that.

It takes a special kind of stupid to ask someone why they don't stop paying taxes.

It takes a special kind of stupid to say that collecting the benefits of the insurance you paid for is welfare.

It's not insurance, and the FICA taxes you paid when to current beneficiaries. It has already been spent.

You apparently are rather stupid.

"Under the Federal Insurance Contributions Act (FICA) 12.4% of earned income up to an annual limit must be paid into Social Security, and an additional 2.9% must be paid into Medicare."

The money you paid in has already been spent. Any SS checks you receive are paid by new suckers forced into the system. It's not your money, by any reasonable definition of the term "yours."

That is true that SS funds are not in my or your name, but the revenue stream paid by US Citizens as required by law does fund the program.
I was very disappointed when GW Bush was unable to persuade Congress to put a percentage into SS in the individuals name, but he couldn't get it done.

We are a nation of laws in spite of low information drones like you.

 

[kaz]

Sorry, but that's not how the courts define bankruptcy in the case of a private business. The minute it reneges on its financial obligations, it's bankrupt. SS has already done that multiple times.

They aren't bankrupt YET! I already posted this once, but here it is again.

"According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2011 onward. However, due to interest (earned at a 4.4% rate in 2011) the program will run an overall surplus that adds to the fund through the end of 2021.
Under current law, the securities in the fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the trust fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. By 2033, the fund is expected to be exhausted. Thereafter, payroll taxes are projected to only cover approximately 75% of program obligations."

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

Why don't you merely quit paying SS and Medicare taxes? I didn't invent this system and don't really care. I do not need SS or Medicare, but do not begrudge it to those that do. I would have to be an asshole like you to do that.

It takes a special kind of stupid to ask someone why they don't stop paying taxes.

It takes a special kind of stupid to say that collecting the benefits of the insurance you paid for is welfare.

Again then answer the question. The paid taxes to government that they voted for and I didn't. I wasn't born, or I was a kid. The government spent the taxes they paid. So how did they "pay for insurance" when they were simply paying taxes? How is that different than any other tax they paid? Were their income taxes buying insurance or funding government? Were corporate taxes buying insurance or funding government? What is the difference between one tax that is collected and spent and another tax that is collected and spent?

 

[kaz]

It isn't bankrupt until the Federal government can no longer sell US Treasuries, which is a back door method of the government borrowing money. If that day comes, you and I will have a helluva lot more to worry about than Social Security.

Sorry, but that's not how the courts define bankruptcy in the case of a private business. The minute it reneges on its financial obligations, it's bankrupt. SS has already done that multiple times.

They aren't bankrupt YET! I already posted this once, but here it is again.

"According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2011 onward. However, due to interest (earned at a 4.4% rate in 2011) the program will run an overall surplus that adds to the fund through the end of 2021.
Under current law, the securities in the fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the trust fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. By 2033, the fund is expected to be exhausted. Thereafter, payroll taxes are projected to only cover approximately 75% of program obligations."

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

It amazes me how many drones don't understand this obvious fact.

I amazes me how many drones mistake absurd questions and comparing their checking account to the federal treasury as an obvious fact.

So you don't know what a G/L is, figures. We seriously need to teach economics in high school in this country. The knowledge of people who get out not knowing anything about money is just sad. Go back to insulting me, you're a moron. I can't help you.

 

[kaz]

Bri........are you going to collect your SS benes?

Sure I am. I'll collect every government benefit I'm entitled to.

Figured.

Why shouldn't I collect the benefits that morons like you foisted on me?

I dunno. Maybe you can't be trusted to vote. You might try to vote yourself higher benefits.

You already have that covered

 

[kaz]

It takes a special kind of stupid to ask someone why they don't stop paying taxes.

It takes a special kind of stupid to say that collecting the benefits of the insurance you paid for is welfare.

It's not insurance, and the FICA taxes you paid when to current beneficiaries. It has already been spent.

You apparently are rather stupid.

"Under the Federal Insurance Contributions Act (FICA) 12.4% of earned income up to an annual limit must be paid into Social Security, and an additional 2.9% must be paid into Medicare."

The money you paid in has already been spent. Any SS checks you receive are paid by new suckers forced into the system. It's not your money, by any reasonable definition of the term "yours."

That is true that SS funds are not in my or your name, but the revenue stream paid by US Citizens as required by law does fund the program.
I was very disappointed when GW Bush was unable to persuade Congress to put a percentage into SS in the individuals name, but he couldn't get it done.

We are a nation of laws in spite of low information drones like you.

We are a nation of mob rule. Our country was designed to protect minority rights, the mob voted for that to go away and it did.

 

[TooTall]

They aren't bankrupt YET! I already posted this once, but here it is again.

"According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2011 onward. However, due to interest (earned at a 4.4% rate in 2011) the program will run an overall surplus that adds to the fund through the end of 2021.
Under current law, the securities in the fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the trust fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. By 2033, the fund is expected to be exhausted. Thereafter, payroll taxes are projected to only cover approximately 75% of program obligations."

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

Why don't you merely quit paying SS and Medicare taxes? I didn't invent this system and don't really care. I do not need SS or Medicare, but do not begrudge it to those that do. I would have to be an asshole like you to do that.

It takes a special kind of stupid to ask someone why they don't stop paying taxes.

It takes a special kind of stupid to say that collecting the benefits of the insurance you paid for is welfare.

Again then answer the question. The paid taxes to government that they voted for and I didn't. I wasn't born, or I was a kid. The government spent the taxes they paid. So how did they "pay for insurance" when they were simply paying taxes? How is that different than any other tax they paid? Were their income taxes buying insurance or funding government? Were corporate taxes buying insurance or funding government? What is the difference between one tax that is collected and spent and another tax that is collected and spent?

If you are arguing that the government did not properly manage FICA, you are pissing into the wind. (the I in FICA stands for INSURANCE)

 

[kaz]

Bri........are you going to collect your SS benes?

Sure I am. I'll collect every government benefit I'm entitled to.

Figured.[/QUOTE]

Why shouldn't I collect the benefits that morons like you foisted on me?[/QUOTE]

Don't you always love that stupid liberal trick? What a stupid argument.

 

[TooTall]

Sorry, but that's not how the courts define bankruptcy in the case of a private business. The minute it reneges on its financial obligations, it's bankrupt. SS has already done that multiple times.

They aren't bankrupt YET! I already posted this once, but here it is again.

"According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2011 onward. However, due to interest (earned at a 4.4% rate in 2011) the program will run an overall surplus that adds to the fund through the end of 2021.
Under current law, the securities in the fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the trust fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. By 2033, the fund is expected to be exhausted. Thereafter, payroll taxes are projected to only cover approximately 75% of program obligations."

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

It amazes me how many drones don't understand this obvious fact.

I amazes me how many drones mistake absurd questions and comparing their checking account to the federal treasury as an obvious fact.

So you don't know what a G/L is, figures. We seriously need to teach economics in high school in this country. The knowledge of people who get out not knowing anything about money is just sad. Go back to insulting me, you're a moron. I can't help you.

I don't need your help fool.

 

[kaz]

If you are arguing that the government did not properly manage FICA, you are pissing into the wind. (the I in FICA stands for INSURANCE)

I see, so they called it an "insurance" program, that means it's insurance. I don't care if now that you're here it looks like a swamp, look, at the picture on the marketing brochure, it's a pristine lake. Your eyes are lying to you. Look it's right there, on the brochure, what is wrong with you? Why do you keep looking at the swamp you're standing in front of and just completely ignoring the picture on the brochure?

 

[LoneLaugher]

Bri........are you going to collect your SS benes?

Sure I am. I'll collect every government benefit I'm entitled to.

Figured.

Why shouldn't I collect the benefits that morons like you foisted on me?

I dunno. Maybe you can't be trusted to vote. You might try to vote yourself higher benefits.

I certainly don't trust you to vote. You've already proven yourself incompetent on that score.

Really? How is that?

 

[kaz]

They aren't bankrupt YET! I already posted this once, but here it is again.

"According to the Social Security Trustees, who oversee the program and report on its financial condition, program costs are expected to exceed non-interest income from 2011 onward. However, due to interest (earned at a 4.4% rate in 2011) the program will run an overall surplus that adds to the fund through the end of 2021.
Under current law, the securities in the fund represent a legal obligation the government must honor when program revenues are no longer sufficient to fully fund benefit payments. However, when the trust fund is used to cover program deficits in a given year, the Trust Fund balance is reduced. By 2033, the fund is expected to be exhausted. Thereafter, payroll taxes are projected to only cover approximately 75% of program obligations."

And again a question you didn't answer. How is loaning yourself money an asset? If you spent $100 and pay yourself back with interest, what does that even mean? Social Security goes into the general fund, payments come out of the general fund. They don't even separate it. When your pay goes into your checking, you pay your bills from your checking, how can you be saving the money you spent to pay your bills? And again, how is paying yourself back with "interest" from your checking to your checking meaningful to anyone but the most gullible sap? There are people who don't realize that. You do, it keeps getting explained to you. And it's not sticking.

Again, how is paying your bills from your checking account and paying yourself back from your checking to your checking with interest an asset? Explain please.

It amazes me how many drones don't understand this obvious fact.

I amazes me how many drones mistake absurd questions and comparing their checking account to the federal treasury as an obvious fact.

So you don't know what a G/L is, figures. We seriously need to teach economics in high school in this country. The knowledge of people who get out not knowing anything about money is just sad. Go back to insulting me, you're a moron. I can't help you.

I don't need your help fool.

If you seriously don't know how your checkbook to your family is like the General Fund to the government, you are seriously mind blowingly stupid. I think you're just playing dumb. Not sure why you want to look dumb. But whatever.

 

[kaz]

Sure I am. I'll collect every government benefit I'm entitled to.

Figured.

Why shouldn't I collect the benefits that morons like you foisted on me?

I dunno. Maybe you can't be trusted to vote. You might try to vote yourself higher benefits.

I certainly don't trust you to vote. You've already proven yourself incompetent on that score.

Really? How is that?

Well, you said you agree with me on most of my views, yet you vote for people who are the complete opposite.

 

[LoneLaugher]

Bri........are you going to collect your SS benes?

Sure I am. I'll collect every government benefit I'm entitled to.

Figured.

Why shouldn't I collect the benefits that morons like you foisted on me?[/QUOTE]

Don't you always love that stupid liberal trick? What a stupid argument.[/QUOTE]

If the idiot calls social security "welfare" then he'd have to be a shiftless leech to accept it. Just making sure we know who we are dealing with.