In article ,
says...

On Tue, 12 Apr 2011 12:11:19 -0500, Boating All Out
wrote:

You still don't get SS, because THERE IS NO SS DEFICIT.
SS is $2T in the black! SS taxpayers have already kicked it in.
No matter what your - right wing in this case - ideology, you can't get
around that. The SS Trust Fund is accounted for in black and white.
Everybody knows that.
If not they can go to the SS website to get educated.
That's a U.S. government debt like any other and has to come from
general revenue.

That would be true if the government had not spent every dime of that
money. Right now the $2T that SS calls an asset, the treasury calls a
debt. We can't even cover 60% of what we spend with our revenue. How
in the hell will the government ever pay back those SS bonds?


You really want to keep spinning this.
Debt is debt. Default is default.
The gov has always spent SS revenues and issued Trust Fund Treasuries.
And every penny is accounted for.
US Savings bonds and T-Bills are also government debt.
Why don't you claim T-Bills, T-Notes, T-Bonds, TIPS, E and I Savings
Bonds aren't worth the paper they're written on?
Because YOU have an right-wing idealogical bone to pick with SS.
It doesn't change a thing.
You're starting to sound like Canuck.
Here, eat this
http://www.ssa.gov/oact/progdata/fundFAQ.html#n7
"Far from being "worthless IOUs," the investments held by the trust
funds are backed by the full faith and credit of the U. S. Government.
The government has always repaid Social Security, with interest. The
special-issue securities are, therefore, just as safe as U.S. Savings
Bonds or other financial instruments of the Federal government."


Only a right winger would call a paid for old age pension system
"welfare."

When it becomes a means tested benefit, having no relation to what you
paid in, it is welfare.


And I say it's not. Because it's not means-tested.
So there. nannanananannana


All other 1st world countries call their version of SS
"old age pension."
You're welcome to call it what you want because we can freely speak
here. But most Americans who worked all their lives and now collect SS
will just say "**** you" if you tell them they're collecting welfare.

What are they going to say when the government simply taxes away their
whole benefit because they make too much money. They already tax 85%
of SS if you make more than $32k.

Uh, no. You have to have an AGI (married, joint) of $44k before 85% of
SS benefits are subjected to whatever your marginal tax rate is.
If your AGI is between $34k and $44k less than 85% is subject to the
marginal rate tax.
Under $34k not taxed.
It's lunacy to say it can be taxed away.
I guess even when folks collect that evil SS they're still going to
whine about taxes if they have the income that gets SS taxed.
Usually the more money they got coming in, the more they whine.
Kinda funny.

Bear in mind your FICA money was
after tax money so that is already double taxation and you ain't seen
nothing yet.

I thought you were all for taxes and increased revenue.
Are you saying SS benefits shouldn't be subject to taxation?
Is that what you want?