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#21
posted to rec.boats.cruising
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Man, we should be SAILIN'!
Martin Baxter wrote in :
I'd be there if I could, but I work for a university, damn students need me here, of course if it weren't for them I wouldn't have a job. I used to teach electronics at Sumter Technical College, Sumter, SC, back in the 70's. The faculty always used to say, "This would be a great place to work if it weren't for the damned students.".....(c; Same idea.... It was a great time. For a 12 month contract, in 1971, I was paid the princely sum of $7200. A new president was hired and he called me into his office one day to tell me he was ashamed of my paycheck and I was raised up to $14,400, effective immediately. I, obviously, didn't teach for the money. We were treated well as long as we didn't want to get paid. It was the best job I ever had. Dr Hu, department head of Environmental Health (a buzzword that means ****plant operators license course), used to hang a sign on his door: "SALARY EQUALIZATION DAY" "I will return Monday 8AM" This sign was on his door every Friday I can remember...(c; Industrial Trades instructors were more expendable so we didn't dare..... |
#22
posted to rec.boats.cruising
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Man, we should be SAILIN'!
Larry wrote:
Martin Baxter wrote in : I'd be there if I could, but I work for a university, damn students need me here, of course if it weren't for them I wouldn't have a job. I used to teach electronics at Sumter Technical College, Sumter, SC, back in the 70's. The faculty always used to say, "This would be a great place to work if it weren't for the damned students.".....(c; Same idea.... It was a great time. For a 12 month contract, in 1971, I was paid the princely sum of $7200. A new president was hired and he called me into his office one day to tell me he was ashamed of my paycheck and I was raised up to $14,400, effective immediately. I started a bit later than you, 1979 I was hired as a research assistant, for $10,500, two years later I moved into full fledged civil service position, did half the work, got paid twice as much......... Cheers Marty |
#23
posted to rec.boats.cruising
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Man, we should be SAILIN'!
Marty wrote in
news I started a bit later than you, 1979 I was hired as a research assistant, for $10,500, two years later I moved into full fledged civil service position, did half the work, got paid twice as much......... I left the Federal civil service, here, in 1988 when I was convinced the Charleston Naval Shipyard would close for good, soon. I was fixing church organs (electronics) in my spare time and was making more between 5PM and 9PM than I was all day putting up with bureaucrats and GS-11 step 4 pay. I'd have to be awful hungry to work for someone else's money, again. This is too much fun. I've just turned Socialist Democrat, here, because I just got my first Socialist Security payment. I can no longer afford to be a fiscal conservative and will vote for anyone promising to double my measily pension check.....except for Hillary, of course.... |
#24
posted to rec.boats.cruising
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Man, we should be SAILIN'!
On Fri, 21 Mar 2008 13:52:18 +0000, Larry wrote:
Marty wrote in news I started a bit later than you, 1979 I was hired as a research assistant, for $10,500, two years later I moved into full fledged civil service position, did half the work, got paid twice as much......... I left the Federal civil service, here, in 1988 when I was convinced the Charleston Naval Shipyard would close for good, soon. I was fixing church organs (electronics) in my spare time and was making more between 5PM and 9PM than I was all day putting up with bureaucrats and GS-11 step 4 pay. I'd have to be awful hungry to work for someone else's money, again. This is too much fun. I've just turned Socialist Democrat, here, because I just got my first Socialist Security payment. I can no longer afford to be a fiscal conservative and will vote for anyone promising to double my measily pension check.....except for Hillary, of course.... Just out of curiosity (and tell me to f**k off if it is not my business) but how much does a life time of labor get you in your socialist service check? And, could a guy that didn't own two diesel cars, miscellaneous generator sets, a ham radio station and sail an Amil live on it? without eating dog food? Bruce-in-Bangkok (correct email address for reply) |
#25
posted to rec.boats.cruising
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Man, we should be SAILIN'!
"Larry" wrote in message
... Marty wrote in news I started a bit later than you, 1979 I was hired as a research assistant, for $10,500, two years later I moved into full fledged civil service position, did half the work, got paid twice as much......... I left the Federal civil service, here, in 1988 when I was convinced the Charleston Naval Shipyard would close for good, soon. I was fixing church organs (electronics) in my spare time and was making more between 5PM and 9PM than I was all day putting up with bureaucrats and GS-11 step 4 pay. I'd have to be awful hungry to work for someone else's money, again. This is too much fun. I've just turned Socialist Democrat, here, because I just got my first Socialist Security payment. I can no longer afford to be a fiscal conservative and will vote for anyone promising to double my measily pension check.....except for Hillary, of course.... I didn't realize she was a freemason... -- "j" ganz @@ www.sailnow.com |
#26
posted to rec.boats.cruising
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Man, we should be SAILIN'!
Bruce in Bangkok wrote in
: Just out of curiosity (and tell me to f**k off if it is not my business) but how much does a life time of labor get you in your socialist service check? Well, after 50 years of working, and only 35 of that count in the numbers games they play to come up with a figure, it only comes to $877/month, which is reduced from $1,168 because I took my retirement at 62 instead of 65...oops...that got extended to 66 back a few years ago by bureaucratic decree. I've been advised to take it ASAP because they're broke and looking for ways to weasle out of it. I figured the date would be extended more years in the near future to 70 or 75 or 95 at the stroke of a pen. But, now I'm on it so they'll have to take it away, if they dare. I won't live well on it, but during the depression I won't starve like many will, either. And, could a guy that didn't own two diesel cars, miscellaneous generator sets, a ham radio station and sail an Amil live on it? The Amel isn't mine. I have 4 boats that aren't mine. I can't afford them, so like to work my way aboard swapping for sailing, which is a great deal for all of us. I get to sail. They get the technology and maintenance quite cheap. without eating dog food? There's noone left in my family, so eating isn't so much of a burden with only one mouth to feed. I don't know how Americans survive with a wife and 3 or 4 kids to feed/house/clothe/entertain. I don't want to work that hard, any more. Yecch... In answer to your question, yes a guy could survive on it, but not in the manner to which he is accustomed. He certainly couldn't dock and fix a yacht on it. ------------------------- A lot depends on how much you put in for how many years. I asked the bureaucrats for an explanation of how they came to that figure and the answer letter that explains it is 5 pages long, single spaced. Every new Congress, trying to get out of paying back what they stole, adds some more complexity. To give you an idea what we're up against, here's the 2nd paragraph of my letter: "The method for determining the primary insurance amount of an individual who becomes disabled or attains age 62 after 1978 takes into account the fact that the taxable earnings in prior years do not reflect their relative dollar value in comparison to recent higher earnings levels. Under this method, an individual's reported taxable earnings after 1950 are adjusted to provide comparability to the average taxable earnings of all American workers (sic) in the second year prior to the year the individual attained age 62 or became disabled, referred to as the indexing year. Reported taxable earnings in each year are adjusted, or "indexed," (their typo) by multiplying the average earnings in the indexing year by the ratio of the individual's actual earnings in the year to the average earnings of all workers in that year. Earnings in years beginning with the indexing year are used in determining initial benefit amounts or increases. Once an individual's record of earnings has been adjusted (or indexed), the average monthly earnings are found by dividing the earnings in the computation years by the number of months in those years. In figuring your PIA, we first determined the number of years to be used in the computation. This was done by subtracting 1968 from the year you became age 62 then reducing the result by 5. You became age 62 in 2008; therefore, we subtracted 1968. This resulted in a total of 40 years. Reducing the 40 years by 5 resulted in a total of 35 years to be used in figuring your PIA......" etc., ad nauseum. Who decided 1968? Who decided 1950? Who decided minus 5 years? They are masters of deceit. What ****es me off is we are TAXED in the dollar values of many, many years ago.....then, we are PAID as if the dollars they are handing out NOW are worth the same as all the dollars collected, which is CRAZY! Gold was $35/oz until very recently, then they go on the BIG LIE that the devaluation of the money is only 2%/year, taking out any factor from the consumer price index (CPI) that costs them money....like FUEL and FOOD and POWER....and other things we need to sustain any dignity of life....CLOTHES. Levis aren't $7.99 any more!...(c; So, we're paid a retirement check as if it's......well.....1968!....or.....1950! I'm still studying the Buzzwords to see if I have a BINGO on my BUZZWORD BINGO cards. If the rate of devaluation continues to halve the value of the worthless dollars every 2 years, or worse, THEN we'll all starve. This payment will be about 1 loaf of cheap bread..... Bill Gates pays SSI, but only on the first $50K of his billion dollar income. His Social Security tax is only on the first 3 hours of every month's wages. The rich don't pay SSI on the other 99%. Their payments are only about $6000/month after they're 62 from a lifetime of bumping this arbitrary limit to prevent the collection of the SAME 15.7% of GROSS income I paid all my life. Isn't that fair? No, it's NOT. |
#27
posted to rec.boats.cruising
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Man, we should be SAILIN'!
"Larry" wrote in message
... Bruce in Bangkok wrote in : Just out of curiosity (and tell me to f**k off if it is not my business) but how much does a life time of labor get you in your socialist service check? Well, after 50 years of working, and only 35 of that count in the numbers games they play to come up with a figure, it only comes to $877/month, which is reduced from $1,168 because I took my retirement at 62 instead of 65...oops...that got extended to 66 back a few years ago by bureaucratic decree. I've been advised to take it ASAP because they're broke and looking for ways to weasle out of it. I figured the date would be extended more years in the near future to 70 or 75 or 95 at the stroke of a pen. But, now I'm on it so they'll have to take it away, if they dare. I won't live well on it, but during the depression I won't starve like many will, either. Coming depression? You're being the curve here Larry. LOL Remember, a resession is when your neighbor has been laid off. A depression is when you're laid off. -- "j" ganz @@ www.sailnow.com |
#28
posted to rec.boats.cruising
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Man, we should be SAILIN'!
On Fri, 21 Mar 2008 17:05:55 +0000, Larry wrote:
The rich don't pay SSI on the other 99%. Their payments are only about $6000/month after they're 62 from a lifetime of bumping this arbitrary limit to prevent the collection of the SAME 15.7% of GROSS income I paid all my life. Isn't that fair? Not accurate. I contributed the maximum amount every year from 1968 onward to the present, and my payments will be *considerably* less than $6000/month. |
#29
posted to rec.boats.cruising
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Man, we should be SAILIN'!
Larry wrote:
If the rate of devaluation continues to halve the value of the worthless dollars every 2 years, or worse, THEN we'll all starve. This payment will be about 1 loaf of cheap bread..... Maybe. Think Weimar Republic.... those who do not learn from history are condemned to repeat it. Bill Gates pays SSI, but only on the first $50K of his billion dollar income Not quite. IIRC the cap on Social Security taxable income is in the $95K neighborhood. So Uncle Bill (your friend & mine, a benefactor to humanity) is kicking in twice as much as you give him credit for. .... Is that fair?.... No, it's NOT. Agreed. DSK |
#30
posted to rec.boats.cruising
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Man, we should be SAILIN'!
On 2008-03-21 13:05:55 -0400, Larry said:
Bill Gates pays SSI, but only on the first $50K of his billion dollar income. His Social Security tax is only on the first 3 hours of every month's wages. The rich don't pay SSI on the other 99%. Their payments are only about $6000/month after they're 62 from a lifetime of bumping this arbitrary limit to prevent the collection of the SAME 15.7% of GROSS income I paid all my life. Isn't that fair? No, it's NOT. I disagree with you freely when I disagree with your conclusions, but I agree wholeheartedly with this. "Social Security" taxes are the most regressive in the world, taxing the poor and middle-class far more than the rich. -- Jere Lull Tanzer 28 #4 out of Tolchester, MD Xan's pages: http://web.mac.com/jerelull/iWeb/Xan/ Our BVI trips & tips: http://homepage.mac.com/jerelull/BVI/ |
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