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#11
posted to rec.boats
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Why we can't have good things
On Sat, 30 Mar 2013 11:17:23 -0400, iBoaterer
wrote: In article , says... On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. That's not even close to what I asked. Well, exactly. He's can't seem to figure out what to say, so he tries to change the subject and hopes nobody'll notice. |
#13
posted to rec.boats
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Boats ... Was the can't have good things thread
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#14
posted to rec.boats
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Why we can't have good things
In article ,
says... On Sat, 30 Mar 2013 11:17:23 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. That's not even close to what I asked. If you are asking whether I will cash my SS checks, yes I will but I do wonder how they are actually getting the money. Unfortunately a lot of it is simply created out of thin air and I know that is the road to runaway inflation. Still not what I asked. |
#15
posted to rec.boats
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Why we can't have good things
In article ,
says... On Mon, 1 Apr 2013 10:45:06 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 11:17:23 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. That's not even close to what I asked. If you are asking whether I will cash my SS checks, yes I will but I do wonder how they are actually getting the money. Unfortunately a lot of it is simply created out of thin air and I know that is the road to runaway inflation. Still not what I asked. The question was meaningless in this context. SS was never a loan or an investment. It was simply taxation into a pay as you go program with the government spending the surplus as ordinary revenue. After 1968 that was made clear when SS was put on budget. Now that program is not collecting enough to pay as they go and the government does not seem to have the will to tax at a rate to maintain the program. We borrow 40% of the shortfall right now. (or simply print money) They are not making the money to pay me back at all. They are simply passing debt on to my kids. No it wasn't meaningless. It was directly related to what YOU said. |
#16
posted to rec.boats
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Why we can't have good things
On 4/1/13 1:23 PM, wrote:
On Mon, 1 Apr 2013 11:47:07 -0400, iBoaterer wrote: In article , says... On Mon, 1 Apr 2013 10:45:06 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 11:17:23 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. That's not even close to what I asked. If you are asking whether I will cash my SS checks, yes I will but I do wonder how they are actually getting the money. Unfortunately a lot of it is simply created out of thin air and I know that is the road to runaway inflation. Still not what I asked. The question was meaningless in this context. SS was never a loan or an investment. It was simply taxation into a pay as you go program with the government spending the surplus as ordinary revenue. After 1968 that was made clear when SS was put on budget. Now that program is not collecting enough to pay as they go and the government does not seem to have the will to tax at a rate to maintain the program. We borrow 40% of the shortfall right now. (or simply print money) They are not making the money to pay me back at all. They are simply passing debt on to my kids. No it wasn't meaningless. It was directly related to what YOU said. I suppose a direct answer to the question is that I would not consider it legitimate if they said "I will give you your money as soon as I can print some" Any shortfall problems with Social Security are easy enough to fix. |
#17
posted to rec.boats
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Why we can't have good things
On Sat, 30 Mar 2013 17:01:07 -0400, wrote:
On Sat, 30 Mar 2013 11:17:23 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. That's not even close to what I asked. If you are asking whether I will cash my SS checks, yes I will but I do wonder how they are actually getting the money. Unfortunately a lot of it is simply created out of thin air and I know that is the road to runaway inflation. So, you're contributing big time to the problem you said is going to **** over your grandkids. What a mensh. |
#18
posted to rec.boats
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Why we can't have good things
On Mon, 01 Apr 2013 11:37:20 -0400, wrote:
On Mon, 1 Apr 2013 10:45:06 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 11:17:23 -0400, iBoaterer wrote: In article , says... On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. That's not even close to what I asked. If you are asking whether I will cash my SS checks, yes I will but I do wonder how they are actually getting the money. Unfortunately a lot of it is simply created out of thin air and I know that is the road to runaway inflation. Still not what I asked. The question was meaningless in this context. SS was never a loan or an investment. It was simply taxation into a pay as you go program with the government spending the surplus as ordinary revenue. After 1968 that was made clear when SS was put on budget. Now that program is not collecting enough to pay as they go and the government does not seem to have the will to tax at a rate to maintain the program. We borrow 40% of the shortfall right now. (or simply print money) They are not making the money to pay me back at all. They are simply passing debt on to my kids. It has a trust fund, and it's 100% solvent for 25 years. After that, 95%. A small fix, not the voucher system Ryan the Moron aka Ayn Rand wants. |
#19
posted to rec.boats
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Why we can't have good things
On Sat, 30 Mar 2013 17:02:16 -0400, wrote:
On Sat, 30 Mar 2013 09:21:10 -0700, Urin Asshole wrote: On Sat, 30 Mar 2013 10:12:11 -0400, wrote: On Sat, 30 Mar 2013 09:34:37 -0400, iBoaterer wrote: In article , says... On Fri, 29 Mar 2013 14:16:21 -0700, Urin Asshole wrote: On Fri, 29 Mar 2013 16:45:59 -0400, wrote: On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole wrote: What "facts"? The whole program is based on the ability of the government to borrow more money and raise taxes more. There is no "trust funds" they spent every dime of that money and it is unclear how they will ever pay it back. Feel free to dispute the facts. That don't make you right. http://www.ssa.gov/oact/progdata/fundFAQ.html That demonstrates that the federal government spent all of the surplus and they promise to pay it back but they have not said how. If you loan someone or some entity money, do you really care how they made the money to pay you back as long as it's legitimate? . I would not willingly put money in a Ponzi scheme in the first place. So, you haven't participated in Social Security, Medicare, and all the other federal and state programs supported by taxes. As usual, you're full of it. ... at the point of a government gun. Huh? You're being forced at gun point to cash your check? No, you do it willingly. You can call SS a Ponzi, but that's just your and your right wing ****head's view. It's a promise.. made by some of the people in this country to other people in this country. That is what Bernie said You're disputing it's a promise made to seniors and unfortunates who've lost parents? That's what Stalin said. (yeah, I'm kidding) |
#20
posted to rec.boats
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Why we can't have good things
On 4/1/13 1:46 PM, wrote:
On Mon, 01 Apr 2013 13:26:04 -0400, "F.O.A.D." wrote: On 4/1/13 1:23 PM, wrote: Any shortfall problems with Social Security are easy enough to fix. Sure, just raise the SS tax about 5% and lift the cap. The problem is finding a politician who would actually do it. As I said, easy enough to fix. |
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