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Why we can't have good things
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Why we can't have good things
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Why we can't have good things
On Mon, 01 Apr 2013 13:46:21 -0400, 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. Or, raise the cap. The problem is that you keep cashing your check. You're not required to cash it. Lifting the cap alone is not really that much help. All you really have to do top see that is look at the delta between Medicare and SS. Medicare is not capped now. Bull****. It has been a couple years since I did it but the numbers are not really that significant. We just do not have that many W2 people who make more than the $113.7k that it is capped at now. (I think it was $102k when I did it) You can go to IRS.GOV and look at tax stats if you want to see for yourself. They are in Excel format so you can download the files and change the view Feel free to give us your studied, indepth analysis. We know you're an expert accountant among your other bull****. |
Why we can't have good things
On Mon, 01 Apr 2013 14:31:37 -0400, wrote:
On Mon, 01 Apr 2013 13:51:54 -0400, "F.O.A.D." wrote: 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. We can't even get Democrats to agree to rolling taxes back to the Clinton rates and the GOP still thinks current taxes are too high. We are going to keep hurtling from cliff to cliff until we finally fall over one of them. We might take the whole world economy down with us. Huh? The rich are now paying a whopping 4% more? What a tradgety! You and your fiscally stupid buddies want to hit up the middle class now, rather than let them recover a bit. Why don't you tell us about austerity again, and how it'll solve all our problems. |
Why we can't have good things
On Mon, 1 Apr 2013 13:53:32 -0400, iBoaterer wrote:
In article , says... 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" I suppose you either don't understand the question I asked, or you don't want to honestly answer it. Bingo! |
Why we can't have good things
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Why we can't have good things
On Mon, 01 Apr 2013 14:02:59 -0400, wrote:
On Mon, 01 Apr 2013 10:40:46 -0700, Urin Asshole wrote: On Sat, 30 Mar 2013 17:01:07 -0400, wrote: 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. The government forced me into the program at the point of a gun, yes, I will participate. So you do whatever you're told, even if it's wrong. Would I rather have had my $100k in a Roth 401k type investment? Yes I would. Too bad you didn't plan ahead very well. |
Why we can't have good things
On Mon, 01 Apr 2013 14:04:48 -0400, wrote:
On Mon, 01 Apr 2013 10:43:55 -0700, Urin Asshole wrote: On Sat, 30 Mar 2013 17:02:16 -0400, wrote: 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) It is a promise but it is an unfunded promise. The Trust Fund is just a line item on the national debt. And, how exactly would you prefer it to be funded? Perhaps in gold bullion? Or, in a 100% risk free account... like perhaps one guaranteed by the full faith and credit of the US? Oh yeah, you're full of it. |
Why we can't have good things
On Mon, 01 Apr 2013 17:51:00 -0400, wrote:
On Mon, 01 Apr 2013 14:21:24 -0700, Urin Asshole wrote: On Mon, 01 Apr 2013 14:31:37 -0400, wrote: On Mon, 01 Apr 2013 13:51:54 -0400, "F.O.A.D." wrote: 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. We can't even get Democrats to agree to rolling taxes back to the Clinton rates and the GOP still thinks current taxes are too high. We are going to keep hurtling from cliff to cliff until we finally fall over one of them. We might take the whole world economy down with us. Huh? The rich are now paying a whopping 4% more? What a tradgety! You and your fiscally stupid buddies want to hit up the middle class now, rather than let them recover a bit. Your buddy Bill said we could tax him at 100% and it would not fix this problem. Did Clinton claim it would fix the problem? No and I didn't either. But your buddy Bush really helped! |
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