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Quoted: Quoted: It is not welfare. Do you think Health Insurance is welfare? You get coverage and 3 moths later you are in the hospital racking up a $250,000 bill due to some previously unknown medical issue. Is that welfare? You sure didn’t pay $250k in premiums. Fine. It’s socialism. It's is that pure and simple. "But muh trust fund!" |
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Quoted: Did you know SS has a positive balance of close to a trillion dollars? The SS trust fund is by law invested in low paying government securities. When people talk about SS going broke in ten years, they are saying the trust fund will be exhausted. SS would still pay about 80% of your benefit amount out of current SS taxes. SS benefits are not paid from general tax revenues. View Quote I'm going to pick two bones with this post. First, the current positive balance doesn't mean sh*t. What matters is the time it takes to exhaust the money, and that's about 2032. Eight years. Or let's say 10 years because I'm a generous man and I trust the govt. The outgo exceeds the input, forever after. What then? That leads me to.... Second, SS not being paid out of the general revenue becomes moot. The imbalance will be made up by printing, which is exactly how the current deficits are papered over. "What difference does it make?TM" They are just two different empty pockets on the same economic corpse. |
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Quoted: I'm going to pick two bones with this post. First, the current positive balance doesn't mean sh*t. What matters is the time it takes to exhaust the money, and that's about 2032. Eight years. Or let's say 10 years because I'm a generous man and I trust the govt. The outgo exceeds the input, forever after. What then? That leads me to.... Second, SS not being paid out of the general revenue becomes moot. The imbalance will be made up by printing, which is exactly how the current deficits are papered over. "What difference does it make?TM" They are just two different empty pockets on the same economic corpse. View Quote View All Quotes View All Quotes Quoted: Quoted: Did you know SS has a positive balance of close to a trillion dollars? The SS trust fund is by law invested in low paying government securities. When people talk about SS going broke in ten years, they are saying the trust fund will be exhausted. SS would still pay about 80% of your benefit amount out of current SS taxes. SS benefits are not paid from general tax revenues. I'm going to pick two bones with this post. First, the current positive balance doesn't mean sh*t. What matters is the time it takes to exhaust the money, and that's about 2032. Eight years. Or let's say 10 years because I'm a generous man and I trust the govt. The outgo exceeds the input, forever after. What then? That leads me to.... Second, SS not being paid out of the general revenue becomes moot. The imbalance will be made up by printing, which is exactly how the current deficits are papered over. "What difference does it make?TM" They are just two different empty pockets on the same economic corpse. That guy is just deliousinal about Social Security and can't admit to the drain it is. I'm going to guess he currently draws OASI. |
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For anyone curious about the "Trust Funds" the information is easily available on the internet.
Attached File SS Report Attached File HI Report |
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Quoted: meh I like the flat/fair tax but it isn't the only solution. Social security would be solvent if they did away with the cap on it. View Quote View All Quotes View All Quotes Quoted: Quoted: Flat 21% tax is the only REAL way to tackle the issue... but poors don't love their country enough to pay for it. meh I like the flat/fair tax but it isn't the only solution. Social security would be solvent if they did away with the cap on it. Eventually you run out of other people's money. |
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It still ceases to amaze me the number of people who fall for this bullshit.
Even the most moon-eyed socialist knows even the rumor of “401k confiscation/redistribution” would 100% tank the US, and with it, the global economy. It will never happen in our lifetimes. Ever. Of course you can cash out, pay the penalties and put everything in Trump EFTs. |
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For anyone who can't read a simple chart or look at actual budget outlays versus revenues; it's simple, at our current level Mandatory Spending(Things like Social Security, Medicare and Medicaid) + interest payments outpace or are near balanced with our entire revenue stream. This means the entire discretionary budget (defense and everything else) is being borrowed. You could slash 100% of discretionary spending and we'd still be broke. Because current or soon to be Social Security recipients say "Fuck You, Pay Me". No dream of the "Trust Funds" is going to change this. You cannot tax your way out of this.
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Quoted: It still ceases to amaze me the number of people who fall for this bullshit. Even the most moon-eyed socialist knows even the rumor of “401k confiscation/redistribution” would 100% tank the US, and with it, the global economy. It will never happen in our lifetimes. Ever. Of course you can cash out, pay the penalties and put everything in Trump EFTs. View Quote Oh, it wouldn't be redistributed from everyone. There would be a means test. People above a certain income pay an additional tax on their 401k gains. Why? Divide and conquer. Just coincidentally, those falling under the new tax would be nowhere near a majority, so the majority votes to tax them to "save" the program for the majority. I mean, who wouldn't want to do that? The program is in trouble, and the "rich" can afford to pay. Impossible, you say? |
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Look, it's a fresh SS thread. How many is it this week? I forget...
I worked my whole life. Paid into SS to fund the retirements of the Lost, Greatest, Silent, and Boomer generations. On the promise that SS would be there for me also. Now that I have am collecting it, there is a lot of complaining going one about how greedy us Boomers are. How it isn't fair. You need to tax my Traditional and my Roth. You need to eliminate my SS. It's greed on my part that I live alone and have massive equity in a 4/2 home. Millennials ... I raised one. Tell you what I told her. You want fair honey? It's in August at the fairground. You want me to take a cut if not eliminate SS? Put ALL Federal pensions and welfare on the table also. Until then... Attached File |
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Quoted: Look, it's a fresh SS thread. How many is it this week? I forget... I worked my whole life. Paid into SS to fund the retirements of the Lost, Greatest, Silent, and Boomer generations. On the promise that SS would be there for me also. Now that I have am collecting it, there is a lot of complaining going one about how greedy us Boomers are. How it isn't fair. You need to tax my Traditional and my Roth. You need to eliminate my SS. It's greed on my part that I live alone and have massive equity in a 4/2 home. Millennials ... I raised one. Tell you what I told her. You want fair honey? It's in August at the fairground. You want me to take a cut if not eliminate SS? Put ALL Federal pensions and welfare on the table also. Until then... /media/mediaFiles/sharedAlbum/beathorse-20.gif https://ih1.redbubble.net/image.724267353.7047/pp,504x498-pad,600x600,f8f8f8.u4.jpg View Quote Quit diverting your eyes and hiding yourself from the truth. The fact that you were stolen from does not mean you have a right to have your proxy thug steal from someone else and give it to you. Get over yourself. You're not better than anyone else. You have no more right to recieve stolen goods than anyone else. Greed has nothing to do with it. The fact that people want to steal other stuff from you has nothing to do with it. SS is and always was a ponzi scheme. Except done with taxdollars. Which makes it 100% pure theft. People are incredibly resistant to thinking about stuff when doing so might incur some mental suffering. ETA: Be prepared to see more and more of these threads as the system goes into it's inevitable collapse. Don't expect anyone to buy your rationalizations. It will not be pretty for anyone involved. ETA2: The grating reality that this boils down to nothing more than "The government stole from me. Now it's your turn to have the government steal from you and give to me. That's our tradition!" ... Or more brutally: "I was stolen from. That means I get to steal from others!" |
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Quoted: Quit diverting your eyes and hiding yourself from the truth. The fact that you were stolen from does not mean you have a right to have your proxy thug steal from someone else and give it to you. Get over yourself. You're not better than anyone else. You have no more right to recieve stolen goods than anyone else. Greed has nothing to do with it. The fact that people want to steal other stuff from you has nothing to do with it. SS is and always was a ponzi scheme. Except done with taxdollars. Which makes it 100% pure theft. People are incredibly resistant to thinking about stuff when doing so might incur some mental suffering. ETA: Be prepared to see more and more of these threads as the system goes into it's inevitable collapse. Don't expect anyone to buy your rationalizations. It will not be pretty for anyone involved. View Quote You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizens pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. |
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Quoted: You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizen pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. View Quote View All Quotes View All Quotes Quoted: Quoted: Quit diverting your eyes and hiding yourself from the truth. The fact that you were stolen from does not mean you have a right to have your proxy thug steal from someone else and give it to you. Get over yourself. You're not better than anyone else. You have no more right to recieve stolen goods than anyone else. Greed has nothing to do with it. The fact that people want to steal other stuff from you has nothing to do with it. SS is and always was a ponzi scheme. Except done with taxdollars. Which makes it 100% pure theft. People are incredibly resistant to thinking about stuff when doing so might incur some mental suffering. ETA: Be prepared to see more and more of these threads as the system goes into it's inevitable collapse. Don't expect anyone to buy your rationalizations. It will not be pretty for anyone involved. You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizen pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. Wrong. SS is a tax. There is no contractual right to a benefit in exchange for paying the tax. |
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Quoted: You want me to take a cut if not eliminate SS? Put ALL Federal pensions and welfare on the table also. Until then... View Quote I would be all for ending 87% of welfare. Also end Fed pensions in the same manner as SS retirement benefits. Make everyone pay back that bullshit COVID socialist money. All of these are outdated and failed experiments. |
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Quoted: You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizens pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. View Quote Show me the contract we voluntarily signed. |
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Quoted: Wrong. SS is a tax. There is no contractual right to a benefit in exchange for paying the tax. View Quote Wrong. There is a contract based on age of the recipient, past wages, and taxes paid. There are tables published showing the monthly payout. The govt. publishes these tables every year. I refuse to believe you don't know that. Yes, it is funded by a tax levied by the govt., which is also the manager of the program. So what? In what way does this qualify as "theft"? Words have meaning. "Theft" is a word. It has a meaning, a legal meaning. SS tax is not theft. Maybe you feel that way about it, but your feelz don't qualify as legal arguments. |
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Quoted: You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizen pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. View Quote View All Quotes View All Quotes Quoted: Quoted: Quit diverting your eyes and hiding yourself from the truth. The fact that you were stolen from does not mean you have a right to have your proxy thug steal from someone else and give it to you. Get over yourself. You're not better than anyone else. You have no more right to recieve stolen goods than anyone else. Greed has nothing to do with it. The fact that people want to steal other stuff from you has nothing to do with it. SS is and always was a ponzi scheme. Except done with taxdollars. Which makes it 100% pure theft. People are incredibly resistant to thinking about stuff when doing so might incur some mental suffering. ETA: Be prepared to see more and more of these threads as the system goes into it's inevitable collapse. Don't expect anyone to buy your rationalizations. It will not be pretty for anyone involved. You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizen pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. Hunting jews and tossing them into death camps was called legal. I don't think you'd call it legal. Don't try and cover your butt with laywers and legislators. Theft: taking what you have no right to take. The government has no right to take anything from me that was not gotten by me immorally. Furthermore, they are not even taking it by consent. They are not even taking it to do a job that governments SHOULD do (give justice to theives, those who do frauds, physically harm others, things of that sort). (eta: and these are the only thing the government has any right to tax us for) Also "I know nothing about the law." Ok. How do you know that? You certainly aren't just using that as a phrase to try and shut me up because I'm saying stuff you don't like, are you? You must know what I know about the law, if not, you had to have made that statement up. Tell everyone what I know about the law, and how you got that knowledge. As for "contract between the citizen and the state" I suspect it might fall on it's face there due to bein unconscionable, rediculously one-sided. And ... beyond that ... "we contracted to do this (I never contracted with the government to do squat)" is an "IS" ... a thing that simply exists. From which you can never get an "Ought." Annuity: It's not, if you care to use this definition: https://www.investopedia.com/ask/answers/12/what-is-an-annuity.asp Annuities are insurance contracts that promise to pay you regular income immediately or in the future. A deferred annuity has an accumulation phase followed by a disbursement (annuitization) phase; an immediate annuity converts a lump sum into cash flows from day one. There is no accumulation phase. If you count the taxes being paid in as accumulation, stop and think what the government would do to someone running an "annuity" where the accumulation phase was ... sending out their letters backed by threat of abuse and runiation of life if you didn't pay them what they asked. And they spend your money as it goes into this "annuity." Your money is not saved. You get a promise that they'll pay you with someone else's tax monies in the future. "screw you, pay me" will never be right. |
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Quoted: Wrong. SS is a tax. There is no contractual right to a benefit in exchange for paying the tax. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quit diverting your eyes and hiding yourself from the truth. The fact that you were stolen from does not mean you have a right to have your proxy thug steal from someone else and give it to you. Get over yourself. You're not better than anyone else. You have no more right to recieve stolen goods than anyone else. Greed has nothing to do with it. The fact that people want to steal other stuff from you has nothing to do with it. SS is and always was a ponzi scheme. Except done with taxdollars. Which makes it 100% pure theft. People are incredibly resistant to thinking about stuff when doing so might incur some mental suffering. ETA: Be prepared to see more and more of these threads as the system goes into it's inevitable collapse. Don't expect anyone to buy your rationalizations. It will not be pretty for anyone involved. You keep tossing around this word "theft". You know nothing about the law. SS in no way meets the legal definition of "theft." SS *IS* a contract between citizens and the U.S. govt. The citizen pay into it now for payments later on. It's basically an annuity, albeit a badly managed one. Get over yourself. True story: I do not collect SS and never will, even though I am well into my SS years. In fact, I worked for several years and contributed $ into the SS program, and I will never get it back. It's "stranded." I got over it and haven't lost a moment's sleep because I have a life. Wrong. SS is a tax. There is no contractual right to a benefit in exchange for paying the tax. Yep. And if you drop dead before it's time to collect, there's no fund there of your monies for anyone to do anything with. |
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Quoted: Hunting jews and tossing them into death camps was called legal. I don't think you'd call it legal. Don't try and cover your butt with laywers and legislators. Theft: taking what you have no right to take. The government has no right to take anything from me that were not gotten by me immorally. Furthermore, they are not even taking it by consent. They are not even taking it to do a job that governments SHOULD do (give justice to theives, those who do frauds, physically harm others, things of that sort). Also "I know nothing about the law." Ok. How do you know that? You certainly aren't just using that as a phrase to try and shut me up because I'm saying stuff you don't like, are you? You must know what I know about the law, you'd have to to make that statement up. Tell everyone what I know about the law, and how you got that knowledge. As for "contract between the citizen and the state" I suspect it might fall on it's face there due to bein unconscionable, rediculously one-sided. And ... beyond that ... "we contracted to do this (I never contracted with the government to do squat)" is an "IS" ... a thing that simply exists. From which you can never get an "Ought." Annuity: It's not, if you care to use this definition: https://www.investopedia.com/ask/answers/12/what-is-an-annuity.asp Annuities are insurance contracts that promise to pay you regular income immediately or in the future. A deferred annuity has an accumulation phase followed by a disbursement (annuitization) phase; an immediate annuity converts a lump sum into cash flows from day one. There is no accumulation phase. If you count the taxes being paid in as accumulation, stop and think what the government would do to someone running an "annuity" where the accumulation phase was ... sending out their letters backed by threat of abuse and runiation of life if you didn't pay them what they asked. And they spend your money as it goes into this "annuity." Your money is not saved. You get a promise that they'll pay you with someone else's tax monies in the future. "screw you, pay me" will never be right. View Quote "SNORT* So, the old "Nazis killing the Jews" argument? You really have gone off the deep end on this, haven't you? |
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Quoted: Wrong. There is a contract based on age of the recipient, past wages, and taxes paid. There are tables published showing the monthly payout. The gpovt. publishes these tables every year. I refuse to believe you don't know that. Yes, it is funded by a tax levied by the govt., which is also the manager of the program. So what? In what way does this qualify as "theft"? Words have meaning. "Theft" is a word. It has a meaning, a legal meaning. SS tax is not theft. Maybe you feel that way about it, but your feelz don't qualify as legal arguments. View Quote View All Quotes View All Quotes Quoted: Quoted: Wrong. SS is a tax. There is no contractual right to a benefit in exchange for paying the tax. Wrong. There is a contract based on age of the recipient, past wages, and taxes paid. There are tables published showing the monthly payout. The gpovt. publishes these tables every year. I refuse to believe you don't know that. Yes, it is funded by a tax levied by the govt., which is also the manager of the program. So what? In what way does this qualify as "theft"? Words have meaning. "Theft" is a word. It has a meaning, a legal meaning. SS tax is not theft. Maybe you feel that way about it, but your feelz don't qualify as legal arguments. It is not a contract. It is a welfare program. The Supreme Court ruled as such that contributions do not stipulate you must receive a benefit like an annuity or a private pension. I am very well versed in contract law. It is nothing of the sort. |
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Quoted: Yep. And if you drop dead before it's time to collect, there's no fund there of your monies for anyone to do anything with. View Quote If you are married, your surviving spouse can collect your amount if it was higher. Did you know that MANY annuities offer no benefits to survivors after you die? Anything left is kept by the insurance co. That's how they make the actuarial tables work. They know that a certain % will never collect, or may collect only a minor amount before they die. |
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Quoted: You took a job in which SS tax was taken from your paycheck. Unless someone forced you to take that job, it was voluntary. View Quote No, I want to see the contract I signed with the government regarding SS. A guy with gun to my head saying “Pay me if you want to earn money” is called extortion. |
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Quoted: "SNORT* So, the old "Nazis killing the Jews" argument? You really have gone off the deep end on this, haven't you? View Quote View All Quotes View All Quotes Quoted: Quoted: Hunting jews and tossing them into death camps was called legal. I don't think you'd call it legal. Don't try and cover your butt with laywers and legislators. Theft: taking what you have no right to take. The government has no right to take anything from me that were not gotten by me immorally. Furthermore, they are not even taking it by consent. They are not even taking it to do a job that governments SHOULD do (give justice to theives, those who do frauds, physically harm others, things of that sort). Also "I know nothing about the law." Ok. How do you know that? You certainly aren't just using that as a phrase to try and shut me up because I'm saying stuff you don't like, are you? You must know what I know about the law, you'd have to to make that statement up. Tell everyone what I know about the law, and how you got that knowledge. As for "contract between the citizen and the state" I suspect it might fall on it's face there due to bein unconscionable, rediculously one-sided. And ... beyond that ... "we contracted to do this (I never contracted with the government to do squat)" is an "IS" ... a thing that simply exists. From which you can never get an "Ought." Annuity: It's not, if you care to use this definition: https://www.investopedia.com/ask/answers/12/what-is-an-annuity.asp Annuities are insurance contracts that promise to pay you regular income immediately or in the future. A deferred annuity has an accumulation phase followed by a disbursement (annuitization) phase; an immediate annuity converts a lump sum into cash flows from day one. There is no accumulation phase. If you count the taxes being paid in as accumulation, stop and think what the government would do to someone running an "annuity" where the accumulation phase was ... sending out their letters backed by threat of abuse and runiation of life if you didn't pay them what they asked. And they spend your money as it goes into this "annuity." Your money is not saved. You get a promise that they'll pay you with someone else's tax monies in the future. "screw you, pay me" will never be right. "SNORT* So, the old "Nazis killing the Jews" argument? You really have gone off the deep end on this, haven't you? DIVERT! DIVERT! Drag out the red herrings, I don't know how to answer this argument honestly and directly! *Yank open the draw of "verbal tricks I have seen politicians pull on the news and grab something from it.* |
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Quoted: SS *IS* a contract between citizens and the U.S. govt. View Quote Nope. Not even close. Show me the contract I signed. Oh that's right, I was issued a gov SS number, at birth. Numbered like property, like a slave. Were my payments into SS given voluntarily and freely? Nope, they are auto deducted from my paycheck. So I can use an exit clause, opt out, and get the money back right? No. Stolen. Show me where the government has specifically garaunteed X amount benefit for my payments? No that's not a thing either, it's a mystery what I'll receive... Whatever daddy gov deems fair. At best, it's like a contract with the mob. If you ran a business with contracts like that, it would be illegal and the government would lock you up. |
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Quoted: If you are married, your surviving spouse can collect your amount if it was higher. View Quote View All Quotes View All Quotes Quoted: Quoted: Yep. And if you drop dead before it's time to collect, there's no fund there of your monies for anyone to do anything with. If you are married, your surviving spouse can collect your amount if it was higher. Do the mental addition. |
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Quoted: It is not a contract. It is a welfare program. The Supreme Court ruled as such that contributions do not stipulate you must receive a benefit like an annuity or a private pension. I am very well versed in contract law. It is nothing of the sort. View Quote Did you know that an annuity or private pension is only as good as the company backing it? And, that in the case of bankruptcy of the insurance co., you get nothing? There are no "guarantees" greater than the full faith and credit of the insurance co. You haven't read the fine print, have you? |
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Quoted: No, I want to see the contract I signed with the government regarding SS. A guy with gun to my head saying “Pay me if you want to earn money” is called extortion. View Quote The contract was you cashing the paychecks with the SS tax taken out, and you staying on that job. You had no gun to your head. |
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Always a good reminder that legality and morality are not equivalent.
Dressing it up in all the John Locke-isms and Rousseau-isms you want doesn't change this. |
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Quoted: No, don't you see, it's not extortion. Because the thug that did it to you, did it to them. View Quote You can say that about any tax. Once again, are you familiar with the legal definition of "theft"? We seem to have reached an impasse where you don't recognize your own use of the word. |
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Quoted: No, don't you see, it's not extortion. Because the thug that did it to you, did it to them. ETA: and here we sit, flaming each other, doing anything BUT pushing for those who continue the system to stop it, and make what shreds of restitution they can. Such a deal for our federal overlords. They get to steal from us. They get to spend the stuff they steal from us. If anyone complains about it, the people our federal overlords pay off with funds they took by force or threat of force (that is what taxes are) will verbally abuse and complain at the others who point out that they are being extorted and stolen from. https://i.pinimg.com/originals/bb/a9/34/bba934e6a6f1f1b375c0c68ded6785a9.jpg View Quote You seem...emotional. |
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Quoted: The contract was you cashing the paychecks with the SS tax taken out, and you staying on that job. You had no gun to your head. View Quote View All Quotes View All Quotes Quoted: Quoted: No, I want to see the contract I signed with the government regarding SS. A guy with gun to my head saying “Pay me if you want to earn money” is called extortion. The contract was you cashing the paychecks with the SS tax taken out, and you staying on that job. You had no gun to your head. What about cashing a paycheck means that you consent to someone taking from it? Tell us. "The victim didn't fight back, so clearly they consented." |
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Quoted: It comes from the contributions of the dead spouse (but not beyond 2032 +/-!), which will never be collected by the dead spouse. But it "may" be collected by the surviving spouse. View Quote View All Quotes View All Quotes Quoted: Quoted: Yes, and where does that come from? Do the mental addition. It comes from the contributions of the dead spouse (but not beyond 2032 +/-!), which will never be collected by the dead spouse. But it "may" be collected by the surviving spouse. It does? Say, where are those funds that they took from the dead spouse? Surely they saved them? Invested them? They didn't instead send them off into the pot to be spent and issue a promise that they'd pay you with someone else's taxes? |
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Quoted: Did you know that an annuity or private pension is only as good as the company backing it? And, that in the case of bankruptcy of the insurance co., you get nothing? There are no "guarantees" greater than the full faith and credit of the insurance co. You haven't read the fine print, have you? View Quote View All Quotes View All Quotes Quoted: Quoted: It is not a contract. It is a welfare program. The Supreme Court ruled as such that contributions do not stipulate you must receive a benefit like an annuity or a private pension. I am very well versed in contract law. It is nothing of the sort. Did you know that an annuity or private pension is only as good as the company backing it? And, that in the case of bankruptcy of the insurance co., you get nothing? There are no "guarantees" greater than the full faith and credit of the insurance co. You haven't read the fine print, have you? I have. Including 42 U.S.C. § 1304 |
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Quoted: You seem...emotional. View Quote Quoted: Now you're a victim! And the Jew-killing Nazis! LOL! View Quote Anything. Anything at all but directly and openly address the content of what was said. It doesn't matter what I say or if it's true. You don't like it, so you won't engage with it. |
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Quoted: So there’s no actual contract. Duly noted. What was the phrase you used earlier? “Words mean things.” View Quote The "contract" is spelled out on the SS web site. It tells you EXACTLY what you can expect to get, down to the penny, based on your age, earnings history, years of contributions (read: taxes) etc. I would post a link but I'm gonna make you do your own homework on that because I'm a disciplinarian like that. SS also sends a statement every year spelling out the benefits incl. Medicare, etc. If you want to argue that it's not a "real contract" knock yourself out. So, let me ask you this: What is the definition of a "contract", and how is it enforceable if the insurer is broke? |
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Quoted: Anything. Anything at all but directly and openly address the content of what was said. It doesn't matter what I say or if it's true. You don't like it, so you won't engage with it. View Quote You must first demonstrate that you know the meaning of the word "theft." Then we can talk. |
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Quoted: The contract was you cashing the paychecks with the SS tax taken out, and you staying on that job. You had no gun to your head. View Quote View All Quotes View All Quotes Quoted: Quoted: No, I want to see the contract I signed with the government regarding SS. A guy with gun to my head saying “Pay me if you want to earn money” is called extortion. The contract was you cashing the paychecks with the SS tax taken out, and you staying on that job. You had no gun to your head. Do you honestly not know that there are very few legitimate ways to avoid paying SS tax? And yes there's a gun to the head of anyone caught avoiding it? Are you really then going to stick by your ignorant statement that choosing to earn an honest living, the only way you can, implies consent with a bullshit program? |
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Quoted: The "contract" is spelled out on the SS web site. It tells you EXACTLY what you can expect to get, down to the penny, based on your age, earnings history, years of contributions (read: taxes) etc. I would post a link but I'm gonna make you do your own homework on that because I'm a disciplinarian like that. View Quote View All Quotes View All Quotes Quoted: Quoted: So there’s no actual contract. Duly noted. What was the phrase you used earlier? “Words mean things.” The "contract" is spelled out on the SS web site. It tells you EXACTLY what you can expect to get, down to the penny, based on your age, earnings history, years of contributions (read: taxes) etc. I would post a link but I'm gonna make you do your own homework on that because I'm a disciplinarian like that. I never agreed to any of that. Nor will I ever, because it's a ponzi scheme, and the government has no right to run even an otherwise legit plan of that sort. |
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