Posted on 04/28/2014 8:42:13 AM PDT by drypowder
You think she has had ENOUGH?????
So true…..
Fathom the hypocrisy of a government that requires every citizen to prove they are insured ...but not everyone must prove they are a citizen.
Think she has had ENOUGH from Congress? We all have!
This lady could not have said it any better.
Alan Simpson, the Senator from Wyoming calls senior citizens the Greediest Generation as he compared "Social Security " to a Milk Cow with 310 million teats. Here's a response in a letter from PATTY MYERS in Montana ... I think she is a little ticked off! She also tells it like it is! "Hey Alan, let's get a few things straight!!!
1. As a career politician, you have been on the public dole (tit) for FIFTY YEARS.
2. I have been paying Social Security taxes for 48 YEARS (since I was 15 years old. I am now 63).
3. My Social Security payments, and those of millions of other Americans, were safely tucked away in an interest bearing account for decades until you political pukes decided to raid the account and give OUR money to a bunch of zero losers in return for votes, thus bankrupting the system and turning Social Security into a Ponzi scheme that would make Bernie Madoff proud.
4. Recently, just like Lucy & Charlie Brown, you and "your ilk" pulled the proverbial football away from millions of American seniors nearing retirement and moved the goalposts for full retirement from age 65 to age, 67. NOW, you and your "shill commission" are proposing to move the goalposts YET AGAIN.
5. I, and millions of other Americans, have been paying into Medicare from Day One, and now "you morons" propose to change the rules of the game. Why? Because "you idiots" mismanaged other parts of the economy to such an extent that you need to steal our money from Medicare to pay the bills.
6. I, and millions of other Americans, have been paying income taxes our entire lives, and now you propose to increase our taxes yet again. Why? Because you "incompetent bastards" spent our money so profligately that you just kept on spending even after you ran out of money. Now, you come to the American taxpayers and say you need more to pay off YOUR debt.
To add insult to injury, you label us "greedy" for calling "bullshit" to your incompetence. Well, Captain Bullshit, I have a few questions for YOU:
1. How much money have you earned from the American taxpayers during your pathetic 50-year political career?
2. At what age did you retire from your pathetic political career, and how much are you receiving in annual retirement benefits from the American taxpayers?
3. How much do you pay for YOUR government provided health insurance?
4. What cuts in YOUR retirement and healthcare benefits are you proposing in your disgusting deficit reduction proposal, or as usual, have you exempted yourself and your political cronies?
It is you, Captain Bullshit, and your political co-conspirators called Congress who are the "greedy" ones. It is you and your fellow nutcase thieves who have bankrupted America and stolen the American dream from millions of loyal, patriotic taxpayers.And for what? Votes and your job and retirement security at our expense, you lunk-headed, leech.
That's right, sir. You and yours have bankrupted America for the sole purpose of advancing your pathetic, political careers. You know it, we know it, and you know that we know it.
And you can take that to the bank, you miserable son of a bitch. P.S. And stop calling Social Security benefits "entitlements". WHAT AN INSULT!!!! I have been paying in to the SS system for 45 years It's my money-give it back to me the way the system was designed and stop patting yourself on the back like you are being generous by doling out these monthly checks .
EVERYONE!! If you agree with what a Montana citizen, Patty Myers, says, please PASS IT ON!!!!
Not asking for others to be confiscated. What part of it don’t you get that around 15% of her pay was stolen for 45 years, against her will, with the promise it would be paid back to her at a certain age?
We are talking about the money that was stolen from her.
aarp? They have a magazine? Dedicated to all things socialist? Obiecare, guncontrol. But you can get your car towed. Or was that AAA.
Social Security is a Ponzi scheme.
The SS wage cap goes up almost every year. Currently, it is $117,000. In 2007 it was $97,500. There is no wage cap for Medicare taxes, which are 1.45% each for employer and employee. The total payroll tax is 15.3%.
The tax rate for OASDI (SS and DI) is 6.2% each for the employer and employee or 12.4%. Social Security Tax Rates
That a person has provided 14% of their income to the Government for their entire working life for a program that promises to provide a retirement income for them and is a realistic expectation that they should receive a return on their “investment”
SS is an insurance program, not a pension plan. The money you contribute does not belong to you once deposited into the SSTF. See SCOTUS case Flemming v. Nestor.
You could pay into SS for 50 years, drop dead a day before being scheduled to receive benefits, and all you would get is a small burial allowance. Your contributions are not part of your estate.
Current SS recipients will get far more out of SS than they contributed into it. In the case of Medicare, the average recipient gets three times more in benefits than they contributed.
Except that the money to fund it has been taken from every hard working American at the point of a gun with a threat of imprisonment for non-payment.
It’s not a welfare program. I don’t care for Social Security, but it isn’t a handout. People contribute for their benefits, and the payouts aren’t (to my knowledge) means tested. Welfare is something that is given to you because you’re supposedly too poor to survive without it.
Again, I think Social Security is a grand Ponzi scheme, but I think we should try to honor the promises that were made while we at least change Social Security into a voluntary program. If it was, I’d still opt out at my age (which is not young).
Who promised to pay it back? If you die before being eligible for benefits, you get nothing back except a small burial allowance. SS is not a pension fund. It is insurance. Your contributions belong to the federal government not you or your estate.
Social Security is a wealth redistribution plan. Although everyone pays in at a flat rate up to the income limit, the benefits are paid out on a progressive basis. A lower earner gets more credit for the dollars they pay in than the last dollar paid in by a high earner.
“What part of it don’t you get that around 15% of her pay was stolen for 45 years, against her will, with the promise it would be paid back to her at a certain age? We are talking about the money that was stolen from her.
Who promised to pay it back? If you die before being eligible for benefits, you get nothing back except a small burial allowance. SS is not a pension fund. It is insurance. Your contributions belong to the federal government not you or your estate.”
Yeah, great program that SS. What a steaming pile.....
Social Security is broke. This lady is a victim and that’s unfortunate. But confiscating the earnings of future generations to pay for the unfunded, but promised, benefits of past generations doesn’t solve the problem; it merely compounds it and passes the buck.
They can hold people in contempt of Congress, something I am studying is Contempt of the Constitution, which is tantamount to a treason charge, without the nuances of BS that the lawyers and judges hide behind...
Way cool stuff.
to steal a phrase from John Lennon... "Just imagine all the" politicians sitting in jail today.
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Kinda like the way taxes are pulled from our paychecks to pay the salaries of employees of defense contractors. You create nothing. Economically defense spending is a big suck on an economy. It is taxes, strip mined from paychecks, and spent on things we must have. Say for example, a helicopter.
But needed though it is, economically it is a loss. That is why every society, everywhere calls wars “expensive” and not “economic engines”.
Case study number 1, the USSR. They built so much military equipment that the world is still flooded with it. And they went bankrupt. You don’t base economies on activities that are 100% tax subsidized.
The salaries at the helo plant might as well be welfare too. Sure, they work and roll out a new machine for the government.
But the fact remains, defense spending is a tax supported cost.
Of course, it would be insane to not incur that cost because it’s a basic requirement of society. Some would argue that elderly surviving after a long working life is also a societal function.
The only moral course is to end SS immediately. Fully honor the obligations to the people in the system. It isn’t very conservative to steal around 15% of someones pay for their entire adult life with the promise you’ll pay it back at the end, and the renege on the agreement. Everyone not closing in on retirement age should be free people today to save for their own future with full personal control over their own investments. At most id -maybe- support a mandated minimum percentage that must be saved and invested.
But its childish to say angrily stamp your feet and be angry that your taxes might be sent to someone as an SS payment.
Most Americans have saved very little for their retirement.
There is no agreement to pay it back at the end. Where do you come up with this nonsense?
Ponzi schemes fail because you run out of victims willing to give your their money. Social Security hasn't failed (yet) because the victims don't have to be willing to give you their money - they are forced to give it at gun point.
“Captain Bullshit.”
Yet another pet name for the president.
Not only did she pay into it for 50 years, but she also had no choice at all! In other words, she might have voted against Social Security her entire life and maybe even wanted to opt out of it, but she couldn’t. Why should she and others, like the military, who have earned or paid into their benefits be at the top of the list when it comes time to cut government? That’s what I want to know. Of ALL the crap that’s currently getting paid out, why are the elderly on Social Security and military retirees first on the chopping block? Oh, I know. They tend to be conservative!
“Current SS recipients will get far more out of SS than they contributed into it”
Bought the government propaganda did ya? If you are talking totaling their contributions, you are of course correct. And everyone with a mutual fund or an IRA for 4 decades also gets more out of it than they put into it.
But do some math. Take that 15% stream of payments, stretch it out over 45 years, and compound interest from even a very conservative investment strategy, and it’s clear they are not getting more than they contributed. They are actually having more than 2/3 of their expected return stolen.
And as someone else pointed out, if they drop dead the day before, ALL of it is stolen.
Great post! ... But, like so many of us, she gets it wrong at the end. Social Security IS an ‘entitlement’.
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