Skip to comments.
DAMN SOCIAL SECURITY
boblonsberry.com ^
| 12/20/07
| Bob Lonsberry
Posted on 12/20/2007 10:49:56 AM PST by shortstop
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20 ... 81-100, 101-120, 121-140 ... 161-177 next last
To: Axenolith
Im not trusting the government as far as I can throw it when it comes to 401Ks or things like ROTH IRAs. Theyll steal from it, or all of it, mark my words... One word... diversify.
To: napscoordinator
Perhaps you should buy a calculator and learn to use it. Once you’ve learned to use it, compare the yields of SS versus self-managed investments, and get back to us. If after this you still support Social Security, you have a mental illness.
To: napscoordinator
I hope you are bullshitting, if not, you are an idiot.
103
posted on
12/21/2007 3:26:56 AM PST
by
Comus
(10%er and proud of it.)
To: Lokibob
Apparently, everybody pays Social Security but nobody knows exactly how much comes out of their check. The social security rate is 6.2%, and the employer matches that. Do you REALLY think your employer is going to GIVE you his portion? Be glad he has to pay it to your account.Do you think my employer is paying out one penny more for me than he has to? My employer is paying the absolute minimum "Total Cost of Employment" that he can. The 6.2% match is not a free gift over and above that. It, therefore, must be taken from my pay.
104
posted on
12/21/2007 5:32:58 AM PST
by
Onelifetogive
(* Sarcasm tag ALWAYS required. For some FReepers, sarcasm can NEVER be obvious enough.)
To: wordsofearnest
"Your employer matched your social security also." That is exactly what the government and all the socialists want you to believe. The TRUTH is you pay for it. When a business hires a person, ALL monies are considered as the cost of that person's employment. It makes NO difference to the company if those dollars are in the form of a pay check, Federal/State taxes, SSI, Health care, Disability Ins., etc., etc..
Your entire pay check and all the "benefits" are what you earn and yes that 1/2 of the SS payment that you think the employer pays is in fact YOUR MONEY!
105
posted on
12/21/2007 5:52:01 AM PST
by
Wurlitzer
(Democrats= Phony Americans)
To: napscoordinator
Are you sure you’re at the right place?!!!!Its called FREE republic for a reason...SHEESH!!!
106
posted on
12/21/2007 5:58:16 AM PST
by
mo
To: Onelifetogive
I would bet that unless the government mandated a 6.2% pay raise, if they decided to drop the employer match, you would not see one red cent. Hell, I wouldn’t pay it unless I had to.
Following your logic, if they drop corporate income tax, all the prices would drop 25%, right? In your dreams. The companies would put it right back into their bottom line.
Social Security needs to be reformed, I agree. However people will NOT save for retirement. I would like to see a phasing down of Social Security coupled with an expansion of a mandatory 401(K) like program with NO provision for withdrawal until retirement age. This would allow the worker to direct where his money is invested.
.....Bob
107
posted on
12/21/2007 6:43:41 AM PST
by
Lokibob
(Some people are like slinkys. Useless, but if you throw them down the stairs, you smile.)
To: mo
Are you sure youre at the right place?!!!!Its called FREE republic for a reason...SHEESH!!!
I don’t believe that every person here agrees with every topic that we discuss. Are you a robot? I doubt it. I am sure that their are things you believe that I would question so what is your problem. So I don’t feel that SS should stop. So what. Many worse things than that.
To: dinodino
Perhaps you should buy a calculator and learn to use it. Once youve learned to use it, compare the yields of SS versus self-managed investments, and get back to us. If after this you still support Social Security, you have a mental illness.
Your the one with mental illness. I am not giving Social Security for myself. I am giving it for my Great Grandmother, four Grandparents and eventually my parents. What don’t you understand about that????
To: rwh
I believe that “hating the government” was the general consensus of our forefathers and seems to be a common thread throughout American history.
But government was created to protect the weak - stating that all men are created equal when in fact they are not. So if your on the upper half of the bell curve chances are you hate the government.
gotta love logic
To: shortstop
Good article. I agree with a lot of what he said. He speaks of the imperial federal government as I do. Every time the imperial federal congress makes another law, we lose another freedom. They keep making up laws just to take our freedoms away. Once this nation was a country of many freedoms and few stinking laws. The only laws that were needed for years and years were fine. Then one day, some guy decided that Congress could control us by taking away all those hard fought for freedoms and make us all surfs to the imperial federal government. I served 20 years in defense of the REPUBLIC and AMERICA. I did not serve the federal government. Even in my military time, I was angry at the things the federal government did, to take away even the freedoms from we military folks. They made promises to us for our service. Then after our service was done and we have grown old, they decided they could not pay for our promises and the socialism needed to buy votes. So, they took away the promises to us, cut others to the bone. Way back when I was around 15 years in the military, one guy and me were talking about our retirements. I told him the way they were taking things away, that some day we would be left with only the retirement check and none of the other things. Well, that has come basically true. All the other things that were part of the retirement package have been taken away and if we want them, we pay through the nose for them. So, we are few, thus easy targets to cut. The “sit on their lazy asses with hands held out for free stuff” crowd are many, thus out number us, thus they take from us and give to them. I hate the federal government. They lied to the very people who put their lives on the line every day, just to let them have the freedom to rule. I would gladly serve my country again. But, I will never serve the federal government. I have no faith in the federal government nor any of the people in it. They are simply liars, cheats, thieves, thugs, and criminals. It has got to the point that I am sick to even vote for one of them.
111
posted on
12/21/2007 7:14:52 AM PST
by
RetiredArmy
(Better prepare, come Nov 08, we have a Marxist Commissar President and Marxist Congress.)
To: unixfox
“... but do you know ANYONE who has gotten back ALL of what they put in?”
I think Social Security recipients typically collect all the money they put in after only a few years, but I haven’t done the math.
112
posted on
12/21/2007 7:20:39 AM PST
by
PLMerite
("Unarmed, one can only flee from Evil. But Evil isn't overcome by fleeing from it." Jeff Cooper)
To: Cementjungle
:-)
113
posted on
12/21/2007 7:37:25 AM PST
by
Axenolith
(Merry Christmas. Jesus is LORD! Amen...)
To: RetiredArmy
I absolutely agree with you.
114
posted on
12/21/2007 7:45:27 AM PST
by
error99
To: wordsofearnest
My dad passed away in September, and was on SSD for 12 months. He might have gotten back 50% of what he paid in. Now my aunt and granmother... they are the real winners.
And I've known since I was 18 that I wouldn't get a dime. (15 years so far) So I've been planning accordingly.
I wonder if I could write it off on my taxes? Nah. Dang money grubbers.....
115
posted on
12/21/2007 8:00:32 AM PST
by
Maigrey
("We still get our basic rights from God and not government." - Fred D Thompson)
To: shortstop
A friend was forced to take SS in 1955 he calculated all the money he’d pay into it as opposed to what he’d make with the flat retirement savings he already had. Now it turns out he would have over five times what he will ever live to get from Social Security!
116
posted on
12/21/2007 8:10:37 AM PST
by
JUMPIN JEHOSPOHAT
("I am not young enough to know everything" - Oscar Wilde / "It;s the same when yer too old!" - JJ)
To: postaldave
screw the old people and the socialist horse they rode in on. In a Ponzi scheme such as the SSI the first users are the real beneficiaries. That would have been those retiring in the late 1930's and 1940's, and possibly 1950's, who would have been paid more than they paid in. All of those people have probably passed on.
Re: this thread the writer speaks my own strong sentiments very precisely. We are sheeple after all, contained in a box to be milked like batteries. When the train wreck happens and revolution comes maybe the bureaucrats and politicians who have a pension because they opted out of SS will then understand the acute ire of the masses.
117
posted on
12/21/2007 10:10:41 AM PST
by
kcar
(Go with gold.)
To: shortstop
To: Graybeard58
"Figure 5% on whatever you paid in the first year only, add that to the second year and multiply 5% and add to the third year etc."
That's exactly what I did. I did a present value study. This ain't my rookie season.
119
posted on
12/21/2007 11:33:40 AM PST
by
shortstop
(Press "1" for English.)
To: Axenolith
Things are going alright prospector. Can’t believe it’s Christmas already. The passage of time is exponentially proportional to one’s age. Vapors of smoke. God wasn’t kidding.
Merry Christmas to you and yours. Find the mother lode yet?
120
posted on
12/21/2007 3:43:04 PM PST
by
jwh_Denver
(Free Republic: All Huck, All The Time.)
Navigation: use the links below to view more comments.
first previous 1-20 ... 81-100, 101-120, 121-140 ... 161-177 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson