Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SkyPilot

people sure have alot of problems learning that SS is NOT an entitlement.. it has been used like a govt person checking account


2 posted on 08/06/2011 4:07:42 AM PDT by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: SF_Redux
Hmm ~ here's the way to deal with it ~ whether or not Social Security is an "entitlement" is irrelevant to the equation. If you NO LONGER COLLECT FICA and you CEASE PAYMENTS TO BENEFICIARIES and REFUND DEPOSITS (which is what they are since they're taken out of after-tax income) ~ the US Treasury ends up in negative territory!

If you do the same with Medicare, Unemployment Insurance and Workman's Compensation System, it only gets worse.

I remember when the big issue with Social Security was what to do with it when it'd completely consumed the entire US debt burden and had cash left over to invest somewhere else.

That was right after the Reagan Era changes.

The Democrats sure answered that didn't they ~ they simply dipped into the kitty and spent it on all sorts of nonsense.

5 posted on 08/06/2011 4:18:20 AM PDT by muawiyah
[ Post Reply | Private Reply | To 2 | View Replies ]

To: SF_Redux
Everyone who has worked for the past 2 generations has paid into the Social Security ponzi scheme.

Only some will benefit from it. It is not an "earned" Entitlement. There is no money in a "trust fund."

Because so many people receive direct deposit Social Security checks, our politicians will not address how it is killing our nation. In order to protect Social Security, veteran's and active duty military health insurance (TRICARE) is under attack. If a veteran who served in multiple combat zones has not "earned" anything that cannot be slashed, then millions of Americans who draw Social Security because they now are still breathing are subject to the same fiscal laws of nature.

Your attitude is indicative of the problem: people think they "paid" into Social Security, and they want money back. Social Security was nothing more than a tax, and the revenues from that tax have long been spent. See debt: $14.5 Trillion Dollars.

I might as well ask for all of my State, Federal, and local tax money back into the "SkyPilot fund." There is no 'there' there.

We will go into the abyss because people wanted "their check."


6 posted on 08/06/2011 4:19:32 AM PDT by SkyPilot
[ Post Reply | Private Reply | To 2 | View Replies ]

To: SF_Redux
Part of the problem with stopping these "entitlements" is that the government has been taking our money for decades with the promise that we would benefit from it later. If they stop it, then they have become nothing more than thieves in the biggest scam in world history.

The rest of the problem is that the folks who really got ripped off are unlikely to march on Washington - it is those who haven't been paying, but have been collecting anyway that will pillage and burn the country.

28 posted on 08/06/2011 5:10:34 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: SF_Redux
SS is a Ponzi scheme, it works as long as more people are paying into it than taking withdrawals. That has reversed itself as the baby boomers came on stream as recipients ... they paid into it for years so feel entitled. Many were under the impression their contributions were being carefully shepherded (invested) by government and upon reaching retirement age it would be available to withdraw. Now reality has set in ... the U.S. government makes Bernard Madoff look like a pauper when it comes to the Ponzi scheme business.
48 posted on 08/06/2011 6:02:34 AM PDT by BluH2o
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson