I wonder if Warren Buffet collects Social Security - now that would make some headlines.
Ponzi scheme, pyramid scheme, chain letter, whatever. It’s legalized theft.
They're criminals.
Fleming v. Nestor
SCOTUS ruled on this in Flemming v. Nestor
Perhaps it has something to do with legislators, politicians, bureaucrats and other governmental officials perpetuating a lie for the past 75 years, by using terms such as "trust fund", "contributions", Social Security retirement account and a host of other terminology intended to give the exact opposite impression.
Does anyone remember when Bush tried to privatize a portion of Social Security by letting people opt to put a portion of their "contribution" into a real retirement account. Remember all of the Democrats lining up to tell everyone their money was not safe, because of market fluctuations, in those private accounts, but it was safe in the Governments hands.
If you lie to people long enough, some people will naturally believe the lie!
But remember, is rude to call it a ponzi scheme.
Rude to Mr. Ponzi that is.
If a Democrat tells the truth, does he get struck by lightning?
THIS IS EXACTLY WHY SOME OF US YOUNGER VOTERS WANTED TO PRIVATIZE A PORTION OF OUR ACCOUNT!! BUT JERKS LIKE THIS WERE TELLING US IT’S TOO RISKY. SURE LOOKS LIKE I GOT A GUARANTEED LOSER INSTEAD OF A HIGH RISK!!!
Jump on board gang. THIS IS EXACTLY WHAT THEY SAID TOO WE MILITARY RETIREES!! It was only PROMISES that were made too us by RECRUITERS who did not have the authority to make those promises, EVEN THOUGH the entire US Congress, DOD, and everyone involved KNEW that the recruiters were telling all of us this is what we got for 20 or more years of service. They participated in the FRAUD on us until it got to where they simply did not want to pay us anymore, thus started cutting our throats long after we are all retired and there is not one danged thing we can do about it. Welcome aboard the rest of you to the fraud that they played on us all those years. Now, we also get to have this fraud on us also. Ain’t America great. The very people who are going to cut your throats, the US Congress, DOES NOT EVEN PARTICIPATE IN THE FRAUD PROGRAM. They have FULLY FUNDED their little retirement scheme.
Then why does the government send out paper which says that it is an account and shows the contents thereof (i.e. a statement)?
Perhaps we should heed the observation that was made in antiquity [by Aristotle, IIRC] that shifting definitions are indicative of an immoral intellectual dishonesty.
What he’s REALLY saying is that there’ll be NO SS check for YOU Granny unless you pull the (D) lever good and hard...
http://www.foxnews.com/story/0,2933,79013,00.html
So, does that mean that citizens have no obligation to pay into social security, though it is taken out of our paychecks before we even see them? Good for the goose, after all.
It was also never intended for the young, illegal or complete corrupt system to be spent at will.
If the Republican Party was not playing bad cop-good cop with the Democrat Party, the Republicans would be running ads on this guy’s statement tomorrow.
If the Republican Party was not playing bad cop-good cop with the Democrat Party, the Republicans would be running ads on this guy’s statement tomorrow.
Has anyone told Al Gore?
A government big enough to give you everything you need is strong enough to take everything you have.
Just a general note to anyone looking to reduce the SS burden who also makes it to the end of this thread. (Includes me.)
A lot of elderly people and near elderly people are very afraid of what the future might bring. I think we should be nice to them when discussing this issue. As right or as wrong as they might be, they are people too and deserve politeness.