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To: justlurking

Social Security works as an insurance policy, not an investment. It would work better if we had honest competent government that didn’t sell out other Americans.

When we can’t trust our government to keep a promise because they are corrupt and incompetent who do we blame? As my profile has stated from my first post I don’t trust either Party. They serve their elite masters and not we the people nor do they represent average working Americans.

What about the 60 year old illegals or invitees from Yemen that came here a year or 10 years ago ago at the invitation of Obama and Bush and the US Chamber of Commerce and the DNC and RNC for cheap labor and votes that will soon be sucking on our Social Security trust? What about the SS trust money that was used from everything from war in Africa to tax cuts to food stamps, but not to defend our borders?

If it was a perfect world we’d be taking care of ourselves and our own families instead of waiting for politicians. Since it isn’t a perfect world, we’ll still be taking care of others that were irresponsible. It is why we need a system that gives a baseline support to those who funded much of it aside from welfare. But we shouldn’t be giving the funding away to run an incompetent government and fighting wars.


116 posted on 04/20/2015 4:50:34 PM PDT by apoliticalone (The ultimate mission of gun grabbers is to have elites armed and the masses subservient)
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To: apoliticalone

Well, we did take care of ourselves at one time.
Then the “Greatest Generation” voted for this @$$#0|& named Roosevelt.


117 posted on 04/20/2015 7:00:51 PM PDT by Little Ray (How did I end up in this hand-basket, and why is it getting so hot?)
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To: apoliticalone
Social Security works as an insurance policy, not an investment.

No, Social Security is not an insurance policy, at least once you get to "old age" benefits. It does have provisions for survivor and disability, but while they do subtract from the actuarial balance, they are not the root cause of the problem.

What about the 60 year old illegals or invitees from Yemen that came here a year or 10 years ago ago at the invitation of Obama and Bush and the US Chamber of Commerce and the DNC and RNC for cheap labor and votes that will soon be sucking on our Social Security trust?

Social Security benefits are based the average of your highest 35 years of indexed wages. If you don't have 35 years of wages, the missing years are substituted with zero, thus lowering your average wage, and your monthly benefit. And, you must have contributed sufficient wages in 40 3-month periods to get any Social Security benefits at all. Any other benefits received will be coming out of the general fund.

What about the SS trust money that was used from everything from war in Africa to tax cuts to food stamps, but not to defend our borders?

If you had taken the time to read my posting, you would have seen that I already addressed this point, specifically to preempt it. It's not true, so please stop repeating this meme:

And I'm going to preempt the other usual complaint now: Social Security wasn't "stolen". If you worked during the 80's-00's, a small portion of your contributions went into the Social Security Trust Fund, because it wasn't needed to pay your parent's and grandparent's benefits. That excess was invested into the equivalent of long-term US Treasury Bonds. Starting a couple of years ago, a small percentage is being withdrawn each year, and it will continue until the Trust Fund is exhausted around 2033. Every dollar is accounted for, and is being paid back with interest.

126 posted on 04/21/2015 7:41:35 AM PDT by justlurking (tagline removed, as demanded by Admin Moderator)
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