Posted on 03/05/2022 4:16:53 AM PST by where's_the_Outrage?
great picture! and so true.
the expansion of disability- that goes for handicapped parking stickers too.
You are not handicapped just because you are too fat to walk.
“Guess we should confiscate the government retirement fund and put it into social security. The government employees can get their retirement from that.”
Starting with congress.
The “Trust Fund” - we can “Trust” the government to tax the hell out of our grandchildren.
Direct deposits helped to stop the STOLEN checks at the beginning of every month from the mailboxes.
#6 is happening now.
Absolutely infuriating!
I live in a neighborhood with a lot of Eastern Europeans - all of the old folks get social security - not a one of them paid into it since they came here as elderly. One told me it was $800/month.
One neighbor told me how grateful he was to the U.S. b/c his elderly parents were able to receive medical care immediately upon arrival - all free, of course.
Because welfare mamas show up with news crews and scream “someone’s got to pay for my kids”. It happened in GA few years ago, due to a computer glitch funds weren’t added to cards and the mamas went berserk. The next morning they were waiting on the doorstep with media before the office even opened.
I tried to find the video on YouTube but couldn’t. It used to be on there.
Anyone who planned or plans on SS being the primary source of retirement income is either stupid or ignorant. When it was created, it was meant to provide only bare subsistence. That is true today as well.
The math needed to illustrate this is 8th grade at the latest. There is no excuse for not including income, taxes and savings in high school curriculum. I spent 35 years teaching college freshmen to use a spreadsheet and the first significant topics were retirement savings and mortgage interest.
Every year, the students were stunned by the actual cost of a 30 year mortgage and the poverty they would experience if they depended on SS for retirement income. Within the first two weeks, they all understood the value of saving whatever they could starting with their first job.
Albert Einstein once described compound interest as the “eighth wonder of the world.” Every HS graduate should know that. (Note: I understand that stupid people will never learn math. However, we can train the ignorant.)
> “government is giving all our Social Security funds to .....”
Almost correct. Congress has authorized “borrowing” from the Social Security Trust Fund to meet expenditures with deficit spending. In essence, Social Security and Medicare tax withholding payments are transfer payments to Treasury.
Ponzi scheme.
The Social Security Trust Fund is one huge IOW to its beneficiaries.
What is new is the dedollarization playing out in crypto markets. However, crypto cannot use money supply tools developed for the dollar world.
It’s going to be interesting.
What is quite alarming is the advent of Central Bank Digital Currency (CBDC). This rollout is true Mark of the Beast territory which makes me and others saying it look wacky, but unfortunately, it is THE TOOL to control people. CBDC can be used to turn people’s lives on and off. This “conspiracy” was recently observed in action in Turdeau’s Canada.
I’ve paid in for 41 years and will start collecting in about 4. Oh I’ll get mine or the pitchforks will come out.
“Millions of useful idiots who put their trust in criminal government instead of themselves are about to suffer. No sympathies.”
Are you telling me I had a choice not to have the government suck “social security” money out of my paychecks my entire life?
https://www.mercatus.org/publications/social-security/how-many-workers-pay-benefits-each-social-security-retiree#:~:text=By%202034%2C%20the%20best-case%20scenario%20is%202.3%20workers,Security%20helps%20to%20explain%20its%20current%20fiscal%20dilemma.
From the SSA's own web site:
https://www.ssa.gov/history/ratios.html
Highlights from the SSA site
In 1940 154.4 workers supporting 1 retiree.
In 2013 2.8 workers supporting 1 retiree.
Note for those of you who think the more is yours. It isn't! There have been at least two USSC cases (maybe more!) that definitely establishes that you have NO OWNERSHIP of the money you paid in. If you did it would be an asset and part of your estate. You could pass it to your heirs! You can't !
The millions of idiots I refer to are useful idiot democrat party voters that forced social security on to the rest of us.
The average SS check is around $1700 a month. Multiply that by the seniors deaths and you will get a pile of money that the Social Security trust fund.... has saved! There is your answer!
So was I.
Arrogant much?
Ignorant much?
The Social Security “trust fund” is here:
At the end of the day it cannot be “solvent” or “insolvent” any more than Unicorns can be animals or minerals.
The government can print as much money as they want to pay whatever they want.
All the rest is empty rhetoric.
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