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Social Security update: Direct payment up to $4,555 goes out to millions in 11 days
Washington Examiner ^ | Asher Notheis

Posted on 06/04/2023 6:35:55 AM PDT by joesbucks

The first round of June's three Social Security payments, worth up to $4,555, will be sent out in 11 days, according to the Social Security Administration's schedule.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: News/Current Events
KEYWORDS: brainlessjoebiden; demagogicparty; socialsecurity
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To: Beowulf9
I have a friend who all wrapped around the axle about government handouts. He sent this to me last night and insisted l, despite me saying the article was written poorly & these are the normal payments SS recipients would normally receive. Nothing more. He proclaimed from the mountain tops another freebie.

I thought I’d run it up the flagpole to see if freepers would fall for the writing or know the score. Know the score seems to be winning the day.

61 posted on 06/04/2023 7:28:58 AM PDT by joesbucks
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To: V_TWIN

I am not wrong. The social security trust fund was stolen.

https://www.heritage.org/social-security/report/misleading-the-public-how-the-social-security-trust-fund-really-works


62 posted on 06/04/2023 7:29:35 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: Lonesome in Massachussets

And I want social security ended. It is theft from current generations paid to past generations.


63 posted on 06/04/2023 7:30:43 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: joma89

I think I read somewhere that a county opted out from the start of social security.


64 posted on 06/04/2023 7:31:26 AM PDT by spokeshave (Proud Boys, Angry Dads and Grumpy Grandads.)
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To: tlozo
I didn't have the option to pay into this scam or not. They demanded my payment.

If I had invested what they took I would have a heck of a lot more than they are sending me monthly.

65 posted on 06/04/2023 7:32:20 AM PDT by RoosterRedux (See my FR homepage for a link to the entire Bible narrated by David Suchet on youtube. FREE!)
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To: Owen

Owen, congratulations! You are so much closer than most. Look up “money as debt” and see how bad these things called the M2 and M3 money supply are.


66 posted on 06/04/2023 7:32:47 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: Leep

Yes and that.

I figured that in the first place, btw because for years I have seen that tactic used.


67 posted on 06/04/2023 7:35:07 AM PDT by Beowulf9
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To: napscoordinator

Ah...another useful idiot using ad hominem attacks of how I am somehow “dumb” while doimg nothing to argue against my facts.

Theft is theft and just because it happened to you for 35 years is not an argument to continue this theft on current workers.


68 posted on 06/04/2023 7:37:54 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: joma89

no numb nuts... ...what youre sadly mistaken is your gunning down people here, at FR, blaming them for voting in our own demise. there is not one person here who would have voted for this crap!!

Go and pick a fight in a shithead neighborhood... then you might get that ass kicking a little quicker!!


69 posted on 06/04/2023 7:39:32 AM PDT by sit-rep
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To: joesbucks

CLICKBAIT!


70 posted on 06/04/2023 7:39:34 AM PDT by House Atreides (I’m now ULTRA-MAGA. -PRO-MAX’)
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To: joma89

My brother, husband and I all started working as teenagers, sometimes several jobs to put ourselves through college, all the while paying into Social Security. My brother died at age 58 and my husband died at 64, both never collecting a penny. How fair is that???? I DO NOT feel guilty collecting what the government has so graciously decided to “give” me. I feel like I am collecting for what I paid in and for what my brother and husband paid in. I hope I live to be 100 to collect all that is owed to me, my brother and my husband.


71 posted on 06/04/2023 7:46:06 AM PDT by Polyxene (Out of the depths have I cried unto thee, O Lord. Lord, hear my voice: Psalm 130)
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To: sit-rep

Thank You...


72 posted on 06/04/2023 7:55:48 AM PDT by goodnesswins ( We pretend to vote and they pretend to count the votes.)
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To: RoosterRedux

It’s going to take a couple generations to end SS. I think the first step is to end the payroll tax for both employer and employee. Replace with a border adjustment tax. Beyond just a tariff, everything that enters the ports gets a tax. I think it would both encourage American business, and it would break the “I’m owed it” mindset. FDR was very clever in how he set up SS, really hard to get rid of as people feel they deserve it. Guess that is how socialism always works, people think they’re owed.


73 posted on 06/04/2023 7:59:14 AM PDT by teevolt
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To: Polyxene

Originally you had your own account…the government did not touch it….then they stole all your money so they could spend more…


74 posted on 06/04/2023 8:04:36 AM PDT by Hojczyk
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To: teevolt

People who have paid into it for 50+ years (me, for example) are right to want a return of their investment. That isn’t socialism.


75 posted on 06/04/2023 8:07:34 AM PDT by RoosterRedux (See my FR homepage for a link to the entire Bible narrated by David Suchet on youtube. FREE!)
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To: zeebee
"This is simply the normal schedule."

Kind of a stupid article isn't it? All it's saying is you'll get your money when you normally do. I get mine the second Wednesday of each month. This month it falls on the 14th.

76 posted on 06/04/2023 8:08:59 AM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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To: joma89

You do know that you do not have to pay into social security dont you? Or are you as GD stupid as your ignorant post you sordid son of a bitch?


77 posted on 06/04/2023 8:13:50 AM PDT by crz
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To: HamiltonJay

Democracy is always short sighted. No way elected politicians are going to have that surplus of baby boomer SS contributions and not spend it. At least now no more faking it, there is no surplus. They’ll have to transfer the SS IOUs to real Treasury debt. It’s all on the Fed Reserve to paper over the debt now. I didn’t think this charade could last this long, but here we are.


78 posted on 06/04/2023 8:15:54 AM PDT by teevolt
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To: spokeshave; tlozo

Some historical context is helpful...

1978 - George Bush, in his congressional race, suggested that the Social Security System could not be sustained unless individuals were allowed to invest the payroll tax themselves. “We should trust Americans by giving them the option of investing part of their Social Security contributions in private accounts.”

2004 - President Bush - “Younger workers should have the opportunity to build a nest egg by saving part of their Social Security taxes in a personal retirement account. We should make the Social Security system a source of ownership for the American people.” He mentioned the issue repeatedly during the 2004 campaign and was able to argue that his reelection represented a mandate to move forward on what he called personal accounts (and his adversaries called partial privatization).

Here we are 45 years later, having the same old debate and NOTHING has been done except kick the can down the road. The corrupt Ponzi scheme needs to be reformed or rebuilt. Bush had it right in 2004 with a phased approach where younger workers can take control of their own SS contributions.

But “tlozo” had it right in post #23 “When Social Security started in 1935 there were approximately 45 workers to every 1 beneficiary. The current number of workers to beneficiaries to 3 to 1. Current studies project that the system can operate as-is at a 3 to 1 ratio. By 2034, the ratio is expected to be 2 to 1.”

All the GD politicians in DC care about is buying votes. They won’t get elected or re-elected if they discuss the cold, hard truth. Bush’s 2004 proposal died a quick death and he gave it up.

The gross fiscal malfeasance of our “ruling class” provides more perspective on the ability to keep the Ponzi scheme going (in current dollars, not constant dollars):
1929 / $0.02 trillion / 16% of GDP
1978 / $0.8 trillion / 33% of GDP
2004 / $7.0 trillion / 60% of GDP
2022 / $30.0 trillion / 123% of GDP


79 posted on 06/04/2023 8:23:01 AM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone else.)
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To: joesbucks

I’m spending all of mine on lottery tickets.


80 posted on 06/04/2023 8:24:08 AM PDT by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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