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Joined: Nov 2008
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Campfire Outfitter
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OP
Campfire Outfitter
Joined: Nov 2008
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Think carefully before you answer.
1st Special Operations Wing 1975-1983 919th Special Operations Wing 1983-1985 1993-1994
"Manus haec inimica tyrannis / Ense petit placidam sub libertate quietem" ~Algernon Sidney~
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Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
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Nope, I am forced to pay into it, therefore, it is a loan from me to the government, and it is supposed to be repaid upon my retirement!
Back in the heartland, Thank God!
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Joined: Feb 2001
Posts: 73,096
Campfire Kahuna
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Campfire Kahuna
Joined: Feb 2001
Posts: 73,096 |
YEP, that is the truth in a nut shell.
SOME of it became an entitlement when SSI was allowed for those that NEVER paid in though, STEALING MY money for leeches!
George Orwell was a Prophet, not a novelist. Read 1984 and then look around you!
Old cat turd!
"Some men just need killing." ~ Clay Allison.
I am too old to fight but I can still pull a trigger. ~ Me
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Joined: Aug 2009
Posts: 190
Campfire Member
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Campfire Member
Joined: Aug 2009
Posts: 190 |
It's a government run Ponzi scheme.
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Joined: Oct 2003
Posts: 4,516
Campfire Tracker
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Campfire Tracker
Joined: Oct 2003
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It's a government run Ponzi scheme. BINGO!!!
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Joined: Sep 2007
Posts: 178
Campfire Member
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Campfire Member
Joined: Sep 2007
Posts: 178 |
What does FICA mean? Federal Insurance Contribution Act.
An insurance policy is not an entitlement. An Insurance policy is a contract.
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Joined: Jul 2011
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Campfire Regular
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Campfire Regular
Joined: Jul 2011
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Promise and then follow thru...America...Amererericaaa! SS is just like the treaties to tribes...it must be paid. Whether or not you and your kids like it.
It is not an entitlement, it is a Promise.
Democracy is two wolves and a lamb voting on what to have for dinner.
Liberty is a well armed lamb contesting the vote.
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Joined: Oct 2010
Posts: 5,328
Campfire Tracker
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Campfire Tracker
Joined: Oct 2010
Posts: 5,328 |
It's a government run Ponzi scheme. BINGO!!! +1
"If dogs don't go to heaven, when I die I want to go wherever they went." -Will Rogers
"If you have a lot of self control you don't need a lot of government control" - Thomas Sowell
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Joined: Jan 2005
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Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 54,842 |
I also firmly believe you should only be eligible for the time you actually put into it, if you became a citizen at 5 years from retirement, and you have been contributing for 7 years, you get that percentage, you WILL not get the same about as the person who has busted his ass for 45-50 years. Congress, the president and Supreme Court should all be on Social Security also! What is good enough for us, had damned sure better be good enough for them!
Back in the heartland, Thank God!
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Joined: Jan 2006
Posts: 69,376 Likes: 2
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,376 Likes: 2 |
Well, it's certainly not an investment.
βIn a time of deceit telling the truth is a revolutionary act.β β George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Apr 2004
Posts: 61,130
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2004
Posts: 61,130 |
It's a government run Ponzi scheme. BINGO!!! +1 +2
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Joined: Nov 2008
Posts: 11,366
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Nov 2008
Posts: 11,366 |
Most people use up everything they paid in, within just a few years. Many draw that didn't work their required 40 quarters and some draw that never paid a penny.
1st Special Operations Wing 1975-1983 919th Special Operations Wing 1983-1985 1993-1994
"Manus haec inimica tyrannis / Ense petit placidam sub libertate quietem" ~Algernon Sidney~
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Joined: Nov 2009
Posts: 1,454
Campfire Regular
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Campfire Regular
Joined: Nov 2009
Posts: 1,454 |
Some of the politicians complain that we draw out more than we put into it. Hell yes! It's called interest on your investment!
"SUPPORT OUR RIGHT TO KEEP AND BEAR ARMS"
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Joined: Jun 2006
Posts: 10,084
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2006
Posts: 10,084 |
... SOME of it became an entitlement when SSI was allowed for those that NEVER paid in though, STEALING MY money for leeches!
Yep
That which does not kill us makes us stronger
Friedrich Nietzsche
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Joined: Oct 2008
Posts: 7,821
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2008
Posts: 7,821 |
Most people use up everything they paid in, within just a few years. Many draw that didn't work their required 40 quarters and some draw that never paid a penny. I know a number of worthless people that are on SSI that could work if they wanted to. Funny how a guy with a bad back can still hunt.
οΏ½Nothing is so permanent as a temporary government program." -- Milton Friedman
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Joined: Mar 2007
Posts: 9,209 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2007
Posts: 9,209 Likes: 3 |
an opt out would be wonderful.
I would not buy something that runs on any kind of primer given the possibility of primer shortages and even regulations. In fact, why not buy a flintlock? Really. Rocks aren't going away anytime soon.
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Joined: Sep 2008
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Campfire Regular
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Campfire Regular
Joined: Sep 2008
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Started paying into it when I was 14 years old, sitting bowling pins at a bowling alley, started drawing it in my 60's.
Dick
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Joined: Nov 2007
Posts: 29,644 Likes: 5
Campfire Ranger
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Campfire Ranger
Joined: Nov 2007
Posts: 29,644 Likes: 5 |
I don't really know why I engage but here goes...
When SS was instituted there was a trust fund (I can't be the only one who views the phrase gov't trust fund with suspision and utter contempt for those who fell for it??) into which our "deposits" were to be remain until we withdrew them in retirement. The life expectancy of retirees was significantly lower, retirement age higher, and this was meant as bare bones income to avoid poverty.
The best thing we could all do is stop associating the words "Gov't" and "entitlement" together. The only way that they relate has to do with the Gov't entitlement to our money, NOT vice-versa. Once our population gets that through our heads we'll be on the right path (read: NEVER).
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Joined: Jun 2003
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Campfire Tracker
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Campfire Tracker
Joined: Jun 2003
Posts: 3,871 |
Kamerad_Les So should medicare and all the other ideas that congress & all come up with for the masses. What is good enough for the goose is good enough for the gander. Thus ALL should be in it together, no exception or an exsallted class. Just my $.02 worth. Cheers NC
don't judge until you have walked a mile in other persons' moccasins' SUM QUOD SUM........HOMINEM TE ESSE MEMENTO
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Joined: Jan 2005
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Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2005
Posts: 54,842 |
Back in the heartland, Thank God!
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