My retirement is coming up, ajax. I hope you are contributing your legal share to ensure my leisure in the next few years.
More than enough, though I doubt you'll ever see as much as you have paid in. I'm surprised they haven't completely taken social security away from people who have other retirement income yet. It's coming. Soon it will be just another redistribution of wealth program.
It's not an investment program, ajax. It's an insurance program. You do know the difference, right? If insurance companies paid out as much as they took in they would all be out of business by now.
I have paid into SS all my working life as I'm sure you have. It's both fair and legal that I receive the benefits from that. It's also fair and legal that you receive those benefits as well when your time comes. No one is getting cheated.
You have medical insurance (at least I hope you do). Would it be fair for your medical insurance company to refuse to pay your hospital bill because they felt you already had enough money in the bank?
You need to rethink all of this.
This, or any other post that I have made or will make in the future, is strictly my own opinion and consequently of little or no value.
"Faith is believing something you know ain't true" Twain.
ajax18 wrote:More than enough, though I doubt you'll ever see as much as you have paid in. I'm surprised they haven't completely taken social security away from people who have other retirement income yet. It's coming. Soon it will be just another redistribution of wealth program.
It's not an investment program, ajax. It's an insurance program. You do know the difference, right?
Excellent point. Social Security is longevity insurance. I can totally imagine ajax drawing off of Social Security from age 65 to 100.
It’s relatively easy to agree that only Homo sapiens can speak about things that don’t really exist, and believe six impossible things before breakfast. You could never convince a monkey to give you a banana by promising him limitless bananas after death in monkey heaven.
It's also fair and legal that you receive those benefits as well when your time comes. No one is getting cheated.
Men don't live that long in my family. I'll be dead and gone long before I ever reach 70 or whatever the age ends up being by the time I get there. Both my granfathers paid into that damnable program their entire lives as well. They never collected a penny, just worked to pay for other people to have their golden years.
If it were insurance, you'd have a choice to purchase it or not. Then I might agree that nobody got cheated. The worst cheating is yet to come, but I would accept social security going bankrupt for just the hope of my children being liberated from the program.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
It's not an investment program, ajax. It's an insurance program. You do know the difference, right?
Excellent point. Social Security is longevity insurance. I can totally imagine ajax drawing off of Social Security from age 65 to 100.
Yeah, that guy will probably be living off the money I put in. It doesn't bother me, though. I will receive the money I'm entitled to for the remainder of my life and that's just fine. It's a pretty good deal.
This, or any other post that I have made or will make in the future, is strictly my own opinion and consequently of little or no value.
"Faith is believing something you know ain't true" Twain.
It's also fair and legal that you receive those benefits as well when your time comes. No one is getting cheated.
Men don't live that long in my family. I'll be dead and gone long before I ever reach 70 or whatever the age ends up being by the time I get there. Both my granfathers paid into that damnable program their entire lives as well. They never collected a penny, just worked to pay for other people to have their golden years.
If it were insurance, you'd have a choice to purchase it or not. Then I might agree that nobody got cheated. The worst cheating is yet to come, but I would accept social security going bankrupt for just the hope of my children being liberated from the program.
I'm sorry that your grandfathers died young. But, that's how insurance policies work. It's all about actuarial tables and mathematics. It's not personal. Health insurance companies are betting that you will die before they have to pay out more than you put in (plus income from investments).
If your grandfathers had lived to be 100, they would have taken out more from Social Security than they put in and they would have won the betting game. Some do live that long. Most don't. If your grandfathers had access to affordable health care, they may have lived much longer.
If Social Security goes bankrupt, it won't be because of any flaws in the program. Only because congress has used the funds to pay for other, unrelated things.
This, or any other post that I have made or will make in the future, is strictly my own opinion and consequently of little or no value.
"Faith is believing something you know ain't true" Twain.
I'm sorry that your grandfathers died young. But, that's how insurance policies work. It's all about actuarial tables and mathematics. It's not personal. Health insurance companies are betting that you will die before they have to pay out more than you put in (plus income from investments).
Social security is not insurance. Insurance is something a person chooses to buy or not to buy. That's how insurance should work in a free country. Social security is a tax forcibly taken from all people who legally work before they ever get to make one decision about how they spend their earnings.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
I'm sorry that your grandfathers died young. But, that's how insurance policies work. It's all about actuarial tables and mathematics. It's not personal. Health insurance companies are betting that you will die before they have to pay out more than you put in (plus income from investments).
Social security is not insurance. Insurance is something a person chooses to buy. That's how insurance should work in a free country. Social security is a tax taken from all people who legally work before they ever get to make one decision about how they spend their earnings.
No, SS is exactly insurance. That's how it was first conceived. It was set up as a way for poorer people to have a retirement income after they could no longer work.
People working for larger corporations have income deducted from their pay to provide for health insurance in the same way. Those people don't have a say in how that portion of their pay is spent, either.
You can't win this argument, ajax. Reality is against you.
This, or any other post that I have made or will make in the future, is strictly my own opinion and consequently of little or no value.
"Faith is believing something you know ain't true" Twain.
No, SS is exactly insurance. That's how it was first conceived. It was set up as a way for poorer people to have a retirement income after they could no longer work.
People still have more choice to purchase health insurance or not than they have to pay social security, even after Obamacare. I could cancel my disability insurance with my company tomorrow if chose to do so. I could cancel my 401k. The IRS could do nothing to me.
Where do you guys get off calling unemployment, social security, and other mandated government taxes insurance? That's MSNBC spin.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
ajax18 wrote:Social security is not insurance. Insurance is something a person chooses to buy. That's how insurance should work in a free country. Social security is a tax taken from all people who legally work before they ever get to make one decision about how they spend their earnings.
No, SS is exactly insurance. That's how it was first conceived....
Specifically, social security is social insurance which is, as the name suggests, a type of insurance.
Ajax's reasons for not liking Social Security (being sure he'll die young and won't get his money back) is evidence that he isn't saving much for his retirement (why save up a giant nest egg so you could support yourself indefinitely when you know you'll die in your working years anyway?). If by the grace of God he does survive to retirement, Social Security will in fact be his main source of income. For his own good, he shouldn't be given the choice to opt out of something he needs so desperately.
It’s relatively easy to agree that only Homo sapiens can speak about things that don’t really exist, and believe six impossible things before breakfast. You could never convince a monkey to give you a banana by promising him limitless bananas after death in monkey heaven.
It sounds like Ajax simply can't bear the thought of anyone but him benefiting from anything he does. It reminds me of the mother-in-law of an acquaintance of mine who lived in a relatively high crime neighborhood. Being concerned for her safety, he, at his own expense, bought her an area security light for her house and installed it. It lit up the immediate neighborhood, and did indeed discourage and reduced vandalism and burglary in her immediate area as long as she used it. There was no doubt that it benefited her and the cost to her of operating it was minimal compared to the expenses she had been incurring as a result of malicious activities by local delinquents under cover of darkness. Then it occurred to her that her immediate neighbors were also benefiting from the light, without contributing to the cost of operating it. She couldn't bear that her neighbors were also benefiting from her light, for free, so she quit using it, and the crime problems and expenses she had been enduring before the light resumed.
Last edited by Guest on Wed Apr 15, 2015 1:03 am, edited 1 time in total.
No precept or claim is more likely to be false than one that can only be supported by invoking the claim of Divine authority for it--no matter who or what claims such authority.
“If you make people think they're thinking, they'll love you; but if you really make them think, they'll hate you.”
― Harlan Ellison
It doesn't bother me, though. I will receive the money I'm entitled to for the remainder of my life and that's just fine. It's a pretty good deal.