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RE: Only a fucking retard calls Social Security a Ponzi... - 9/12/2011 3:54:26 PM   
Politesub53


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quote:

ORIGINAL: willbeurdaddy

Only a fucking retard starts a 3rd thread on a topic and links an article that doesnt even address the issue.



Says Wilbur, while not addressing the issue.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/12/2011 4:04:05 PM   
willbeurdaddy


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quote:

ORIGINAL: Politesub53


quote:

ORIGINAL: willbeurdaddy

Only a fucking retard starts a 3rd thread on a topic and links an article that doesnt even address the issue.



Says Wilbur, while not addressing the issue.

The other two threads do that quite amply.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/12/2011 5:36:40 PM   
SternSkipper


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quote:

Only a fucking retard calls Social Security a Ponzi scheme...


Hence.....






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RE: Only a fucking retard calls Social Security a Ponzi... - 9/12/2011 6:49:54 PM   
Raiikun


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quote:

ORIGINAL: thompsonx

Social security is not manditory.



From ssa.gov:

"Participation in the Social Security program is mandatory with respect to the payment of Social Security taxes."

http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/200/~/participating-in-the-social-security-program

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 7:27:18 AM   
xssve


Posts: 3589
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Status: offline 		Any investment structure is basically a Ponzi scheme, stocks are a Ponzi scheme, the more people buy them, the more they're worth.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 7:46:39 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		SS isn`t a scheme.

It`s an insurance policy.

It`s not there to fund your vacations and your shore house.

It`s there in case you have some bad luck and would otherwise be on the street.

The cons proposing that folks be allowed "invest" there own SS money imagine that everyone`s a wallstreet wizz or a scary talented day-trader.Or are deluded enough to think they won`t lose their shirts in the stock market themselves.

To the cons,

What do we do with the millions of Americans who make/made bad investment choices?

Put them on the street too?

< Message edited by Owner59 -- 9/13/2011 7:48:33 AM >

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 7:53:16 AM   
Raiikun


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quote:

ORIGINAL: Owner59

What do we do with the millions of Americans who make/made bad investment choices?


Make opting out contingent on proving you can make good investment choices? I'd be fine with that.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 8:27:36 AM   
thompsonx


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quote:

ORIGINAL: Raiikun


quote:

ORIGINAL: thompsonx

Social security is not manditory.



From ssa.gov:

"Participation in the Social Security program is mandatory with respect to the payment of Social Security taxes."

http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/200/~/participating-in-the-social-security-program



Perhaps you should do a little more research. Senators and congress persons do not pay into ss. Who knows if you are really as smart as you claim to be you might be able to find out who else is not required to pay.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 8:31:40 AM   
Raiikun


Posts: 2650
Status: offline 		"Participation in the Social Security program is mandatory with respect to the payment of Social Security taxes."

Yes, the site I linked stated that there are exceptions, but those exceptions don't make it less mandatory for those of us not in those exceptions.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 8:34:42 AM   
slvemike4u


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quote:

ORIGINAL: Raiikun


quote:

ORIGINAL: Owner59

What do we do with the millions of Americans who make/made bad investment choices?


Make opting out contingent on proving you can make good investment choices? I'd be fine with that.
What sort of test would that be....and let us say you can do that,how does SS work than ?
Given that today's workers are paying for today's retirees?

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Profile   Post #: 30
RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 8:45:01 AM   
Raiikun


Posts: 2650
Status: offline 		Is there any point into going into that much detail on something that's purely a fantasy, seeing as the chances of it happening are basicly zero?

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 8:49:48 AM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		Okay ,forget the test.....explain what happens to the program when folks can just opt out.

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4


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Profile   Post #: 32
RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:04:56 AM   
Raiikun


Posts: 2650
Status: offline 		The change to SS would have to be part of a gazillion other changes to our fiscal policy in my ideal world that would let me opt out.

The fact that SS would look much less like a Ponzi scheme in that ideal world would just be coincidental. ;)

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:07:48 AM   
thompsonx


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quote:

ORIGINAL: Raiikun

"Participation in the Social Security program is mandatory with respect to the payment of Social Security taxes."

Yes, the site I linked stated that there are exceptions, but those exceptions don't make it less mandatory for those of us not in those exceptions.



Then, perhaps, instead of trying to pick flyshit out of pepper you might look to see who qualifies for those exceptions.

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Profile   Post #: 34
RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:14:08 AM   
Raiikun


Posts: 2650
Status: offline 		Sorry, I have no plans to join the Clergy, etc.

And Federal employees aren't even exempt anymore.

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:18:58 AM   
thompsonx


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quote:

ORIGINAL: Raiikun

Sorry, I have no plans to join the Clergy, etc.

And Federal employees aren't even exempt anymore.



If that is the best you can come up with then you are either not as smart as you think you are or you are too lazy to actually do research.
Self imposed ignorance is it's own reward.
I will make you a deal though. If you will give me half of what you would pay in ss in the next 35 years I will show you how to opt out.

(in reply to Raiikun)
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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:22:47 AM   
willbeurdaddy


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quote:

ORIGINAL: Raiikun

Sorry, I have no plans to join the Clergy, etc.

And Federal employees aren't even exempt anymore.


It's easy to opt out. Become an independent contractor, don't pay taxes and don't file income tax returns. And maybe you'll get a cell next to Wesley Snipes.

< Message edited by willbeurdaddy -- 9/13/2011 9:23:12 AM >

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RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:23:57 AM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		"Perhaps you should do a little more research. Senators and congress persons do not pay into ss."
 
I hear they do now. People who worked for the railroad didn't. Not sure about now. But it certainly isn't mandatory. That's WTF I'm talking about - just because it's ssa.gov doesn't mean everything they spout is the truth. "Exceptions". If there are exceptions it isn't mandatory, period. Define the word mandatory and it's pretty clear.

T^T

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Profile   Post #: 38
RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:27:47 AM   
willbeurdaddy


Posts: 11894
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quote:

ORIGINAL: Termyn8or

"Perhaps you should do a little more research. Senators and congress persons do not pay into ss."
 
I hear they do now. People who worked for the railroad didn't. Not sure about now. But it certainly isn't mandatory. That's WTF I'm talking about - just because it's ssa.gov doesn't mean everything they spout is the truth. "Exceptions". If there are exceptions it isn't mandatory, period. Define the word mandatory and it's pretty clear.

T^T


Congress and RR workers all participate in SS and have for decades.

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Hear the lark
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Profile   Post #: 39
RE: Only a fucking retard calls Social Security a Ponzi... - 9/13/2011 9:35:03 AM   
SternSkipper


Posts: 7546
Joined: 3/7/2004
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quote:

It's easy to opt out. Become an independent contractor, don't pay taxes and don't file income tax returns. And maybe you'll get a cell next to Wesley Snipes.


Thanks, but I'll wait till they finally send Willie Nelson up.
Least he'll have some shrooms and something to smoke


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(in reply to willbeurdaddy)
Profile   Post #: 40
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