RE: Social Security is an entitlement?

RE: Social Security is an entitlement? (Full Version)

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subspaceseven -> RE: Social Security is an entitlement? (12/12/2012 10:37:09 AM)
quote: 'm beginning to think Republicans have the right Idea. Let your contributions be in a individual account where neither you or the government can touch it. Imagine the difference in an average 10 percent per year over the lifetime of the index compared to treasury bonds return... when they paid them. Sort of like the 401Ks that the banks ripped off, the banks got their money back, my 401 K is still about 65% short of where it was before the big Bank rip off....No private is not really private when all the GOP wants is the Big Banks to have access to OUR funds with us having little or no control over it...like the current 401ks where you can only make a change once maybe twice a year

kdsub -> RE: Social Security is an entitlement? (12/12/2012 11:43:10 AM)
I think you need to get a new broker... I recovered mine two years ago and have been getting a nice return ever since. Butch

subspaceseven -> RE: Social Security is an entitlement? (12/12/2012 12:51:38 PM)
The 401K is employer based, it is not an option, they choose who runs the plan, at this point even pulling out we still suffer a loss. Not every state allows you to pick who you want when it is employer based.

submittous -> RE: Social Security is an entitlement? (12/12/2012 1:04:26 PM)
SS may be an entitlement but it is a self supporting one so far. All the talk about 'going broke' is sheer bullshit... By merely moving the cap on taxable income for SS up to a million or even better just removing it entirely and taxing all income instead of just salary the system would be self sufficient through this baby boom and all coming ones. That assume two things, one is leaving the max benefit where it is and keeping the Congress from stealing money from SS in the future. Republicans as a matter of faith think SS is evil and a handout.... I think they are wrong and believe if they look at the conditions when SS started and compare that to today when seniors live pretty well they'd agree, unless they hate seniors enough to want them to suffer in their last 20 years of life.

kdsub -> RE: Social Security is an entitlement? (12/12/2012 1:27:17 PM)
Get a new plan administrator... with ours you could call at any time and make changes... or use their website. I am not trying to be a smart ass really... I'll bet if you look into it you will find the same options... they are pretty well standard . Butch

mnottertail -> RE: Social Security is an entitlement? (12/12/2012 1:27:47 PM)
The social security was funded thru like 2035 but since they halfed it in the payroll taxes cut gimmick only 4 or some years ago, it has lost 9 years funding and is solvent thru like 2023 now. So, its been somewhat fucked, but needs some fixing, and I have no idea why the cap.

JeffBC -> RE: Social Security is an entitlement? (12/12/2012 3:33:02 PM)
quote: ORIGINAL: meatcleaver I doubt protests have ever achieved anything. In the past it was the threat of severe social unrest or even revolution that changed things but never ever peaceful protests from what I can think of. I used to think like this. I now understand that to be an artifact of my generation. I can tell you one thing Occupy changed. They sat in tents somewhere and someone on some tech blog I was reading commented on needing to step past them to buy the new iDevice and I had no idea what the hell "occupiers" were so I googled it... then I became one. Then I started talking to all my friends. So what those guys in that tent in front of the apple store did was bring the issue to my attention. They may not know what they did but I do. Whether or not my actions will actually result in change at the national level remains to be seen. But I have to say that alerting otherwise unsuspecting people to a problem definitely counts as "changing things".... if for no other reason than they encourage the next step... "threat of severe social unrest". And honestly, with approval ratings in the basement, poverty on the rise, unemployment (or underemployment) on the rise, etc. then "severe social unrest" isn't that far away. When people like me (historically not very politically involved and absolutely not the conspiracy theory sort) start talking in pragmatic terms about whether the President should be tried for war crimes and/or treason then something has changed. When people carry signs that say things like, "When librarians are protesting you know shit is fucked up" then something has changed. It's also worth pointing out that occupy shaped the tenor of much of the political debate. Class warfare was a substantial issue in the election. I'd call that changing something.

Marini -> RE: Social Security is an entitlement? (12/13/2012 3:50:44 AM)
quote: ORIGINAL: JeffBC quote: ORIGINAL: meatcleaver I doubt protests have ever achieved anything. In the past it was the threat of severe social unrest or even revolution that changed things but never ever peaceful protests from what I can think of. I used to think like this. I now understand that to be an artifact of my generation. I can tell you one thing Occupy changed. They sat in tents somewhere and someone on some tech blog I was reading commented on needing to step past them to buy the new iDevice and I had no idea what the hell "occupiers" were so I googled it... then I became one. Then I started talking to all my friends. So what those guys in that tent in front of the apple store did was bring the issue to my attention. They may not know what they did but I do. Whether or not my actions will actually result in change at the national level remains to be seen. But I have to say that alerting otherwise unsuspecting people to a problem definitely counts as "changing things".... if for no other reason than they encourage the next step... "threat of severe social unrest". And honestly, with approval ratings in the basement, poverty on the rise, unemployment (or underemployment) on the rise, etc. then "severe social unrest" isn't that far away. When people like me (historically not very politically involved and absolutely not the conspiracy theory sort) start talking in pragmatic terms about whether the President should be tried for war crimes and/or treason then something has changed. When people carry signs that say things like, "When librarians are protesting you know shit is fucked up" then something has changed. Everything has to start somewhere, Occupy was a start ---> It's also worth pointing out that occupy shaped the tenor of much of the political debate. Class warfare was a substantial issue in the election. I'd call that changing something. [sm=goodpost.gif] Thanks Jeff!

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