Off-Topic: Oh, the Promise of SS!
(Lake Gaston Specific)
1 messages
Updated 11/30/2015 12:44:30 PM
Lakes Online Forum
83,605 messages
Updated 4/25/2024 9:33:24 PM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Lake Gaston Specific)
0 messages
Updated
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Lake Gaston Photo Gallery





    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   MAJ USA RET The author of this post is registered as a member - Email Member
Subject:   Oh, the Promise of SS!
Date:   4/4/2011 9:20:50 AM

If you had saved or invested 15% of your income for your entire working life, you’d be SET for your golden years.

 

Oh!  Wait… you DID do that!  You saved 7 ½ % and your employer matched it for a total of 15 %.  Sure… go back and look on any of your pay stubs.  It might be listed as FICA or OASDI… but it is there.  Then your employer sent the money off to the Federal Government for safe keeping.  The Federal Government invested it for a good return.  Right?

 

But, then the Federal Government needed your money, so they “borrowed” it… Well, the PRESIDENT said they could. They gave you an IOU.  Then, after the Federal Government got their hands on the money they gave it to folks who had no money because they couldn’t or didn’t want to work.

 

Not to worry, the workers who are paying into the nonexistent fund will pay you back… well, sort of… that too is a “moving target.”  OMG! The birthrate is dropping just as the biggest bunch of old f@rts are demanding their money back!

 

I have a few questions for you: 

1 - If you put your money in, do you have a right to have it back? 

2 - Is that an entitlement?

3 - Whose children are going to make enough money to pay enough taxes to pay for your Social Security? 

 

If you or I set up a scheme like this we would go to prison… like Bernie Madoff and Charles Ponzi.

Other messages in this thread:View Entire Thread
Healthcare Bill - lotowner - 4/1/2011 6:23:54 PM
     Healthcare Bill - Talullahhound - 4/1/2011 6:35:07 PM
          Healthcare Bill - lotowner - 4/1/2011 6:55:32 PM
               "I Only Lie When My Lips Move" - lotowner - 4/1/2011 8:57:05 PM
                    And......................... - lotowner - 4/1/2011 9:06:49 PM
                         And......................... - Talullahhound - 4/1/2011 11:15:41 PM
               Healthcare Bill - Talullahhound - 4/1/2011 11:10:47 PM
                    Healthcare Bill - lotowner - 4/2/2011 8:47:15 AM
                         Healthcare Bill - Talullahhound - 4/2/2011 9:11:01 AM
                              Oh, the Promise of AARP! - MAJ USA RET - 4/3/2011 12:25:54 PM
                                   Oh, the Promise of AARP! - Talullahhound - 4/3/2011 7:36:44 PM
                                        Oh, the Promise of AARP! - MAJ USA RET - 4/3/2011 8:02:26 PM
                                        Oh, the Promise of AARP! - MrHodja - 4/3/2011 8:57:00 PM
                                             Oh, the Promise of AARP! - Talullahhound - 4/4/2011 9:13:20 AM
                                             Oh, the Promise of SS! - MAJ USA RET - 4/4/2011 9:20:50 AM
                                                  Curious - MrHodja - 4/4/2011 12:02:57 PM
                                                       Curious - MAJ USA RET - 4/4/2011 3:10:14 PM
     1168 waivers granted as of March 31 - Barneget - 4/3/2011 10:26:18 AM



Quick Links
Lake Gaston News
Lake Gaston Photos
Lake Gaston Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
Gaston.USLakes.info
THE LAKE GASTON WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal