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Thread: Employers add no net jobs in Aug.; rate unchanged

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post

    debating point? LOL, no, nothing to debate on that statement, looks like fact to me. When are you going to realize that SS is indeed a legal ponzi scheme in that your money went to pay someone else and someone else is paying you now. What is a ponzi scheme?
    Don't you understand there's no such thing as a legal ponzi scheme? A ponzi scheme is illegal by definition. If it's legal, it's not a ponzi scheme.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by EarlzP View Post
    What is a legal gambling casino? Let me help you "wall street" that's where those who have insider information steal the money from those investors that don't under stand how wall street works. Wall Street thats where insiders come away billionaires and small investors leave their retirement dreams.
    What the hell does that have to do with SS and your contribution used to pay someone else instead of being put into an account for you? You are letting your opinions making you look foolish. Wall Street has nothing to do with SS nor should it but Congress has been spending your money for decades. So some research please and take the amount you put into SS and your employer put into SS and apply simple savings account interest and see how much you would have had today and that money for your use? I am amazing at how uninformed so many are today. This isn't a Republican or a Democrat issue, this is a national issue as both parties are guilty of the fraud.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by pbrauer View Post
    Wall Street is where Republicans/conservatives think where the wealth of our nation is created.
    It's where Geithner thinks wealth is created. He is argueing today to prime the pump even more. Geithner's boss is?

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by pbrauer View Post
    I am not going to debate you what a ponzi scheme is or isn't. If Perry wants to call SS a ponzi scheme, let him go to every corner of the nation with his message.
    I stand by my statement, it is what it is, your money going to someone else and someone else paying your SS check. That isn't insurance, that is the characteristics of a ponzi scheme.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    Don't you understand there's no such thing as a legal ponzi scheme? A ponzi scheme is illegal by definition. If it's legal, it's not a ponzi scheme.
    The characteristics of a Ponzi scheme and SS are exactly the same.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    Don't you understand there's no such thing as a legal ponzi scheme? A ponzi scheme is illegal by definition. If it's legal, it's not a ponzi scheme.
    Your arguement is that the government isn't about to arrest itself. Yeah, no kidding.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post

    I stand by my statement, it is what it is, your money going to someone else and someone else paying your SS check. That isn't insurance, that is the characteristics of a ponzi scheme.
    By that description, a bank is a ponzi scheme.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    By that description, a bank is a ponzi scheme.
    And we see what happened.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Sheik Yerbuti View Post
    By that description, a bank is a ponzi scheme.
    That is idiotic, you don't have a clue how the private sector works.

    What was the purpose of SS and where was the money supposed to go? You think it is ok for you to contribute to SS, have that money put into intergovt. holdings and then have any surplus today be put on budget and spent with no regard as to how you are going to get your payout back when you retire? You don't seem to understand that the surplus in SS is a future obligation that has been spent. That is indefensible and now "Your" President wants to extend the Payroll tax cut. What is frustrating is I'll bet you and millions of others don't know what payroll taxes fund. Let me help you, SS and Medicare. Wonder why there is a shortfall? How do you pay back SS and Medicare if payroll taxes which fund those programs are cut.

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    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    What the hell does that have to do with SS and your contribution used to pay someone else instead of being put into an account for you? You are letting your opinions making you look foolish. Wall Street has nothing to do with SS nor should it but Congress has been spending your money for decades. So some research please and take the amount you put into SS and your employer put into SS and apply simple savings account interest and see how much you would have had today and that money for your use? I am amazing at how uninformed so many are today. This isn't a Republican or a Democrat issue, this is a national issue as both parties are guilty of the fraud.
    The only fraud involved is the fraud that you and your conservative buddies are trying to force on the American worker, you and your conservative buddies see an opportunity to end SS and have working Americans invest in Wall Street, you have not been able to find a way to get your fingers into the SS pot so you want to have the hard working middle class and poor invest their money in Wall Street where you can manipulate stock prices and walk away with the unsecured investments of hard working Americans, you are not as slick as you think you are, but again go ahead put your fingers into the SS pot I want to see the day that America can once again fulfill it's promise to those who labored to build her and those who bleed to defend her

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