• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

The results are in on social security

Misterveritis said:
An IOU is not an asset. If you promise to pay yourself at some future date and you do not have a real asset you can convert into that payment what do you have? Nothing. That is what the government did. It wrested money from taxpayers for one purpose, used it on something else and wrote itself a promise to pay itself. Now if the US government decided to sell of most of its real estate holdings and converted that to cash we might have a real solution.
Click to expand...


see post #50.:2wave:
 
Catawba said:
Somebody has to pay for those tax cuts...
Click to expand...
Why do you think that anyone has to "pay" when tax rates are lowered? What do you mean, exactly? This implies that all wealth created by all private citizens belongs to the state. Isn't that what you mean?
How are you any different that the slave owner prior to the successful conclusion of the civil war in the US?
 
donc said:
Perhaps you have heard something that i haven't then.This is from the Social Security FAQ.

<Far from being "worthless IOUs," the investments held by the trust funds are backed by the full faith and credit of the U. S. Government. T

The last I heard U.S. Savings Bonds are pretty secure which "special issue" securities are comparable to.
Click to expand...
The government took the real money and replaced it with IOUs.

You don't understand this do you?
 
donc said:
see post #50.
Click to expand...
You do not understand. You are dangerous because you have friends who similarly lack understanding. You have been played. We have been played. All of the real money is gone. Where do you think the money comes from to pay the interest on treasury bonds?
 
QUOTE Misterveritis;

You do not understand.
Click to expand...

Enlighten me. What don’t I understand?

You are dangerous because you have friends who similarly lack understanding.
Click to expand...

Hhmm...better clean that crystal ball off,it seems to be getting a bit fogged up.

You have been played.
Click to expand...

I bet you're a riot at parties.


We have been played.
Click to expand...

Nah.

All of the real money is gone.
Click to expand...

The last i check my wallet was still their...only about ten bucks in it though.:(

Where do you think the money comes from to pay the interest on treasury bonds?
Click to expand...

The same place(taxpayers) the interest is paid on the money we borrow from China to finance our two and a half wars.:2wave:
 
donc said:
Enlighten me. What don’t I understand?
Click to expand...
If I thought it was remotely possible I would give it a try. But it is not. You will have to get there on your own. Or you just won't get there.
 
Misterveritis said:
If I thought it was remotely possible I would give it a try. But it is not. You will have to get there on your own. Or you just won't get there.
Click to expand...


Ok,i,m glad we could at least agree that it is us taxpayers that pay the interest on the money we borrow from China to finance our two and a half wars.Have a goodd...night.:2wave:
 
Whovian said:
yeah... great news that Dems/Libs want to sity on their collective asses for the next 25 years until SSI fails utterly. :rolleyes:
Click to expand...

well, if it makes you feel any better, Medicare will destroy us long before that :)
 
donc said:
Ok,i,m glad we could at least agree that it is us taxpayers that pay the interest on the money we borrow from China to finance our two and a half wars.Have a goodd...night.:2wave:
Click to expand...

of course it is.

mind you, both of those wars together cost us less than the deficit spending of the last two years alone....

the wars are actually pretty cheap when compared to our entitlements.
 
Last edited:
cpwill said:
of course it is.

mind you, both of those wars together cost us less than the deficit spending of the last two years alone....

the wars are actually pretty cheap when compared to our entitlements.
Click to expand...


If your still on the rock go over to "Camp Lester"and tell the wounded that"the wars are actually pretty cheap when compared to our entitlements " . :2wave:
 
donc said:
If your still on the rock go over to "Camp Lester"and tell the wounded that"the wars are actually pretty cheap when compared to our entitlements " . :2wave:
Click to expand...

when it comes to spending money, they are.

as for your comment - :) when you bury more friends than you have fingers, let me know. until then. Go F yourself.
 
QUOTE cpwill;

when it comes to spending money, they are.
Click to expand...

I’m assuming that you have run the numbers on the taxes that would have been paid by the 5500 kia in Afghanistan and Iraq? Then of course we have the diminished earnings of all of the maimed and wounded.



as for your comment - :) when you bury more friends than you have fingers, let me know.
Click to expand...

I let you know when I answered your lame ass post that said “wars are actually pretty cheap when compared to our entitlements. “ :mad:

When you cant count up the friends and on your extremities let me know. Da Nang, Quảng Nam.Also spent some not so quality time on the good ship Sanctuary, as well as Camp Lester.:2wave:
 
Last edited:
donc said:
I’m assuming that you have run the numbers on the taxes that would have been paid by the 5500 kia in Afghanistan and Iraq?
Click to expand...

no because that would be impossible to calculate, though i've seen the sites that try. utterly ridiculous, especially when you consider that we are discussing past budgets, not future revenues.

compared to the entitlements, the wars are cheap.

I let you know when I answered your lame ass post that said “wars are actually pretty cheap when compared to our entitlements. “ :mad:
Click to expand...

:roll: no, you went into a non-sequitor. no one was talking about the cost in measurements of blood.

When you cant count up the friends and on your extremities let me know. Da Nang, Quảng Nam.Also spent some not so quality time on the good ship Sanctuary, as well as Camp Lester.:2wave:
Click to expand...

:) oorah. I'm stationed at Camp Courtney myself. got out of the grunts to get a niiiice indoor job. F the mosquitos.
 
donc said:
It seems our winger contingent would rather bum money from China for our two and a half wars, than honor an IOU made forty years ago. Same thing, borrowed money.
Click to expand...
This coming from the same folks that voted for the wars for political expediency and then stabbed out troops in the back for political expediency? How quaint.

So sad, when you see Americans in favor of honoring a debt made to Commies, over those, that are more than likely the offspring of those that were fighting the ChiComs. Don’t get me started on the billions we borrow from the Saudi’s and others that want us dead.:(
Click to expand...
Now they complain when their Ponzi/Madoff schemes fail, when their socialist engineering fails, and we have debt to Communist Chinese and Saudi's!!! You folks really are a work of perverted art.

Nobody said anything about not honoring those who paid into the Ponzi/Madoff Scheme, but that idiocy has failed and need be phased out? Or is it just oral feces flying when you folks claim to want to shut down inviable programs? Thought so.

Just listen to these folks. They create a Ponzi/Madoff scheme, all projections are as accurate as a drunk with a rifle, it and their other bright ideas end up running up our debts through the roof, and then they complain when we have to borrow money to pay for their idiocy? Then they don't want to phase it out like responsible adults would with their own financial problems... No, no, no... they just want the Ponzi/Madoff scheme to keep rolling.

I wish we could bring back FDR and LBJ and show the damage they wrought. New Deal... Great Society... :roll:

.
 
cpwill said:
no because that would be impossible to calculate, though i've seen the sites that try. utterly ridiculous, especially when you consider that we are discussing past budgets, not future revenues.

compared to the entitlements, the wars are cheap.



:roll: no, you went into a non-sequitor. no one was talking about the cost in measurements of blood.



:) oorah. I'm stationed at Camp Courtney myself. got out of the grunts to get a niiiice indoor job. F the mosquitos.
Click to expand...


Non-sequitor???

Your were Quoting my post to Misterveritis; …

Ok, I’m glad we could at least agree that it is us taxpayers that pay the interest on the money we borrow from China to finance our two and a half wars.
Click to expand...

With this response

of course it is. mind you, both of those wars together cost us less than the deficit spending of the last two years alone....



the wars are actually pretty cheap when compared to our entitlements.
Click to expand...

The bolded part is what got me pissed off.So tell me where the non-sequitor in the above is?
 
zimmer said:
This coming from the same folks that voted for the wars for political expediency and then stabbed out troops in the back for political expediency? How quaint.

Now they complain when their Ponzi/Madoff schemes fail, when their socialist engineering fails, and we have debt to Communist Chinese and Saudi's!!! You folks really are a work of perverted art.

Nobody said anything about not honoring those who paid into the Ponzi/Madoff Scheme, but that idiocy has failed and need be phased out? Or is it just oral feces flying when you folks claim to want to shut down inviable programs? Thought so.

Just listen to these folks. They create a Ponzi/Madoff scheme, all projections are as accurate as a drunk with a rifle, it and their other bright ideas end up running up our debts through the roof, and then they complain when we have to borrow money to pay for their idiocy? Then they don't want to phase it out like responsible adults would with their own financial problems... No, no, no... they just want the Ponzi/Madoff scheme to keep rolling.

I wish we could bring back FDR and LBJ and show the damage they wrought. New Deal... Great Society... :roll:

.
Click to expand...

"YAWN "When you have something that refutes what i posted let me know.:roll:
 
donc said:
Non-sequitor???

Your were Quoting my post to Misterveritis; …

With this response

The bolded part is what got me pissed off.So tell me where the non-sequitor in the above is?
Click to expand...

the non sequitor came from you. when you somehow demanded that because people were wounded in war, obviously the price tag of the wars in Iraq and Afghanistan are not cheap compared to our rising entitlements. you made an emotional, not a logical argument.
 
Last edited:
I will be very surprised if I ever collect any form of social security. I don't expect that it will survive that long before being dismantled by congress.
 
well we will see. there are ways to save the entitlements. it's just that our window for doing so is quickly shrinking.
 
washunut said:
The money still being in the trust fund does not count as as a fact??
Click to expand...


Bush said he spent every dime of the $2.7 Trillion dollar trust fund. See the quotes I provided.
 
Whovian said:
So... your 'proof' that Bush looted SS to pay for Iraq... is the word of one guy? Typical.
Click to expand...

Yes, from the quotes of one guy, President Bush. :sun
 
Misterveritis said:
Why do you think that anyone has to "pay" when tax rates are lowered? What do you mean, exactly?
Click to expand...

I mean tax cuts that add to the National debt and rob SS trust funds to pay for optional wars instead of increasing taxes to pay for them.
 
Catawba said:
Yes, from the quotes of one guy, President Bush. :sun
Click to expand...

These quotes? From your link...

"The money-payroll taxes going into Social Security are spent. They're spent on benefits and they're spent on government programs. There is no trust."

Now that's what he says. "There is no trust."

"Every dime that goes in from payroll taxes is spent. It's spent on retirees, and if there's excess, it's spent on government programs. The only thing that Social Security has is a pile of IOUs from one part of the government to the next."
Click to expand...

Funny. I don't see a quote that says 'I looted the SS trust fund to pay for the Iraq war.'

Maybe you could point it out to me?

BTW... your proof is a dead guy with a non-existent website. I just thought you might want to know.
 
Last edited:
haymarket said:
Most progressives that I have talked to want some significant done about this to prevent a 25 year problem. At the top of the list is to pop the cap on the $106K limit for FICA taxes while freezing benefits to todays levels plus a modest inflation allowance increase. Your characterization is not accurate.
Click to expand...

106K? Where in the hell did that number come from? You talk of fairness and yet you are willing to come up with this idea to fix a failed policy? You are pathetic.
 
You must log in or register to reply here.
Back
Top Bottom