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Thread: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitutiona

  1. #101
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by lpast View Post
    I bristle when people say that if your collecting social security your sucking the govts teat and your this and that...

    I paid social security from the day I started working and I had no choice, I could not invest that money in anything else and there were no 401ks.....I paid for the generation before me to have it...I paid it over 45 yrs....Im not the one getting a free ride
    Its all the YOUNG non veterans that are on it that are sucking the govts teat...they paid nothing into it
    Good post. I too am amazed that people believe that taking the FICA money from everyone is fine but that those, lucky enough to live long enough to collect, are "free loading" when they accept their EARNED SS retirement benefits. Another goofy thing is trying to equate $1 paid into the SS fund in 1970 as "offset" by receiving that same $1 back in 2020 as part of a SS retirement benefit payment. That 1970 $1.00, even without considering ANY compound interest effect, is worth perhaps $7.50 in 2020 "dollars" when merely adjusted for inflation.
    Last edited by ttwtt78640; 06-21-12 at 01:46 PM.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
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  2. #102
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by SheWolf View Post
    lol... Obama would pay more taxes on his tax plan than he would under Romney's. What do you want wealthy liberals to do? That's like arguing "if you're so worried about the debt, then why haven't you personally donated your money to the government.... you must be a liar and hypocrite."
    I could care less what wealthy liberals do, what I would like to see, is people like the op apply the same idiocy to Obama.

    If Obama thinks people like him should pay more, what is stopping him? This is the exact same mindset the op is using questioning why Paul doesn't simply stop receiving the benefits he doesn't think should exist.

    Obama doesn't think the benefit of a lower tax should be applicable, yet he continues using it.

  3. #103
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by lpast View Post
    I can hear the libertarians
    Hes "ENTITLED" to it he paid into it
    They stole his money, he should want to get it back and blahblahblah....heres what I say


    PHONY!!!!!!!!!! PHONY!!!!!!!!!!!PHONY!!!!!!!!!!! lol



    Rep. Ron Paul (R-Texas) may rail against Social Security insolvency in the public eye, but that hasn't stopped him from accepting the government checks.
    The libertarian-leaning Republican and former presidential candidate admitted Wednesday that he accepts Social Security checks just minutes after he called for younger generations to wean themselves off the program, in an interview on MSNBC's "Morning Joe."


    Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitutional
    So you believe that he should give his money away? Is that it? Did he have the option to not pay into it? How about the people that never paid into it, are they hypocrites for collecting it?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  4. #104
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by lpast View Post
    I bristle when people say that if your collecting social security your sucking the govts teat and your this and that...

    I paid social security from the day I started working and I had no choice, I could not invest that money in anything else and there were no 401ks.....I paid for the generation before me to have it...I paid it over 45 yrs....Im not the one getting a free ride
    Its all the YOUNG non veterans that are on it that are sucking the govts teat...they paid nothing into it
    I bristle that you guys never did anything to make it solvent and now want us to figure it out and pay for it.
    “Tyranny is defined as that which is legal for the government but illegal for the citizenry.”
    ― Thomas Jefferson

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    Quote Originally Posted by Aberration View Post
    I bristle that you guys never did anything to make it solvent and now want us to figure it out and pay for it.
    What do you mean 'you guys'? Who are you voting for? Cuz...guess who's job it is to 'do something'....

  6. #106
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    I bristle that bristle because I paid in $180,000.00 including my earliest dollars in 1957 which were worth far more than this crap FRNs that I'm getting paid back in. I'm guessing that you've paid in damn near nothing yet you're busy bristling about it.



    Quote Originally Posted by Aberration View Post
    I bristle that you guys never did anything to make it solvent and now want us to figure it out and pay for it.

  7. #107
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by Thunder View Post
    This is what my 401K plan says:

    DCP as an Alternative to Social Security Tax (FICA)
    Under certain circumstances, City employees may be able to substitute their mandatory Social Security tax for membership in DCP if they contribute 7.5% or more of their adjusted gross income to the Plan.

    Advantages of DCP
    The City’s Deferred Compensation Plan is a tax-favored retirement account into which a portion of a participant’s earnings is deposited. Eligible employees can agree to deposit at least 7.5% of his/her compensation into either the 457 Plan or the 401(k) Plan, and then not have his/her compensation be subject to social security taxes


    now, I can't believe this is only for NYC govt. employees. We don't get special privelages from the IRS or Dept. of Labor.

    do we have any financial or retirement experts out there?
    Certain municipalities have age old exemptions from SS.
    I believe there are a couple of towns in Texas that have this as well.

    Generally, for the rest of the population of the U.S, you can't be exempt from SS, no matter your 401k contributions.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by Thunder View Post
    and what if your employer has total control of your 401K?
    Umm how do they have "total control?"
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    Quote Originally Posted by lpast View Post
    People that work everyday and dont make alot of money...invest in 401ks and can invest in 401ks for decades and when they are near retirement lose it all....ask WorldCom and Enron employees. Many people invest and LOSE everything...does not mean they are idiots...
    Yes it does, especially if they invest in only company stock, or in a small amount of individual stocks, or they didn't adjust their allocation based on their age.

    All these people near retirement that saw their account values drop, should have already seen it near completely recover, unless they were very stupid and sold it all.
    Not only that, being that close to retirement, they should of been into mostly bonds, which wouldn't have experienced that same drop.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  10. #110
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    Re: Ron Paul Admits He's On Social Security, Even Though He Believes It's Unconstitut

    I'm no Ron Paulite, I think he's a little nutty. I remember reading his newsletters way back when, and the man is fricking nutso. But here, it's not hypocritical. He paid into the system, and AFAIK has not received back near what he's paid in.

    You can hate taxes, not believe they should exist in a perfect world, and still pay them and cash your rebate check without being hypocritical.

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