View Poll Results: Do you view social security is an entitlement that can be altered?

Voters
90. You may not vote on this poll
  • Yes, it should be eliminated completely.

    45 50.00%
  • Yes, I could handle a small level of program reduction.

    6 6.67%
  • No, its my money, and the government has no right to touch it.

    32 35.56%
  • I dont know and/or it depends on what is offered as a replacement program.

    7 7.78%
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Thread: Do you view Social Security as an entitlement?

  1. #101
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by PzKfW IVe View Post
    Not surprisingly, you're sidestepping the point.
    But then, when you cannot actually address that point, what choice to you have?
    And what exactly is this POINT that you feel is being sidestepped or ignored?
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  2. #102
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by GreenvilleGrows View Post
    Both of these statements are very misleading.
    If you find statements of fact, misleading.

    The President doesn't control the spending.
    I never said he did, what I said was that since 1945, Republican Presidents have approved more spending than Democrat Presidents.

    Show me the Republican vetoes of spending since 1945?

    Social Security, primarily, pays people from what new people put into the system (not from what people put in themselves)
    .

    That is the way every insurance company operates.

    When it runs short, it's backed by the Treasury. When the Treasury runs short, Congress raises the debt ceiling. If, eventually, Congress doesn't balance the budget and can't borrow more money, Social Security, at some point, will default.
    Of course, that is why it will be necessary to cut wasteful spending and the eliminate the temporary tax cuts for the rich. It was stupid to cut taxes and wage unfunded two simultaneous wars at the same time. Were you under the impression that no one would ever have to pay for them?


    On paper, it looks pretty stable right now: Social Security Online - HISTORY -- the worry is the increasing population in retirees compared to those putting money into the system -- starting about 2020: http://www.cbo.gov/ftpdocs/96xx/doc9...rityUpdate.pdf (BAD NEWS!)
    Meh, raise or remove the FICA CAP, problem solved for the long term!
    Last edited by Catawba; 09-11-11 at 01:27 AM.
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  3. #103
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by SypherAL View Post
    Just curious as to how people view Social Security. I myself do NOT view it as an entitlement, considering its MY money I have been putting in the program for years and years
    then you are sadly mistaken. your money is long gone - and you have no right to anyone else's in the form of a check from Social Security.

    Thus Sayeth the Social Security Administration:

    ...There has been a temptation throughout the program's history for some people to suppose that their FICA payroll taxes entitle them to a benefit in a legal, contractual sense. That is to say, if a person makes FICA contributions over a number of years, Congress cannot, according to this reasoning, change the rules in such a way that deprives a contributor of a promised future benefit. Under this reasoning, benefits under Social Security could probably only be increased, never decreased, if the Act could be amended at all. Congress clearly had no such limitation in mind when crafting the law. Section 1104 of the 1935 Act, entitled "RESERVATION OF POWER," specifically said: "The right to alter, amend, or repeal any provision of this Act is hereby reserved to the Congress." Even so, some have thought that this reservation was in some way unconstitutional. This is the issue finally settled by Flemming v. Nestor.

    In this 1960 Supreme Court decision Nestor's denial of benefits was upheld even though he had contributed to the program for 19 years and was already receiving benefits. Under a 1954 law, Social Security benefits were denied to persons deported for, among other things, having been a member of the Communist party. Accordingly, Mr. Nestor's benefits were terminated. He appealed the termination arguing, among other claims, that promised Social Security benefits were a contract and that Congress could not renege on that contract. In its ruling, the Court rejected this argument and established the principle that entitlement to Social Security benefits is not contractual right...

  4. #104
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by cpwill View Post
    then you are sadly mistaken. your money is long gone - and you have no right to anyone else's in the form of a check from Social Security.

    Thus Sayeth the Social Security Administration:
    This is nothing more then conservatives trying to find ways to continue to plunder more money from the middle class and poor, it ain't going to happen and if it does the republicans can kiss thier party good bye. Many niddle class and poor people depend on SS monies for life sustaining needs

  5. #105
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by Gipper View Post
    Not our fault. Democrats do well at scaring the old farts into thinking their checks will go away when they won't.

    My worry is that when all the Freds and Ethels die off, other ignorant old people will take their place.
    Thats real condescending horse**** gipper...older americans arent afraid...weve just heard all the lies dozens of times and we DONT TRUST THE TEAPARTY greedy youngsters

  6. #106
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by Cold Highway View Post
    Its called a 401k, investing throughout your working years and savings.

    Thats perfect if you can make enough to do that...but with walmart the countries largest employer most americans cant....oh and ask all the people at retirement age RIGHT NOW how their 401k is doing....their answer will be we lost 30 to 70% of our retirement....ask the employees of WorldCom and Enron how 401ks worked for them.....401ks health are at the whim and discression of the greedy rich...s

  7. #107
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by atrasicarius View Post
    Well, I'm of the opinion that the government should take over the role of central bank directly, instead of delegating it to a for-profit corporation. There's no reason government activities can't turn a profit, although that would require some intelligence that seems to be lacking in the current system.
    You and I agree on many things......including having the government take over the banks....or a central bank, I should say...
    Our banks have shown that they cannot be trusted.....
    Those nations with a federal government central bank.....How are they doing ?

  8. #108
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by lpast View Post
    The same people that whine about Social Security forget a few points....number one, people that are on social security paid it all their lives...NOT BY CHOICE...we were forced to pay social security. For people that make above middleclass pay its not a problem to pay social security and pay into a bigger private retirement plan...For lower middleclass and the working poor most could not afford to pay SS and an additional private retirement.

    I keep asking all the hot shot teapartiers, the get RID OF ALL ENTITLEMENTS...no pensions, no health benefits nothing... I have doubts about the thinking and reasoning abilities of the tea baggers....They seem to be all emotions... .I keep asking them what do they think is going to happen with 60% of the country gets old and has no pension or health benes....do we start digging mass graves...
    One way or another your going to pay...
    Social security and many other things are in need of improvement...
    We need intelligent level headed Congressmen to do this.

  9. #109
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by atrasicarius View Post
    Here's how the system should work. You can open a tax-free bank account with the government with an interest rate pegged to inflation, and you're not allowed withdraw any money from it until you retire. Actually putting money into it is entirely voluntary. The government is not allowed to spend your money on other things, except things which actually produce income to pay for your interest.
    Very similar to a 401K, which I had.....years of "pocket change" yielded about $40K.....really nice...but the financial market is very volitile..social security is much more certain and sure.

  10. #110
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by atrasicarius View Post
    I've really never been able to follow the path that leads from public works and universal healthcare to gulags and secret police. You guys seem to be absolutely convinced it's there, though.
    The tea bagging conservatives are, just ask Limbaugh or Beck....
    I know better...
    But, we do need our people to monitor their government at all times.

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