View Poll Results: Are you willing to give up you social security to end the new deal?

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  • Yes

    75 66.96%
  • No

    37 33.04%
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Thread: Are you willing to give up you social security to end the new deal?

  1. #131
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    Re: Are you willing to give up you social security to end the new deal?

    Quote Originally Posted by DeeJayH View Post
    what fund is this? that lockbox thingy?

    Yeah,that Al Gore thingy
    "God Bless Our Troops in Harms Way."

  2. #132
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    Re: Are you willing to give up you social security to end the new deal?

    Quote Originally Posted by rsixing View Post
    Is that anything like a "bad weiner day"...
    Not quite? Women are allowed to have a bad hair day but if a man has a bad weiner day he would probably be smart to just keep it to himself.

  3. #133
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    Re: Are you willing to give up you social security to end the new deal?

    I'm new to these forums and haven't read all 14 pages of posts. I have kept up on this debate for many years though. Everyone that starts Social Security collects all they have paid into it plus interest in a few years. It was never designed as a replacement for a pension. Life expectancies were much shorter in the 1930's. The amount of money needed to keep Social Security solvent is not all that large per person, if it is done now. Who pays it isn't all that significant, be it lower, middle or upper income people. Each group should pay their fair share. It is a small price to pay. I haven't checked recently, but I think that wages are only taxed for Social Security up to 97K. Investments aren't taxed. The question really should be, do we need it? I say most definitely yes. Why? because it serves as a safety net. As we have seen in recent years, pension funds can go broke, widow and orphan stocks can go bust and real estate can lose value. That's why Social Security should never be invested in the stock market. It's also why people shouldn't invest it themselves. It was designed to be a stipend not an income. It will keep you from winding up homeless or dependent on relatives. That by the way has also become more difficult as we now have smaller families, we live longer and aren't an agrarian society any more. We have extended to other groups not originally intended. I'm not saying that it is a bad thing, just that it creates further strains on the system.
    Illegitimati non carborundum

  4. #134
    Educator ronpaulvoter's Avatar
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    fyi Re: Are you willing to give up you social security to end the new deal?

    Quote Originally Posted by DeeJayH View Post
    what trust fund?
    it is a ponzi scheme
    there is no fund

    Absolutely right. It IS a Ponzi scheme--the greatest Ponzi scheme in the history of the world.

    What is interesting is that FDR signed it into law in 1935 -- just a few years after Ponzi himself was caught and thrown into prison.

    There is ONE huge difference between Ponzi's scheme and Roosevelt's. People could opt out of Ponzi's. People were FORCED to "invest" in Roosevelt's.

    FDR -- America's all time greatest TRAITOR.

  5. #135
    Educator ronpaulvoter's Avatar
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    Thumbs down Re: Are you willing to give up you social security to end the new deal?

    Absolutely!!!!!

    End the greatest Ponzi scheme that has ever been devised.
    Last edited by ronpaulvoter; 05-22-08 at 05:14 PM.

  6. #136
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    Re: Are you willing to give up you social security to end the new deal?

    Quote Originally Posted by Trajan Octavian Titus View Post
    Are you willing to give up your social security to end the new deal?
    In a heartbeat!

    Everyone should have a choice: to participate in Soc Sec, or not.

    However, the "Party of Choice" refuses to allow such a thing.

    I guess they're really just "The Party Of Choices We Think You Should Be Able To Make"

  7. #137
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    Re: Are you willing to give up you social security to end the new deal?

    I can not believe somebody dug up an ole TOT post


    LONG LIVE TOT




    Human Taxidermist - - now offering his services for all your loved ones
    Quote Originally Posted by jallman View Post
    How the hell did you just tie in a retroactive reparative measure with a proactive preventative measure. Not even close to being the same thing.

  8. #138
    Educator ronpaulvoter's Avatar
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    fyi Re: Are you willing to give up you social security to end the new deal?

    Quote Originally Posted by Trajan Octavian Titus View Post
    Are you willing to give up your social security to end the new deal?

    Now I know that since I'm younger, this is an easier question for me. But for older members of society, would you be willing to end this ridiculous plan?

    I'm sorry. It's a damn albatross around the neck of the economy, and the government has no business in wealth redistribution....

    HELL, YEA!!!!!








    (Sorry, TOTbuster, but people need to keep reading this thread)
    Last edited by ronpaulvoter; 08-30-08 at 03:26 PM.

  9. #139
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    Re: Are you willing to give up you social security to end the new deal?

    Quote Originally Posted by ronpaulvoter View Post
    HELL, YEA!!!!!
    You'd be celebrating market failure. Social security is a basic correction in capitalism

  10. #140
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    Re: Are you willing to give up you social security to end the new deal?

    No, I wouldn't for a key reason. While I detest the program and I agree it's a giant ponzi scheme requiring ever increasing numbers of fresh meat and should have been reformed decades ago, there's a reason I wouldn't want to kill it.

    My fellow Americans have a horrid savings rate. Absolutely terrible in the developed world and nothing exists to suggest this will change. Many people do not save for the future. Many have their fortunes in their houses. Not exactly easy to extract funds from aside from a home equity line of credit or a reverse mortgage.

    With that in mind, I'd rather pay a relatively small portion of my income to maintain that monstrosity then to pay a huge amount of my income later when politicians tax the crap out of us to placate the millions of Americans who failed to prepare for retirement. This reason is purely selfish. I wish to reduce my outflows to the entitlement. Killing it now will almost certainly result in more money leaving my wallet in the future. This is purely cost vs benefit. And the benefit to me is in leaving it alone.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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