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Are YOU willing to give up YOUR Social Security?

Would you give up your Social Security?


  • Total voters
    45
If this was at the U.N. I would ask for an english translation of this gibberish.

Understanding interest is hard for some. I will get back to you on the special version.
 
Did you even read the post that the other poster objected to, or just react without reading the post like he did.

I didn't react without reading far enough into the post to realize I didn't like your tone and I gave you the courtesy of explaining to you why I felt no obligation to read any further.
 
that is the dumbest analogy I have yet seen on this board.

There are none as blind as they who will not see.

The right wing has been attacking and campaigning against Social Security for a very long time. They have managed to poison the political well and convince some younger people NOT to support SS reform since they themselves will never get it. So then young people turn against SS and elect whack job extremists who refuse to do the necessary things like pop the cap and tax the higher earners to save it. And if they succeed and manage to convince a majority, then the system eventually does really run aground because of a lack of money that helped deny.

It becomes a self fulfilling prophecy which they helped engineer.

The "dumbness" is not in the analogy but in the failure of others to recognize what is actually afoot in the land.
 
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Moderator's Warning:
Any more personal attacks and I will dole out more consequences than I already have.
 
I'd prefer to get some kind of return on the money I've already thrown into the system, but the price of opting out entirely was to forgo the benefits I've already acrued, I'd do it.
 
Am I willing to give my my Social Security?

Um, well, are we talking about the Social Security I'll never see a dime of?

:lol:

Kinda hard to give up what you're never gonna get to begin with.


TED,
Definitely not giving up his winning lotto ticket, or his pot of leprechaun gold.
 
I am seventy but I was given the option of leaving Social Security in 1966 and I did.
 
I would prefer to give it up and have what I have paid in returned to me to invest how I see fit.

sorry, your not getting **** back. - pshh, youve been hustled

My age has nothing to do with it so I didn't vote in the poll.

The answer is yes regardless.

it has everything to do with it, it effects young people the most. but just worry about your future later i guess. - pshh, youve been hustled

Its a crap question based on if personal greed will come into account. I have no personal greed when it comes to my principles. I have never wanted social security nor do I desire it now and if I live to be hundred and have nothing to show for myself I will think the same.

Btw, I'm 28.

im so glad you have such wonderful principles hopefully it'll get you far in life haha, but its called a safety net, and my principals tell me that even if im successful when i graduate, that not everyone is, so for the better future of my unsuccessful or unfortunate peers, please dont **** with thier safety net, i dont wanna see anymore old people dying a slow painful death like were in the middle ages.
 
I am seventy but I was given the option of leaving Social Security in 1966 and I did.

Were you a public employee? I ask because many public employees are able to opt out of SS in lieu of a state-funded retirement program. In California, it wasn't really an option. When you went to work for a state or city entity, you automatically were switched to CalPers. Deductions were still taken in the same amount as SS, but it went to the state program. When I left work in the public sector, I took all of my Pers money with me. A good thing I did. CalPers is now under investigation for corruption, fraud and mismanagement.

Fortunately, I also had a few decades of private employment under my belt, or I'd be up a brown creek without a paddle now.
 
it has everything to do with it, it effects young people the most. but just worry about your future later i guess. - pshh, youve been hustled

What? I'm worried about my future now, but hey just rely on others if you wish.


im so glad you have such wonderful principles hopefully it'll get you far in life haha, but its called a safety net, and my principals tell me that even if im successful when i graduate, that not everyone is, so for the better future of my unsuccessful or unfortunate peers, please dont **** with thier safety net, i dont wanna see anymore old people dying a slow painful death like were in the middle ages.

Middle ages? HAHA, nice, where did that one come from? I like you.
 
im so glad you have such wonderful principles hopefully it'll get you far in life haha, but its called a safety net, and my principals tell me that even if im successful when i graduate, that not everyone is, so for the better future of my unsuccessful or unfortunate peers, please dont **** with thier safety net, i dont wanna see anymore old people dying a slow painful death like were in the middle ages.

Old people weren't dying slow painful deaths prior to the advent of social security. They were living with their children, actively taking part in the raising of their grandchildren, supporting their families by being around. And they saved and worked longer. Now, our people live lives far beyond their means instead of saving and when time comes to retire, it's still taken care of for them. And you see the breakdown of tight family bonds because of it...all the interdependency of generations of family has been undone. That's what government interference will get you.
 
lovelyLUDWIG said:
im so glad you have such wonderful principles hopefully it'll get you far in life haha, but its called a safety net, and my principals tell me that even if im successful when i graduate, that not everyone is, so for the better future of my unsuccessful or unfortunate peers, please dont **** with thier safety net, i dont wanna see anymore old people dying a slow painful death like were in the middle ages.

It's not like people are mandating that this money disappear. They get it back to do with as they see fit - be it for paying more bills, investing, blowing frivolously, or stuffing under the mattress. Frankly I'm against people being stupid with their money, then going "oops my bad" and expecting to jump onto a neverending support system funded by me and two hundred million taxpayers like me.

You can use your tax dollars to subsidize the lazy, inept, and stupid. Hands off mine. You're impeding Darwin's good work.
 
Where do people get the idea that workers are going to save up just like me? Get rid of a government mandated retirement plan and you are deciding that you would like to pay for all the people who just couldn't save. Not because thy were reckless but because they could only sacrifice so mch.

So, what do you think will happen? And is there any plan if this happens? Would that plan require the government? Oh yes I think it would.
 
I recall a member on another board, very conservative, who touted the investing of his SS. He lost a crap load the last Wllstreet down turn. He admitted his error in thinking. If your young enough, you can recover from these things, but if they happen late, you lose. A gamble is a gamble, always.

feel free to check out my propsal where I ran the numbers for all to see. Even if the market crashed at the worst possible time and the retiree then made the stupidest possible series of decisions, low income workers would still do more than twice as well with personalized accounts than they would with Social (in)Security.

What's it called, anyway, when you invest in something that is guaranteed to go broke?
 
I am seventy but I was given the option of leaving Social Security in 1966 and I did.

and no doubt you are currently starving to death in the snow?
 
Where do people get the idea that workers are going to save up just like me? Get rid of a government mandated retirement plan and you are deciding that you would like to pay for all the people who just couldn't save. Not because thy were reckless but because they could only sacrifice so mch.

It's not a retirement plan. Retirement plans involve a lot more than contributions over time -- they also involve careful investment, monitoring of assets, occasional changes in distribution to go with a risk tolerance that changes over time. They also involve the fact that at some point you get access to everything you put in, minus losses or plus profits over time.

Social Security is me paying into a pit that someone else gets a pittance out of, the "surplus" of which is shoveled into the ginormous potholes in the Federal budget process.

In other words, it's Bernie Madoff's wet dream -- a Ponzi scheme by government fiat.
 
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A USA TODAY/Gallup Poll finds that a majority of retirees say they expect their current benefits to be cut, a dramatic increase in the number who hold that view. And a record six of 10 non-retirees predict Social Security won't be able to pay them benefits when they stop working.

Skepticism is highest among the youngest workers: Three-fourths of those 18 to 34 don't expect to get a Social Security check when they retire....


Id like to know where CPwill got that gallup poll from..because its not on gallups site, unless I missed it

:) you may have noticed how some of the words in that post are blue, and underlined? that means it's a hyperlink ;)

Heres an interesting poll, most americans back the unions against the governors that are attacking them

riiiiiight.... and that matters to social security...... not at all......
 
It's not a retirement plan. Retirement plans involve a lot more than contributions over time -- they also involve careful investment, monitoring of assets, occasional changes in distribution to go with a risk tolerance that changes over time. They also involve the fact that at some point you get access to everything you put in, minus losses or plus profits over time.

Social Security is me paying into a pit that someone else gets a pittance out of, the "surplus" of which is shoveled into the ginormous potholes in the Federal budget process.

In other words, it's Bernie Madoff's wet dream -- a Ponzi scheme by government fiat..

that was actually one of it's selling points, originally. It was billed as an unfailable such scheme, because Everyone Knew that the population would Always have 10 or so young workers for each older retiree and Everyone Knew that Human Beings Would Never Start Living Past 70 etc. and so forth. So it was supposed to be a magic money tree; where benefits only kept going up, up, up, forever and ever.
 
I remember something from years and years ago, the late eighties maybe, that said people of Generation X were more likely to believe in extraterrestrials visiting Earth than they were to believe they would get SS

that sounds about right. there's a mathematical certainty that extraterrestrial life exists, and a mathematical possibility it has visited. neither of those things exists for Social Security existing as it currently does for me when i retire.
 
Hell no. Even as a conservative I paid into it all these years, damn skippy I want my money back.
 
Hell no. Even as a conservative I paid into it all these years, damn skippy I want my money back.

A. it's not "your" money.

B. the money you paid into it is long, long, long gone.

C. continuing the system as it is (along with Medicare) will bankrupt the nation, so;

D. you might as well get used to the fact that it's not going to happen.
 
A. it's not "your" money.

I put money into it, and I am going to get money out. It's good to be older.

B. the money you paid into it is long, long, long gone.

And yet I will get it back until I am long, long gone.

C. continuing the system as it is (along with Medicare) will bankrupt the nation, so;

I am glad I am retired.

D. you might as well get used to the fact that it's not going to happen.

And you mite as well get used to the fact I am over 40. ;)
 
If I could opt out, you could keep every dime I've contributed since I was 14(almost 14 years now).

My earning power on the money I could divert to my own investments would blow that pathetic SS payment out of the water.
 
Let's be fair. It is a wealth redistribution system, not an investment system; thus, the likes of you will not be "opting out".
 
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