Palin's Book Being Sold "AT BELOW COST" Prices
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From: Jack Hollis on 2 Dec 2009 20:51 On Wed, 2 Dec 2009 14:08:23 -0800 (PST), Dinosaur_Sr <frostback2002(a)att.net> wrote: >Maybe, but the trustee of the funds blew them all on other things, and >they have no money. When they take money from other taxpayers to pay >you, it's welfare. What scam they used to set up the program in the >first place notwithstanding. The people who are paying into the SS system now, are paying for future benefits just like the retired people did when they were young. The government owes people for SS and Medicare, they have an obligation. The fact that the politicians spent all the money they should have been keeping in trust, doesn't change the nature of the SS program, which is not welfare. And I hope that they never turn it into a welfare program because I would quickly be "means tested" off the SS rolls.
From: Howard Brazee on 2 Dec 2009 20:58 On Wed, 02 Dec 2009 20:07:01 -0500, Jack Hollis <xsleeper(a)aol.com> wrote: >The fact that the government decided to spend all the SS and Medicare >Trust Fund money does not mean that the people who paid into the >system are any less deserving of their benefits. And, in addition, >the fact that you're rich also doesn't mean that you don't deserve >your benefits. If the government starts means testing SS and Medicare >then it will become a welfare program. Social Security Insurance isn't about being deserving. The government isn't about rewarding the deserving. The Constitution doesn't mention the deserving. There are other reasons for the these. -- "In no part of the constitution is more wisdom to be found, than in the clause which confides the question of war or peace to the legislature, and not to the executive department." - James Madison
From: Jack Hollis on 2 Dec 2009 20:59 On Wed, 02 Dec 2009 17:09:21 -0700, Howard Brazee <howard(a)brazee.net> wrote: >If I live long enough, I will get back more than I paid for Social >Security Insurance. But in reality, I didn't pay for me, I paid for >previous generations. It will be workers who will be paying for me. And when the benefits paid out reaches the point where it is more than the revenue coming in (last I heard 2014) the money will have to come from somewhere. My guess is that they will privatize the debt of $2 trillion in T-Bonds that the government owes to itself. Strange as it seems, the national debt wont go up a penny.
From: BAR on 2 Dec 2009 21:17 In article <vd5eh5hta2bkt3mndcks2j5mj9lg6dspcq(a)4ax.com>, xsleeper(a)aol.com says... > > On Wed, 2 Dec 2009 14:08:23 -0800 (PST), Dinosaur_Sr > <frostback2002(a)att.net> wrote: > > >Maybe, but the trustee of the funds blew them all on other things, and > >they have no money. When they take money from other taxpayers to pay > >you, it's welfare. What scam they used to set up the program in the > >first place notwithstanding. > > The people who are paying into the SS system now, are paying for > future benefits just like the retired people did when they were young. > The government owes people for SS and Medicare, they have an > obligation. The fact that the politicians spent all the money they > should have been keeping in trust, doesn't change the nature of the SS > program, which is not welfare. And I hope that they never turn it > into a welfare program because I would quickly be "means tested" off > the SS rolls. The people paying in today are paying for the people collecing "benefits" today. The social security systems runs into problems when the amount being paid in is less than the benefits being paid out the system is bankrupt. Social security should be abolished.
From: Jack Hollis on 2 Dec 2009 22:06
On Wed, 02 Dec 2009 18:58:00 -0700, Howard Brazee <howard(a)brazee.net> wrote: >On Wed, 02 Dec 2009 20:07:01 -0500, Jack Hollis <xsleeper(a)aol.com> >wrote: > >>The fact that the government decided to spend all the SS and Medicare >>Trust Fund money does not mean that the people who paid into the >>system are any less deserving of their benefits. And, in addition, >>the fact that you're rich also doesn't mean that you don't deserve >>your benefits. If the government starts means testing SS and Medicare >>then it will become a welfare program. > >Social Security Insurance isn't about being deserving. The >government isn't about rewarding the deserving. The Constitution >doesn't mention the deserving. That's all true. However, Social Security is a law passed by Congress and, as such, it is a legal obligation taken on by the government. |