and you wonder why SS is going broke....(1 of millions)

Thats strange....I would have thought that a smart person would be aware of who and why others are confiscating his hard earned money and what they might be spending it on.....

but then the key phase here is "smart person".....so you're forgiven....

and we're not really sure these people are "poor"....maybe they are middle class...they still get the Soc. Sec.

you thrive on what the poor are doing etc, the country club set doesn't even count SS in retirement plans. for us it might pay our insurance premium
 
The government borrows from SS, so in a way you are correct, if the government didn't borrow from SS for its other programs, like defense, it would have the money necessary to run for twenty more years, so what must be done is make all the other departments in the government run on what is collected in our taxes. Social Security is an insurance type program and the funds should be set aside for those purposed and those purposes only.

I don't deny the government is run very badly.

thank you, and this is why I keep saying that SS funds need to be taken back out of the general budget. nobody wants that though because then their other programs wouldn't get money.
 
No....my Uncle did....

He was spending 1000 a month and bringing in 500 a month, he just as luck would have it....he went broke...?:palm:. Are you retarded?

No, but your uncle...

bravo, you walked right into this one!
 
thank you, and this is why I keep saying that SS funds need to be taken back out of the general budget. nobody wants that though because then their other programs wouldn't get money.

We come from a lot of the similar views, it is just how to implement them that we vary a little.
 
thank you, and this is why I keep saying that SS funds need to be taken back out of the general budget. nobody wants that though because then their other programs wouldn't get money.

i can't give you a thanks, I wonder why it does that? do I have to delete my cookies, again, Damo?
 
pray tell what does that have to do with my question of SS?
It has to do with cash flow. Though you may have a studpendous amount of equity, property and funds, you may not have the cash flow to make debt payments, bills, payroll, etc, on time. This is of course a problem. In this case, if the debt ceiling had not been raised, SS payments would have been "LATE"due to cash flow issues. Not because SS was broke or did not have the funding to make those payments.
 
It has to do with cash flow. Though you may have a studpendous amount of equity, property and funds, you may not have the cash flow to make debt payments, bills, payroll, etc, on time. This is of course a problem. In this case, if the debt ceiling had not been raised, SS payments would have been "LATE"due to cash flow issues. Not because SS was broke or did not have the funding to make those payments.

i have to disagree with this, but if that truly is the case, then why can't you understand that spending on other non-discretionary budget items NEEDS to be reduced tremendously?
 
SS will be solvent for decades,
and the thing lemmings and fossils miss is we will inflate ourselves out of the debt problem.

Please see dollar vs euro for proof.
 
i have to disagree with this, but if that truly is the case, then why can't you understand that spending on other non-discretionary budget items NEEDS to be reduced tremendously?
It is the case and I do agree that discretionary spending must be cut. That's why I'm all for cutting the pentagon budget in half.....for starters.
 
SS will be solvent for decades,
and the thing lemmings and fossils miss is we will inflate ourselves out of the debt problem.

Please see dollar vs euro for proof.

Exactly and even when SS does start to run a deficit simply adjusting the payroll tax ceiling for inflation for the last x number of years would solve the problem. SS is not a problem. The two biggies in spending that are a problem are medicare/medicaid and defense spending.
 
Exactly and even when SS does start to run a deficit simply adjusting the payroll tax ceiling for inflation for the last x number of years would solve the problem. SS is not a problem. The two biggies in spending that are a problem are medicare/medicaid and defense spending.




You need to take the shit out of your ears and pay attention....

http://www.ssa.gov/oact/trsum/index.html


Social Security expenditures exceeded the program’s non-interest income in 2010 for the first time since 1983. The $49 billion deficit last year (excluding interest income) and $46 billion projected deficit in 2011 are in large part due to the weakened economy and to downward income adjustments that correct for excess payroll tax revenue credited to the trust funds in earlier years. This deficit is expected to shrink to about $20 billion for years 2012-2014 as the economy strengthens. After 2014, cash deficits are expected to grow rapidly as the number of beneficiaries continues to grow at a substantially faster rate than the number of covered workers. Through 2022, the annual cash deficits will be made up by redeeming trust fund assets from the General Fund of the Treasury. Because these redemptions will be less than interest earnings, trust fund balances will continue to grow. After 2022, trust fund assets will be redeemed in amounts that exceed interest earnings until trust fund reserves are exhausted in 2036, one year earlier than was projected last year. Thereafter, tax income would be sufficient to pay only about three-quarters of scheduled benefits through 2085.

Projected long-run program costs for both Medicare and Social Security are not sustainable under currently scheduled financing, and will require legislative corrections if disruptive consequences for beneficiaries and taxpayers are to be avoided.

The financial challenges facing Social Security and Medicare should be addressed soon. If action is taken sooner rather than later, more options and more time will be available to phase in changes so that those affected can adequately prepare.


There is a little word used by the Soc. Sec. Administration in there that you might take note of.....d e f i c i t........look it up....
Do you think the Soc. Sec. Admin. is using that particular word because they lack a vocabulary or do you think they actually might find that word describes the issue....?
Or are you a stubborn ignorant pinhead that just cant admit being wrong....


and I realize they are talking
excluding interest income
they are still describing the problem as a deficit...and the interest they are talking about is interest money the federal government owes them and is money that MUST BE BORROWED from foreign countrys...money that doesn't exist until we borrow it....
 
New Orleans Loses a 'Talented' Twenty-Five Year Old Entrepreneur
The Cream Always Rises to the Top

This simply has to be another heartbreak for New Orleans.
(but not for taxpayers)

Allen has previous arrests, and in May of 2003 he was arrested on two (2) counts of attempted murder and one count of First Degree Murder. In December and October of 1999, he was arrested on two separate First Degree Murder cases.

(Click on image and see link)

View attachment 1300
http://hubpages.com/hub/New-Orleans-Loses-a-Talented-Twenty-Five-Year-Old-Entrepreneur

(Excerpt) That is nine welfare recipients collecting $1,500 each, every month. That equals a grand total of $13,500 every month!(End)

I enjoy a satirical article just as much as the next guy but it's supposed to have some relationship to reality. If welfare is so generous then the people who are working and complaining about it are idiots. Why don't they quit work and collect welfare and please don't say it's because of some moral aversion. If they could get money from the government they wouldn't hesitate to take it.
 
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