All you parasites who don't pay taxes love them for everyone else so you can get your freebies.Taxation is not theft. Taxation is not extortion. Social Security is not a Ponzi scheme.
Are you delusional or just an average run of the mill nut case?
All you parasites who don't pay taxes love them for everyone else so you can get your freebies.Taxation is not theft. Taxation is not extortion. Social Security is not a Ponzi scheme.
Are you delusional or just an average run of the mill nut case?
Look dimwit I asked a simple fucking question and you went off somewhere else and didn't answer it.Thanks for showing us you didn't really want to have a discussion. You just wanted to reveal how ignorant you were.
The answer to your question is ... that it is of great benefit to America and to all Americans for the Federal government to secure all of our inalienable rights with which our creator has endowed us. US citizenship is the inalienable right of all persons who are born in the United States, and no State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.Exactly in what way is it beneficial to America and Americans to have the babies of illegal aliens automatically be citizens?
gibberish but thanks for playingThe answer to your question is ... that it is of great benefit to America and to all Americans for the Federal government to secure all of our inalienable rights with which our creator has endowed us. US citizenship is the inalienable right of all persons who are born in the United States, and no State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.
You would have a much clearer understanding if you were to properly word your question, e.g. In what way is it beneficial to America and to Americans to have people who are born in the US be US citizens (noting that this is completely independent of parentage because the parents are other people, which is why there is no parentage qualifying clause in the 14th Amendment, and also noting that the child born in the US has not committed any crime and cannot have his inalienable rights violated over some infraction committed by others) ?
Don't be afraid to come to me with the hard stuff.
Low returns are not part of a Ponzi scheme so not a Ponzi schemeThey listed four at the start.
I see that now.
They guarantee low returns. They’re honest in regards to that.
US treasuries aren't listed with the SEC? US treasuries are clearly listed with the SEC so not a Ponzi schemeCheck
Social Security releases an audited financial statement every year that lists exactly where they are invested so not a Ponzi schemeCheck
Annual audited financial statement so it isn't a Ponzi scheme.Check
Social Security isn't an investment. It is a social insurance plan. Insurance isn't a Ponzi scheme if you can't take out all your payments.Check
Impossible to withdraw all of what was invested. So check.
You just described how SS is a Ponzi scheme.
It seems you might be a run of the mill nut case since you don't understand the basics of Social Security.Thank you
See my response to anonymoose.I would say that describes Social Security pretty accurately with the exception of #1. There is a guaranteed return, but it isn't "high."
You are the one quibbling over terminology. Social Security is a tax that finances a social insurance program.That's just quibbling over terminology. A Ponzi scheme is one where those that pay in expecting a return on investment instead have their money given to earlier investors as there is no return to be had. To use an idiom, Social Security works on the principle of robbing Peter to pay Paul. That phrase is often used to describe wealth redistribution and socialist welfare programs of which Social Security is one.
The US doesn't take most or nearly all of anyone's income. Making ridiculous and outlandish arguments only shows you are likely a nut case.All taxes are forced. If you don't pay them, there are consequences and those can be severe. Most people are agreeable to paying a reasonable level of tax, say 10% or so. Few people of any level of wealth or income are agreeable to taxes that see most or nearly all of what they earn or have being taken.
If you didn't want to know, or if you don't value inalienable rights, you should not have asked.gibberish but thanks for playing
Already addressed.Low returns are not part of a Ponzi scheme so not a Ponzi scheme
Low yield US Treasuries are only used when there is a surplus. That is NOT how SS is funded. There is no surplus. SS is running a deficit. It is insolvent. That’s a Ponzi scheme.US treasuries aren't listed with the SEC? US treasuries are clearly listed with the SEC so not a Ponzi scheme
Your link shows no investment.Social Security releases an audited financial statement every year that lists exactly where they are invested so not a Ponzi scheme
Which shows SS is insolvent.Annual audited financial statement so it isn't a Ponzi scheme.
You just said they were invested. “Social Security releases an audited financial statement every year that lists exactly where they are invested so not a Ponzi scheme.”Social Security isn't an investment.
It’s a Ponzi scheme if it relies on continuing contributions, which it does and will eventually be insolvent.It is a social insurance plan. Insurance isn't a Ponzi scheme if you can't take out all your payments.
I understand that it’s basically a Ponzi scheme.It seems you might be a run of the mill nut case since you don't understand the basics of Social Security.
That's interesting because I can see this section-Already addressed.
Low yield US Treasuries are only used when there is a surplus. That is NOT how SS is funded. There is no surplus. SS is running a deficit. It is insolvent. That’s a Ponzi scheme.
Your link shows no investment.
No. It doesn't show it is insolvent. It shows it currently has a surplus that will be depleted over time. Something is not insolvent when it's current assets exceed it's current outlaysWhich shows SS is insolvent.
LOL. Insurance companies invest and list their investments on their balance sheets. It doesn't mean that those that bought insurance are invested.You just said they were invested. “Social Security releases an audited financial statement every year that lists exactly where they are invested so not a Ponzi scheme.”
Make up your mind.
All businesses rely on continuing revenues or they would be insolvent. Having continuing revenues does not make it a ponzi scheme.It’s a Ponzi scheme if it relies on continuing contributions, which it does and will eventually be insolvent.
So when do you receive statements telling you the value of your investment?I understand that it’s basically a Ponzi scheme.
You are the one quibbling over terminology. Social Security is a tax that finances a social insurance program.
Tax cuts for the rich are robbing poor Peter to pay rich Paul so by your definition tax cuts for the rich are a Ponzi scheme. Denying tax cuts for the rich are a Ponzi scheme would be just quibbling over terminology to use your logic.
You, among others here, have suggested just that. The Progressive Left has suggested "wealth taxes" where even the material things owned by someone could be taxed away.The US doesn't take most or nearly all of anyone's income. Making ridiculous and outlandish arguments only shows you are likely a nut case.
Correct. Surpluses are used to purchase low yield treasury bonds. But treasury bonds are both an asset to SS and a liability to the Treasury. Not really an investment. But at least that relatively minuscule amount is legal.That's interesting because I can see this section-
5. Investments
The cash receipts collected from the public for the OASI and DI Trust Funds are invested in
interest-bearing securities backed by the full faith and credit of the Federal Government,
generally U.S. par-value Treasury special securities.
Which I define as insolvent. It can chug along for a while. Same as Ponzi schemes.No. It doesn't show it is insolvent. It shows it currently has a surplus that will be depleted over time.
The assets were gained by theft. Even so SS is projected to be depleted without further theftSomething is not insolvent when it's current assets exceed it's current outlays
SSA is not an insurance company. Insurance companies are not Ponzi schemes.LOL. Insurance companies invest and list their investments on their balance sheets. It doesn't mean that those that bought insurance are invested.
Legitimate businesses produce goods and services and in return they receive revenue. Ponzi schemes produce nothing.All businesses rely on continuing revenues or they would be insolvent. Having continuing revenues does not make it a ponzi scheme.
It’s projected to be depleted without increased theft. That sounds like insolvency to me .You said SS is insolvent and now you say they will be insolvent. Make up your mind.
I can look up my investments anytime I want. I have no idea when or even if I receive statements.So when do you receive statements telling you the value of your investment?
Forget the Constitution???? That's the most "ultra MAGAt" thing you've ever posted.Not asking to debate the constitution. Forget about that for a minute. Or the intent of the 14th.
And without mentioning DJT.
The stand alone question is: Exactly in what way is it beneficial to America and Americans to have the babies of illegal aliens automatically be citizens?
Go ahead and list the ways it's detrimental too if you're a naysayer to the concept.
Where can you list federal income taxes on your personal tax return in order to get a deduction? You can list FICA on your tax returns. There is even a form dedicated to FICA TAX which allows for a deduction for some of your FICA taxes if you are self employed, form 1040SE.No, it isn't. You are paying into the system just like with unemployment insurance. FICA, which in part is Social Security is NOT a tax because you cannot list it on your tax return nor can you use it to take deductions, etc.
I see you have decided to quibble over terminology.They aren't a Ponzi scheme since taxes don't go to pay out other investors. Tax cuts for the rich don't deprive the poor of anything. On the other hand, if the upper limit on income for which social security were taken out, I wouldn't have major heartburn with that.
Math must be really hard for you. If there is a 75% tax on incomes over $5 million and a 25% effective tax on income below $5 million, what income would a person have to have to lose nearly all their income on taxes? I'll give you a hint, even if they made $5 billion they wouldn't lose nearly all their income to taxes.You, among others here, have suggested just that. The Progressive Left has suggested "wealth taxes" where even the material things owned by someone could be taxed away.
					
				Since you don't have an investment in SS it can't be a Ponzi scheme.Correct. Surpluses are used to purchase low yield treasury bonds. But treasury bonds are both an asset to SS and a liability to the Treasury. Not really an investment. But at least that relatively minuscule amount is legal.
Which I define as insolvent. It can chug along for a while. Same as Ponzi schemes.
The assets were gained by theft. Even so SS is projected to be depleted without further theft
SSA is not an insurance company. Insurance companies are not Ponzi schemes.
Legitimate businesses produce goods and services and in return they receive revenue. Ponzi schemes produce nothing.
It’s projected to be depleted without increased theft. That sounds like insolvency to me .
I can look up my investments anytime I want. I have no idea when or even if I receive statements.
What do my investments have to do with SS?
What I invest in has nothing to do with what is or isn’t a Ponzi scheme.Since you don't have an investment in SS it can't be a Ponzi scheme.
This does not address the question of birth right citizenship. Immigration of adults to fill vital roles in our economy is an entirely different conversation. Why is this so hard to understand for most of you?We need the workers. Immigrants have a lower crime rate than Americans already here. They expand the economy. They start more businesses than Americans. Our economic growth over time is due to immigration. They pay taxes, and cannot collect benefits from doing it. Trump is harming America and our economic future.
Look you fucking moron the constitution wasn't the question.If you didn't want to know, or if you don't value inalienable rights, you should not have asked.
My "gibberish" , by the way, comes from the Constitution and the Declaration of Independence ... but thanks for playing.
You didn't expect to get any money from Berni Madoff.What I invest in has nothing to do with what is or isn’t a Ponzi scheme.
E.g., I didn’t have an investment in Bernard L. Madoff Investment Securities LLC but it was still a Ponzi scheme.