Former surgeon to excise Obamacare

[The Only Sarge]

I think it sucks donkey balls for the Government to force you @65 to buy Medicare. All that does is forces us to pay for Medicaid. Simple wealth redistribution.

 

[MAGA MAN]

I think it sucks donkey balls for the Government to force you @65 to buy Medicare. All that does is forces us to pay for Medicaid. Simple wealth redistribution.

And Social Security is a transfer of wealth from the young to the old. Welcome to the realities of socialism.

 

[The Only Sarge]

And Social Security is a transfer of wealth from the young to the old. Welcome to the realities of socialism.

I dunno about that friend. I have paid a shitload into SS. Much more than my kids for sure and they all make 6 figures.

 

[PostmodernProphet]

I think it sucks donkey balls for the Government to force you @65 to buy Medicare. All that does is forces us to pay for Medicaid. Simple wealth redistribution.

why the fuck would you complain about Medicare......my premiums are dropping from $1384 a month to $137 a month come January when I turn 65.....

 

[sear]

note:
President Obama and Governor Romney were on the same page, in declaring Trump unqualified for the presidency.

BUT !!

They're both clearly trying to make lemonade from the lemon.

Obama understands Trump has pledged to repeal ACA "Obamacare", and replace it with something better.

Obama has stated publicly that he'll support any alternative / replacement healthcare system the Trump administration provides, which is better than ACA.

Obama supports Trump, on that basis.

 

[MAGA MAN]

I dunno about that friend. I have paid a shitload into SS. Much more than my kids for sure and they all make 6 figures.

And your employer has matched it. Now do the math with what you would have in the bank if you had the ability to manage those funds like your 410k. IF you were able to do that, upon retirement the interest alone would be a multiplier of your working salary. As a bonus, when you croak your kids could fight over the principle.

 

[cancel2 2022]

Which partially explains why the healthcare system is so bloody expensive. The insurance companies add yet another layer of complexity on top.

Sent from my Lenovo K52e78 using Tapatalk

 

[The Only Sarge]

And your employer has matched it. Now do the math with what you would have in the bank if you had the ability to manage those funds like your 410k. IF you were able to do that, upon retirement the interest alone would be a multiplier of your working salary. As a bonus, when you croak your kids could fight over the principle.

Nah it doesnt work that way for me. I understand what your saying but I have a trust. Have had for 45 years. I am the employer anyway. I fire myself all the time I have never counted on the hundreds of thousands of dollars I have paid in for my retirement.

 

[MAGA MAN]

Nah it doesnt work that way for me. I understand what your saying but I have a trust. Have had for 45 years. I am the employer anyway. I fire myself all the time I have never counted on the hundreds of thousands of dollars I have paid in for my retirement.

Not sure why a trust matters- I have one set up as well. That's merely to manage disbursements of the estate trouble free to my kids after I croak.

I am my employer as well, and through legal accounting practices have eliminated my payments to Social Security entirely. (Can't do that with my wife.) We live off her salary and every penny I make goes into my 401k. Though compounding interest the funds are now growing faster than I can contribute into them.

Nine more years and we'll retire. Her SS payments will pay the mortgage; the minimum distributions from my 401k will net us an income above what we now have and force us out of the house several times/ year on vacations/ European river tours. etc.

Woe is me.

 

[The Only Sarge]

Not sure why a trust matters- I have one set up as well. That's merely to manage disbursements of the estate trouble free to my kids after I croak.

I am my employer as well, and through legal accounting practices have eliminated my payments to Social Security entirely. (Can't do that with my wife.) We live off her salary and every penny I make goes into my 401k. Though compounding interest the funds are now growing faster than I can contribute into them.

Nine more years and we'll retire. Her SS payments will pay the mortgage; the minimum distributions from my 401k will net us an income above what we now have and force us out of the house several times/ year on vacations/ European river tours. etc.

Woe is me.

All my compensation is paid into the trust. The trust assets are in a offshore Universal Life policy. So I own nothing. It is sorta complicated but it saved my ass from frivolous lawsuits in my career. I own intellectual property and receive monthly payments from many industries that use it. So my tax situation was/is fucked up that required a little more effort on our part.

 

[MAGA MAN]

All my compensation is paid into the trust. The trust assets are in a offshore Universal Life policy. So I own nothing. It is sorta complicated but it saved my ass from frivolous lawsuits in my career. I own intellectual property and receive monthly payments from many industries that use it. So my tax situation was/is fucked up that required a little more effort on our part.

Eek- a whole life policy as an investment? Someone saw you coming a mile away and drilled you a big new one.

 

[The Only Sarge]

Eek- a whole life policy as an investment? Someone saw you coming a mile away and drilled you a big new one.

LOL>....Not at all. Universal Life, Whole Life, Term Life all different things. UL is simple really. I control what it pays, when and too who. It has saved me shitloads the past 45 years. You dont die to get payments man......it earns an average of 8% on all assets in it and makes monthly payments back to wherever I say.

 

[MAGA MAN]

LOL>....Not at all. Universal Life, Whole Life, Term Life all different things. UL is simple really. I control what it pays, when and too who. It has saved me shitloads the past 45 years. You dont die to get payments man......it earns an average of 8% on all assets in it and makes monthly payments back to wherever I say.

Whew! 8% isn't bad. I've done better but then again I pay a fee every year to my guy down the street to help me manage it.

 

[The Only Sarge]

Whew! 8% isn't bad. I've done better but then again I pay a fee every year to my guy down the street to help me manage it.

Dont get me wrong. I also direct assets into other investments in the name of the trust. But the assets in the UL earn 8% also. Tax free until which time I bring them back at earned interest and not capital gains.

 

[sear]

#16

Congrats on hitting the century mark here @JPP.

Thanks for joining us.

Visit often.
Post a lot.

 

[Rune]

#16

Congrats on hitting the century mark here @JPP.

Thanks for joining us.



Visit often.
Post a lot.

Is it really too hard for you to use the quote feature?

 

[FUCK THE POLICE]

Pelosi have republicans everything they wanted and they still voted against it unanimously. Fuck them. They are irrational monsters who should be erased from history. The right in this country is pure evil. They are the party of ignorance, cruelty, and greed. I hope they all die. I hope their children die.

 

[FUCK THE POLICE]

We should nationalize the health industry and ban private health coverage. That's the solution.

 

[The Only Sarge]

Pelosi have republicans everything they wanted and they still voted against it unanimously. Fuck them. They are irrational monsters who should be erased from history. The right in this country is pure evil. They are the party of ignorance, cruelty, and greed. I hope they all die. I hope their children die.

So the right is pure evil but yet you wish half of America to die?
Your a living advertisement for the right.

 

[The Only Sarge]

We should nationalize the health industry and ban private health coverage. That's the solution.

OK Kelso get off the internet. Your stoned again.