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Author Topic: The older I get, the more socialist I become  (Read 2339 times)

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Offline Johnb

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Re: The older I get, the more socialist I become
« Reply #30 on: February 16, 2012, 12:59:50 PM »
If SS was invested like most retirement accounts.  A person making 45 K would contribute (either as self employed or with employer part) would contribute $562 per month at 4% that is $672000 at 4% that would be 2200 per month and never touch the principle. 

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Re: The older I get, the more socialist I become
« Reply #30 on: February 16, 2012, 12:59:50 PM »

Alfred Combes

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Re: The older I get, the more socialist I become
« Reply #31 on: February 16, 2012, 01:05:38 PM »
FICA is a flat tax that goes straight to the general fund.  Because it is not held in individual accounts, it is a welfare program.

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Re: The older I get, the more socialist I become
« Reply #31 on: February 16, 2012, 01:05:38 PM »

Offline OldDad

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Re: The older I get, the more socialist I become
« Reply #32 on: February 16, 2012, 01:10:41 PM »
Alfred is right - and the discussion is not how should SS be administered or invested - it's that in it's current form it is welfare after the money paid in and some interest is paid out.

Offline Johnb

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Re: The older I get, the more socialist I become
« Reply #33 on: February 16, 2012, 01:14:14 PM »
Point is there is no need for SS to be welfare.  It should be moved out of the hands of the politicians.

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Re: The older I get, the more socialist I become
« Reply #33 on: February 16, 2012, 01:14:14 PM »

Alfred Combes

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Re: The older I get, the more socialist I become
« Reply #34 on: February 16, 2012, 01:36:05 PM »
Point is there is no need for SS to be welfare.  It should be moved out of the hands of the politicians.

And you think this will ever happen?

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Re: The older I get, the more socialist I become
« Reply #34 on: February 16, 2012, 01:36:05 PM »



Offline Johnb

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Re: The older I get, the more socialist I become
« Reply #35 on: February 16, 2012, 03:29:10 PM »
If we the people demand it yes.  Problem to many complacent folks.

p.rehbein

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Re: The older I get, the more socialist I become
« Reply #36 on: February 18, 2012, 07:06:17 AM »
P. Reihben,

Throw them all down the well, so my country can be free.


I'll take this as humor..........................however, in the event there was a grain of sincerety within your words, let me remind you that many, many of those you say we should thrown down the well so YOUR country can be free fought and bled so that YOUR country can be free.  Many, many of them are the reason YOUR country is free. 


Offline Johnb

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Re: The older I get, the more socialist I become
« Reply #37 on: February 18, 2012, 09:26:45 AM »
Yes I guess after 30 years in the military and 45 years of paying SS I don't deserve a pension or social security?  I guess I am just another welfare parasite.