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View Poll Results: Would you withdraw from Social Security?
Yes. 51 51.00%
No. 49 49.00%
Voters: 100. You may not vote on this poll

 
 
Old 05-26-2011, 12:08 PM
 
Location: Sinking in the Great Salt Lake
13,138 posts, read 22,860,055 times
Reputation: 14116

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I would rather have it when I'm old (especially medicare), but considering that Social Security will not be able to deliver when I'm 65 in 30+ years, I would withdraw now if I could.
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Old 05-26-2011, 12:10 PM
 
29,939 posts, read 39,523,665 times
Reputation: 4799
Quote:
Originally Posted by Speleothem View Post
If I were younger, I'd opt out in a heartbeat, but I've paid in all my life.
There's the catch-22. No matter who it is if they've paid a single dime they either want it back or want what they've paid for, understandably so.

I think was the point of the program in the first place.

Three things had to happen no matter what current events occurred.

The population will always increase.

The population will increase to a point at which the planet can't sustain it.

The population will decrease and the people left will be an aging population.

Since the people who wanted government ran healthcare were the same ones that wanted UHC, they knew exactly what opening up tax payer funds to keep people alive was going to do. They knew that the amount of people on the front end would eventually decline and they still used the people on the front end to justify what they were doing on the back end.

The population is aging and it's growing at a slower rate, so to account for the last factor they tied it to taxes so they can always tax what they need to keep the fun solvent.

If you have a fund to save people's lives that they can vote on it doesn't take a genius to figure out they'll tax themselves to death to save one last breath.
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Old 05-26-2011, 12:24 PM
 
Location: Tampa Florida
22,229 posts, read 17,891,584 times
Reputation: 4585
Quote:
Originally Posted by pghquest View Post
Start your own company and profit "$0"
AKA be part of the new age "Underground Economy".
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Old 05-26-2011, 12:27 PM
 
Location: Prepperland
19,031 posts, read 14,261,865 times
Reputation: 16767
FYI - Congress is under no obligation to pay entitlements. They are entirely at the discretion of Congress. The participant has NO PROPERTY RIGHT to those "entitlements". And just because one "paid in" for all their working life, is immaterial.

If you can't do math, here's a hint:
When SocSec began, there were 15 workers supporting each recipient.
Now?
2 workers for each recipient.
And soon, even less.
If you still wish to volunteer into such a system - well - that's your choice.
But there is no law compelling participation, nor punishing those who do not participate.
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Old 05-26-2011, 12:32 PM
 
19,226 posts, read 15,351,071 times
Reputation: 2337
Quote:
Originally Posted by florida.bob View Post
AKA be part of the new age "Underground Economy".
Wells are underground.

I'm going to be a well driller!

I want wellness.
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Old 05-26-2011, 12:33 PM
 
48,502 posts, read 97,009,245 times
Reputation: 18305
The supreme court already ruled on that really. The ruled hat certtain workers like other governamnt employees cannot be force into the SS system. Kind of reminds one of the new heathcare exemptions doen't it.
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Old 05-26-2011, 12:36 PM
 
8,650 posts, read 9,167,083 times
Reputation: 6004
Quote:
Originally Posted by 0marvin0 View Post
And if 51% withdraw consent from FICA / Social Security, the system would implode, since the recipients would far outnumber the remaining donors.

If you withdraw wouldn't that exclude you from receiving any benefits?
Do not forget the 4 trillion SS dollars the Fed has taken from SS and owes. $4,000,000,000,000.00
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Old 05-26-2011, 12:38 PM
 
9,727 posts, read 9,749,727 times
Reputation: 6407
Quote:
Originally Posted by 0marvin0 View Post
And if 51% withdraw consent from FICA / Social Security, the system would implode, since the recipients would far outnumber the remaining donors.

If you withdraw wouldn't that exclude you from receiving any benefits?

You should be entitled to benefits based on your contributions at the time you withdrawl. If not, I want a refund of all contributions plus interest to be rolled into a 401K tax-free.
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Old 05-26-2011, 12:39 PM
 
19,226 posts, read 15,351,071 times
Reputation: 2337
Quote:
Originally Posted by jmking View Post
Do not forget the 4 trillion SS dollars the Fed has taken from SS and owes. $4,000,000,000,000.00
It was for a good cause.

It maintained the viability of corporate personhood.
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Old 05-26-2011, 12:40 PM
 
69,368 posts, read 64,232,612 times
Reputation: 9383
Quote:
Originally Posted by florida.bob View Post
AKA be part of the new age "Underground Economy".
Ahh nope... You simply need to write off more than you earn.. Underground would mean you dont claim anything.. I claim EVERYTHING.
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