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Old 07-24-2012, 01:56 AM
 
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I don't think it's SS to blame for this though, but it just seems to be the by-product of capitalism and individualism.

or human nature itself.
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Old 07-24-2012, 02:19 AM
 
Location: Lost in Texas
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Quote:
Originally Posted by Kenneth-Kaunda View Post
I don't think it's SS to blame for this though, but it just seems to be the by-product of capitalism and individualism.

or human nature itself.
You're joking right?
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Old 07-24-2012, 02:31 AM
 
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It depends on how you look at it.

Today, it's all about money, success and material gain.

Social Security is meant to help those out in dire need, a kind of safety net.

But now, it seems that many want to do away with this net - so how does that help the family?
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Old 07-24-2012, 02:35 AM
 
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People want to do away with it because it's broken. That doesn't mean that those who need a safety net should be left to live on the streets.
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Old 07-24-2012, 02:39 AM
 
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How do you think the SS system can be improved?

What is wrong with it?
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Old 07-24-2012, 02:51 AM
 
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Yes.
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Old 07-24-2012, 04:16 AM
 
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Social Security is a bit like the health-care issue: Republicans claim it's broken, but they never have an idea about how to fix it. During George W. Bush's administration, the health-care crisis grew out of all proportion but in 8 years he never had an idea of how to improve matters. He and the Congress personally had EXCELLENT health-care coverage for themselves and their families of course, so - to quote the Brits - "I'm alright, Jack...!" Aren't the President and the Congress elected to look out for other people's benefit, particularly people who do not have the means to pay for lobbyists?

What is it the teacher always says? Constructive criticism only please!
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Old 07-24-2012, 04:21 AM
 
16,433 posts, read 22,154,382 times
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Quote:
Originally Posted by Kenneth-Kaunda View Post
How do you think the SS system can be improved?

What is wrong with it?
Raise the retirement age, raise the income maximum ammount for taxation, crack down ruthlessly on Social Security fraud, especially SSDI fraud. Stop congress from stealing from it. There, fixed.
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Old 07-24-2012, 05:25 AM
 
Location: Prepperland
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In Helvering v. Davis and Flemming v. Nestor, the U.S. Supreme Court ruled that Social Security taxes are simply taxes and convey no property or contractual rights to Social Security benefits. And that benefits are entirely at the discretion of Congress.
There is no “Trust Fund”. There is no “right” to benefits. You didn’t “pay into” Social Security. You volunteered to pay a tax and you surrendered your endowment from your Creator, in exchange for charity from the public treasury. You no longer absolutely own - yourself, your labor or that which you acquired.
Since 1935, the U.S.A. has been a socialist nation, under the fraud of “voluntary” participation that was portrayed as mandatory.
Oh, and enumerated participants are collateral on the public debt.
CONTRIBUTION - ... The share of a loss payable by an insurer when contracts with
two or more insurers cover the same loss... The sharing of loss or payment among
several...
--- Black's Law Dictionary, Sixth Ed., p. 328
In short, YES, America would be far better off without the fraud of the "Tax and Bribe" scam of Social Security / Federal Insurance CONTRIBUTION Act. There would not be a self-interest bloc that opposes any reform or reduction in "entitlements". Recipients wouldn't outvote donors. And politicians wouldn't be rewarded for sending America "over the cliff" into collapse.

P.S. -
No dollars have circulated since 1933. Dollar bills (Federal Reserve notes) are repudiated debt instruments, and have no par value.
Legal Tender Status
" Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves..."
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Old 07-24-2012, 05:32 AM
 
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Originally Posted by Kenneth-Kaunda View Post
Not sure exactly what you are saying here?

but in Germany there is a progressive tax from 0 - 45% - this is presumably as well as VAT.

so, I can't really see how income tax can be avoided.
We don't have the cradle to grave welfare state in the US that they have to pay for in Germany.
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