Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-11-2012, 10:15 AM
 
9,848 posts, read 8,286,793 times
Reputation: 3296

Advertisements

The government the last few decades has been stealing all the contributions from SS into the general fund.
MAYBE if SS is privatized we can stop the theft of SS contributions by our government.
What do you folks think of that?

I wouldn't mind if SS was where it is now IF THE GOVERNMENT DIDN'T MAKE A THEFT OF IT.
Reply With Quote Quick reply to this message

 
Old 08-11-2012, 10:17 AM
 
Location: New Mexico
8,396 posts, read 9,446,996 times
Reputation: 4070
If Bush had his way back in 2005, there'd be no social security today. It would have disappeared into the Wall St ledgers in September of 2008.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:23 AM
 
31,387 posts, read 37,070,009 times
Reputation: 15038
Quote:
Originally Posted by RCCCB View Post
I wouldn't mind if SS was where it is now IF THE GOVERNMENT DIDN'T MAKE A THEFT OF IT.
Well I feel you pain, but I've got a question.

The government can replace what it steals, so are you really sure that you would rather turn Social Security over to Citigroup, Barclay's, Goldman Sachs et.al.,?

What is with folks, they can recite history from 1787 but can't remember 2007!
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:24 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,290,033 times
Reputation: 4269
Quote:
Originally Posted by skoro View Post
If Bush had his way back in 2005, there'd be no social security today. It would have disappeared into the Wall St ledgers in September of 2008.
Do any of you people of the left lean remember how much of each social security payment was to go to the private payment according to Bush? I am sure you don't really since you know what Dirty Harry and his minions said back then. The number was 4% although the Dems tried, with some success, to tell it just as you have just said.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:24 AM
 
Location: NJ
18,665 posts, read 19,979,518 times
Reputation: 7315
By law, all SS taxes go into the general fund, allowing 537 thieves to usurp them as they wish.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:27 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,290,033 times
Reputation: 4269
Quote:
Originally Posted by bobtn View Post
By law, all SS taxes go into the general fund, allowing 537 thieves to usurp them as they wish.
Not by the original SS law, however. There was to have been a SS Fund which payments to retirees were to come from but the Congress just couldn't raise taxes to keep up so they just started using SS funds (the surplus) as income tax money. I hope all the leaners here remember what party controlled Congress when they started doing that. I bet FDR has worn the sides of his coffin out rolling over from what his party did to his plan.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:29 AM
 
Location: NJ
18,665 posts, read 19,979,518 times
Reputation: 7315
Quote:
Originally Posted by roysoldboy View Post
I bet FDR has worn the sides of his coffin out rolling over from what his party did to his plan.
He should have. Odd you brought FDR up, because an analogy came up this month. By Obama telling welfare folks work is not required, he did to Clinton what Dems in Congress did to FDR. Slapped each in the face.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:30 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,290,033 times
Reputation: 4269
Quote:
Originally Posted by ovcatto View Post
Well I feel you pain, but I've got a question.

The government can replace what it steals, so are you really sure that you would rather turn Social Security over to Citigroup, Barclay's, Goldman Sachs et.al.,?

What is with folks, they can recite history from 1787 but can't remember 2007!
My son who was 25, at the time, Bush made his try was so happy to find that even just a small amount (4%) of his FICA taxes would remain in his control that he was beside himself when Reid and his group kept it from happening. He really believed that designating that money to his 401k each month would help in the long run.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 10:33 AM
 
Location: Southcentral Kansas
44,882 posts, read 33,290,033 times
Reputation: 4269
Quote:
Originally Posted by RCCCB View Post
The government the last few decades has been stealing all the contributions from SS into the general fund.
MAYBE if SS is privatized we can stop the theft of SS contributions by our government.
What do you folks think of that?

I wouldn't mind if SS was where it is now IF THE GOVERNMENT DIDN'T MAKE A THEFT OF IT.
Did you notice how ovcatto failed to read your last sentence? I have a feeling that most leaners manage to read others' posts just that way. The Congress has only stolen somewhere between $3 trillion and $4 trillion and we all know that they can't ever give any of that back when they are spending $1 trillion more each year than they take in. Yep, they screwed us royally.
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 11:35 AM
 
Location: Raleigh, NC
20,054 posts, read 18,293,964 times
Reputation: 3826
Quote:
Originally Posted by ovcatto View Post
Well I feel you pain, but I've got a question.

The government can replace what it steals, so are you really sure that you would rather turn Social Security over to Citigroup, Barclay's, Goldman Sachs et.al.,?

What is with folks, they can recite history from 1787 but can't remember 2007!
Obama already turned over food stamps to JP Morgan. Why not?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies

All times are GMT -6. The time now is 02:25 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top