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Old 11-18-2012, 01:26 PM
 
Location: S.E. US
13,163 posts, read 1,694,182 times
Reputation: 5132

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Quote:
Originally Posted by Think4Yourself View Post
I'm not seeing anything on any creditable news sites yet. It seems to be a wild claim made only on right wing blogs so I think it is safe to say this is not creditable.
Anything the left thinks is "out of the box" is a wild claim from the right.

Quote:
Originally Posted by Huckleberry3911948 View Post
we already have that system no?, social security.? but this would be different?
It may all be part of a combined program. If government sees tax deferred retirement accounts as savings (which it does), then they can easily use them along with a person's fixed assets in means testing. They will set the criteria. There's a part in Obamacare that provides for government to have full and complete access to all our financial accounts, which could easily (by regulation)be written to include our retirement funds. In that way, those funds will no longer be there as a cushion for emergencies, but become part of our subsistence, and gov't can even stipulate that we get automatic distribution of a given amount at whatever interval it decides. That amount might be determined by what $$ they want to cut back our social security checks. And it will be deposited into our account automatically via electronic tansfer, and we will, of course, pay taxes on it at the end of the year.

See this:

NSC Warns Means Testing Could Be Part of Congressional Deal
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Old 11-18-2012, 01:29 PM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by roysoldboy View Post
No Social Security is not stealing but Congress has been stealing from it for nearly 60 years. They just couldn't stand to see all that surplus lying around on an annual basis so they just spent what they called the SS "surplus" and all of a sudden there was no surplus.

What do you say to a worker who pays in for decades, dies before collecting, and has surviving adult children who get nothing?

"Here's $255 for your burial, and thank you for p(l)aying!"

If that's not stealing, what do you call it?
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Old 11-18-2012, 01:31 PM
 
Location: S.E. US
13,163 posts, read 1,694,182 times
Reputation: 5132
Quote:
Originally Posted by freemkt View Post
What do you say to a worker who pays in for decades, dies before collecting, and has surviving adult children who get nothing?

"Here's $255 for your burial, and thank you fort p(l)aying!"

If that's not stealing, what do you call it?
Whatever one calls it (and Obama will think of a "good" name for it), it's still stealing.
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Old 11-19-2012, 08:23 AM
 
179 posts, read 261,732 times
Reputation: 79
All the links are old back 2 years ago . Is it going to be true ?
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Old 11-19-2012, 02:57 PM
 
Location: S.E. US
13,163 posts, read 1,694,182 times
Reputation: 5132
Quote:
Originally Posted by Nancy2011 View Post
All the links are old back 2 years ago . Is it going to be true ?
ALL the links?? Link I posted in #161 is from Friday, 16 November 2012 12:39. Which links are you referring to?
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Old 11-19-2012, 03:41 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,442,508 times
Reputation: 6465
Quote:
Originally Posted by southward bound View Post
Whatever one calls it (and Obama will think of a "good" name for it), it's still stealing.

He can call it whatever name he comes up with! for most people who have paid into the system for years and years and years, this is stealing.

And this is wrong.
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Old 11-22-2012, 06:52 PM
 
Location: Chandler, AZ
5,800 posts, read 6,567,236 times
Reputation: 3151
Penalizing ANYBODY who saves money makes no sense whatsoever; punishing intelligent financial planning is downright stupid.

Another socialist/Marxist-inspired idea from someone who's too clueless from an economics standpoint to see that it won't work.
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Old 11-22-2012, 06:54 PM
 
Location: Pa
20,300 posts, read 22,219,329 times
Reputation: 6553
Quote:
Originally Posted by freemkt View Post
What do you say to a worker who pays in for decades, dies before collecting, and has surviving adult children who get nothing?

"Here's $255 for your burial, and thank you for p(l)aying!"

If that's not stealing, what do you call it?
I would say that is a good argument to privatize SS.
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Old 11-22-2012, 07:13 PM
 
48,502 posts, read 96,848,488 times
Reputation: 18304
Another Obama idea that came and has gone by the wayside.
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Old 11-22-2012, 07:38 PM
 
29,939 posts, read 39,461,121 times
Reputation: 4799
Holy crapola. Attack Obama for his lies and demagoguery but don't attack him for ma up fantasies that proved on page one to be false.

Don't be interested in making up fake lies, Obama has plenty of his own straw men that he doesn't need conservatives adding to them.
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