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kallend

More foot in mouth for Gov. Etch a Sketch

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>No, I paid for those through payroll deductions.

Ah, so you feel you are entitled to those services.



Feeling has nothing to do with this example. Social Security is a return on investment based on a contractual agreement with the U.S. Government.

I see you chose not to respond to my reply to you .in post #97.
http://www.dropzone.com/cgi-bin/forum/gforum.cgi?post=4376127#4376127
Look for the shiny things of God revealed by the Holy Spirit. They only last for an instant but it is a Holy Instant. Let your soul absorb them.

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>Sorry you feel that way

On the plus side, that means that 53% of the country has tires that are just fine. I'm a tire-half-full kind of guy.



So you think 47% of people in the US are worthless cretins and then go to half full tires

You OK?
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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The 47% piglets will continue to suckle the government sow, no matter what.

Have you renounced that social security and medicare yet, Ron?

Don


No, I paid for those through payroll deductions.


Your buddy rushmc doesn't care.

Blues,
Dave


:D

I know you think yourself to be a mind reader

But I had no idea you graduated from Twister U
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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>Social Security is a return on investment based on a contractual
>agreement with the U.S. Government.

An excellent argument why you feel you are entitled to your favorite government entitlement programs. Other people have similar arguments; welcome to the club.

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>No, I paid for those through payroll deductions.

Ah, so you feel you are entitled to those services.



Feeling has nothing to do with this example. Social Security is a return on investment based on a contractual agreement with the U.S. Government.

I see you chose not to respond to my reply to you .in post #97.
http://www.dropzone.com/cgi-bin/forum/gforum.cgi?post=4376127#4376127



In other words, when the government program that you participate in pays you MUCH MORE money than you put into it, that is fine by you, even though you profess hatred for "socialism". The reality is that you are a "socialist". You participate in the most socialist government program that is in effect.

You are quite happy to be a practicing socialist, as long as YOU personally benefit. The word is hipocrisy. Look it up.

Conservative philosophy, over the past 100 years, has opposed many things that have evolved to be normal centrist positions. For example, child labor laws were implemented, then found to be unconstitutional, based on conservative philosophy. Another example is the severe opposition to Social Security, when it was signed into law. It was vilified as a socialist program that would lead to citizens being dependent on the government. These are documented historical FACTS, not opinions. You can look them up in your history books.

Ron, when you start slinging mud by calling people "socialists" as a perjorative, don't forget to be looking in a mirror when you do it.

By the way, how do you feel about Romney/Ryan's plans to reduce SS benefits?

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>Overall he [Ramussen] has been very accurate...

. . . and now has Obama in the lead. The pollster with the most consistent right wing bias of all polling organizations is now putting Obama at 47% (ironically enough) and Romney at 45%.

===============
Daily Presidential Tracking Poll
Politics

Thursday, September 20, 2012

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows President Obama attracting support from 47% of voters nationwide, while Mitt Romney earns 45% of the vote. Three percent (3%) prefer some other candidate, and four percent (4%) are undecided. See daily tracking history.

When “leaners” are included, it’s Obama 50% and Romney 47%. Leaners are those who are initially uncommitted to the two leading candidates but lean towards one of them when asked a follow-up question.
===============


Guess it's time for a new pollster.

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By the way, how do you feel about Romney/Ryan's plans to reduce SS benefits?



I am not at all concerned. My Father owns all the gold and all the silver and the cattle of a thousand hills. He will supply all my needs according to His riches in glory in Christ Jesus.

Romney/Ryan know how to fix the economy. More and more people are realizing that fact. They will win in November. Most of the Americans are not on welfare and they will elect them
Look for the shiny things of God revealed by the Holy Spirit. They only last for an instant but it is a Holy Instant. Let your soul absorb them.

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In other words, when the government program that you participate in pays you MUCH MORE money than you put into it, that is fine by you, even though you profess hatred for "socialism". The reality is that you are a "socialist". You participate in the most socialist government program that is in effect.



But it doesn't. You could match the same benefit by saving 3% of your salary over your working life, rather than the 12.4% (currently 10.45) collected for SS. (Which really puts that privates account debate into perspective)

Medicare, otoh, is for most people a great payoff...since unlike with SS, everyone gets the same benefit regardless of how much they were taxed. It also has a resulting perceived debt of tens of trillions as a result.

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Social Security is a return on investment based on a contractual agreement with the U.S. Government.



A Ponzi scheme is a scam, not an investment.
The money is gone, not invested.
"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

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>No, I paid for those through payroll deductions.

Ah, so you feel you are entitled to those services.



Feeling has nothing to do with this example. Social Security is a return on investment based on a contractual agreement with the U.S. Government.

I see you chose not to respond to my reply to you .in post #97.
http://www.dropzone.com/cgi-bin/forum/gforum.cgi?post=4376127#4376127



In other words, when the government program that you participate in pays you MUCH MORE money than you put into it



Hardly. With a decent paying job you do MUCH worse than without it.

When I looked into it back in 2005 I noticed the retirement age isn't increased, the FICA tax rate stays the same, the wage cap only increases with inflation, and Social Security benefits increase with inflation I'd need to outlast my statistically expected lifespan by five years to get a 0% inflation adjusted return on my investments. If I took my current investment out at the time, made the same contributions in the future, and got a 3% inflation adjusted rate of return in 2005 dollars I'd be netting

$134K a year for the same 15 years: over 4X my social security benefit
$72K a year until I die at 100: over 2X my social security benefit
$44K a year forever: nearly 30% more than my social security benefit with $1.5M going to my heirs

As it stood the numbers were $32K a year with a big fat zero going to my heirs.

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