Originally Posted by Kenny Powers:
Originally Posted by seeweed:
Originally Posted by Kenny Powers:
Originally Posted by seeweed:
That's their line, but "privatizing" SS is in their eyes turning it over to Wall Street, so Wall Street can gamble with it. There is no law that I know of anywhere that prevents a person from buying stock and gambling on their own, leave SS the hell alone. You can invest your own money any way you see fit, SS is a trust fund, not a gambling purse.
Also, one thing about turning SS over to Wall Street that I am quite sure is not lost on Ryan and the likes, a huge amt of the debt this country is in is owed to SS from the rape and pillage down thru the years. That debt could be partially eliminated (given to the billionaires) if SS is eliminated.
Good god, SW. The money that goes into SS is MY MONEY!
I had nearly $5k come out of my paycheck last month for SS taxes. I am in my early 40's and am having my paycheck pillaged to go into a ponzi scheme that yields 2%!
why are you so against young Americans being free to put their retirement money into their own private account?
In truth you would be far less agitated in your life if you considered your pay to be , well your pay ; the check you bring home. Reading the deductions and getting bent out of shape over where they go , or what they are used for, is a sure way to bring unhappiness upon your self.
With that in mind, you are welcome to invest any of all of that in any retirement fund you see fit. Don't whine that "if 'they' didn't take your money for SS and Medicare, how much better you could do with it ". Unless you make over $110k, that money is not yours, don't worry about it.
If the US becomes the first country ever to vote itself into a 3rd world country, you will either be glad for that SS someday, or you will be wishing it was still there.
So I am supposed to sit back and take it because the govt is screwing me out of my money each month?
If we become a "third world country" I will feel much safer having MY money in MY own account that I can access as opposed to it being in a govt account that I cannot access.
we also make well over $110k. I am not bragging but making well over $110k in Chicago does not make me rich.
If you believe inSS that is fine, but do not act like you or the govt knows what is best for me. I am pro choice/pro gay marriage. However, I always get a kick out of dems like you that say govt should stay out of people's private lives but you somehow thing it is perfectly ok for govt to raid our wallets.
we should honor our commitment to oldr workers who have contributed to SS. However, we should switch to private accounts for younger workers that are funded with mandatory paycheck deductions.
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The other option is to bi*ch on the forum, get bent out of shape, takek blood pressure meds, and still you will have to pay the ducks. I'm just suggesting something that will make you happier in the long run.
A friend of mine, back in the early 70s left a job here to take one in Spain (his wife was from there). He told me that in Spain, the pay you are quoted is the pay you take home. They take out taxes etc, but don't quote you one sum, and then your paycheck looks different. I don't know if that was, or still is true, but it occurred to me that although I had some control over how much taxes came out, in the long run, I was better off at the end of the year to not get any refund, nor have to pay extra. (that became difficult to calculate after Bush1 screwed up the withholding tables.).
You are going to pay taxes, that is a fact and the price you pay for living in a civilized society. Somebody's got to pay for your roads, police, education for your kids, the local library, fire protection, military protection, and the like. If you don't want to be part of society, go to the horn of Africa and live like a heathern. You are also going to die - wanna complain about that as well ?