[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

“The government wants to make sure that that does not come out. A huge part of our political system is predicated on blackmail,”

You Know What Happens Next

Cash Jordan: Half-Built Tower Abandoned… as ICE Deports Entire ‘Migrant Workforce’

Heavy rainfall causes flash flooding Tuesday night, some cars stuck in high water on Chicago's West

Biden Doctor PLEADS THE FIFTH, Refuses To Testify To Congress, Biden Pardons ARE VOID

Joe Rogan says FBI director Kash Patel played him for a fool and maga for fools with the Jeff Epstein files

Elon's AI System "Grok" Went Rogue And Has Been SHUT DOWN in an Emergency!

Earthquake Swarms at One of the MOST DANGEROUS Volcanoes in the USA

Ben Shapiro Declares Epstein Case CLOSED: ‘Facts on the Ground Have Changed’

Iran receives 40 Chinese J10-C Fighter Jets

China’s Railgun Is Now Battle-Ready, Thanks to Nuclear Power

Chinese Hypersonic Advancements! Deadly new missile could decimate entire US fleet in 20 minutes

Iran Confirms Massive Chinese HQ 9 B Missile Deal

Why Is Europe Hitting 114°F And Still Rising?

The INCREDIBLE Impacts of Methylene Blue

The LARGEST Eruptions since the Merapi Disaster in 2010 at Lewotobi Laki Laki in Indonesia

Feds ARREST 11 Leftists For AMBUSH On ICE, 2 Cops Shot, Organized Terror Cell Targeted ICE In Texas

What is quantum computing?

12 Important Questions We Should Be Asking About The Cover Up The Truth About Jeffrey Epstein

TSA quietly scraps security check that every passenger dreads

Iran Receives Emergency Airlift of Chinese Air Defence Systems as Israel Considers New Attacks

Russia reportedly used its new, inexpensive Chernika kamikaze drone in the Ukraine

Iran's President Says the US Pledged Israel Wouldn't Attack During Previous Nuclear Negotiations

Will Japan's Rice Price Shock Lead To Government Collapse And Spark A Global Bond Crisis

Beware The 'Omniwar': Catherine Austin Fitts Fears 'Weaponization Of Everything'

Roger Stone: AG Pam Bondi Must Answer For 14 Terabytes Claim Of Child Torture Videos!

'Hit Us, Please' - America's Left Issues A 'Broken Arrow' Signal To Europe

Cash Jordan Trump Deports ‘Thousands of Migrants’ to Africa… on Purpose

Gunman Ambushes Border Patrol Agents In Texas Amid Anti-ICE Rhetoric From Democrats

Texas Flood


Miscellaneous
See other Miscellaneous Articles

Title: SS an "Entitlement"???
Source: ndcorup
URL Source: http://ndcorup:-)
Published: Jul 29, 2011
Author: ndcorup
Post Date: 2011-07-29 17:38:43 by ndcorup
Keywords: None
Views: 269
Comments: 16

My Wife is in an on-line discussion on a "social network" and it turns out that Many folks don't/didn't know that SS is entirely paid for (unless you're Really Old, or a Leach on Society) by The EMPLOYEE and the EMPLOYER.

You Paid for it. The Government acts as if it's a Gift from them. They are the leaches on it, along with most SSI and Many Disability claimants (fakes). Don't get in an uproar over that comment. That's where the bulk of the fraud is.

Obama and almost all other Pols are casting it in the "Entitlement Pool".

If you and your employer's payments into SS were accumulated at simple interest over your working life, there is a Bundle of money involved. I've seen calculations on the amount for typical taxpayers, but don't have it available right now.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 10.

#1. To: ndcorup (#0)

Yep - it's Ponzi all the way.

Back in the day, it was 19 or 20 payers to one geezer.

Now, it's 3 to 1, soon to be 2 to 1, and so on.

It began as Old Age Assistance, not Old Age Retirement.

We are so stupid!

Lod  posted on  2011-07-29   17:44:50 ET  Reply   Untrace   Trace   Private Reply  


#8. To: Lod, Jethro Tull, christine, Dakmar, 4um (#1)

We are so stupid!

Here's what I think is going on with this debt ceiling bullshit:

I think it was Clinton's jew-crew that started dipping into the SS trust fund to "balance the budget." Of course, it didn't balance the budget, it just allowed off-the-books borrowing that didn't show up on the national debt. Once they got in that habit, they couldn't stop until the fund was depleted with nothing left in it but IOUs. That was all good & fine because there was plenty of money coming in every month to issue the SS checks, with some left over to loot and replace with more IOUs.

Had they left their grubby hook-nose hands off the trust fund, SS would've been OK until 2027 or so. Fast forward to today: With 23%+ unemployment on top of the first batch of baby boomers flooding into the system, they've finally hit the wall where there's not enough coming in per month to cover the monthly SS checks. Here's where the irresistable force (Bernank's printing press), meets an immovable object (Commandent One - Thou shalt not allow ANY benefit to the people).

It would be a simple matter to print up the money to make the SS payroll, but Commandment One is an absolute to the money/power junkies. They'd rather die than see the peons get some of their worthless fiat. As long as the money is going to Israel and the jewWars, no problemo, that doesn't benefit the citizens.

Ultimately, they'll just raise the debt ceiling and go right on printing & spending like nothing ever happened... Until next time. This whole show is nothing more than a schoolyard dick-wagging contest. Who loses? The US taxpayer. SSDD.

Esso  posted on  2011-07-29   18:46:10 ET  Reply   Untrace   Trace   Private Reply  


#9. To: Esso (#8)

Ultimately, they'll just raise the debt ceiling and go right on printing & spending like nothing ever happened... Until next time. This whole show is nothing more than a schoolyard dick-wagging contest. Who loses? The US taxpayer.

Agree.

How far down the road can you kick the can?

Lod  posted on  2011-07-29   19:32:55 ET  Reply   Untrace   Trace   Private Reply  


#10. To: Lod (#9)

How far down the road can you kick the can?

Until some Chinese dude kicks it back.

Esso  posted on  2011-07-29   19:38:19 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 10.

#11. To: Esso (#10)

Exactly.

Perfect, thanks.

Lod  posted on  2011-07-29 19:44:27 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 10.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]