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post #1 of 24 (permalink) Old 05-13-2009, 09:24 AM Thread Starter
Lifer
 
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SSI running out sooner than planned

http://finance.yahoo.com/news/Social...-15219531.html

What will Uncle Barry do to fix this.

This goes without saying but social securtiy is being spent on way more stuff than it was intended to. The biggest one being immigrants and anchor babies. One thing that I feel needs to be done away with is people who get SSI that have kids with dasabilities. They get money for ADD, ADHD, Mental retardation, autism, etc...
I feel that if you want to have a kid that you should be prepared to face the consequences that will happen if something is not normal with your child.

/rant off
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post #2 of 24 (permalink) Old 05-13-2009, 09:35 AM
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Fuck it....... just print more money
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post #3 of 24 (permalink) Old 05-13-2009, 09:56 AM
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Fuck it....... just print more money
thats what am sayin... dont see the complication

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post #4 of 24 (permalink) Old 05-13-2009, 10:05 AM
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All it needs is some stimulus
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post #5 of 24 (permalink) Old 05-13-2009, 10:22 AM
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What happens to one's social security if not used and they pass on?

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post #6 of 24 (permalink) Old 05-13-2009, 10:30 AM
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This has been a long time coming like a freight train through a tunnel. Ditch the immigrant care and raise tobacco taxes even higher. It could probably be milked a few more decades.
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post #7 of 24 (permalink) Old 05-13-2009, 10:31 AM
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Originally Posted by bjtheman1 View Post
What happens to one's social security if not used and they pass on?
It goes to someone else's anchor baby
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post #8 of 24 (permalink) Old 05-13-2009, 10:52 AM
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What happens to one's social security if not used and they pass on?
They send it back to the family!

No, of course they use it to provide entitlements to someone else. Using a dead guy's money to pay for votes, how sick is that?
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post #9 of 24 (permalink) Old 05-13-2009, 10:53 AM
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...........Mental retardation, autism, etc...
I feel that if you want to have a kid that you should be prepared to face the consequences that will happen if something is not normal with your child.

/rant off
Karma called she is expecting you to call her back.

I was with you up until that last statement. If I am a Natural born American Citizen and have paid my taxes and SS all my life and God forbid that my wife gives birth to a child as described above. I do not think that I will be able to quit my job and sit on the couch watching Jerry Springer off of what the .gov is going to help out my family with.

Now the anchor babies and the drains on society that CAN help it by either getting a job or going back to where they came from is a different story.
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post #10 of 24 (permalink) Old 05-13-2009, 10:57 AM
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What happens to one's social security if not used and they pass on?
SS is a scam, a pyramid scheme. If when I die, the money that is taxed from me and employer were invested, the money would go to my heirs. SS money disappears when someone dies.
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post #11 of 24 (permalink) Old 05-13-2009, 11:13 AM
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Stop paying for Illegal’s and send them back
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post #12 of 24 (permalink) Old 05-13-2009, 11:27 AM
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I see more tax increases!

Cut welfare (set a max period people can be on it, and during their stay on my wallet, they learn a trade/degree and job placement help), cut entitlement spending, reduce government by 85%, privatize social security and set term limits.

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #13 of 24 (permalink) Old 05-13-2009, 11:28 AM
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SSI is a ponzi scheme. With the declining birth rate of the past few years (ie: fewer taxpayers), people living longer, and immigrants sucking money out of it SSI is probably doomed without major changes to keep it afloat.

However, I did read recently that the US birth rate is up recently, so maybe an influx of new taxpayers that will enter the workforce just about the time i'll be ready to retire will be helpful. But undoubtedly obama will have to raise taxes and cut benefits to keep SSI going.

In fact, the raising taxes part has already happened; it used to be that your pay up to a certain amount was subject to FICA withholding and after that the FICA kicked out. Now you pay FICA on income up to 106,800. In fact, here has been the progression:

2005 - limit was 90.000
2006 - limit was 94,200
2007 - limit was 97,500
2008 - limit was 102,000
2009 - limit is 106,800

It wasn't that long ago that the limit was down in the $50,000 range. I remember getting a "raise" when FICA kicked out.

IMO they have just about picked all of the low hanging fruit so I look for either a benefit reduction or a rate increase (from 7.65%) to happen soon. Or both.
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post #14 of 24 (permalink) Old 05-13-2009, 11:33 AM
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Quote:
Originally Posted by Sean88gt View Post
I see more tax increases!

Cut welfare (set a max period people can be on it, and during their stay on my wallet, they learn a trade/degree and job placement help), cut entitlement spending, reduce government by 85%, privatize social security and set term limits.
x2
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post #15 of 24 (permalink) Old 05-13-2009, 11:36 AM
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So when mass deaths happen, like 9/11, the government in return gets paid.
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post #16 of 24 (permalink) Old 05-13-2009, 11:42 AM
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Originally Posted by mikeb View Post
IMO they have just about picked all of the low hanging fruit so I look for either a benefit reduction or a rate increase (from 7.65%) to happen soon. Or both.
A rate increase is more likely. Congree doesn't have the courage to face down agitated oldsters or entitled illegals.
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post #17 of 24 (permalink) Old 05-13-2009, 11:48 AM
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Quote:
Originally Posted by Venom View Post
http://finance.yahoo.com/news/Social...-15219531.html

One thing that I feel needs to be done away with is people who get SSI that have kids with dasabilities. They get money for ADD, ADHD, Mental retardation, autism, etc...
I feel that if you want to have a kid that you should be prepared to face the consequences that will happen if something is not normal with your child.

/rant off
Eff u!

My aunt was diagnosed with MS at the age of 31. She's had it for 10 years now and she is now unable to move (very little) or speak. My grandparents who are both 71 have been taking care of her for the past 7 years without the help of her husband (who bailed and took their 2 kids with them). If it wasn't for government assitance (SSI) they get, my grandparents would be in a world of hurting. Her medical and therapy bills are out the roof.
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post #18 of 24 (permalink) Old 05-13-2009, 12:15 PM Thread Starter
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Originally Posted by sonic93 View Post
Karma called she is expecting you to call her back.

I was with you up until that last statement. If I am a Natural born American Citizen and have paid my taxes and SS all my life and God forbid that my wife gives birth to a child as described above. I do not think that I will be able to quit my job and sit on the couch watching Jerry Springer off of what the .gov is going to help out my family with.

Now the anchor babies and the drains on society that CAN help it by either getting a job or going back to where they came from is a different story.
I work with these types of kids every day and I see parents use them as a paycheck. Most people use it as a crutch not to be a parent. Whats wrong with working what god gave you? Thats whats wrong with society. Everyone looking for help and a handout.
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post #19 of 24 (permalink) Old 05-13-2009, 12:22 PM Thread Starter
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Originally Posted by A_A_G View Post
Eff u!

My aunt was diagnosed with MS at the age of 31. She's had it for 10 years now and she is now unable to move (very little) or speak. My grandparents who are both 71 have been taking care of her for the past 7 years without the help of her husband (who bailed and took their 2 kids with them). If it wasn't for government assitance (SSI) they get, my grandparents would be in a world of hurting. Her medical and therapy bills are out the roof.
I can sympathize with your aunts situation. What would have happened before there was SSI? I can tell you what would have happened. Her family and friends would have stepped up and taken care of her just like they have. I know it pisses alot of people off but I will never ask for any type of "free" government assistance. I am not banking on SSI for my retirement because I have my own nest egg but its just sad to see it being drained ad misused like this.
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post #20 of 24 (permalink) Old 05-13-2009, 12:37 PM
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I work with these types of kids every day and I see parents use them as a paycheck. Most people use it as a crutch not to be a parent. Whats wrong with working what god gave you? Thats whats wrong with society. Everyone looking for help and a handout.
handout my ass, I guess you missed the part where I said "If I am a Natural born American Citizen and have paid my taxes and SS all my life ". Tell me where the hand out is in that.

I have been working and paying taxes since I was 15yrs old, now sure my income may not have been high enough to actually "pay in" for the first couple of years but I have always had a job. 18 years later I am still working now making a six figure income and guess what, still paying my motha fucking taxes.

If a parent uses their kid of special needs as a crutch well shame on them and you guessed Karma will be knocking on their door one day.

To hit your statement "working with what God gave you" than we should not be paying taxes/SSI in the first place.
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post #21 of 24 (permalink) Old 05-13-2009, 12:49 PM Thread Starter
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handout my ass, I guess you missed the part where I said "If I am a Natural born American Citizen and have paid my taxes and SS all my life ". Tell me where the hand out is in that.

I have been working and paying taxes since I was 15yrs old, now sure my income may not have been high enough to actually "pay in" for the first couple of years but I have always had a job. 18 years later I am still working now making a six figure income and guess what, still paying my motha fucking taxes.

If a parent uses their kid of special needs as a crutch well shame on them and you guessed Karma will be knocking on their door one day.

To hit your statement "working with what God gave you" than we should not be paying taxes/SSI in the first place.
I completly agree with you that if people would be responsibleand have a retirement plan of their own SSI wouldnt be needed.
unerstand that yu have pad into the system since you have working but if you happen to have a child with special needs and you get money for the child who paid into it for that child? You ould be collecting on a child and whn you turn 65 then yo would want your entitlement too. See the logic? Way to many people are collecting that didn't pay in.
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post #22 of 24 (permalink) Old 05-13-2009, 12:56 PM
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I'll make the government a deal, they can keep everything I have paid into the SS system thus far and I get to stop paying.

What a fucking scam that shit is. The sooner the system goes belly up, the better.
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post #23 of 24 (permalink) Old 05-13-2009, 01:15 PM
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Originally Posted by AL P View Post
I'll make the government a deal, they can keep everything I have paid into the SS system thus far and I get to stop paying.

What a fucking scam that shit is. The sooner the system goes belly up, the better.
Belly up?

We will hear, "but it's TOO BIG TO FAIL" and get to pay for it all over again.
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post #24 of 24 (permalink) Old 05-13-2009, 01:24 PM
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If they would have left the Social Sercurity fund alone and continued to use it for its original purpose, along with eligibility adjustments with regards to life expextancy, we would not be in this mess period. It is simple mathmetics that even a 2nd grader can understand. If you pay out more than you are taking in, sooner or later you are going to run out, whether its apples or dollars.
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