No, Social Security is NOT a welfare program nor was it set up to be. It was forced on us, by law, under pain of arrest or worse, to provide a supplement for people's retirement.
Yes it sure is, it is welfare for rich retired people and those who can give up a bit to help the country. It is the basis for the welfare system we have. The medical part of it, medicare is also forced on us as it is the same concepts behind medicaid - both of them are horribly costly systems that costs us too much money.
All who paid in are entitled by the law to collect.
NOPE wrong there. The supreme court has said in their 1963 ruling just because we put into the system, we are not entitled to that money.
There was NEVER an income based requirement in it. There is not now.
There should be, if you are grossing more than say $50k in a business, the entitlement of that social security payment should be reduced. If you have a pension where you are collecting more than $50k, then that social security payment should be reduced. IF you can afford not to take the money at all, then you should be able not to collect.
As with welfare, Obama care etc, ALL of these federal programs use force to insure compliance.
Well again, it is the same as welfare.
None of us have any REAL choice unless we get rid of EVERY socialist in government at EVERY level.
Not get rid of socialist, get rid of those who compromise to earn political capital.
As of today, the republicans are caving in on the "negotiations" with the WH over the debt limit, they will come to some crappy agreement and prove again that the people are too stupid to understand what's going on to be angry. Again with all the hopes and dreams of beating Obama, he will run and rightfully point out that you can't trust the republican party because they can't even stand up and force an issue to be resolved BUT cave. He and the DNC can also point out that the leadership in the party is one who failed to back one candidate until it was too late.
Once you have collected your principle plus the imaginary interest, you keep collecting, and at that point, what you're collecting is OPM--OTHER PEOPLE'S MONEY, money other people had stolen from them by Uncle Sammy the Blade. iow, it's income redistribution, and that's how it was designed from the start.
Amonger, that would only be true if they put it into an account to gain the imaginary interest but from the time you apply for the money to the time you die, you are getting someone else's money and it is the biggest ponzie scheme ever devised - and we are angry at Madoff?
By the way, Ida collected from 1940 to 1975 (she lived to 100) and she collected $22,888.92 tax free dollars from her $24.75 "investment".
Yeah, like the SC court gets it right all that often. The SC said it is Constitutional too. When some one steals, confiscates, takes against my will and gives it to others that just makes them thieve. I don't care WHO it is, citizen or government.
They took it with the promise of return. SO, they are either thieves, liars or both.
Since when were you into the class warfare, envy stuff anyway?
"There should be, if you are grossing more than say $50k in a business, the entitlement of that social security payment should be reduced. If you have a pension where you are collecting more than $50k, then that social security payment should be reduced. IF you can afford not to take the money at all, then you should be able not to collect. "
Nope, not right. Just grossing 50K in a business does NOT mean you are making much. You should know that. Besides, the idea of changing a law, making it retroactive is just wrong.
How about this, get rid of it. Return every penny to every one. then they deal with retirement themselves. Imagine what I could have done with that money in my own funds had they not stolen it.
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