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so, anybody else get boned by Obama


dib

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I'm assuming you haven't made it to my second post.... ;)

 

I'm a baby boomer, but have always planned as if SS won't be solvent once I retire, making other plans for the future. But let me ask, since you pointed out that baby boomers will soon need this... Can I opt out??? I don't need it for my retirement, so can I quit paying if I agree not to collect???

 

Of course I can't.... but you also see, the boomers are the first generation that has paid into this ponzi scheme their entire life and OF COURSE, most of them expect to get something in return, and a few actually realize, they will never collect back, what they paid in....

But.... interesting you brought it up.... I'm gonna work, by choice, and because I love what I do, for at least another 15 years... Can I stop paying if I promise not to collect????

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but you also see, the boomers are the first generation that has paid into this ponzi scheme their entire life and OF COURSE, most of them expect to get something in return

 

SS started in 1937, a decade before even the oldest boomers were born and a good 25 or so years before the first boomer made his first SS payment. It was your parents who were the first people who paid into SS for their entire life.

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I'm a baby boomer, but have always planned as if SS won't be solvent once I retire, making other plans for the future. But let me ask, since you pointed out that baby boomers will soon need this... Can I opt out??? I don't need it for my retirement, so can I quit paying if I agree not to collect???

 

Of course I can't.... but you also see, the boomers are the first generation that has paid into this ponzi scheme their entire life and OF COURSE, most of them expect to get something in return, and a few actually realize, they will never collect back, what they paid in....

But.... interesting you brought it up.... I'm gonna work, by choice, and because I love what I do, for at least another 15 years... Can I stop paying if I promise not to collect????

 

I've paid in my entire life as I would assume nearly everyone alive in the U.S. has. I've paid the employee percentage and also the self employed percentage. In the slim years it was tough paying the 15. whatever % and equally as tough paying the 15 grand or so when the good years were around. That was before one iota of income tax. This schit isn't all that important to the tenured professors with fixed pensions, guaranteed and all, but I'm thinking that if I max out SS benefits when I become 70, what with everything else I might keep myself from stealing the pooches food.

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I did. It's not a big deal for me I made 150k last year, but for others at 50k that's a huge tax increase. Thank you Obama.

 

You seem ready to give Obama everything that you don't need. More power to you, he needs your kind of support, commrade.

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I'm a baby boomer, but have always planned as if SS won't be solvent once I retire, making other plans for the future. But let me ask, since you pointed out that baby boomers will soon need this... Can I opt out??? I don't need it for my retirement, so can I quit paying if I agree not to collect???

 

Of course I can't.... but you also see, the boomers are the first generation that has paid into this ponzi scheme their entire life and OF COURSE, most of them expect to get something in return, and a few actually realize, they will never collect back, what they paid in....

But.... interesting you brought it up.... I'm gonna work, by choice, and because I love what I do, for at least another 15 years... Can I stop paying if I promise not to collect????

I'm not sure why you're vitriol is aimed at me seeing as my second post was my idea for modifying it as I see it also as something that should be run differently.

 

I will point out that you PLAN to work for 15 more years. Disability or loss of job could affect that greatly. I am happy for you that you are so well off that you have no use for this program. However what happens if you outlive your savings? What happens if your significant other passes away after a lengthy battle with something that racks up medical bills? What happens if the money you thought would be enough, isn't? You will be very happy to fall back on SS.

 

The reality is though that many people aren't as financially well off as you are. Many in your generation will rely on it to survive. The choice without SS would be death or a serious burden on their children. Why are you so against something that will help people out? I get hating programs and spending that is wasteful but to me helping people live quality lives isn't wasteful spending.

 

You seem ready to give Obama everything that you don't need. More power to you, he needs your kind of support, commrade.

You took that from what he said?!?!? I know I don't spend much time on PPP but it amazes me that people think one person and 1/3 of the branch of government can be to blame for everything! (here is where I will open a can of worms) I like your comrade barb, it was funny, however there are SOME socialist programs that can be good and beneficial to society. Socialized medicine being #1 on that list.

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(here is where I will open a can of worms) I like your comrade barb, it was funny, however there are SOME socialist programs that can be good and beneficial to society. Socialized medicine being #1 on that list.

 

The Federal Government can't manage anything well. Even if socialized medicine were a good idea, it wouldn't be for this government. About the only things the feds have excelled at over the years are defense and the space program and we can thank the Russians for providing the competition that drove us to perform well in these 2 areas. Had we had a monopoly on space and military action, we'd suck at those things too.

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Laughing at people claiming Obama raised their taxes. The payroll taxes were going up no matter what. It's not like he added some tax increase in the fiscal cliff deal. Maybe you should thank him for the extension of other tax credits instead...

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Laughing at people claiming Obama raised their taxes.

 

Laughing at liberals laughing at people claiming Obama raised their taxes after Obama spend the past year warning everyone that if Republicans don't make the Bush tax cuts permanent, they'd be raising taxes on the middle class.

 

Fortunately for you, the takers are in the majority now so no one cares about who says what as long they can keep taking.

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Laughing at people claiming Obama raised their taxes. The payroll taxes were going up no matter what. It's not like he added some tax increase in the fiscal cliff deal. Maybe you should thank him for the extension of other tax credits instead...

 

But I thought raising taxes was how we could balance the budget? Or is that budget stuff not important anymore now that the election is over?

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Laughing at liberals laughing at people claiming Obama raised their taxes after Obama spend the past year warning everyone that if Republicans don't make the Bush tax cuts permanent, they'd be raising taxes on the middle class.

 

Fortunately for you, the takers are in the majority now so no one cares about who says what as long they can keep taking.

 

The real issue is the spending. They can argue all they want about who raised taxes, but if spending has increased then either taxes will have to go up or the dollar won't be worth as much. Everything else is just a big liberal created canard.

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Laughing at people claiming Obama raised their taxes. The payroll taxes were going up no matter what. It's not like he added some tax increase in the fiscal cliff deal. Maybe you should thank him for the extension of other tax credits instead...

Was, or was not Barack Obama the President of the United States, and were or were not his prefered changes to tax policy implemented, raising the payroll tax?

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The Federal Government can't manage anything well. Even if socialized medicine were a good idea, it wouldn't be for this government. About the only things the feds have excelled at over the years are defense and the space program and we can thank the Russians for providing the competition that drove us to perform well in these 2 areas. Had we had a monopoly on space and military action, we'd suck at those things too.

Audits of DOD routinely can't trace hundreds of billions of dollars. Defense contracts are simply corporate welfare. Somehow this seems to be tolerable for the right.
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Laughing at people claiming Obama raised their taxes. The payroll taxes were going up no matter what. It's not like he added some tax increase in the fiscal cliff deal. Maybe you should thank him for the extension of other tax credits instead...

Again, the problem with this logic is that the Bush tax cuts were also "temporary." Enacted starting in 2001 and set to expire in 2010. They were extended along with a temporary payroll tax cut in 2010. Obama CHOSE to extend the Bush income tax cuts for everyone but the those making over $400K, and he also CHOSE to end the payroll tax cut. If he wanted, he could've pushed to maintain the lower payroll tax rate. Of course, that would've given the Reps more ammunition for cutting benefits....

 

Btw, I believe the income tax extensions for income under $400K are for 5 years, then they "expire again.".

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Audits of DOD routinely can't trace hundreds of billions of dollars. Defense contracts are simply corporate welfare. Somehow this seems to be tolerable for the right.

 

While you're here, not sure if you noticed, but Obama is once again warning that if Congress doesn't raise the debt ceiling, SS payments will be delayed.

 

I thought SS was funded through 2045 or something like that. Is he saying we have to borrow money to pay SS benefits? How can that be if it's funded?

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More like a black hole...

http://www.sfgate.co...ing-2616120.php

 

Anytime you see a $600bn budget, you can probably cut 10% without affecting the efficiency of the services. But please don't posture the reluctance to cut DoD as a GOP gambit. Let's recall the BRAC exercise and how many DEMs were kicking and screaming about base closures in their districts?

 

How about a grand compromise. Agree to cut DoD by 10% in exchange for addressing future SS & healthcare costs.

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