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h&w is social security an entitlement program if we pay into it our whole lives?

 
Anonymous Coward
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07/18/2011 10:55 AM
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h&w is social security an entitlement program if we pay into it our whole lives?
? if we pay into it our whole lives its our damn money! how the hell can they call it an entitlement program?
Anonymous Coward
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07/18/2011 11:00 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
? if we pay into it our whole lives its our damn money! how the hell can they call it an entitlement program?
 Quoting: Anonymous Coward 1472593


You are not "paying in" to anything. It is a tax. Your money is taken and handed to someone else. Whatever is left over is then spend by the government and replaced with an IOU. Its not YOUR money any more that federal tax withholding is YOUR money. You've just been conned into believing it is.
Anonymous Coward
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07/18/2011 11:03 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
It's not an entitlement program, it's a tax that you are required to pay. It's a "legal" pyramid scam of the largest order.
Tod Shwarze
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07/18/2011 11:06 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
? if we pay into it our whole lives its our damn money! how the hell can they call it an entitlement program?
 Quoting: Anonymous Coward 1472593


It is whatever they want it to be because you have no say and they arent listening to you.
Just like something can be voluntary and manditory at the same time, it's talmudic sophistry to control passive simpletons.
Once they know you will swallow anything they will choke you with EVERYTHING.
First there's lies, then theft, then disposal of all witnesses
Anonymous Coward
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07/18/2011 11:36 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
It is not an entitlement it is entirely self supporting it is paid for by the worker and their employer and it is solvent until the year 2036 the fact that it has IOU's in it means nothing other then the government is required to pay it back just like any other other creditor..
AlasBabylon

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07/18/2011 11:37 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
.


Sounds like 'taxation without representation' to me.



.
AlasBabylon

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07/18/2011 11:39 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
It is not an entitlement it is entirely self supporting it is paid for by the worker and their employer and it is solvent until the year 2036 the fact that it has IOU's in it means nothing other then the government is required to pay it back just like any other other creditor..

 Quoting: Anonymous Coward 1464776




Creditors will be left hanging if the government goes bankrupt.

Politicians and bureaucrats too.



.
Anonymous Coward
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07/18/2011 11:41 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Been asking the same question. Where was the "opt out " selection box ?
Anonymous Coward
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07/18/2011 11:42 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
? if we pay into it our whole lives its our damn money! how the hell can they call it an entitlement program?
 Quoting: Anonymous Coward 1472593


You are not "paying in" to anything. It is a tax. Your money is taken and handed to someone else. Whatever is left over is then spend by the government and replaced with an IOU. Its not YOUR money any more that federal tax withholding is YOUR money. You've just been conned into believing it is.
 Quoting: Anonymous Coward 1454475


You state the same thing on every thread that relates to this. We got, we've been ripped off. If you are using tax as an analogy--okay, but you're making it sound as if fact.

Fact, we get statements every so often saying how much money per month we'll receive if retire or disabled. I don't see any kind of payback promised me when I give up money to the federal income tax.
Anonymous Coward
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07/18/2011 11:43 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Because you are benefiting from counterfeiting of us securities which otherwise would not allow you the entitlements
Anonymous Coward
User ID: 1464776
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07/18/2011 11:48 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
It is not an entitlement it is entirely self supporting it is paid for by the worker and their employer and it is solvent until the year 2036 the fact that it has IOU's in it means nothing other then the government is required to pay it back just like any other other creditor..

 Quoting: Anonymous Coward 1464776




Creditors will be left hanging if the government goes bankrupt.

Politicians and bureaucrats too.



.
 Quoting: AlasBabylon


A Short History of US Credit Defaults.

In this event, it is unlikely a default will occur. Historically, governments prioritize debt service above all other expenses. If the expansion of funds via debt becomes impossible, the Treasury will cease paying other expenses first, starting with "nonessential" discretionary expenditures, and then move on to mandatory expenditures and entitlements as a last resort.

In extremis, what will happen is that all the losses will be foisted onto the Federal Reserve. The Fed holds something on the order of $1.6 trillion in debt issued by the Treasury of the United States. By having the Federal Reserve purchase blocks of Treasury debt and defaulting on these non-investor-held securities, the United States can postpone a default against real investors essentially forever.

[link to mises.org]
Anonymous Coward
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07/18/2011 11:52 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
? if we pay into it our whole lives its our damn money! how the hell can they call it an entitlement program?
 Quoting: Anonymous Coward 1472593


It's not and the moran Republicans who refer to it as such is retarded as the ones who believe them.

Entitlement would even MORESO not refer to this program since you get out FARRRRR less than you put in. Rip off is a more accurate term.
Anonymous Coward
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07/18/2011 11:53 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Because you are benefiting from counterfeiting of us securities which otherwise would not allow you the entitlements
 Quoting: Anonymous Coward 1464500


Bullshit.

The money taken from every working person is funding the securities.
Anonymous Coward
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07/18/2011 11:56 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
? if we pay into it our whole lives its our damn money! how the hell can they call it an entitlement program?
 Quoting: Anonymous Coward 1472593


You are not "paying in" to anything. It is a tax. Your money is taken and handed to someone else. Whatever is left over is then spend by the government and replaced with an IOU. Its not YOUR money any more that federal tax withholding is YOUR money. You've just been conned into believing it is.
 Quoting: Anonymous Coward 1454475


You state the same thing on every thread that relates to this. We got, we've been ripped off. If you are using tax as an analogy--okay, but you're making it sound as if fact.

Fact, we get statements every so often saying how much money per month we'll receive if retire or disabled. I don't see any kind of payback promised me when I give up money to the federal income tax.
 Quoting: Anonymous Coward 1417688


You are receiving a 'statement" that displays how much of someone else's money they are going to take and hand to you when you meet certain eligibility (entitlement) requirements. That's all it is. If anything, it identifies you as a willing accomplice in government-sponsored theft.
Anonymous Coward
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07/18/2011 11:56 AM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Just know that every person that has served a term in Congress receives a life time pension that they never paid into. But it is not a entitlement.
Anonymous Coward
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07/18/2011 12:00 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
There has never been a social security account that has your name on it with money in it that you paid. You get paid from money they take from people still working. There use to be extra funds in the bulk account, but Congress put it into the general fund and spent it.
deadpammy

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07/18/2011 12:05 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
SS is not considered entitlement spending, it is discretionary spending. So, when Zero says he cannot be sure if the SS checks will go out, that is because he will send out the entitlement checks first (welfare). You go to work your entire life, pay 6.2% of your income to SS, this money is used to fund ppl who don’t work (replaced with an IOU in the lockbox), and when the shtf, those ppl who don’t work get the money you put in to SS and you are left with nothing.. Yeah, it’s all fun and games, so get back to work and generate more welfare money! Or vote buying funds so Obammie can be prez over and over again.

He doesn’t care if the elderly or sick die of starvation, they are not part of his plan. He needs healthy young men to grow his civilian army. Those are the people who will get YOUR money. And everything else you own.
It's only life, suck it up and stop crying.

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laddo
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07/18/2011 12:07 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
The same could be said for any government program. We pay for the program with our taxes, and it's there for us if we need it. The term "entitlement" has an emotional resonance which is unrelated to what is actually going on. Don't let people fuck with you.
laddo
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07/18/2011 12:09 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Sounds like 'taxation without representation' to me.

 Quoting: AlasBabylon


In what way? Have you been stripped of your voting rights?
Anonymous Coward
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07/18/2011 12:10 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
The same could be said for any government program. We pay for the program with our taxes, and it's there for us if we need it. The term "entitlement" has an emotional resonance which is unrelated to what is actually going on. Don't let people fuck with you.
 Quoting: laddo 1208892


Sounds like people have already fucked with you.
laddo
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07/18/2011 12:12 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
He needs healthy young men to grow his civilian army. Those are the people who will get YOUR money. And everything else you own.
 Quoting: deadpammy


When do you think he will post sign-up sheets for his civilian army? What kind of uniforms will they have? Are there perks? Discounts at record stores?
laddo
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07/18/2011 12:14 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
The same could be said for any government program. We pay for the program with our taxes, and it's there for us if we need it. The term "entitlement" has an emotional resonance which is unrelated to what is actually going on. Don't let people fuck with you.
 Quoting: laddo 1208892


Sounds like people have already fucked with you.
 Quoting: Anonymous Coward 1296248


I'm sure they have, but you haven't addressed the substance of what I wrote, and can't.
Anonymous Coward
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07/18/2011 12:16 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
.


You are receiving a 'statement" that displays how much of someone else's money they are going to take and hand to you when you meet certain eligibility (entitlement) requirements. That's all it is. If anything, it identifies you as a willing accomplice in government-sponsored theft.


^^^^
Nonsense it's YOUR OWN MONEY paid for by YOU and your employer and you are not a willing accomplice what a load of crap you are FORCED through threat of imprisonment to pay into it. You deserve every damn dime back with INTEREST. Otherwise it's nothing short of theft by the politicians not theft by YOU and who ever would stand for that not me.

It's not someone else's money that's just more lies it's YOURS you paid for it the fact that the government borrows from it is MOOT because they would have to borrow somewhere and they would have to pay it back whether it was from ss or china!

I'm so sick of people spouting nonsense on this issue there is a $2.6 TRILLION dollar fund and irregardless if it has iou's or not it is solvent period it's the damn U.S. government that has a problem spending and borrowing not the social security fund!
Anonymous Coward
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07/18/2011 12:18 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
SS is not considered entitlement spending, it is discretionary spending. So, when Zero says he cannot be sure if the SS checks will go out, that is because he will send out the entitlement checks first (welfare). You go to work your entire life, pay 6.2% of your income to SS, this money is used to fund ppl who don’t work (replaced with an IOU in the lockbox), and when the shtf, those ppl who don’t work get the money you put in to SS and you are left with nothing.. Yeah, it’s all fun and games, so get back to work and generate more welfare money! Or vote buying funds so Obammie can be prez over and over again.

He doesn’t care if the elderly or sick die of starvation, they are not part of his plan. He needs healthy young men to grow his civilian army. Those are the people who will get YOUR money. And everything else you own.
 Quoting: deadpammy


Well that just sucks!
laddo
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07/18/2011 12:23 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Government 101.

We elect a government. They come up with a budget. The budget takes your taxes, and determines how those taxes will be spent. And then it goes ahead and spends more money on top of that. So we run a deficit.

If you elect a government that decides to spend all of the taxes on bombs, then that's what it will be spent on. If you elect a government that decides to spend all of the taxes on roads, then that's what it will be spent on. If you elect a government that decides to spend some of the money to fund a social security program for the elderly and infirm, then that's what it will be spent on.

How is the latter decision a "theft" more than any other budgetary decision? Do you think that private wealth, or a monetary system, can exist at all without a government? You're wrong, if you do. A free market requires a government, and that government requires taxes.
AlasBabylon

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07/18/2011 12:23 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Sounds like 'taxation without representation' to me.

 Quoting: AlasBabylon


In what way? Have you been stripped of your voting rights?

 Quoting: laddo 1208892



That happened a long time ago.

Several states voted with their feet.

It was called the Civil War.





.

Last Edited by AlasBabylon on 07/18/2011 12:25 PM
Anonymous Coward
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07/18/2011 12:25 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Because you are benefiting from counterfeiting of us securities which otherwise would not allow you the entitlements
 Quoting: Anonymous Coward 1464500


Bullshit.

The money taken from every working person is funding the securities.
 Quoting: Anonymous Coward 1463484



All money was loaned into circulation tiger of paper , and you authorized it
Anonymous Coward
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Canada
07/18/2011 12:32 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
Government 101.

We elect a government. They come up with a budget. The budget takes your taxes, and determines how those taxes will be spent. And then it goes ahead and spends more money on top of that. So we run a deficit.

If you elect a government that decides to spend all of the taxes on bombs, then that's what it will be spent on. If you elect a government that decides to spend all of the taxes on roads, then that's what it will be spent on. If you elect a government that decides to spend some of the money to fund a social security program for the elderly and infirm, then that's what it will be spent on.

How is the latter decision a "theft" more than any other budgetary decision? Do you think that private wealth, or a monetary system, can exist at all without a government? You're wrong, if you do. A free market requires a government, and that government requires taxes.
 Quoting: laddo 1208892


It is theft because they took the money from a self sustaining fund and used it to cover pork barrel spending so they could get re-elected. They knew they would never use taxes to pay it back. They purposely destroyed it.
Anonymous Coward
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07/18/2011 12:33 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
It's not an entitlement program, it's a tax that you are required to pay. It's a "legal" pyramid scam of the largest order.
 Quoting: Anonymous Coward 1439733


Uhh.. I thought it was voluntary?????


Since when did they pass a law that forces anyone to sign that damn W4 form?
Anonymous Coward
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07/18/2011 12:33 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
It's not an entitlement program, it's a tax that you are required to pay. It's a "legal" pyramid scam of the largest order.
 Quoting: Anonymous Coward 1439733


Uhh.. I thought it was voluntary?????


Since when did they pass a law that forces anyone to sign that damn W4 form?
Anonymous Coward
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United States
07/18/2011 12:36 PM
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Re: h&w is social security an entitlement program if we pay into it our whole lives?
.
 Quoting: Anonymous Coward 1464776


You are receiving a 'statement" that displays how much of someone else's money they are going to take and hand to you when you meet certain eligibility (entitlement) requirements. That's all it is. If anything, it identifies you as a willing accomplice in government-sponsored theft.


^^^^
Nonsense it's YOUR OWN MONEY paid for by YOU and your employer and you are not a willing accomplice what a load of crap you are FORCED through threat of imprisonment to pay into it. You deserve every damn dime back with INTEREST. Otherwise it's nothing short of theft by the politicians not theft by YOU and who ever would stand for that not me.

It's not someone else's money that's just more lies it's YOURS you paid for it the fact that the government borrows from it is MOOT because they would have to borrow somewhere and they would have to pay it back whether it was from ss or china!

I'm so sick of people spouting nonsense on this issue there is a $2.6 TRILLION dollar fund and irregardless if it has iou's or not it is solvent period it's the damn U.S. government that has a problem spending and borrowing not the social security fund!




SORRY to disagree.... but signing that W4 form is kind of like buying old age insurance.... In fact this is exactally how they sold it to the public in the first place. Duh.

When you pay your auto insurance premium, that money is no longer yours. You are only entitled to a benefit when and if certian conditions are met.





GLP