system of entitlement

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Tousi said:
Beo....in what form? Bars? If yes, which companies are more reputable or would it be better to buy from local coin shops?
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I find a reputable coin dealer in whatever town I find myself in, and purchase Silver Eagles. They are large coins and 99.99 pure silver. They sell for about a dollar fifty above silver value, still a good deal. I was fortunate enough to buy several 100-ounce bars at 500 apiece, but of course the cost quadrupled since then. As you may have noticed, when the economy takes a downturn, gold and silver shoot up. When money is worthless, you still have the precious metals to barter and bargain with, since it is for a reason that all throughout history gold or silver have been the standard.
 
Reba said:
My other alternative is to work until I keel over.

There aren't going to be enough younger workers around to support the Social Security system in the future.
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there may be less younger workers but more younger workers are richer than ever. Mark Zuckerberg.
 
Silentwolfdog said:
Yeah, where do we buy em? And is that gonna be more valuable than food and water in the future even?
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yes. as long as you have food and water for yourself.

I have tons of bullets for bartering purpose too. Stock up .22 too. Very very cheap to buy but very very valuable to barter with.
 
Jiro said:
yes. as long as you have food and water for yourself.

I have tons of bullets for bartering purpose too. Stock up .22 too. Very very cheap to buy but very very valuable to barter with.
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:laugh2:
 
rolling7 said:
netrox are you hiding out? You never did answer the question of how it is possible for people to get money from the government if they have never paid one cent into any funds. I am getting the idea that you are a long-lost relative of Robin Hood but then so is Obama.
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You're not comprehending what I was saying.

Perhaps a little education should help you:

"Social Security is a social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund.[3]"

Social Security (United States) - Wikipedia, the free encyclopedia)

SSA is insurance. It gives you back if you have WORKED and is now retired or disabled.

"Supplemental Security Income (or SSI) is a United States government program that provides stipends to low-income persons who are either aged (65 or older), blind, or disabled.[1] Although administered by the Social Security Administration,[2] SSI is funded from the U.S. Treasury general funds,[1] not the Social Security trust fund."

Supplemental Security Income - Wikipedia, the free encyclopedia

Big difference. SSI is basically "free" money paid by our tax money NOT inside the SSA fund. And don't forget that it was Republican Nixon that signed that bill.

That's not what I was talking about in the first place. People think that people on SSA get it for free and that's not true. People are ENTITLED to get SSA if they're eligible based on their credits.

The definition as given by Reba is the proper definition but it should NOT be demonized into "free for nothing" definition as it is not entirely true. The seniors and the disabled are really entitled to get their benefits as they have WORKED and EARNED credits to be entitled for it.

Yes, people can get benefits even if they never earned a penny but they will ALWAYS get less than what they could get if they got SSA benefits. We're NOT paying them SSA money.

I've argued in the past that we should increase the age of retirement because we live longer and that it's better for the seniors not to retire anyway. Statistics seem to show that seniors who continue to work have lower mortality than those who retired yet politics and FUD cloud common sense. I've argued for more taxes on junk food because the evidence is crystal clear - they're contributing to the health problems causing more strain on our health care.

Just common sense. It's that simple.
 
Now go back and read your bold post....yes, your bold post.
You can read the words "FUNDED FROM THE U.S. TREASURY GENERAL FUND"
Now tell us all how that money got into the general fund!!!
It got there by the sweat and hard work of people who are being taxed to death.
Those who receive assistance and have never in any way contributed into the fund are ripping off the rest of us. Which proves my point that Obama, you and the likes of you are a band of Robin Hoods.
 
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netrox said:
You're not comprehending what I was saying.

Perhaps a little education should help you:

"Social Security is a social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund.[3]"

Social Security (United States) - Wikipedia, the free encyclopedia)

SSA is insurance. It gives you back if you have WORKED and is now retired or disabled.

"Supplemental Security Income (or SSI) is a United States government program that provides stipends to low-income persons who are either aged (65 or older), blind, or disabled.[1] Although administered by the Social Security Administration,[2] SSI is funded from the U.S. Treasury general funds,[1] not the Social Security trust fund."

Supplemental Security Income - Wikipedia, the free encyclopedia

Big difference. SSI is basically "free" money paid by our tax money NOT inside the SSA fund. And don't forget that it was Republican Nixon that signed that bill.

That's not what I was talking about in the first place. People think that people on SSA get it for free and that's not true. People are ENTITLED to get SSA if they're eligible based on their credits.

The definition as given by Reba is the proper definition but it should NOT be demonized into "free for nothing" definition as it is not entirely true. The seniors and the disabled are really entitled to get their benefits as they have WORKED and EARNED credits to be entitled for it.

Yes, people can get benefits even if they never earned a penny but they will ALWAYS get less than what they could get if they got SSA benefits. We're NOT paying them SSA money.

I've argued in the past that we should increase the age of retirement because we live longer and that it's better for the seniors not to retire anyway. Statistics seem to show that seniors who continue to work have lower mortality than those who retired yet politics and FUD cloud common sense. I've argued for more taxes on junk food because the evidence is crystal clear - they're contributing to the health problems causing more strain on our health care.

Just common sense. It's that simple.
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Yup, I found something is pathetic so you are absolutely right.
 
Reba said:
My other alternative is to work until I keel over.

There aren't going to be enough younger workers around to support the Social Security system in the future.
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Oh yup because of more baby boomers are retiring and could hit SS system so hard.
 
Jiro said:
there may be less younger workers but more younger workers are richer than ever. Mark Zuckerberg.
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Many younger workers are unemployed, so I don't think it balances out for SS purposes.
 
Reba said:
Many younger workers are unemployed, so I don't think it balances out for SS purposes.
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maybe. maybe not. but there are handful of young rich people. I hope it balances it out. If not - we're screwed :(
 
Still no answer from netrox about why people who have paid not one penny into a fund are getting $$$
 
Jiro said:
there may be less younger workers but more younger workers are richer than ever. Mark Zuckerberg.
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How the hell does that help????

FICA is only taxed on the first $106,800.
 
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