Announcement

Collapse
No announcement yet.

Watch high tech move out of Seattle!

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #21
    I have to also correct something. Most people don’t seem to understand how social security works. It is not a savings account. It’s a transfer payment system. The people working today, pay for the people that are now retired. When I retire, the people working, like my kids, will be paying me.

    It bothers me that people talk about it like it’s a savings account.

    Comment


    • #22
      Originally posted by Frazdogg View Post
      I have to also correct something. Most people don’t seem to understand how social security works. It is not a savings account. It’s a transfer payment system. The people working today, pay for the people that are now retired. When I retire, the people working, like my kids, will be paying me.

      It bothers me that people talk about it like it’s a savings account.
      What bothers me is that the people who are unbelievably wealthy, that run things have convinced everyone that they don't deserve it, should keep paying into it, and not expect to collect it.
      The government has already ripped off the social security fund pretty thoroughly, and instead of paying it back as promised, now they are trying to convince people that it was never the people's money to begin with.
      It used to be it's OWN very solvent fund. Untouchable by anyone except those recipients who paid into it, when they retired. It has since been 'folded' into the general fund, and been drawn on heavily by these rich asshats running things. So now, they need to program everyone to accept the fact that their money has been stolen and yeah you should be ok with that right?
      2013 V-star 1300 Deluxe
      "Rosemarie"

      Sometimes it's harder to challenge yourself, then to face the challenge itself.

      Comment


      • #23
        The whole idea that SS is somehow protected, is silly. It was set up to be, and is a Social contract. As frazdogg pointed out, people pay in.......correction, the government confiscates....with the idea the government will pay them a stipend when they get to a certain age, because they participated.
        That was how it was set up in the beginning.
        There is no “this is your money”.
        If you pay in for 30 years and get hit by a bus, they don’t say “Well darn!! What are we gonna do with Carl’s money?”.
        If you qualify, you can get SS for as many years as you draw breath after reaching a certain age, even if you only paid in a short time.
        Heck, you can draw some form of SS, even if you’ve never paid in. Just not as much.

        Comment


        • roadiemort
          roadiemort commented
          Editing a comment
          Amen!

        • Silkentek
          Silkentek commented
          Editing a comment
          If you do not pay in a certain amount of quarters (quarterly payments) you are NOT able to draw social security. If you only paid in a little, you only get a very very little. My ex-husband only paid into it in the beginning of his working career, from age 15 until he was 25. After that he decided to only work under the table. He gets a little bit now, in his late 60s, less then 200$ . You have to have paid in substantially in order to qualify for anything close to enough to possibly live on IF you live very simply.
          Toby however, paid in full marks his entire almost 40 years in construction and painting, mostly at prevailing wage. When they declared him unable to work, and basically made him retire early because of the damage to his neck and back, he qualified for a pretty substantial 'retirement' stipend. If he had been stupid like my ex, he wouldn't have been given a dime. Toby is ENTITLED to his social security. It pisses me off that someday not too far in the future, voters will be convinced to vote things like this away, because the republicans want you programed to think that once you can't work you should just crawl off and starve and die.

        • SKWEARpeg
          SKWEARpeg commented
          Editing a comment
          "Some form of".... Either fully insured, SS disability, or a stipend of sorts even though it's not as much. These three category's can be stretched based on circumstances, at the whimsey of the SSA, or a change to the law by Congress.

          SS was never intended to be a retirement pension. It was at it's inception only intended to be a crutch for those who had nothing or needed help. It has grown into a whole different animal. People today have no problem drawing way more money out, then they ever paid in....unless like poor Carl, they got hit by a bus. Poor sap. Had he only married and had kids, they could of gotten something back.

          Generally, someone has to contribute at least 40 quarters to be fully insured. That's a whopping 10 years. Golly gee whiz!!!
          It doesn't even have to be continuous. The amounts contributed, don't even have to amount to much. If someone becomes disabled, then the requirement for total quarters needed, becomes pretty much a moot point.
          Its pretty much one size fits all. Rich people have a cap, and a tax penalty that's pretty huge, if they make to much money, and they still collect SS.
          Reagan started the taxation of SS benefits in 1983. SS was taxed at a 50% level. It was aimed at those who made lots of money. Ronnie Raygun, trying to put some "fair" in the game. Who'd a thunk? What a snaeaky bastard. Clinton bumped it to 85% in 1993. Once again, to ding those fat cats, even more this time. Sad that people who paid into SS for many years, well over the required 40 quarters, all of a sudden found themselves out in the cold. Punished because they hadn't squandered opportunity, and had become financially responsible for themselves.

          A bit of history...https://www.ssa.gov/history/InternetMyths2.html

          That link ^^^^ pretty much drives a nail through the whole "lock box" discussion as far as who if anyone was robbing the cookie jar. Although it is interesting to see who moved things from "Off budget to "On budget" and back to "Off budget" again. Johnson??? Wasn't he the "New Society" guy.

          As far as your concerns about "not to far in the future" go, history has been pretty consistent when it comes to robbing Peter to pay Paul. Said another way, we have been moving pretty steadily into Socialism for over a hundred years. Woody Wilson, is considered the father of Progressivism in the US. They simply changed the word, because Marx soiled his britches, and stunk the room up.
          The trend has never been away from Socialism, only further into it. People like nice things. When they can get the government to use other peoples money to get it for them, they like them even better.
          There won't be any change of direction. Class envy and selling the idea of "punishing the wealthy", has always sold well. It's not going to change. It always tends to go to far in the wrong direction, though. People like the idea of a government that can give them other peoples stuff. History has quite a few examples. Most of those examples resulted in the collapse of the societies that engaged in it.
          Short of an economic disaster on a global scale that destroys society as we know it today, there won't be any about face. Obama's ACA, was a great example of what happens when a single party does something on their own, in a completely partisan manner. That it was a boondoggle of the grand sort, didn't matter. The democrats did it, because taking form those who had money to give to those who didn't, looked like a great way to secure generations of people dependent on government. People beholden to government. People who couldn't get along without government.

          The chances of "the republicans" pulling a stunt to end SS the way the dems did the ACA, is so close to zero, it's probably even in negative territory. It lives among the dust motes under the beds of those who are sure somebody is out to get them. It hides when anybody looks under there with a flashlight. People believe it because politicians use the threat of an end to the gravey train, to buy votes with other peoples money.

          20% of the people in this country, pay over 80% of the taxes collected.

          Walter is a smart guy...https://www.dailysignal.com/2017/10/...share-numbers/

          "Entitled" is such a tricky word. It only needs a law passed, or a regulation tweaked, to make somebody "entitled".

      • #24
        The whole, "they stole from the Social Security funds!" always makes me chuckle. Its like people believe there is actual money in an actual account. It's all promises and 1's and 0's...

        2000 Roadstar 1600 - BAK, Pumpless, Curt's manifold, Mikuni HSR42 Freedom Combat Pipes Jumbo Strong bags, PPG 'HellFire' Paint.

        Comment


        • SKWEARpeg
          SKWEARpeg commented
          Editing a comment
          The whole “ Social Security lockbox” nonsense was just a stick to beat with.
          The government doesn’t have it’s own money, until they take ours. After that, it’s theirs to do with whatever they please.

      • #25
        I agree that SS is probably dead soon. I don’t know, we’ll see. Many depend on it. So, it would be political suicide to cut it.

        Comment


        • #26
          Originally posted by Frazdogg View Post
          I agree that SS is probably dead soon. I don’t know, we’ll see. Many depend on it. So, it would be political suicide to cut it.
          Oh I don't think that, it still has another 20-30 years to go before its really hurting if you believe what our Government masters tell us.

          Of course if we go full socialism, all bets are off cuz we will be going down.

          2000 Roadstar 1600 - BAK, Pumpless, Curt's manifold, Mikuni HSR42 Freedom Combat Pipes Jumbo Strong bags, PPG 'HellFire' Paint.

          Comment


          • #27
            I think SS will go on indefinitely. I think one of the reasons many in DC want to keep our immigration status the way it is, is to keep a new batch of individuals paying in. Somebody has to keep contributing, as the boomers retire enmasse. Social programs require contributing members.
            Keep in mind, nobody in government has ever promised anyone how much they were going to get long term. It's always subject to change. How much and when you can start collecting, are always in a state of flux.
            Nobody in Congress is willing to get rid of SS altogether. It'd be political suicide. They are more then willing to nibble around the edges though.....and blame it on each other of course.
            It's a numbers game right now. The first ranks of boomers, are getting to the point where the mortality rate is increasing due to age. I'm sure the numbers jugglers are working constantly to calculate the what if's.

            Comment


            • #28
              right wingers would like left wingers to disappear and left wingers would like right wingers to disappear, but it takes two wings to fly the last time I looked...........
              not all those who wander are lost......

              Comment


            • #29
              Originally posted by Flashback View Post
              right wingers would like left wingers to disappear and left wingers would like right wingers to disappear, but it takes two wings to fly the last time I looked...........
              True. I was just discussing this with my wife yesterday. We need each other. Both perspectives are valid. We are trying to solve the same problems, mostly. The trouble we have right now, is we don’t have any true statesmen anymore. All issues have a side, rather than problem solving an issue. It’s brilliant on the part of the politicians because they can point to the enemy rather than take blame for not working with others to create an outcome of success.

              Comment


              • #30
                Success can prove elusive, depending on an individuals perspective and definition of the word, as it pertains to him or her and the topic being discussed.
                We live in an imperfect world, filled with lack luster solutions in many cases.
                How does that go? "The perfect is enemy of the good". This leaves a lot of room for opposing opinions to snipe at an opponents ideas.
                It becomes very easy to say something was a failure and is broken, simply because it wasn't your idea of how it should be run, or it has some flies on it..
                Health care in the US is a good example. The US was always ranked way down on any list of who has the best, simply because we didn't have socialized health care. Nothing else was as important, to those doing the grading.

                The bigger the government, the more it shys away from the rights and responsibilities of the individual. Individual rights, are seen as messy compared to the importance of the big picture of the "Collective". This is why the bigger the government, the more it focuses on one size fits all solutions because big government does simple really well.....sometimes.....on a rare occasion.



                Comment


                • #31
                  More insanity!

                  https://www.dailywire.com/news/30981...ng-ben-shapiro

                  “The West is the Best" - Jim Morrison

                  Comment


                  • #32
                    http://komonews.com/news/local/pierc...g-business-tax

                    Did you see this?

                    Comment


                    • #33
                      Originally posted by 75kona View Post
                      Yes, I did. Go get em Tacoma!

                      “The West is the Best" - Jim Morrison

                      Comment


                      • #34
                        Seattle just got slapped upside the head!

                        https://www.foxbusiness.com/markets/...azon-starbucks

                        “The West is the Best" - Jim Morrison

                        Comment


                        • #35
                          Originally posted by Shores View Post
                          Seattle just got slapped upside the head!
                          Amazon and Starbucks should move out anyway.


                          2000 Roadstar 1600 - BAK, Pumpless, Curt's manifold, Mikuni HSR42 Freedom Combat Pipes Jumbo Strong bags, PPG 'HellFire' Paint.

                          Comment


                          • #36
                            Originally posted by Shores View Post
                            Seattle just got slapped upside the head!

                            https://www.foxbusiness.com/markets/...azon-starbucks
                            Yes but Seattle is still trying to do everything they can to kill jobs and drive out businesses. Just look at how many have closed their doors or moved since they raised the minimum wage to $15 an hour. Plus property prices and inflation are skyrocketing here so much that if you aren't making $75k-100k you can barely afford to live here. I've been looking as far south as Onalaska to find affordable property

                            Comment

                            Latest Posts

                            Collapse

                            Topics Statistics Last Post
                            Started by pumppy10, 12 minutes ago
                            1 response
                            4 views
                            0 likes
                            Last Post Tykes_Place  
                            Started by Lug Nut, 4 hours ago
                            1 response
                            17 views
                            0 likes
                            Last Post daveto
                            by daveto
                             
                            Started by gary1717, 1 day ago
                            17 responses
                            66 views
                            0 likes
                            Last Post mlharper  
                            Started by Curt, 05-07-2018, 10:04 PM
                            4 responses
                            135 views
                            0 likes
                            Last Post SKWEARpeg  
                            Started by Hawk, 1 hour ago
                            1 response
                            23 views
                            0 likes
                            Last Post Bikerron  
                            Started by cike, 1 day ago
                            46 responses
                            315 views
                            0 likes
                            Last Post roadiemort  
                            Started by roadiemort, 03-05-2018, 07:01 PM
                            1,031 responses
                            9,473 views
                            3 likes
                            Last Post roadiemort  
                            Started by Rodzim, 20 hours ago
                            5 responses
                            122 views
                            0 likes
                            Last Post BlackCloud  
                            Started by Shores, 4 hours ago
                            4 responses
                            34 views
                            0 likes
                            Last Post Shores
                            by Shores
                             
                            Started by YZ18, 2 days ago
                            9 responses
                            137 views
                            0 likes
                            Last Post dnalen
                            by dnalen
                             
                            Started by Biff, 3 days ago
                            11 responses
                            266 views
                            2 likes
                            Last Post Txulrich  
                            Started by FDRUCaptain, 5 days ago
                            36 responses
                            437 views
                            0 likes
                            Last Post Jeaston
                            by Jeaston
                             
                            Started by sycloneman, 1 day ago
                            29 responses
                            99 views
                            0 likes
                            Last Post Doc_V
                            by Doc_V
                             
                            Started by uncledaddy, 8 hours ago
                            6 responses
                            48 views
                            0 likes
                            Last Post daveto
                            by daveto
                             
                            Started by Traviser, 2 days ago
                            19 responses
                            99 views
                            0 likes
                            Last Post TwinCreeks1600  
                            Started by Val K, 2 days ago
                            5 responses
                            88 views
                            0 likes
                            Last Post Questcap  
                            Started by Mark_N, 20 hours ago
                            4 responses
                            69 views
                            0 likes
                            Last Post SKWEARpeg  
                            Started by thehathaways, 4 days ago
                            19 responses
                            224 views
                            0 likes
                            Last Post Littlebull  
                            Started by Shores, 2 days ago
                            13 responses
                            185 views
                            0 likes
                            Last Post Doc_V
                            by Doc_V
                             
                            Started by AR. Hillbilly, 1 day ago
                            1 response
                            41 views
                            0 likes
                            Last Post jd750ace  
                            Working...
                            X