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Social security fix

24

Comments

  • sarktastic
    sarktastic Member Posts: 9,208
    SS was designed first and foremost as a revenue scheme to fund New Deal initiatives.

    Your solution is a non starter. Baked into the Cake from inception.

  • 2001400ex
    2001400ex Member Posts: 29,457
    SFGbob said:

    2001400ex said:

    Stupid fucking idea.

    Simpletons will love it.

    Please explain both points.
    Yeah take the income cap off the tax and keep the shitty return. What a great fucking idea. How about you let me keep my money and I invest it myself.

    That way I actually have a tangible asset that I can borrow against. Make it more like a 401K and allow people to borrow against it for a first time home purchase. But then that wouldn't allow the Rats to scare monger and keep people dependent on them.
    Your solution is to give people another method to use an ATM when they can't afford it? El oh fucking El.
  • SFGbob
    SFGbob Member Posts: 33,215
    edited January 2019
    2001400ex said:

    SFGbob said:

    2001400ex said:

    Stupid fucking idea.

    Simpletons will love it.

    Please explain both points.
    Yeah take the income cap off the tax and keep the shitty return. What a great fucking idea. How about you let me keep my money and I invest it myself.

    That way I actually have a tangible asset that I can borrow against. Make it more like a 401K and allow people to borrow against it for a first time home purchase. But then that wouldn't allow the Rats to scare monger and keep people dependent on them.
    Your solution is to give people another method to use an ATM when they can't afford it? El oh fucking El.
    Yeah that's what I said you pathological lying Kunt. If you have a 401K you can borrow against it for a first time home purchase and repay the loan paying back interest to yourself. Is that another method to use an ATM you can't afford you lying stupid Kunt?
  • sarktastic
    sarktastic Member Posts: 9,208
    I tried to help.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,809 Standard Supporter

    SS was designed first and foremost as a revenue scheme to fund New Deal initiatives.

    Your solution is a non starter. Baked into the Cake from inception.

    Except now it's not.

    Invest the money back into things that are capital assets, not operating expenses.

    Really simple financial concept. Spur construction and technology employment. Evereybody wins.

    Except the money wasters in the Fed gubmint who want to support their own bureaucracies.

  • sarktastic
    sarktastic Member Posts: 9,208
    Your plan is to divert existing general federal revenues?

    guuluk
  • sarktastic
    sarktastic Member Posts: 9,208
    The whole New Deal Bond thingy Young folks are latching their wagons to doesn't happen unless we #ditchthedollar.

    You really sure you wanna do that??
  • 2001400ex
    2001400ex Member Posts: 29,457
    edited January 2019
    SFGbob said:

    2001400ex said:

    SFGbob said:

    2001400ex said:

    Stupid fucking idea.

    Simpletons will love it.

    Please explain both points.
    Yeah take the income cap off the tax and keep the shitty return. What a great fucking idea. How about you let me keep my money and I invest it myself.

    That way I actually have a tangible asset that I can borrow against. Make it more like a 401K and allow people to borrow against it for a first time home purchase. But then that wouldn't allow the Rats to scare monger and keep people dependent on them.
    Your solution is to give people another method to use an ATM when they can't afford it? El oh fucking El.
    Yeah that's what I said you pathological lying Kunt. If you have a 401K you can borrow against it for a first time home purchase and repay the loan paying back interest to yourself. Is that another method to use an ATM you can't afford you lying stupid Kunt?
    First. You know that's now how the funds will be used. They'll be used on TVs and cell phones and shit. Second, banks don't generally allow you to borrow for your down payment. And if you have to borrow for a down payment, you shouldn't be buying a house. Fannie and Freddie there?
  • MikeDamone
    MikeDamone Member Posts: 37,781
    If benefits are capped, the taxes should be as well.
  • SFGbob
    SFGbob Member Posts: 33,215
    2001400ex said:

    SFGbob said:

    2001400ex said:

    SFGbob said:

    2001400ex said:

    Stupid fucking idea.

    Simpletons will love it.

    Please explain both points.
    Yeah take the income cap off the tax and keep the shitty return. What a great fucking idea. How about you let me keep my money and I invest it myself.

    That way I actually have a tangible asset that I can borrow against. Make it more like a 401K and allow people to borrow against it for a first time home purchase. But then that wouldn't allow the Rats to scare monger and keep people dependent on them.
    Your solution is to give people another method to use an ATM when they can't afford it? El oh fucking El.
    Yeah that's what I said you pathological lying Kunt. If you have a 401K you can borrow against it for a first time home purchase and repay the loan paying back interest to yourself. Is that another method to use an ATM you can't afford you lying stupid Kunt?
    First. You know that's now how the funds will be used. They'll be used on TVs and cell phones and shit. Second, banks don't generally allow you to borrow for your down payment. And if you have to borrow for a down payment, you shouldn't be buying a house. Fannie and Freddie there?
    Hondo shoves his head up his ass and dances around for us. Most 401Ks already make allowances for these types of loans. If you're not using the money for a down payment you don't get the loan. You can take other kinds of loans out on a 401K but they don't not allow for a 10 year repayment window like a loan taken out for a down payment.

    I bought my home here in the Bay Area doing exactly this. Next time just shut your ignorant mouth you don't know what the fuck you're talking about.