Social security fix
Comments
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It's how every street and sewer project in America is funded at the municipal level.sarktastic said: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??
Just make the Social Security Trust fund the Bond Holder instead of Wall Street/San Francisco bankers.
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401K loan superiority guySFGbob said:
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.2001400ex said:
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?SFGbob said:
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?2001400ex said:
Your solution is to give people another method to use an ATM when they can't afford it? El oh fucking El.SFGbob said:
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.2001400ex said:
Please explain both points.sarktastic said:Stupid fucking idea.
Simpletons will love it.
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.
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.
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I'm planning on using it to fund my retirement. But by the time I want to cash it in, cars that use actual gas will be illegal so it won't be worth anything. You know, world will end in 12 years and all.RaceBannon said:
That's worth a lot quite honestlyAlexis said:PurpleThrobber said:The Throbber can fix SS in a heartbeat.
Actually, SS isn't really broken. Those who can latch their mitts onto the money is what is broken.
Set up an iron-clad wall against the Federal government 'borrowing' against Social Security trust funds. Just stop it. Might have to phase that shit in over 10 year or so but whatever....stop the flow of funds out to pay for shit likewallsname whatever the fuck wasteful fed spending you'd like. Ween the Fed Gubmint off that shit. LIke living on someone else's credit card.
Then, set up SS like pretty much every municipal and state pension plan out there. Make sound investments as much as possible into solid-return municipal bond projects like new roads, new bridges, new affordable internet. Lock in a guaranteed return on like, 80% of the trust funds. Cities and states aren't likely to default in record numbers on public works projects. Use the remaining 20% to invest in blue chip solid stocks. Exert influence on corporate behavior as needed. The SS trust administrator would be the baddest motherfucker out there in cleaning up shit like Wells Fargo's shady ass practices.
Stay away from college athletic departments/universities. They need to clean up their own shit.
Solves the issue of how to fund long-ignored public works projects, get the fucking Feds to live within their means and everybody gets a nice little chunk at the end when they are wearing bibs and slobbering in their 80's.
Easy.
Only SS I got that's worth anything.
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Hopefully the DAWGS will win several national titles so we can go out happyAlexis said:
I'm planning on using it to fund my retirement. But by the time I want to cash it in, cars that use actual gas will be illegal so it won't be worth anything. You know, world will end in 12 years and all.RaceBannon said:
That's worth a lot quite honestlyAlexis said:PurpleThrobber said:The Throbber can fix SS in a heartbeat.
Actually, SS isn't really broken. Those who can latch their mitts onto the money is what is broken.
Set up an iron-clad wall against the Federal government 'borrowing' against Social Security trust funds. Just stop it. Might have to phase that shit in over 10 year or so but whatever....stop the flow of funds out to pay for shit likewallsname whatever the fuck wasteful fed spending you'd like. Ween the Fed Gubmint off that shit. LIke living on someone else's credit card.
Then, set up SS like pretty much every municipal and state pension plan out there. Make sound investments as much as possible into solid-return municipal bond projects like new roads, new bridges, new affordable internet. Lock in a guaranteed return on like, 80% of the trust funds. Cities and states aren't likely to default in record numbers on public works projects. Use the remaining 20% to invest in blue chip solid stocks. Exert influence on corporate behavior as needed. The SS trust administrator would be the baddest motherfucker out there in cleaning up shit like Wells Fargo's shady ass practices.
Stay away from college athletic departments/universities. They need to clean up their own shit.
Solves the issue of how to fund long-ignored public works projects, get the fucking Feds to live within their means and everybody gets a nice little chunk at the end when they are wearing bibs and slobbering in their 80's.
Easy.
Only SS I got that's worth anything. -
Makes sense. DWAGS SENSE!RaceBannon said:
Hopefully the DAWGS will win several national titles so we can go out happyAlexis said:
I'm planning on using it to fund my retirement. But by the time I want to cash it in, cars that use actual gas will be illegal so it won't be worth anything. You know, world will end in 12 years and all.RaceBannon said:
That's worth a lot quite honestlyAlexis said:PurpleThrobber said:The Throbber can fix SS in a heartbeat.
Actually, SS isn't really broken. Those who can latch their mitts onto the money is what is broken.
Set up an iron-clad wall against the Federal government 'borrowing' against Social Security trust funds. Just stop it. Might have to phase that shit in over 10 year or so but whatever....stop the flow of funds out to pay for shit likewallsname whatever the fuck wasteful fed spending you'd like. Ween the Fed Gubmint off that shit. LIke living on someone else's credit card.
Then, set up SS like pretty much every municipal and state pension plan out there. Make sound investments as much as possible into solid-return municipal bond projects like new roads, new bridges, new affordable internet. Lock in a guaranteed return on like, 80% of the trust funds. Cities and states aren't likely to default in record numbers on public works projects. Use the remaining 20% to invest in blue chip solid stocks. Exert influence on corporate behavior as needed. The SS trust administrator would be the baddest motherfucker out there in cleaning up shit like Wells Fargo's shady ass practices.
Stay away from college athletic departments/universities. They need to clean up their own shit.
Solves the issue of how to fund long-ignored public works projects, get the fucking Feds to live within their means and everybody gets a nice little chunk at the end when they are wearing bibs and slobbering in their 80's.
Easy.
Only SS I got that's worth anything.
