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Your Union has been lying to you your entire career

13

Comments

  • CheersWestDawgCheersWestDawg Member, Swaye's Wigwam Posts: 2,477 Swaye's Wigwam

    Looks like I'm right, as always. The Libertarian mob gonna embarrass themselves like usual.

    Free markets. Free minds.
  • 2001400ex2001400ex Member Posts: 29,457
    Swaye said:

    I put my money in a sock and keep it hidden in my kitchen behind the toaster. I have 43 dollars in there.

    #onmyway

    That's the magical amount. Money for bus fair and an eighth.
  • sarktasticsarktastic Member Posts: 9,208
    Swaye said:

    I put my money in a sock and keep it hidden in my kitchen behind the toaster. I have 43 dollars in there.

    #onmyway

    Everybody knows you keep your 'real' money locked away in the cashiers cage
  • PurpleJPurpleJ Member Posts: 37,023 Founders Club
    You know DIP is butthurt when he posts 3 times in a row in the middle of the night.
  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,491 Standard Supporter

    PurpleJ said:

    SS is only in turmoil because Congress hasn't done what they need to do to solidify it. It's the single best program that this country has ever implemented. Fix it.

    I'm hearing you can set aside some of your paycheck each week in an interest-bearing account. It's called savings. Cut out the middle man that spent all the money and you'd be fine. Perpetuities are going away because people live way longer nowadays and you have no way to measure what it's going to cost in the future. People should be responsible for their own savings. Period.
    First, let me introduce you to negative or near negative rates. Second, when the average American is spending like 110% of their income and carrying $15k credit card statements, thinking that people are able to save for retirement on their own is d2d fucking stupid.

    Get mugged by reality and then get back to me.
    As I was just saying, Doogs hate personal responsibility.
    Get your nose out of Hayek's taint and join the real world.
    Free pub!!1¡¡¡¡¡¡¡¡
  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,491 Standard Supporter

    Looks like I'm right, as always. The Libertarian mob gonna embarrass themselves like usual.

    I again wonder, when did progressives fully embrace state paternalism?
  • dncdnc Member Posts: 56,614

    SS is only in turmoil because Congress hasn't done what they need to do to solidify it. It's the single best program that this country has ever implemented. Fix it.

    Sark > Ty poast of the century
  • dncdnc Member Posts: 56,614

    PurpleJ said:

    SS is only in turmoil because Congress hasn't done what they need to do to solidify it. It's the single best program that this country has ever implemented. Fix it.

    I'm hearing you can set aside some of your paycheck each week in an interest-bearing account. It's called savings. Cut out the middle man that spent all the money and you'd be fine. Perpetuities are going away because people live way longer nowadays and you have no way to measure what it's going to cost in the future. People should be responsible for their own savings. Period.
    First, let me introduce you to negative or near negative rates. Second, when the average American is spending like 110% of their income and carrying $15k credit card statements, thinking that people are able to save for retirement on their own is d2d fucking stupid.

    Get mugged by reality and then get back to me.
    If you spend 110% of your income and carry $15k credit card statements, you don't deserve a retirement.

    At the very least people who have their chit together should be able to opt out of social security and better invest their retirement.
  • sarktasticsarktastic Member Posts: 9,208
    edited April 2016
    Better invest your retirement... Until the FED removes the punchbowel

  • GreenRiverGatorzGreenRiverGatorz Member Posts: 10,163

    PurpleJ said:

    SS is only in turmoil because Congress hasn't done what they need to do to solidify it. It's the single best program that this country has ever implemented. Fix it.

    I'm hearing you can set aside some of your paycheck each week in an interest-bearing account. It's called savings. Cut out the middle man that spent all the money and you'd be fine. Perpetuities are going away because people live way longer nowadays and you have no way to measure what it's going to cost in the future. People should be responsible for their own savings. Period.
    First, let me introduce you to negative or near negative rates. Second, when the average American is spending like 110% of their income and carrying $15k credit card statements, thinking that people are able to save for retirement on their own is d2d fucking stupid.

    Get mugged by reality and then get back to me.
    As I was just saying, Doogs hate personal responsibility.
    It's a valid point, but you have to consider the alternative. Think we have a homeless problem now? Take away social security payments and you're talking about millions of senior citizens who are now homeless, draining society of its resources at every corner. We'll essentially have old folk slums in every major city, which actually sounds somewhat funny while it's still a total hypothetical. Maybe you're okay with that, but personally I don't want to live in a country where I have to navigate swarms of elderly bums every time I leave my house. I suppose it's moot though, because if we continue on the current path, SS will be insolvent anyways and this scenario won't be an alternative.
  • sarktasticsarktastic Member Posts: 9,208
    The under 35 crowd is quite happy with scrapping Boomer Benefits
  • UWhuskytskeetUWhuskytskeet Member Posts: 7,113

    PurpleJ said:

    SS is only in turmoil because Congress hasn't done what they need to do to solidify it. It's the single best program that this country has ever implemented. Fix it.

    I'm hearing you can set aside some of your paycheck each week in an interest-bearing account. It's called savings. Cut out the middle man that spent all the money and you'd be fine. Perpetuities are going away because people live way longer nowadays and you have no way to measure what it's going to cost in the future. People should be responsible for their own savings. Period.
    First, let me introduce you to negative or near negative rates. Second, when the average American is spending like 110% of their income and carrying $15k credit card statements, thinking that people are able to save for retirement on their own is d2d fucking stupid.

    Get mugged by reality and then get back to me.
    As I was just saying, Doogs hate personal responsibility.
    It's a valid point, but you have to consider the alternative. Think we have a homeless problem now? Take away social security payments and you're talking about millions of senior citizens who are now homeless, draining society of its resources at every corner. We'll essentially have old folk slums in every major city, which actually sounds somewhat funny while it's still a total hypothetical. Maybe you're okay with that, but personally I don't want to live in a country where I have to navigate swarms of elderly bums every time I leave my house. I suppose it's moot though, because if we continue on the current path, SS will be insolvent anyways and this scenario won't be an alternative.
    Hmm I don't know, I might be able to gain 1% more on my SS.
  • PurpleJPurpleJ Member Posts: 37,023 Founders Club

    The under 35 crowd is quite happy with scrapping Boomer Benefits

    And death panels. Don't forget those.
  • CuntWaffleCuntWaffle Member Posts: 22,499
    PurpleJ said:

    You know DIP is butthurt when he posts 3 times in a row in the middle of the night.

    We call that roaddawgin it
  • Fire_Marshall_BillFire_Marshall_Bill Member, Swaye's Wigwam Posts: 23,589 Founders Club

    T bills rock solid as usual, hedgies up and down like a fucking hurricane. Gee, I wonder why people might not want the "free market" in charge of their livelihood.

    Dow went from over 14,000 to under 7,000 in less than a year, but people have amnesia and act like it can't happen again...
  • KaepskneeKaepsknee Member Posts: 14,849
    PurpleJ said:

    You know DIP is butthurt when he posts 3 times in a row in the middle of the night.

    I'm hearing sec14a stupid has been replaced with a new comparison..
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 104,786 Founders Club

    T bills rock solid as usual, hedgies up and down like a fucking hurricane. Gee, I wonder why people might not want the "free market" in charge of their livelihood.

    Dow went from over 14,000 to under 7,000 in less than a year, but people have amnesia and act like it can't happen again...
    And now its at 17000

    That's how REAL investments work.
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