Shocking turn of events
Comments
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You asked me:
So under your genious approach what happens when the primary breadwinner (who couldn’t qualify lif insurance) in a family with three kids dies in a brutal car accident. How’s the surviving spouse gonna pay for childcare that will likely run $3-4K per month.
When the system you're so fucking wedded to only pays $1,200 a month. Great, why wouldn't your "friend" be helped by a private account that would be invested over the life time of the worker and would include both their employer and their contributions?
Now for the question you dodged. What happens to the money the 35 year old guy paid into the system when he gets hit by a bus? -
Translation: I'm very stupid lightweight Kunt who just isn't equipped to address anything you said but let me take a swipe at you because what you said made my Kunt hurt.CirrhosisDawg said:
Lighten up GayBob. You’ll be dead within the next 10 years. In any case, you are a net SS/Medicare recipient. The rest of us have you covered. RIP!SFGbob said:
Look at Hondo the stupid Kunt think that they money paid into Medicare and Social Security aren't just part of the Federal Government's overall tax base.2001400ex said:
If you received a paycheck, you might know that SS and Medicare are fully funded from employee and employer payroll. Seriously. I do love the double post to try to show how smart you are.SFGbob said:Medicare, Social Security and Welfare spending currently represent over 50% of all Federal Spending.
in 2017 Medicare spending represented over $700 Billion in Federal spending. In 2000 it was slightly less than $220 Billion.
https://www.statista.com/statistics/248073/distribution-of-medicare-spending-by-service-type/
I love it when Hondo the fucking moron calls me ignorant. Come on now Kunt, double down on your ignorance and post some fucking gibberish that doesn't refute a word I just said.
Hondo is so fucking dumb he probably believes there really is a "lock box" and Social Security savings account with his name on it.
Federal expenditure on Medicare have nearly doubled in the last 10 years but according to Hondo the stupid Kunt that has no impact on our deficit or debt.
The Congressional Budget Office (CBO) recently foreshadowed the Trustees’ latest concerns. CBO recently reported that Medicare spending will double, from last year’s $708 billion to $1.4 trillion by 2027. That growth will make Medicare the biggest driver of federal health care spending, dwarfing Medicaid, Obamacare subsidies, and outlays for the Children’s Health Insurance Program (CHIP). Furthermore, the Trustees estimate that Medicare spending, currently at 3.7 percent of the Gross Domestic Product (GDP), will rise to 5.9 percent of GDP by 2042. In fact, a more realistic alternative scenario projects that spending to reach 6.2 percent of GDP by 2042.
With just two exceptions, the Medicare hospital program has run annual cash deficits since 2008. It is now projected to continue running these deficits until 2026.
Both Medicare and Social Security are federally funded programs that have their own tax revenue streams but they are still part of the Federal budget and are still part of overall Federal spending.
Medicare is projected to be insolvent in less than 10 years, now the fact that it won't go bankrupt because the Government will either jack up the tax rate for it or cut services doesn't mean that it isn't part Federal spending.
Amazing how the phony libertarian has nothing to say about what is essentially a libertarian retirement and health insurance system.
Why it's almost as if this Kunt is nothing more than a fucking fraud who has a really big mouth. -
Rubberfist said:
And yes your system does suck. Your system is very simple. Simple minds.SFGbob said:The family maximum benefit from Social Security is a princely $1200 a month.
https://www.aarp.org/retirement/social-security/questions-answers/family-maximum-benefit/
So much for that $3-4K a month for childcare. But my system sucks because I got it from talk radio.
The thought of people being self-sufficient and not reliant upon the government for their own healthcare and retirement costs scares the fucking shit out of these parasites.
My system would give people a tangible asset that they could pass onto whomever they wished at the time of their death. Your system has people begging the government for a paltry $1,200 a month that they only receive until their children are grown. But you're a real sophisticated and deeeeep thinker.
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Fuck that strawman ass Hondo. I never said that SS wasn't fully funded. Of course it's fully funded. Just as Medicare is fully funded. The Federal government funds all of it's programs through tax revenue and borrowing.2001400ex said:
It is still fully funded. Hence why the government is able to borrow from the fund. Government spending overall and borrowing from the SS fund is a whole other discussion. But the fact remains that Bob is fucktarded for not knowing that SS is fully funded.PurpleThrobber said:
Sure.gif....2001400ex said:
If you received a paycheck, you might know that SS and Medicare are fully funded from employee and employer payroll. Seriously. I do love the double post to try to show how smart you are.SFGbob said:Medicare, Social Security and Welfare spending currently represent over 50% of all Federal Spending.
in 2017 Medicare spending represented over $700 Billion in Federal spending. In 2000 it was slightly less than $220 Billion.
https://www.statista.com/statistics/248073/distribution-of-medicare-spending-by-service-type/
I love it when Hondo the fucking moron calls me ignorant. Come on now Kunt, double down on your ignorance and post some fucking gibberish that doesn't refute a word I just said.
Except for the IOUs the gubmint wrote to the Social Security trust fund....totally fully funded.
Until it's not.
The point of contention is over whether SS and Medicare add to our deficit and as usual you have your head up your fucking ass Mr. only 60K legal immigrants are allowed into the country each year. -
If you can't collect on your receivables, you gots to impair them.2001400ex said:
It is still fully funded. Hence why the government is able to borrow from the fund. Government spending overall and borrowing from the SS fund is a whole other discussion. But the fact remains that Bob is fucktarded for not knowing that SS is fully funded.PurpleThrobber said:
Sure.gif....2001400ex said:
If you received a paycheck, you might know that SS and Medicare are fully funded from employee and employer payroll. Seriously. I do love the double post to try to show how smart you are.SFGbob said:Medicare, Social Security and Welfare spending currently represent over 50% of all Federal Spending.
in 2017 Medicare spending represented over $700 Billion in Federal spending. In 2000 it was slightly less than $220 Billion.
https://www.statista.com/statistics/248073/distribution-of-medicare-spending-by-service-type/
I love it when Hondo the fucking moron calls me ignorant. Come on now Kunt, double down on your ignorance and post some fucking gibberish that doesn't refute a word I just said.
Except for the IOUs the gubmint wrote to the Social Security trust fund....totally fully funded.
Until it's not.
As a globalist, certainly you're conversant in IFRS.
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Social Security is a pay as you go program funded by payroll taxes. It is not fully funded.2001400ex said:
It is still fully funded. Hence why the government is able to borrow from the fund. Government spending overall and borrowing from the SS fund is a whole other discussion. But the fact remains that Bob is fucktarded for not knowing that SS is fully funded.PurpleThrobber said:
Sure.gif....2001400ex said:
If you received a paycheck, you might know that SS and Medicare are fully funded from employee and employer payroll. Seriously. I do love the double post to try to show how smart you are.SFGbob said:Medicare, Social Security and Welfare spending currently represent over 50% of all Federal Spending.
in 2017 Medicare spending represented over $700 Billion in Federal spending. In 2000 it was slightly less than $220 Billion.
https://www.statista.com/statistics/248073/distribution-of-medicare-spending-by-service-type/
I love it when Hondo the fucking moron calls me ignorant. Come on now Kunt, double down on your ignorance and post some fucking gibberish that doesn't refute a word I just said.
Except for the IOUs the gubmint wrote to the Social Security trust fund....totally fully funded.
Until it's not.
What a dolt. -
I didn’t dodge your question. Your question was stupid. Your 35 year old won’t miss the $$ cuz he’s dead. But if he lived in the simple version the the world you live in I hope he had saved plenty of $$ and as we know EVERYBODY qualifies for life insurance so I hope he had that too.SFGbob said:You asked me:
So under your genious approach what happens when the primary breadwinner (who couldn’t qualify lif insurance) in a family with three kids dies in a brutal car accident. How’s the surviving spouse gonna pay for childcare that will likely run $3-4K per month.
When the system you're so fucking wedded to only pays $1,200 a month. Great, why wouldn't your "friend" be helped by a private account that would be invested over the life time of the worker and would include both their employer and their contributions?
Now for the question you dodged. What happens to the money the 35 year old guy paid into the system when he gets hit by a bus? -
Lol the government doesn't follow IFRS. They follow GASB.PurpleThrobber said:
If you can't collect on your receivables, you gots to impair them.2001400ex said:
It is still fully funded. Hence why the government is able to borrow from the fund. Government spending overall and borrowing from the SS fund is a whole other discussion. But the fact remains that Bob is fucktarded for not knowing that SS is fully funded.PurpleThrobber said:
Sure.gif....2001400ex said:
If you received a paycheck, you might know that SS and Medicare are fully funded from employee and employer payroll. Seriously. I do love the double post to try to show how smart you are.SFGbob said:Medicare, Social Security and Welfare spending currently represent over 50% of all Federal Spending.
in 2017 Medicare spending represented over $700 Billion in Federal spending. In 2000 it was slightly less than $220 Billion.
https://www.statista.com/statistics/248073/distribution-of-medicare-spending-by-service-type/
I love it when Hondo the fucking moron calls me ignorant. Come on now Kunt, double down on your ignorance and post some fucking gibberish that doesn't refute a word I just said.
Except for the IOUs the gubmint wrote to the Social Security trust fund....totally fully funded.
Until it's not.
As a globalist, certainly you're conversant in IFRS. -
Amazing how often questions that Kunts can't answer are "stupid."
I didn't ask you if he'd miss the money my strawman ass fucking friend I asked you what happened to it. You're perfectly fine with a system that takes money paid into it by both a worker and an employer during the course of their employment and keeping every single nickle of it if the beneficiary dies unmarried or without children.
Yes, it's much better to live in the "sophisticated" world you live in where people get to beg the government for their $1,200 a month. -
For now until OAC gets her own socialists in there.2001400ex said:
Lol the government doesn't follow IFRS. They follow GASB.PurpleThrobber said:
If you can't collect on your receivables, you gots to impair them.2001400ex said:
It is still fully funded. Hence why the government is able to borrow from the fund. Government spending overall and borrowing from the SS fund is a whole other discussion. But the fact remains that Bob is fucktarded for not knowing that SS is fully funded.PurpleThrobber said:
Sure.gif....2001400ex said:
If you received a paycheck, you might know that SS and Medicare are fully funded from employee and employer payroll. Seriously. I do love the double post to try to show how smart you are.SFGbob said:Medicare, Social Security and Welfare spending currently represent over 50% of all Federal Spending.
in 2017 Medicare spending represented over $700 Billion in Federal spending. In 2000 it was slightly less than $220 Billion.
https://www.statista.com/statistics/248073/distribution-of-medicare-spending-by-service-type/
I love it when Hondo the fucking moron calls me ignorant. Come on now Kunt, double down on your ignorance and post some fucking gibberish that doesn't refute a word I just said.
Except for the IOUs the gubmint wrote to the Social Security trust fund....totally fully funded.
Until it's not.
As a globalist, certainly you're conversant in IFRS.
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Back to my friend. He was in his early 30s with two young children. How much $$ do you think he could have saved in your magical account?
He worked at Amazon and had a few good earning years but not enough to pack away huge sums of $$. -
Yeah, a whole $1,200 a month. If that isn't spoken like someone who has lived off the government teat I don't know what is.Rubberfist said:SFGbob said:
Who doesn't qualify for life insurance? And if the person had opted out of Social Security, again it's their choice, they would still their own retirement account.Rubberfist said:
Lol. This is the “I listen to a LOT of talk radio to form my opinions” answer.SFGbob said:
I'd completely eliminate all welfare programs and would phase out both Social Security and Medicare over a certain period of time allowing future beneficiaries to opt out of both systems and enter into programs that encourage tax free medical savings and retirement accounts.2001400ex said:
I'll pose the same question to you. What entitlements programs would you cut from? Quantify how much you'd be able to cut.SFGbob said:greenblood said:Trump painted himself in a corner. Dems would have won either way. Had the government shutdown there would be no military funding, which is much more important to Trump than the wall. Military spending is one of the major things I disagree with him on. I think we need to slash entitlements significantly while at the same time decrease military spending. I would have quite frankly been happy with a shutdown.
Pure crap. Where the fuck do you guys get your information? The Defense Department was funded by a defense spending bill passed in September. They military wouldn't be affected at all by a government shut down. And even if they hadn't been funded by the bill in September the military are all considered to be essential employees and are thus exempt from any government shut down.
Btw, your definition of what constitutes an entitlement program is also crap. Social Security and Medicare are both entitlement programs. Words have meanings boys, you should actually try and learn the definition of them before using them. Otherwise you end up like those dipshits Hondo and CD with your own personal Kunt definition of words.
So under your genious approach what happens when the primary breadwinner (who couldn’t qualify lif insurance) in a family with three kids dies in a brutal car accident. How’s the surviving spouse gonna pay for childcare that will likely run $3-4K per month.
Does Social Security today cover the costs of $3 - 4K per month for childcare? Yes or no? Sounds like someone who sucks on a lot of government teat to from his opinion to me.
The Social Security survivor Benefit can be pretty good.
Hate to have a system where someone could invest all of their retirement savings and then give all of it to their wife and children at the time of their death when you can have a system where your surviving family members get $1,200 a month but only until your kids are grown. That's a smartz system!!!
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Yeah, a whole $1,200 a month. If that isn't spoken like someone who has lived off the government teat I don't know what is.
Hate to have a system where someone could invest all of their retirement savings and then give all of it to their wife and children at the time of their death when you can have a system where your surviving family members get $1,200 a month but only until your kids are grown. That's a smartz system!!!
I didn’t have intimate details of the surviving spouse’s financials but I recall that the bebefit helped her. This was probably 10 years ago.
You know just because someone sees through your bullshit ideas doesn’t mean they are sucking on the gov’s teet. -
Great it helped her. Now why wouldn't the system I proposed help her? My system offers the very real possibility that she could have been helped far more than the paltry sum you were touting.
For someone who claims to see through my bullshit you sure suck at trying to refute it. Although you did come up with that brutal "talk radio" response. Totally destroyed my argument.
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How much $$ do you actually think would be in this account? Again he was a young guy and though he had a good job he wasn’t anywhere near his earning potential.SFGbob said:Great it helped her. Now why wouldn't the system I proposed help her? My system offers the very real possibility that she could have been helped far more than the paltry sum you were touting.
For someone who claims to see through my bullshit you sure suck at trying to refute it. Although you did come up with that brutal "talk radio" response. Totally destroyed my argument. -
Yes, he was a young guy who was killed in a car crash that later committed suicide after you were asked why he had no life insurance and the SS family benefit can be pretty good and pay for $3-4K a month in childcare cost and help you keep your home until you found out that it was only $1,200 a month and then you just "know" that my proposal is simple because I got it from talk radio.
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You’re not very good at reading comprehension. I was using two different situations one hypothetical and one real life. You’re right I didn’t know how much it was but it doesn’t change the fact that it helped my friend’s family and helps others.
And the reason that I call your idea talk radio bullshit is that I used to listen to that crap and recall that this was one of the BIG ideas on the right when Bush was in office. The idea didn’t get far because it sucks. -
The reason you call it "talk radio bullshit" is you're not very bright and you're incapable of putting forth an argument that would refute what I was saying. Therefore, just call it "simple" and "talk radio bullshit" and declare victory.
Trust me, I comprehend you all too well.
The idea didn’t get far because it sucks. Brutal rebuttal, completely destroyed my argument. Shocked you didn't say that it "really, really sucked" but I guess you decided to go easy on me. -
Uh, what exactly is your argument? So far all i’ve heard is that “potentially” this account under your plan could have more $$ than the Social Security benefit could provide.SFGbob said:The reason you call it "talk radio bullshit" is you're not very bright and you're incapable of putting forth an argument that would refute what I was saying. Therefore, just call it "simple" and "talk radio bullshit" and declare victory.
Trust me, I comprehend you all too well.
The idea didn’t get far because it sucks. Brutal rebuttal, completely destroyed my argument. Shocked you didn't say that it "really, really sucked" but I guess you decided to go easy on me.
Sweet! Potential! Nice argument. How could I ever shoot this one down?
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My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
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@Rubberfist getting pummeled in this thread
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Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
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Yeah, it's easy to see that the people aren't as smartz as you. The "point" of the Republican proposal had nothing to do with entitlement reform and deficit control it was all about handing money to the financial services. Weird the way Wall Street gave so much money to Obama and Hillary. Didn't they know the Republican were prepared to hand them all of that cash?
Btw, exactly how much exactly does the "financial services industry" make off of simple index funds? -
There's the liberal patriarchy. There it is.Rubberfist said:
Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
Have to save people from themselves. Socialist man's burden. -
I'm hearing that Trump attracts the uneducatedUW_Doog_Bot said:
There's the liberal patriarchy. There it is.Rubberfist said:
Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
Have to save people from themselves. Socialist man's burden. -
You probably heard that listening to talk radio.RaceBannon said:
I'm hearing that Trump attracts the uneducatedUW_Doog_Bot said:
There's the liberal patriarchy. There it is.Rubberfist said:
Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
Have to save people from themselves. Socialist man's burden. -
They do that in Europe. At least they used to.greenblood said:
Entitlements in my mind is collecting benefits without contribution. Unless you are on SSI, you should be forced to work for the government to receive your handout. That could be cleaning up trash for the campgrounds, cleaning beaches, sweeping sidewalks, cleaning highway debris, building and maintaining hiking trails, etc. We pay higher wages and benefits to a limited workforce that can't do any of this efficiently. If you don't, you get nothing, not even food stamps.2001400ex said:
Agree on military. More on cutting wasteful spending. Go through the departments. But where do your want to cut in entitlements? Curious your thoughts, putting it into dollars.greenblood said:Trump painted himself in a corner. Dems would have won either way. Had the government shutdown there would be no military funding, which is much more important to Trump than the wall. Military spending is one of the major things I disagree with him on. I think we need to slash entitlements significantly while at the same time decrease military spending. I would have quite frankly been happy with a shutdown.
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You are catching onRaceBannon said:
I'm hearing that Trump attracts the uneducatedUW_Doog_Bot said:
There's the liberal patriarchy. There it is.Rubberfist said:
Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
Have to save people from themselves. Socialist man's burden.
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Hi Bob! Hi sledog!Rubberfist said:
You are catching onRaceBannon said:
I'm hearing that Trump attracts the uneducatedUW_Doog_Bot said:
There's the liberal patriarchy. There it is.Rubberfist said:
Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
Have to save people from themselves. Socialist man's burden.
MAGA! -
You're notRubberfist said:
You are catching onRaceBannon said:
I'm hearing that Trump attracts the uneducatedUW_Doog_Bot said:
There's the liberal patriarchy. There it is.Rubberfist said:
Gotcha! The whole point of Republican’s proposing your plan was to hand more $$ to the financial services industry and as someone who makes their living in that industry it would be a fucking windfall for me but it has also giving me a vantage point to see that the general public is really stupid about investing and having a safeguard in place (SS) is a good thing for when shit goes wrong.SFGbob said:My argument is that people should have a choice on whether they want to continue to be forced to contribute to the Ponzi scheme that leaves their kids a whopping $1,200 (pretty good) amount if they were to have an untimely death, or should they have an option of opting out of such a great fucking system. I would give people the option. And since you think current system is so fucking great why are you worried about anyone leaving it?
Have to save people from themselves. Socialist man's burden.
