Davidso i got a statement from the social security administration while i was gone. it notified me a qualify for pay when i retire. then it listed the amounts i would receive.
1, if i retire early at age 62.
2, if i retire at 67.
3, if i keep working to age 70.
they snuck it in. 2 years of extra work. no wonder some people say there is no social security crisis. they just simply extended the age we have to work to, and the age we have to keep contributing to.
i hate politicians.
it’s why i like the personal account option proposed by the president. the money is in MY account. asshat politicians can’t just change it away. once it’s there, they can’t touch it.
good point. I think you are right.
That’s your reason for supporting personal accounts? Dur. All the money everyone has ever put into their regular old SSA acct is still, and will remain, in their accounts. Personal accounts won’t keep anyone from changing the age of retirement or reducing benefits. Your example is a non-issue, a totally imaginary, poorly-reasoned, ass-kissing confabulation.
LIAR!
there is no money in any ssa account. we pay, they distribute. money is gone.
simpleton
Is there money in your bank account? Not really, it’s being invested elsewhere. Though if you wanted to withdraw it all, you could. The only diff b/t that and a regular SSA acct or the proposed new private accts is that you can’t touch it until a certain time. Spaz.
“Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are [a] few other Texas oil millionaires, and an occasional politician or businessman from other areas. Their number is negligible and they are stupid.”
– President Dwight D. Eisenhower, 11/8/54
Gus, Your example is a non-issue, a totally imaginary, poorly-reasoned, ass-kissing confabulation. You use a quote from a politician (ooohh, a Republican even) from 50 years ago. When Social Security was solvent and healthy, when there were 15 people working per every person drawing benefits (not to mention a population with an average lifespan much shorter than the current one). In a couple of years, when all of the damned Boomers retire, that ratio will be 3:1. And since you’re a lot closer to retiring than me, I resent that I will have to work longer just to supply you with your damned viagra in your dotage.
And your comparison of the SSA trust to a bank account is the most inane bit of sophistry you have tried to get away with here yet. If any bank let itself be managed like SSA has been, it would be under regulatoryy investigation before you could say boo! And you and the rest of America would be clamoring for the administrators themselves to be brought up in trial and packed off to jail, just like with Ken Lay.
Damned politicians are being foolish, because they’re either millionaires or they figure they’ll be dead by the time the crisis hits us — in about a dozen years (of course, since the world ends in 2012, ain’t no big deal, right?). Six years ago even the Democrats were clamoring about the coming crisis in Social Security. President Clinton was demanding that Congress do something about it (and getting standing ovations from the likes of Pelosi and Kennedy when he did so). Now they snarl viciously and insist there is no crisis. And you, Gus, you running dog, just glibly go along with them and insist that the system ain’t broke. You’re a moron!
wait, the world is gonna end in 2012?
Mayan calendar just stops on 21 December 2012. Some of the esoteric types believe that signals the end of days.