Social Security Alternative

[MRT144]

the working class doesnt exsist to the people who say "save your own damn retirement money"

[The Pioneer]

What's the percentage out of your salary that you pay for SS? In Germany we will have to pay 19,5% from nerxt year on thanks to the socialist. I think that SS should be left upon oneself to decide where and how to invest money for his pension. The gov't should only get like a special tax of maybe 1% or 2% and use that on all the stupid folks that wont do anything for their own retirement. That money should be enough to keep them from being homeless and keep them fed.

So long...

[Asher]

Originally posted by MRT144
the working class doesnt exsist to the people who say "save your own damn retirement money"

How much are they paying towards social security that they could be saving themselves?

[monkspider]

We poor folk are going to be saving that money for bread, not for a pie in the sky retirement fund Ashie.

[The Mad Monk]

Originally posted by Spiffor
You seem to forget many, many people can't afford savings. Actually, a good part of the population indebt themselves to pay previous debts. That's what you get when you don't earn enough.
Social security is clearly not for the upper / middle class, it's for the working classmen to be able to survive after 65.

Seeing how 40% of your income is going into SS at the get go, I have no trouble believing you.

[Asher]

Originally posted by monkspider
We poor folk are going to be saving that money for bread, not for a pie in the sky retirement fund Ashie.

You're already not getting the money as it is, are you saying the only way you can save money is if someone forcefully takes it from you?

[MRT144]

NM

[monkspider]

Not nescarrily so, but for any real practical purpose, yes. The need for buying the necessities of the moment will always cause the retirement fund to be postponed indefinitely.

[MRT144]

even if someone made 45k a year for 40 years and put 7.5% of that away before taxes and returned 5% tax free for 40 years and this was all compounded the person would be left with 206K in the fund. this wouldnt maintain their lifestyle for even 10 years.

i agree social secuirity is broken, but there is no alternative that helps people who dont make money

[monkspider]

A simple solution I formulated a while back for saving SS, at least until a more permanent solution can be found, is simply stopping the top 15% from receiving SS benefits altogether. This would allow for the poor to live, and for SS to continue a while longer.

[Asher]

So you really don't see anything wrong with stealing large portions of people's incomes for the sole (and blatant) purpose of giving it to the poorer people?

You live in America, monkspider, you might as well knock it off with the commie ideals. This is the real world, after all.

I don't condone theft under any circumstance, whether it be under the thin veil of philanthropic communism or a home invasion where they steal the big screen.

[monkspider]

I see nothing wrong with America reaching a greater level of economic cooperation, no.
I suggest you join us Ashie.

[David Floyd]

I see nothing wrong with America reaching a greater level of economic cooperation, no.

"Economic cooperation". What a hilarious slogan. What you really mean is theft, plain and simple. Let's call things what they are.

You obviously see nothing wrong with coercion, either, in a more general sense.

Oh well, that whole freedom thing isn't all it's cracked up to be, is it?

[MRT144]

actually monkspider that is a good idea...

and asher, im sorry i dont live in the world of champagne wishes and caviar dreams. i dont feel bad for rich ****s who make insane amounts of money.

i feel bad for the people i work with who when they are too old to work will most likely be homeless and or move back to mexico.

if you earn the check, then you should show some ****ing compassion to those less fortunate than you. god forbid people with massive amounts of money miss out on more money and be forced to forfiet their share of the pie. just because the principle may be flawed doesnt mean in actuallity the process is or would be.

i suppose old people living in poverty while the super rich bathe in water imported from the swiss alps seems like the only fair thing to do. i mean old rich white people need their SS checks too.

[David Floyd]

A simple solution I formulated a while back for saving SS, at least until a more permanent solution can be found, is simply stopping the top 15% from receiving SS benefits altogether.

Yeah. Damn rich people. They don't deserve the money they earn. Other people deserve money that they didn't earn. Such is the nature of wealth transfer programs - taking money from those who earned it and giving it to those who did not.

MRT,

i feel bad for the people i work with who when they are too old to work will most likely be homeless and or move back to mexico.

So give them money. Don't expect me to.

if you earn the check, then you should show some ****ing compassion to those less fortunate than you.

Oh, gee, I might, but those people already are complicit in crimes against me - that is, accepting funds stolen from me.

forbid people with massive amounts of money miss out on more money and be forced to forfiet their share of the pie.

You see nothing wrong with the concept of taking money from those who earn it and giving it to those who don't? Personally, I find the concept ludicrous - the services a doctor provides are much more vital than those of a janitor, and their respective wages do - and should - reflect that.

i suppose old people living in poverty while the super rich bathe in water imported from the swiss alps seems like the only fair thing to do.

Wow, there's a strawman. Most of us who oppose SS are not rich, and certainly don't import water. No one I know does that.

But guess what? Even if someone does, so ****ing what? It's their own money. They earned it, and I'll be damned if I support a system that forces them to give it to those who did not earn it.