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  • #46
    The problem with the US SS system is not the scale of contributions. With mandatory employee and employer contributions, it is funded to the tune of 12.4%

    The problem is that the US SS fund is limited to holding solely US federal government paper, which has a far lower average rate of return than any sensible investor would get.
    12-17-10 Mohamed Bouazizi NEVER FORGET
    Stadtluft Macht Frei
    Killing it is the new killing it
    Ultima Ratio Regum

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    • #47
      Ive got to find me Christopher Buckley's book - the premise sounds very entertaining.

      I must admit that I feel incredible animosity towards baby boomers, and as an undertaker I look forward to the day I'll be packing them up in coffins, as opposed to their parents who suffered much in depression and war, yet had remarkable decency.

      Baby boomers have squandered their children's inheritance in more than one way. Not only do they ignore the tradition of passing wealth from one generation to the next by their golf playing, fancy car buying, and exorbitant retirement village lifestyles, but they've also potentially destroyed the entire planet with the greed.
      Voluntary Human Extinction Movement http://www.vhemt.org/

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      • #48
        **** passing on an inheritance. I just don't want to have to pay for their retirement.
        12-17-10 Mohamed Bouazizi NEVER FORGET
        Stadtluft Macht Frei
        Killing it is the new killing it
        Ultima Ratio Regum

        Comment


        • #49
          I must admit that I feel incredible animosity towards baby boomers, and as an undertaker I look forward to the day I'll be packing them up in coffins, as opposed to their parents who suffered much in depression and war, yet had remarkable decency.

          Baby boomers have squandered their children's inheritance in more than one way. Not only do they ignore the tradition of passing wealth from one generation to the next by their golf playing, fancy car buying, and exorbitant retirement village lifestyles, but they've also potentially destroyed the entire planet with the greed.




          Don't forget about how they destroyed society with their ignorance and hedonism...
          KH FOR OWNER!
          ASHER FOR CEO!!
          GUYNEMER FOR OT MOD!!!

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          • #50
            ...or how they lost the Viet Nam war...

            12-17-10 Mohamed Bouazizi NEVER FORGET
            Stadtluft Macht Frei
            Killing it is the new killing it
            Ultima Ratio Regum

            Comment


            • #51
              There's a very simple solution:

              1. Destroy the AARP. Nobody likes the AARP unless they are members of the AARP. In Florida, they are personally responsible for putting drivers liscenses in the hands of old people who have made a habit of "accidentally" running little children over with their cars.

              2. Kill any politician who thinks Social Security is a great thing. This will in effect allow us to have a clean start with government as 90% of government would be wiped out.

              3. Wipe out the liberals who thought it a good idea to bring the wonders of socialism to America. While we're at it, lets eliminate all evidence that Franklin Roosevelt existed because I'm really tired of hearing all the liberals talk about how great he was.

              4. Kill anyone who thinks we should be more like Europe and thinks we should add universal health care into the mix.

              If we complete these 4 steps, then I think we'll be able to get Social Security reform passed.

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              • #52
                ...or how they lost the Viet Nam war...


                America was 8-0-2 until those pot-smoking pussies got beat down by a bunch of pajama-wearing midgets...
                KH FOR OWNER!
                ASHER FOR CEO!!
                GUYNEMER FOR OT MOD!!!

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                • #53
                  Originally posted by KrazyHorse
                  The problem with the US SS system is not the scale of contributions. With mandatory employee and employer contributions, it is funded to the tune of 12.4%

                  The problem is that the US SS fund is limited to holding solely US federal government paper, which has a far lower average rate of return than any sensible investor would get.
                  think of the ethical issues of the government playing the market.

                  what about the issue of people getting SS who dont actually need it?
                  "I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
                  'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburger

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                  • #54
                    Originally posted by Drake Tungsten
                    ...or how they lost the Viet Nam war...


                    America was 8-0-2 until those pot-smoking pussies got beat down by a bunch of pajama-wearing midgets...
                    8-1-1
                    12-17-10 Mohamed Bouazizi NEVER FORGET
                    Stadtluft Macht Frei
                    Killing it is the new killing it
                    Ultima Ratio Regum

                    Comment


                    • #55
                      Originally posted by MRT144


                      think of the ethical issues of the government playing the market.
                      Just because you people haven't yet figured out a way to run an arms-length government agency doesn't mean it isn't possible.

                      Other countries do precisely this, by the way.
                      12-17-10 Mohamed Bouazizi NEVER FORGET
                      Stadtluft Macht Frei
                      Killing it is the new killing it
                      Ultima Ratio Regum

                      Comment


                      • #56
                        8-1-1


                        1812 was clearly a tie...
                        KH FOR OWNER!
                        ASHER FOR CEO!!
                        GUYNEMER FOR OT MOD!!!

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                        • #57
                          I'd call it a minor US loss, a minor British victory, a major loss for the Indians and a major victory for "Canada"
                          12-17-10 Mohamed Bouazizi NEVER FORGET
                          Stadtluft Macht Frei
                          Killing it is the new killing it
                          Ultima Ratio Regum

                          Comment


                          • #58
                            Actually, it was a minor victory for France. It proved that the Americans weren't strong enough to beat anyone without our help and that the British by themselves weren't even strong enough to deal with an uppity colonial power. If only Napoleon hadn't screwed things up by invading Russia...
                            KH FOR OWNER!
                            ASHER FOR CEO!!
                            GUYNEMER FOR OT MOD!!!

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                            • #59
                              It proved that the Americans weren't strong enough to beat anyone without our help and that the British by themselves weren't even strong enough to deal with an uppity colonial power


                              No, they had trouble dealing with an uppity colonial power while at the same time grinding out a fairly extensive war with the greatest empire Europe had seen since Rome fell...

                              Not quite the same thing.
                              12-17-10 Mohamed Bouazizi NEVER FORGET
                              Stadtluft Macht Frei
                              Killing it is the new killing it
                              Ultima Ratio Regum

                              Comment


                              • #60
                                The fact remains that the British alone were no match for us...
                                KH FOR OWNER!
                                ASHER FOR CEO!!
                                GUYNEMER FOR OT MOD!!!

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