This might be the candidate we ALL could support

The place to discuss political issues.

User avatar
Bohannon
mega power poster
mega power poster
Posts: 15949
Joined: Fri Jan 24, 12:30 am
Location: "Hiding my leg from the humpers"

Re: This might be the candidate we ALL could support

Postby Bohannon » Sat Feb 13, 4:02 am

Old Fart wrote:
Bohannon wrote:
SSA is SOLVENT for at least the next 75 years.


Link please


You don't have a Google machine?

http://www.cnbc.com/2014/07/28/medicare ... -2033.html

User avatar
alpha
mega power poster
mega power poster
Posts: 3597
Joined: Thu Dec 11, 6:12 pm
Location: damned, or in The dam!

Re: This might be the candidate we ALL could support

Postby alpha » Sat Feb 13, 4:29 am

Bohannon wrote:
Old Fart wrote:
Bohannon wrote:
SSA is SOLVENT for at least the next 75 years.


Link please


You don't have a Google machine?

http://www.cnbc.com/2014/07/28/medicare ... -2033.html


Do you ever read what you post?

Reuters wrote:Medicare solvent until 2030; Social Security until 2033

User avatar
modern roots
super power poster
super power poster
Posts: 2280
Joined: Sat Mar 01, 7:19 am
Location: U.S.A.

Re: This might be the candidate we ALL could support

Postby modern roots » Sat Feb 13, 4:50 am

Bernie wants to take the cap off the earnings for those paying in to social security. As it stands now once a person reaches a certain earnings level ( a little over $118k per year) social security STOPS being taken from their paychecks. With this stupid (and it is stupid) income restriction removed the solvency of social security will be extended by decades and decades as those that are earning over about $118k per year will continue to pay in.

User avatar
Old Fart
mega power poster
mega power poster
Posts: 6768
Joined: Sun Jul 29, 8:36 pm
Location: @ 7,230 Feet

Re: This might be the candidate we ALL could support

Postby Old Fart » Sat Feb 13, 5:56 am

Bohannon wrote:
Old Fart wrote:
Bohannon wrote:
SSA is SOLVENT for at least the next 75 years.


Link please


You don't have a Google machine?

http://www.cnbc.com/2014/07/28/medicare ... -2033.html


I do yes. Now about that link. The one that says 75 years.

User avatar
modern roots
super power poster
super power poster
Posts: 2280
Joined: Sat Mar 01, 7:19 am
Location: U.S.A.

Re: This might be the candidate we ALL could support

Postby modern roots » Sat Feb 13, 6:52 am

I just told you everything you needed to know in my above post, OF. Uncapping the income limit will extend the solvency of social security.

User avatar
Dazzler
mega power poster
mega power poster
Posts: 15267
Joined: Fri Apr 04, 2:45 pm
Location: Among the six billion.
Contact:

Re: This might be the candidate we ALL could support

Postby Dazzler » Sat Feb 13, 12:43 pm

modern roots wrote:Bernie wants to take the cap off the earnings for those paying in to social security. As it stands now once a person reaches a certain earnings level ( a little over $118k per year) social security STOPS being taken from their paychecks. With this stupid (and it is stupid) income restriction removed the solvency of social security will be extended by decades and decades as those that are earning over about $118k per year will continue to pay in.


How the fuck did this even happen in the first place?

Cujo04
mega power poster
mega power poster
Posts: 5457
Joined: Fri Aug 27, 5:14 pm

Re: This might be the candidate we ALL could support

Postby Cujo04 » Sat Feb 13, 2:07 pm

During depression era 1935, a $100k income was probably rare. Even so, they were still taking care of the richest the same in those days

User avatar
Old Fart
mega power poster
mega power poster
Posts: 6768
Joined: Sun Jul 29, 8:36 pm
Location: @ 7,230 Feet

Re: This might be the candidate we ALL could support

Postby Old Fart » Sat Feb 13, 3:25 pm

modern roots wrote:I just told you everything you needed to know in my above post, OF. Uncapping the income limit will extend the solvency of social security.


I wasn't talking to you , I was asking Bo to show me where he got the idea Ss was solvent for at least 75 years. If you can't answer that for him then shut the fuck up. Bo?

User avatar
modern roots
super power poster
super power poster
Posts: 2280
Joined: Sat Mar 01, 7:19 am
Location: U.S.A.

Re: This might be the candidate we ALL could support

Postby modern roots » Sat Feb 13, 5:06 pm

Removing the "cap" that is currently on social security with regards to income will extend the solvency of the benefit beyond the current estimates, OF.

User avatar
Bohannon
mega power poster
mega power poster
Posts: 15949
Joined: Fri Jan 24, 12:30 am
Location: "Hiding my leg from the humpers"

Re: This might be the candidate we ALL could support

Postby Bohannon » Sat Feb 13, 5:16 pm


User avatar
Old Fart
mega power poster
mega power poster
Posts: 6768
Joined: Sun Jul 29, 8:36 pm
Location: @ 7,230 Feet

Re: This might be the candidate we ALL could support

Postby Old Fart » Sat Feb 13, 5:18 pm

modern roots wrote:Removing the "cap" that is currently on social security with regards to income will extend the solvency of the benefit beyond the current estimates, OF.


You are one stupid motherfucker.

User avatar
Old Fart
mega power poster
mega power poster
Posts: 6768
Joined: Sun Jul 29, 8:36 pm
Location: @ 7,230 Feet

Re: This might be the candidate we ALL could support

Postby Old Fart » Sat Feb 13, 5:19 pm

Bohannon wrote:OK I was wrong about 75 years but right about solvency.


http://www.motherjones.com/kevin-drum/2012/11/social-securitys-problems-are-20-years-away-not-75-years

So you found your Google machine. Good for you.

User avatar
Bohannon
mega power poster
mega power poster
Posts: 15949
Joined: Fri Jan 24, 12:30 am
Location: "Hiding my leg from the humpers"

Re: This might be the candidate we ALL could support

Postby Bohannon » Sat Feb 13, 5:28 pm

So, assuming that you are
satisfied; what do you have to say about Social Security?

Here's a good rant: http://www.youtube.com/watch?v=RwmnMR0RbXU
Last edited by Bohannon on Sat Feb 13, 5:56 pm, edited 1 time in total.

User avatar
modern roots
super power poster
super power poster
Posts: 2280
Joined: Sat Mar 01, 7:19 am
Location: U.S.A.

Re: This might be the candidate we ALL could support

Postby modern roots » Sat Feb 13, 5:31 pm

Old Fart wrote:
modern roots wrote:Removing the "cap" that is currently on social security with regards to income will extend the solvency of the benefit beyond the current estimates, OF.


You are one stupid motherfucker.


Your response has nothing to do with my post.
Are you denying that removing the cap on income will extend the solvency of the benefit?

User avatar
modern roots
super power poster
super power poster
Posts: 2280
Joined: Sat Mar 01, 7:19 am
Location: U.S.A.

Re: This might be the candidate we ALL could support

Postby modern roots » Sat Feb 13, 5:45 pm

modern roots wrote:
Old Fart wrote:
modern roots wrote:Removing the "cap" that is currently on social security with regards to income will extend the solvency of the benefit beyond the current estimates, OF.


You are one stupid motherfucker.


Your response has nothing to do with my post.
Are you denying that removing the cap on income will extend the solvency of the benefit?



https://www.socialsecurity.gov/policy/d ... 11-02.html

Now there's the link. Straight from the horse's mouth that is social security. What I've been calling the "cap" on income is called the "tax max" by social security. You can scroll down and see for yourself the history of how the tax max, or "cap" has been increased over the years. You cannot deny this. It is direct facts and figures from social security.

User avatar
Dazzler
mega power poster
mega power poster
Posts: 15267
Joined: Fri Apr 04, 2:45 pm
Location: Among the six billion.
Contact:

Re: This might be the candidate we ALL could support

Postby Dazzler » Sat Feb 13, 5:47 pm

Why does it even exist?

Cujo04
mega power poster
mega power poster
Posts: 5457
Joined: Fri Aug 27, 5:14 pm

Re: This might be the candidate we ALL could support

Postby Cujo04 » Sat Feb 13, 7:00 pm

Bohannon wrote:OK I was wrong about 75 years but right about solvency.


http://www.motherjones.com/kevin-drum/2012/11/social-securitys-problems-are-20-years-away-not-75-years




Ok...So it's 17 years. So I can still scratch a few checks out of it

Cujo04
mega power poster
mega power poster
Posts: 5457
Joined: Fri Aug 27, 5:14 pm

Re: This might be the candidate we ALL could support

Postby Cujo04 » Sat Feb 13, 7:21 pm

Dazzler wrote:Why does it even exist?




From........http://www.investopedia.com/ask/answers ... ca-tax.asp


"...When President Roosevelt presented his plan for Social Security, it did not include an income cap. The original plan exempted high earners from Social Security altogether - including both taxes and benefits - and anyone who made more than $3,000 a year (about $52,000 in 2014 dollars) was supposed to be left out of the system completely. As FDR's plan worked its way through Congress, the exemption for high earners was eliminated, and the House Ways and Means Committee replaced it with a $3,000 cap. Historians on the subject have found no evidence supporting why the committee chose an earnings cap over an exemption, but it has been in place ever since..Since 1982, it has risen at the same rate as wages in the economy..."

User avatar
Cali Guy
super poster
super poster
Posts: 782
Joined: Wed Aug 02, 9:12 am
Location: Super Power Poster

Re: This might be the candidate we ALL could support

Postby Cali Guy » Sat Feb 13, 7:44 pm

The confluence of Redneck BOhannon and Napa Valley BOhannon's prosaic explanation of welfare economics on a single thread is priceless.

User avatar
Cali Guy
super poster
super poster
Posts: 782
Joined: Wed Aug 02, 9:12 am
Location: Super Power Poster

Re: This might be the candidate we ALL could support

Postby Cali Guy » Sat Feb 13, 7:47 pm

Dazzler wrote:Why does it even exist?


The USA is not as socially evolved as the UK where citizens have the luxury of a State Pension.

nemesystem
super poster
super poster
Posts: 844
Joined: Fri Sep 30, 9:50 pm
Location: Salt Lake City, Utah

Re: This might be the candidate we ALL could support

Postby nemesystem » Sat Feb 13, 9:19 pm

Bohannon wrote:So, assuming that you are
satisfied; what do you have to say about Social Security?

Here's a good rant: http://www.youtube.com/watch?v=RwmnMR0RbXU



that is fuckin bullshit that I pay into something (just like healthcare) that I will not see a penny of...

If i wasnt collecting a decent paycheck.... I'd game the welfware system to get my moneys worth.....

Social Security is a national slush fund for the old and geriatric people of this country...

User avatar
Bohannon
mega power poster
mega power poster
Posts: 15949
Joined: Fri Jan 24, 12:30 am
Location: "Hiding my leg from the humpers"

Re: This might be the candidate we ALL could support

Postby Bohannon » Sat Feb 13, 9:39 pm

nemesystem wrote:
Bohannon wrote:So, assuming that you are
satisfied; what do you have to say about Social Security?

Here's a good rant: http://www.youtube.com/watch?v=RwmnMR0RbXU



that is fuckin bullshit that I pay into something (just like healthcare) that I will not see a penny of...

If i wasnt collecting a decent paycheck.... I'd game the welfware system to get my moneys worth.....

Social Security is a national slush fund for the old and geriatric people of this country...



You are so wrong. SS is an insurance program to keep the elderly from having to eat cat food (or cats). It is NOT welfare or an entitlement paid for by the taxpayer. God forbid, it may help you out in your dotage. Easy to say you don't need healthcare or SS benefits when you're young, fit and earning a paycheck but heed this; things can change. The only people who see it as a "slush fund" are congress who has "borrowed" from the fund and who wants to give it to their banking overlords to invest in derivatives or some such.

User avatar
des
mega power poster
mega power poster
Posts: 11135
Joined: Mon Dec 01, 12:36 am
Location: The Red Rose County

Re: This might be the candidate we ALL could support

Postby des » Sat Feb 13, 10:11 pm

There seems to be a distinct lack of empathy in the USA!

Why is that?


Peace, Des.

User avatar
Dazzler
mega power poster
mega power poster
Posts: 15267
Joined: Fri Apr 04, 2:45 pm
Location: Among the six billion.
Contact:

Re: This might be the candidate we ALL could support

Postby Dazzler » Sat Feb 13, 11:53 pm

Cujo04 wrote:
Dazzler wrote:Why does it even exist?




From........http://www.investopedia.com/ask/answers ... ca-tax.asp


"...When President Roosevelt presented his plan for Social Security, it did not include an income cap. The original plan exempted high earners from Social Security altogether - including both taxes and benefits - and anyone who made more than $3,000 a year (about $52,000 in 2014 dollars) was supposed to be left out of the system completely. As FDR's plan worked its way through Congress, the exemption for high earners was eliminated, and the House Ways and Means Committee replaced it with a $3,000 cap. Historians on the subject have found no evidence supporting why the committee chose an earnings cap over an exemption, but it has been in place ever since..Since 1982, it has risen at the same rate as wages in the economy..."


No, I think you misunderstand.

What's the justification for the highest earners not contributing towards the social safety net?

User avatar
smokedpeppers
mega power poster
mega power poster
Posts: 5669
Joined: Tue Jun 28, 10:45 pm
Location: 3rd. rock
Contact:

Re: This might be the candidate we ALL could support

Postby smokedpeppers » Sun Feb 14, 1:40 am

Dazzler wrote:What's the justification for the highest earners not contributing towards the social safety net?


one of the perks associated with success?

ss has a large draw to people who never contributed, sibling of expired, under 18yo, i do believe border crosser can qualify too?

User avatar
alpha
mega power poster
mega power poster
Posts: 3597
Joined: Thu Dec 11, 6:12 pm
Location: damned, or in The dam!

Re: This might be the candidate we ALL could support

Postby alpha » Sun Feb 14, 4:35 am

des wrote:There seems to be a distinct lack of empathy in the USA!

Why is that?


Peace, Des.


Because our politicians pander to our oligarchs for the sole purpose of enriching themselves, not their constituents. Until we have a government that adheres to our constitution and a banking system owned wholly by the government, empathy will take a backseat to cheap money and profoundly, pathetic politics.

User avatar
modern roots
super power poster
super power poster
Posts: 2280
Joined: Sat Mar 01, 7:19 am
Location: U.S.A.

Re: This might be the candidate we ALL could support

Postby modern roots » Sun Feb 14, 5:18 am

Um, excuse me, OF. Are you denying that removing the cap on income would extend the solvency of the SS benefit?

Fucking crickets is all I'm hearing from you on this simple question.

Man up, reach down there between your legs, grab your fucking nuts and answer.

Cujo04
mega power poster
mega power poster
Posts: 5457
Joined: Fri Aug 27, 5:14 pm

Re: This might be the candidate we ALL could support

Postby Cujo04 » Sun Feb 14, 3:59 pm

They should raise the cap. The original math worked well in 1935 when lifespans were 65 years old and there were lots of workers per retiree. Not so much with 3 workers per retiree and this tsunami of baby boomers claiming benefits over the last several years and into the next decade.


https://www.ssa.gov/history/ratios.html

User avatar
Old Fart
mega power poster
mega power poster
Posts: 6768
Joined: Sun Jul 29, 8:36 pm
Location: @ 7,230 Feet

Re: This might be the candidate we ALL could support

Postby Old Fart » Sun Feb 14, 4:34 pm

modern roots wrote:Um, excuse me, OF. Are you denying that removing the cap on income would extend the solvency of the SS benefit?

Fucking crickets is all I'm hearing from you on this simple question.

Man up, reach down there between your legs, grab your fucking nuts and answer.


I've been saying the same thing for decades you fucking simpleton. It's one of the things Bo and me have consistently agreed on. I try not to waste too much time conversing with racist twats that wipe their ass with dish rags so you should just fuck off.

worldcitizen1723
mega power poster
mega power poster
Posts: 4150
Joined: Sat Jul 26, 1:42 am

Re: This might be the candidate we ALL could support

Postby worldcitizen1723 » Sun Feb 14, 5:21 pm

Old Fart wrote:
modern roots wrote:Um, excuse me, OF. Are you denying that removing the cap on income would extend the solvency of the SS benefit?

Fucking crickets is all I'm hearing from you on this simple question.

Man up, reach down there between your legs, grab your fucking nuts and answer.


I've been saying the same thing for decades you fucking simpleton. It's one of the things Bo and me have consistently agreed on. I try not to waste too much time conversing with racist twats that wipe their ass with dish rags so you should just fuck off.


it's the one thing we have all agreed upon for years.

MR your racist rants do absolutely nothing except to display your level of ignorance and immaturity.


Return to “All Politics”

Who is online

Users browsing this forum: No registered users and 1 guest