Comments on: Early Retirees Straining Social Security http://sweetness-light.com/archive/early-retirees-strain-social-security Mon, 13 Feb 2012 03:34:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: canary http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162657 canary Mon, 28 Sep 2009 05:24:04 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162657 Obama said he was going to change the retirement age at the MO townhall, or else there won't be money to pay our soldier's. Obama said he was going to change the retirement age at the MO townhall, or else there won’t be money to pay our soldier’s.

]]> By: ravencottage http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162627 ravencottage Sun, 27 Sep 2009 21:04:50 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162627 359 days until I have to deal with this. Wish me luck. 359 days until I have to deal with this. Wish me luck.

]]> By: proreason http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162624 proreason Sun, 27 Sep 2009 20:50:47 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162624 "the most egregious, legal Ponzi-scheme ever devised" Medicare is much worse, because there isn't even a hint of a cap on what get's paid for. Social Security can be fixed with a stroke of the pen, forever, in a way that is perfectly logical. The age at which a person can collect benefits should simply be raised to match the age-span and demographics of the country. Since the people who have paid in for decades did so with an implied contract, they should be kept whole with the expectations they bought in with. But the retirement age for people who are far away from retirement should reflect their probable lifespan. There should be a provision for annual adjustments of the retirement ages of new joinees, based on the latest acturial estimates. Medicare could theoretically be fixed the same way, but the shortfall between the benefits one could receive vs the benefits people would expect are so far apart that the whole ponzi scheme is irrevocably broken. The only way to save it is probably to privatise it. Free markets would solve the problems in about a decade. So what are we doing....well natch, the worst conceivable thing.....expanding Medicare, and not touching Social Security. But of course, my comments are from somebody who would like to see the country continue to thrive. And the people in charge of the country want to destroy it and set themselves up as an aristocracy that can never be deposed.. “the most egregious, legal Ponzi-scheme ever devised”

Medicare is much worse, because there isn’t even a hint of a cap on what get’s paid for.

Social Security can be fixed with a stroke of the pen, forever, in a way that is perfectly logical. The age at which a person can collect benefits should simply be raised to match the age-span and demographics of the country. Since the people who have paid in for decades did so with an implied contract, they should be kept whole with the expectations they bought in with. But the retirement age for people who are far away from retirement should reflect their probable lifespan. There should be a provision for annual adjustments of the retirement ages of new joinees, based on the latest acturial estimates.

Medicare could theoretically be fixed the same way, but the shortfall between the benefits one could receive vs the benefits people would expect are so far apart that the whole ponzi scheme is irrevocably broken. The only way to save it is probably to privatise it. Free markets would solve the problems in about a decade.

So what are we doing….well natch, the worst conceivable thing…..expanding Medicare, and not touching Social Security.

But of course, my comments are from somebody who would like to see the country continue to thrive.

And the people in charge of the country want to destroy it and set themselves up as an aristocracy that can never be deposed..

]]> By: Liberals Demise http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162623 Liberals Demise Sun, 27 Sep 2009 20:36:54 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162623 We are fortunate that in these waning days of our usefulness in the job market, we can still contribute to the "Black" abyss. Goodness knows .... we may well be the "First" generation to be offed for the good of the others. According to DingleBarry ........... we owe this too! We are fortunate that in these waning days of our usefulness in the job market, we can still contribute to the “Black” abyss. Goodness knows …. we may well be the “First” generation to be offed for the good of the others.

According to DingleBarry ……….. we owe this too!

]]> By: JohnMG http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162620 JohnMG Sun, 27 Sep 2009 20:27:00 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162620 Can't remember who said that the American people would never adopt communism/socialism all at once, but would accept it's tenets incrementally until one day they would wake up under that form of government. We're knocking on that door right now, and the young folks haven't a clue it's happening. And yes, you're correct, you and millions more (and me too) are forced to continue to pay into the most egregious, legal Ponzi-scheme ever devised with little hope of full recompense. But hey, we're in the process of spreading the wealth around, aren't we? Can’t remember who said that the American people would never adopt communism/socialism all at once, but would accept it’s tenets incrementally until one day they would wake up under that form of government. We’re knocking on that door right now, and the young folks haven’t a clue it’s happening.

And yes, you’re correct, you and millions more (and me too) are forced to continue to pay into the most egregious, legal Ponzi-scheme ever devised with little hope of full recompense. But hey, we’re in the process of spreading the wealth around, aren’t we?

]]> By: Liberals Demise http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162617 Liberals Demise Sun, 27 Sep 2009 20:15:59 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162617 Hey bro ......does that include a tin cup, chair and handful of pencils? Screwing us Vets yet again! "No Hope ........... pocket Change" Hey bro ……does that include a tin cup, chair and handful of pencils?

Screwing us Vets yet again!

“No Hope ……….. pocket Change”

]]> By: JohnMG http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162614 JohnMG Sun, 27 Sep 2009 20:09:26 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162614 Well, LD, I started drawing mine this year even though I can't afford to retire. The net result of that is, I can only earn an additional $14,100, or face the reality of paying my S.S. benefit back to the government. And, I still have to pay withholdings (both halves--I'm self-employed) on that 14K, plus pay taxes on the retirement benefit. Why am I drawing now? On the advice of my accountant, who said I should get established on the rolls before it's too late. What a country, huh? Well, LD, I started drawing mine this year even though I can’t afford to retire. The net result of that is, I can only earn an additional $14,100, or face the reality of paying my S.S. benefit back to the government. And, I still have to pay withholdings (both halves–I’m self-employed) on that 14K, plus pay taxes on the retirement benefit. Why am I drawing now? On the advice of my accountant, who said I should get established on the rolls before it’s too late.

What a country, huh?

]]> By: proreason http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162613 proreason Sun, 27 Sep 2009 20:03:03 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162613 "So disability claims have also gone up 20% because of the recession? How does that work?" Jobitus Interruptus - a disease prevalent in Blue States. Generally related to a condition encouraged by Blue State governments - lazyassitis. “So disability claims have also gone up 20% because of the recession?

How does that work?”

Jobitus Interruptus – a disease prevalent in Blue States. Generally related to a condition encouraged by Blue State governments – lazyassitis.

]]> By: bill http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162612 bill Sun, 27 Sep 2009 19:32:41 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162612 Get yours before it's all gone. Avoid health care prison ... I am sure the unemployment didn't have anything to do with it, aren't you? And why wouldn't Social Security solvency be the number one concern, instead of trillions more into the breach? How will we pay for SS, the money in the lock box has already been spent. Well I suppose that would mean we would have to elect responsible adults, instead of leftists power hungry idiots, for that to be the big problem that needs addressing right away... Instead of the next ginned up Oba-Mao crisis. Get yours before it’s all gone. Avoid health care prison …

I am sure the unemployment didn’t have anything to do with it, aren’t you?

And why wouldn’t Social Security solvency be the number one concern, instead of trillions more into the breach? How will we pay for SS, the money in the lock box has already been spent.

Well I suppose that would mean we would have to elect responsible adults, instead of leftists power hungry idiots, for that to be the big problem that needs addressing right away… Instead of the next ginned up Oba-Mao crisis.

]]> By: Liberals Demise http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162610 Liberals Demise Sun, 27 Sep 2009 19:13:02 +0000 http://sweetness-light.com/archive/early-retirees-strain-social-security#comment-162610 "WE ARE BROKE!" Still they will rob me a few more years just to tell me that there is nothing for me. We can partially blame the monies being sucked away by illegals in the system and totally blame the "PIGS" in D.C. for allowing this to happen. My loathing for politicians (lawyers) has increased to a downright hate on both sides of the aisle!! Bastards!! “WE ARE BROKE!”

Still they will rob me a few more years just to tell me that there is nothing for me.

We can partially blame the monies being sucked away by illegals in the system and totally blame the “PIGS” in D.C. for allowing this to happen.

My loathing for politicians (lawyers) has increased to a downright hate on both sides of the aisle!!
Bastards!!

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