How to fix this crisis

Discussion in 'Politics' started by theunbubba, Jan 10, 2012.

  1. theunbubba
    Offline

    theunbubba Member

    Joined:
    Feb 28, 2009
    Messages:
    560
    Thanks Received:
    48
    Trophy Points:
    16
    Ratings:
    +48
    U.S.Savings Bonds should be given to everybody that has paid into the Social Security System to replace all of the money we put into it in premium payments. We can't give the money back directly but we can do it long term in the form of bonds. The bonds would be negotiable instruments with definite term of maturity. These bonds would have the same interest rate as the T-Bill rate on the day of issue, thus creating a ready market for them. People would be able to opt out from the social security system, over the age of 55, in favor of getting the bonds. Under 55 it would be mandatory.
    Purchase of the bonds would be mandatory for 30 years after the start of the program from payrolls as a substitute for being in Social Security. This will continue to fund the system for those who opt to stay in the Social Security system.
    This has several benefits.
    First there would be a government backed security you can place in your own retirement account.
    Second you will have a tangible asset that you can use as a basis of credit.
    Third you would have a salable asset to use to back your purchase of a home or any other type of real investment you might want to pursue.
    Fourth it would eliminate the open ended obligation that is now on the back of the taxpaying public citizen.
    Fifth it will wean Americans off of the government dependency merry go round.
    Sixth it will restore American solvency and be a bigger stimulus than anything you ever saw.

    Social Security has been like a vampire sucking blood out of this economy for 70 years. It's time to give our blood back.

    Speak truth to liberals
     
  2. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Go educate yourself.

    The people's Social Security contributions has been funding the USA general funds for decades.

    That's WHY the SS fund is sitting on 2.4 TRILLION dollars worth of bonds.

    Seriously go educate yourself.

    You have been fed a line of bullshit, kid.
     
    • Thank You! Thank You! x 1
  3. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    You hand me us savings bonds for 16 years of paying into ss and you will see the immediate end of the dollar. I dont fucking want them. In a year they will be worthless. We can barely get the dum-dum Chinese to keep buying them, but you want to pawn them off on citizens.

    Shame on you.
     
  4. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    Honestly, I dont want any of that money back. As if dollars are worth a fuck anymore anyway. This corrupt crappy shit stained government can keep it.

    Instead I want my freedom back. Keep my money, just fucking go away, take your corrupt perverted laws with you.
     
  5. Wacky Quacky
    Offline

    Wacky Quacky Silver Member

    Joined:
    May 16, 2011
    Messages:
    1,824
    Thanks Received:
    327
    Trophy Points:
    98
    Ratings:
    +376
    You lost me right there. SS should be optional from the start. I would challenge the constitutionality of mandatory involvement.

    Our government would never switch SS to bonds, if they did there would nothing for them to steal from.
     
  6. theunbubba
    Offline

    theunbubba Member

    Joined:
    Feb 28, 2009
    Messages:
    560
    Thanks Received:
    48
    Trophy Points:
    16
    Ratings:
    +48
    The mandatory in that sentence means mandatory OUT of the SS program. Not in.
     
    Last edited: Jan 10, 2012
  7. theunbubba
    Offline

    theunbubba Member

    Joined:
    Feb 28, 2009
    Messages:
    560
    Thanks Received:
    48
    Trophy Points:
    16
    Ratings:
    +48
    You are the one feeding bullshit. The "bonds" in that fund are nothing more than a chimera.

    If those bonds do exist then send them to the people . The books should show them in my hands as an asset. Not in the governments hands as a debit.

    This entire program is generational theft. It was from the start.
     
  8. theunbubba
    Offline

    theunbubba Member

    Joined:
    Feb 28, 2009
    Messages:
    560
    Thanks Received:
    48
    Trophy Points:
    16
    Ratings:
    +48
    Yeah right, and you don't work for money either. You work for the altruistic pleasure of producing for the greater good. LMAO. Go sell sand to the Saudis. You'll have more success.
     

Share This Page