Should the Social Security and Medicare Age be Raised

[Lesh]

by issuing real T bills that are sold on the public exchange

Where does the money come from to BUY the "real T Bills"...

If you're saying it comes from the Public...where would that money GO?

You know of course that the Federal government does not have a savings account. It would go into the General Fund...just like the current "fake" T Bills do...or it would buy more "fake T Bills"

Kind of a convoluted way to ....do what exactly?.

 

[Ray From Cleveland]

All fine except the government telling you what to withdraw

If they didn't people may withdraw too much and find themselves out of money. Not everybody is respsonsible when it comes to money. In fact half of our population probably isn't. That's why we needed government to create SS in the first place.

 

[Ray From Cleveland]

Not sure what the answer is, because what the problem is, is that on the other side of the coin we have these extremely smart individuals that are very smart in a very corrupt way, manipulating even the average to middle of the road intellectual voter's. So they get elected, and the destructive bull crap just keeps repeating itself over and over again. So it's not so much as to blame the dumb voter so to speak, but actually it's more about the average to upper class citizen's not allowing corrupt manipulative politicians to occupy power because of them.

I would disagree because politicians (no matter how slick) are easily spotted by those of us who are political junkies like we are in USMB. The real problem is no matter how they reveal themselves, Democrats vote for them anyway because half don't even know what they are voting on.

Joe Biden ran against one of the greatest Presidents we've had in our lifetime. The man was a renown liar, plagiarist, stories out there of how he used his VP position to make his family rich, spent a lifetime in politics and accomplished virtually nothing, and who's drug addict son was under investigation by the FBI for matters Joe too was involved in. And he got the record amount of votes?

Even today with inflation the highest it's ever been in over 40 years, supply chain shortages, labor shortages, record amount of covid deaths, the border the worst it's been in 20 years according to the Border Patrol, he still has a 40% approval rating. How does that happen unless you have a lot of stupid people? Even his drug addict son is selling his paint-by-numbers artwork to anonymous buyers for 75K to 500K. I would bet that many of that 40% don't even know anything about it.

So I'll hold my stance that our problem is less crooked politicians than it is the stupid voting.

 

[Ray From Cleveland]

OK and?

And you're claiming it only started with Reagan.

According to you leftists everything was Reagan's fault. The fall of unions in the private sector, the growing gap between the haves and have nots, the deterioration of the middle-class, robbing of the SS, all the fault of one man who's been out of office for more than 30 years. In that time Reagan was presiding with a Democrat House, and we've had two Democrat administrations for 8 years each, both with an all Democrat House that never fixed these so-called mishaps of Ronald Reagan.

 

[dblack]

It's a Federally mandated part of it. Take that away and the employee never sees it. It goes into the employer's pocket

Really? Because that whole system is the basis of my current retirement.

What is NOT good for me is people like you trying to screw with my retirement.

What is not good for my SON is people like you trying to trash the whole system

No one is looking to screw with your current retirement. The question is whether the program is good going forward, whether it really needs to be controlled by government.

 

[Lesh]

No one is looking to screw with your current retirement. The question is whether the program is good going forward, whether it really needs to be controlled by government.

Well nothing Bluesman is talking about fixes anything

 

[Lesh]

And you're claiming it only started with Reagan.

Reagan brokered the deal that massively FUNDED the Trust Fund by increasing payroll taxes.

Did you not know that?

Then stop talking.

 

[Blues Man]

OK and?

Where does the money come from to BUY the "real T Bills"...

If you're saying it comes from the Public...where would that money GO?

You know of course that the Federal government does not have a savings account. It would go into the General Fund...just like the current "fake" T Bills do...or it would buy more "fake T Bills"

Kind of a convoluted way to ....do what exactly?.

Don;t you know how bonds work?

 

[Blues Man]

If they didn't people may withdraw too much and find themselves out of money. Not everybody is respsonsible when it comes to money. In fact half of our population probably isn't. That's why we needed government to create SS in the first place.

I don't think it's the government's business to tell people how much of their own money they can use.

 

[Ray From Cleveland]

I don't think it's the government's business to tell people how much of their own money they can use.

Neither do I, but of they don't, then irresponsible people will drain their funds not expecting to get very old and we'd have to bail them out. We are not going to allow old people to starve even if what they did was stupid.

 

[Lesh]

We are not going to allow old people to starve even if what they did was stupid.

Bluesman is telling you that he just doesn't care

 

[Ray From Cleveland]

Reagan brokered the deal that massively FUNDED the Trust Fund by increasing payroll taxes.

Did you not know that?

Then stop talking.

Of course I know that. It's why SS didn't run out of money years ago. It seemed like you two were discussing borrowing SS funds and spending them. That's why I chimed in.

 

[Blues Man]

Neither do I, but of they don't, then irresponsible people will drain their funds not expecting to get very old and we'd have to bail them out. We are not going to allow old people to starve even if what they did was stupid.

We do not have to bail them out.

Sooner or later the little birds have to learn to fly and I think 50 or more years is plenty of time for them to learn

 

[Ray From Cleveland]

Bluesman is telling you that he just doesn't care

I think he's telling me we don't need government to referee a new system. He may be responsible with money, you may be responsible with money, but the truth of the matter is a lot of people are not, and for those people we need government regulations to make sure they don't do anything stupid.

 

[Concerned American]

It is mostly IOUs..................Really!!

Not mostly--ALL. The politicians saw all that money that they could spend and raided it with the promise of paying it back, but political promises are the same as what fills septic tanks.

 

[Blues Man]

Bluesman is telling you that he just doesn't care

I do care about people which is why I want them to be able to reap the rewards of their labor and realize some actual financial prosperity instead of being squeezed for every dime possible by the fucking government to pad it's wanton and reckless spending.

YOU want people to be kept poor and have the fruits of their labor robbed from them

 

[Concerned American]

Sooner or later the little birds have to learn to fly

If Only--nearly sixty years of affirmative action shows that doesn't work.

 

[Ray From Cleveland]

We do not have to bail them out.

Sooner or later the little birds have to learn to fly and I think 50 or more years is plenty of time for them to learn

You know how our media is. You know how Democrats are. Do you really think we would allow a 70 old woman to die from starvation or lack of medicaion because they couldn't handle their own funds? I'm on your side. Let people take responsibility for their actions, but our country would never allow it. Furthermore if we did, the Democrats would make the case for getting rid of privatization of our new system and go back to the government ran system and we're right back where we started.

 

[Blues Man]

If Only--nearly sixty years of affirmative action shows that doesn't work.

You know how our media is. You know how Democrats are. Do you really think we would allow a 70 old woman to die from starvation or lack of medicaion because they couldn't handle their own funds? I'm on your side. Let people take responsibility for their actions, but our country would never allow it. Furthermore if we did, the Democrats would make the case for getting rid of privatization of our new system and go back to the government ran system and we're right back where we started.

Medicare would still be in force. There's no mention of ending it here.

The thing is there are already legal avenues to have someone declared incompetent and have their finances placed in the hands of a third party.

 

[Ray From Cleveland]

Medicare would still be in force. There's no mention of ending it here.

The thing is there are already legal avenues to have someone declared incompetent and have their finances placed in the hands of a third party.

Lol, we don't even do that now unless you're Britney Spears. Medicare only covers medication if you have Part D which is optional. If somebody spends all their money they certainly are not going to get enough coverage for what they need.

I go on Medicare in May, and I'm buying the best plan they have to cover every stupid thing under the sun, but a lot of people won't do that.