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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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The French Connection
Short, accurate, and to the point.
http://www.usatoday.com/news/opinion/editorials/2006-03-20-paris-edit_x.htm
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." Last edited by legion; 03-21-2006 at 11:27 AM.. |
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03-21-2006, 11:08 AM
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Linky no worky.
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2022 BMW 530i 2021 MB GLA250 2020 BMW R1250GS |
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03-21-2006, 11:18 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Link fixed. Sometimes links to Yahoo News get majorly hosed.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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03-21-2006, 11:27 AM
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Nah, I still feel smug and superior.
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2022 BMW 530i 2021 MB GLA250 2020 BMW R1250GS |
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03-21-2006, 11:31 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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I'm 27.
If the federal government told me that I could forfeit all that I have paid into Social Security as of today and never have to pay into it again starting tomorrow, I'd be all for it.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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03-21-2006, 11:56 AM
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Quote:
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2022 BMW 530i 2021 MB GLA250 2020 BMW R1250GS |
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03-21-2006, 12:02 PM
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Too big to fail
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Social Security is nothing more than a thinly-veiled income tax.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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03-21-2006, 12:30 PM
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Registered
Join Date: Oct 2002
Location: SE PA
Posts: 3,188
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Another good, on-topic link...
Old age is changing. So should Social Security. http://www.slate.com/id/2138210/ |
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03-21-2006, 12:37 PM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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32 and will also forfeit prior contributions.
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Cornpoppin' Pony Soldier |
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03-21-2006, 12:39 PM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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I also meant to say that I would also forfeit any future benefits...
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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03-21-2006, 12:43 PM
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Registered
Join Date: Dec 2004
Location: Brooklyn, USA
Posts: 1,908
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Work till 62 with few savings, live to 90 and spend 28 years on welfare.
Grim reality for those of us paying for it. |
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03-21-2006, 12:44 PM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Quote:
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Cornpoppin' Pony Soldier |
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03-21-2006, 12:45 PM
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Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
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I repeat my comment from another thread.
We might be seeing the last generation that can both own a single home and retire.
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Bob S. former owner of a 1984 silver 944 |
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03-21-2006, 12:47 PM
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Join Date: Dec 2002
Location: Worcester County, MA
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03-21-2006, 12:47 PM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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So...sounds like people would like to "opt-out" of Social Security.
This would help reduce the burden on the system, as people like myself would give up the right to benefits. It will never fly. People like me are actively preparing for retirement and not counting on a dime from Social Security to begin with. I am just the kind of person Social Security needs to shift its burden to to stay afloat. People who would choose to "opt-in" are probably the least prepared for retirement. That would shift the burden to the least prepared members of society while the well-prepared flee the system. The ideal solution, from Social Security's perspective, is to make someone like me continue to pay into the system, and get me to forfeit benefits. Then it can become the wealth-redistribution system it has always wanted to become...
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." Last edited by legion; 03-21-2006 at 01:05 PM.. |
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03-21-2006, 01:00 PM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Oh, make no mistake I AM totally unprepared for retirement. I have pretty much nothing set aside and I still don't want to be in the SSI system. Keep what I've given you and set me free.
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Cornpoppin' Pony Soldier |
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03-21-2006, 01:09 PM
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Too big to fail
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If any of us came up with a system that mimic'd SS, we'd get a 1st-class ticket to federal pound-me-in-the-ass prison.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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03-21-2006, 01:10 PM
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drag racing the short bus
Join Date: May 2002
Location: Location, Location...
Posts: 21,983
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You guys forget that even if you do paid into the system, by 65 (or 70) you very well might have made too much money to collect any of what you contributed.
I agree - the only ones who would "opt in" are so far down the pay scale in terms of cost of living, they'll probably be bankrupt by their mid-forties.
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The Terror of Tiny Town |
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03-21-2006, 01:43 PM
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Quote:
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My work here is nearly finished.
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03-21-2006, 02:15 PM
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Registered
Join Date: Jul 2004
Location: Maryland
Posts: 31,572
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Quote:
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1996 FJ80. |
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03-21-2006, 02:32 PM
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Only Porsche
Only bike
