Communism

[King Dan of Great the 1st]

So your meal is added into the price and if you dont want the meal a "certain percentage" gets donated to charity?. Lol.

Just lower the flight price and do on flight food purchases only then. Lol.

Trying to act righteous charging full price meal included and will give to charity while holding back some of the meal cash for more profit.


Japan Airlines asks passengers to skip meals with new service https://www.nzherald.co.nz/travel/j...-with-new-service/BMHRUDDZBNCRRHVJEEOO45H23I/

 

[King Dan of Great the 1st]

Central banks and fiat dollars

 

[miamited]

Hi King Dan of Great the 1st

I mean right now im working to pay a retired multi millionaire living in luxury probably out on there super yacht gussling like 1000 galons of gas an hour while soaking up the sunshine. Lol. Meanwhile the struggling retired broke are waiting for there next payday so they can eat and pay the rent.

I don't know if you see it this way, but what you describe, as far as your feelings and emotions regarding this issue is a form of covetousness. Everybody who pays the required number of quarter credits of work into the SS system, gets to draw out of the SS system...except for some who are classified as non-citizen that still work and pay in, but don't get to draw out if they remain in that status.

So, let's not focus our eyes on what the rich get that they likely don't need, but rather on what we get individually to help us along in our old age. I'm very thankful, every month when I get my $2500. check that our government has provided that for me and will pay it to me every month for the rest of my natural life. Since my house is paid for at this stage in my life, that $2500. check could, if necessary, pay about all of my monthly bills. I find that to be a nice relief.

God bless,
Ted

 

[Milk-Drops]

I'm not a fan of that program but the fact is up to the year it went into affect no payroll taxes were taken

Correct. Its a generational funding.

 

[miamited]

Correct. Its a generational funding.

Hi Milk-Drops

Right! And a lot of people don't seem to get that. They have this idea that over the their working years they have put money into some sort of government operated savings account that will grow and earn interest and when I get ready to retire, I'll be withdrawing my own money back.

Nope! Each year the current SS taxpayers are paying for the checks that are sent out that year to retirees.

There is no savings. There is no interest. It's merely a 'total cash in' = 'total cash out'/year.

God bless,
Ted

 

[Milk-Drops]

What!!????

I was responding to another poster. I know socialism usually means a centralized economy and no one owning capital.

 

[jasonc]

Hi Milk-Drops

Right! And a lot of people don't seem to get that. They have this idea that over the their working years they have put money into some sort of government operated savings account that will grow and earn interest and when I get ready to retire, I'll be withdrawing my own money back.

Nope! Each year the current SS taxpayers are paying for the checks that are sent out that year to retirees.

There is no savings. There is no interest. It's merely a 'total cash in' = 'total cash out'/year.

God bless,
Ted

I know that and known It for years ,but there is a law against private pensions that operate the same way ,yup those old pensions of say gm had to fully funded before paying out

My own city pension is gone because it went south .it doesn't have enough to pay out so they simply ended it .
Less workers paying for the current ones on it .no it's a trust funded by taxation .

 

[miamited]

Hi jasonc

but there is a law against private pensions that operate the same way ,yup those old pensions of say gm had to fully funded before paying out

Yes, well some private insurer doesn't have the backing of the federal government if things go south. So yes, as a matter of regulation, insurers have to keep a certain amount of cash available to pay retirement claims. Again, your city pension doesn't have the funding available for tough times, as the federal government has.


And no, it is not correct that they 'had to be fully funded before paying out'. Most underfunded accounts still pay out, until the money is gone.

God bless,
Ted

 

[jasonc]

Hi jasonc



Yes, well some private insurer doesn't have the backing of the federal government if things go south. So yes, as a matter of regulation, insurers have to keep a certain amount of cash available to pay retirement claims. Again, your city pension doesn't have the funding available for tough times, as the federal government has.


And no, it is not correct that they 'had to be fully funded before paying out'. Most underfunded accounts still pay out, until the money is gone.

God bless,
Ted

No .you right there's no law that you have collect social security


You can't fail to pay tax for it .no guarantee that you live long enough .you can as my dad did die and fb survivor and mom only get 257 bucks

You are so right social security is so wonderful that there no need to raise it's payemeyt ..no way that there's elderly living in cars and collecting .that's all a lie .

 

[jasonc]

High rents outpace federal disability payments, leaving many homeless

Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.

www.npr.org

My whole point is that with SSI,as not that I don't know my wife and dad was on it is the above .

I work my wife would be homeless should we divorce or I die abd not have

 

[jasonc]

High rents outpace federal disability payments, leaving many homeless

Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn't kept pace with inflation. Many recipients are homeless, unable to save for an apartment.

www.npr.org

My whole point is that with SSI,as not that I don't know my wife and dad was on it is the above .

I work my wife would be homeless should we divorce or I die abd not have

Continues life insurance and or plan .

To say ss lifts people out of poverty when it really doesn't see the above .

Discourages saving .my dad would have died in a ditch somewhere without care even with medicare based on the above facts as he like I di recieved money and a lawyer worked around that .

You can't nor should you promise something when you really can't .

I get the good Faith but I know from the. VA said good Faith is anything but and the SS is the same .

 

[donadams]

Hi donadams

I imagine that there may be quite a few grandparents who didn't pay in but received benefits. Anyone who retired, or didn't work, after 1937 wouldn't have paid into the fund when the taxes were first assessed in that year.

God bless
Ted

The new deal was socialism
After the banksters fraudulently got the (1 percent) income tax it took then only 15 years to bankrupt the country and force it into recivership and is now a foreign owned corporation without a constitution
Supposedly thanks

 

[jasonc]

I'm not a fan of ss,but well it's not socialism.

If it was then the u.k.,isreal and the nato and SEATO was actually communist.

Now using that logic ,the western European bloc versus the Warsaw pact was two communist nations fighting .

Yes Europa may be more socialistic but not quite soviet style .

The VA pays a rating does that make the VA which is older then FDR's ss program a socialist concept ?

 

[King Dan of Great the 1st]

Hi King Dan of Great the 1st

I don't know if you see it this way, but what you describe, as far as your feelings and emotions regarding this issue is a form of covetousness. Everybody who pays the required number of quarter credits of work into the SS system, gets to draw out of the SS system...except for some who are classified as non-citizen that still work and pay in, but don't get to draw out if they remain in that status.

So, let's not focus our eyes on what the rich get that they likely don't need, but rather on what we get individually to help us along in our old age. I'm very thankful, every month when I get my $2500. check that our government has provided that for me and will pay it to me every month for the rest of my natural life. Since my house is paid for at this stage in my life, that $2500. check could, if necessary, pay about all of my monthly bills. I find that to be a nice relief.

God bless,
Ted

You may have misunderstood me. I dont envy or am jealous of the rich. I have even said many times it don't worry me how wealthy someone is. All I was saying is because we talking about the system I don't think a multi millionaire at 65 needs welfare support. Lol. Just like someone who has a fulltime job and can support themselves don't need welfare support.

At retirement age if your broke you should apply for a pension and those who need it get it. That's all I was saying. A billionaire doesn't really need a welfare check each week at 65.

 

[miamited]

You may have misunderstood me. I dont envy or am jealous of the rich. I have even said many times it don't worry me how wealthy someone is. All I was saying is because we talking about the system I don't think a multi millionaire at 65 needs welfare support. Lol. Just like someone who has a fulltime job and can support themselves don't need welfare support.

At retirement age if your broke you should apply for a pension and those who need it get it. That's all I was saying. A billionaire doesn't really need a welfare check each week at 65.

Hi King Dan of Great the 1st

I got it. Yeah, I'm sure you didn't mean to be covetous in the matter and I only sent the message as a warning not to be. I don't agree that you have to be broke. But unfortunately, neither would it be fair to make the rich pay into a system that they won't get anything out of.

As I wrote, I retired unofficially 17 years ago at the age of 50, but I've now become eligible for SS and I waited until FRA and get about $2700., although they take $164 out for Medicare. But I worked for a large company and have a pension through them and I also have some investment money that I am also taking a monthly draw off of. I'm ok, but I wouldn't classify myself as rich, maybe just above halfway of middle class.

God bless,
Ted

 

[miamited]

The new deal was socialism
After the banksters fraudulently got the (1 percent) income tax it took then only 15 years to bankrupt the country and force it into recivership and is now a foreign owned corporation without a constitution
Supposedly thanks

Well, I don't see it that way.

God bless,
Ted

 

[King Dan of Great the 1st]

Hi King Dan of Great the 1st

I got it. Yeah, I'm sure you didn't mean to be covetous in the matter and I only sent the message as a warning not to be. I don't agree that you have to be broke. But unfortunately, neither would it be fair to make the rich pay into a system that they won't get anything out of.

As I wrote, I retired unofficially 17 years ago at the age of 50, but I've now become eligible for SS and I waited until FRA and get about $2700., although they take $164 out for Medicare. But I worked for a large company and have a pension through them and I also have some investment money that I am also taking a monthly draw off of. I'm ok, but I wouldn't classify myself as rich, maybe just above halfway of middle class.

God bless,
Ted

I I mean someone could still own there own house and have assets and still need welfare at retirement, I mean can't expect someone to sell there house and live off that.

I was more talking about like if someone has millions in shares or hundreds of thousand in the bank I don't think they need welfare, they invested until retirement and have the funds available to support there retirement. That's what it's all about, saving for retirement so dont need welfare.

Most people if lucky maybe only end up with there own house by retirement and no other investments to live on in there retirement.

 

[Milk-Drops]

The new deal was socialism

Nope, the entire point of the New Deal was to prevent a socialist uprising in the USA.

After the banksters fraudulently got the (1 percent) income tax it took then only 15 years to bankrupt the country and force it into recivership and is now a foreign owned corporation without a constitution
Supposedly thanks

NH, the Constitution still functions and the US is not owned by any foreign corporation.

 

[donadams]

were they some of the first to recieve it or Lready retires when it came into place?

Some of the first

 

[King Dan of Great the 1st]

So the sytem is broken, no eggs, and they don't encourage people to get there own chickens?

I might get some chickens and be self sufficient and not rely on a system that has no food.

‘Please don’t get a chicken’: New Zealand egg shortage sparks scramble for poultry

Ban on battery cages sparks egg shortage and soaring interest in poultry, but animal charity warns that chickens are not just egg machines

www.theguardian.com