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Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??

 
DragonsFall
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User ID: 954912
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07/06/2010 05:27 PM

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Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
" They thought you would die at 57, and that's why they set the date at 65"

This part starts at the 3:15 mark or so....

not sure how to embed this vid...

[link to vimeo.com]

Last Edited by DragonsFall on 07/06/2010 05:28 PM
Anonymous Coward
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07/06/2010 05:29 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
Now they want to raise it to 70Yrs...
Anonymous Coward
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07/06/2010 05:32 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
now you understand!
cdwarior
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07/06/2010 05:35 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
It's all about promises and getting elected. This is why 50 years of Democrat treason was tolerated.
DragonsFall (OP)

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07/06/2010 05:36 PM

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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
yep, at about 6:25 he says it clearly...

"it was setup to take care of poor guys in the depression who lost their butts ... it was never a retirement, it was an income supplement"
Anonymous Coward
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07/06/2010 05:38 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
"it was never a retirement, it was an income supplement"

well some truth at least
Anonymous Coward
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07/06/2010 05:39 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
They are hoping you will kick the bucket and will not have to pay YOU what you paid into so many years of slave labor working.

This is one reason why they pollute the food, air and water.

This is one reason they want you on medications--poison.

This is why your grocery store food ; most of it; is full of High Fructose corn syrupe additive. So that you get a disease and die early.
DragonsFall (OP)

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07/06/2010 05:40 PM

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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
yeah, this part really bothered me..

" They thought you would die at 57, and that's why they set the date at 65"

It looks like it was just another way to tax the public in the disguise of a 'benefit' that backfired on them.
DragonsFall (OP)

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07/06/2010 05:45 PM

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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
I did a little more digging on this. It looks like it was setup to encompass more than just retirement.. something I really wasn't aware of.

From wikipedia:

Social Security refers to the federal Old-Age, Survivors, and Disability Insurance (OASDI) program in the United States.

The original Social Security Act[1] (1935) and the current version of the Act, as amended[2] encompass several social welfare and social insurance programs. The larger and better known programs are:

* Federal Old-Age, Survivors, and Disability Insurance
* Unemployment benefits
* Temporary Assistance for Needy Families
* Health Insurance for Aged and Disabled (Medicare)
* Grants to States for Medical Assistance Programs (Medicaid)
* State Children's Health Insurance Program (SCHIP)
* Supplemental Security Income (SSI)

U.S. Social Security is a social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund.[3]

The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). When initially signed into law by President Franklin D. Roosevelt in 1935 as part of his New Deal, the term Social Security covered unemployment insurance as well. The term, in everyday speech, is used to refer only to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. In 2004 the U.S. Social Security system paid out almost $500 billion in benefits.[4]

By dollars paid, the U.S. Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget, with 20.8% for social security, compared to 20.5% for discretionary defense and 20.1% for Medicare/Medicaid.[5] Social Security is currently the largest social insurance program in the U.S., constituting 37% of government expenditure and 7% of the gross domestic product[6] and is currently estimated to keep roughly 40% of all Americans age 65 or older out of poverty
Anonymous Coward
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07/06/2010 05:49 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
I did a little more digging on this. It looks like it was setup to encompass more than just retirement.. something I really wasn't aware of.

From wikipedia:

Social Security refers to the federal Old-Age, Survivors, and Disability Insurance (OASDI) program in the United States.

The original Social Security Act[1] (1935) and the current version of the Act, as amended[2] encompass several social welfare and social insurance programs. The larger and better known programs are:

* Federal Old-Age, Survivors, and Disability Insurance
* Unemployment benefits
* Temporary Assistance for Needy Families
* Health Insurance for Aged and Disabled (Medicare)
* Grants to States for Medical Assistance Programs (Medicaid)
* State Children's Health Insurance Program (SCHIP)
* Supplemental Security Income (SSI)

U.S. Social Security is a social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund.[3]

The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). When initially signed into law by President Franklin D. Roosevelt in 1935 as part of his New Deal, the term Social Security covered unemployment insurance as well. The term, in everyday speech, is used to refer only to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. In 2004 the U.S. Social Security system paid out almost $500 billion in benefits.[4]

By dollars paid, the U.S. Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget, with 20.8% for social security, compared to 20.5% for discretionary defense and 20.1% for Medicare/Medicaid.[5] Social Security is currently the largest social insurance program in the U.S., constituting 37% of government expenditure and 7% of the gross domestic product[6] and is currently estimated to keep roughly 40% of all Americans age 65 or older out of poverty
 Quoting: DragonsFall

Its all bankrupt or close to it. No more monies. Not sure what they are operating on but the system is going down and those who are in their 20s and 30s today will not see it.



All of these were added later and helped to tank the system:


* Federal Old-Age, Survivors, and Disability Insurance


* Health Insurance for Aged and Disabled (Medicare)
* Grants to States for Medical Assistance Programs (Medicaid)
* State Children's Health Insurance Program (SCHIP)
* Supplemental Security Income (SSI)
Anonymous Coward
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07/06/2010 05:49 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
just part of the soft kill program like poisoning food and water.

the benefits held out are the carrot - death is the stick along with unemployment and homelessness as lesser coercive elements.

plus, they know where your family lives.
Anonymous Coward
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07/06/2010 08:11 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
I love the part where people who have never and will never pay in get benefits, but I've paid in all my life and never will. And I can't leave it to anyone once I'm gone!

Robbery.
Anonymous Coward
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07/06/2010 08:14 PM
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Re: Am I Understanding This Correctly ??? You where NEVER suppose to get the social security money you paid in??
YOU NOTICE THAT THESE ELECTED DICKHEADS NEVER CALL IT A "LOCKBOX' ANYMORE?

WHAT HAPPENED TO THAT, THEY USED TO LOVE THAT FUCKING TERM FOR SSI.

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