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Obama's new social security cuts: removes essentially 3 months pay out of a year.

 
Anonymous Coward
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12/23/2012 02:33 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
According to the AARP, "A typical 80-year-old woman will lose the equivalent of three months worth of food annually" under this plan.

This is a bad deal for current retirees. And it'll hit future retirees even harder, because the proposal cuts Social Security more and more with each passing year. After 10 years, benefits would be cut by about $500 a year for the average retiree. After 20 years, benefits would be cut by about $1,000 a year. And beyond that, it just gets worse.

[link to www.aarp.org]
 Quoting: BlueSage 13


AARP backed the son-of-a-bitch, encouraging seniors to vote for him. Useful idiots, every one of them.
BlueSage 13 (OP)

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12/23/2012 02:35 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
According to the AARP, "A typical 80-year-old woman will lose the equivalent of three months worth of food annually" under this plan.

This is a bad deal for current retirees. And it'll hit future retirees even harder, because the proposal cuts Social Security more and more with each passing year. After 10 years, benefits would be cut by about $500 a year for the average retiree. After 20 years, benefits would be cut by about $1,000 a year. And beyond that, it just gets worse.

[link to www.aarp.org]
 Quoting: BlueSage 13


AARP backed the son-of-a-bitch, encouraging seniors to vote for him. Useful idiots, every one of them.
 Quoting: Anonymous Coward 990186


Seriously? I don't remember AARP backing obama? I know they backed Kerry years ago though.

Last Edited by Natures Wrath on 12/23/2012 02:35 PM
My magic is both from Source and Soul. I love everything for what it is...a means to an end. I love the fact we are all puzzle pieces to a Grand Master Design.

Oh God, where art though? Why must our souls be shards, is it a dirty trick or lesson or a test?

Our free will is nearly begotten.
Anonymous Coward
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12/23/2012 02:35 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.

 Quoting: Anonymous Coward 24545480
The people who have paid into this social security program for most of their lives knows it is no free handout. But a pension program paid into it for our retirement. Stop letting on like we are not entitled to our own money!
BlueSage 13 (OP)

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12/23/2012 02:36 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.

 Quoting: Anonymous Coward 24545480
The people who have paid into this social security program for most of their lives knows it is no free handout. But a pension program paid into it for our retirement. Stop letting on like we are not entitled to our own money!
 Quoting: Anonymous Coward 22728347


Careful with that edict. Do you really want that $60 a week you paid in? :P
My magic is both from Source and Soul. I love everything for what it is...a means to an end. I love the fact we are all puzzle pieces to a Grand Master Design.

Oh God, where art though? Why must our souls be shards, is it a dirty trick or lesson or a test?

Our free will is nearly begotten.
Anonymous Coward
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12/23/2012 02:37 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.
 Quoting: Anonymous Coward 24545480


Hey dip How is SS a handout? You stupid idiot! We paid with our hard earned money for this.. It's our money u stupid F***
Anonymous Coward
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12/23/2012 02:38 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.

 Quoting: Anonymous Coward 24545480
The people who have paid into this social security program for most of their lives knows it is no free handout. But a pension program paid into it for our retirement. Stop letting on like we are not entitled to our own money!
 Quoting: Anonymous Coward 22728347


We really about to try and conclude that AARP should have advocated Romney? The elderly (like everyone else) was stuck with a shit choice and a shittier choice, by design, so this would be the end outcome either way.

Illusion of choice hurts doesn't it?
BlueSage 13 (OP)

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12/23/2012 02:39 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.
 Quoting: Anonymous Coward 24545480


Hey dip How is SS a handout? You stupid idiot! We paid with our hard earned money for this.. It's our money u stupid F***
 Quoting: Anonymous Coward 1140065


So you're saying you only want the $50-ish you paid in weekly? Sure about that ... if I could just get you to sign on this dotted line.

Last Edited by Natures Wrath on 12/23/2012 02:39 PM
My magic is both from Source and Soul. I love everything for what it is...a means to an end. I love the fact we are all puzzle pieces to a Grand Master Design.

Oh God, where art though? Why must our souls be shards, is it a dirty trick or lesson or a test?

Our free will is nearly begotten.
Anonymous Coward
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12/23/2012 02:43 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.
 Quoting: Anonymous Coward 24545480


Hey dip How is SS a handout? You stupid idiot! We paid with our hard earned money for this.. It's our money u stupid F***
 Quoting: Anonymous Coward 1140065


So you're saying you only want the $50-ish you paid in weekly? Sure about that?
 Quoting: BlueSage 13


Most people on this board are never going to see any money from SS. Everyone on here advocating SS have no idea that is underfunded by TRILLIONS of dollars. With an exploding retirement rate we have less people paying into it and more people taking the entitlement. So people paid into it their whole life but for the last few decades those retires got way more than they ever paid in. This whole thing is a Ponzi Scheme and Ponzi Schemes by definition will not last. This thing is going to blow up in everyone's faces.
Anonymous Coward
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12/23/2012 02:44 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
$Trillions wasted on wars in Iraq, Afghanistan, Libya, etc. US military bases in over 100 countries. Thousands of troops still stationed in Europe, Japan, Afghan, etc. Dept of War budget can easily be cut by 25%.
BlueSage 13 (OP)

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12/23/2012 02:45 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.
 Quoting: Anonymous Coward 24545480


Hey dip How is SS a handout? You stupid idiot! We paid with our hard earned money for this.. It's our money u stupid F***
 Quoting: Anonymous Coward 1140065


So you're saying you only want the $50-ish you paid in weekly? Sure about that?
 Quoting: BlueSage 13


Most people on this board are never going to see any money from SS. Everyone on here advocating SS have no idea that is underfunded by TRILLIONS of dollars. With an exploding retirement rate we have less people paying into it and more people taking the entitlement. So people paid into it their whole life but for the last few decades those retires got way more than they ever paid in. This whole thing is a Ponzi Scheme and Ponzi Schemes by definition will not last. This thing is going to blow up in everyone's faces.
 Quoting: Anonymous Coward 30720973



And when the fighting gets good who will be fighting? Yea. Sucks.
My magic is both from Source and Soul. I love everything for what it is...a means to an end. I love the fact we are all puzzle pieces to a Grand Master Design.

Oh God, where art though? Why must our souls be shards, is it a dirty trick or lesson or a test?

Our free will is nearly begotten.
Just Some Guy

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12/23/2012 02:45 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
AARP?
They can all go to hell.
I remember them endorsing Obama both times.
They can all die.
Anonymous Coward
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12/23/2012 02:46 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
$Trillions wasted on wars in Iraq, Afghanistan, Libya, etc. US military bases in over 100 countries. Thousands of troops still stationed in Europe, Japan, Afghan, etc. Dept of War budget can easily be cut by 25%.
 Quoting: Anonymous Coward 2164937


Still wouldn't save SS and Medicare. Just the truth of it unfortunately
Anonymous Coward
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12/23/2012 02:47 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Social security is an entitlement. How can some of you not get that. You paid in a whole lot less than you have pulled out. And you are still on the dole pulling more out. Go ahead and calculate it. I will wait.... We, the working are supporting your laziness. This has to STOP.

Social security, unemployment, medicare, disability, etc. are all entitlement programs. You think what you paid in is less than what you have taken out? Get real. Even if you include interest, it is NOT EVEN CLOSE.

These entitlement programs need to stop. NOW.

You are living off the working. Go get help from your family, food banks, charity services, etc.

Or better yet, get a job.
Anonymous Coward
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12/23/2012 02:48 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Social security is an entitlement. How can some of you not get that. You paid in a whole lot less than you have pulled out. And you are still on the dole pulling more out. Go ahead and calculate it. I will wait.... We, the working are supporting your laziness. This has to STOP.

Social security, unemployment, medicare, disability, etc. are all entitlement programs. You think what you paid in is less than what you have taken out? Get real. Even if you include interest, it is NOT EVEN CLOSE.

These entitlement programs need to stop. NOW.

You are living off the working. Go get help from your family, food banks, charity services, etc.

Or better yet, get a job.
 Quoting: Anonymous Coward 24545480


That's racist.

/sarc/
Anonymous Coward
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12/23/2012 02:48 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
According to the AARP, "A typical 80-year-old woman will lose the equivalent of three months worth of food annually" under this plan.

This is a bad deal for current retirees. And it'll hit future retirees even harder, because the proposal cuts Social Security more and more with each passing year. After 10 years, benefits would be cut by about $500 a year for the average retiree. After 20 years, benefits would be cut by about $1,000 a year. And beyond that, it just gets worse.

[link to www.aarp.org]
 Quoting: BlueSage 13


AARP backed the son-of-a-bitch, encouraging seniors to vote for him. Useful idiots, every one of them.
 Quoting: Anonymous Coward 990186


Seriously? I don't remember AARP backing obama? I know they backed Kerry years ago though.
 Quoting: BlueSage 13


AARP supported the ObamaCareTax law. Now they are crying about Social Security. What a load of crap they are.
Anonymous Coward
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12/23/2012 02:49 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
.


AARP is a liberal jew/nwo toady organization
that has sold old people down the river.



.
palomine
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12/23/2012 02:52 PM

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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
The truth about Social Security is that it's a well-run program that is not in financial difficulty:

[link to www.ncpssm.org]
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." -- Arthur Schopenhauer
Anonymous Coward
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12/23/2012 02:53 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
.


After the fall of the USSR, at least Russian people
had something to sell to get by... here in the USA...
TPTB brainwash the masses to "declutter", "simplify"
and generally divest themselves of their possessions.




.
 Quoting: Anonymous Coward 18850150


^^^^^^^^^yeah that^^^^^^^^^

and now they want you to live in "tiny houses"
Anonymous Coward
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12/23/2012 02:54 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Old people have lived through the most prosperous time in our history. The fact that some don't have a savings and rely solely on social security is really their problem - why should people working 60 hours a week and barely feeding their own kids be responsible for these elderly who couldn't be bothered to save for a rainy day. They need to move in with their kids, nieces, and nephews like in the olden days - or deal with being sick and poor. I know that sounds cruel, but this is the reality of our economic times.
 Quoting: Anonymous Coward 7570540


Seriously, do you not know that those "old people" have paid in to social security their whole adult life? YOU are not the one paying for their monthly check, they ALREADY paid for it.

And yes, you sound heartless and cruel. Do you even have a Grandma?? You don't sound like the kind of person that would let her live in your home. And stupid on top of it.
 Quoting: Anonymous Coward 27352798


I don't know where the first AC gets his history, but those "prosperous" times were no different from these "prosperous" times. In other words, lots of people had 4-6 kids back then, lots worked in factories or as waitresses, and made minimum wage or just a bit more. Lots DID work 60 hours a week, a full time job and a part time job. Do you think they were somehow immune to having kids, paying for education, clothes, illnesses, rent/mortgage, insurances, emergency repairs, the same things you pay for now?

Like many people now, they didn't have a dime left to save for a rainy day. Things were not cushy for everyone, I really don't know who you are talking about. You must live in some rich social strata? People I know worked in dime stores, hospital clerks, secretaries, car washes, I mean they weren't all big income CEOs. Where are you seeing all these rich old people? Walk around some other neighborhoods and tell me what you see.

And ALL of them paid into social security, whether they wanted to or not, it was mandatory. And ALL of them were told what a good thing it was, because when they retired at age 62, they would start getting it back. YOU ARE NOT PAYING FOR THEM, THEY PAID FOR THEMSELVES. Why is it you don't get that? Why do you lump SS payments in with welfare and food stamps? They are completely different premises.

But then they raised the retirement age, and are talking about raising it to 70. Each time they raise it, if you retire before that age, you get reduced benefits. AAnd then the promises made, which people believed in good faith, get whittled down year by year, so that the money you were forced to pay in is never really returned to you for those "golden years" (who coined THAT phrase?) I know people who are not going to be able to retire until they are 75. Do you know anyone like that? From the way you talk, I doubt it. But I do.

I have a hard time understanding how you lump "all old people" into one category, then have the gall to judge them and make a pronouncement that they should "deal with being sick and poor" if they are unlucky enough to have survived their children or simply don't have relatives able to take them in. Yeah, you're right. You are cruel.
Anonymous Coward
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12/23/2012 02:55 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
The truth about Social Security is that it's a well-run program that is not in financial difficulty:

[link to www.ncpssm.org]
 Quoting: palomine


What utter garbage.

NCPSSM was founded in 1982 by former Congressman James Roosevelt, son of President Franklin D. Roosevelt who signed the Social Security Act into law.

All you need to know.
Anonymous Coward
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12/23/2012 02:57 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.

 Quoting: Anonymous Coward 24545480
The people who have paid into this social security program for most of their lives knows it is no free handout. But a pension program paid into it for our retirement. Stop letting on like we are not entitled to our own money!
 Quoting: Anonymous Coward 22728347


Careful with that edict. Do you really want that $60 a week you paid in? :P
 Quoting: BlueSage 13


If I could have had the $60 a week I paid in, plus the $60 the employer paid in, and invested it for the 50 years that I worked, Yeah, I want it.
Anonymous Coward
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12/23/2012 03:00 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.

 Quoting: Anonymous Coward 24545480
The people who have paid into this social security program for most of their lives knows it is no free handout. But a pension program paid into it for our retirement. Stop letting on like we are not entitled to our own money!
 Quoting: Anonymous Coward 22728347


Careful with that edict. Do you really want that $60 a week you paid in? :P
 Quoting: BlueSage 13


If I could have had the $60 a week I paid in, plus the $60 the employer paid in, and invested it for the 50 years that I worked, Yeah, I want it.
 Quoting: Anonymous Coward 30709105


You would have spent it on junk food and cigarettes. Face it, you are on the government handout program
Anonymous Coward
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12/23/2012 03:01 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Retards who voted for the Kenyan voted for their own slow extermination.

Serves 'em right.

dead
 Quoting: Anonymous Coward 30710377


And what exactly did your two U.S. Senators and One U.S. House Rep do?
Anonymous Coward
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12/23/2012 03:01 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.
 Quoting: Anonymous Coward 24545480


Guess what fucktard, people PAY into SS during their working lives. Give them back all the money they put in then.
Anonymous Coward
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12/23/2012 03:03 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
I thought I would just mention that SS, if it had been left as it was intended, would still be over funded. That means that we could have reduced the retirement age to 55 by now, and be able to pay about 35k for fully funded retirees. But the Congress in its infinite and far sighted wisdom, allowed the fund to be incorporated into the general budget, the retirement age increased, and the benefits to shrink. Its Congress that makes the laws. They create the fiscal problems that we now face by spending our tax money on programs that earn them votes. Gee why can't everybody see that. Dems have given our tax money to those who have not earned a place in our society by entitling them with certain rights ( read as payments) Fund programs for "disadvantaged people" , given money to special interest groups, despite funding a campaign to promote equality. And the big killer has been to promote the idea that everyone deserves a home, a loan, whether they can pay for it or not. All the while doing nothing but encouraging the jobs to be sent over seas. No jobs= no money, no money = foreclosure, foreclosure =banks in trouble, banks in trouble = bale-out. bale-out = borrow more money from china cause we are sending trillions of tax dollars overseas to fund economic and military aid to who( Egypt, Libya, Saudi Arabia, Iraq,Afghanistan, Jordan, Pakistan, Sudan,Ethiopia, etc etc etc.) They have not mentioned cutting one dollar of foreign spending, yet want to call for cuts to SS as an entitlement. But do not touch welfare, breakfast/lunches for illegal immigrants, housing developments to get people out of public housing,etc, give me a fucking break.
Anonymous Coward
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12/23/2012 03:04 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Social security is an entitlement. How can some of you not get that. You paid in a whole lot less than you have pulled out. And you are still on the dole pulling more out. Go ahead and calculate it. I will wait.... We, the working are supporting your laziness. This has to STOP.
 Quoting: Anonymous Coward 24545480


That's BS, actually you pull out LESS than what you put in because under real inflation rates your money loses about 15 percent value a year. So you actually do not get ANYTHING from the first years that you paid into SS over the course of a long working life until you retire. That money you paid in has been stolen by inflation.
MarkinAZ

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12/23/2012 03:05 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
SS ought to use their heads in this business of "cuts".

For people who are paying taxes on substantial investment income, they should have their SS cut by a substantial margin. When they cross the 200k per year income level (exclusive of SS) then their SS benefits should be discontinued (adjusted for inflation and cost of living, etc. as all long term benefit structure should be.)

HOWEVER, the people who have no other income save for SS should be guaranteed a "boost" up to the average income for a single person in their area. If SS is all the have, then it should be enough to allow them to live iwth some shred of dignity and not be forced to eat dog food, etc.

There are MANY wealthy people (including quite a few congressmen and senators who collect SS benefits on top of their substantial salaries. that's absurd. If they don't need it, take it away from them and give it to those who do not have the huge private investment money , etc.
Anonymous Coward
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
I thought I would just mention that SS, if it had been left as it was intended, would still be over funded. That means that we could have reduced the retirement age to 55 by now, and be able to pay about 35k for fully funded retirees. But the Congress in its infinite and far sighted wisdom, allowed the fund to be incorporated into the general budget, the retirement age increased, and the benefits to shrink. Its Congress that makes the laws. They create the fiscal problems that we now face by spending our tax money on programs that earn them votes. Gee why can't everybody see that. Dems have given our tax money to those who have not earned a place in our society by entitling them with certain rights ( read as payments) Fund programs for "disadvantaged people" , given money to special interest groups, despite funding a campaign to promote equality. And the big killer has been to promote the idea that everyone deserves a home, a loan, whether they can pay for it or not. All the while doing nothing but encouraging the jobs to be sent over seas. No jobs= no money, no money = foreclosure, foreclosure =banks in trouble, banks in trouble = bale-out. bale-out = borrow more money from china cause we are sending trillions of tax dollars overseas to fund economic and military aid to who( Egypt, Libya, Saudi Arabia, Iraq,Afghanistan, Jordan, Pakistan, Sudan,Ethiopia, etc etc etc.) They have not mentioned cutting one dollar of foreign spending, yet want to call for cuts to SS as an entitlement. But do not touch welfare, breakfast/lunches for illegal immigrants, housing developments to get people out of public housing,etc, give me a fucking break.
 Quoting: Anonymous Coward 27640901


clappaclappaclappa
Anonymous Coward
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12/23/2012 03:07 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
We need to end social security right NOW.

These people need to work. If they cannot work then their family needs o support them. It is as simply as that.

No more handouts. No more free ride.

 Quoting: Anonymous Coward 24545480
The people who have paid into this social security program for most of their lives knows it is no free handout. But a pension program paid into it for our retirement. Stop letting on like we are not entitled to our own money!
 Quoting: Anonymous Coward 22728347


Careful with that edict. Do you really want that $60 a week you paid in? :P
 Quoting: BlueSage 13
It still balances well in the favor of the government considering all those who paid in who died before reaching retirement age; like my father, my 2 Grand fathers, both Grandmothers, and many other relatives.
TSWB21

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12/23/2012 03:07 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
The reason these a-hole hate social security is because the business matches the taxes you pay into the system.

Just a heads up.Business dont match shit on food stamps.

So if i had to guess why the remove ss is being pushed so hard is because business's dont like to pay the tax.

From my personal ss payments and company's matching over the years i have paid in about 80k.

$40k of personal money and 40k the company's have paid.

Its all about business and profit. its not a handout . you will never get the money back you paid in. But they have many people that are getting ss disability insurance that didnt ever work .

News