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

 
Anonymous Coward
User ID: 30723779
United States
12/23/2012 03:52 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


I think that Social Security should only pay back what people have paid in with interest.Once they draw or receive that much medical costs then cut them off.Majority would only draw a couple years at most.
 Quoting: Anonymous Coward 30723779


Excellent suggestion.
 Quoting: Anonymous Coward 24545480


Yep because after they have received what they paid in with interest it becomes welfare.I dont care how you look at it.

Really pisses me off to hear all the put downs from that generation about what others get because after all THEY worked and paid in all their life.Yes they did and they deserve what they paid in with interest and THATS ALL.

Most are clueless as to how much they cost the system and how much they use the system.Even if they only live 5 years and draw $2000 monthly thats $120,000 cash benefits.Can only imagine what monthly medical costs are for most.At least that much or more in those 5 years time in many cases way more.So thats $240,000 for 5 years.A lot live way more than 5 years after retiring and receive higher amounts.Medical costs alone eat up way more than 99% ever paid in not counting any cash benefits.

But they dont want to hear that and refuse to add up what they cost over and above what they could have paid in.It welfare plain and simple.
Anonymous Coward
User ID: 7570540
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12/23/2012 03:54 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
What the government really needs to do is stop all these government workers from retiring after 20 or 30 years. Vest them and let them beginning collecting at 67 like the rest of us. Then, don't offer such programs for new hires and let them get SS when they are elderly like everyone else. Use the surplus gained from this to help fund SS.

Next, they need to immediately raise the retirement age to 70. Seventy isn't old and feeble today unless you didn't take care of yourself.

Then, they need to charge a surcharge on life-style related health issues. Why are we supplementing fat old people's alcohol issues, heart care, type II diabetes?
Anonymous Coward
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12/23/2012 03:54 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
...
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
At 7% interest.
 Quoting: stars


Hell why not ask for at least 10% and tell us where to invest to get 7%
Anonymous Coward
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12/23/2012 03:54 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Make no mistake, the AARP is after anything which screws anyone else in this country except them. Who do you think is pushing to end the tax deduction of mortgages? Heck, they have their homes paid for - let's even take more from the young to fund them. What BS!
Anonymous Coward
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12/23/2012 03:54 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


you voted him in......deal with it
 Quoting: Anonymous Coward 30556549


the election was rigged....
Anonymous Coward
User ID: 27972246
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12/23/2012 03:58 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 .
 Quoting: TSWB21


You paid in 40K.. are you now down paying in..? Okay. So, just for the audience and an example...

lets say you are now starting on your first day of retirement... and the only income you will have its your social security income.

Lets say you are 65 y.o.a. How long you gonna live on $40K if that is your only 'stash and income' and without any further other income?

Let's think of your retirement-income as if it is a minimum wage being paid out of $7.50/hour for 40 hours per week = $300/wk.

$40,000/$300.00 = 133.33r weeks. At 52 weeks a year, 2.56 years. So by 133.33 weeks your fund of $40K would be ZERO. Even with your employer doubling that, you are at ZERO in your fund at the 5.12 year point.

Without some form of Leverage, you know you will be out of funds in 5.12 years even if you have restrained your lifestyle to that which minimum wage people are trying to live on, cheap rented house, or rented room and board a single room of a larger house, roomates, cheap low cost car with low gas mileage that might be enough to just get around town with very few trips out of two but twice or once a year, cheap food, cheap clothing -- a year or five behind the curve in all the fun electric gadgets and games, using a PrePaid track fone, and paying very close attention how long you talk each time, watching the make and model of the cheap bread you buy doubling in price every six months.

Without further leverage you are only going to make it a little over five years, and your Fund will be ZERO... and Homeless, cold (or way way too hot), and very hungry.

But tell me poster, how is it that you said one will not every get back all they put into Social Security? I can see if they die before their 'time'. But hey, I have shown you how it is extremely easy to get all you in your case can expect to get every 1/10th of a dime you paid into SS.

And at the 5 years 3 month point, you then are just like the person who never worked or made a taxable dollar into their entire life.. just like them. Except you GO GET A FUCKING JOB YOU LOSER!

How many people are there really that are so disabled that they have NEVER worked and made even a dollar that was taxable? Well? How many?
Anonymous Coward
User ID: 29158753
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12/23/2012 03:59 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
There is plenty of money for SS.

I know this for a fact because they have trillions to give bankers in bailouts, trillions to spend on bogus wars abroad and trillions to give military industrial complex defense contracts.

So anyone that says omigod there is no money left for SS we have to cut grandma off is an idiot.
Anonymous Coward
User ID: 28870983
United States
12/23/2012 04:02 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
There is plenty of money for SS.

I know this for a fact because they have trillions to give bankers in bailouts, trillions to spend on bogus wars abroad and trillions to give military industrial complex defense contracts.

So anyone that says omigod there is no money left for SS we have to cut grandma off is an idiot.
 Quoting: Anonymous Coward 29158753


yet their going to cut SS.......how strange
Anonymous Coward
User ID: 30720973
United States
12/23/2012 04:07 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


Absolutely! and confiscate all checking, savings, 401k, and Ira accounts. Those $600 bottles of wine at congressional lunches don't grow on trees you know.
 Quoting: Northman


they have the young people so brainwashed that they blame everything on the old. But its the rich that dont pay shit, thats why they are rich.
 Quoting: MONSTER


You are the one who is brainwashed. You believe the rich don't pay "their fair share" and that is why they are rich? That is total socialist propaganda and a complete fallacy. Educate yourself. Read Ludwig Von Mises, Friedrich Hayek, Murray Rothbard, Tom Woods, Peter Schiff...learn something.
BlueSage 13 (OP)

User ID: 30140528
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12/23/2012 04:10 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


you voted him in......deal with it
 Quoting: Anonymous Coward 30556549


No I really didn't.
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 04:12 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
There is plenty of money for SS.

I know this for a fact because they have trillions to give bankers in bailouts, trillions to spend on bogus wars abroad and trillions to give military industrial complex defense contracts.

So anyone that says omigod there is no money left for SS we have to cut grandma off is an idiot.
 Quoting: Anonymous Coward 29158753


A lot of that banking loan money has been paid back - but the country is still 16 trillion in debt, so yes, it's coming home to roost on Grandma and Grandpa along with the rest of us. Why should they be immune?

Realistically, if Grandma and Grandpa had refused to buy cheap foreign-made knock-offs and refused to shop at Walmart and demanded their children do the same, we would still have jobs and mom & pop corner stores. But no, Walmart imports were cheaper and now the Walmart heirs are worth as much as the bottom 40% of our population combined. So who was the idiot?
Anonymous Coward
User ID: 1230442
United States
12/23/2012 04:22 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
foxnews propaganda at its finest

stop listening to the main-stream media dorks.
 Quoting: Anonymous Coward 29885288


You get FOX news in slovenia? STFU.
Anonymous Coward
User ID: 3203344
United States
12/23/2012 04:37 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


All people collecting food stamps and welfare should work before people receiving Social Security. Many of them have never put a dime into the system. If we're going to end help for seniors we need to end help for EVERYONE!!!!
Anonymous Coward
User ID: 3203344
United States
12/23/2012 04:39 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Thousands of baby boomers are retiring every month
 Quoting: Anonymous Coward 30541819


There are also thousands of legals and illegals applying for welfare, food stamps, and medicaid every month so what are you saying?
BlueSage 13 (OP)

User ID: 30140528
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12/23/2012 04:40 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
foxnews propaganda at its finest

stop listening to the main-stream media dorks.
 Quoting: Anonymous Coward 29885288


You get FOX news in slovenia? STFU.
 Quoting: Anonymous Coward 1230442


Sorry...that was kinda funny. groucho
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
User ID: 19442819
United States
12/23/2012 04:49 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Explain to me how someone making $150,000 a year gets a fricking break on SS and Med taxes.

All income should be taxed, period, just because someone makes over more than $106,800 a year, they get a break.

But what would the working man expect, they write the laws to benefit them (DC elected), but what's new.

Let's say a business owner works his fricking ass off for years, finally being able to start paying himself, his pay is set at $107,000 per year. Now look at what sits in DC, the elected officials current pay is $174,000 a year, they do not pay SS or Med on $67,000 a year.

This is in the neighborhood of $4100 a year. Doesn't sound like much, but to the honest life long worker, it is a hell of a lot.

Why is this, they write the laws to benefit themselves, period.

It used to be a nickel and dime increases, now it is the $50 $100 hits.
Anonymous Coward
User ID: 21000351
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12/23/2012 04:51 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
cut the food stamps first, social security is our money.
 Quoting: OutdoorsMan


Fuck you. They already cut food stamps. My bills went up and I got $20 a month cut from my measly $120 a month in food stamps. I needed that food. You have any idea how hard it is to eat for $100 a month? I have a wife too. Try to feed 2 people on $100 a month. Just fucking try it. Dickhead.
Anonymous Coward
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12/23/2012 04:52 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

And who was responsible for killing the prosperous times? The Elite. Many so called "old people" had money stolen from their paychecks their whole lives for Social Security while just as many lived out the prosperous times collecting welfare, food stamps, section 8 housing, WIC, and medicaid while everyone else was working.

I am 53 and still working in manufacturing watching my purchasing power go down the toilet while millions are still sitting on their asses on the dole with cell phones, internet access and cable TV. Even worse, illegals are flooding into the country to collect their freebies on the U.S.taxpayer. Why don't you people that constantly blame seniors for the problems this country is in look a little deeper at the real problems. Oh did I forget the trillions of dollars that went to idiots who made bad bets on Wall Street. Grow a brain people!!!
Anonymous Coward
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12/23/2012 04:54 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.
 Quoting: Anonymous Coward 27640901


This much of what you wrote I totally agree with.

Its CONGRESS, people, Congress.

You know, that 100 U.S Senators, Two of which are supposed to be representing your State and You?

You know those 435 U.S. House Represtantives, One of which is supposed to be representing You; as you are only One of the 650,000 other people that same U.S. Rep is supposed to be representing?

So You (general 'you', not the posters) have THREE people that you personally can influence or affect... but remember your voice is very small, in the one place you are 1/650,000th of a "voice", in the other place (the Senate) you are one of, well, whatever your State's population is, in my case I am 1/1,800,000th of a voice to my two U.S. Senators. Remember that... and that it is this 535 of Congress that passed the Laws that apply to all of us, all 320+ Million Americans. (yes, these are round numbers)

Remember too that your own voice is only one voice of 320+ Million voices.

100+435 = 535, "The 535"... plus the President + Nine US. Supreme Court Justices. That 535+10= "The 545".

These 545 govern 320+ Million people.

Assuming 320,000,000 and of which the 545 are but 545/320,000,000 or 0.00017% of the US Population.
Anonymous Coward
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12/23/2012 04:59 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Real doom for those who were thinking they could finally settle down and relax for 50 years on the government's dime.
 Quoting: BlueSage 13


It's NOT the governments dime OP.

What part of "Paying in to Social Security during your entire lifetime of work" do you NOT understand?

It IS NOT a free ride, except for the children from Mexico, whose ILLEGAL parents get hundreds per month.

Don't belive me? Look it up for yourself.
Anonymous Coward
User ID: 3203344
United States
12/23/2012 05:00 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
cut the food stamps first, social security is our money.
 Quoting: OutdoorsMan


Fuck you. They already cut food stamps. My bills went up and I got $20 a month cut from my measly $120 a month in food stamps. I needed that food. You have any idea how hard it is to eat for $100 a month? I have a wife too. Try to feed 2 people on $100 a month. Just fucking try it. Dickhead.
 Quoting: Anonymous Coward 21000351


Why don't you get a job and stop sucking off the system, and if one job can't cut it, get two, lazy prick.
Anonymous Coward
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12/23/2012 05:01 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Real doom for those who were thinking they could finally settle down and relax for 50 years on the government's dime.
 Quoting: BlueSage 13


It's NOT the governments dime OP.

What part of "Paying in to Social Security during your entire lifetime of work" do you NOT understand?

It IS NOT a free ride, except for the children from Mexico, whose ILLEGAL parents get hundreds per month.

Don't belive me? Look it up for yourself.
 Quoting: Anonymous Coward 1306067


Lazy bastards that have never had to work for what they get don't realize things like this.
Anonymous Coward
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12/23/2012 05:02 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Republicans and Democrats are both defenders of the rich! It's not a two party system, it's two faces of the same coin.
 Quoting: DarthDickheadus:AmericanSith


Exactly. They just want to create division. Anger, pain, death, mayhem... those things are commanded by Satan to his stenchmen as offerings.

It is just a show to manipulate. People who vote straight party (either party) are tools. But, Dems are bigger 'tards because homosexuality and murdering babies just makes no sense at all.
Anonymous Coward
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12/23/2012 05:03 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Republicans and Democrats are both defenders of the rich! It's not a two party system, it's two faces of the same coin.
 Quoting: DarthDickheadus:AmericanSith


Actually, both Republicans and Democrats are defenders of themselves and enemies of the productive whether they be rich or poor.

But that's probably too complicated for your little Occutard braid.
 Quoting: Anonymous Coward 30710377


Kind of true. One caters tax income given to businesses, the other into social leech programs.

Now, thank God, we've done the 360 on social leech programs and realized...they are now being leeched on.

Salty tears mixed with sulfur. Beautiful.
 Quoting: BlueSage 13


So we are all social leeches now?

Medicaid = social leech, at least to a large extent.

Medicate = all of us when we get old, especially those who were not leeches and paid in the most.
Anonymous Coward
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12/23/2012 05:04 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Real doom for those who were thinking they could finally settle down and relax for 50 years on the government's dime.
 Quoting: BlueSage 13


on the governments dime Ive paid 30 yrs into this how is this the governments dime? very callous thing to say
Anonymous Coward
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12/23/2012 05:05 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
Romney wanted to cut Medicare too. We didn't have a choice, though on this issue Romney might have been worse than Obama.

The time to fight this was't in November, there were no good choices. The time is now, however we can, to try to preserve Medicare. We will all need it in our old age.
Anonymous Coward
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12/23/2012 05:05 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
SS should be phased out completely.It is unconstitutional and unsustainable......Nothing but a giant ponzi scheme from the beginning!I am NOT my brothers keeper and am sick and tired for paying ANYTHING to the people who mostly ARE and WERE a bunch of fucking bums all their lives!
 Quoting: Anonymous Coward 30709521


The Republican party chairman speaks.
Shogu666

User ID: 1217094
Poland
12/23/2012 05:07 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
It is so funny to watch Americans arguing about scraps while trillions of dollars are being sucked out of the economy

dance dance dance
Anonymous Coward
User ID: 30610261
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12/23/2012 05:10 PM
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Re: Obama's new social security cuts: removes essentially 3 months pay out of a year.
And that STILL is not enough FOR THE DEFENDERS OF THE RICH, THEY WANT more FROM THE POOR brfore they agree to any deal.
 Quoting: Anonymous Coward 26484773


No, this is the bill. After it's been hashed out for like 3 months. This is what they are going with.
 Quoting: BlueSage 13


dude - alotta ppl already got their 2013 benefit amounts. vast majority of beneficiaries - their chex have been reduced.
 Quoting: Phennommennonn


Dude BS everyone got an increase 1.1% stop bitching and realize that most ppl lost their raise because of medicare deductible was risen. Get the people who have not paid into the system off the payroll, and things will get better


babybabybabybabybashbashbashgangup
Anonymous Coward
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12/23/2012 05:11 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


All people collecting food stamps and welfare should work before people receiving Social Security. Many of them have never put a dime into the system. If we're going to end help for seniors we need to end help for EVERYONE!!!!
 Quoting: Anonymous Coward 3203344


then I want every cent I paid in for 30 yrs and I want it out of your whiny ass check hows that? and when it comes time to retire I want you to keep working cuz every 70-80 yr old should still work

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