Keith Ellison is a angry man

[NMRMN]

Current year expenses are paid from current Social Security tax revenues

It's a lot more complicated than that.

The Social Security fund is owed money that was shifted to other programs.

Have no doubt, the money that I paid in, plus interest, MORE than pays the little I get out now.

:flag:

So you believe in the system where you paid in more than your fair share to a fund that paid for things other than it was intended for? Brilliant.

[St. Olaf]

So, were paying your retirement now.

No.

[NMRMN]

So, were paying your retirement now.

No.

:flag:

ummm, yes.

[St. Olaf]

Current year expenses are paid from current Social Security tax revenues

It's a lot more complicated than that.

The Social Security fund is owed money that was shifted to other programs.

Have no doubt, the money that I paid in, plus interest, MORE than pays the little I get out now.

So you believe in the system where you paid in more than your fair share to a fund that paid for things other than it was intended for? Brilliant.

No, it was stupid, but they didn't consult with me when they did it.

[tman]

Read the thread.

Be a compassionate liberal and re-post your opinion. This thread has twenty pages. Shirley, you can do that!

[St. Olaf]

[MNHandK]

This is interesting.
I'm retired.
I went to school on the G.I. Bill.
I have three retirement checks coming in (Social Security, Military and State) cheap dental insurance, plus free health insurance through Tri-Care and Medicare, plus investments that bring in an amount nearly equal to the dollar value of all that combined.
I'm in the catbird seat. I can do whatever I wish and buy pretty much whatever I want.
I earned and paid for every bit of it with a long, smart and successful career of hard work of over forty years.
I don't need anything from society. I've already got mine.
Your anger and bitterness make it sound like you're the one with the problems, but I guess that would go along with being a Tea Party follower.
Maybe if you'd start voting right and caring about the poor, the elderly, the vulnerable, the kids who deserve a good education and health care........you'd get some good Karma, too.
:cogitate:

Sounds like you have a lot of skin in the game with medicare/Social security and government pension. You know, the generation paying for your checks are not going to have the same luxury...

Well, first of all, I paid for my checks with money I paid into Social Security for forty years.

Second, if the Tea Party had their way, the next generation would get NOTHING--but the Tea Party will fail and Social Security will be there for all.

Actually.. The money you paid in to SS was to fund current liabilities. Not yours for the future.

And your characterization of the Tea Party ideas on SS, or conservative ones for that matter are wrong. What do wrong with personal accounts? Or is Gov the only answer in your book?

[St. Olaf]

Please share the Tea Party plan for Social Security.

[NMRMN]

Please share the Tea Party plan for Social Security.

Nice way to frame the question... As if Social Security is a constitutionally mandated "given"

[45Badger]

doubled........

[45Badger]

I'm retired.
I went to school on the G.I. Bill.
I have three retirement checks coming in (Social Security, Military and State) cheap dental insurance, plus free health insurance through Tri-Care and Medicare, plus investments that bring in an amount nearly equal to the dollar value of all that combined.
I'm in the catbird seat. I can do whatever I wish and buy pretty much whatever I want.
I earned and paid for every bit of it with a long, smart and successful career of hard work of over forty years.
I don't need anything from society. I've already got mine.
Your anger and bitterness make it sound like you're the one with the problems, but I guess that would go along with being a Tea Party follower.
Maybe if you'd start voting right and caring about the poor, the elderly, the vulnerable, the kids who deserve a good education and health care........you'd get some good Karma, too.

Well, first of all, I paid for my checks with money I paid into Social Security for forty years.

Unless you are unlucky and die early, you will get out far more than you paid in. Not sure how old you are, or your life expectancy, but the hard math of increasing benefits and longer lifespans does not add up. Combine that with the population bubble created by the baby boom, the smaller gen "X", and the "trust fund" being "borrowed against" for "investments" and you've got a perfect storm. Created equally by the cowardice and fiscal mismanagement of both parties over several decades. The piper will be here soon.

Not knowing the specifics of your career, it looks like a solid chunk (if not the majority) of your lifetime wage earnings and your defined retirement benefits came courtesy of the taxpayer via some form of civil service career. You're welcome.

I've read a pile of your posts, and (unlike many here) I don't think your a troll. I do think you have a limited point of view and offer simplistic solutions (more money for everything and tax the rich). Possibly your military and state government jobs leave you with a blind spot to who pays for what. I paid almost $50,000 in combined income and property taxes in 2012. Not sure about sales tax, but probably a $5000+ more. What is enough? With a family of four, good income, 8 years of kids college tuition starting this fall, saving for retirement (10-15 years), I don't think there's a lot of excess cash in my family's P&L. My income and savings are not a piggy bank for local, state, and federal government.

[Rmfcasey]

St olaf believes it is O K to steal from your neighbor so long as he has too much and you have the gov't do the stealing.
rmfcasey

[MNHandK]

Please share the Tea Party plan for Social Security.

Cause you're actually going to take the time to do an analysis..

My time is better spent elsewhere.

[LePetomane]

I have three retirement checks coming in (Social Security, Military and State) cheap dental insurance, plus free health insurance through Tri-Care and Medicare, plus investments that bring in an amount nearly equal to the dollar value of all that combined.

This explains it all. He has what is due to him but he begrudges us of what we have. Typical government worshiping "statist" as Levine refers to them. "Tax the rich" and other liberal class envious mantras.

My retirement is in the form of a qualified retirement plan that is subject to market forces. It could all be gone tomorrow. State pensions to my knowledge are guaranteed.

It reminds me of a conversation that I had with a teacher who retired at the tender age of 56 and was bitching about the fact that he would never be able to afford the Mercedes Benz that we just purchased as my wife's company car. I remarked that he knew the price of everything and the value of nothing.

[St. Olaf]

Please share the Tea Party plan for Social Security.

Cause you're actually going to take the time to do an analysis..

My time is better spent elsewhere.

Ah, so you say my characterization of the Tea Party ideas on Social Security are wrong.....but you can't even state what those ideas are?

You probably don't even know.