Rather than ( as 1 stated above) doing away with SS payments. Change it to if you paid in you get out if you didn't contribute to do not get to withdraw.
If there are help wanted signs posted unemployment is not available.
If a person started drawing ADC with 2 kids no additional funds available for any additional kids.
Restrict government assistance funds to absolute essentials, no beer, booze candy, cigarettes, flat screen tv's, require monthly drug test.

I’m not 100% sure she isn’t actually complaining about that system.

How is the u.s. dollar a ponzi scheme?

A ponzi scheme is where early investors are paid with later investors’ money?

Nobody is getting their money back in ssi, they are getting current payroll tax payers’ money.

It's a ponzi scheme because every dollar is taxed over and over again.

Ponzi scheme has a definition. Apparently on here it means whatever people want to define it? It requires early investors to be paid by later investors’ money.

I thought you dont believe what the govt tells you.
I guess its only what you want to believe and what you dont.

How is getting my own money back considered government assistance?By the way,,,if the Gov. didn't steal a ton of money from the Social Security fund,,, using it as the goose that layed the golden egg ,, Social Security would be not just solvent,,but decades ahead in the black.

There’s a genius and obviously fair idea! You’re talking about eliminating the voting rights of millions of folks who actually worked and paid in probably their whole working career? I get your premise a little and it would make some sense if social security were setup quite a bit differently. But as a whole, I think it’s a ridiculous idea…..as many other have clearly acknowledged and pointed out…..but I just couldn’t help myself. Happy trapping! ScottW

If you put money in the bank every week for 40 years,,,,then you go to withdraw some of that money,,,are you now considered on "Bank Assistance",,and all future banking rights should be suspended?Thats your logic.

From day one, SS has been taken out of my check for 56 years now. Not one penny of it was earmarked for those who were drawing SS for those 56 years. It was spent on "candy and cigarettes" so to speak, by the Government. The federal government has been operating in debt the entirety of that 56 years.
That to me is a Ponzi scheme.
If I had were to have had the choice to invest all of that money they took out for SS into a private account drawing interest rates available during that time period I would be rolling in money right now.
Instead, when I retire, I will be looking at a measly monthly check until I croak with nothing to leave to my kids.

Just sit there quietly Boco, and let people think you're an idiot instead of typing another word and removing all doubt.

Nope you are wrong.

There is no personal account of money in SS just for you.

To be accurate, it is the equivalent of you putting money into a general fund in the bank. Then the bank decides how much of it the previous generation will get. But you get no interest and if the bank decides to use that money for something else you have zero say in it.

The working generation pays the SS of the retired generation. When SS was enacted, the worker to retiree ratio was 30:1. It is now around 8:1 I think. You paid for your fathers portion of money he was decreed from the "bank" that you put in contributing to the general bank fund.

And as a final stab in the ribs, you might get 20 years worth of that general pittance or it may be one month, depending on when you die. And don't forget, your children get none of it as an inheritance. It is all held onto and divided out by "bank associates" at their whim and pleasure.

Then when you retire, your children will get to pay your SS by being taxed to death because BY GOD you deserve it.

Do you understand that logic?

Ticket 2 issued.

Your opinion is noted. Thank you for your participation. Ticket three issued.

$0.00

I wish I could opt out of SS. Just write me a check and add 3% annualized for every year I contributed. I would then have accumulated wealth and have something to possibly hand down to my children.

And if I put it into a bank savings account, I would get more interest than if it were left in SS.

All you butt hurt guys understand you don't have to draw until you are 70, right? So if your voting rights are precious to you, you can decide to not opt in until you are 70. That is my plan.

But allowing a politician to use my money to buy your vote and promise to take more from me to give to you is dead wrong and straight theft. You may not like that, but it is not a lie. Many seasoned citizens vote for politicians that will raise their precious SS check. All the while talking about how they love the children and how more needs to be done for the children. Just don't short them on their SS check because they don't love the children that much.

Some people speak of not being dependent on government. Mostly talk and no walk when it come to that SS check.

To the original intent of this thread. It is one of the reasons we are where we are.

I just signed up for ss.

On one page it shows exactly how much I paid, how much my employers have paid for me and how much I paid into medicare. I'd sooner have it in a lump sum instead of smaller payments because I might not live long enough to get all back I paid in.

I paid it, I don't feel bad collecting it....and neither will you someday.

If you put money in the bank,,then 40 years later want to withdraw some,,do you think they go back in the vault and hand you the exact same bills you deposited 40 years ago,,or does it come out of a general fund?Just like Social Security.See how your thinking is faulted.Your Welcome,,,again.

So will your money only be drawn from that account?

How many years will you have to live to get that money back based on your SS check?

Will you vote for the politician that will give you a raise on your SS check?

Are SS recipients dependents of the government?

But you have no say in how much you get. They give you what they determine. I would rather have my money for me, but the government has to keep you dependent and give a lot of your money to people who put nothing in. Did you even watch the video at the beginning?

You have an exact account in the bank. You do not have an exact account with SS. You put money into the pool involuntarily. And guess what happens to that money when you die?

Does the bank hold onto the exact bills you put in and give them back to you in 40 years? Stupid question.

Can you give that money in the "bank" to your children? Nope.

Ticket 4 issued.

^^^^ You can type till your fingers fall off if you want.When you say anyone collecting Social Security is dependent on the government and should lose their voting rights,,,you are a fool,,and everyone in here can see that.Your welcome. Have you ever payed into Social Security?Do you plan to collect when the time comes?