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Re: One of the reasons we are where we are. [Re: Finster] #8103302
03/19/24 09:49 AM
03/19/24 09:49 AM
Joined: Dec 2010
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Armpit, ak
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.


Who is John Galt?
Re: One of the reasons we are where we are. [Re: Dirt] #8103339
03/19/24 10:32 AM
03/19/24 10:32 AM
Joined: Mar 2023
WI
WI Outdoors Online happy
trapper
WI Outdoors  Online Happy
trapper

Joined: Mar 2023
WI
Originally Posted by Dirt
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.

Re: One of the reasons we are where we are. [Re: Finster] #8103351
03/19/24 10:41 AM
03/19/24 10:41 AM
Joined: Dec 2010
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Armpit, ak
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.


Who is John Galt?
Re: One of the reasons we are where we are. [Re: Finster] #8103386
03/19/24 11:57 AM
03/19/24 11:57 AM
Joined: Aug 2011
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
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Joined: Aug 2011
james bay frontierOnt.
Originally Posted by Finster
Originally Posted by Boco

Then where is all the gold that the US buys up from all the gold mines in Canada going?if your dollar is not backed by it?
The United States went off the gold standard in 1933


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


Forget that fear of gravity-get a little savagery in your life.
Re: One of the reasons we are where we are. [Re: bowhunter27295] #8103391
03/19/24 12:03 PM
03/19/24 12:03 PM
Joined: Aug 2008
ny
U
upstateNY Offline
trapper
upstateNY  Offline
trapper
U

Joined: Aug 2008
ny
Originally Posted by bowhunter27295


If you are on any type of government assistance, including SS, your voting rights are suspended.

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.

Last edited by upstateNY; 03/19/24 01:17 PM.

the wheels of the gods turn very slowly
Re: One of the reasons we are where we are. [Re: bowhunter27295] #8103411
03/19/24 12:23 PM
03/19/24 12:23 PM
Joined: Dec 2006
Barnum, MN
S
ScottW Offline
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ScottW  Offline
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Joined: Dec 2006
Barnum, MN
Originally Posted by bowhunter27295
When I bring up taking away voting rights everyone gets all butt hurt.

All a politician wants is a vote. Change the voting population and you change who the politician caters to.

If you are on any type of government assistance, including SS, your voting rights are suspended. As long as you are on any type of government assistance and you get to vote, you can vote yourself a raise by voting for the deadbeat politician who is taking my money to give to you. The politicians take, not borrow, my money and tell the dependents they will give them more by taking more away from me, as long as they vote for them. Why doesn't anyone see this connection?

Military vets excluded.


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

Re: One of the reasons we are where we are. [Re: bowhunter27295] #8103440
03/19/24 01:26 PM
03/19/24 01:26 PM
Joined: Aug 2008
ny
U
upstateNY Offline
trapper
upstateNY  Offline
trapper
U

Joined: Aug 2008
ny
Originally Posted by bowhunter27295

If you are on any type of government assistance, including SS, your voting rights are suspended.

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.


the wheels of the gods turn very slowly
Re: One of the reasons we are where we are. [Re: Dirt] #8103569
03/19/24 05:07 PM
03/19/24 05:07 PM
Joined: Jan 2014
Virginia
5
52Carl Offline
trapper
52Carl  Offline
trapper
5

Joined: Jan 2014
Virginia
Originally Posted by Dirt
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.

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.

Re: One of the reasons we are where we are. [Re: Boco] #8103626
03/19/24 06:32 PM
03/19/24 06:32 PM
Joined: Mar 2013
Fredonia, PA.
Finster Offline OP
trapper
Finster  Offline OP
trapper

Joined: Mar 2013
Fredonia, PA.
Originally Posted by Boco


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

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


I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
Re: One of the reasons we are where we are. [Re: bowhunter27295] #8103645
03/19/24 07:03 PM
03/19/24 07:03 PM
Joined: Feb 2010
pa
H
hippie Offline
trapper
hippie  Offline
trapper
H

Joined: Feb 2010
pa
Originally Posted by bowhunter27295
Originally Posted by Gary Benson


How much will the last guy get who put in all his life until SS expires the day before he's eligible?


$0.00


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.


There comes a point liberalism has gone too far, we're past that point.
Re: One of the reasons we are where we are. [Re: bowhunter27295] #8103652
03/19/24 07:08 PM
03/19/24 07:08 PM
Joined: Aug 2008
ny
U
upstateNY Offline
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upstateNY  Offline
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U

Joined: Aug 2008
ny
Originally Posted by bowhunter27295
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.

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. grin

Last edited by upstateNY; 03/19/24 07:08 PM.

the wheels of the gods turn very slowly
Re: One of the reasons we are where we are. [Re: Finster] #8103682
03/19/24 07:41 PM
03/19/24 07:41 PM
Joined: Aug 2008
ny
U
upstateNY Offline
trapper
upstateNY  Offline
trapper
U

Joined: Aug 2008
ny
^^^^ 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. grin Have you ever payed into Social Security?Do you plan to collect when the time comes?

Last edited by upstateNY; 03/19/24 07:43 PM.

the wheels of the gods turn very slowly
Re: One of the reasons we are where we are. [Re: Finster] #8103687
03/19/24 07:49 PM
03/19/24 07:49 PM
Joined: Dec 2006
Very SE Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Very SE Nebraska
A fool for sure.


Life ain't supposed to be easy.
Re: One of the reasons we are where we are. [Re: Finster] #8103715
03/19/24 08:10 PM
03/19/24 08:10 PM
Joined: Sep 2020
Pennsylvania
P
patrapperbuster Offline
trapper
patrapperbuster  Offline
trapper
P

Joined: Sep 2020
Pennsylvania
Originally Posted by Finster
Originally Posted by Boco


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

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


TILL THAT DAY.....

When we have to re-write a piece of history,
we will no longer have to believe a lie
Re: One of the reasons we are where we are. [Re: Finster] #8103895
03/19/24 10:41 PM
03/19/24 10:41 PM
Joined: Aug 2012
South Dakota
R
Rat Masterson Online content
trapper
Rat Masterson  Online Content
trapper
R

Joined: Aug 2012
South Dakota
You don't pay in 12%, you pay in 6 and change % unless you are self employed your employer matches your contribution. People that collect SS pay tax on that money unless that is all the income you have and then you will just starve to death. Being I didn't have a choice in paying in I will collect and losing voting rights is idiotic. How about if you don't pay in to the feds you can't vote, I'd vote for that.

Re: One of the reasons we are where we are. [Re: Finster] #8104139
03/20/24 09:05 AM
03/20/24 09:05 AM
Joined: Dec 2010
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
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D

Joined: Dec 2010
Armpit, ak
If people who vote themselves taxpayer money were not allowed to vote, you would not have very many voters left.


Who is John Galt?
Re: One of the reasons we are where we are. [Re: Finster] #8104236
03/20/24 11:30 AM
03/20/24 11:30 AM
Joined: Dec 2006
MN, Land of 10,000 Lakes
T
Trapper7 Offline
trapper
Trapper7  Offline
trapper
T

Joined: Dec 2006
MN, Land of 10,000 Lakes
Not collecting SS after you'd paid into it for many years is like putting money in a personal savings account and later giving it to someone else.


My wife says my housekeeping style is best described as, "There appears to have been a struggle."
Re: One of the reasons we are where we are. [Re: Finster] #8104277
03/20/24 12:47 PM
03/20/24 12:47 PM
Joined: Apr 2022
Wisconsin
G
Guss Offline
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Guss  Offline
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Joined: Apr 2022
Wisconsin
There should be IQ test before someone votes.

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