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Share your fears about Social Security
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Social Security
Share your fears about Social Security
<font face="arial, helvetica, sans-serif" size="1"><div>You worked hard for it. Now talk to others on how to save Social Security.</div></font>
1) &nbsp; &nbsp; &nbsp; In the article,&nbsp; &nbsp; Social Security Fears , many&nbsp; Social Security myths &nbsp;are addressed.&nbsp; What concerns you the most about Social Security?&nbsp;
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Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:17f83b76-a805-4002-b497-6dbb421b0b8aDiscussion:b04dcee8-e9c2-4e17-ac46-1f518c16ac6b

Forums » Work & Retirement » Social Security » Share your fears about Social Security

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Forums  »  Work & Retirement  »  Social Security  »  Share your fears about Social Security

Re: Share your fears about Social Security

posted at December 19, 2011 5:59 PM EST
Posts: 1
First: December 19, 2011
Last: December 19, 2011
Social Seurity covers itself with a cost of living raise every year. The trouble is the Government borrowed the SS money and never paid it back. So we own a whole bunch of I.O.U.'s. We are still getting what we are suppose to get, the problem is the Government want's to borrow more fromm SS security and they will do this buy cutting our intitlement and using the savings as borrowing. The Government uses the SS fund as there debt calculation to look like the debt is not what it is. What we need is a complete break away from the Government with SS and we will have no problem. The Government can cure all there problems buy not giving away our money to other countries. There is approximately 152 countriies, the United states subsidizes over 100 countries. Stop this subsidizing and we will have no problems. If you find a candidate promising to stop all subsidizing, vote for him/her. Tom

Re: Share your fears about Social Security

posted at December 20, 2011 1:18 AM EST
Posts: 2
First: December 20, 2011
Last: December 20, 2011
Nothing to fear, except trying to figure the math??  For the past 2 years the basic medicare deduction
from the monthly payment was $96.40. The medicare deduction for services was $155.00 & $162.00.
Even though the medicare deduction for 2012 is $140.00. The basic medicare deduction from the monthly
check is $99.90. By multiplying the additional $3.50 for 12 months is $42.00, and by adding that to the $140.00
The final calculation is $182.00..  Doesn't that look like a bait and switch?
gclef6

Re: Share your fears about Social Security

posted at December 20, 2011 1:36 AM EST
Posts: 2
First: December 20, 2011
Last: December 20, 2011
Nothing to fear, but for the past two years there were no  increase in social security or medicare payments.
Except for the medical services of $155.00 & $162.00. The basic deduction from the monthly check was $96.40.
For 2012 the basic monthly deduction is $99.90, and medical services will be $140.00.
By multiplying the difference of $3.50 for 12 months. The total of $42.00  added to the $140.00 now becomes
$182.00.  Doesn't that look like a bait and switch?
gclef6

Re: Share your fears about Social Security

posted at December 22, 2011 1:30 PM EST
Posts: 157
First: May 12, 2011
Last: April 5, 2013
In Response to Re: Share your fears about Social Security:
This is what happens when you have liberals in control.

Re: Share your fears about Social Security

posted at December 22, 2011 1:37 PM EST
Posts: 157
First: May 12, 2011
Last: April 5, 2013
In Response to Re: Share your fears about Social Security:
Because the Obama Tax Cut directly affects the money coming into social security, which the AARP is interestingly quiet about, no, no increase, expect a decrease. Just like ObamaCare took out $500 billion dollars from Medicare, we will be getting a lot less. Voting does have censequences.

Re: Share your fears about Social Security

posted at December 23, 2011 4:10 AM EST
Posts: 2
First: December 23, 2011
Last: December 23, 2011
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Re: Share your fears about Social Security

posted at December 24, 2011 12:13 PM EST
Posts: 1
First: December 24, 2011
Last: December 24, 2011
I just submitted my comments in the petition "to save Social Security." I found the petition to be disingenuous. It would not let me change my comment to other than "Save ..."

I have very contrary views on Social Security. I am now a recipient and am dependent upon getting my monthly check from our beloved federal government, But, I still see the bankruptcy of having the U.S. Government involved in a retirement program, or any other insurance scheme. I do not see anywhere in the Constitution that such is authorized. In fact, I see that our whole American Experiment was to disentangle us from heavy handed government.

Social Security is a PONZI scheme. We have been led to believe that it is for our benefit. 

Social Security has worked to co-opt a whole generation of people who might not otherwise support a larger, more-intrusive government. It has made us dependent upon others to continue to invest in this scheme so we can withdraw our investment, plus hopefully some net return. 

That is the definition of a Ponzi scheme. I have a former friend who is now in prison for running a private investment program where investors were promised a return as future investors made their contribution. Unfortunately, he diverted some of the funds to other causes and got caught.

This sounds like exactly what Congress has done with the fund that once was to pay off the contributors to Social Security. 

To top it off, we have now stopped the requirement for new contributors to put into the system with the suspension of "Payroll Tax." 

We were told that Social Security was not a government welfare program, but an "Earned Benefit." If the program is to continue without more funds going into it, it will have to be funded from general revenue. If you may have noticed, we have already exhausted the general revenue. We are broke! Our all-wise, beloved federal government is giving away money it does not have.

It has made us all dependent upon a morally and fiscally bankrupt system that cannot help but ultimately collapse. That is what comes of every Ponzi scheme, when new investors cease to put new money into what is no longer seen as a safe "investment!"

Re: Share your fears about Social Security

posted at January 5, 2012 7:06 PM EST
Posts: 47
First: March 24, 2010
Last: March 19, 2013

Not likely to happen. Where would the revenue come from to fund such an increase in S.S?

Re: Share your fears about Social Security

posted at January 5, 2012 7:41 PM EST
Posts: 1458
First: May 29, 2011
Last: March 29, 2013
My fear is that extremists will convince the electorate that privatizing social security is a good idea.  Our healthcare was turned over to private hands and we have a medical system that can perform the most advanced surgeries in the world yet has one of the highest infant death rates in the industrialized world. 

Re: Share your fears about Social Security

posted at January 6, 2012 3:14 PM EST
Posts: 2
First: December 20, 2010
Last: January 6, 2012
Now that we got our 3.6%, or about $600.00 per year on average.  Think about this...the people still working got a stimulus, from our Social Security Trust Fund, of about $1000.00 per year on average.  They got more than us, but don't they always????.  The government hates us seniors.  We are, or at least will be, the economy.  The government only worry about votes and kicking the can down the road. 
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Forums » Work & Retirement » Social Security » Share your fears about Social Security