Sarin-dippity

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emby
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Re: Sarin-dippity

Post by emby »

Bottom post of the previous page:

Yeah, I was just advocating for younger people in government.

If you had opted out of social security and invested it yourself, you would have lost everything in 2000, 2001, 2008 and again in 2020.

And whatever you had left would get taken by the hospital. The 401k system was supposed to replace social security. The idea is laughable today. Working people need money for when they can't work anymore, not tax shelters.

Tell me I'm wrong.
PetePierson
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Re: Sarin-dippity

Post by PetePierson »

emby wrote: Sat Jul 20, 2024 9:34 am Yeah, I was just advocating for younger people in government.

If you had opted out of social security and invested it yourself, you would have lost everything in 2000, 2001, 2008 and again in 2020.

And whatever you had left would get taken by the hospital. The 401k system was supposed to replace social security. The idea is laughable today. Working people need money for when they can't work anymore, not tax shelters.

Tell me I'm wrong.
Losses on paper aren't loses so you are wrong. Nor do you know how I invest or balance my portfolio. Now, I'm no Oracle of Omaha by any stretch but do ok and I would have survived. Your steadfast belief that the State knows what's better for me is ridiculous. I've bet on myself my entire adult life (financially). I've done better than most.

But keep cheering for the ppl who steal your money and continue to borrow against & spend it unwisely.

But neither you or I are going to see a dime of SS yet you still advocate for the State. Odd flex, Bro.
emby
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Re: Sarin-dippity

Post by emby »

PetePierson wrote: Sat Jul 20, 2024 10:42 am
emby wrote: Sat Jul 20, 2024 9:34 am Yeah, I was just advocating for younger people in government.

If you had opted out of social security and invested it yourself, you would have lost everything in 2000, 2001, 2008 and again in 2020.

And whatever you had left would get taken by the hospital. The 401k system was supposed to replace social security. The idea is laughable today. Working people need money for when they can't work anymore, not tax shelters.

Tell me I'm wrong.
Losses on paper aren't loses so you are wrong. Nor do you know how I invest or balance my portfolio. Now, I'm no Oracle of Omaha by any stretch but do ok and I would have survived. Your steadfast belief that the State knows what's better for me is ridiculous. I've bet on myself my entire adult life (financially). I've done better than most.

But keep cheering for the ppl who steal your money and continue to borrow against & spend it unwisely.

But neither you or I are going to see a dime of SS yet you still advocate for the State. Odd flex, Bro.
Got your tongue on the third rail today.

Losses are losses. Show me somebody anybody who put their nest egg in Wall Street and ever saw that money again. Not every casino has table games but the house always wins.

The only way you or I are not going to see a dime of social security is if that money is stolen by the type of people that you're inclined to vote for.

How much dough would you have left if you were responsible for your parents right now?
PetePierson
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Re: Sarin-dippity

Post by PetePierson »

Investing <> Wall Street only. There's real estate, investing in small businesses, commodities, shit... high yield savings accts over multiple decades. And now there's crypto (not my bag). And fuck me, if I lost it all....at least I lost it. I'm accountable for my poor choices.

Your Gods have absolutely zero accountability. Nameless, faceless bureaucrats influenced by the demons on K street & foreigners putting whatever they want on 5-7k page bills that aren't read by the people voting on it. It's fucking insanity.

As for my folks, if I had to spend every last nickel to help them; I would. Gladly. You have this warped perspective that child free adults have no concept of family. That is blatantly incorrect.
emby
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Re: Sarin-dippity

Post by emby »

PetePierson wrote: Sat Jul 20, 2024 12:46 pm Investing <> Wall Street only. There's real estate, investing in small businesses, commodities, shit... high yield savings accts over multiple decades. And now there's crypto (not my bag). And fuck me, if I lost it all....at least I lost it. I'm accountable for my poor choices.

Your Gods have absolutely zero accountability. Nameless, faceless bureaucrats influenced by the demons on K street & foreigners putting whatever they want on 5-7k page bills that aren't read by the people voting on it. It's fucking insanity.

As for my folks, if I had to spend every last nickel to help them; I would. Gladly. You have this warped perspective that child free adults have no concept of family. That is blatantly incorrect.
Good answers. Thank you.

None of anything you listed is a retirement plan though. How am I supposed to take care of my parents and manage a business and have invested cash at the same time? Even if I could, is this your answer for everybody? Why?

Social Security has been humming along just fine as prescribed by law for decades. It's the most popular government program by a mile and the taxes that would support the benefit increases and lower retirement age that I want would be miniscule to non-existent.

I truly wish we looked at defense spending the way you want me to look at social security. Did you know the defense department is going to run out of money on September 1st? We'll have to cut the department.
PetePierson
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Re: Sarin-dippity

Post by PetePierson »

emby wrote: Sat Jul 20, 2024 1:06 pm Good answers. Thank you.

None of anything you listed is a retirement plan though. How am I supposed to take care of my parents and manage a business and have invested cash at the same time? Even if I could, is this your answer for everybody? Why?

Social Security has been humming along just fine as prescribed by law for decades. It's the most popular government program by a mile and the taxes that would support the benefit increases and lower retirement age that I want would be miniscule to non-existent.

I truly wish we looked at defense spending the way you want me to look at social security. Did you know the defense department is going to run out of money on September 1st? We'll have to cut the department.
You're welcome.

And just as you are delusional with some of your policy dreams, so am I.

It is both ignorant and unrealistic to expect a first world country to operate without some social security net policies. There will be people physically, mentally unable to work bc of disease, injury, way they were born etc... and just those that have shit luck.

The Government borrows against Social Security. Now, the law states that these "loans" must be paid back with interest. At some point the Government is going to have to pony up with real paper.

I also believe that smart people do not make a career out of politics. Maybe after they have become Titans of Industry and want to wield a different type of power, sure.

Why not consider the two-birds / one stone approach. You and your side are constantly bitching about big corporations not paying their "fair share" of taxes. My lunatic fringe hates everything the state does or says, has no faith in them at all. I think we can agree upon that...I hope.


In lieu of the cat and mouse game of paying an insane tax rate, inventivize these huge corporations to run, maintain and most importantly fund these programs. Basically have the business people who are experts in well, business and making money pay fewer taxes to the Fed and run these non-profit social programs. Now, obviously there are some flaws in this idea and would require massive guard rails so some coked up fool doesn't bet it all on Black but I'm will to try anything other than just government.

And yes, slash the Fuck out of the DoD budget. And then slash it some more.
emby
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Re: Sarin-dippity

Post by emby »

So we agree that there should be a social security system, we're just haggling over features and prices.

I don't think tax dollars should be used to entice people to do things. Tax dollars need to come with a mandate.

As for the debt bit, it'll never be a problem so long as uncle Sam has the ability to get the money. Nationalize the oil supply and move on.

To borrow from Biden: Everything we're talking about is within our capacity. We just have to decide to do it.
PetePierson
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Re: Sarin-dippity

Post by PetePierson »

emby wrote: Sat Jul 20, 2024 2:04 pm So we agree that there should be a social security system, we're just haggling over features and prices.

I don't think tax dollars should be used to entice people to do things. Tax dollars need to come with a mandate.

As for the debt bit, it'll never be a problem so long as uncle Sam has the ability to get the money. Nationalize the oil supply and move on.

To borrow from Biden: Everything we're talking about is within our capacity. We just have to decide to do it.
I am not sure I agree that we should but I don't think it's realistic that a country of this size with some much wealth can operate without some social security nets.


You and Outtie... Christ on a cracker. I dig your collective obstinance, I really do.

But I don't negotiate with terrorists. Neither one of you are will to compromise on or concede a thing. Again, fine. As I don't much want to either.
emby
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Re: Sarin-dippity

Post by emby »

PetePierson wrote: Sun Jul 21, 2024 10:28 am
emby wrote: Sat Jul 20, 2024 2:04 pm So we agree that there should be a social security system, we're just haggling over features and prices.

I don't think tax dollars should be used to entice people to do things. Tax dollars need to come with a mandate.

As for the debt bit, it'll never be a problem so long as uncle Sam has the ability to get the money. Nationalize the oil supply and move on.

To borrow from Biden: Everything we're talking about is within our capacity. We just have to decide to do it.
I am not sure I agree that we should but I don't think it's realistic that a country of this size with some much wealth can operate without some social security nets.


You and Outtie... Christ on a cracker. I dig your collective obstinance, I really do.

But I don't negotiate with terrorists. Neither one of you are will to compromise on or concede a thing. Again, fine. As I don't much want to either.
It's very difficult to negotiate with the illegitimacy of the state. Knowhatimean?

If you refute the government outright, there's nothing to discuss. If I'm uncompromising about any one thing it's proceeding as The United States of America with it's constitution and civil rights intact.

That's why I go hard about January 6th. That shit was completely unacceptable.
PetePierson
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Re: Sarin-dippity

Post by PetePierson »

That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.
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The Outsider
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Re: Sarin-dippity

Post by The Outsider »

PetePierson wrote: Sun Jul 21, 2024 1:41 pm
That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.
Unfortunately, in today's world with today's technology the only way to reliably do this is from within the system through either reform or distasteful methods like we've seen the Republican party employ in the last 15-20 years.

If you want to start a war against the US Gov't, by all means, you do you. But it wouldn't work.

When I talk about going to get my guns it's not about winning it's about making it as costly as possible for me to be eliminated.
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