The Buc Zone

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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.

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.

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.

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.

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.

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.

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.

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.