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Author Topic: Bubba's Bumbling  (Read 1909 times)

Offline Sixpence

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« Reply #30 on: April 11, 2003, 05:02:33 PM »
Doh!
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline SOB

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« Reply #31 on: April 11, 2003, 05:05:18 PM »
Quote
Originally posted by Sixpence
BTW SOB, can you explain why it is broken down?


Two very simple reasons.

1.  I can recieve a larger return on my investment outside of SS...even when investing conservatively.

2.  If I die before I reach my planned retirement age, my money will go where I choose.  It won't suddenly disappear.  My father died at 54.  He got squat from SS for his years of paying taxes.  We didn't even qualify for the pittance that they will sometimes pay out for funeral expenses.

There are other reasons for SS to be in existance, but those are the two reasons why it's broken down in terms of why it would be important for me.  And in my opinion, that's what it's all about.  It's meant to help me, and frankly, I feel I can help myself a whole lot better.


SOB
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Offline Sixpence

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« Reply #32 on: April 11, 2003, 05:09:15 PM »
Quote
Originally posted by Sixpence
BTW SOB, can you explain why it is broken down?


I'll answer for you....because S.S. goes to alot more than the retired. I'm not going to list all the people that get it, but it's alot. And IMO, it should be for the retired. I know alot of disabled people collect from it, and i'm not saying they don't need the money. But it shouldn't come from S.S.

S.S. is a savings bond(analogy) put aside so people who don't have the money to put into the the stock market or hire lawyers to manage their money can have something at retirement.

It's a way to prevent all the retired from having to collect welfare, which will be the alternative if you scrap S.S.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline SOB

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« Reply #33 on: April 11, 2003, 05:19:49 PM »
Quote
Originally posted by Sixpence
S.S. is a savings bond(analogy) put aside so people who don't have the money to put into the the stock market or hire lawyers to manage their money can have something at retirement.


Just wanna mention one thing about this.  You DON'T need to be rich or hire lawyers to invest your money and plan your retirement.  You just need to be serious about doing so.


SOB
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Offline Sixpence

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« Reply #34 on: April 11, 2003, 05:21:11 PM »
Quote
Originally posted by SOB
Two very simple reasons.

1.  I can recieve a larger return on my investment outside of SS...even when investing conservatively.

2.  If I die before I reach my planned retirement age, my money will go where I choose.  It won't suddenly disappear.  My father died at 54.  He got squat from SS for his years of paying taxes.  We didn't even qualify for the pittance that they will sometimes pay out for funeral expenses.

There are other reasons for SS to be in existance, but those are the two reasons why it's broken down in terms of why it would be important for me.  And in my opinion, that's what it's all about.  It's meant to help me, and frankly, I feel I can help myself a whole lot better.


SOB


1. Can you guarantee that return? Of course you can't. You make it sound like everyone can just make a bundle in investments. People lose their shirts.

2. Is a good point. If you die your children collect till they are 18. However, in that case I believe the money that you have put into S.S. should have a 5%(on top of your money of course) dividend and given to your family.

I believe in S.S. , it's a safety net for retirement. I have put into it since the age of 15, and i'm damn glad I have.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline rpm

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« Reply #35 on: April 11, 2003, 05:29:19 PM »
I think you misunderstood what I was saying. I never claimed to be called Un-American. I am a Vet and DAMNED proud of it. What I was trying to get across, and may have failed to do so, is that Clinton became a chic whipping boy for the Press. The "leftist" media (I need to figure that one out, since he was definitely more Port than Starboard) started a feeding frenzy and it refuses to stop. I bet if I wrote a book saying Clinton held Bestiality Training Classes in the Lincoln bedroom while faxing the nuke codes to Saddam, it would be on the New York Times Bestseller list in record time. While nothing I printed could be verified, neither could it be disproved....but it sounds like juicy reading.
 Just for the record, I am neither Republican nor Democrat. I refuse to bind my vote to a party, I look for the most Qualified Candidate.
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Offline AKIron

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« Reply #36 on: April 11, 2003, 05:29:30 PM »
Quote
Originally posted by Airhead
Colonel Patterson shuld be tried for treason. How dare he betray his Commander in Chief!!!:mad:


Airhead, settle down, Wild Bill ain't the Commander-in-Chief anymore. That title of Mr. President is purely honorary after they leave office.
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Offline Sixpence

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« Reply #37 on: April 11, 2003, 05:30:37 PM »
Quote
Originally posted by Frogm4n
SS saves us from alot more trouble then you guys realize. of course if you enjoy watching old people starve to death then maybe we should get rid of it. Of course their generation realized it was a good thing to have around have the 1930s.


No one will starve. It's more a matter of dignity. I would rather collect a S.S. check that I invested in(my money was put aside for it), than to have to resort to welfare.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline Sixpence

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« Reply #38 on: April 11, 2003, 05:34:04 PM »
BTW SOB, I have earned enough credit to collect just over 1k a month when I retire. If all else fails and the bottom falls out, I know I have earned that. I didn't get rich, but I don't think it has been a bad investment. And hopefully it keeps a roof over my head when I'm old and broken.
« Last Edit: April 11, 2003, 05:37:20 PM by Sixpence »
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline Sixpence

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« Reply #39 on: April 11, 2003, 05:38:46 PM »
lol, and don't say i'm already old and broken;)
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline Sandman

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« Reply #40 on: April 11, 2003, 05:40:34 PM »
Hmmm... the military built under Clinton just waltzed through Iraq in 21 days.
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Offline Sixpence

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« Reply #41 on: April 11, 2003, 05:44:54 PM »
Well, you have to thank reagan too, he spent the most on defense. He did, he went nuts. It drove the russians to keep up and spend the same(they couldn't do it), and caused their demise.
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"My grandaddy always told me, "There are three things that'll put a good man down: Losin' a good woman, eatin' bad possum, or eatin' good possum."" - Holden McGroin

(and I still say he wasn't trying to spell possum!)

Offline AKIron

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« Reply #42 on: April 11, 2003, 05:55:45 PM »
The real credit for our military go to JFK and LBJ. They got us into and kept us in Vietnam. What would our military be today if not for Vietnam?
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Offline funkedup

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« Reply #43 on: April 11, 2003, 06:14:04 PM »
Quote
Originally posted by Sixpence
Enlighten us.


1.  SS is a ponzi scheme.  If you don't know what it means, look it up.  It is not indefinitely sustainable and will collapse eventually.
2.  I defy anyone to find a 10 year period since the inception of SS where the SS return on investment outperformed the Dow.  Money invested in SS is money thrown down the drain.  If the same money had been put into the stock exchange, the country would be much richer in the long term.
3.  If SS were eliminated it could be replaced with need based government aid.  No need for retirees to starve like some alarmists say.
4.  Clinton did not "rebuild" the economy.  Presidents do not have a major effect on the economy.  Fiscal and monetary policies do affect the economy, but they are not directly controlled by the President, and they are only secondary effects.  The ups and downs of our economic indices are primarily a result of complex system dynamics of the economic behavior of our populace.  Humans evolved trade as a method to facilitate mutually beneficial economic transactions.  The best thing the government can do is get the hell out of the way and let us do our thing.
« Last Edit: April 11, 2003, 06:17:56 PM by funkedup »
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Offline midnight Target

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« Reply #44 on: April 11, 2003, 06:21:28 PM »
There is not one fact nor shred of hard evidence in that entire post at the beginning of this thread.

Just a bunch of generalized statements.

As Shaq would say... get that weak watermelon outta my key!
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