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1   Ceffer   ignore (1)   2018 Oct 9, 11:42am   ↑ like (4)   ↓ dislike (0)   quote   flag        

Honestly, the libs fuck Social Security every chance they get. Obama terminated the ability of spouses to collect spousal SS while their partners postponed payouts.

Nobody even noticed or protested.
2   Tenpoundbass   ignore (11)   2018 Oct 9, 11:49am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Ceffer says
Nobody even noticed or protested.


Yup then when Trump first came in, the Obama hold outs and never Trumpers tried to ram a SS reduction through and fuck the Vets.
My Vet friend who collects next year noticed. He came to me "Look what Trump is doing... blah blah blah" I said "It wasn't him, it's the people bringing bills up to vote. Trump hasn't signed it yet so don't worry. " It was killed in the second round of votes.
3   SunnyvaleCA   ignore (0)   2018 Oct 9, 3:21pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

I know some people who lied about their age when they became citizens. Said they were 10 years older than actual. After only 25 years of paying in they'll be collecting "full" social security benefits at age 57 and will probably collect for 30 years instead of the usual 20 years. So much gaming and/or cheating the system.
4   clambo   ignore (4)   2018 Oct 9, 7:24pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

sunnyvaleCA you should drop a dime on them. That's our money they will be spending.

People here may not know illegals as I do and they frequently can file using an ITIN not a Social Security Number. They can get the "earned income credit" for each child they have ($3378), a free money gift courtesy of our Uncle Sam.
5   bob2356   ignore (3)   2018 Oct 10, 7:30am   ↑ like (0)   ↓ dislike (1)   quote   flag        

SunnyvaleCA says
I know some people who lied about their age when they became citizens. Said they were 10 years older than actual. After only 25 years of paying in they'll be collecting "full" social security benefits at age 57 and will probably collect for 30 years instead of the usual 20 years. So much gaming and/or cheating the system.


Absolute and total bullshit. First off you don't submit your information and documentation with the citizenship application, you do it with the green card application which is a minimum of 5 years before applying for citizenship. The rules are stringent. You don't just walk in and say how old you are. If you don't have a valid birth certificate then you have to provide church, school, and hospital records. Documents have to be translated. Even the USCIS would question someone who claims to have graduated high school at 28. Actually the USCIS is very good at making sure documents are valid and accurate.

The idea that you know multiple people with the forward planning, resources ,and ability to pull off this scam that were willing to admit they did it to someone is totally absurd.
6   bob2356   ignore (3)   2018 Oct 10, 7:46am   ↑ like (0)   ↓ dislike (1)   quote   flag        

clambo says

People here may not know illegals as I do and they frequently can file using an ITIN not a Social Security Number. They can get the "earned income credit" for each child they have ($3378), a free money gift courtesy of our Uncle Sam.


It's only 3300 for college kids, 1100 otherwise. The question is why did the republicans strip out the requirement for refund filers to have a valid SS number in last year's tax bill? Do they want to give away money to illegals?
7   bob2356   ignore (3)   2018 Oct 10, 7:55am   ↑ like (0)   ↓ dislike (1)   quote   flag        

Tenpoundbass says
A Reality check for all of those trapped on the Liberal plantation like my father was, scared that if they didn't keep the Democrats the Republicans would kill Social Security.


A reality check for TPB. No one changed where and how the SS funds were used. There was no private trust or public fund. The accounting hasn't changed since 1935. The SS fund stopped buying marketable securities in 1980, but that was a policy decision. .

"It shall be the duty of the Secretary of the Treasury to invest such portion of the amounts credited to the Account as is not, in his judgment, required to meet current withdrawals. Such investment may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States."

Title II, Section 201 Social Security act of 1935.

Don't let facts screw up a good rant though.
8   HeadSet   ignore (1)   2018 Oct 10, 11:54am   ↑ like (2)   ↓ dislike (0)   quote   flag        

There was no private trust or public fund.

From Snopes: "The Social Security Trust Fund was established in 1939 to receive monies collected for Social Security through payroll taxes. The monies in this fund are managed by the Department of the Treasury; they are not, nor have they ever been, put into the “general operating fund.”

https://www.snopes.com/fact-check/social-security-changes/

"It shall be the duty of the Secretary of the Treasury to invest such portion of the amounts credited to the Account as is not, in his judgment, required to meet current withdrawals. Such investment may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States."

That was referring to any surplus money, and the intent was obviously to not take investment risk with the SS money. However, that little clause has been used to essentially put SS money into the general fund through Treasury buys.

Also from Snopes:

"However, whether the Social Security Trust Fund can truly be said to be “independent” is problematic. The Social Security Act specifies that the monies in the fund may only “be invested in securities backed by the full faith and credit of the Federal government,” such as treasury bills, treasury notes, and treasury bonds, as well as special issue bonds. So, essentially, the government can “invest” Social Security funds by lending them to itself, then spending that money on programs not related to Social Security (e.g., defense, foreign aid, education)."

Despite the semantics, the SS money has indeed been tapped (or looted) to pay general expenditures.
9   Gary Anderson   ignore (0)   2018 Oct 10, 11:59am   ↑ like (0)   ↓ dislike (1)   quote   flag        

Only problem is, The Dems know it is owed back, if borrowed.The Republicans want to destroy Social Security.
10   clambo   ignore (4)   2018 Oct 10, 2:09pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

I wish someone would either fix social security or destroy it.
12   bob2356   ignore (3)   2018 Oct 11, 9:11am   ↑ like (0)   ↓ dislike (0)   quote   flag        

HeadSet says
From Snopes: "The Social Security Trust Fund was established in 1939 to receive monies collected for Social Security through payroll taxes. The monies in this fund are managed by the Department of the Treasury; they are not, nor have they ever been, put into the “general operating fund.”

https://www.snopes.com/fact-check/social-security-changes/

"It shall be the duty of the Secretary of the Treasury to invest such portion of the amounts credited to the Account as is not, in his judgment, required to meet current withdrawals. Such investment may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States."


Exactly right, the SS funds are in interest bearing obligations. The general fund has a issued a special issue bond to social security. Been going on since 1939 when the ss act of 1935 was given the ability to put the ss funds into a separate account. Previously it was carried as a line item.

HeadSet says
Despite the semantics, the SS money has indeed been tapped (or looted) to pay general expenditures.


Irrelevant. The point was that despite TPB's histrionics nothing has changed since 1939. There is no private trust that got turned into a public fund by the libruls. If you want to point fingers about deficit spending causing a need to loot the fund then that ball lies squarely in the republican court of tax cuts and increased spending.
13   bob2356   ignore (3)   2018 Oct 11, 9:15am   ↑ like (0)   ↓ dislike (0)   quote   flag        

SunnyvaleCA says
bob2356 says
Absolute and total bullshit

Well, what do you make of this: https://www.huffingtonpost.com/david-flumenbaum/scandal-of-the-ages-docum_b_118842.html


They applied for a green card then US citizenship. I didn't see that in the article. Then they bragged to you about it how they were going to collect social security early? That is interesting.




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