Thread: President Donald Trump

Originally Posted by bsnub

You quoted wikipedia you blathering idiot. You have only proved your utter stupidity and the fact that you are wrong. It is the Republicans who are hell bent on destroying social security and medicare/medicaid not the Democrats who want to expand both programs so stop the lies. You are just once again making a fool of yourself.

so what’s your point,are you saying Wikipedia is lying,how does this prove I am wrong,has the government pilfered in trillions from social security or not.

Originally Posted by RPETER65

What you are proposing is a two class society,one that rules and one that sits back and says yes sir master. Does this remind you of the early days in America,only this time not based on race but IQ. I find that quite strange coming from an all inclusive progressive type such as you.

I'm not proposing those with low IQ sit back and say "yes sir master suh". Not at all. I'm suggesting they sit back and be well governed by people that know far better what's good for them.

Originally Posted by RPETER65

so what’s your point

My point was clearly stated in the post you quoted. Read it again and try to use what is left of your brain.

Originally Posted by Maanaam

I'm not proposing those with low IQ sit back and say "yes sir master suh". Not at all. I'm suggesting they sit back and be well governed by people that know far better what's good for them.

How ever you you word it you are proposing to take away any decision those”low IQ people” may have in what is good for them. Isn’t that the same philosophy the monarchs of England and France had back in the day,is that what you want to go back to. I would also like to know what would determine what low IQ is,slippery slope you are walking on.

Originally Posted by RPETER65

Ok so I stated it incorrectly but the idea is the same,the trust fund was incorporated into a unified budget meaning the government can dip into at anytime they wish.State it however you want but to take away from the fact the government has been pilfering from social security since 1969 is disingenuous. Why you are digging into the internet maybe you should look up how much the government owes social security

https://www.ssa.gov/history/InternetMyths2.html

From the horse's mouth. This is lie repeated by Repeater. Never has been any change to the funding of Social Security.

Originally Posted by bsnub

My point was clearly stated in the post you quoted. Read it again and try to use what is left of your brain.

You apperantly did not understand that I was saying the government is pilfering from the social security taxes paid.

Originally Posted by Humbert

https://www.ssa.gov/history/InternetMyths2.html

From the horse's mouth. This is lie repeated by Repeater. Never has been any change to the funding of Social Security.

Where did I say there was a change to the funding of social security, I am saying the government is dipping into the funds collected by social security taxes.

Originally Posted by RPETER65

Where did I say there was a change to the funding of social security, I am saying the government is dipping into the funds collected by social security taxes.

Did you read the piece I provided a link for. It deals with the lie you posted here and debunks it.

Originally Posted by Humbert

You're a liar and an idiot RPeter. And what does this have to do with Trumps stating that the Dems will take away your Social Security and Medicare? He outright lied. You are deliberately distorting reality. Why can't you admit it?

Q1: Which political party took Social Security from the independent trust fund and put it into the general fund so that Congress could spend it?

A1: There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."

Most likely this question comes from a confusion between the financing of the Social Security program and the way the Social Security Trust Fund is treated in federal budget accounting. Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the "unified budget." This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken "off-budget." This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are "on-budget" or "off-budget" is primarily a question of accounting practices--it has no effect on the actual operations of the Trust Fund itself.

You are pretty quick to call some one a liar and use the term rather loosely,but I understand well you are a hater so I understand why the word liar would pop up so quickly.

I have already read what you and bsnub are posting,and nothing in them takes away from the fact the government has been dipping into social security funds to the tune of trillions.

Originally Posted by Humbert

Did you read the piece I provided a link for. It deals with the lie you posted here and debunks it.

That’s a great answer to a question I did not ask.

Originally Posted by RPETER65

I have already read what you and bsnub are posting,and nothing in them takes away from the fact the government has been dipping into social security funds to the tune of trillions.

You're attempts to wriggle out of your predicament are laughable. You keep shifting and moving the goal posts. You made it a partisan issue and asserted that the Democratic Party was responsible for taking SS out of a separate fund and putting it the general fund . Now you are claiming that the 'government' is stealing from Social Security. What does any of this have to do with Trump's lie that the Dems will take away your Social Security and Medicare?

Originally Posted by Humbert

You're attempts to wriggle out of your predicament are laughable. You keep shifting and moving the goal posts. You made it a partisan issue and asserted that the Democratic Party was responsible for taking SS out of a separate fund and putting it the general fund . Now you are claiming that the 'government' is stealing from Social Security. What does any of this have to do with Trump's lie that the Dems will take away your Social Security and Medicare?

Has the government taken trillions from social security,yes or no.

Originally Posted by RPETER65

Has the government taken trillions from social security,yes or no.

You fuking moron, the government is borrowing money and issuing treasury bonds - it's not a partisan issue. We are not arguing about Social Security funding. We are arguing about Trump asserting that the Dems were going to take away SS and Medicare.

Admit when you are wrong.

Red incoming.

Originally Posted by Humbert

Admit when you have sinned

...ftfy: evangelicals have a different vocabulary for error...

Originally Posted by Humbert

You fuking moron, the government is borrowing money and issuing treasury bonds - it's not a partisan issue. We are not arguing about Social Security funding. We are arguing about Trump asserting that the Dems were going to take away SS and Medicare.

Admit when you are wrong.

Red incoming.

Send all all the reds you care to,they mean nothing anyway,that is except to you haters.

I realize how it works,the fact is that money will never be paid back just as the national debt will never be paid back.

So tell me why if the social security fund has had a net surplus since 1987 and I believe was only in the red why there is even the need for discussion on cutting benefits.

Originally Posted by tomcat

...ftfy: evangelicals have a different vocabulary for error...

Error is not sinning.

Originally Posted by Humbert

You fuking moron, the government is borrowing money and issuing treasury bonds - it's not a partisan issue. We are not arguing about Social Security funding. We are arguing about Trump asserting that the Dems were going to take away SS and Medicare.

Admit when you are wrong.

Red incoming.

No no that is what you are arguing.

Originally Posted by RPETER65

Has the government taken trillions from social security,yes or no.

No. As usual you are getting your "facts" from the right wing fever swamps you gullible moron.

There are many myths about Social Security: It's going bankrupt. It's a Ponzi scheme. It won't be there for today's young people when they retire. There's no truth in any of them.

But one of the most prevalent myths these days is that the federal government is stealing from Social Security. It goes something like this: The President and/or Congress have been raiding the Social Security Old Age and Survivor's trust fund (also known as the retirement trust fund) to pay for other federal expenses (tanks, roads, bridges, food stamps, etc.) and have never paid it back. The myth, which persists today, goes back at least 50 years and is based on a fundamental misunderstanding of Social Security's finances.

Contemporary politicians have helped perpetuate the "stealing from Social Security" falsehood. During the first GOP debate of the 2016 election cycle, then-New Jersey Gov. Chris Christie claimed, "The lying and stealing has already occurred. The Trust Fund is filled with IOUs." Others -- from Rand Paul to Mitt Romney -- have insisted that the government pilfers Social Security funds for unrelated purposes.

But conservatives aren't the only ones to blame for perpetuating this myth. "Next time a Republican tells you that 'Social Security is broke,' remind them that Pres. Bush 'borrowed' $1.37 trillion of Social Security surplus revenue to pay for... his war in Iraq and never paid it back," claimed Occupy Democrats' Facebook page.

Some members of the public have also bought into the "stealing" myth. Every week, I see comments on social media that bear this out. Here is just a small sample:

"Can we get the government to pay back what they stole from social security? Take it out of the military budget because I'm sure that's were it went." Or, "The Government has been stealing & borrowing from the fund & never paying it back for years. When they run short they come up with a lie to make cuts & take more."

These commenters are no doubt well-intentioned, but they are woefully misinformed on this issue. Here is the truth: Every year since 1984, the Social Security system has had more income than it needs to pay current benefits and administrative costs, so it invests the surplus in interest-bearing government bonds, backed by the full faith and credit of the US Treasury.

Why put the surplus payroll funds in Treasury notes? If you had $2.8 trillion in extra cash, wouldn't you want the money to earn interest instead of stuffing it under your mattress?

The same goes for the Social Security system. As the Social Security Administration explains: "The Social Security trust [fund] holds money not needed in the current year to pay benefits and administrative costs and, by law, invest[s] it in special Treasury bonds that are guaranteed by the U.S. Government."
In fact, you can check the status of these bonds at any given time on the Social Security Administration website.

As the bond-issuer, the federal government can spend the invested funds on whatever it chooses (roads, bridges, salaries, etc.). But it must, by law, repay Social Security the principal with a guaranteed interest rate by a fixed date. This is a perfectly prudent way for Social Security to earn interest on surplus funds, because US bonds are among the safest investment vehicles. Those bonds earn billions of dollars in interest every year, creating an even larger surplus for Social Security. This is no different than a private sector pension fund investing workers' contributions in treasury notes.

Clearly, there is no stealing going on here -- just investing and earning interest. So, why the myth? As author Kurt Andersen pointed out in his recent book, How America Went Haywire, Americans love conspiracy theories, which the 'stealing' claim surely is. It also helps stoke populism on the left and right -- and the mistrust of government that has been fermenting since the 1960s.

Much as we might like to dismiss the 'stealing' narrative as harmless, it actually does undermine the Social Security program in its own way. Claiming that workers' hard-earned payroll contributions are being 'stolen' undermines public confidence in Social Security itself, which has been under attack from fiscal conservatives for decades now. The myth helps feed the right-wing narrative that the program is 'going bankrupt' and must be 'reformed' (a code word for cutting benefits and raising the retirement age).

While it's true that if Congress takes no action whatsoever, Social Security will only be able to pay 77% of benefits beginning in 2034, the program is hardly going bankrupt. Our organization supports modest and manageable measures to fortify the system's finances and expand benefits, including legislative proposals from Sen. Bernie Sanders (I-VT) and Rep. John Larson (D-CT), among others, that would keep Social Security solvent for decades. These measures boost revenue by increasing the amount wealthier Americans contribute in Social Security payroll taxes (currently capped at $128,700 in annual income), while modestly boosting benefits and adjusting the formula for cost-of-living adjustments to more accurately reflect retirees' true expenses.

Myths about a failing or corrupt system only make it harder to focus on common sense solutions to an eminently solvable challenge. They fuel conservative attacks against Social Security while confusing members of the public, who overwhelmingly support the program and don't want their hard-earned benefits to be cut. Burying the myths that undermine the program's impressive, 83-year performance record would go a long way toward preserving Social Security for current and future retirees.

https://www.cnn.com/2018/05/21/opini...man/index.html

Originally Posted by tomcat

...so, fruitcakery is a sin, but not an error...lying is a sin, but not an error...I've looked at clouds from both sides now, From up and down and still somehow. It's cloud's illusions I recall. I really don't know clouds at all. Your religious thinking is so musical...

The only fruitcake cake here is you.

Originally Posted by RPETER65

why there is even the need for discussion on cutting benefits.

There isn't a need the GOP is the only ones talking about cutting benefits and it is because they are trying to bait and switch to cover for the massive deficit that their bogus tax cut has caused. It is stupid people like you that watch fox news and are clueless about how government works who then go out and vote for an idiot like trump. You idiots are ruining the country.

RPETER65, having been well and truly proven wrong on all counts proceeds to change the subject rather than acknowledge it.

Originally Posted by RPETER65

How ever you you word it you are proposing to take away any decision those”low IQ people” may have in what is good for them. Isn’t that the same philosophy the monarchs of England and France had back in the day,is that what you want to go back to. I would also like to know what would determine what low IQ is,slippery slope you are walking on.

I'm well aware of the impediments to instituting this notion. It remains, though, a sensible option to stop a majority of idiots making decisions that ruin the country....for example electing a narcissistic moron to run the country.
A family unit is not a democracy for a very good reason; Mum and Dad know what's best for the kids and the family. Mum say's it's broccoli and carrots for a good reason despite the kids outnumbering Mum. The kids don't get to choose ice cream and fruit loops for dinner.

Originally Posted by Cujo

RPETER65, having been well and truly proven wrong on all counts proceeds

That has happened to him too many times to count on this forum. He is brainwashed and only gets his (fake) news from right wing propaganda sources like breitbart, gateway pundit and fox. He believes all the lies they pour into his gullible mind.

He has not a clue what he is on about.