A RECORD 7 Million plus Americans 3 months late on car payments.

Discussion in 'Political Opinions & Beliefs' started by 61falcon, Feb 12, 2019.

  1. cd8ed

    cd8ed Well-Known Member Past Donor

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    So then farmers, they shouldn’t be allowed to vote?
    Or oil executives, or defense contractors. Right?
     
  2. Distraff

    Distraff Well-Known Member

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    No, that is an IRA.
     
  3. squidward

    squidward Well-Known Member

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    But it's invested in the safest investment in the world
     
  4. squidward

    squidward Well-Known Member

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    Anyone on the dole.
     
  5. Distraff

    Distraff Well-Known Member

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    Social security isn't an investment by any definition of the word. To invest is to put money to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value. Social security is a government tax funded program not an investment.
     
    Last edited: Feb 16, 2019
  6. squidward

    squidward Well-Known Member

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    No no no.
    There's a fund. It's filled with the safest investments in the world
     
    Last edited: Feb 16, 2019
  7. Distraff

    Distraff Well-Known Member

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    That is only part of social security and it is depleting. Social security itself is not an investment. Its just current taxpayers paying old people to not work.
     
  8. 61falcon

    61falcon Well-Known Member

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    Social Security investment is in U.S.Treasuries.
     
  9. Distraff

    Distraff Well-Known Member

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    Guess who pays the interest on treasury interest. Taxpayers. Not really much an investment for taxpayers.
     
  10. 61falcon

    61falcon Well-Known Member

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    And when students default on their loans it goes directly to the national debt.
     
  11. squidward

    squidward Well-Known Member

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    Oh, so somebody just wants to put more tax on the backs if others. I get it
     
  12. 61falcon

    61falcon Well-Known Member

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    Old people who paid into it for their entire working lives and receive back relative to what they paid in.The closer you pay in to the ceiling while working the more you receive back each month.S.S. also pays those who have become disabled and in the case of those who die prematurely like former GOP Speaker Paul Ryan's father did,he collected while he was still in high school, until he reached his 18th birthday.
     
  13. squidward

    squidward Well-Known Member

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    You plan on uncapping the benefit ceiling when you uncap the taxable wage ceiling?
     
  14. Distraff

    Distraff Well-Known Member

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    Yes, increase taxes of people who can easily afford and are doing very well in this economy, in order to keep the program solvent.
     
  15. 61falcon

    61falcon Well-Known Member

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    NO I DON'T the payment schedule should stay as is!!
     
  16. squidward

    squidward Well-Known Member

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    Yes, let them produce the wealth that you benefit from, then take as much away from them as they can afford, then they can live just a little bit better than you yet still produce you goods, services and employment so you can have a nice life
     
  17. 61falcon

    61falcon Well-Known Member

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    As a rule the wealthy NEVER produce the wealth their employees actually produce it,they just profit off their employees labor.
     
  18. squidward

    squidward Well-Known Member

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    Yeah, they all got together, built the factory, bought the tooling, marketed the products, sold the products, and produced the products themselves, all after taking up a little collection one night at the Eagles Club.

    Get real. If you were capable of any of this, you'd have built your own business already, with your own time, resources, energy and risk

    Crawling your ass out of bed to put in your 9 to 5 every day is the minimum effort for success
     
    Last edited: Feb 17, 2019
  19. crank

    crank Well-Known Member

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    1) Fiscal responsibility is not learned by 'knowing' financial management. It's the result of effort of will and self-discipline, not 'knowledge'. And the only way that that stuff can be automatic is when it's modeled in the home, consistently, throughout the child's life. If you've reached your teenage years with no capacity for self-discipline, you're doomed no matter what you're taught outside of the home. IOW, being a good budgeter is not the result of knowledge, it's the result of will power.

    2) Students already know about 'different careers'. They're bombarded with careers information in high school. But as per the above, the considered choice of a career which will provide financial security, is not the result of knowing about it, it's the result of will power and self-discipline. Those things that can only be learned in the home.
     
  20. crank

    crank Well-Known Member

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    Don't forget: wear all the risk, take all the responsibility for staff, pay all insurances, and give up 16 hours a day 7 days per week of their waking hours either working or thinking about work, and the remainder of their hours trying to sleep as the multiple stresses of absolute responsibility prey on their minds.
     
  21. crank

    crank Well-Known Member

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    Because it's useless in the absence of the will to use it. And that will MUST come from the home. And let's not pretend (again) that even a child doesn't know that 2 + 2 = 4.
     
  22. crank

    crank Well-Known Member

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    But they're the compassionate ones!
     
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  23. crank

    crank Well-Known Member

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    Social security is a luxury. That's why only rich nations have it.
     
  24. Jimmy79

    Jimmy79 Banned

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    I notice you said tax return, not tax liability. Do you understand the difference?
     
    Last edited: Feb 17, 2019
  25. 61falcon

    61falcon Well-Known Member

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    Thank God we have it with over 100,000 U.S.PRIVATE PENSION PLANS cancelled and defunded during the decade from 1980 to 1990,those inglorious Reagan years.
     

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