Jump to content
THE BROWNS BOARD

Why do the kids love Bernie?


Westside Steve

Recommended Posts

4 minutes ago, Westside Steve said:

Does SSI disability come out of that same fund? Seems like that group has doubled or tripled or more over the last few years .

WSS

I believe so. How it was explained to me  is that initially there was no Social Security "fund" or some Social Security "stash" set aside by the govt.. SS taxes collected were subsequently distributed until the amount collected surpassed the amount distributed..

I went and looked up a better explanation and I'm in the ballpark...

social security was  largely a “pay as you go” program, meaning today’s benefits are funded primarily by the payroll taxes collected from today’s workers. For over three decades, however, Social Security collected more in payroll taxes and other income than it paid in benefits and other expenses, and the Treasury invested the surplus in interest-bearing Treasury securities, ultimately reaching a total of nearly $2.9 trillion in trust fund reserves.

So yeah I believe SS benefits would come out of this trust. Also that the govt. dips into this trust for other expenditures other than for paying SS benefits....which makes me tend to believe the notion out there that Social Security "running out" is a myth.

Link to comment
Share on other sites

4 hours ago, Westside Steve said:

one more thing about voter apathy especially among folks are a little bit older who have been excited about one candidate or another voted them into office and found out that nothing really changes.

WSS

Most of your post will get cutoff in my quote, but

 

"Openly sneered at"

Because that isn't young people right now too? Or anyone that thinks a democratic socialist approach makes sense? Or anything along those lines. There was literally a post on here of an opinion piece by some reject insult comic just trying to go after anyone that would vote for Bernie. 

 

"Those people don't vote"

True. But Bernie could get them to. 

 

 

Yeah if it's clear that the establishment fucked Bernie I'm not voting for a Dem. If he loses legitimately though I might. 

Link to comment
Share on other sites

2 hours ago, Gorka said:

I believe so. How it was explained to me  is that initially there was no Social Security "fund" or some Social Security "stash" set aside by the govt.. SS taxes collected were subsequently distributed until the amount collected surpassed the amount distributed..

I went and looked up a better explanation and I'm in the ballpark...

social security was  largely a “pay as you go” program, meaning today’s benefits are funded primarily by the payroll taxes collected from today’s workers. For over three decades, however, Social Security collected more in payroll taxes and other income than it paid in benefits and other expenses, and the Treasury invested the surplus in interest-bearing Treasury securities, ultimately reaching a total of nearly $2.9 trillion in trust fund reserves.

So yeah I believe SS benefits would come out of this trust. Also that the govt. dips into this trust for other expenditures other than for paying SS benefits....which makes me tend to believe the notion out there that Social Security "running out" is a myth.

absolutely true - and borrowing from SS is a huge disgrace.

The federal government has borrowed from Social Security during every presidency since FDR. According to the Social Security Administration, 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 since 1939.

  • Thanks 1
Link to comment
Share on other sites

https://www.sentinelsource.com/opinion/editorial/who-borrowed-the-social-security-taxes-we-paid/article_691d6976-e4a1-5d21-96d3-aa8871f86c92.html

"In 1983, Congress and the Reagan administration adjusted Social Security taxes and benefits to put the program on an even keel that began to build up a huge surplus for investment. But Congress decided to “borrow” the surplus instead of investing. They’ve been using it to help pay for things that have nothing to do with Social Security, things the political establishment and tax-averse Americans wanted but didn’t want to pay for: invasions, education, highway repairs and so on. And, without giving any thought to paying the surplus money back, the federal government has been trading it for special Treasury bonds that politicians used to assure us were safe in a lockbox."

"Just IOUs. In a lockbox.

They are, however, IOUs that are supposed to be backed by the full faith and credit of the United States. So this year, as the Social Security Administration is beginning to fall short of what it needs to pay retiree benefits, it is cashing in $45 billion of the bonds. And because the country is upside down in debt, it has to borrow the $45 billion from China or somewhere else to make older people’s ends meet. Those maneuvers will presumably continue until 2037 unless the system is adjusted in the meantime or Uncle Sam’s credit line runs out."

 

"It would be nice if we could drag the past five presidents and all members of Congress since 1983 into court and squeeze the $2.6 trillion out of them. But we can’t. We elected them, and they did all the borrowing for us. Given the lack of attention we self-governing Americans paid over all those years, we would be wise not to get too huffy about the situation. According to a recent poll conducted for Investor’s Business Daily, only 40 percent of us realize that the Social Security trust fund is composed of IOUs. "

  • Upvote 1
Link to comment
Share on other sites

1 hour ago, MLD Woody said:

Most of your post will get cutoff in my quote, but

 

"Openly sneered at"

Because that isn't young people right now too? Or anyone that thinks a democratic socialist approach makes sense?

 could be. I'm not sure that Senator Sanders would have been associated with young people until recently with the huge support and turn out of the millennials. I'd have more Associated AOC with the youth movement.. I was mostly talking about the people who are not outraged by the Confederate battle flag on the hood how's the car in the Dukes of Hazzard. etc The guys so often lie referred to as people who say 'Murica. 

 

Or anything along those lines. There was literally a post on here of an opinion piece by some reject insult comic just trying to go after anyone that would vote for Bernie. 

 

"Those people don't vote"

True. But Bernie could get them to. 

 he most certainly could. I don't imagine they give a shit about Jeb Bush or Hillary.

 

Yeah if it's clear that the establishment fucked Bernie I'm not voting for a Dem. If he loses legitimately though I might. 

WSS

Link to comment
Share on other sites

2 hours ago, Gorka said:

I believe so. How it was explained to me  is that initially there was no Social Security "fund" or some Social Security "stash" set aside by the govt.. SS taxes collected were subsequently distributed until the amount collected surpassed the amount distributed..

I went and looked up a better explanation and I'm in the ballpark...

social security was  largely a “pay as you go” program, meaning today’s benefits are funded primarily by the payroll taxes collected from today’s workers. For over three decades, however, Social Security collected more in payroll taxes and other income than it paid in benefits and other expenses, and the Treasury invested the surplus in interest-bearing Treasury securities, ultimately reaching a total of nearly $2.9 trillion in trust fund reserves.

So yeah I believe SS benefits would come out of this trust. Also that the govt. dips into this trust for other expenditures other than for paying SS benefits....which makes me tend to believe the notion out there that Social Security "running out" is a myth.

We have been on a roll. With the stock market doing as well as it has those interest-bearing Investments are looking pretty good. The fact remains that the system was set up for people retiring at 65 and dying at 68 now they are retiring at 67 and dying at 80. Also the Baby Boomers are a big group and are all beginning to take the money out which is going to be a severe blow to whatever comes in. And when the Democrats finally swoop in and put the clamps on the economy that will put the kibosh to that. it's but somebody will soon have to either raise the retirement age again or increase the FICA tax or cap benefits or something else that will be construed as cutting Social Security to the oarty out of office.

WSS

Link to comment
Share on other sites

2 hours ago, Westside Steve said:

WSS

Well I didn't vote for Hilary, so there's that.

 

 

Young people are the ones actively dealing with the tuition and student loan bubble, and Bernie has been talking about it for years.

Old folks, that bought a car for a nickel and paid for a degree working a few hours at a diner, just assume the youth isn't working hard enough. That's lazy bullshit.

If this board is any indication the older generation know nothing about college these days, so I'm not surprised they don't understand the student loan issue. They'll just say they aren't working hard enough or whatever, without any idea what tuition actually costs 

There is plenty of data to back this up. Plenty of polls and statistics. You need a degree and the cost of a degree has risen much faster than wages. This is causing young people to enter adulthood with a huge amount of debt, delaying normal milestones. Because of this debt were behind previous generations in acquiring property, wealth, etc.

Previous generations benefit hugely from a bunch of policies that benefited them and then they refused to stop hogging it and thinking about the future. They got spoiled. And now we're here. 

 

Otherwise we have a student loan bubble that's going to burst and fuck up the future of our country's economy 

Link to comment
Share on other sites

Why do posters on here continue to compare the crowds of one person among 8 others running for the presidential nomination for one party against the freaking president of the United States

Of course the actual president is going to bring a bigger crowd. Why is this a surprise? Why does Trump have such a fragile ego that he needs to feel like he wins this too, when they aren't even playing the same game?

Link to comment
Share on other sites

39 minutes ago, MLD Woody said:

Otherwise we have a student loan bubble that's going to burst and fuck up the future of our country's economy 

All created by the far left indoctrination system that created the guy all of you dumbasses love... Kind of ironic no? 

Link to comment
Share on other sites

4 hours ago, MLD Woody said:

Well I didn't vote for Hilary, so there's that.

 

 

Young people are the ones actively dealing with the tuition and student loan bubble, and Bernie has been talking about it for years.

Old folks, that bought a car for a nickel and paid for a degree working a few hours at a diner, just assume the youth isn't working hard enough. That's lazy bullshit.

If this board is any indication the older generation know nothing about college these days, so I'm not surprised they don't understand the student loan issue. They'll just say they aren't working hard enough or whatever, without any idea what tuition actually costs 

There is plenty of data to back this up. Plenty of polls and statistics. You need a degree and the cost of a degree has risen much faster than wages. This is causing young people to enter adulthood with a huge amount of debt, delaying normal milestones. Because of this debt were behind previous generations in acquiring property, wealth, etc.

Previous generations benefit hugely from a bunch of policies that benefited them and then they refused to stop hogging it and thinking about the future. They got spoiled. And now we're here. 

 

Otherwise we have a student loan bubble that's going to burst and fuck up the future of our country's economy 

Tell us your story........

Link to comment
Share on other sites

7 hours ago, MLD Woody said:

Well I didn't vote for Hilary, so there's that.

 

 

Young people are the ones actively dealing with the tuition and student loan bubble, and Bernie has been talking about it for years. 

Well they were actually the one's who created the bubble so...yeah.  It's not mandatory to begin with.  It's a life decision you took out a loan for, generally speaking.  You agree to the cost and the low interest, so pay it back like you promised.  Don't force people who never went to college and are already paying for local public education to help fund your non mandated decisions, that benefit only you financially.  That's chickeshit!

Old folks, that bought a car for a nickel and paid for a degree working a few hours at a diner, just assume the youth isn't working hard enough. That's lazy bullshit.  

Actually, the beloved government is the reason tuition is so high.  When they started throwing money around, the universities cashed in.  It was a trickle up effect in this case.  The community colleges started charging high prices since free tuition sent kids flocking to schools that didn't have the resources to handle them.  They had to expand campuses, hire more teachers, and more curriculum.  In turn, the state universities said, "we'll take some of that as well and our programs are worth more than these crummy schools so we have to raise our rates even higher."  Guess what happened when the private universities heard about this?  And the rest is history.  Seems to me, if you want schools to have lower tuition you would want government as far away as possible. 

If this board is any indication the older generation know nothing about college these days, so I'm not surprised they don't understand the student loan issue. They'll just say they aren't working hard enough or whatever, without any idea what tuition actually costs 

 Like one of my professors told me years ago, "You don't go to college to get a good job, you go there to learn about something you're interested in."  More than likely someone will pay for your "expertise", but it's not guaranteed.  If you get a degree in something not in demand, whose fault is that?  The taxpayer?

There is plenty of data to back this up. Plenty of polls and statistics. You need a degree and the cost of a degree has risen much faster than wages. This is causing young people to enter adulthood with a huge amount of debt, delaying normal milestones. Because of this debt were behind previous generations in acquiring property, wealth, etc.  

You do not need a degree.  Hell I'd surely make more money than I do if I learned HVAC and worked independently.  Diesel mechanics make good money.  Some construction jobs pay well.  My neighbor has way more toys than I do and he builds custom cabinets.  I think the problem here is most college kids don't understand how blue collar business really works.  Many tech schools will even get you a job right after your certification.

Now if your boomer mom and dad forced you to go to college, well that's an arguement between them, not society.

Previous generations benefit hugely from a bunch of policies that benefited them and then they refused to stop hogging it and thinking about the future. They got spoiled. And now we're here. 

I would argue the biggest difference between the boomers and now is purely consumption.  There, literally, wasn't nearly as many products on the market.  I see kids working at McDonald's wearing an Applewatch and listening to their phones on wireless earbuds.  They tend to put luxuries over priorities.  Boomers didn't have the same distractions.  I know that's not the whole of it, but it certainly is part of the problem with Millenials. 

 

Otherwise we have a student loan bubble that's going to burst and fuck up the future of our country's economy 

 Whose fault is that again?  It wouldn't happen to be the people wanting the bailout, would it?  Apparently, the idea is they didn't get a good paying job, nor will they ever, so we must save them from their own choices.  And it appears they don't understand they are stumping to pay for what is essentially a life long college tuition payment.  

 

  • Upvote 1
Link to comment
Share on other sites

7 hours ago, MLD Woody said:

Why do posters on here continue to compare the crowds of one person among 8 others running for the presidential nomination for one party against the freaking president of the United States

 I think enthusiasm has a pretty big impact as to which of the Democrats actually has the magnetism he needs to win.

Of course the actual president is going to bring a bigger crowd. Why is this a surprise? Why does Trump have such a fragile ego that he needs to feel like he wins this too, when they aren't even playing the same game?

if for no other reason Trump is actually a Showman Sideshow Barker etc etc. And before you think that's an insult I think that's exactly the main job of the president of the United States. He's an Entertainer and that's translated into a lot of money and success.  Every politician would be wise to make sure his base stays as energized as possible.

WSS

 

Link to comment
Share on other sites

Also Woody yes we realize you didn't vote for Hillary Clinton. In hindsight you probably should have written in Bernie.

And sure the older generation might have worked 8 hours a day and going to college for 6 and slept for a few. And yes cars were cheaper rent was cheaper etc etc etc. On the other hand those college degrees were meant to afford someone a $10,000 a year job. No idea what you are making or what you will stand to make in the near future. I'm sure it's much more than most Americans. I know some people hate the corporations I refuse to see the outright gluttony of the higher education cartel. The sucker people into taking out lawns for all sorts of useless degrees oh, my own included but I didn't take a loan.

WSS

Link to comment
Share on other sites

10 hours ago, Axe said:

All created by the far left indoctrination system that created the guy all of you dumbasses love... Kind of ironic no? 

To be more specific the indoctrination system did not "create" Sanders.  He and his ideas were already there, unfettered, for decades.

The gradual indoctrination to socialism by universities created his popularity. He's waited all his life for this.

  • Upvote 1
Link to comment
Share on other sites

I think Bernie will take a dip in the polls with the coordinated efforts of the MSM to take him down.

Trump actually benefited from the MSM  early on in the GOP 2016 primary. He was given an estimated 2 billion dollars in free air time. Much of the time he got he was allowed to go unchallenged on whatever he said. There were a few reasons for that. The media was getting a lot of viewers when they had Trump on the air and  more viewers mean more advertising dollars, he was slamming other republican candidates (they loved that)  and they believed Trump was the weakest link in the republican chain and were rooting for him to get the nomination believing Hillary Clinton would have an easy time beating him.

Once Trump secured the nomination and he was focusing his attacks on Hillary Clinton and not the other republicans running for president he quickly lost favor with the MSNBC and CNN crowd. 

Link to comment
Share on other sites

10 hours ago, MLD Woody said:

Yeesh, maybe you should just stick to posting memes and letting them speak for you.

I don't understand how you can give zero credence the idea of socialist indoctrination when the evidence is glaring.

Since you frown upon anything that comes from the right,  look up Jonathan Haight, college professor, Jewish, staunch liberal, New Yorker...and his writings about the "coddling of our youth" through our universities.

Once upon a time our colleges were once 50/50 as far as the ideology of its professors. The 50% that had conservative leanings were boomers who had or are dying off. The others have recycled themselves back into academia to where today the majority are liberal. And what is at the root of liberalism?...compassion, and feelings. Socialism IS compassion to these academics. It has become their passion to convince millions of students that  this Republic had been a massive failure, while painting a positive image of Socialism.

 

Link to comment
Share on other sites

President, first lady visit India’s iconic mausoleum following speech to 110,000

image.png.82e85217b181822da09d6e491ea830c8.png

image.thumb.png.a706b32cba56030a947196626d0a2d29.png

Trump's motorcade passed seemingly endless crowds in Ahmedabad with many cheering and waving American flags on the way to the 110,000 capacity Sardar Patel Stadium where the rally was conducted.

Large billboards were spread throughout the route showing Modi alongside Trump and his wife Melania.

 

Link to comment
Share on other sites

1 hour ago, Vambo said:

President, first lady visit India’s iconic mausoleum following speech to 110,000

image.png.82e85217b181822da09d6e491ea830c8.png

image.thumb.png.a706b32cba56030a947196626d0a2d29.png

Trump's motorcade passed seemingly endless crowds in Ahmedabad with many cheering and waving American flags on the way to the 110,000 capacity Sardar Patel Stadium where the rally was conducted.

Large billboards were spread throughout the route showing Modi alongside Trump and his wife Melania.

 

But the liberal media has been reporting for years the United States is no longer liked or respected around the world because of Trump...

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...