[The Conquistador]

Originally Posted by smc

How is it any more protective of your individual rights and liberties to have government at the state level take care of all these other things? And why have a "united states" at all?

If you're so against Social Security, are you going to collect when you retire? Sure, the government has been extracting some money out of your paycheck to cover your later draw, but on a principled basis shouldn't you refuse the payback?

Not all states have restrictive regulations. There is variety amongst states; if you don't like how one state does business, move to another one. It's the same reason why we have multiple business chains and shops rather than one monolithic WalMart. Freedom of choice. You can't really do that on a country level when few countries offer the amount of freedoms that we do and the only country that does becomes more oppressive every day.

I will not collect Social Security when I retire. I am 24 right now and by the time I am eligible to collect, there will be no more Social Security funds to draw from. Anyone who thinks about it will realize that Social Security is a massize ponzi scheme and if anyone has been paying attention to the news as of late will know that they are already denying people their SS payments because there is not enough money to keep it funded. Good luck gettin yours. If I didn't have my money taken away from me by the fed, I wouldn't have to even worry about getting back what I put in. I can fare better if I had the money that is deducted from my pay and put into Social Security put into a Roth IRA instead.

http://arthurshall.com/x_social_security.shtml
http://arthurshall.com/x_2010_social_security.shtml

BAN SOCIAL SECURITY

This article is titled "Ban Social Security" and the basic premise is of course that Social Security is the biggest rip off in the history of the world. If you think this is an overstatement, shut up and read on. The first thing we need to look at is the history of this ill-conceived program. This program was designed during the FDR (I won't refer to this communist by name) administration and that is strike one against it. The rational given to the people was it would secure a decent life for seniors but in reality it was a money grab by the administration after the precipitous decline in tax revenues as a result of the Great Depression. They told everyone "Hey give us part of your income and if you are lucky enough to live to 60 (at the time, by no means a given) we will give a measly check every month"!!! Wow, what a fucked-up, cynical system! This concept is nothing but creative wealth redistribution, which of course is every liberal's panacea. FDR was the great Robin Hood of the 20th century and he is celebrated by idiots everywhere. I hate FDR, his ideas and programs created a mushroom cloud of entitlements that threaten to cause a Chernobyl-like meltdown of our economic system.

Now, I feel like I have to give you economically challenged yokels out there a explanation of how this shit works. They take 6.2% of your income and they force your employer (McDonald's or Walmart in your case) to match that contribution. So if you look at it, those fuckers take 12.4% of your income every God damn week. Now I am going to do a calculation for you, I am sure you will not understand it but read it anyway! Now if you make $50,000 per year that means that $6200 of your hard earned dollars go into this program per year. Let's assume we were given $5000 of it and your employer kept $1200 of it to invest in the business to improve operations, hire more workers, or redistribute to shareholders (Hey, liberals… business owners create jobs! Imagine that!! Another bit of Viking wisdom for you). Next lets do some simple math, if you are 25 years old and you invested it at a 5% return (which is far below the median market return over the last 100 years) you would have a yearly income of $160,000 per year after age 65!! Now of course, we have to adjust that for inflation with the assumed rate of 3% you would have roughly $55,000 year. So in other words, by not doing anything but taking back the money that the government stole from you and doing it yourself, you could guarantee a comparable standard of living to what you enjoy now. FUCKING AMAZING!! Now if you were to actually do something extra, 401(k) for instance, your standard of living could actually improve after age 65, something that the modern SSN system is utterly incapable of doing.

I am not writing this to say that the current proposal from the Bush administration is much better than the current system. It is better but it is a stop-gap and does not fix the main issue. The main issue is that our population is aging and soon the money just flat won't be there to cover the payments. One fix for this is for you weak-minded, limp-wristed, testosterone-lacking metrosexuals to actually man up and have kids. We know this won't happen because the same groups (Dumbocrats, they are always fucking things up!) that oppose scrapping SSN are the same groups that advocate abortions for anyone and everyone. That, in combination, with your miniscule sperm count from the infusion of estrogen that you seem to thrive on is the death blow for the correct demographics for this Robin Hood system to continue to function. The only other solution to this issue is to kill the entire program. I can hear the cries from the peanut gallery already "What if the people don't invest the money and they don't have anything when they are old?" or "Who takes care of the poor people that did not do the right thing?” Well, I have a simple retort to that. FUCK EM!! If you are too stupid to take care of yourself and you think that the government should take care of you, guess what we have for you? A one way ticket to North Korea and you can see, first hand, what a government controlled system looks like. If you allow your friends and family to take that extra money and buy more Doritos with it then you deserve to pay when they need insulin to treat their self-induced diabetes. I have a fear that if we give these idiots more money they will buy more DVD's, frozen food and just generally waste all the money. Actually, that is not a fear, I own stock in all companies that take advantage of stupid people and when they are broke, fat and alone I won't be paying thousands of dollars a year to subsidize their self-destructive habits and my dividend checks will grow!! Wow that is great. The moral of the story is that we do not need Social Security and the sooner these bastards in Washington figure it out, the better of we all will be!!! Oh yeah, burn in hell FDR!!!