Ron Paul was asked if he receives social security. Here is the video clip.
Ron Paul was asked if he receives social security. Here is the video clip.
RP also received 30 years of congressional pay he didn't really need....Originally Posted by Adrock
Last edited by klamath; 01-02-2013 at 09:24 AM.
War; everything in the world wrong, evil and immoral combined into one and multiplied by millions.
i was in the military 8 yrs ( started at $85/mo , $200/mo when got out ) , then active reserves/national guard 5 yrs. went to jr college at nights under gi bill while working .
worked goverment defence plant 30 yrs very high tech electronics , between my employer and my money put about 250k into social sec , compound the interest on the contrib's and would be about $300k at time of retirement .
retired with no retirement from employer , just profit sharing plan . at 62 started getting ss ( and spouse ) , about $1800/mo , it's been 10 yrs , so if the ss account had 300k when i started drawing ss , after the 1st year 300k-21k , then about 280k add interest ,
after drawing for 13 yrs i figger i now have got back all i put into ss plus what my employer put in ( i figger it to be part of my salary while working there ) .
from now on i guess you could say i am using money the people working now are putting into ss, for sure not as good as congressman get.
legacy costs are going to break all goverments --city-county-state-federal
my solution , military --stay 25yrs for 50% retirement , for every year in a haz zone get 2 yrs credit
goverments --firemen/policemen change to 25 yrs to retire
above is just some numbers to chew on , i have no regrets .
one think about getting older other than getting more ss $ is its more easy to shoot your age playing gold , i have done it 5 times .
been lucky , never used medicare/cad
Last edited by ILUVRP; 01-02-2013 at 09:26 AM.
No. The amount me and my wife have paid in taxes from just 2 years of work has exceeded those benefits (most of which derived from college grants).
I am a retired Marine. I do collect a pension for my 20 years of service. I do not feel guilty in receiving the money I get. This was an informed choice I made. I took 20 years of being shipped away from my family and earning less than I could have in the private sector in part because of the total package I was offered which included medical care and a pension.
I would like to see the military move more towards a 401k type program so members who serve less than 20 years could get something towards their retirement.
in the past several years I have been using a portion of my retirement to support the liberty movementso it is all good.
Insanity should be defined as trusting the government to solve a problem they caused in the first place. Please do not go insane!
I have no problem with people collecting on contracts they have made with the government. That doesn't mean you can't work to eliminate programs or change how the government contracts in the future.
direct question - the US govt. is running a $1.6 trillion yearly deficit. should not all payouts be reduced across the board for everyone receiving govt. $$ to bring this to $0 ? and we haven't even started to get into the 50-70 trillion in unfunded liabilities promised...
to other posters who say "take what you can now" - how is the system crashing faster going to change things for the better? it's just more debt being pushed off that has to be paid eventually - either through inflation, a lower standard of living or higher taxes. you think govt. is going to get smaller? is there ANY time in history where a currency collapsed and the govt. didn't get bigger and make life worse for it's citizens? this is like eating sugar for years and the dentist telling you to stop or your teeth will rot and you'll need dentures - then they do -- and you find out dentures suck. it's not sunshine and roses coming.. it's misery.
"I have no problem with people collecting on contracts they have made with the government."
We are the govt. We are broke. Are you advocating we put our kids and grandkids on the hook to pay for things when they have no say in the matter?
I thought that a major reason the Roman Empire collapsed was because of overspending and inflating it's currency.
So what exactly are you sugesting people that are now too old to return to the workforce do? You seem to be passing a lot of judgement?
War; everything in the world wrong, evil and immoral combined into one and multiplied by millions.
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