mdb1958 wrote:If I paid my money in and you paid your money in, your statement is lacking.
So because you paid in you get to have my money too?
mdb1958 wrote:If I paid my money in and you paid your money in, your statement is lacking.
The Outsider wrote:mdb1958 wrote:If I paid my money in and you paid your money in, your statement is lacking.
So because you paid in you get to have my money too?
uscbucsfan wrote:Mountaineer Buc wrote:Yes. Shitting the bed by eschewing its responsibility to the public.
Yes, I'm serious. How is it that the "Free Market" is completely blameless?
Did the government force Ken Lay to lie to his shareholders?
Did the government force tobacco companies into marketing their products as perfectly safe and even beneficial for health?
Did the government force banks into creating bogus accounts and loans at Wells Fargo?
No. But the government did get left to pick up the pieces.
You believe we have any facet of a free market? Everything is so deep in politics that there's not way to test any sort of free market practices.
The government and it's regulations allowed Wells Fargo to become the super power they became in the first place. Other regulations caused the recession/housing crash. Afterwards the new regulations that have been put in place are killing all of the smaller banks in the country and creating more banking mergers than we've had in history. We went from 26 Banks in NC last year to 6 due to the new regulations and the smothering of smaller FIs. The regulations are bolster the mid-large tier banks who were the biggest issue in the first place.
A heavy handed government and a free market cannot exist together by definition. The pieces the government is "forced" to pick up it's culpable for and honestly, in most cases, uncalled for.
I've never stated anything about anarchy. Any sort of criminal acts absolutely need repercussions. There needs to be some governmental control, but it's gotten too big and too encompassing.To allow an overtly corrupt group of people who run one of the worst organizations in the world control everything is asinine.
Instead of allowing consumers to take losses and learn from mistakes, allowing the market to make corrections, you believe the government should step in and control everything? This same government that bleeds losses on a daily basis.
mdb1958 wrote:The Outsider wrote:
So because you paid in you get to have my money too?
You get yourn and keep you greedy not paying long enough fingers off of mine.
mdb1958 wrote:Having the millions of citizens that choose not to do the 40,50, 60 hour a week thing for most of their life is what sucks money away. Then the redirection is to blame old people ---- get real.
The Outsider wrote:mdb1958 wrote:If I paid my money in and you paid your money in, your statement is lacking.
So because you paid in you get to have my money too?
The Outsider wrote:mdb1958 wrote:Having the millions of citizens that choose not to do the 40,50, 60 hour a week thing for most of their life is what sucks money away. Then the redirection is to blame old people ---- get real.
Ah, yes, the millions of citizens who literally live in poverty for no reason other than their desire to live in poverty.
beardmcdoug wrote:uscbucsfan wrote:
You believe we have any facet of a free market? Everything is so deep in politics that there's not way to test any sort of free market practices.
The government and it's regulations allowed Wells Fargo to become the super power they became in the first place. Other regulations caused the recession/housing crash. Afterwards the new regulations that have been put in place are killing all of the smaller banks in the country and creating more banking mergers than we've had in history. We went from 26 Banks in NC last year to 6 due to the new regulations and the smothering of smaller FIs. The regulations are bolster the mid-large tier banks who were the biggest issue in the first place.
A heavy handed government and a free market cannot exist together by definition. The pieces the government is "forced" to pick up it's culpable for and honestly, in most cases, uncalled for.
I've never stated anything about anarchy. Any sort of criminal acts absolutely need repercussions. There needs to be some governmental control, but it's gotten too big and too encompassing.To allow an overtly corrupt group of people who run one of the worst organizations in the world control everything is asinine.
Instead of allowing consumers to take losses and learn from mistakes, allowing the market to make corrections, you believe the government should step in and control everything? This same government that bleeds losses on a daily basis.
Usc, it just occurred to me that there's a huge gap in perception, between you and MB, of what "regulations" means:
- You see regulations as something that primarily ends up damaging the little guy, which leads to this sort of distillation of a market sector, which leads to mega corps. You see regulations as a rising tide that drowns the little guy, and that the mega corps can withstand and keep their head above the water.
- MB imagines regulations as something that are supposed primarily affect mega corps, reigning them in, making them play by the rules, which gives the little guy a fair chance at competing against an "opponent" that has the money and resources to, if left unchecked, rewrite rules in their favor, or buy up competition. MB see regulations as putting a ceiling to the room - a ceiling that the little guy isn't even close to touching - a ceiling that keeps mega corps from growing too tall - a ceiling that prevents anyone from growing so tall that they can step out of the room and decide what the room looks like in the first place
You both don't like megacorps and monopolies, you just think they're created in two different ways.
USC, you have to ask yourself, in a scenario where you have absolute unfettered capitalism, where there's no rules, do you honestly think monopolies wouldn't develop? Do you honestly think that, with greater and greater funds and resources (and we're talking about amounts equivalent to entire nations), that a company wouldn't begin to attempt to influence the rule making process so that it further grants itself a greater and greater competitive advantage? If you've got a bad taste in your mouth about regulations, maybe it's because they've all been written by politicians who are bought off by mega corps that have already out grown the room...
mdb1958 wrote:You sound like you will be bragging about having your handicap sticker since you were 25 because of migraines from lack of medical marijuana.
The Outsider wrote:mdb1958 wrote:You sound like you will be bragging about having your handicap sticker since you were 25 because of migraines from lack of medical marijuana.
See, it's people like you. If we could just take every trogloditic **** like yourself that is currently tainting our gene pool and drop them in a volcano the world would be a much, much better place.
mdb1958 wrote:The Outsider wrote:
See, it's people like you. If we could just take every trogloditic **** like yourself that is currently tainting our gene pool and drop them in a volcano the world would be a much, much better place.
I, myself, did not cause whatever situation you are in right now. By the time I understood even a little, they were saying the money for SS was spent elsewhere.
If I understand you, you dont trust retirement accounts, I dont blame you at all. I dont either. but I did it anyways. Your only other choice is to save without any growth attached to your savings and that is going to take a lifetime. Limit yourself to 2 dime bags a week and save the rest.
From as long as I have been posting I have said it was stupid for the government to run on a credit card. You and I both are experiencing the animal that is 20 trillion in debt.
Brazen331 wrote:mdb1958 wrote:
I, myself, did not cause whatever situation you are in right now. By the time I understood even a little, they were saying the money for SS was spent elsewhere.
If I understand you, you dont trust retirement accounts, I dont blame you at all. I dont either. but I did it anyways. Your only other choice is to save without any growth attached to your savings and that is going to take a lifetime. Limit yourself to 2 dime bags a week and save the rest.
From as long as I have been posting I have said it was stupid for the government to run on a credit card. You and I both are experiencing the animal that is 20 trillion in debt.
I agree that we shouldn’t blame mdb for the debt and the Social Security mess. He’s going to get more Social Security than most of us because he’s older than most of us. That’s just the way it is and some things will never change.
Zarniwoop wrote:Pirate Life wrote:Reinstate the lock box that we had the last bit of the Clinton administration. Stop Congress from using SS funds to pay for gov't expenses.
This is an absolute must ... and reason number 5,987 you can trust any government official .... they took our money to help pay for older retired folks. They then gave that money away. Now they have to collect from our kids to pay for the older folks we already paid for.
Seems like good management to me ... where can I sign up?
Pirate Life wrote:Zarniwoop wrote:
This is an absolute must ... and reason number 5,987 you can trust any government official .... they took our money to help pay for older retired folks. They then gave that money away. Now they have to collect from our kids to pay for the older folks we already paid for.
Seems like good management to me ... where can I sign up?
Ah, no. They didn't take our money to pay for older retired folks. They took money from SS as loans to the gov't so they could use it to cover spending for the budget. Social Security is a wealth redistribution program only in that the gov't keeps using the collected funds for things other than the intended purpose.
https://www.cato.org/publications/comme ... l-security
mdb1958 wrote:And if the wealthy, who didnt even need it had the attitude of I paid it and I want it, well back then it would have been considered shameful.
uscbucsfan wrote:Mountaineer Buc wrote:No.
Of course you say no. You love the idea redistributing wealth by the government.
Buc2 wrote:uscbucsfan wrote:
Of course you say no. You love the idea redistributing wealth by the government.
How is SS redistributing wealth when I'm the one that ****ing paid into the GD thing? It's my wealth to begin with.
Zarniwoop wrote:Buc2 wrote:How is SS redistributing wealth when I'm the one that ****ing paid into the GD thing? It's my wealth to begin with.
Anyone who makes a decent living will never receive nearly the benefits they put it....their money will go to people who didn't contribute as much
as such a good chunk of what you put it will be redistributed to others
Buc2 wrote:Give me back every single $ I've paid into SS since I began earning taxable paychecks (around 1974) and add in a reasonable rate of return (10% APR? 15%?) on my investment based on 44 years worth of contributions and I'll gladly take my money today and walk away from the SS system. Otherwise, I will join the huge class action lawsuit that will happen should government just do away with SS altogether. Many of us are too close to retirement to be able to make that money back at this point in their lives.
uscbucsfan wrote:With winners like
Commodity Futures Modernization Act
Community Reinvestment Act (specifically the re-writing of it)
Protection of Lawful Commerce in Arms Act
Dodd-Frank Act
Affordable Care Act
and the great government practices/plans such as:
The War on Drugs
Marijuana in general
Government Bailout of the car manufacturers
Government's involvement in subsidizing companies to grow monopolies like the ISPs, telephone companies
Patriot Act
The deficit in general
The SS blunders we are discussing in this very thread
I don't see why anyone can argue that we have a small government, a pure free market society, and that you can trust big government with more responsibility with things like health care, more retirement money (or more of our money in general), or a UBI. These are things just off the top of my head.
MB, I think most of our conversation would serve a better place in the ideology thread, but we are at a big disconnect with our perspective of government size and intervention. I could provide an extensive list of things that I believe should either be handled at a state level or allow free movement within the markets. We don't agree, but I'd like to continue the conversation at some point. Unfortunately I'll be tied up the rest of the day.
Brazen331 wrote:I agree that we shouldn’t blame mdb for the debt and the Social Security mess. He’s going to get more Social Security than most of us because he’s older than most of us.
mdb1958 wrote:Brazen331 wrote:
I agree that we shouldn’t blame mdb for the debt and the Social Security mess. He’s going to get more Social Security than most of us because he’s older than most of us. That’s just the way it is and some things will never change.
What they give you wont even pay the bills if you factor in property tax and insurance. Well maybe you can make a salami sandwich and watch NCIS reruns.
If you want to do more than look at the walls, you better plan for it.
You would think inflation and all that other stuff would give you more money but I doubt I get as much as my Dad did and I prolly paid in a little more. So what he got helped him much more than the lesser amount will help me.
Return to Politics and Religion
Users browsing this forum: Buc2, PanteraCanes, SDBucs, uscbucsfan and 12 guests