My new stimulus plan idea

[noppenbd]

The problem with your opt-out mentality is that human nature being what it is, these systems would crash if opt-out was an option. Because no one expects they will become disabled, or need survivor benefits, or that their portfolio doesn't return the promised "10% annual return". Take my mother, who is nearing retirement age. She has contributed liberally to her 401k over the years, and has about 1/3 of what the simulations projected! I can tell you that she will be getting her SS check as soon as she is able at 62. She is probably very happy that she did not have the option to invest that extra money in the market. I think this story is very common.

[disneysteve]

Originally Posted by jc3900

Since you are so worried about the small percentage of the population that might suffer disability and therefore not have their full time to save up for retirement, wouldn't it be best to just let people opt out and for anyone with disabilities set up a seperate welfare program.

And how would that be funded if a big chunk of the population opted out of paying into the system?

[Scanner]

I am sorry to hear about your father, but honestly if we didn't have SS he still would have been taken care of by someone. Maybe you would have had to delay your college, but someway and somehow he would have been taken care of.

Thanks for your sympathy.

But who would take care of him, JC? Who would have taken care of him/our family? He was the breadwinner by far. . .my mom was a school secretary.

A charity?

A charity is going to send my father $600/month for the rest of his career, while DuPont sent him $2400? (I am not sure of the actual breakdown, probably 66% Private Disability and 33% SSI)

You aren't serious, are you?

You are proposing a seperate welfare program?

You have SSI and Disabled Social Insurance?

[jc3900]

You know what, this argument is done because it is obvious that you guys don't care that large amounts of your money is being completely wasted and stolen from you. I don't know how to reason with you guys. Right now under the current entitlements ( not counting any great additions like universal healthcare) we are at a deficit of 17 trillion dollars to fund our current liabilities. All you people say is "Everything is fine." Sorry but playing with retirement ages and benefits won't do a thing.

In the end it really boils down to freedom. Freedom to do what I want with MY money. I don't even care if there is a poor old man who lost his job and is on the streets with his family. You have no right to come and take my money with good intentions of helping others. Because you know what the person who will be the best steward of MY money is ME. And that applies not only to investments but also to GIVING. Do you think If I was going to give 10,000 dollars to a charity I would pick a government program. No, I would have to be a moron.

You know what this thread has only made me more negative on the future of the United States. I thought the people on this site #1 priority was to be good stewards of their money. After reading this and other threads I have been convinced otherwise.

[Scanner]

You know what this thread has only made me more negative on the future of the United States.

And if you are representative of our current youth, our educational system has truly failed us.

You don't display any signs of critical thinking and/or analysis. Hopefully, college can make up for what our public schools have lacked in.

You are just parroting Rush-speak.

You can't have freedom without responsibility - but then again, you are 18. Your biggest responsibility such far has been to clean your room and eat your veggies.

[bjl584]

There is another thread from JC asking where to invest his income. He claims to have a family and earn over 166K. Rather impressive for an 18 year old. He may have started that thread out of curiousity, but if not, then I wonder what the true story is behind this person?

[jc3900]

There is another thread from JC asking where to invest his income. He claims to have a family and earn over 166K. Rather impressive for an 18 year old. He may have started that thread out of curiousity, but if not, then I wonder what the true story is behind this person?

Maybe you should have read the IF part. I am actually a 17 years old and was just wondering where I would invest after the traditional outlets have been maxed out. Is there something wrong planning for the future?

And if you are representative of our current youth, our educational system has truly failed us.

You don't display any signs of critical thinking and/or analysis. Hopefully, college can make up for what our public schools have lacked in.

You are just parroting Rush-speak.

You can't have freedom without responsibility - but then again, you are 18. Your biggest responsibility such far has been to clean your room and eat your veggies.

I am sorry I disagree with you. I could say the same thing of you. The only argument you guys ever make is the emotional plee of the breadwinner of a family becoming disabled.

I also find it quite insulting that you compare me to rush. I listen to him for at least 15 minutes every day and if he was saying the same things that I am, then I might actually like him a little bit. Rush is just a stupid moron whose only talking point is that democrats are stupid. He is right about that but I allready know that and I find it very annoying that he never goes after his own republicans considering they are mirror images of the democrats.

[bjl584]

Maybe you should have read the IF part. I am actually a 17 years old and was just wondering where I would invest after the traditional outlets have been maxed out. Is there something wrong planning for the future?


Maybe you should have read the part where I said that you MAY have been asking that question out of curiousity. Anyway, you are 17. Why aren't you in school right now? Unless they allow you on the web in class. Do you even have a job or pay into SS yet? I think that you are living in an idealistic world. You'll figure things out when you move out and start to support yourself. You can't even vote yet, or drink, smoke, rent a car, apply for a mortgage, etc..... You need some life experience to back up your points of view. There's lots of that here if you are willing to listen to it instead of attacking everyone that disagrees with you. Good luck to you.

[jc3900]

All I am wondering is why can't our country be like it was a 100 years ago? What is so wrong with living with the government of Jefferson and Madison?

Oh and the reason I am thinking and arguing about this is because I am ten times ahead of my fellow classmates. Just so you know I am not in school a lot because I take all of my classes except one at a state university.

[vsjhoc]

Originally Posted by jc3900

I also find it quite insulting that you compare me to rush. I listen to him for at least 15 minutes every day and if he was saying the same things that I am, then I might actually like him a little bit. Rush is just a stupid moron whose only talking point is that democrats are stupid. He is right about that but I allready know that and I find it very annoying that he never goes after his own republicans considering they are mirror images of the democrats.

If Rush is a "stupid moron" (and I'm not saying I disagree), then why do you listen to him for at least 15 minutes a day?

[Joan.of.the.Arch]

Totally deleted my comment as I was mucho confused. Pardon my goof, please.

[bjl584]

Originally Posted by jc3900

All I am wondering is why can't our country be like it was a 100 years ago? What is so wrong with living with the government of Jefferson and Madison?

There is nothing "wrong" with it. It just isn't the world that we live in. I am reminded of many of my professors that I had in undergrad. Many of them would preach the benefits of socialism, and how if we could live in a world like that everything would be perfect. The problem was, it is an idealist view of the way they thought that the world should be. Everything looks good on paper I guess. They didn't have any experience out in the "real world" so to speak, so they clung to their ideologies. They had no life experience to tell them otherwise. Their entire education and work experience was spent at a university reading about, discussing, and debating ideals and theories.

[jIM_Ohio]

Originally Posted by jc3900

All I am wondering is why can't our country be like it was a 100 years ago? What is so wrong with living with the government of Jefferson and Madison?

Oh and the reason I am thinking and arguing about this is because I am ten times ahead of my fellow classmates. Just so you know I am not in school a lot because I take all of my classes except one at a state university.

10X ahead in book smarts is making you 10X behind in common sense and the ability to communicate effectively.

You have much to learn, young Jedi.

[jc3900]

jIM Ohio: I could say the same for you that you lack an incredible amount of common sense. It is all about who is right in the discussion.

[Scanner]

If Rush is a "stupid moron" (and I'm not saying I disagree), then why do you listen to him for at least 15 minutes a day?

LOL. . .that's what I am thinking. . .a moth is drawn to the flame.

[sweeps]

JC, you're not going to accomplish much for your cause if you act like a hot-head. That makes you come off even more extreme. Why the need for personal attacks?