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Discussion in 'Coin Chat' started by Onofrio Bacigalupo, Oct 14, 2016.

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  1. -jeffB

    -jeffB Greshams LEO Supporter

    LOL. The Social Security that you paid went to the people who were getting Social Security benefits at that time. Now, you're getting the money that I and my cohort are paying into the system.

    When I retire, I can expect to get Social Security benefits for a few years, but only a few, before the entire system becomes insolvent -- current contributions will be unable to cover current demands, and the "reserve" exhausted.

    If "you get your own money back out of Social Security", bully for you -- but I won't, when my time comes. Because YOU, along with everyone else getting benefits in the interim, will have drained the account.

    Let me be clear: I think Social Security is a good idea, even though it in some cases takes money from those with less and gives it to those who already have more. But if you think it's a simple savings account to keep your own money safe until it's paid back to you, you clearly haven't thought this through.
     
    imrich likes this.
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  3. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    So the coin has a precious metal value of $5.09 and you assign zero value to it's numismatic value even though there are few to none of these coins left in Italy because all of the foreign tourists took them home as souvenirs. I too have KP SC by Cuhaj on a CD.
     
  4. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I research anything and everything my Chairman asks me to research, within the limits of the law, and as Clerk I maintain the official original records of the Committee, including making sure amendments are properly inserted and the original roll call votes of the committee. If you've ever watched C-SPAN 2 while a Senate roll call is going on, the equivalent for the PA House Urban Affairs Committee of the guy saying the Senators' names and taking down their votes, well, that's me. I also arrange public hearings and the testifiers for them. All this is done by both "sides of the aisle" and we then crosscheck to ensure accuracy. I have a super relationship with the other side. I have to.
     
  5. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

     
  6. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    Thank you. I'm only a CPA who specializes in taxation.
     
  7. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Sometimes my Chairman asks me to do something "over the line", something PARTISAN.. I have to refuse or face potential prosecution. "I was just following orders" does NOT work as an excuse. When I get asked, I have to push back. My guy is now #1 in the whole Capitol in seniority, House or Senate. Think that's easy to push back against? It's not.
     
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    BTW, I'm not 70.5, but I am in the first half of year #62. My age is 61. CURRENTLY EXISTING LAW says my normal retirement age is NOT 65, but 66 years and 9 months. The 65 retirement age is about to expire, VERY soon. And this is ALREADY in law.
     
  9. jester3681

    jester3681 Exonumia Enthusiast

    I work on the railroad. We have our own privatized retirement and don't pay into Social Security.
     
  10. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I thought that ended years ago. Is it still true for new hires?
     
  11. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    I know that the "normal retirement age" keeps increasing. The government wants us all to drop dead before we can reach our "golden years," which in my case includes three back operations, a carpal tunnel operation in each hand, and a cyberknife operation for a brain tumor.
     
  12. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

     
  13. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    I was thinking that but didn't say it. Thanks!
     
  14. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Yes, true, but what's wrong with that? When Social Security began, the retirement age was WAAAAY higher than the average life expectancy. That's what made it work - most people would never collect a dime! Without 21st century medicine, you and I would have both been long dead before retirement age. Me? For certain at 54. You? Don't know.
     
  15. jester3681

    jester3681 Exonumia Enthusiast

    Absolutely. It's the single biggest reason any of us stick around and the biggest part of its continued solvency is the participation of current employees. Over the years, the retirement age has changed, but the benefit is still the same.
     
  16. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    So you agree with the corrupt government that we should all drop dead before we can "enjoy" our retirement. Sorry, Kurt, I have an eight year old daughter that's autistic and she needs me, my pensions and my medical insurance policies. I also have two grandsons, my son and my daughter-in-law whose company I enjoy. I don't plan to croak any time soon. I wish you a long and happy life. You're a very smart man even if you don't agree with my coin sales!
     
  17. fish4uinmd

    fish4uinmd Well-Known Member

    I've decided to stop buying any coins on eBay...all of the sellers are greed driven cheap skates (TIC).
     
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  18. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    sAME CAN BE SAID FOR BUYERS ON FEEBAY.
     
  19. USS656

    USS656 Here to Learn Supporter

    Way too much off topic discussion throughout this thread. It's done.
     
    Kentucky, jester3681 and imrich like this.
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