No, charity is nothing but businessmen getting between people who have something to give, and those in need, and taking most of it for yourself. I'm in DC in the middle of the Catholic Charities operation right now, what a sick joke.
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No, charity is nothing but businessmen getting between people who have something to give, and those in need, and taking most of it for yourself. I'm in DC in the middle of the Catholic Charities operation right now, what a sick joke.
SixPapaCharlie
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Its a free hospital for sick kids.
Ok, gotcha, they do some good, and make a tidy profit as well. Both are sustainable.
The problem is the funding model never changes. It's about begging for scraps when the bounty is meant to be shared. The problem is that we think there are lesser value people than others, and we rank them by how much money they have, or can accumulate. We idolize those who **** the whole country and even culture over just to secure their profits on their rags to riches success story. We always back the guy that can brutally ass rape the most people.
nddons
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It's also a research hospital, founded by Danny Thomas, and named after the Patron Saint of hopeless causes. We donate to St. Jude's as well.
SixPapaCharlie
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Actually it is a non profit.
Not to derail the "woe is me thread" but everything I have read about it suggests it is a good organization
http://en.wikipedia.org/wiki/St._Jude_Children's_Research_Hospital
Not to derail the "woe is me thread" but everything I have read about it suggests it is a good organization
http://en.wikipedia.org/wiki/St._Jude_Children's_Research_Hospital
poadeleted21
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St. Judes is the only charity I donate to these days. They do good work. I used to live in Memphis, dated a girl who worked there. A lot of people don't last a month working there. There are a lot of Dr.s in the Memphis area who spend most of their time there, free of charge.
poadeleted21
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You should go visit sometime. Seriously.
RJM62
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Geek on the Hill
You're overlooking the fact that until the late 19th Century, the extended family was still the norm in America. It was simply assumed that young people would house, feed, and take care of their elderly parents.
I know, it's crazy, right? But that's how people thought back then.
By the early 20th Century, the extended family was no longer the norm in urban areas (except among immigrant families). In addition, advances in public health, sanitation, and medicine had resulted in an increased percentage of Americans living to old age. The average life expectancy of a male born in 1850 was 38 years, and only about 1 percent of Americans were 65 or over. By 1930, the average life span for a male had risen to 58 years, and 6.63 percent of Americans were 65 or older.
The Old-Age Insurance section of the Social Security Act was a reflection of these demographic changes, not a result of the increasing irresponsibility of Americans. It was an imperfect solution, for sure, but it was an attempt to respond to a changing demographic landscape, not a greedy attempt to screw you and your generation out of your money.
By the way: The average life expectancy has increased another 19 years since the dawn of the boomer era due to continuing advances in public health, occupational safety, and medical care supported and paid for by the boomers. But I suspect that you have no gratitude for those extra years, either.
Rich
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It is, I do not deny that. "Non Profit" just means they don't pay shareholders out of the earnings. There is no limit on administration and executive compensation packages in a non-profit. Red Cross is a Non Profit, they collected over $500,000,000 for the Haiti earthquake promising all this construction, but nothing has happened. They have not spent 1/10th of that in Haiti, where is it?
The point is, if you have a system that requires charity to function, you have a broken system to begin with. Cure the disease, don't treat the symptoms.
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nddons
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I should. We began donating to St. Jude's after we went through a scary time with my daughter, and had to go to Children's Memorial Hospital in Chicago. I then learned that our worries were so minor compared with what other children and families had to deal with.
It breaks your heart, and gives you hope all at the same time.
Dav8or
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You see, the Boomers recognize the power and influence of this thing called "voting". Your ever disappointing generation seems to like to avoid it, because, dude, it's like school and stuff. It's like all hard. You have to study and then take a test... screw that crap. Fur realz...
If your generation where to ever to rise up and the skateboards and Beatz headsets were to go flying, they would vote solidly Democrat and the depth and breadth of the new entitlement programs would swell to sizes the world has never seen. Your fellow millenials would love to tax the hell out of you to pay for it. Hey, somebody has to take over where Mom left off. Why do think the Democrats go courting the "youth" vote every election cycle?
Seriously? You have your panties in a wad because you have to pay for old people? If you got your way and those old people got kicked to the curb, what would you do with your newly gained wealth? Buy a bigger airplane? A second boat dock? A whole cellar of vintage aged Bourbon? I seriously doubt a guy that is too high brow to drink something as lowly as wine, is going to be giving all to charities.
Yes they existed. That's it. Just existed. Life was harder then and it sucked. Guys like you back then lived grand by raping the less fortunate whenever possible. It sucked so much back in the day, that people got together and voted (there's that annoying super power that old people seem to have again) to try to make life better for more people. How do you think we got here? Life was so good back then that we had to screw it up just for something to do?
warthog1984
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Just counting the posts. After 2 days and 11 pages, we're up to what... 5 on topic posts?
OTOH, we've stayed out of SZ and Godwin territory, so it's a half win.
OTOH, we've stayed out of SZ and Godwin territory, so it's a half win.
Stuff it, Gramps. You clearly forgot to take your fiber supplement; makes you ornery.
Keep treating the younger generation however you see fit. They'll be in charge when you REALLY need them and are too feeble to do anything about it.
JOhnH
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Funny, the guy that is complaining about the older generation being greedy wants to deny them what they have been promised and paying towards all their life just so he can save a few bucks.
ClimbnSink
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Greg
Promised not earned. The gov promises me all sorts of things if I go on the dole, so it is cool to take them right? Government promised.
SixPapaCharlie
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I blame having an African American president and the nazi's for that.
poadeleted21
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You see, the Boomers recognize the power and influence of this thing called "voting". Your ever disappointing generation seems to like to avoid it, because, dude, it's like school and stuff. It's like all hard. You have to study and then take a test... screw that crap. Fur realz...
If your generation where to ever to rise up and the skateboards and Beatz headsets were to go flying, they would vote solidly Democrat and the depth and breadth of the new entitlement programs would swell to sizes the world has never seen. Your fellow millenials would love to tax the hell out of you to pay for it. Hey, somebody has to take over where Mom left off. Why do think the Democrats go courting the "youth" vote every election cycle?
Seriously? You have your panties in a wad because you have to pay for old people? If you got your way and those old people got kicked to the curb, what would you do with your newly gained wealth? Buy a bigger airplane? A second boat dock? A whole cellar of vintage aged Bourbon? I seriously doubt a guy that is too high brow to drink something as lowly as wine, is going to be giving all to charities.
Yes they existed. That's it. Just existed. Life was harder then and it sucked. Guys like you back then lived grand by raping the less fortunate whenever possible. It sucked so much back in the day, that people got together and voted (there's that annoying super power that old people seem to have again) to try to make life better for more people. How do you think we got here? Life was so good back then that we had to screw it up just for something to do?
I am by no means rich, I inherited my father's (who passed away at age 58 while moving into the house he purchased to retire in) house he bought to retire in. It was purchased mainly with funds my grandfather had saved from running a 2 pump service station for the majority of his life.
Give my generation $1,300 no strings attached (other than voting every couple of years) and see if our numbers increase at the polls. Oh and not having a job or any responsibilities helps too.
Oh and my generation leaned Republican in the last 2 elections.
I'm offended by you calling me "fortunate". I grew up in a home currently valued at less than $50K. Worked my way thorough college to pay for it, lived in my car at times. And, I have worked many nights to see the sun come up. Being "fortunate" didn't have a lot to do with it.
Stuff it, Gramps. You clearly forgot to take your fiber supplement; makes you ornery.
Keep treating the younger generation however you see fit. They'll be in charge when you REALLY need them and are too feeble to do anything about it.
The thing that's amusing to me is that they already have the power, but they don't use it. Instead of complaining about older folks voting too much, they should be trying to educate their peers on the cost of apathy.
And then they say, well, if it meant $1300 a month to them, they would vote. Well yeah, but it's their own generation's apathy that allowed these alleged injustices to occur. So they need to vote in order to get a fairer deal, but they don't vote because they're not getting a fair deal. It's a self-defeating line of reasoning (if it can be called reasoning at all).
poadeleted21
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Again, you haven't been "paying towards" anything. You were taxed, it was spent.
And yep, the people on SNAP have been promised things too, I don't like that system either. Though I support it more than I do SS. We might help a young single mother of 4 get back on her feet. With SS. We're just paying people to hang out for the rest of their lives.
When you say it was spent, are you including non social security spending in that?
gkainz
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If this is the understanding of SS then you obviously weren't paying attention in Government, Econ or American History classes.
On the other hand - maybe I have to agree with you ... any time the government forces money from its citizenry, it's a tax. Regardless of the promises made on use of the money, it's a tax. And then the money was just too big a temptation for our illustrious leaders to leave alone, so then it was stolen and spent ...
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poadeleted21
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Nope.
What do you mean, everything is spent, and the best part is, it was all imaginary, and the Fed can imagine as much of it as they want. Congress gets to take as much of it as they want, since any bond the Treasury can't sell elsewhere, the Fed has to buy, and they get to imagine up the money to buy them with.
Your entire life revolves around fulfilling someone else's fantasies of absolute power.
poadeleted21
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Let's just head to wikipedia for crowd sourced summary.
3rd sentence of the wiki article.
wikipedia said:
Are you accounting for interest at Treasury security rates?
poadeleted21
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Yep. if we're pretending.
overdrive148
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RJM62
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It's interesting that you point a link to the article about FICA (which is not Social Security at all but merely the law passed to authorize the collection for Social Security, Medicare, and several other programs) rather than the article about Social Security itself.
Oh wait, I see why: The article about Social Security states eight times that individuals are entitled to benefits. Can't have that, now. Wouldn't want the facts getting in the way of your bull****, would we?
The thing I'm wondering right now is if you're just defending your position, or really are stupid and deluded enough to believe that you can make bull**** true just by repeating it enough times. Frankly, you remind me of Dorothy in The Wizard of Oz chanting "There's no place like home."
The only difference is that no matter how many times you chant, nothing will change. You'll still be a bull**** artist who doesn't know his ass from a hole in the ground, and Social Security will still be an entitlement.
Rich
Every investment or bank account you have is a pretense, if you want to look at it that way.
You can call it pretense if you like, but the way I look at it, the people who have paid and are paying Social Security taxes are entitled to both principal and interest for the money that's been lent to the Treasury, the same as if they had bought Treasury securities directly.
You say the money was spent. The Social Security Administration says they held about 2.8 trillion dollars in federal government securities as of the end of last year. If you're not saying it was spent for non social security purposes, and you're counting the accrued interest, how do you account for the difference between your story and theirs?
http://www.ssa.gov/oact/STATS/table4a3.html
gkainz
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So, is it a Contribution or a Tax ... can't be both ... since a Contribution is voluntary and a tax is not ...
and let's not even get into the almost 20 years where I paid both the employee and employer "contributions"
What you call it is less relevant than whether you consider the people who paid into it to be entitled to the principal and interest on the amounts paid.
poadeleted21
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poadeleted21
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It's quite clearly a tax. You were taxed. It was spent.
Congrats. That's enough to fund SS for 3 years.
I'm not making claims about how long Social Security can remain solvent. I'm questioning exaggerated rhetoric.
By the way, for those who are interested, here is the Web site that graph came from:
http://www.usgovernmentspending.com/social_security_spending_by_year
No interest? That sounds like a raw deal.
poadeleted21
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I'll take it. My wife and I are estimated to lose at least $200K if not all of it. If were still pretending SS is an investment.
EdFred
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Retroactively compounded at current bank account rates. Hey you wanted the gov't to wipe your asses in lieu of wiping your own ass.
Here's a larger version of that chart:
http://en.wikipedia.org/wiki/File:Social_Security_Worker_to_Beneficiary_Ratio.png
It doesn't show any projection beyond fifteen years from now. Wouldn't enough baby boomers be dying off after that to reverse the trend?
If you're volunteering to forgo your share of the compound interest on what you have paid and are paying, that's very generous of you, but I don't think it's right to demand that others do so.
Investment professionals consider U.S. Treasury securities to be the safest investment there is. I'm not saying it's the best investment, of course.
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