P2P blockchain.
Nopa “Soc sec only holds treasuries
"I'll get back in increments what I paid in SS taxes for as long as I'm alive as long as SS is solvent."
Who argued otherwise?”
That’s not what I said you fucking idiot.
I specifically said the Treasury and it was in reference to IOUs it issued.
Reading compression asswipe.
Fuck you asshole. You're just arguing semantics.
So you don't think the Treasury holds notes, bills and repo agreements. You are a stupid fuck.
Just because you can win arguments with your fucking inbred family doesn't mean you can puke your stupid semantical bullshit here and have people think you're profound.
I'll bet you every fucking welfare check you get for the rest of your life that when it comes time for me to retire I'll get back in increments what I paid in SS taxes for as long as I'm alive as long as SS is solvent.
PUOSTFU.
You insinuated it by using 80 year old data when the SS trust was initially being funded.
Before you said it wasn't a trust. Now you say it is.
All the Treasury holds are IOUs in the form of dollar bills, treasury bonds, notes, bills and repo agreements that it gets to decide are valuable. You don't have a fucking problem with that though do you?
I never said any of it was fiscally sound. I said as long as SS was solvent then I get back what I paid minus inflation. If that weren't the case then millions of people over decades wouldn't have have been able to retire.
You're the one advocated a socialist ponzi scheme be used to fund Texas retirement in the case of secession. Fucking stupid;
Just STFU asswipe.
Fuck you. You just flap your stupid fucking gums about semantic bullshit.
Show me where today people get back more SS than they paid. You can’t because you’re a fucking moron using 80 year old data that only shows where the SS trust had to be funded so naturally people who were early payers and then retired soon after we’re given more benefits than they paid.
SS is a tax that funds a fucking trust that you claimed isn’t a trust. Trusts have to be initially funded.
Show me an example today of where somebody gets more SS than they paid in.
PUOSTFU asswipe.
You are borrowing from yourself because you pay interest on the loan.
A Ponzi scheme uses the investments of later investors to pay earlier investors. That is the definition and that’s what SS does. You’re putting arbitrary definitions on the term because you just want to be argumentative.
You’re borrowing from yourself. It’s the money you put in the insurance policy. Any retard can see that.
SS is a Ponzi scheme. Just like all Ponzi schemes the last one in gets left holding the bag if it goes insolvent.
It will when the illegals get amnestied and the borders are open.