Is Gen Y going to be the most productive generation ever?

<div class='quotetop'>QUOTE(Sassy Pamela @ Jun 25 2007, 01:41 PM) [snapback]467687[/snapback]</div>

Ah, I see you've met our "Dr." "Berman". Don't worry about him, assuming he'll get his first social security check at 65, then he still has a good 50 years before he'll see his first check.

 

Um...That's my money too Dr B. And hers, and his, etc., etc. You make it sound like it's all yours!

(note to Sassy, don't bother, he's trollish)

If all you rich folks gave back your rich folk tax cut, we COULD guarentee you get your money.
But you all keep robbing the bank politically, it WILL come back to bite ALL of us in the nice person.
Frankly, I think Soc. Sec. will be fine. It's projected to be insolvent in what 20 years?
People die, immigrants move in and start paying into it. At worst, we'll just up the age you collect, and reduce the amount per week you collect based on your current income. As Gen X&Y becomes the politicians and CEO's instead of the yesmen underneath the boomer politicians and CEO's, they'll either fix things or do what the boomers are doing, steal from the next generation, or given Soc. sec, the PAST generation.

 

<div class='quotetop'>QUOTE(Darwood @ Jun 25 2007, 03:20 PM) [snapback]467716[/snapback]</div>

ha ha, that's the DNA i was speaking about.
My money is on the latter.

 

<div class='quotetop'>QUOTE(Stev0 @ Jun 25 2007, 02:17 PM) [snapback]467714[/snapback]</div>

hehe, maybe I should change my name to Dr. Sassy Pamela. A hell of a lot easier than all that pesky schooling.

<div class='quotetop'>QUOTE(Darwood @ Jun 25 2007, 02:20 PM) [snapback]467716[/snapback]</div>

thanks

 

<div class='quotetop'>QUOTE(Sassy Pamela @ Jun 25 2007, 03:14 PM) [snapback]467710[/snapback]</div>

Whether or not you need to borrow the money, you are doing such through your elected officials - and not just from me - but from millions of baby boomers. without being so pretentious as to speak for millions of us baby boomers - i think the majority of us will want our money back according to the laws and rules of soc sec as they apply during the time period over which our money was taken from us.

your concern is great - or should be. my four children and one grandchild share your concern. you are inheriting a HUGE IOU - and if you want amnesty for 12 million more illegals, that will be on your tab too - and if you want nationalized health care, that will be on your tab too. how much do you want to spend my young lady - knowing how much you owe already?

its nice to be an idealist, reality always has a way of knocking on the door.

and again, do not think for one moment all the money i paid into soc sec will be yours to use as you please - i expect it back and i expect the entire set of rules as they applied to soc sec when they were taking it from me to apply as they give it back.

lastly, please put into place national health care - i dont want to be a burden on my kids as i get older and i would prefer not to spend my soc sec checks on health care -- and dont forget the free prescriptions too

and a thank you for all you will be doing for me in terms of financing my future - i really do appreciate it. i hope you have it as well as i will when you get to my age....

<div class='quotetop'>QUOTE(Sassy Pamela @ Jun 25 2007, 03:46 PM) [snapback]467733[/snapback]</div>

Hopefully you make a pretty penny income wise - a larger and larger % will be going to me eventually -- right now its going to my parents -- thanks.

 

<div class='quotetop'>QUOTE(dbermanmd @ Jun 25 2007, 02:57 PM) [snapback]467739[/snapback]</div>

I can only wish that your financial concerns had an equally strong effect on your foreign policy, especially as it regards the War.

 

<div class='quotetop'>QUOTE(Darwood @ Jun 25 2007, 03:20 PM) [snapback]467716[/snapback]</div>

as a tax paying troll who is do several thousand $'s per month from soc sec already if i were to retire at age 62 or start collecting them --- i do not care how you do, just make sure my checks dont bounce.

and remember, only the rich pay taxes bro. and if you think soc sec as it is now is ok - i hope you are not under 30 years old - my kids will be ok because they are not going to rely on soc sec - dont you make that mistake too - because sassy is correct, the pied piper will get his dues paid from one of these generations - my bet is on your generation, gen y to get stuck holding the bag, even more so if you/we add more govt programs that will increase govt spending and taxes all the while we live longer and longer and longer and healthcare gets better and better and better and more expensive (again, please nationalize healthcare - my kids are going to law school and getting their MBA's so they are ok - I will be retired by then - so i am looking forward to you guys supporting me in ways i could not have imagined before -- free healthcare for me and my wife - thanks --- and free prescriptions tooo --- you guys are tooooooo nice. and my kids and grandkids will thank you too for increasing the amount of money we will have left when we die because we did not have to spend it on our healthcare :lol: ) I just love libs/socialists.

 

<div class='quotetop'>QUOTE(Pinto Girl @ Jun 25 2007, 03:01 PM) [snapback]467745[/snapback]</div>

He is only concerned with getting his money - with interest!!!!!

 

<div class='quotetop'>QUOTE(Pinto Girl @ Jun 25 2007, 04:01 PM) [snapback]467745[/snapback]</div>

either way i am ok.

i figure now i will get out of soc sec close to what i put in except for the interest i lost (which is a sizable figure). I should be good for about $1 million if i live to my late 80's and that does not include my wife's benefits. and if they nationalize healthcare, so much the better - i could stand to clear substantial $'s from my liberal/socialist fellow citizens - i thank them all in advance for their care and concern. and my kids will inherit that much more. God Bless America.



<div class='quotetop'>QUOTE(Sassy Pamela @ Jun 25 2007, 04:05 PM) [snapback]467750[/snapback]</div>

that is 100% true - it is mine, not yours, remember that. soc sec is my money the govt took from me for my retirement - not to pay your credit card expenses or other grandios pie in the sky liberal or socialistic concepts you might dream about - - there is a bill for each and everyone of your wants that you want the govt to do for you. my retirement money is not for anything but my retirement -- and dont forget the interest.

how would you feel if you had sunk in HUNDREDS OF THOUSANDS OF DOLLARS INTO SOMETHING - you would give it away for free??

 

<div class='quotetop'>QUOTE(dbermanmd @ Jun 25 2007, 03:13 PM) [snapback]467752[/snapback]</div>

dbermanmd sounds like a good candidate for means testing. :lol: Maybe that will help us pay for his socialized healthcare that he said he wouldn't use anyway. You know dbermanmd, some countries that have government provided healthcare don't allow private healthcare. That way everyone has an incentive for the care to be good. I know, its a crazy idea!

 

well when you don't get all of the things you think you are entitled to, I hope you remember who stole it from you, oh wait it was your elected officials. Oh and by the way SS was and still is a system that was created to provide for the poor, and supplement retirement income. Most everyone who plans on depending on it for retirement is ignorant. (remember the story of the working ants who prepared for the winter and the grasshopper who lived it up during the summer starved to death in the winter)

 

well when you don't get all of the things you think you are entitled to, I hope you remember who stole it from you, oh wait it was your elected officials. Oh and by the way SS was and still is a system that was created to provide for the poor, and supplement retirement income. Most everyone who plans on depending on it for retirement is ignorant. (remember the story of the working ants who prepared for the winter and the grasshopper who lived it up during the summer starved to death in the winter)

 

<div class='quotetop'>QUOTE(jhinton @ Jun 25 2007, 04:27 PM) [snapback]467768[/snapback]</div>

I am all for means testing - i just want my money back that i put in, not anyone elses - thank you.

Name one country that does not allow citizens to opt out of their nationalized healthtcare - and trust me - the same way people come here for their healthcare because we currently are #1, i will go wherever I have to go to get what i need - perhaps Israel? And your idea does absolutely nothing to insure quality healthcare - it only insures mediocraty and a lack of R&D and progress. To test your system out, go get real sick in England today and wait an AVERAGE of 18 weeks for your chemo or surgery

<div class='quotetop'>QUOTE(morpheusx @ Jun 25 2007, 09:00 PM) [snapback]467969[/snapback]</div>

I am not sure who you are responding to, but if it is me you could not be further from the truth - my soc sec deposits are indeed mine if i live long enough to start collecting them - and i intend to live a very long and productive life - just to get all my money out of the system - and if lucky - some of the money you younger guys are putting in. in fact i will probably take it and deposit it in a private retirement fund for my children in a offshore bank or investment vehicle.

And for the record i am not planning on depending on soc sec - i have several other retirement vehicles currently - i look at my soc sec check as my monthly spending money so i wont have to touch the principle in my other retirement accounts.

And and and - if the libs/dems/socialists get nationalized healthcare going - even that much better for me - i will be saving boku bucks on my current health insurance bills which i am sure will grow only larger and larger as i get older. Thank you in advance if you do pass this disaster for most Americans - those who cannot afford to opt out when they have to.

 

<div class='quotetop'>QUOTE(dbermanmd @ Jun 26 2007, 07:37 AM) [snapback]468173[/snapback]</div>

Well if you want all your money back with interest you are out of luck old man because unless your other retirement plans pay you less than the cap (I believe it is currently $12,000 Gross Annual Income), Otherwise for every $3 you make over the cap I believe they take away $1 of SS benefits. Awwww you poor thing they will be taking away your money.

You get that right that means if you make more than approximately $250 a week before taxes from you retirement and are collecting SS they will take away your money. And if your retirement plan pays you approximately $500 a week you could stand to lose close to $5000 from you SS benefits that year. Thank You Very Much.

 

<div class='quotetop'>QUOTE(morpheusx @ Jun 26 2007, 09:11 AM) [snapback]468207[/snapback]</div>

you could be right. by the time i retire i will have the appropriate trusts and other insurance and financial vehicles in place to make me look as poor as possible. i might lose $5k per year but that will pale in comparison to what you will be losing if you are younger than i am - or the gross amount of money you will be paying in as i take it out - for as time moves forward there are fewer and fewer workers for every retired person - and i thank you for a piece of your future earnings -- and like i said before any other social program you want to give to me like nationalized healthcare, better Rx coverage, etc, etc.

dont forget, for those that can plan ahead and take advantage of moving money offshore or into other vehicles that will not be visible to uncle sam - they will - and they will do so to the best of their ability. I am sure you are aware of all the current tricks being used to maximize soc sec payments that people use. you can rest assured i will be playing the game at the best of my ability and to the most i can afford to - and you will be funding that effort directly

You stand to loooooose much more than me no matter what your tax bracket or income level. And i thank you again and again for all future monies i get from soc sec and medicare and whatever other generosities you extend to me via our govt.

there is a great chance ifyou are young enough, you might lose a substantial portion of your soc sec income the way the system is going - and for sure, the generations supporting you will have significantly greater burdens than you will have had - and if you cant opt out of your socialized medicine system - remember, it is cheaper to let old people die than to save them - like they do in england and elsewhere where they have nationalized medicine -- boy is that going to suck for you guys.

 

<div class='quotetop'>QUOTE(dbermanmd @ Jun 26 2007, 06:37 AM) [snapback]468173[/snapback]</div>

An example would be our neighbor to the north Canada. Private care is illegal in Canada. Why do you thing the rich just come to the U.S. if they disagree with the diagnosis of their doctor?

Yes, the U.S. has the most advanced healthcare system in the world with a broad range of procedures that are not available in some areas of the world. If you have the money the U.S. has the best healthcare in the world. From your posts it seems that you have money. However, if you don't have money or insurance and a HUGE portion of our population doesn't you have no healthcare in the U.S. Which is why we are ranked 37th in the world right above Slovenia and behind Costa Rica. Canada manages to rank 30th even though they only spend 1/2 as much per capita as the U.S. does. Why are we 41th in infant mortality behind even Cuba which is 39th? Canada is 22nd, again, despite spending only 1/2 as much on healthcare. So yes, for you and me the U.S. has the best healthcare in the world, but for millions of others it is bordering on 3rd world. What if you are diagnosed with a chronic condition like MS or Parkinson's? You become uninsurable if you change jobs due to a "preexisting condition" Do you have any pearls of wisdom for these people besides that sucks for you, glad it's not me?

A question, have you been to the UK and talked to anyone there about their healthcare? The UK is ranked 18th and Ireland 19th. How do they manage that with everyone waiting 18 weeks for surgery? Of course in the U.S. if you don't have insurance good luck even being diagnosed that you have cancer let alone getting chemo. But I ask if you have actually been to these countries and talked to people because I have. For the past 4 years my job has taken me all though Europe and to Japan. I spent about 60 days a month traveling. One of the things I would ask people over lunch or dinner is "How's your healthcare? We hear you have to wait a really long time to get treatment and the service is poor" What did they say? "NO, our healthcare is fine, you don't have to wait and is cost little or nothing. If I'm sick I go to the doctor. If I'm hurt I go to the hospital. If I need surgery, I get surgery. Yes, you can get private insurance but you don't need it, the government run system works fine" These were plant manager, R&D Managers, Sales Managers, Company Owners, Directors. These are the people that would be using private medical services if it was required or if the government provided service was inadequate. Now they could have been lying to me, but considering all the other things they had to complain about their government, I thing they would have complained about healthcare too.

<div class='quotetop'>QUOTE(dbermanmd @ Jun 26 2007, 06:37 AM) [snapback]468173[/snapback]</div>

Is it your belief that America is just unable to administer a Healthcare system? It works for the rest of the world, yet it can't work here. What is it about Americans that makes this impossible?

I find it your concern for the poor a bit humorous. You are concerned for those that in the future that can't afford to opt out. What about the millions NOW that can't afford to opt into our current system.

To me it just sounds like you don't want to pay for their healthcare. This mentality troubles me. It may cost less to pay for something collectively, but since someone will get something for nothing and I have to pay, I'm against it. It doesn't matter that I will pay less than I do now, all that matters is that guy over there gets it for nothing.

 

<div class='quotetop'>QUOTE(jhinton @ Jun 26 2007, 10:26 AM) [snapback]468234[/snapback]</div>

 

Again, if healthcare is so bad in the UK, why do they score better. Why do a smaller percentage of infants die in Cuba than in the U.S.? Why is it that you tell me that Europeans have crappy healthcare with long waits but the Brits, Swedes, Danish, Dutch, Germans, Czechs, French, Italians, Croatians, Austrians, Australians, Japanese, etc don't. They say they have good heathcare, the statistics back it up, and they live longer than we do? You have lots of wild claims of 18 week waits for cancer treatment but still nothing to back it up. I give you a WHO report on world health and you claim its "rigged".

Why is it that when a good friend of mine, a R&D Manager in Sweden had a heart attack he when right to the hospital by ambulance, had immediate open heart surgery (quad bypass), all the follow-up care and it cost him nothing? Shouldn't he have died waiting for his turn with the one surgeon per city. But he didn't die, he's alive and well today in spite of living in a country with inferior "socialized medicine".

If that would have happened in the U.S., one, if he didn't have an insurance card in his wallet he would have been rerouted to the county hospital instead of the closest for-profit hospital. Two, he would have had tens of thousands if not hundreds of thousands in medical bills.

 

<div class='quotetop'>QUOTE(jhinton @ Jun 26 2007, 12:33 PM) [snapback]468394[/snapback]</div>

If someone in the UK got their undies in a bunch as tight as you have them here, they'd be at least a week in the waiting room waiting for the special equiptment it takes to unwind anything this tight.

Here in the US, most of the clinics have the tools, you might want to check one of them out.

:lol: :lol: :lol:

If the US ever does go to the socialist program, you can bet it will cost twice as much as the system it replaces, it will be at least twice as hard to use, and we will all long for the days when we had the old system.

 

<div class='quotetop'>QUOTE(daronspicher @ Jun 26 2007, 01:32 PM) [snapback]468430[/snapback]</div>

Just because I'm sick of hearing people HERE that have no experience with the EU systems parrot the same tired lines of poor access to care and long waits when the people that have been served by the EU systems say that they have excellent care? I believed it all too until I talked to people that actually LIVE THERE.

<div class='quotetop'>QUOTE(daronspicher @ Jun 26 2007, 01:32 PM) [snapback]468430[/snapback]</div>

Only it we let it. I agree that this is the most likely scenario because no one will have the guts to change to a single payment system. Instead we will continue to have a complex patchwork of private / government coverage that costs more and wastes 30% in paperwork. You think government paperwork is bad, try insurance paperwork.