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PeakOil is You

Pensions and Unemployment Benefits

Discussions about the economic and financial ramifications of PEAK OIL

Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 13:06:19

$this->bbcode_second_pass_quote('', 'L')ooks like you youngsters will be supporting and taking care of your aging parents


Look at when that paradigm shifted? It was when government said "we got this" to the young workers "go to work and spend some money on other things" and we'll be the caretakers of your parents.

So when the government can no longer meet it's promises the young will have to do as people have done in civilized society for thousands of years. Your parents took care of you and now you repay them.
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 13:10:10

$this->bbcode_second_pass_quote('vision-master', 'A')lso, what's OVERLOOKED by just about everyone is disability. 2 in 10 retire from the work force due to a disability before the age of 65,,,,,,,,, also, look at your 'private' disability insurance, what does it say about how one MUST apply for SSDI?



That's where death panels kick in I recon. :-D

Seriously that's going to have to change too, all of these entitlements are either going to get adjusted in the open, or we're going to use inflation to adjust them in the shadows. Either way something is going to give.
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Re: Pensions and Unemployment Benefits

Postby vision-master » Sat 14 Dec 2013, 13:14:30

$this->bbcode_second_pass_quote('wildbourgman', '')$this->bbcode_second_pass_quote('vision-master', 'A')lso, what's OVERLOOKED by just about everyone is disability. 2 in 10 retire from the work force due to a disability before the age of 65,,,,,,,,, also, look at your 'private' disability insurance, what does it say about how one MUST apply for SSDI?



That's where death panels kick in I recon. :-D

Seriously that's going to have to change too, all of these entitlements are either going to get adjusted in the open, or we're going to use inflation to adjust them in the shadows. Either way something is going to give.


You could end up disabled, remember, your chance is 20%. Shall we send you to the death panel?
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 13:28:16

Vision-master, according to some I am disabled. Earlier this year I was out of work with a herniated disc in my neck, I have two lower bulging disc ready to go at anytime and spinal stenosis. They never looked any lower than my neck area with the MRI and I know they would have found more issues there.

My Nurse case worker for my employer's disability benefit plan (who I thought was supposed to get me back to work ASAP) tried to talk me out of going back to work in the oilfield. Once she checked my file, she said I could get on disability after my Short and Long term disability ran out. I told her what she needed to hear and went to work 4 months earlier than predicted, because I could work.

With all that being said, I'm probably in the 20% and I'll try to stay away for the death panels if they have any.

I feel pretty good!
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Re: Pensions and Unemployment Benefits

Postby vision-master » Sat 14 Dec 2013, 13:42:46

Good for you. :)
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 14:28:36

Gee thanks! :mrgreen:
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Re: Pensions and Unemployment Benefits

Postby PrestonSturges » Sat 14 Dec 2013, 15:00:58

$this->bbcode_second_pass_quote('wildbourgman', 'I')t looks like the social security Ponzi scheme is going to need another major bipartisan fix at some point. When both parties firgure out the gig is up they'll work together and that's when you'll know how bad it is. The democrats will agree to draconian cuts and changes in the system for retirees and the republicans will agree to revenue (tax) increases. When you see this you know they are both scared of political ramifications of doing nothing.

I would expect chained CPI for certain, means testing, tax hikes, benefits reductions and a raising of the retirement age for future retirees.
I could spend all afternoon unpacking this bullshit, but it's not worth my time.
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 15:09:39

$this->bbcode_second_pass_quote('', 'I') could spend all afternoon unpacking this bullshit, but it's not worth my time.


Then maybe you should just STFU.
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 15:26:22

I forgot removing the yearly cap on social security taxes and allowing all income to be taxed as a possible remedy. I'm sure alot of folks with a little money won't like this one and would lobby against it.
Last edited by wildbourgman on Sat 14 Dec 2013, 15:28:54, edited 1 time in total.
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Re: Pensions and Unemployment Benefits

Postby PrestonSturges » Sat 14 Dec 2013, 15:28:01

$this->bbcode_second_pass_quote('wildbourgman', '')$this->bbcode_second_pass_quote('', 'I') could spend all afternoon unpacking this bullshit, but it's not worth my time.

Then maybe you should just STFU.

I'm not the one babbling nonsense.
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 15:31:23

Well then go ahead and shut me up Preston or maybe inform me and show me the light.

Saying you can do something but don't have the time only makes folks wonder why you even chimed in. I'm just a blue collar oilfield hand with little education. I'm sure you can teach me something if you break it down simply and use little words.
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Re: Pensions and Unemployment Benefits

Postby KaiserJeep » Sat 14 Dec 2013, 15:47:11

Look, I am not one to depend upon other people. I have worked my whole life to care for myself and my family. I paid for college degrees for me, my wife, and my kid. I was constantly employed after leaving school, and I am approaching the end of a career that will soon span 40 years after I got my degree. I put away whatever I could afford, as much as possible, and my 401K plan grew to a handsome figure.

Then some Wall Street types basically stole my money. The Real Estate bubble burst and reduced the value of my home to less than half it's prior value. The same economic conniption gutted my retirement plan. Now with all my remaining funds in the more conservative options, currency inflation is running at a real rate that is higher than any return I can make.

The government just took away all my affordable options for healthcare. The cost of living is increasing rapidly. If I actually get to retire, it will be a lot more modest retirement than I wanted or planned.

Worse yet, mine is a story far from unique. Basically if you are not one of the infamous one percenters, you are toast. The Boomers are retiring and I am on the trailing edge of the Boom, as I always have been.

So all of you just STFU and get to work, and pay your taxes on time, because I need your money.
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 15:50:33

I'm sorry KaiserJeep, I'll keep working as long as I can stand it.
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Re: Pensions and Unemployment Benefits

Postby PrestonSturges » Sat 14 Dec 2013, 17:06:37

$this->bbcode_second_pass_quote('wildbourgman', 'W')ell then go ahead and shut me up Preston or maybe inform me and show me the light.

Saying you can do something but don't have the time only makes folks wonder why you even chimed in. I'm just a blue collar oilfield hand with little education. I'm sure you can teach me something if you break it down simply and use little words.

Hey, you're free to claim the earth is hollow of full of lizard people, but that doesn't obligate me to prove you right or wrong.

Yes, it's a big world out there and no matter what you believe someone will mock it, but it's in places like Texas where people automatically resort to threats rather than face up the fact that people elsewhere laugh at them.

Anyway, about those "draconian cuts," tell us where you are getting this stuff, because people are very free about sharing opinions like that and then they go silent when I ask "Where did you hear that?"
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Re: Pensions and Unemployment Benefits

Postby Quinny » Sat 14 Dec 2013, 17:14:02

I posted this because I think I know why and just wanted to get a feel for other peoples opinions. I'm not talking about the details, but IMHO it just's makes so much sense that the young get the jobs and the older get the pensions (re-distribution or whatever you want to call it). I don't think there can really be a left/right split over this point.

I think there is one main reason and a subsidiary one why it doesn't happen.

The subsidiary one is Cost savings, because people will die before claiming.

The main reason IMHO is control in that young unemployed 'can' be targeted as 'lazy and scroungers' etc...... Whereas TPTB and the right wing press can't as easily attack pensioners who've worked all their lives.

It simply allows the divide and rule strategies of TPTB to be perpetuated.
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Re: Pensions and Unemployment Benefits

Postby PrestonSturges » Sat 14 Dec 2013, 17:26:59

$this->bbcode_second_pass_quote('Quinny', 'T')he main reason IMHO is control in that young unemployed 'can' be targeted as 'lazy and scroungers' etc...... Whereas TPTB and the right wing press can't as easily attack pensioners who've worked all their lives.

It simply allows the divide and rule strategies of TPTB to be perpetuated.


That's partly true, but I think the real attraction is simply beating up on the helpless. It used to be that was neatly compartmentalized as "racism," but racism is a way we can ignore general sadism by putting it in a nice little box labelled "racism" and pretend there's no problem. And so today the people that are screaming "I'm tired of being called a racist" are probably the same people trying to cut nutrition assistance for pregnant women.

Actually the GOP has a long history of calling Social Security "welfare." Especially when they say "100 million people on welfare" and insert racial dog whistles, they are trying to convince seniors that lazy ethnic people have bled the country dry because Obama paid slavery reparations or something. But you only get to 100,000,000 by counting every retiree, working poor, child, and blind diabetic.

Then they would sweep into office claiming "a mandate to cut entitlements." A good portion of seniors would still be cheering because they would still be convinced it only applies to lazy urban ethnics. Not that they are racists, but you can sell seniors paranoid fantasies about how the wonderful past was ruined by "them," especially if the media cooperates in selling them that story line.

And that's the next point - that sometimes they say "100 million people on welfare" to whip up the elderly and then sometime they actually call Social Security "welfare" to appeal to the people that just want to abuse your grandma.

RJ Samuelson
"Why Social Security is Welfare"
http://www.washingtonpost.com/wp-dyn/co ... 02926.html

And Samuelson does it again - "Why Social Security Is Welfare"
http://www.realclearpolitics.com/2011/0 ... 51591.html

CNN's Jack Cafferty calls Social Security "Social Welfare"
http://videocafe.crooksandliars.com/hea ... ity-social

And Cafferty does it again
http://caffertyfile.blogs.cnn.com/2012/ ... welfare-2/


Senator Bob Corker (R-TN) calls Social Security "Welfare"
http://crooksandliars.com/bluegal-aka-f ... security-w

George Will call Social Security "the welfare state"
http://www.washingtonpost.com/wp-dyn/co ... 04000.html

http://www.washingtonpost.com/wp-dyn/co ... 02727.html

http://www.washingtonpost.com/wp-dyn/co ... 01417.html

http://www.washingtonpost.com/wp-dyn/ar ... 4Oct6.html
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 17:42:33

$this->bbcode_second_pass_quote('', 'A')nyway, about those "draconian cuts," tell us where you are getting this stuff, because people are very free about sharing opinions like that and then they go silent when I ask "Where did you hear that?"


Dude don't you read the news? Heck let me find a couple of news stories to link to for ya. Heck I'll go to the Huffington post and see what they have real quick.

http://www.huffingtonpost.com/2012/08/1 ... 08499.html

http://www.huffingtonpost.com/2013/02/1 ... 08000.html
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Re: Pensions and Unemployment Benefits

Postby Shaved Monkey » Sat 14 Dec 2013, 17:43:13

$this->bbcode_second_pass_quote('Quinny', '
')The main reason IMHO is control in that young unemployed 'can' be targeted as 'lazy and scroungers' etc...... Whereas TPTB and the right wing press can't as easily attack pensioners who've worked all their lives.

It simply allows the divide and rule strategies of TPTB to be perpetuated.

Up until 64 years 11 months and 30 odd days your are a lazy ,dole bludging job snob.
One day later at 65 you are a dear old pensioner who has worked hard and paid taxes.
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 17:59:17

Preston here's a couple of links that talk about the same issues that I said was out there, these folks are against any of the proposed fixes, but they obviously see them as a political possibility. Oh I think these guys are a little anti republican too. So I guess I'm not the only one making stuff up.

http://www.strengthensocialsecurity.org/nocuts

http://www.progressive.org/Do-not-let-o ... l-security
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Re: Pensions and Unemployment Benefits

Postby wildbourgman » Sat 14 Dec 2013, 18:25:24

[quoteThat's partly true, but I think the real attraction is simply beating up on the helpless][/quote]

How about the attraction of not creating more helpless people just so your team gets more votes ? It's not very compassionate to make people believe that all of the social welfare programs will be there when they won't. Social security isn't even really a welfare program as much as a Ponzi scheme, because with welfare programs we know that it's a black hole and we know what we get for it. With Social Security some people actually think that their money is still there and will be there when they need it.
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