We administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare.

Social Security provides retirement income for almost every American worker.

Ssa.gov

An investment fund is a supply of capital belonging to numerous investors, used to collectively purchase securities, while each investor retains ownership and control of their own shares.

Investopedia.com

The only thing not making it an investment fund is that the government forcefully takes the money and you don’t own the money after it is taken.

The average person gets the majority of their retirement income from SS.

Ask the average person what SS is. They will say that it is a retirement fund. What is a retirement fund? An investment fund.

Social insurance, as conceived by President Roosevelt, would address the permanent problem of economic security for the elderly by creating a work-related, contributory system in which workers would provide for their own future economic security through taxes paid while employed.

Ssa.gov

The average person makes 65k

Social security is 12.4%

Medicare is 2.9%

Social Security is 8.19k

Medicare is 1.885k

Average person pays 10k a year to SS and Medicare.

Retirement age is 67

Start work at 18, 49 years of work.

S&P500 has returned an average of 10.64% apr for the last 100 years. 16.5% last 5 years.

30-year morgage is ~7.5%

Let’s just assume the person could put extra money towards their mortgage, gaining 7.5% apr.

10k/12= 833.33 per month

833.33 a month at 7.5% apr for 30 years is 1.02M

833.33 a month at 10% apr for 49 years is 10.41M

Government takes 1-10M from the average American retirement account to give them SS and Medicare.

Let’s say you live until 80. Average life expectancy is ~77.5. Means you have 13 years in retirement.

Average SS payment is 1,864.52 a month. 22,374.24 a year.

13 years of 22,374.24 is 290,865.12.

Average person is losing 750k-9.75M for retirement.

Medicare is a whole other beast but unless you’re going to pay 750k+ on medical expenses in retirement, it’s not going to benefit you.

Even with Medicare you have to pay premiums, deductibles, copayments, and coinsurance. So it’s not like it’s all covered for “free”.

SS is a government ran ponzi scheme. Anyone else doing it would be a crooked investor.

I get that minimum wage is $7.25 and that’s 15k a year. They are paying 2k a year for SS. They will most likely benefit from the system.

But the average American shouldn’t be footing so much of the bill and not seeing any benefits.

It’s crazy

What you’re saying

Say my mortgage is 1k a month.

I can’t afford 1k, so I let you move in and pay me “rent”

You pay me 1k each month.

After a year, I kick you out and move back in.

Where’d your 12k go?

Bank going to give 12k in cash to you and increase my mortgage by 12k?

Why would someone buy a house so someone else could slowly buy it from them? They would essentially be acting like a bank.

Who keeps up with the house maintenance?

Landlords are unneeded middlemen. A good system doesn’t use them.

Your idea is “rent to own”.

You can rent to own a Playstation that’s 300 dollars for a small monthly price but at the end of the loan you’re going to pay 600 dollars total for the Playstation.

Why am I going to go to Best Buy, buy a Playstation for 300, then let Jimmy down the street play with it while he slowly pays me back my 300?

Why am going to buy a house for 100,000 and let Jimmy rent to own it?

600 a month for 15 years. He’d pay for it.

If I put 100k in the S&P500 for 15 years, I’d have 415k.

Would I rather:

A. Help Jimmy get a house

B. Make ~300k for just sitting

Push for Supreme Court ethics reform, term limits and add amendment to make even the president not above the law.

Except the upside-down flag

I always found it interesting that Rolls-Royce had to let vibrations and noise in the back of their cars. Moving in a car without identifiers really trips with the brain.

https://youtu.be/JdOwTN4-n1I?si=BSFSYj4FbGWLfqHA

I remembered it wrong. He wasn’t doing laundry. He was pouring concrete into the guy’s washing machine.

No idea what that guy did to deserve a messed up washing machine.

“You ever use the gentle cycle?” Absolutely hilarious /s

You have to have grown up with it and gained an unconditional love of the characters. You don’t care that they are an asshole to a character you don’t like.

Look at Kramer he is so stupid he can’t figure out a washing machine! Lol he’s going to try to pour a bunch of detergent in next and act like he’s drunk because he’s that stupid! He’s so funny!

Edit: Remembered it wrong. He was pouring concrete into the washing machine. Classic asshole

https://youtu.be/JdOwTN4-n1I?si=BSFSYj4FbGWLfqHA

It was always played with a keyboard. No one is ever slaping a bass

So you’re okay with sending someone to a work camp if “they probably did it, more than likely”? Because at least it’s reversible…

So what if they have to spend 10 years breaking rocks in the sun. Oopsie daisies

That’s why death penalty shouldn’t exist for crimes like a wife killing a husband. You might be 99.9% sure she poisoned him, but you cannot know for sure.

However, a school shooter caught red handed shooting a school?

Some crimes and scenarios can warrant the death penalty in my mind

Next argument is “what if the government framed people to execute them?”

Why in the world would the government point out that they are executing someone?

If the government (the rich controlled government) wants you dead they would do it quietly.

Even something as simple as cutting your brake lines. You really think local police are going to figure out that the government had soldier 65478 tamper with your brake lines?

Sending someone to a work camp is more humane than taking their life?

Let’s say an 18 year old moves out and starts renting

The average rent in US is 1.5k

30 years of payment is 540k

When that person is 48, they would have paid 540k in rent expenses

This is assuming that rent doesn’t increase

Throwing 600k out the window before you’re even 50 is not a recipe for success

76 is US average life expectancy. That’s ~25 more years of rent.

If they retire at 63. 13 years of 1.5k a month rent is 234k. They need a quarter million in retirement funds just for rent to live up until 76.

45 years of working for that 18 year old would need to make ~750k.

That’s 16.5k a year just to pay for rent

Again this is assuming rent never goes up.

That’s 8 dollars an hour 40 hours a week every week.

10% more than minimum wage, just for rent.

It’s crazy

And this assumes you die and don’t have to rent after the age of 76

Pumping the cell with carbon dioxide without the prisoner knowing when it was happening. They’d go to sleep (or stay asleep) and never wake up. Painless stress free death.

But you know “gas chambers” bad

Yeah the official term genocide was specifically crafted to avoid including Joseph Stalin. Sure.

https://news.stanford.edu/2010/09/23/naimark-stalin-genocide-092310/

Athiest Joseph Stalin performed mass killing of his own people

No Stalin was an athiest and he caused mass genocide.

Google says it could be 20+ million. Anyways, how many he killed isn’t the point.

He killed people because they were in opposition

Yeah he killed them for non-religious reasons. Religion didn’t play a part in the mass genocide.

Stalin wasn’t religious and actively tried to stamp out religion.

He killed what, 6+ million people?

America used lead water pipes

Lead pipes can last 100+ years

America is ~250 years old.

Lead pipes installed in early 1900s would still be functional today.

Disagree.

You can get all the practice you need during school hours.

Maybe we should stop learning about the Ming dynasty and memorizing the Canterbury tales if we needed more time for math practice.