Chile did that years ago. The older people were given a choice to either take SS route or go all private. The ones who went private route are languishing while the ones who chose to be ‘grand-fathered’ are living decent (not lavish) retirements. The younger gen with private will suffer even more.
oh I think it did. Aren't those funds invested? Also the minute Trump deports the undocumented he finds in the IRS records Social Security will lose extra deposits of 26 billion each year paid by the undocumented. And no one cares.
The funds in the Social Security Trust Fund are required to be invested in U.S. treasury securities, effectively earning low rates of interest. And the amount in the trust fund isn’t everything we’ve contributed in our working lives, but what was left over after paying benefits for existing retirees
I just love that there are Democrats in Laguna Beach!
I love that the Dem population is growing behind the Orange curtain (which used to mean something else)!
Change is coming.
See: Katie Porter
Like climate change, the fund has been eroding with each new congress and president. They’ve embezzled trillions under guise of it being a loan but never pay it back. And then they and alleged money specialists dare blame the people who have paid more into the system than any other generation
I'm supposed to get my first check later this month. I'm glad I was able to sign up while SSA was still functioning under Biden. Still crossing my fingers as to whether the check will be deposited into my account. 🤞
Next Dem Pres, we need to go back to Corporate pensions. 401ks were always a scam to keep Corps from funding retirements... Now their CEOs get millions, Corp tax evaders get billions, and we lose our savings because of a fascist manchild surrounded by losers no one liked in high school.
The SSA site crashed today, however, and showed for me, for example, "There are no earnings on your record." and
"Your Benefit and Payment information cannot be provided at this time."
Hopefully just a glitch, but unsettling, nonetheless.
I went in to get my records a few weeks ago and the system was "unavailable due to technical issues" three times before I finally got in. Terrifying that you got a message saying there are no earnings on your record! I'm glad I was able to save mine!
Your Social Security Statement is streamlined and easier to read than ever before. That is because we have redesigned the Statement to provide you the most useful information up front and at a glance.
I got that one a while back, too, and that was likely before DOGE got involved. SSA had been doing a good job overall in responding, making appointments, etc.
They are sending Musk and the DOGE boys in to "fix" the (antiquated but not broken) computer system containing the dull SSA database. They want to get in and make sure it doesn't work so they can then rob it. As @martinomalley.bsky.social says, they have to wreck it to rob it.
Something people forget Social Security holds a big slice of the National Debt
Social Security holds approximately $2.7 trillion of the $31.4 trillion US national debt
Republicans see that pot of cash in the Social Security pool , the same way the bank robber sees the haul of cash in the bank vault . That elected Republicans , on all levels , don't feel even a twinge to protect Social Security ...for their own constituents ...is appalling !!
It’s not called the 3rd rail for nothing….
72M seniors 65+ and 75% of us vote in every election….. largest group of voters bar none.
Screw with our benefits and we will be your undoing….
I'm glad they haven't tried having it ride the market. Kinda how they handled the dissolving of Civil Service Retirement and creating Thrift Savings Plan for Government Employees. Now the Federal Employee Retirement is minuscule and you have to put money in TSP. They match 5% & it rides the market
defined earned benefit that is secure. remove the earnings cap and it will be funded for decades. Also Social Security is not part of the federal budget. It is funded by payroll/fica taxes.
Seniors are fearless…. And we fucking vote I the largest numbers….. 75% EVERY election…..
There’s 72M on Social Security ….
That’s 54M seniors that VOTE….
Piss is off at your own peril….
We will demonstrate, stand outside your offices, call you daily, organize and vote your asses out.
That's what they want to do. Musk and his DOGE boys are going to wreck it so they can rob it. First step is to break it so they can justify privatizing it. Then they take all the money.
Another investment that continues to be profitable: I bought a combination toaster-oven-air fryer a few years ago and it's still paying dividends and Trump's dumpster fire economy can never take it away from me.
Social Security was not to be a long term thing. It was designed to be a cushion during World War 2. Since we never got rid of it, people now use it as a form of income, when it was supposed to be IN ADDITION to what you have saved. Social Security and Minimum Wage have both gone down the toilet.
Privatization is their goal- because the volatility of the marketplace would offer them the opportunity to steal it. Try to touch my social security, and you'll be lucky to pull back bleeding stumps where your hands used to be. It's not a third rail, it's a log chipper. Hands off.
If the next president in 2028 does good by the American people He or She would make good for the next 99 years! Increase benefits across the board by $2750.00 for everybody receiving benefits. Instead of sales tax do a progressive flat tax! 13%-22 % depending on your income different thresholds
That's a bold faced lie and you know it to be. Stop gaslight g people with lies, my ssa check can without issue and will continue to do so as well as my medical coverages.
Well you don't have to worry as I was robbing the bank I kept telling them I wasn't going to rob the bank and who you gonna believe your lying eyes or....
I have witnessed both Democrats and Republican politicians and Presidents steal from the Social Security fund...it took a man with balls, and a team of smart nearly socially awkward young people to expose it all...and everyone know is upset because you can no longer get billions for nothing.
Sure as they cut the fat everywhere else. No. This is just not s logical argument. Plus they've even said their not gonna touch it, only try to cut the waste.
It galls them to see that giant pile of cash that they can't get their hands on. And if they ever do get their hands on it then watch how fast it disappears.
The precious economy is theirs.
It’s how they distribute their vast wealth. They need it more than us.
So pay attention cause your poultry investments in it mean nothing.
They have us invest in it so we then protect it with the same fervour that they would.
As for what social security is now ... I applied for social sec retirement and medicare on 2/5 and I'm still waiting for my approval letter. Did a phone call yesterday to check on the status. After a 1 hr wait they said everything looks OK, but I need to wait for the review process to complete. Ughh
FORCED BIRTH
Wealth transfer to the rich
Inequality
Authoritarianism
Voter Suppression
CUT MEDICARE
Terrorism
Insurrection
GUN VIOLENCE
END SOCIAL SECURITY
Dirty Air and Water
Destroying Planet
Pandemics
RACISM
Misogyny
War
Theocracy
NO PLATFORM
..DEAD PARTY...#GOPDead
Why is there so much misinformation going around? Are people purposely not understanding? This is insane. There is so much brainwashing. We need to revamp society. We need to educate people. We need to work on critical thinking. We need to step up and help each other. Fight corruption. This is nuts.
The Republican Party can’t get votes with truth. They control with lies, propaganda, gaslighting, fear mongering & the invention of “fake news”Truth is “fake” to the brain dead idiots that listen to them. Also BLAME RELIGION- they traded their integrity to get in bed with MAGA to keep religion alive
Democrats and Republicans want to destroy Social Security. Your half of the thoroughly-genocidal Zionist owned part of the monoparty just does it quieter.
Rise up my fellow Americans!
No one is coming to save the Republic.
No one is going to save you.
It is our job, our responsibility, and our obligation to save it and ourselves. Start up the militias, let's not wait until we can't afford food, fuel, & bullets.
Revolution is the solution.
Every generation of Americans has hit the streets to press for change.
In 1964, LBJ signed Civil Rights Act and told MLK he had no political capital to also get Voting Rights passed. Americans hit the streets and a few months later the Voting Rights Act was signed into law.
We have a plan when Americans find their courage and freedom. For it to succeed we need everyone on board. I encourage you to encourage others and help spread the word that a revolution is on the rise in America.
Comments
https://youtu.be/HwBT6IW1syU
It's that they want to steal Social Security.
They want the tax breaks, and they want the whole goddam treasury.
I love that the Dem population is growing behind the Orange curtain (which used to mean something else)!
Change is coming.
See: Katie Porter
Exposure + Motivation + Coalition building + Revolution
Exposure: Tariffs - WTF
Motivation: just - just a reminder
tap/click image to read
https://www.keithalanhamilton.com?p=10821
https://www.keithalanhamilton.com?p=10839
Demand Action!
[Not to downplay the incredible and undo pain inflicted on working America this week by the Trusk Reich.]
Factor this in, Donnie:
We Will Have No Reason Not to Come for You.
✌️💙
https://youtu.be/gUIZspPTYQQ
"Your Benefit and Payment information cannot be provided at this time."
Hopefully just a glitch, but unsettling, nonetheless.
Your Social Security Statement is streamlined and easier to read than ever before. That is because we have redesigned the Statement to provide you the most useful information up front and at a glance.
https://socialsecurity.gov/reviewyourstatement
my point was the LINK I put in, from my 2024 email from SSA
no wandering around the URL to find the exact page you need to get to, to download that info
The systems are coded in COBOL, a 70 yr old computer language that’s not taught any longer.
"Rest if you must, but don't you quit."
Then, think about our modern day
DAVID and Goliath ➡️ VOLODYMYR ZELENSKYY!
He had his moments too.
In the US, we have the will and power of 300+ million people!
We are all fully capable of stirring the pot too!
Social Security holds approximately $2.7 trillion of the $31.4 trillion US national debt
72M seniors 65+ and 75% of us vote in every election….. largest group of voters bar none.
Screw with our benefits and we will be your undoing….
There will be cuts, when the trust fund runs out and that is because fo the Democrats "Hands-off" policy
There’s 72M on Social Security ….
That’s 54M seniors that VOTE….
Piss is off at your own peril….
We will demonstrate, stand outside your offices, call you daily, organize and vote your asses out.
They want everyone working themselves to the bone until they die.
So stealing social security isn't just a huge pot of cash, but an investment in fucking over workers more too.
No retirement means more workers means lower wages.
💩tin.
Shut this fool down - Tariffs will not rescue anyone.
Now please #FIGHT #DNC - to #save our #nation…
https://www.pbs.org/newshour/show/trump-administrations-social-security-changes-could-limit-access-to-benefits-for-millions
I think you left a few words off, they want to get rid of social security fraud, to ensure that everyone has social security in the future.
Brought to you by @drharmony.bsky.social
https://linktr.ee/revolution2025
Now Trump and Musk want to cut our Social Security benefits and gut the SSA.
CUTS TO SOCIAL SECURITY ARE RETROACTIVE WAGE THEFT.
#SSA #SocialSecurity
It’s how they distribute their vast wealth. They need it more than us.
So pay attention cause your poultry investments in it mean nothing.
They have us invest in it so we then protect it with the same fervour that they would.
Wealth transfer to the rich
Inequality
Authoritarianism
Voter Suppression
CUT MEDICARE
Terrorism
Insurrection
GUN VIOLENCE
END SOCIAL SECURITY
Dirty Air and Water
Destroying Planet
Pandemics
RACISM
Misogyny
War
Theocracy
NO PLATFORM
..DEAD PARTY...#GOPDead
People power.
Protest, while you’re still allowed.
No one is coming to save the Republic.
No one is going to save you.
It is our job, our responsibility, and our obligation to save it and ourselves. Start up the militias, let's not wait until we can't afford food, fuel, & bullets.
Revolution is the solution.
In 1964, LBJ signed Civil Rights Act and told MLK he had no political capital to also get Voting Rights passed. Americans hit the streets and a few months later the Voting Rights Act was signed into law.