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Social Security on the Ropes

 
 
Reply Mon 10 Mar, 2025 09:07 am
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Type: Discussion • Score: 4 • Views: 474 • Replies: 7
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hightor
 
  2  
Reply Mon 10 Mar, 2025 10:00 am
@edgarblythe,
I used to think that Social Security was untouchable. Now I'm getting the feeling that the oligarchs are untouchable.
edgarblythe
 
  1  
Reply Mon 10 Mar, 2025 12:57 pm
@hightor,
I've had some pretty drastic thoughts about this. Too bad I can't fulfill some of them.
glitterbag
 
  1  
Reply Mon 10 Mar, 2025 01:23 pm
@edgarblythe,
If sending money back to the people who contributed it to the social security fund thru established protocols is tooooooooo awful for Billionaires and their friends,,,,,,perhaps we should refund every cent each American has contributed and send it back to them. Of course there is all the money collected from people who didn't live to be old enough to collect part of the benefits they contributed.....let's put that into a pile and the people can engage in tricks, or games or imagine some fluff for nuts government project and win back some of the money. In other words, if they are going to screw us (steal our money) let's screw them right now and take the money away from them.

Oh, and good news, we can hire all the fired federal employees with accounting degrees and let them figure out the exactitude of how to distribute the money. I don't Wells Fargo to manage the money, their service fees are outrageous. It's the same for all of the companies out there who pretend to manage other peoples money, Let's create our own company because too many elected officials don't have a clue how it works, they just see a big pile of money they would like to do (beneficial to them) other things with.
edgarblythe
 
  1  
Reply Mon 10 Mar, 2025 02:10 pm
@glitterbag,
I worry they will corrupt the systems with all our information and even the ones they fired can't access it.
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edgarblythe
 
  1  
Reply Mon 10 Mar, 2025 09:53 pm
Just before leaving office Joe Biden did two unexpected things.
Freed Leonard Peltier
Signed a change in SS law that allows former school employees to get their full Social Security. For years they received a paltry sum that wouldn't buy a month's worth of groceries. I had a strong doubt that it would actually take place, but, today, my wife's retroactive check appeared in the bank. So chalk up two for JB.
edgarblythe
 
  1  
Reply Tue 11 Mar, 2025 06:02 am
@edgarblythe,
edgarblythe wrote:

Just before leaving office Joe Biden did two unexpected things.
Freed Leonard Peltier
Signed a change in SS law that allows former school employees to get their full Social Security. For years they received a paltry sum that wouldn't buy a month's worth of groceries. I had a strong doubt that it would actually take place, but, today, my wife's retroactive check appeared in the bank. So chalk up two for JB.

Tactics for the next election, or they wouldn't have waited four years to do it.
thack45
 
  2  
Reply Tue 11 Mar, 2025 02:05 pm
@edgarblythe,
Apparently members of both parties had repeatedly introduced bills to repeal the Government Pension Offset and Windfall Elimination Provision in Congress over the last 20+ years. According to congress.gov, the Fairness Act was introduced in the last Congress by a republican rep Jan '23, and the bill had wide bipartisan support. No new "actions" on the bill took place for almost two years, then in Nov '24 (Election Day, actually) a republican rep "asked unanimous consent that H.R. 82 be laid on the table. Without objection the unanimous consent request was agreed to". I guess that was an attempt to expedite the process. Either way, suddenly the wheels were in motion, and the bill moved to the Senate two weeks later, and then after another two weeks, it was signed by Biden Jan '25.

Social Security put out a press release two weeks ago informing recipients of any retroactive payment that: "Anyone whose monthly benefit is adjusted, or who will get a retroactive payment, will receive a mailed notice from Social Security explaining the benefit change or retroactive payment. Most people will receive their retroactive payment two to three weeks before they receive their notice in the mail, because the President understands how important it is to pay people what they are due right away."
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