Cain says Social Security is immoral?

"and what are people suppose to do without it?"

Put the money into sound investments that return the market rate instead of far under it? Why is the goverment forcing me to make poor financial decisions with my money and then steal the remainder of it when I die?? Of course thats assuming they can borrow money from other countries to actually give it back to me since in reality they already spent it all.

"Its been working that way for how long..... he said it just face it... "

It pays out more than it takes in, what do you think is going to happen in the future? Do you think knowingly screwing ppl is moral as long as you feel its a "long way away"? That is a fact and that is what is going to happen if we keep it in its current state.

"But for people in their late 50's and early 60's.. how are the suppose to invest now????"

And NOBODY is suggesting that.

we have a system that will go broke, to continue it is immoral since you know eventually a generation is going to get screwed. How is that not immoral?

"I know I wont get it... but if what I pay in to it.."

Then how is that fair to you, if you could have invested that money and been able to retire on it? Is it fair for the government to make you live in poverty? Look the answer is to phase out the system in favor of one that is more efficent.

It is if you think about it. SS was created to be 65 when the average age was like 50 something. It was intended to be a kitty for congress to rob and pay for social programs. It was never intended to be what it was written down on paper for. Why should I pay for promises made along time ago when there is no way it will be there when I retire. I will never see a dime of what I have paid in. That theft plain and simple. The money I am paying in is paying for retires now. Cause congress spent all the money.

Our Government barrows 58 grand every second of every day. Would you go to a payday loan store, barrow money and the the next day go pay it off only roll it over every day after for the next 100 years. The would laugh at you. And call you stupid. Eventually the interest would out weigh the loan amount.

Sounds silly, but it what out Government does every day.

Of course I agree. Social Security is an insult to all Americans.

Why should the government steal my money ($7,500 a year from the average American's salary) and tell me they are going to "save" it for me... when I could take the same money and put it in an IRA for a greater rate of return than what the government is giving me? Yeah sorry but that is immoral. To not give someone an option and just take their cash at a disadvantage to them.

Not only that but social security was never intended to be a retirement program. Social Security was originally created when we didn't have government programs like Medicare, Medicaid, and Welfare. Therefore people who lived till past the life expectancy, and were likely not physically able to work anymore were at a serious disadvantage to becoming homeless. This led to them becoming a burden on society. So the financial problems solver was to create in essence the first social program. Now it has turned into an entitlement program that is past bankrupt and people now have the gaul to call it a retirement program. ITS NOT A RETIREMENT PROGRAM! No one on the planet can afford to live off of social security. That's not it's intensions and never was.

Retirement is NOT A right. It's a luxry earned by those who save for it.

I can't believe someone actually sits here and asks "what are people supposed to do without it" Um be a productive, self sufficient adult and save themselves like they should already be doing? It's called hard work. I don't know why people act like they are allerect to it.

Also if social security didn't exist, that's $15,000+ that returns to the pockets of each household.

EDIT: I didn't realize you were requesting my 20 year plan on how to transition off of Social Security. Obviously I don't believe in just making the program dissapear. Your question wasn't asking that. It as asking whether we agreed with its morality.

-Connor

Is social security anything like CPP ( Canada Pension Plan ) -- because if it is

People pay into that their whole lives -- every pay cheque every wage earner -- that is not an entitlement thats a payment plan of investments to the government to give you an income after you stop working at 60 or thereabouts

Now if you want to go up to some guy and tell him his payments of 35 years into the system equals and immoral act when he goes to take out HIS own money -- well good luck I hope you can run fast

No, but consider the source, Cain is a Capitalist and he is receiving huge campaign contributions from Wall Street bankers and the Koch brothers because they want to become deregulated again. The fat cat bankers have wanted to get their hands on the trillions of dollars in the SS fund for years. They seem to feel they are better investors than the US government. New Jersey gave Maddoff money to invest for their government retirees and he spent it on himself. That is a prime example of privatization and why we don't trust investors.

look. social security was thought of as great. but now its obvious its not. the government shouldnt have taken peoples money all these years just to tell them "we are cutting your benefits" and before they stop war too.

i dont like cain, but americans need to pay for their own sht. i like ron pauls opt out for savings plan. that will return healthcare prices to normal within a few years.

but the government took their money and promised them social security, it has to be kept and if we have to stop the epa, fda, dea, and 5 friggin wars to do so then so be it our people come first.

Invest their money privately, perhaps? Just a thought. When you think about it, Social Security puts a huge economic burden on future generations. Which I would conclude, is immoral.

It should not have been in the first place, but once the entitlements are started, you can' take them back. BTW, LBJ pillaged SS for his failed war on poverty. Carter pillaged it for giving survivor benefits to 22 year olds. The libs pillaged their crown jewel of their socialism.

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No, it's not immoral. Immoral is causing pain and suffering to others, whether through violence or non-violent means.

Many people keep surviving because of SS. Also, people PAY into SS.

Lying and manipulation brings problems. Cain is more immoral than SS could ever be.

The "apples and oranges" man is running his campaign into the ground with his unended drivel. It's amazing how quickly someone can plummet in the polls.