Dozy Donald today. Sleeps more that Joe Biden ever did

Everyone knows where the money went. Convicted felon stole it and put it in his own account. Tax free.

2 hours ago, VanHammersly said:

The most unbelievable part of Trump's spending spree is that Republicans will sit there with a straight face in a couple years and act like they sincerely give a sheet about the debt.

Well that was fast

I thought it was Antifa BLM communists, but apparently it was the crappy contractor Trump hired to hook up his buddy with some easy cash.

A liberal-led federal appeals court handed President Donald Trump two immigration victories Wednesday, reversing separate district court orders that had delayed the termination of Temporary Protected Status (TPS) for migrants from South Sudan and Ethiopia.

8 hours ago, Phillyterp85 said:

Right, it's a ponzi scheme. What you are describing is a ponzi scheme. Ponzi schemes function only as long as the ratio of payers to payees is at an appropriate number.

Right. So unlike a ponzi scheme it is sustainable.

What makes a ponzi scheme a scheme is that there is no circumstance under which it's sustainable. It's always a grift.

8 hours ago, vikas83 said:

And when it started, even by 1945, there were over 40 workers paying in for each retiree. And the average life span was low.

Now, it's below 3 per retiree, and people are living much longer (66 to 79).

This is why the scheme is about to fail - not enough contributors and too many withdrawals.

https://www.ssa.gov/history/ratios.html

Yes. This is why it needs reform. Probably means testing coupled with a drastic change in the eligibility ages adjusted for lifespans.

Like, ss doesn't start til you're 75 changes.

53 minutes ago, JohnSnowsHair said:

Yes. This is why it needs reform. Probably means testing coupled with a drastic change in the eligibility ages adjusted for lifespans.

Like, ss doesn't start til you're 75 changes.

Looking at social security when it was first started, it was supposed to be one leg of a three legged stool. You had the social security payments, which were supposed to augment pensions and personal savings. Unless someone is in the public sector, pensions are now gone, and due to the rising costs of living, personal savings aren't what they should be, if they're even there at all.

I think one of the best things we can do is to fix the rest so that seniors don't need to be so reliant on social security. Obviously pensions aren't coming back, but I think there are things we can do to help with retirement investment accounts. I think upping the limit on roth contributions would be helpful. Perhaps some kind of mandated employer contribution of retirement accounts up to a certain point would help, but at the same time I get that business wouldn't find that palatable. W/r/t savings, I think the biggest issues faced by people are the exorbitant cost of assets and childcare. The government at all levels needs to be doing everything it can to subsidize housing supply. I think states need to start passing preemption laws on zoning, because some of these local jurisdictions are going way off the deep end. But even that is tough, because California tried to fix it at the state level, but it wasn't much of a fix because it's California. The car market, even for used is nuts.

I think if we fix the periphery of retirement funds, it would make whatever reforms we need to make on social security easier/more palatable.

1 hour ago, JohnSnowsHair said:

Right. So unlike a ponzi scheme it is sustainable.

What makes a ponzi scheme a scheme is that there is no circumstance under which it's sustainable. It's always a grift.

Except it’s not sustainable. The ratio of payers to payees has shrunken severely from what it was when it started and will continue to shrink. We’re currently looking at about $25 Trillion in present day value of unfunded liabilities of social security for the 75 year projection, and that number has been climbing and will continue to climb.

What makes a Ponzi scheme a Ponzi scheme is that payees are paid out from money put in from new investors instead of real profits from their investments. Thats the definition of a Ponzi scheme. It’s also exactly how social security operates.

so the vandalism at the reflecting pool was a lie as the case against the Olympian falls apart. Contractors are to blame.

1 hour ago, Bill said:

and due to the rising costs of living, personal savings aren't what they should be

It's not the cost of living, it's stupid people in this country being impulsive and unable to do basic math. There are plenty of countries where the average rate of savings dwarfs ours despite the cost of living being much higher relative to what they're saving.

3 hours ago, JohnSnowsHair said:

Right. So unlike a ponzi scheme it is sustainable.

What makes a ponzi scheme a scheme is that there is no circumstance under which it's sustainable. It's always a grift.

It has only lasted this long because every American worker was forced to participate. If every person in the US were forced to invest in Madoff, and Madoff controlled how much could be withdrawn at one time, he’d still be going. Even with that, demographic changes will make it collapse.

2 hours ago, we_gotta_believe said:

It's not the cost of living, it's stupid people in this country being impulsive and unable to do basic math. There are plenty of countries where the average rate of savings dwarfs ours despite the cost of living being much higher relative to what they're saving.

Yeah, let's just completely ignore structure to come to that conclusion.

Tricky, doesn't seem to be any obvious solution. Luckily, I don't need my SS but the monthly cash flow will be nice for as long as it lasts. I'm planning to start taking it in a year or so. I'd wait until I was 70 if I thought the program was healthy but may as well get a few years of lower payments than none at all.

2 hours ago, Bill said:

Yeah, let's just completely ignore structure to come to that conclusion.

He's not smart...

Let’s get off the SS discussion and get to more BS about Trump. No one wants to discuss DOJ dropping charges against Olympian for reflecting pool vandalism??? DOJ admits it was shoty work by Trumps contractor!! JFC when are people going to learn Trump is a conman POS!!

Jeanine Pirro is a liar. She lied to the American People. She should resign in disgrace.

Trump makes us all less safe. Cutting the budget.

6 hours ago, Bill said:

Yeah, let's just completely ignore structure to come to that conclusion.

Structure of what?

This is why he was elected twice

As if there are no literary characters to parallel this who are also foolish and fixated with windmills….

On 7/30/2026 at 2:27 PM, VanHammersly said:

Buddies?

Canadians

On 7/31/2026 at 12:59 PM, vikas83 said:

He'd probably have done a better job.

It's the exact definition of a Ponzi scheme, with the added benefit of forced participation.

Agreed, but now that I've been forced to participate, I'd like to collect please.

Sir, is it the contractors responsible for the condition of the reflecting pool.

The President of the United States. No, No, it was vandalism. And Maga wants proof that Trump is a liar.