Feel Secure?

"Ida May Fuller's first monthly retirement check, paid on this day in 1940 from the Social Security program, was for $22.54. Ms. Fuller had worked for three years under the program, which had been established in 1935. The accumulated taxes on her salary over those three years were $24.75. She lived to be 100 years old, collecting $22,888 in Social Security benefits. The nine-digits of the SSN are divided into three parts, each separated by a hyphen. The first three digits, the area numbers, reflect the state (or area of the state) of the applicant's mailing address on the original application form. The second two numbers are the group numbers, ranging from 01 to 99, which serve to break the SSNs with the same area numbers into more manageable blocks. The final four digits of the SSN, the serial numbers, run consecutively from 0001 to 9999 within each group designation."
Ain't socialism grand?

Originally posted by FreakyKBH
"Ida May Fuller's first monthly retirement check, paid on this day in 1940 from the Social Security program, was for $22.54. Ms. Fuller had worked for three years under the program, which had been established in 1935. The accumulated taxes on her salary over those three years were $24.75. She lived to be 100 years old, collecting $22,888 in Social Security ...[text shortened]... run consecutively from 0001 to 9999 within each group designation."
Ain't socialism grand?

Originally posted by FreakyKBH
"Ida May Fuller's first monthly retirement check, paid on this day in 1940 from the Social Security program, was for $22.54. Ms. Fuller had worked for three years under the program, which had been established in 1935. The accumulated taxes on her salary over those three years were $24.75. She lived to be 100 years old, collecting $22,888 in Social Security ...[text shortened]... run consecutively from 0001 to 9999 within each group designation."
Ain't socialism grand?

Originally posted by KneverKnight
You're worried about an old lady getting $20 a month?

Originally posted by Redmike
This has nothing to do with Socialism.

Originally posted by FreakyKBH
Really? How (not) so? What name would you give this system?

Originally posted by FreakyKBH
That, and the fact that my SS number is 666-66-6666. Does that mean anything?

This was a math thang; I wasn't sure you would get it, and now we all know.

Originally posted by KneverKnight
Shut up and go back to business school.
Maybe you can learn a way to "inherit" the old-age pensioners' vast fortunes.

Originally posted by FreakyKBH
my SS number is 666-66-6666. Does that mean anything?.

Originally posted by aspviper666
Yes ,you stole my identity.

Originally posted by FreakyKBH
As I have run, and continue to run, businesses that rank their milestones in billions of dollars, I doubt there is anything your sophomoric mindset could add to my edumacation.
Nonetheless, perhaps you have something to offer?
By the way, none of these businesses utilize pensions; too easy to appropriate. Strictly 401(k), and company-sponsored, at that.

Originally posted by FreakyKBH
As I have run, and continue to run, businesses that rank their milestones in billions of dollars, I doubt there is anything your sophomoric mindset could add to my edumacation.
Nonetheless, perhaps you have something to offer?
By the way, none of these businesses utilize pensions; too easy to appropriate. Strictly 401(k), and company-sponsored, at that.

Originally posted by Positional Player
Translation: I bought some shares.

Originally posted by no1marauder
401(k) plans were made possible by government legislation granting significant income tax advantages to the plans. Hardly laissez faire capitalism at work.

Originally posted by FreakyKBH
Significant tax advantage: no tax on the income thus designated. Wow! That is one heck of an advantage the government is giving us po' workers.
That's a step above saying, "Hey! You only lose 38% of your earned income; it could be worse!"