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Could You Live On Social Security?

Tyler Durden's picture


$1,130.33 is the average monthly social security benefit. Assuming you worked 40 hours a week, every week, that's the hourly equivalent of $6.40. Where can you live? Will savings save you?



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Wed, 11/14/2012 - 22:04 | 2982550 blunderdog
blunderdog's picture

Damn right I could, but who knows if I'll ever get the chance to try...

Wed, 11/14/2012 - 22:06 | 2982562 BKbroiler
BKbroiler's picture

poor US. Blame whatever side, this is just sad. Half a century ago we had one working parent per family, led the world in manufacturing, had money still tied to we're like a big fuckin Wal-Mart.

Wed, 11/14/2012 - 22:17 | 2982599 no taste
no taste's picture

Karl Rove can live on Social Security.  His fat reserves preclude the need for food!

Wed, 11/14/2012 - 22:26 | 2982628 tmosley
tmosley's picture

Why waste that when little brown babies are freely available?

Wed, 11/14/2012 - 22:41 | 2982679 no taste
no taste's picture

What is being wasted is another opportunity to bash Karl Rove.  Just because a fat boy is face-down in the gutter doesn't mean that you shouldn't kick him.  

Actually, you should not kick humans who are face-down in a gutter.  Karl Rove, however, that's another story.

Karl Rovian - epic failure resulting from hubris.

Wed, 11/14/2012 - 23:16 | 2982748 no taste
no taste's picture

Q: What does Karl Rove call it when Todd Akin starts to return his calls?

A: Social redemption.

Thu, 11/15/2012 - 00:01 | 2982968 AldousHuxley
AldousHuxley's picture

live like the Chinese: in your son's home


why do you think Asians care so much about education?

education = good government jobs for your kids = nice house for you to retire on.


low value of education by parents is tied to social security. Take that away, and you will have white Cougar moms in no time.

Thu, 11/15/2012 - 01:04 | 2983021 no taste
no taste's picture

Have you Karl-rolled today?  Do it for humanity!

Here's a list of who thinks Karl Rove is a failure:

a) folks who wanted a red party president

b) folks who wanted a blue party president

c) folks who wanted an intelligent, honest president

d) folks who have met Karl Rove

Ok, it would've been easier to make a list of people who like Karl Rove.

I can't be expected to carry all the weight of Karl-rolling on my shoulders.  I need your help.  

It is easy.  It is fun.  Tell the world that Karl Rove is a failure!

Thu, 11/15/2012 - 01:05 | 2983115 redpill
redpill's picture

I don't entirely understand the Karl Rove obsession.  Yeah he's a piece of shit, but there are so many more influential pieces of shit around these days...


Thu, 11/15/2012 - 01:08 | 2983118 no taste
no taste's picture

Kick the shit who is in the gutter. You've got to start somewhere.

Don't you remember 7th grade?

Thu, 11/15/2012 - 01:21 | 2983137 Michaelwiseguy
Michaelwiseguy's picture

We should separate the Social Security Trust Fund from the General Fund and return it pre Johnson era.

Thu, 11/15/2012 - 01:37 | 2983162 no taste
no taste's picture

You trolls are pathetic.  Is that the best you can do to deflect Karl-rolling?

Thu, 11/15/2012 - 05:55 | 2983349 AldousHuxley
AldousHuxley's picture

By the time you collect social security, you shouldn't be needing to pay rent.


although these days, social security check pays for real estate taxes.



Thu, 11/15/2012 - 08:37 | 2983459 kralizec
kralizec's picture

Don't have to pay rent if you live in your RV.

Thu, 11/15/2012 - 08:38 | 2983463 jeff montanye
jeff montanye's picture

you may want to rethink the phrase "white cougar moms" to avoid ambiguity/unintended associations:  puma, catamount, bearcat, mountain lion, panther would be possibilities.  clearly the u.s. has some of them; clearly we need more.   and let's get daddy in it too.

Thu, 11/15/2012 - 08:43 | 2983470 Bobbyrib
Bobbyrib's picture

You do realize that the Social Security Trust Fund is starting with a zero balance? Just end the fucking program by phasing it out. Don't insult my intelligence by showing the deduction from my paycheck as if I'm going to receive it when (if) I retire in thirty years. They should raise the income tax rate (better yet cut spending) and replenish what they have stolen from the fund.

Thu, 11/15/2012 - 09:09 | 2983520 Clark Bent
Clark Bent's picture

Never a fund, nothing put aside. Governments can spend, but can't save. If they tell you they are saving, they are lying. Goverments have unlimited power to do harm, almost no power at all to do good. Most of the good they can do is in not doing anything. This insight is now apparently passe'. We will soon see how the alternative works. Wait, i see it now in the Middle East, the total collapse of American influence around the world. The military being wholly demoralized and the vermin calling the shots. But what have we to fear? We don't want to fear change that's for sure.  

Thu, 11/15/2012 - 09:14 | 2983533 odatruf
odatruf's picture

"They should... replenish what they have stolen from the fund."

Replace "replentish" with "pay back" and "stolen" with "borrowed" and you'd have the plan mechainism right, as well as what is actualy happening.

There is plenty of reason to hate on SS (and Karl Rove - holla), but the fact that the year to year excess has been invested in the safety of T Notes isn't one of them given that the other option was to force the government to borrow at (likely) higher rates elsewise and that the SS Fund is precluded by law (and public sentiment, so it seems) from seeking a higher ROI or accepting any risk.

Junking me only indicates that you don't understand how it works.

Thu, 11/15/2012 - 11:42 | 2984162 3ringmike
3ringmike's picture

@odatruf. wasn't gonna junk you until you dared me

Thu, 11/15/2012 - 01:26 | 2983138 wee-weed up
wee-weed up's picture

no taste said: 

"Kick the shit who is in the gutter. You've got to start somewhere. Don't you remember 7th grade?"

Yeah, but most of us grew up and matured. Try it!

Thu, 11/15/2012 - 01:36 | 2983160 no taste
no taste's picture

I'll grow up when Karl Rove stops being a big, fat failure.

Thu, 11/15/2012 - 09:37 | 2983585 Theosebes Goodfellow
Theosebes Goodfellow's picture

Uhm, apparently no, you won't. Maturation is never incumbent on external events. It comes from within.

Thu, 11/15/2012 - 08:44 | 2983472 Bobbyrib
Bobbyrib's picture

Obama- OK to bash

Karl Rove- off limits.

Got it.

Good thing the site is not full of partisan hacks.

Thu, 11/15/2012 - 08:50 | 2983478 overmedicatedun...
overmedicatedundersexed's picture

I am not worried about SS, knock off a bank twice a year will make life sweet..bonnie and clyde are the new rich.

Thu, 11/15/2012 - 15:59 | 2985297 Dungeness
Dungeness's picture

Karl Rover took over the Republilcan party at the RNC in Tampa. He changed the rules and now gets to decide everything. The primaries and delegates are now pure fluff. He overrides them all.

Wed, 11/14/2012 - 22:47 | 2982694 SmallerGovNow2
SmallerGovNow2's picture

no taste and TM, You and the person you replied to are fucking sick...  There is no nice way to put it...

Wed, 11/14/2012 - 22:56 | 2982715 no taste
no taste's picture

I am not sick.  What is sick is a world where billionaires take investment advice from Karl Rove.

How much will the unemployment rate rise when Karl Rove can no longer afford to pay his trolls?

Thu, 11/15/2012 - 08:42 | 2983469 jeff montanye
jeff montanye's picture

i'm not sure turdblossom was offering what could be called investment advice, properly defined.  it was advice, it did involve an investment (or at least a contribution with the high risk possibility of 1000% payoff) but investment advice?  not really.

Wed, 11/14/2012 - 23:08 | 2982774 blunderdog
blunderdog's picture

You should get yourself some pearls to clutch at next time you feel the vapors coming on.

Wed, 11/14/2012 - 23:14 | 2982798 cbaba
cbaba's picture

That was a good position, it comes to every country at some time in its history when the conditions are ideal and leaves.. US good position was the end of WWII. All European, Japanese, Russian factories were destroyed in the war, there was only US which had no damage in its soil, then came the end of war and the American Boom. It created the big American dream and now its long gone.. yes its sad and it will not come back may be in the next couple hundred years. Now the Good Position is in China..

Thu, 11/15/2012 - 00:28 | 2983025 peekcrackers
peekcrackers's picture

social security benefit?? ...what's that ?

Thu, 11/15/2012 - 08:05 | 2983416 BandGap
BandGap's picture

Very good point, which makes me think war is inevitable. One of the consequences of which will be that the "victor" will still have more than the "loser".

Thu, 11/15/2012 - 08:55 | 2983488 jeff montanye
jeff montanye's picture

Now the Good Position is in China..  

so it would seem but compare the two to see how much more challenging is china's position than the near paradisiacal confluence greeting the u.s. at, say, my birth (1948):  as noted, the u.s. had a near global monopoly on physical plant, the strongest military in the world, a stable system of government with a contented populace being paid the highest wages in the world and most of the world's gold.

china has a good physical plant, somewhat owned by other nations, not the strongest military in the world, an evolving system of government that probably faces a questionable transition to democracy involving an increasingly discontented population being paid far from the highest wages in the world.  it may have more of the world's gold than the central banks wish to imply though.

one other point: the deflationary depression was behind the u.s. by ww2's end.  not so with china today.

Thu, 11/15/2012 - 03:10 | 2983241 Tapeworm
Tapeworm's picture

yeah, but you couldn't see this coming.

 If one had saved when gold was under 320/oz, which was nearly all of the time ten years ago or more, it would have taken a savings of 210/month to garner the 1130/month of average SS payout from a fund that has no assets and relies upon guns to collect from the mopes that will never get anything. Of course saving in metals at sub 280.00 and sub 5.00 was not popular in the ages of cash out refi.

 Of course your beloved goomint will clamp down on anyone that had doubts on how the pyramiding debt and derivatives would turn out.

 I eventually bought into Sir Alan Greenspan's jive after enduring humiliation for too many years, so I did miss out on my above mentioned example. His Kool-aid was some bad shit.

Thu, 11/15/2012 - 07:22 | 2983383 Dr. Sandi
Dr. Sandi's picture

The map is totally simple minded. There are a lot of places you can live for $600 in Washington State, for example, despite the map. Just stay the hell out of the big cities.

I'm certain that a lot of other 'red' states on that silly map have many affordable places. And most of those are also probably not in the big cities. But who the hell needs to retire in a big city?

Not that I'm planning to make a go of it just on whatever paper the SS joke writers send to my bank account, when and if that ever happens.

Silver was a very good buy a few years ago. If you have a time machine, I strongly urge you to go back and pick up a few hundred pounds of the stuff.

Thu, 11/15/2012 - 09:05 | 2983511 jeff montanye
jeff montanye's picture

silver is still a fabulous buy.  we are within tens of dollars of the all time low looking back to before the discovery of the new world.  check this out and note the prices are inflation adjusted and logarithmic:

fewer new worlds to discover in the next fifty years?  more currency devaluation to come from world central banks?  you decide.

Thu, 11/15/2012 - 09:22 | 2983548 odatruf
odatruf's picture

Same here in New Hampshire, Dr. Sandi. If you are more than 25 miles from the Mass border, the seacoast or Concord or Manchester, you can find plenty of affordable rents in nice places.  That's also true for Massachusetts - get 50 miles outside of Boston headed west and you'll be amazed at how affordable it can be.

Thu, 11/15/2012 - 09:18 | 2983539 GMadScientist
GMadScientist's picture

You had the advantage of a world flattened by war and little else.

Stop patting yourself on the back before you throw your shoulder out of joint.

Thu, 11/15/2012 - 10:56 | 2983913 Watauga
Watauga's picture

"poor US. Blame whatever side, this is just sad."  Hmmm . . .   I don't know what sides you speak of, but I am assuming you speak of the Democrats and Republicans, the Left and Right, the Socialists vs the "Capitalists."  Well, insofar as the side really are no longer different in any substantial way or significant degree, then your sentiment is right.  However, insofar as the Hell we are in and the Greater Hell we are entering is the responsibility of the Statists of BOTH Parties, the Statists of business, and the Statists within and among "The People," and NOT the responsibility of Americans who have spend their entire lives working hard to make a decent way in the world, then your sentiment is messed up.  The side that did this--from at least Lincoln to Obama with TR, WW, FDR, LBJ, RMN, RR, GWHB, Clinton, GWB in between--is the side to blame.  It is not hard.  The monied interests, the political whores, the lapdog media, the folks with their hands held out--blame them--blame you--blame me--blame us. 

Thu, 11/15/2012 - 11:00 | 2983938 Watauga
Watauga's picture

recommended reading:

Demography is destiny

By: Ann Coulter
11/14/2012 06:05 PM

Liberals brag about having won the hearts and minds of America, as if, through logic and argument, they’ve persuaded people to accept their bankrupt European socialist ideas.

Democrats haven’t changed anyone’s mind. They changed the people.

More white people voted for Mitt Romney this year than voted for Ronald Reagan in 1980. Barack Obama lost white voters by 20 points — the widest margin since 1984.

But in 1980, whites were 88 percent of the electorate. In 2012, they were 72 percent of the electorate. Not only that, but the non-white electorate is far more Democratic than it was in 1980.

If the same country that voted in 1980 had voted in 2012, Romney would have won a bigger landslide than Reagan did.

Most Americans don’t realize that, decades ago, the Democrats instituted a long-term plan to gradually turn the United States into a Third World nation. The country would become poorer and less free, but Democrats would have an unbeatable majority!

Under Teddy Kennedy’s 1965 immigration act, our immigration policy changed from one that replicated the existing ethnic population to one that strictly favored unskilled immigrants from the Third World. Since 1968, 85 percent of legal immigrants have come from what is euphemistically called “developing countries.”

We can’t admit computer scientists from Spain fleeing their failing socialist nation because we have to make room for a recent Senegalese immigrant’s brother-in-law with no skills but great needs.

Jonas Salk’s parents would be unable to immigrate to America today. But the good news is: Rich liberals and soulless businessmen have no trouble finding cheap busboys, gardeners and nannies! (Whom they underpay, requiring taxpayers to make up the difference.)

If yuppies had to compete with well-educated European immigrants, they might be a little less enlightened on the immigration question. As it is, only unskilled workers, mostly blacks and Latinos, are harmed by our immigration policies.

Because recent immigrants have no skills, they arrive in dire need of government assistance. Their desperation has been an enormous boon to the Democratic Party.

Thirty-nine percent of native households receive some form of government assistance. By contrast, 57 percent of immigrant households — legal immigrants — get government assistance. We can’t do anything about the native population, but why on Earth is America taking in immigrants who require taxpayer support?

If you come to America and immediately go on welfare, by definition, you are not a desirable immigrant. Except as a voter for the Democratic Party.

In the last half-century, California’s non-Hispanic white population has been cut in half, from 80 percent to 40 percent. Meanwhile, the Hispanic population has exploded from less than 10 percent to nearly 40 percent — mostly poor Mexicans.

And with that change, California went from being the state that produced anti-tax initiatives, Richard Nixon and Ronald Reagan to a state that is absolutely untouchable by Republicans (see Meg Whitman and Carly Fiorina) and just enacted the highest tax rate in any state.

The same has happened, or is happening, to other states, such as Colorado, New Mexico, Illinois and New York. If Texas ever flips, Republicans will never win another presidential election. The two major political parties will be the Nancy Pelosi Democratic Party and the Chuck Schumer Democratic Party.

Republicans’ low-tax, small-government philosophy will eventually become popular with today’s struggling Hispanics, but not before America is ruined with socialist policies promoted by populist hucksters so strangely beguiling to poor people the world over.

It’s not that poor immigrants think differently about most issues from the rest of us. Try asking a recent immigrant:

– How do you feel about abortion?
It’s taking a life.

– What should we do about criminals?
Lock them up and throw away the key.

– Do you support raising taxes?
No, the government takes too much already.

– How do you feel about overpaid, well-pensioned government workers with no-show jobs?
It ticks me me off.

– Do you support gay marriage?
Absolutely not.

– How are you going to vote?

Most recent immigrants oppose abortion, gay marriage and big government. The problem is that poor, uneducated people — the Democratic base — are easily demagogued into voting tribally.

A white person can vote for a Republican or a Democrat without anyone saying to him, “HOW CAN YOU VOTE AGAINST YOUR RACE?” But that is exactly how poor Hispanics and blacks are pressured into voting Democratic.

Noticeably, the No. 1 issue Obama had in his favor this year was not his policies. It was that a majority of voters agreed with the statement: Obama “cares for people like me.” That’s how Hugo Chavez got elected.

Running Hispanics won’t help Republicans. Ask Gary Franks, Lynn Swann or Michael Steele if being black won them the black vote.

Promoting amnesty won’t help — ask John McCain, who won about the same percentage of the Hispanic vote as Romney did.

Or ask California’s Hispanics, only 4 percent of whom oppose Republican immigration policies. Their main beef with the GOP is that they think Republicans are “the rich.”

The only hope is to run another appealing Republican candidate in four years — when we’re not up against an incumbent president — and return our immigration policy to one that helps America and not just the Welfare Party. 

Thu, 11/15/2012 - 16:28 | 2985451 roadhazard
roadhazard's picture

Ann Coulter = LMAO. What an SS Nazi bitch.

Thu, 11/15/2012 - 19:40 | 2986158 Dr. Sandi
Dr. Sandi's picture

I'm amazed you can still get Ann Coulter off the shelf. Her pull date came and went with Karl Rove's.

Wed, 11/14/2012 - 22:31 | 2982648 SILVERGEDDON

Hundred pound bags of dry dog food, baybee ! Either that , or Banker Bacon. Or, Hamptons Ham. Or, Socialite Snooki Stew.


On second thought , pass the dry dog food over. No nasty after taste, relatively speaking.


Wed, 11/14/2012 - 22:50 | 2982712 max2205
max2205's picture

As long as I gets my snap and obammy phone I as be alright

Thu, 11/15/2012 - 09:11 | 2983523 jeff montanye
jeff montanye's picture
“Politics is the entertainment branch of industry.”

 Frank Zappa

looks like you are well occupied

Thu, 11/15/2012 - 09:20 | 2983542 GMadScientist
GMadScientist's picture

Sister-Momma said the test came out negative so you can cancel the check!

Thu, 11/15/2012 - 00:39 | 2983063 dbomb12
dbomb12's picture

I know I could, If I moved to south america and still got my checks

Wed, 11/14/2012 - 22:04 | 2982553 Spastica Rex
Spastica Rex's picture

I realized a long time ago that I will die of hunger, thirst, exposure, or treatable disease. The writings of Seneca the Younger have been helpful in coping.

Wed, 11/14/2012 - 22:52 | 2982716 infinity8
infinity8's picture

Split the rent?

Wed, 11/14/2012 - 23:19 | 2982819 Spastica Rex
Spastica Rex's picture


Wed, 11/14/2012 - 22:04 | 2982554 Yen Cross
Yen Cross's picture

I would " gladly" pay to take my name " OFF" the list!

Wed, 11/14/2012 - 22:32 | 2982653 A Lunatic
A Lunatic's picture

You are already doing that.

Wed, 11/14/2012 - 22:45 | 2982693 Yen Cross
Yen Cross's picture

thanks for reminding me!

Wed, 11/14/2012 - 22:06 | 2982555 unrulian
unrulian's picture


Wed, 11/14/2012 - 22:06 | 2982560 sangell
sangell's picture

Going to be a lot of sorry sobs in the future.

Wed, 11/14/2012 - 23:16 | 2982803 akak
akak's picture

Four thirds of Americans are bad with fractions .... and with saving for retirement.

Wed, 11/14/2012 - 23:32 | 2982862 Yen Cross
Yen Cross's picture

And the " Earth> Moon are tidally locked"

 just like you and me akak

Thu, 11/15/2012 - 04:26 | 2983289 akak
akak's picture

YOU again?!


Thu, 11/15/2012 - 00:45 | 2983072 Money Squid
Money Squid's picture

oh, I thought your wrote "Four turds.....

Thu, 11/15/2012 - 10:04 | 2983670 northerngirl
northerngirl's picture

We are all going to be, "Sorry sobs in the future".

Wed, 11/14/2012 - 22:07 | 2982561 rufusbird
rufusbird's picture

Yes. But not for long. As the dollar declines in value, and inflation creeps in, it won't last. My father, may he rest in peace, warned me not to rely on Social Security.

Wed, 11/14/2012 - 23:51 | 2982940 FEDbuster
FEDbuster's picture

Many of those living on just SS checks get in addition to their check subsidized senior housing, medicaid/medicare, food stamps, transportation vouchers, discounted utilities, Obamaphones, etc....  The $1,200 avg. benefit can be stretched a long way when receiving all the other entitlement benefits they can be set up with. 

Thu, 11/15/2012 - 09:23 | 2983550 GMadScientist
GMadScientist's picture

Where I live that can be "stretched" over half the rent.

Wed, 11/14/2012 - 22:06 | 2982565 SilverDOG
SilverDOG's picture

Save in silver Bitchez!

Wed, 11/14/2012 - 23:27 | 2982847 AGuy
AGuy's picture

"Save in silver"

Just suppose they raise the capital gains tax on PMs to 90%? Perhaps you can barter for some things, but many things will not be bartable. Just something to think about.


Thu, 11/15/2012 - 00:47 | 2983079 Money Squid
Money Squid's picture

Maybe if the government outlawed heroin noone could buy, sell or use it. Just something to think about.

Thu, 11/15/2012 - 03:10 | 2983242 NidStyles
NidStyles's picture

Capital Gains on Silver, you're a fool if you pay taxes on your silver. You need to go read some IRS codes.

Thu, 11/15/2012 - 07:51 | 2983403 Ignorance is bliss
Ignorance is bliss's picture

Then you sell your silver in another country. perhaps the one you retire in. This country is not fit for retires.

Wed, 11/14/2012 - 22:07 | 2982566 James-Morrison
James-Morrison's picture

Long Casinos.

Thu, 11/15/2012 - 09:24 | 2983552 GMadScientist
GMadScientist's picture

Short People

Wed, 11/14/2012 - 22:08 | 2982572 mrjig27
mrjig27's picture

I wonder if they will still have free phones then..

Wed, 11/14/2012 - 22:08 | 2982574 fonzannoon
fonzannoon's picture

In NY you could easily live on $1,130 a month. It is the perfect suppliment to your 8k monthly pension. It covers your utilities. The key is real estate taxes need to go up 10% every year (despite housing prices tanking) so they can continue to siphon taxes that would go to schools etc. to pay your pension. But it should not be a problem.

Wed, 11/14/2012 - 22:16 | 2982595 Conman
Conman's picture

Ya no problem, you can live on 1130/month easy. Perfect supplement to your 10 million a year annuity from your 500million powerball win.

Wed, 11/14/2012 - 22:19 | 2982603 fonzannoon
fonzannoon's picture

who told you?

Wed, 11/14/2012 - 22:34 | 2982659 Conman
Conman's picture

Huh, doesn'y everyone win the lotto? No? Well shit then. Gonna have to rely on my money tree instead.

Wed, 11/14/2012 - 22:12 | 2982580 Tsunami Wave
Tsunami Wave's picture

And that's why.. you save lots of money, diversify in precious metals & other assets, set aside lots of food, make sure you're in good physical health by doing some sort of exercising & seeing a doctor, work until you don't need to anymore, etc. etc.... for retirement!  Seriously.. there's no fucking gaurentees in life.  There's no such thing as a free lunch.  You're responsible for taking care of yourself.

Wed, 11/14/2012 - 22:19 | 2982607 Ineverslice
Ineverslice's picture


you have good parents... but for most others, not so much.

Wed, 11/14/2012 - 22:39 | 2982666 Conman
Conman's picture

Save? But the nice silver bearded guy on TV told me to buy everything. I've lost 20% of my money in stocks since he told me to buy. But he says buy anyway becuase he's going to keep doing this thing called "QE". Not sure what that is but i haven't seen any extra money in my paycheck from my shitty part time job. Oh well, I'm on the wait list for the ipad mini and iPhone 5, gonna use my student loans to buy it, thanks bearded one!

Wed, 11/14/2012 - 22:48 | 2982702 rhinoblitzing
rhinoblitzing's picture

Tell that to the crowd with torches and pitchforks at your door...

Wed, 11/14/2012 - 23:16 | 2982806 Tsunami Wave
Tsunami Wave's picture

That's also why you follow the [gold]en rule (Just like if you own gold/silver/platinum).... and shush!

Wed, 11/14/2012 - 23:00 | 2982749 rayduh4life
rayduh4life's picture

TWave, you had me right up until you said "and seeing a doctor".  What part of qui bono do you not get?  Surest way to poor health is a "doctor".

Wed, 11/14/2012 - 23:18 | 2982813 Tsunami Wave
Tsunami Wave's picture

You might have a point about that.  I meant just take care of your physical, mental, and emotional health as best as possible.

Thu, 11/15/2012 - 09:26 | 2983557 GMadScientist
GMadScientist's picture

"save lots of money" "lots of food" "seeing a doctor"

You're a very confused little puppy.

Wed, 11/14/2012 - 22:13 | 2982591 tmosley
tmosley's picture

You can, but only if you already own your home.  If you don't, you are pretty fucked.

Wed, 11/14/2012 - 22:33 | 2982654 Insideher Trading
Insideher Trading's picture

Assuming you own a $1,000,000 home and have $0 savings there are some areas in fairfield county where $1,130 a month wouldn't even cover half of your property taxes. Think a $1,000,000 home is huge and lavish? Think again.

Wed, 11/14/2012 - 22:41 | 2982686 Conman
Conman's picture

Dude, in my suburban middle class NJ town a 600k house carries with it a 20k a year property tax. This is not a high class town either.

Wed, 11/14/2012 - 22:52 | 2982719 dark pools of soros
dark pools of soros's picture

Glad they ran me out of Jersey..  I would of ended up going postal in that swamp scam state

Wed, 11/14/2012 - 22:53 | 2982720 SmallerGovNow2
SmallerGovNow2's picture

Move then, deal with it...

Wed, 11/14/2012 - 22:56 | 2982733 Conman
Conman's picture

Governer Christie, is that you? Lose some oreos in your 3rd chin? Wtf, guess you like the highest property taxes in the country?

Thu, 11/15/2012 - 09:27 | 2983559 GMadScientist
GMadScientist's picture

Move to Camden.

Wed, 11/14/2012 - 23:26 | 2982840 Ballin D
Ballin D's picture

I guess you'd have to make the sacrifice of living in a $500,000 house and scrape by on the other $500,000 + $1000/mo cashflow.


I dont think SS was meant to cover property taxes for people with million dollar homes.

Wed, 11/14/2012 - 22:14 | 2982592 ShakaZulu
ShakaZulu's picture

I can live very comfortably off my social security benefits--in Cebu.  7 years beeches...

Thu, 11/15/2012 - 09:49 | 2983617 bIlluminati
bIlluminati's picture

I think Angeles City is cheaper - except for the women. So I'll have to have $300 PHP / 43 * 3 * 30 = $628 USD per month plus rent and utilities. Since I should be getting closer to $2,000 than $1,130, should be covered.

Fri, 11/16/2012 - 00:45 | 2986809 Tompooz
Tompooz's picture

"I think Angeles City is cheaper"

Yes, but Cebu is a much nicer place to live.

  What about a community of retired ZH ers of different nationalities?  Not as grandiose as Casey's Cafayate, but more for retirees who know that poverty is relative; and ...oh yea...not a fight club. :-) 

Click my name if interested in this concept.

Wed, 11/14/2012 - 22:15 | 2982594 knukles
knukles's picture

It's all well and good fucked.

Wed, 11/14/2012 - 22:19 | 2982596 Insideher Trading
Insideher Trading's picture

All social security recipients who find it hard to survive on their monthly pittance are encouraged to dial the Hunger Game Hotline 704 970 1836 to participate  in the games.

Wed, 11/14/2012 - 22:55 | 2982731 SmallerGovNow2
SmallerGovNow2's picture

SS was supposed to be a safety net, not a way of life...

Wed, 11/14/2012 - 23:41 | 2982899 dark pools of soros
dark pools of soros's picture

I thought it kept the casinos going

Wed, 11/14/2012 - 23:46 | 2982906 Conman
Conman's picture

You know nothing about the history of SS do you? It was created to create continuing income after retirement. It was never designed as a safety net as you say. That what welfare is for. If SS pays less than minimum wage, how is that a continuing income?

Thu, 11/15/2012 - 00:31 | 2983039 mkhs
mkhs's picture

Right. It was designed with life expectancy at 62 years and you started to collect at 65. Do the math.  Just another tax scam.

Thu, 11/15/2012 - 01:09 | 2983120 Conman
Conman's picture

Life expentancy is in the late 30's was 62? Riiight.

Thu, 11/15/2012 - 03:21 | 2983244 NidStyles
NidStyles's picture

Actually it was.

Wed, 11/14/2012 - 22:19 | 2982605 Bansters-in-my-...
Bansters-in-my- feces's picture

Your fav flav on sale tody.....kitties.

Wed, 11/14/2012 - 22:23 | 2982612 e_goldstein
e_goldstein's picture

Long dirt farms in tornado alley.

Thu, 11/15/2012 - 00:01 | 2982971 Die Weiße Rose
Die Weiße Rose's picture

Free Botox injections, brain transplants and other cosmetic surgery

for Karl Rove, Dick Cheney and Hillary Clinton -


Wed, 11/14/2012 - 22:23 | 2982616 yochananmichael
yochananmichael's picture

it preety good if you only paid enought to collect half of that


Wed, 11/14/2012 - 22:23 | 2982617 Yen Cross
Yen Cross's picture

 I smell a "Z/H", reunion?  Bohemian Grove , style

Wed, 11/14/2012 - 22:30 | 2982643 fuu
fuu's picture

Radio Free Bismarck.

Wed, 11/14/2012 - 22:50 | 2982708 Yen Cross
Yen Cross's picture

That's a smart "fuu"   • _ •

Thu, 11/15/2012 - 09:28 | 2983563 GMadScientist
GMadScientist's picture

I left my pants at the office.

Wed, 11/14/2012 - 22:24 | 2982619 ILikeBoats
ILikeBoats's picture

Read up on babushkas in the former USSR - they still get their usual xx rubles per month, but those rubles are worth almost nothing.

Wed, 11/14/2012 - 22:53 | 2982722 dark pools of soros
dark pools of soros's picture

they can make a soup out of old shoes

Wed, 11/14/2012 - 22:25 | 2982621 chump666
chump666's picture

And the Keynesian lunatics at the Fed will print, ensuring that the oil 'tax' will take another chunk out of budgets, crimp businesses and reduce hiring.  Just in time for Obama's Iran war.  Yo, OWS, your next target:  the Fed and Obama, forget Wall Street.

Wed, 11/14/2012 - 22:25 | 2982622 JLee2027
JLee2027's picture

Social Security was never intended as a living wage, just as a supplement in old age.

Wed, 11/14/2012 - 22:34 | 2982661 LetThemEatRand
LetThemEatRand's picture

Yes, it was intended to be a supplement to private pensions.  Which no longer exist for most Americans.   We may as well do away with all insurance, too, including car insurance, health insurance, homeowner's insurance, business interruption insurance, and everything else that involves spreading risk.  Because we all know it is Marxist or some bad "ism" to want to pool resources.  We can all just cross our hearts and hope to die before our personal resources run out or we have a bad turn of fortune, which of course never happens to good hard working Americans. 

Wed, 11/14/2012 - 22:39 | 2982669 Insideher Trading
Insideher Trading's picture

Costs would come down to affordable levels if you did away with insurance.

Why do you think a mechanic can charge $500 to replace a tail light? Because we 'pool' our resources and enable that pricing to occur (it's acutally forced upon us by the state)

Wed, 11/14/2012 - 22:42 | 2982684 LetThemEatRand
LetThemEatRand's picture

Been to the dentist latetly?   Or I'll even use your example.  If your car is totalled, it costs the same to replace it whether you have insurance or not, yes?

Wed, 11/14/2012 - 22:53 | 2982710 Insideher Trading
Insideher Trading's picture


If you total a car your insurance premiums get jacked through the roof. I know a guy who totaled his car and his premiums went to $500 a month. Look over a four year time frame (48 months) $500 x 48 = $24,000. A total loss accident stays on your insurance for 10 years, so over 10 years @ $500 you're paying $60,000 anyway.

Wed, 11/14/2012 - 22:57 | 2982728 LetThemEatRand
LetThemEatRand's picture

But now we're debating a whole different issue -- the cost of insurance if you are lucky enough not to need it more than once or twice in a lifetime, versus your original point that insurance always causes costs to go up (I concede that sometimes it does).

How about this.  You're driving your BMW to Starbucks.  You are momentarily distracted and you slam into the rear of the guy who was going to serve you your beverage of choice.  It was his last day of work there, as he just finished graduate school and was about to start a job earning $100K a year.  His spinal cord is injured and he has severe brain damage.  Glad you have insurance, or are you worried about your premium now?  

Wed, 11/14/2012 - 23:07 | 2982760 Insideher Trading
Insideher Trading's picture

Your argument as it pertains to this discussion is moot, here's why.

Assuming your situation, one of two things would happen:

i. Your premiums would go up so high over the 10 year period you're now paying hundreds of thousands of dollars anyway and you'll probably get sued on top of it leaving you in bankruptcy. This is to assume criminal charges aren't filed for reckless driving or the like.

ii. If you can even find a carrier to insure you (depends on the state). If you can't get an insurer to cover you, you can't drive (by law) and you lose your job, and end up on welfare anyway after getting sued.

Wed, 11/14/2012 - 23:09 | 2982775 LetThemEatRand
LetThemEatRand's picture

No, that is completely wrong.  No one pays hundreds of thousands of dollars in auto premiums over ten years.  If you are in a serious accident that is your fault, your rates may go up a grand or two a year.  You will be able to find insurance unless you engage in repeated seriously bad behavior resulting in numerous people in wheelchairs, in which case you probably shouldn't have a license.  In my scenario, you probably will be sued because you just ruined someone's life and someone's going to have to pay for it and I'm sure you would want to take personal responsibility as it was your fault, and I'm sure you are a personal responsibility advocate.  If you don't have insurance, your nest egg is now gone and you will probably owe the guy what you earn for the rest of your life.  You will have no retirement.   If you have good insurance, however, you are defended in court and the insurance company pays assuming you had adequate coverage.  

Wed, 11/14/2012 - 23:14 | 2982794 Insideher Trading
Insideher Trading's picture

" If you are in a serious accident that is your fault, your rates may go up a grand or two a year."

Bullshit. Your premiums can go up to 1,000 - 2,000 a month if it's serious enough, though a plethora of factors come into play.

And most people don't have insurance that protects them against lawsuits. So whether you have insurance or not in your case, you're fucked.

Wed, 11/14/2012 - 23:19 | 2982820 LetThemEatRand
LetThemEatRand's picture

"Bullshit. Your premiums can go up to 1,000 - 2,000 a month if it's serious enough, though a plethora of factors come into play."

Totally wrong.  Show me some evidence of this anywhere.   The whole point of insurance is that some few people will have catastrophic claims.  Most people pay in way more than they ever need paid out, but they have insurance in case they are the unlucky one.

And most people actually do have insurance that protects them from lawsuits if they have standard auto insurance.  If you wish to debate fantasy rather than facts, then I'm sure you can make whatever point you want.  You are factually wrong and I dare you to show otherwise with any facts or data from any source.

Wed, 11/14/2012 - 23:35 | 2982879 Insideher Trading
Insideher Trading's picture

Totally wrong.  Show me some evidence of this anywhere.

I used to work an insurance company. Go to any site; geico, state farm, wherever and experiment on their free quote offer, I believe you get 20 or 30 attempts.

Wed, 11/14/2012 - 23:40 | 2982893 LetThemEatRand
LetThemEatRand's picture

I'm not going to do your homework to prove you are wrong.  If you think you are right, I'm sure you'll share some evidence of it.  And glad to know that personal responsibility to you means absolutely nothing.  It is for the other guy.  

Thu, 11/15/2012 - 09:37 | 2983573 odatruf
odatruf's picture

I have to side with LTER on part of this. Even a major incident on an account is not going to be a huge deal unless the driver has a lot of other past driving problems (in the northeast, we call them 'points' like it's some fucking game). A major event might be worth up to 4 points and that might add an additional $1,000 to a premium so long as the driver isn't in a high risk category.

And, most comprehensive auto policies DO carry lawsuit protection up to the value of the policy limit. Pull yours out and give it a read.  Sure, if you are sued and found liable for an award of $5 million and your policy caps out at $3 million, then you are left with the rest. But in the real world, such lawsuits almost always settle for the max policy value.

edit: in general, you start at 15 points and you can earn a credit of 1 point each year without a claim to get down to a 7 or 8 point risk. There, you are getting every safe driver discount, etc.  Once you are above 15, you are paying a penalty and once you are at 23 (at least it used to be), you get put into a high risk category.  I'll add too that in a bad enough situation, you might get 2 points on top of the 4 for a bad accident if you were also cited by the police (the insurance companies see that as a separate event).

Wed, 11/14/2012 - 23:23 | 2982831 A Nanny Moose
A Nanny Moose's picture

Been a Dentist in Mexico lately? Same quality or better, half the price, or less.

Wed, 11/14/2012 - 23:37 | 2982888 The Gooch
The Gooch's picture

Can I bring a weapon?

Thu, 11/15/2012 - 00:20 | 2983014 SoCalBusted
SoCalBusted's picture

Eric Holder will give you one if you don't already have one.

Thu, 11/15/2012 - 02:21 | 2983198 A Nanny Moose
A Nanny Moose's picture

Complete misrepresentation. You merely need an interpreter whom you can trust. I have many friends who speak the language, and know the dentists.

This is that whole community/SHTF thing people keep ranting about. Now go live it.

Thu, 11/15/2012 - 10:18 | 2983741 odatruf
odatruf's picture

In most places in the US, getting an implant at an oral surgeon and then a crown on top of it at a dentist office will run about $4,000 when all is said and done. Most people who need one, will need a few others as well. So that person would end up spending $10 to $12 thousand to have a typical patient implant treatment plan completed.

If you went abroad, the same procedures will cost about 70% less, not counting the costs associated with the travel, of course. Despite these foreign clinics being staffed by professional who are as good as the their US counterpart and using the same equipment, most American consumers will not take the risk. I understand the reluctance.

But here is a question for those of you who are in the group who would not go abroad for that type of medical service: would you do it if your own dentist was there with you - not performing the work, just observing - for a saving of 30% off what you would pay in the US? So rather than pay $10k to your dentist in the US or $5k (including five days travel, hotel and meals) to a foreign dentist in Eastern Europe or South America, would you pay $7k (including travel) for your dentist from the US to come with you to oversee the procedure done in Eastern Europe or South America?

Thanks in advance for any feedback and answers.

Fri, 11/16/2012 - 00:55 | 2986815 Tompooz
Tompooz's picture

I do all my dental work in the Philippines where dentists speak fluent English. Same 70% savings; more if you bargain (yes you can bargain with a dentist!)  and have a mouth full of work to offer.

Wed, 11/14/2012 - 22:54 | 2982725 max2205
max2205's picture

Property taxes = some fuckers pension for life and more to come

Shits got to stop....the rents too damn high

Wed, 11/14/2012 - 23:22 | 2982827 A Nanny Moose
A Nanny Moose's picture

Small distinction chief. That which requires force, vs. that which is voluntary. If SocSec is so "Good" for everybody, why is the force necessary? Food/water are good for me. In fact they are required for survival. Yet, I don't anybody forcing me to eat, or drink.

Thu, 11/15/2012 - 09:38 | 2983587 odatruf
odatruf's picture

Ask Terri Schiavo about that...

Wed, 11/14/2012 - 23:47 | 2982924 Conman
Conman's picture

Buzzz wrong. Read about the hsitory of SS and its intention.

Wed, 11/14/2012 - 22:28 | 2982634 NeedleDickTheBu...
NeedleDickTheBugFucker's picture

Les jeux sont faits.  Translation: the game is up.

Wed, 11/14/2012 - 22:32 | 2982656 lolmao500
lolmao500's picture

Sure I could. I live on about 600$ a month.

Wed, 11/14/2012 - 22:40 | 2982676 LetThemEatRand
LetThemEatRand's picture

A week in the hospital costs around $50,000 and up, depending on how many tests and procedures you need to stay alive.   If you have the misfortune of needing ongoing medical care because of something cancer (I know, only the other guy gets it), you can expect mid-six figures and up for a year or so of treatment.  

Wed, 11/14/2012 - 22:55 | 2982729 dark pools of soros
dark pools of soros's picture

nobody pays for that shit

Wed, 11/14/2012 - 23:03 | 2982761 LetThemEatRand
LetThemEatRand's picture

By "nobody," I assume you mean you and the guy who thinks he can live on $600/month.

Thu, 11/15/2012 - 11:36 | 2984131 MachoMan
MachoMan's picture

Those prices are more negotiating starting points than actual outlays...  usually they'll cave for .15 or .20 on the dollar...  if you understand the game and know how to negotiate.

Fri, 11/16/2012 - 23:15 | 2990675 JLee2027
JLee2027's picture

Huh.  Did not know that. I guess it's a symptom of how broken everything is/has become.

Wed, 11/14/2012 - 23:29 | 2982852 A Nanny Moose
A Nanny Moose's picture

Appeal to consequences. Irrelevant. Not everybody needs a week in a hospital. Why is a week in a nice hotel room <$2000? A hospital is just a nice hotel with bedpans, spongebaths (if you are really bad), and a bunch of overpaid white coats.

Life is fucking terminal. Deal with it, or pay for it with your own fucking money.

Wed, 11/14/2012 - 23:32 | 2982860 LetThemEatRand
LetThemEatRand's picture

That is precisely what people say who do not take personal responsibility.  It will be someone else's problem if you need care, because you're not planning to need it, right?  I don't know you, but I would wager that if you accidentally injured your eyes tonight and $20,000 of emergency surgery would save your vision you would go ahead and let someone else pay for it rather than say, "no, I didn't expect to need this, and i don't have insurance, so I'll take personal responsibility and go ahead and be blind."

Wed, 11/14/2012 - 23:43 | 2982909 lolmao500
lolmao500's picture

I do not end up in hospitals. I exercise, eat well and don't do dangerous/stupid stuff.

And if I end up at hospital, no big deal, I just declare bankruptcy. Fuck em, I won't pay 100 times the cost of the treatment they charge anywhere else in the world.

Wed, 11/14/2012 - 23:50 | 2982932 LetThemEatRand
LetThemEatRand's picture

Personal responsibility.  It's good for the other guy.  

P.S.  Another poster here made the point that people who take care of themselves will likely need more care long term.  Chain smoking McDonald's eating sloths will probably have a heart attack and die.  People who live very healthy lives will nonetheless develop seroius illness over time, and need long-term care into their 90s.  Glad to hear you feel no personal responsibility to pay for it.

Thu, 11/15/2012 - 03:48 | 2983258 NidStyles
NidStyles's picture

Your argument is that the costs are too high, so we need more insurance to cover it. The costs are too high because of the regional monopolization and the insurance companies though.


Trying to get you to see anything past your own stubborn opinion is not possible. You can not see something that is rationally directly in front of your face.

Thu, 11/15/2012 - 08:13 | 2983425 j0nx
j0nx's picture

Why should anyone pay a huge hospital bill? Illegal mexicans sure as shit don't and they seem to be thriving. In fact I would venture to say why anyone even follows rules anymore since bankers and other protected classes don't and they seem to be getting away with it.

Thu, 11/15/2012 - 00:46 | 2983077 batterycharged
batterycharged's picture

the only problem with this "take personal responsibility" bullshit is that the wolves in society have made it impossible to do so.

The health care industry in this country is a giant parasitic monolith that makes it impossible to "take personal responsibility".

I have no health insurance because I can't fucking afford it. I went and had a 10 minute phsyical and the fucking leech DOCTOR charged me $200. FOR 10 MINUTES of GRABBING MY NUTSACK.

Health care doesn't need to be this expensive. I'm not looking for a handout, I want a fucking SLAP DOWN of all the greedy fucks in medicine and all the politicians that take their money.

Throw in the greedy bastards that run Univerisities and lenders of student loans as well.

It's hard to take personal responsibility when society is built for people with excess money and creates a dependant class on governent. 

Do you really think people would rather not have to take handouts? I was unemployed for a year and it was hell even with UE benies.

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