A little Math

I betcha a quarter they all vote democrat too ...

Really Snag? You just had to post a political insult? And you who complains so much about non-political posts? Eric

It's not a math problem. The problem is inventory control, FILO. Solution is simple RFID the inventory and get rid of the dead inventory.

Best Regards Tom.

=============== Do they all live in Cook county Illinois?

They don't "live" in cook county, but they may have a permenant residence there.

Best Regards Tom.

It is called NEW MATH. Remember our kids took it and it messes up the mind.

SS is an interesting group. Hard on some and flaky on others.

I suspect Husband dies and wife can't live on her tiny amount - keeps Husband coming in. Wife dies. No one tells anyone. Now granddaughter has control of bank accounts - both auto deposit and can't believe her eyes. Think she will tell ? She is a millionaire once obtaining their assets. Enjoys life - Grandpa and Grandma are still aging...

Mart> There are 35 people in the whole world that have reached the age of > 112 years.

No, it is mostly illegals, using the numbers so they can work. When they retire, they SS# will say the are 147 years old, and been paying FICA for 127 years. And I'm sure they will be paid. Mikek

He has a point, I suspect a lot of the people on the group are math teachers or math professors. The profession has a high percentage of Democrats. Mikek

We had several reports on the local news that children are placing deceased parents and grandparents in freezers to keep those social security checks rolling in. Just part of modern finnincial planning.

Best Regards Tom.

Just more good reasons why government should be limited, very limited. Mikek

I dunno, Martin.

The way you said that makes it sound like a bad thing?

in your dreams...

It Is. Fraud. And all of that. $100 Billion is the fraul level now.

It is wrong, and many just do it anyway.

SS is supposed to let the widow have the husbands if larger. But then there are agents that .....

Mart> >> It is called NEW MATH. Remember our kids took it and it messes >> up the mind.

========================== And why we can't operate the way we are.

Either we greatly reduce the economic clout of the government, or we take steps to *MAKE* the system(s) work.

IMNSHO we have bumbled/stumbled into a situation where the only feasible [partial] solution is a national identity card [NIC] system for every legal resident above the age of 16. This should also be the voter registration card, and voting should be a requirement as it is in most other countries, with increasing fines for not voting. There is no excuse for not voting with absentee/early/mail ballots.

For some suggestions see

As far as the cost goes, the SSA could and should do much more such as requiring copies [or better yet machine readable data via the internet including the ssn and dob] of all death certificates.

A NIC system with a central data base of retinal scans would allow yearly verification of all social security recipients over the age of 80 as part of an ongoing tracking system.

Elimination of the 6.5 million+ "zombies" still collecting social security [how many voted?] would more than pay for this. Average SS check is around 1,300$/month or about

$17 trillion dollars of debt and growing.

The debt took 8% of all taxes collected in 2014.

Under current law SS will go broke in 2032. That's only 17 years from now, that means the law will change, more money will come from taxpayers to prop up the system. SS now burns 28% of all taxes collected.

These 2014 numbers would be worse, except that 2014 was record year for tax collection.

The latest news: one state has proposed, if you have a drivers license you are automatically a registered voter. My theory, make it all little difficult to register, if you are to stupid to figure it out, you're to stupid help control what happens in the country.

Yes , but, that is only the fraud involving dead 112 year olds. There is much, other fraud going on.

THIS FROM THE GRACE COMMISSION

Excerpt from the Cover Letter to the Grace Commission Report:

"Resistance to additional income taxes would be even more widespread if people were aware that:

One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.

Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases and places even more pressure on law abiding taxpayers, promoting still more underground economy -- a vicious cycle that must be broken.

With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government."

Mikek

But what does Congress want to do about it? Cut the program instead of firing some losers from another unused branch of gov't and hiring them onto SS to go after the abusers. I don't get it. I'm 180 out from the Reps on this one.

Stop the abuse, stop giving SS and SSI to foreigners who haven't paid into it, and revamp the medical community so they're not raping us for simple medical care. Egad, it ain't rocket science.

You do realize that that 6.5 million aged 112 years old collecting SS benefits is a bogus number. The SSBN web site says the oldest collecting SS benefits is 109 years old.

Dan

Yes, note, I said "The United States has 6,500,000 'active' Social Security numbers for people that have reached that age."

Meaning people are using the numbers to get jobs or prosibly to get benefits, and most likely paying money into SS, on a dead persons account. Mikek

Do you have an authoritative source for that number?