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Thread: Government Coup

  1. #571
    Senior Member bae's Avatar
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    Quote Originally Posted by bae View Post
    Do any of you keep part of your portfolio in TIPS?

    https://tipswatch.com/2025/08/10/tip...alling-moment/
    Related: I am about to receive my first-ever Social Security check.

    Fun fact: The Bureau of Labor Statistics data is used by the Social Security Administration for the annual cost-of-living adjustments to our Social Security benefit.

    Fun fact 2: EJ Antoni, who was just appointed to head the BLS after the previous head was sacked by Trump, said late last year about Social Security: "... a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s. You're not going to be able to sustain a Ponzi scheme like Social Security. Eventually, you need to sunset the program."

  2. #572
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    Quote Originally Posted by Alan View Post
    OK, thanks for that. As an aside though there's a difference between data points and talking points. One should precede the other.
    That’s not the issue.

  3. #573
    Simpleton Alan's Avatar
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    Quote Originally Posted by frugal-one View Post
    That’s not the issue.
    But it often is, especially in social media, and in these days it's becoming alarmingly noticeable in most all media.
    "Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein

  4. #574
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    Quote Originally Posted by bae View Post
    Related: I am about to receive my first-ever Social Security check.

    Fun fact: The Bureau of Labor Statistics data is used by the Social Security Administration for the annual cost-of-living adjustments to our Social Security benefit.

    Fun fact 2: EJ Antoni, who was just appointed to head the BLS after the previous head was sacked by Trump, said late last year about Social Security: "... a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s. You're not going to be able to sustain a Ponzi scheme like Social Security. Eventually, you need to sunset the program."
    All statistical numbers will be dubious from this regime. Be thankful if you don’t have to rely on social security because this autocracy will do what it can to destroy.

  5. #575
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    Quote Originally Posted by Alan View Post
    But it often is, especially in social media, and in these days it's becoming alarmingly noticeable in most all media.
    Not what we were discussing.

  6. #576
    Simpleton Alan's Avatar
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    Quote Originally Posted by frugal-one View Post
    Not what we were discussing.
    OK, sorry.
    "Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein

  7. #577
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by Tradd View Post
    Remember the UK has no issue prosecuting people for stuff posted on social media. I listen to the BBC a lot. Lots of people have had the cops show up at their door questioning them about postings.
    yes, that is worrisome and is worrisome to those in the UK paying attention.

    All of these Western countries claiming their case law and traditions substitute for the First Amendment rights in America are learning otherwise.
    Last edited by iris lilies; 8-15-25 at 8:05am.

  8. #578
    Senior Member Rogar's Avatar
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    Quote Originally Posted by bae View Post
    Related: I am about to receive my first-ever Social Security check.

    Fun fact: The Bureau of Labor Statistics data is used by the Social Security Administration for the annual cost-of-living adjustments to our Social Security benefit.

    Fun fact 2: EJ Antoni, who was just appointed to head the BLS after the previous head was sacked by Trump, said late last year about Social Security: "... a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s. You're not going to be able to sustain a Ponzi scheme like Social Security. Eventually, you need to sunset the program."
    Further, inflation numbers are used to determine prime lending rates, which then affect the rates of bonds and other fixed income securities. Those of us counting on fixed incomes in retirement may also take a hit if the numbers are manipulated.

    I wonder if the day will come when the government tries to push cryptocurrency as payment for social security payouts.
    "what is it you plan to do with your one wild and precious life?" Mary Oliver

  9. #579
    Senior Member bae's Avatar
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  10. #580
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    Quote Originally Posted by bae View Post
    Another example of trump’s authoritarian show of force! Glad to see citizen’s in Washington and LA are protesting this unwarranted dictatorship move! Teachers are actually patrolling around schools to sound the alarm of ICE agents! What a sad world this is becoming.

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