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  #1  
Old 20-01-2006, 02:18
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social security system

there has been alot of discussion here on the morals of collecting social security benefits and whatnot

well, im sitting here and worked. as its the new year, i got a prinout of my benefits to make changes if needed.
well looking at my LTD(long temr disability)m payouts each month, thinking wouldnt be too bad "triping" over the carpet in work, collecting that check every month and laying on the beach!
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  #2  
Old 20-01-2006, 03:31
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Quote:
Originally Posted by marc26
there has been alot of discussion here on the morals of collecting social security benefits and whatnot

well, im sitting here and worked. as its the new year, i got a prinout of my benefits to make changes if needed.
well looking at my LTD(long temr disability)m payouts each month, thinking wouldnt be too bad "triping" over the carpet in work, collecting that check every month and laying on the beach!
You must be weighted heavy in the tech stocks Marc if it has you thinking about social security benifits (after yesterdays performance)!!! 5555555

Which SE do you have a desk? Did you ever consider spending more time in LOS and trading from there. I am sure it is not as simple to do in practice though.

HS
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Last edited by Gecko : 20-01-2006 at 04:58.
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Old 20-01-2006, 03:39
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Quote:
Originally Posted by marc26
there has been alot of discussion here on the morals of collecting social security benefits and whatnot

well, im sitting here and worked. as its the new year, i got a prinout of my benefits to make changes if needed.
well looking at my LTD(long temr disability)m payouts each month, thinking wouldnt be too bad "triping" over the carpet in work, collecting that check every month and laying on the beach!

Interesting, now lets see if you get the same treatment by our fellow board members as i did.
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  #4  
Old 20-01-2006, 03:46
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stevem stevem is offline
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Can only speak of the situation in Australia. I believe that social security is way to generous to those that are too fvcken lazy to get off their asses to feed the system, but just want to bleed it dry. Fair enough to those that have contributed most of their lives, and then find the need for assistance later on in life.

But to the others, fvck em!!!!!
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Old 20-01-2006, 03:54
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Originally Posted by jimholio
Interesting, now lets see if you get the same treatment by our fellow board members as i did.
You asked for it dumbfukc...
When guys dont listen to advices, they get what they deserve..
So many people have tried to help you and tell you how things work, and you have just went on and on and on with the same riddle..
Start use your brain sometime....
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  #6  
Old 20-01-2006, 03:58
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jimholio jimholio is offline
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Originally Posted by Tarzan
You asked for it dumbfukc...
When guys dont listen to advices, they get what they deserve..
So many people have tried to help you and tell you how things work, and you have just went on and on and on with the same riddle..
Start use your brain sometime....

I love you too!
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  #7  
Old 20-01-2006, 03:58
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Quote:
Originally Posted by marc26
there has been alot of discussion here on the morals of collecting social security benefits and whatnot

well, im sitting here and worked. as its the new year, i got a prinout of my benefits to make changes if needed.
well looking at my LTD(long temr disability)m payouts each month, thinking wouldnt be too bad "triping" over the carpet in work, collecting that check every month and laying on the beach!

That would work if you didn't come back from your "disability" with nice dark tan in the middle of winter. I've though this one through as well Best to do it in the summer when you can say there was nothing you could do but sit on the porch.

NY law says you can take a leave of absence if your providing home care for a sick relative or some such. You might want to go that route.
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  #8  
Old 20-01-2006, 04:00
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Quote:
Originally Posted by stevem
Can only speak of the situation in Australia. I believe that social security is way to generous to those that are too fvcken lazy to get off their asses to feed the system, but just want to bleed it dry. Fair enough to those that have contributed most of their lives, and then find the need for assistance later on in life.

But to the others, fvck em!!!!!

Same same in the UK, but a slight difference
In the UK, if you are genuinely out of work and need social security,you are made to jump hoops for next to nothing. Its around £50 a week for a single person and £90 for a married couple.
Add in the factor of children and the wife working part-time (taking home £90 a week for 16hrs work and you get the precise sum of .............. nothing So it pays for the wife not to work and this is where things go badly wrong.
You then find that there are married couples with lots of children receiving all the benefits (child allowance, tax credits,housing benefit, etc) where it reaches the point that they can bring home more if they dont work
The welfare state in the UK is the biggest drain on the budget. Can you believe we spend more on unemployment,pensions etc than we do on transport or defence or education.
It makes me seeth to witness such a dreadful state of affairs in this country
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  #9  
Old 20-01-2006, 04:02
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Originally Posted by honeyseeker
You must be weighted heavy in the tech stocks Marc if it has you thinking about social security benifits (after yesterdays performance)!!! 5555555

Which SE do you have a desk? Did you ever consider spending more time in LOS and trading from there. I am sure it is not as simple to do in practice.

HS

i run the nasdaq trading desk for my company in vancouver. i am a market maker, which basically means me and other firms that trade a particular stock make the market. i trade for retail and institutional customers. not my own capital. ill probably at some point later leave "work" and just trade on my own, but right now would rather trade with other peoples money
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  #10  
Old 20-01-2006, 04:07
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Originally Posted by marc26
i run the nasdaq trading desk for my company in vancouver. i am a market maker, which basically means me and other firms that trade a particular stock make the market. i trade for retail and institutional customers. not my own capital. ill probably at some point later leave "work" and just trade on my own, but right now would rather trade with other peoples money

Sounds like you have the perfect job. But with some brown nosing, isnt that a job that could be done from LOS? All you need is a phone and a laptop?
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  #11  
Old 20-01-2006, 04:13
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Originally Posted by jimholio
Interesting, now lets see if you get the same treatment by our fellow board members as i did.

actually i wrote this in a joke after reading my benefits form and thinking about all the discussion from your thread. wasnt serious
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  #12  
Old 20-01-2006, 04:25
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I'm looking at my disability and the payout goes up considerably if I lose a limb!!

Are toes a limb, I have 10 so could afford to give up one.
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  #13  
Old 20-01-2006, 04:27
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Quote:
Originally Posted by dawsey
Same same in the UK, but a slight difference
In the UK, if you are genuinely out of work and need social security,you are made to jump hoops for next to nothing. Its around £50 a week for a single person and £90 for a married couple.
Add in the factor of children and the wife working part-time (taking home £90 a week for 16hrs work and you get the precise sum of .............. nothing So it pays for the wife not to work and this is where things go badly wrong.
You then find that there are married couples with lots of children receiving all the benefits (child allowance, tax credits,housing benefit, etc) where it reaches the point that they can bring home more if they dont work
The welfare state in the UK is the biggest drain on the budget. Can you believe we spend more on unemployment,pensions etc than we do on transport or defence or education.
It makes me seeth to witness such a dreadful state of affairs in this country

well, 1st off guys, i was totally joking. i had just finished reading my benefits form, and then thought of the discussions from JH thread.

and, actually this disablity pay i was talking about is private through my company's insurer which i pay a premium. if i was to "genuinely" be disabled, id recieve 5700cdn/mo.
i had the same type of disablity from my company in the states.and i dont know if this is true for canada, but if i was genuinely disabled id also be able to collect govt social sec each month. and that is based on the amount of money you have made, hence the money you paid into the system, but the last statement i recieved, i believe was 3400usd/mo.

thats all talking about being disabled.

now if you just get laid off in the staes you get to collect 9 months of unemployment. and there is a 50% chance you can extend it for another 9 months which not much effort. that is also based on what your salary was.
i got "laid off"(i asked my company to lay me off, had no interest in going to work for UBS who just bought my division) i got 2000usd/mo
also, another thign that is different from the UK is that you could have 10mil in the bank and you are still entitled to that unemployment, whereas in the UK i heard if you have the smallest amount of money in the bank you cannot collect. also, i didnt have ot do anything but log onot interent every 2 weeks and answer 6 questions. which i did from LOS.
i wasnt going to, but i gave you guys personal money figures because felt it gave a perspective between countries
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  #14  
Old 20-01-2006, 04:29
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Quote:
Originally Posted by jimholio
Sounds like you have the perfect job. But with some brown nosing, isnt that a job that could be done from LOS? All you need is a phone and a laptop?

i dont think you understand my job. i have to be on the trading desk, dealing with many different people
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  #15  
Old 20-01-2006, 04:34
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actually i wrote this in a joke after reading my benefits form and thinking about all the discussion from your thread. wasnt serious

Mmm ok. I wish i didnt wrote that thread, a little late for that now tho so im gonna have to live with that.
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  #16  
Old 20-01-2006, 04:36
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i dont think you understand my job. i have to be on the trading desk, dealing with many different people

Ah ok, i thought it was something like, talking on the phone with people and investing their money in different stocks. My bad.
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  #17  
Old 20-01-2006, 04:37
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Mmm ok. I wish i didnt wrote that thread, a little late for that now tho so im gonna have to live with that.

hey, one thing ill say, your as thick as abrick but you take your lumps like a man.

but i just think you didnt realize i was joking. i dont think its a big deal
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  #18  
Old 20-01-2006, 04:43
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Originally Posted by jimholio
Sounds like you have the perfect job.
Seems that for you everybody got a perfect job; be it trader or in Danish dental care or whatever.
So it must not be so difficult for you to find a perfect job for yourself.
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Old 20-01-2006, 10:10
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Well you know my thoughts on claiming benefits as a way of life, that my big problem with benefit systems of mainland Europe (uk is tighter than a nuns chuff) that makes the difference between getting a job and working hard to pay large % in tax or not having a job (maybe doing some black work, crime, etc) and claiming money, and getting nearly the same amounts via the gov. Its when these things get made into such a safety net that its the choice of healthy able bodied people to live off the state rather than take a job they dont like (who really does like thier job !!!) just creates bad work habits that will follow you for life.

One reason why I would feel a bit different about Pauls setup is I know Paul has paid in, in a big way, into the system.. When you have situations like that your kind of claiming back what you paid into and I didnt see the endemic live on the system claiming in the states that I did in Europe..

I am a big free market policy person, I think encouraging entrepreneur and small biz startuips should be part of the 'employment office' mandate.. I would say that every employment office should have a division that gave subsidised hotdesk facilities (you know one locked file cabinet, one woman answering the phone taking messages for all the biz's, access to a cubicle), perhaps even a subsidised or at cost accountant and or biz advisor. I would even say cut out some of these benefits packages or crisis loans and consider startup loans. Make these kind of loans like student loans and if the biz works payback with interest and if it fails then write it off.

I know lots of smart young people who would have gone and started lots of different ideas from something like that, those ideas may or may not have worked but the ones that did would then go one to in turn employ more people. Even for the failures nothing teaches you business like doing it !!

I actually thought about doing this as a biz once when I found out how tough it was to rent an office space in a UK town.. Figured if it was tough and expensive for me it was tough and expensive for others.. Hotdesking was kind of new then and I even thought that you could work with the better more enthusiastic guys and the best ideas and provide working capital or free services for equity in the ideas.. Kind of like a hotbed of active self employed people. I also thought that there would be a lot of cross biz done between those people as they would all be similar mindset individuals, maybe even make a policy that all trade between the companies working there should have a % discount to each other.. One active accountant could make a whole profession out of servicing that small biz community, one open minded banker could have a liason officer to it, so many things I figured would work well.

In the end I got too busy with other ideas but I felt that was a real untapped market and something that I had a lot of enthusiasm for.. I really dont understand why Gov dont encourage that kind of work ethic, free market thinking.
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Old 20-01-2006, 16:56
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Quote:
Originally Posted by Captain
Seems that for you everybody got a perfect job; be it trader or in Danish dental care or whatever.
So it must not be so difficult for you to find a perfect job for yourself.

When i said that i thought your job was different, sorry. Like for example we were on this daytrip in Thailand last year. One of those paradise island trips, and there is this rather young american lady i would guess around 30 or something like that. She sitting there on the beach eating icecream while talking on the phone, then she hangs up and turns around to her man and says: John i just made a million dollar!
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Old 20-01-2006, 21:16
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Quote:
Originally Posted by LivinLOS
Well you know my thoughts on claiming benefits as a way of life, that my big problem with benefit systems of mainland Europe (uk is tighter than a nuns chuff) that makes the difference between getting a job and working hard to pay large % in tax or not having a job (maybe doing some black work, crime, etc) and claiming money, and getting nearly the same amounts via the gov. Its when these things get made into such a safety net that its the choice of healthy able bodied people to live off the state rather than take a job they dont like (who really does like thier job !!!) just creates bad work habits that will follow you for life.

One reason why I would feel a bit different about Pauls setup is I know Paul has paid in, in a big way, into the system.. When you have situations like that your kind of claiming back what you paid into and I didnt see the endemic live on the system claiming in the states that I did in Europe..

I am a big free market policy person, I think encouraging entrepreneur and small biz startuips should be part of the 'employment office' mandate.. I would say that every employment office should have a division that gave subsidised hotdesk facilities (you know one locked file cabinet, one woman answering the phone taking messages for all the biz's, access to a cubicle), perhaps even a subsidised or at cost accountant and or biz advisor. I would even say cut out some of these benefits packages or crisis loans and consider startup loans. Make these kind of loans like student loans and if the biz works payback with interest and if it fails then write it off.

I know lots of smart young people who would have gone and started lots of different ideas from something like that, those ideas may or may not have worked but the ones that did would then go one to in turn employ more people. Even for the failures nothing teaches you business like doing it !!

I actually thought about doing this as a biz once when I found out how tough it was to rent an office space in a UK town.. Figured if it was tough and expensive for me it was tough and expensive for others.. Hotdesking was kind of new then and I even thought that you could work with the better more enthusiastic guys and the best ideas and provide working capital or free services for equity in the ideas.. Kind of like a hotbed of active self employed people. I also thought that there would be a lot of cross biz done between those people as they would all be similar mindset individuals, maybe even make a policy that all trade between the companies working there should have a % discount to each other.. One active accountant could make a whole profession out of servicing that small biz community, one open minded banker could have a liason officer to it, so many things I figured would work well.

In the end I got too busy with other ideas but I felt that was a real untapped market and something that I had a lot of enthusiasm for.. I really dont understand why Gov dont encourage that kind of work ethic, free market thinking.

in the states. unemployment division does have job outsourcing, headhunters, stuff like like. but it is not seriously run too well
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  #22  
Old 21-01-2006, 18:17
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I am self employed and run a small business and at the end of each month after looking at my cash flow sometimes I would be better of on the dole..If it wasnt for the cash backhanders I probaly would be picking up the unemployment benefits.floppy
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