Opinion Will Elon Musk Interfere With Social Security?

[jk7707]

He already is:

Social Security has never missed a payment. DOGE actions threaten 'interruption of benefits,' ex-agency head says

 

[Teppodama]

The be perfectly honest in the early 80s when the US government started borrowing from SS our leaders at the time should have been tried for Treason. The nations SS was not their piggy bank regardless of how much they may have thought they needed it to pull us out of the economic shithole we were in during the 70s

 

[Sinister]

The be perfectly honest in the early 80s when the US government started borrowing from SS our leaders at the time should have been tried for Treason. The nations SS was not their piggy bank regardless of how much they may have thought they needed it to pull us out of the economic shithole we were in during the 70s

I read a thing a while back about businesses wanting to do this with employee retirement funds (I forget in which form the money was, I wanna say 401k), where the company would be able to use it for investment purposes. Which also would mean they could lose all your money and then do all their legal maneuvering to not have to pay it back.

When people vote for corporatist d*ckheads who say sh*t like "Government should be run like a business" this is what we get. We get defanged regulatory agencies, we get wealthy people looking to privatize everything, and whenever I hear someone say "privatize it" all I hear is "fraud"...

 

[Possum Jenkins]

Look, losing SS might suck but it's a small price to pay to keep some dude off a girls high school volleyball team in rural Iowa or somewhere.

 

[heloder]

Is Elon Musk actually going to f#ck with Americans’ social security?

There's a very simple rule of thumb that you can follow. If it's a program or agency that helps the lower and middle class, trump is going to gut it. If it's a program or agency that helps rich people, trump is going to keep it.

 

[CantCucktheTuck]

yes..he is gonna interfere with you cashing your dead grandmother's check.

 

[Sinister]

yes..he is gonna interfere with you cashing your dead grandmother's check.

His dead Grandmother wont get a check. Funeral homes and coroners report directly to the SSA.

 

[Teppodama]

Look, losing SS might suck but it's a small price to pay to keep some dude off a girls high school volleyball team in rural Iowa or somewhere.

You make a great point. Thanks for reminding me there's some upside to it all. It's not all dark clouds and frowny faces.

 

[sickc0d3r]

That’s you saving accordingly.

I’m good, but thanks.

 

[cincymma79]

Another thread where you make up something to be offended by

 

[Natural Order]

I’m good, but thanks.

Most aren’t.

 

[Beechwood]

The items I've been reading about Elon and Social Security have been mentions of fraud DOGE has discovered. One example ~

WATCH: Even MSNBC Drops Concerning Report About Social Security Payments, Proving Need for DOGE​

https://redstate.com/nick-arama/2025/02/18/even-msnbc-ends-up-accidentally-affirming-the-need-for-doge-n2185727

Democrats have been flipping out and making up all kinds of things against DOGE.

You even had folks like MSNBC's Rachel Maddow pushing a false story about Elon Musk having a Tesla contract for $400 million in armored vehicles. Except there was no contract, it was only a bid solicitation that occurred under Joe Biden.


All Democrats seem to be doing is making up lies and stomping their feet in the streets.

That has not blunted the stunning revelations that DOGE has been coming out with. I reported earlier on Tuesday how they discovered that there was a missing code in regard to $4.7 trillion in payments, that would link a treasury payment to a line item, that the code was optional and was often left blank, making tracing the payments almost impossible. Yikes. I'm sure no one has taken advantage of that (/sarcasm).

---

READ MORE: WATCH: Maddow's Weaselly Response to Being Wrong on Elon and US Gov't Buying Teslas

Here's How Much DOGE Has Saved Us So Far, Plus Big Scandal They Uncovered With $4.7 Trillion in Payments

---

Even MSNBC is now recognizing there's a problem, in a bit of a stunning report. They acknowledge that there had been $71.8 billion in improper Social Security payments over eight years, which had been discovered by the inspector general in 2024. That's billion, not million. ....

 

[avenue94]

I read a thing a while back about businesses wanting to do this with employee retirement funds (I forget in which form the money was, I wanna say 401k), where the company would be able to use it for investment purposes. Which also would mean they could lose all your money and then do all their legal maneuvering to not have to pay it back.

My favorite is my former employer that as standard practice would take out life insurance policies on employees.

 

[avenue94]

Even MSNBC is now recognizing there's a problem, in a bit of a stunning report. They acknowledge that there had been $71.8 billion in improper Social Security payments over eight years, which had been discovered by the inspector general in 2024. That's billion, not million. ....

That sounds awful until you recognize that SS pays out more than $1.5 trillion a year. Lots of room for improvement, but less than 1% error rate for a program of that scale is pretty good, by public or private standards. You don't seem to grasp the scales (trillions vs billions) involved here. Or the trade offs that come between assuring accuracy vs diminishing returns.

 

[sickc0d3r]

Most aren’t.

Hence the need for a government funded pension like SS.

 

[Natural Order]

Hence the need for a government funded pension like SS.

No, that's called a taxpayer funded pension doofus. You don't even know what you need.

 

[Sinister]

My favorite is my former employer that as standard practice would take out life insurance policies on employees.

I know an attorney in South Dakota who told me this would become a slave Nation again. When people share things like this I believe it.

I don't think the wealthy/donor class see us as human beings. They see us as resources, commodities. And they don't want to pay market price for our labor. They want minimum investment/cost and maximum return.

 

[Sinister]

That sounds awful until you recognize that SS pays out more than $1.5 trillion a year. Lots of room for improvement, but less than 1% error rate for a program of that scale is pretty good, by public or private standards. You don't seem to grasp the scales (trillions vs billions) involved here. Or the trade offs that come between assuring accuracy vs diminishing returns.

I'm sure firing 7k people will help streamline that and make it work MUCH better.

 

[Only Here for Attachments]

He'll probably just redirect it into his own bank account(s) like with other things DOGE has "uncovered."

 

[avenue94]

I know an attorney in South Dakota who told me this would become a slave Nation again. When people share things like this I believe it.

I don't think the wealthy/donor class see us as human beings. They see us as resources, commodities. And they don't want to pay market price for our labor. They want minimum investment/cost and maximum return.

Private equity gonna private equity unfortunately. One of my pet theories is I suspect Trump's supporters disproportionately do not work in corporate America. They only know the myth of business efficiency, and are much less familiar with the kind of waste and bad decisions that go on there. Or for that matter, good decisions and good business practices. Instead, they only see Musk or random CEOs and think they must be the gold standard, without stopping to think if Musk is following best practices.