Monday, October 29, 2012

Socialy secure JOW #633



            Sometimes it is hard to find a theme for my Joke of the Week.  Not this week – I have an embarrassment of riches.  It is that magical sports time when you can watch baseball (well you could until the Detroit Tigers folded), football, preseason basketball, and if it weren’t for the strike, hockey. 
And of course there is an election going on; I just voted, not because I think it will make a difference but because it is my civic duty.  Elections always provide a rich source of humor, usually unintentionally.
Then there is a storm approaching New York City so we have lots of the traditional views of TV reporters standing out in the storm telling us not to stand in the wind and rain.  (I don’t know about you but my mother taught me to come in out of the rain.)  The poor reporters on live shots that do not have any bad weather going on right at their location when they go on are forced to extemporize – “We may be having rain – yes, there are definitely umbrellas showing now…”  I know this is a very large storm that will do great damage and will certainly cause deaths but still I find the TV anchors all trying to ‘out-hyperbole’ each another to be annoying.  “This is the Storm of the Apocalypse!”  “This is the largest storm in history!”  Whatever happened to calm and measured broadcast journalism?
Instead, I think I will focus on an older issue: social security.  Many of my friends from my college days are now past the magic age of 62 when they become eligible for Social Security.  David, Janet, Dick, even Andy have all been submerged by that momentous age when they can legally become leeches upon the State.  Fortunately, I am not that old yet.

First, here are a couple of kid jokes:
Q: Why did Cinderella do so badly at the game?
A: Because she ran away from the ball; then her coach turned into a pumpkin.

++++++++++++++++++++++
When it reached it, the little turtle began to climb, carefully and slowly. Reaching the first branch, it carefully walked along it for a way, and then turned so it could look at the ground.
Taking a deep breath, it jumped off, landing on the ground with a plop. A few minutes later it picked itself up, shook its head to clear it, and began the journey once again.
Two birds sitting higher up in the tree were looking in amazement at the little turtle all this time until one turned to the other and said sadly, "You know, we're going to have to tell him he's adopted."

A retirement joke:

He spent the first few weeks of his retirement in peace and contentment. Then a new school year began. The very next afternoon three young boys, full of youthful, after-school enthusiasm, came down his street, beating merrily on every trash can they encountered. The crashing percussion continued day after day, until finally the wise old man decided it was time to take some action.
The next afternoon, he walked out to meet the young percussionists as they banged their way down the street. Stopping them, he said, "You kids are a lot of fun. I like to see you express your exuberance like that. In fact, I used to do the same thing when I was your age. Will you do me a favor? I'll give you each a dollar if you'll promise to come around every day and do your thing." The kids were elated and continued to do a bang-up job on the trash cans.
After a few days, the old-timer greeted the kids again, but this time he had a sad smile on his face.
"This recession's really putting a big dent in my income," he told them. "From now on, I'll only be able to pay you 50 cents to beat on the cans."
The noisemakers were obviously displeased, but they did accept his offer and continued their afternoon ruckus. A few days later, the wily retiree approached them again as they drummed their way down the street.
"Look," he said, "I haven't received my Social Security check yet, so I'm not going to be able to give you more than 25 cents. Will that be okay?"
"A lousy quarter?" the drum leader exclaimed. "If you think we're going to waste our time, beating these cans around for a quarter, you're nuts! No way, mister. We quit!"
And the old man enjoyed peace.
……………………………………………..

A retired gentleman went to the social security office to apply for Social Security.
The woman behind the counter asked him for his driver's license to verify his age. He looked in his pockets and realized he had left his wallet at home. He told the woman that he was very sorry but he seemed to have left his wallet at home. "I will have to go home and come back later." The woman says, "Unbutton your shirt." So he opens his shirt revealing curly silver hair. She says, "That silver hair on your chest is proof enough for me" and she processed his Social Security application.
When he gets home, the man excitedly tells his wife about his experience at the social security office. She says, "You should have dropped your pants. You might have gotten disability too."

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Two guys are sitting in a bar. One looks over at the other and asks how his sex life is going. The second guy looks at him blankly for a moment and replies, “I’m having social security sex."
His buddy looked puzzled for a minute then finally asks "What the hell is social security sex?"
"I get a little every month but it’s not enough to live on."

=================
When Bernie Madoff was asked where he got the idea of paying early investors with money from late investors he had a two word answer: “Social Security.”

And finally just something I want to get off my chest

We have all been hearing about how Social Security is going to go bankrupt.  Sure, it's doing great NOW, some say. But just wait until the baby boomers retire!’  All these claims are based on projections made by the Social Security Administration. By law, the SSA must project SSA's finances 75 years into the future. This has meant, for reasons too mathematical to go into, that Social Security has always shown a shortfall at some point in their projections; often, a much larger shortfall. Yet somehow, it's never happened. No one has ever missed a Social Security check. EVER.  Yet we still hear people wanting to invest the money themselves.  (They would have probably invested their life savings with Bernie Madoff.)
In 1996, the SSA predicted a shortfall (ie, "Trust fund depletion date") in 2029. Yet with each succeeding report, the shortfall moved further into the future. In the 2004 report, the shortfall is predicted for 2042.
Moving eight years into the future moved the shortfall thirteen years into the future. Thus I have calculated that as every year passes, the shortfall will move 1.65 years into the future. Therefore, 100-year projections show that in 2104, the shortfall will be predicted for 2207. (2207 equals 2042 plus 165.)
Politicians of 2104 will probably talk constantly about the "looming Social Security crisis" of 2207 and their plans to "save" it.
Joke explained in math:
13/8=1.65
2042-2004=38
75-38=37
37/.65=56.9
2004+56.9=2060.9

Of course, I don’t really care if Social Security checks are late in 2207.  I am sure all my friends who are old enough to qualify won’t mind a bit.

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