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Updated 23 days ago on . Most recent reply

Impact of International Travelers Cancelling US Travel
Are others nervous about what impact a decline in international travelers will have on their STRs?
75% of my current bookings are from international travelers so I'm worried.
https://www.independent.co.uk/news/world/americas/us-politic...
Most Popular Reply

- Real Estate Broker
- Minneapolis, MN
- 5,772
- Votes |
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He called Social Security a Ponzi because by the very definition of Ponzi, IT IS:

It is NOT supported by the monies that were put into it, because not only were those monies NOT properly invested even in something as simple as Treasury Bonds, but instead it's been used as a slush-fund to finance this that n the other thing NOT S.S. related.
The system is on a path to very soon be bankrupt. Because, as any Ponzi works, it's only able to make payout's from there being an ever increasing # of people "investing" into it than deducting.
And that math is not holding. Boomers retiring out and following generations NOT engaging in productive work in sufficient numbers = insolvency.
I would think any person would applaud an audit that finds millions of fraudulent recipients of S.S.. Every fraudulent recipient found = more $ for the legit recipients.
I just don't comprehend the argument of "NO, don't find fraud and waste, how dare you look for fraud and waste, NO we want fraud & waste"......
I don't care what party you lay claim to, if your going to audit the Gov. and ferrit out any fraud and waste I applaud you, and thank you. I pay tax's, I don't want them wasted. And only way to know is via SERIOUS audit's, not "oh so-n-so said nothing to see, don't bother looking".
If D's would have done this 2 years ago it would be meet with nothing but applause. And yes, could have been via Elon when Elon was still a card carrying D. I am certain it would have been nothing but accolades for Elon.
What will happen to Social Security at this pace is it will be SAVED. Insolvency staved off for additional many years by catching and removing fraudulent recipients, however many there is. So the $ goes to LEGIT ones. It's not complicated math.
As for your theoretical losses on STR's, let us know when you actually have some losses. So far it's just "oh what if"..... By your own words you havn't lost a cent. Your just in fear of a possible future vacancy "if, if, if....".
I'm not an R and sure as hell not a D anymore. So don't play the partisanship BS as an excuse for my words. I am part of the middle "sane" who is looking at things objectively.
Stopping fraud and waste is a good thing, full-stop.
You won't know what you have unless you look, in a SERIOUS concerted manner. As DOGE was created to do.
Again, I don't care who does it, I'm glad it's being done. It should be done on a somewhat regular schedule. Federal Gov is the only business on earth that thinks operating for decades with 0 accountability or audit is a good thing.
- James Hamling
