some observations.

[Deptacon]

Originally posted by: Steeplerot
I trust him, as long as his cell door is locked, in jail

look another pointless, ingnortat, left wing rhetoric....

 

[Deptacon]

Originally posted by: oldman420
and how much of your retirement funds are you willing to gamble on govt stock buys?

and what about the huge administrative costs involved with setting up millions with these accounts?.

maybe they should make SS a voluntary program that you can refuse and therefore take care of your own retirement

ignorance speakes...the govt has had thrift plans for military and govt workers for about 50 years...they always make more than standard instrests, alwasy make more than inflation by fa.r...allways mroe profitable than just putting in the bank...they never loose money...they are very conservative (low low risk) investments

 

[Deptacon]

Originally posted by: Steeplerot
This is not about 10% of YOUR income it is about the income of millions combined together w/ interest.
THAT adds up. After the boomers are gone our population will be shrinking back to sizes SS was meant for, so wheres the crisis?

no, its our income...typical liberal opinion..ike its your money, i can invest that 10% 50 times bette than the govt can, i dont need soclail secruity, i have my own retirement funds, and im only 23 .......becuase most people arent smart enough to start ealry, i have to pay the rpice, out of my hard earned money, for a system that doesnt wortk anymore? no...FIX IT

 

[Deptacon]

Originally posted by: WiseOldDude

Originally posted by: oldman420
Everybody voted the president in and now don't want to let him spend his "political capitol".
Whats the deal? don't we trust him?

cowards voted for him because he promised to protect them from the big bad terrorist. These people were so busy hiding in their fear that they never bothered to look around and realize that terrorists are not on the top of the list of things that are destroying this country.

The irony is that bush is also doing a miserable job at fighting terrorists. one small trophy in his case, Saddam, while bin Laden and the dangerous one continue to be free and make their plans.

DUDE just SHUT up....go start a hatred thread, we are trying to hve a legit convo here about SS

 

[dmcowen674]

Originally posted by: Deptacon

Originally posted by: WiseOldDude

Originally posted by: oldman420
Everybody voted the president in and now don't want to let him spend his "political capitol".
Whats the deal? don't we trust him?

cowards voted for him because he promised to protect them from the big bad terrorist. These people were so busy hiding in their fear that they never bothered to look around and realize that terrorists are not on the top of the list of things that are destroying this country.

The irony is that bush is also doing a miserable job at fighting terrorists. one small trophy in his case, Saddam, while bin Laden and the dangerous one continue to be free and make their plans.

DUDE just SHUT up....go start a hatred thread, we are trying to hve a legit convo here about SS

Yea, he should shut up because the truth should never be told

 

[DanJ]

Originally posted by: Deptacon

Originally posted by: Steeplerot
This is not about 10% of YOUR income it is about the income of millions combined together w/ interest.
THAT adds up. After the boomers are gone our population will be shrinking back to sizes SS was meant for, so wheres the crisis?

no, its our income...typical liberal opinion..ike its your money, i can invest that 10% 50 times bette than the govt can, i dont need soclail secruity, i have my own retirement funds, and im only 23 .......becuase most people arent smart enough to start ealry, i have to pay the rpice, out of my hard earned money, for a system that doesnt wortk anymore? no...FIX IT

How does the system not work anymore exactly?

 

[Deptacon]

Originally posted by: DanJ

Originally posted by: Deptacon

Originally posted by: Steeplerot
This is not about 10% of YOUR income it is about the income of millions combined together w/ interest.
THAT adds up. After the boomers are gone our population will be shrinking back to sizes SS was meant for, so wheres the crisis?

no, its our income...typical liberal opinion..ike its your money, i can invest that 10% 50 times bette than the govt can, i dont need soclail secruity, i have my own retirement funds, and im only 23 .......becuase most people arent smart enough to start ealry, i have to pay the rpice, out of my hard earned money, for a system that doesnt wortk anymore? no...FIX IT

How does the system not work anymore exactly?

wokring folks are paying more and more into the system...for the same level of benifits

 

[CycloWizard]

Originally posted by: Steeplerot
This is not about 10% of YOUR income it is about the income of millions combined together w/ interest.
THAT adds up. After the boomers are gone our population will be shrinking back to sizes SS was meant for, so wheres the crisis?

Basic math tells you how completely ridiculous your statements are. The distributive property (eighth grade algebra): 0.1*(x+y+z)=0.1*x+0.1*y+0.1*z. Thus, 10% of my income is the same as saying 10% of someone elses, and the money would earn exactly as much interest if I and everyone else invested their money individually (same equation, only the coefficient changes: for 5% interest, 1.05*(x+y+z)=1.5*x+1.5*y+1.5z).

Originally posted by: DanJ
As for having 10% of your income back; yes, most probably would still need the safety net. Why? Because of mismanagement or because they would spend the extra 10% to make their quality of life on a year to year basis better. As for retirement, well they could either probably A) Never retire or B) Hope the government will realize they've created a jacked system in which people were told they'd make more money and live better retirements only to realize they've lost a healthy chunk of what they thought they'd have, thus they'd get more work or bank on a new program down the line to bail out this joke of a solution.

What do I propose? Worrying about things that matter right now. If we must do something with SS now, then raise the cap on taxable income thus moving any sort of funding problem off until *well* into the future (say 75 years +). After that, how about we focus on medicare and the state of our health system.

So, the government should pick up the slack for us because we don't know how to manage our own funds? Well, let me clue you in: it's pretty obvious that the government mismanages more than anyone. They've gone and done the thing worse than any private citizen: they mismanaged EVERYONE's money. Now, NO ONE has that money to retire with instead of only those of us smart enough to save for ourselves.

Your proposal is simply taking money from those who have and giving it to those who don't. It's a purely socialist approach that would never fly. The government is not supposed to play Robin Hood, as it were. Those who have can pay more than those who don't, but there needs to be some proportionality: the amount you're asking for is really outlandish and unjust at best.

 

[daveshel]

Originally posted by: Deptacon

Originally posted by: WiseOldDude

Originally posted by: oldman420
Everybody voted the president in and now don't want to let him spend his "political capitol".
Whats the deal? don't we trust him?

cowards voted for him because he promised to protect them from the big bad terrorist. These people were so busy hiding in their fear that they never bothered to look around and realize that terrorists are not on the top of the list of things that are destroying this country.

The irony is that bush is also doing a miserable job at fighting terrorists. one small trophy in his case, Saddam, while bin Laden and the dangerous one continue to be free and make their plans.

DUDE just SHUT up....go start a hatred thread, we are trying to hve a legit convo here about SS