Bushs Plan to steal all the money in Social Security by the year 2008

[Lisa4Catholics]

Bill_A:

Im sorry but the $555. a month is only designed to put food on the table. People want the government to be all things to all people.

I am sure most of you probably think that this is all “crazy talk.” I posted the thread in hopes to educate some of you. I consider that if it is too crazy for you. Some time the day will come when you remember this. That the government intrusions have gone too far and that the wealthy abused people to much and our citys became disparaging cesspools of poverty. Which as Michael Moore pointed out have became fantastic recruiting grounds for our non stop wars on poor 3rd world countries.

Bill the whole idea of the president is to give us more control NOT the government.Did you hear what the man said Bill?His wife is on disability she paid social security and this is all she’s getting This is money she put in there.Michael Moore is for big government with all the nooses attached.

 

[Bill_A]

In the last 25 years we bombed, or attacked…

Gernada.
Iran,
Libya
Iraq.
Sudan
Bosnia
Afghanistan
Iraq…
Oh yeah and we bombed the Chinese embassy.

We been having mini wars about every 2-3 years. Next war is going to Korea or Iran. Why dont you try reading a paper or a book?

 

[La_Chiara]

Bill_A:

In the last 25 years we bombed, or attacked…

Gernada.
Iran,
Libya
Iraq.
Sudan
Bosnia
Afghanistan
Iraq…
Oh yeah and we bombed the Chinese embassy.

We been having mini wars about every 2-3 years. Next war is going to Korea or Iran. Why dont you try reading a paper or a book?

Ummm, your point is? I do not understand what this post has to do with the price of tea in China. Or with privatizing Social Security or with the posts on this thread that you started.

 

[Bill_A]

Lisa4Catholics:

Bill the whole idea of the president is to give us more control NOT the government.Did you hear what the man said Bill?His wife is on disability she paid social security and this is all she’s getting This is money she put in there.Michael Moore is for big government with all the nooses attached.

I think thats terrible but thats just the minimum Social Security Suplimentle Insurance payout. “The reason why social security was started was so that people would have some money.” When they were too old to work and that was broadend to include SSI and Medicade which is now a seperate agencey.

Its just a matter of the Government gettign too big and too greedy and having too many hands in the pot.

The whole thing about what about the people that die beforre age 62. Thats a fact or a carrot to keep the system going. Those people get nothing and the people that retire get their money.

 

[JakeW]

Bill_A:

In the last 25 years we bombed, or attacked…

Gernada.
Iran,
Libya
Iraq.
Sudan
Bosnia
Afghanistan
Iraq…
Oh yeah and we bombed the Chinese embassy.

We been having mini wars about every 2-3 years. Next war is going to Korea or Iran. Why dont you try reading a paper or a book?

And this has to do with Social Security because…???

 

[trevor]

Just to set the record straight, my wife is not disabled. I must have mistyped. I said, if she was disabled she would get $555.00.

The problem Bill is that for all of your talk against government, you actually want a bigger government. One that will eventually do all of your thinking for you.

What we need is smaller government and responsible citizens.

And if we believe in the axiom, “Everything in moderation”, you will definitely stop listening to Michael Moore.

ybiC,
Trevor

 

[TheGarg]

You know technically, most people make for thier own retirement, and jsut use the little social security check for gas money for their RV, in todays age of information, evan a novice can prepare for retirement. To rely solely on SS is irresponsible to say the least.

as far as the thread topic goes,

I wonder if liberals blame bush when they run out of toilet paper but dont discover it till thier using the bathroom, or maybe when the batteries in the remote are dead, and there are now new ones lying around. hmmm…

I guess if we all just planned ahead a little more and were concious of our surroundings, we would do just fine.

 

[Jay74]

Bill_A:

In the last 25 years we bombed, or attacked…

Gernada.
Iran,
Libya
Iraq.
Sudan
Bosnia
Afghanistan
Iraq…
Oh yeah and we bombed the Chinese embassy.

We been having mini wars about every 2-3 years. Next war is going to Korea or Iran. Why dont you try reading a paper or a book?

Funny, there isn’t one free nation there in that entire list (with the exception of Afghan and Iraq, which weren’t free when we had wars with them). We didn’t attack “poor 3rd world countries”, we protected those countries from their governments–it was their governments we attacked.

If you can’t tell the difference between moral force and immoral force, you truly are lost.

Oh, and if someone is hurting your family, don’t call 911–wouldn’t want the police to launch an unprovoked attack the poor man trying to kill you. See the flaw in your logic?

Oh, and yeah, this has alot to do with social security.

Hard to even debate your logic.

 

[condan]

Maccabees:

Actually this has been done before the privitization of social security and the results have been

a sucess.

THE SUCCESS OF CHILE’S PRIVATIZED SOCIAL SECURITY

cato.org/pubs/policy_report/pr-ja-jp.html

Try again.

Add to that the Federal Employees retirement plan as well as that of the Teachers, both very similar to the proposed personalization of SS.

What is being proposed makes perfect sense and is similar in structure to the 401k plans offered by employers: A small percentage is withheld and matched by the employer and is invested in low risk investment vehicles such as mutual funds. The return would dwarf the current miniscule monthly SS payment. Its a no brainer and anyone who thinks differently is either completely brainwashed or a stooge.

 

[Scott_Lafrance]

Great piece of propaganda, where are your facts and evidence to substantiate these claims?

Bill_A:

When and if Social Security is privatized, the social Elite that invest in the stock market and privatized social security will become fantasically wealthier. The poor will have less and the rich will become richer.

The programs privitization will cost Billions of Dollars. The government will have to pay for the money that gets “Invested in the stock market.” If the Market fails all the money will disappear. Like with the internet stocks. (Guess who will get it? The rich.)

As it stands money the money invested in Social Security is invisible. The government invests it in itself through the form of taxs and repays it a little at a time. Social Security generates its own funding.

The Fact that some people die and some people collect keeps it solvant. Remeber that My generation is dying from Drugs and Aids so that may help contribute to Social Securities solvancy. The liekelyhood I think that My generation will live to collect is a mispersception…

The Employees that work for social security will retire or disappear. Under the plan they too will be privatized and replaced by Subcontracted employees for $8 an hour. This will generate a feeling of discontent within Social Security because no one wants to work for $8 an hour. The employees that work there now make $12-$15-$20 an hour. They are not all happy and when they get run by some fat, dysfunctional greedy company like Computer Science Corporation you all do not know how unhappy and miserable Social Welfarity will come. People will recon for the “good old days”.

 

[mpav]

Let’s recall that in the late 90s Clinton called for Social Security reform (1998 “…the first thing we must do…”), and he wanted to let workers invest as much as 15% in a private plan. Bush is looking at a mere 4%.

 

[Scott_Lafrance]

I find it funny that Congressional Democrats are all maintaining that Social Security is solvent for the next 75 years, yet Alan Greenspan has been predicting for at least 5 years now that if SS is not fixed, it will be bankrupt in less than 20. Who do you think knows more about the government’s money?

 

[trevor]

Scott_Lafrance:

I find it funny that Congressional Democrats are all maintaining that Social Security is solvent for the next 75 years, yet Alan Greenspan has been predicting for at least 5 years now that if SS is not fixed, it will be bankrupt in less than 20. Who do you think knows more about the government’s money?

Bill A.

 

[Scott_Lafrance]

trevor:

Bill A.

Oops, you’re right, I forgot about him.

 

[Bill_A]

The best thing we could do to keep Social Security Solvant is to leave it alone. I know it does alot of good but I could personall care less about Social Security. Social Security is just a big socialist intrusion program but I hate to see them do anything that would make it worse.

The one thing they need to do that could save social security is focus on the economy. The government could tax imports in the form of COntainer processing fees. The money generated could be used to create jobs from everything to inspecting containers, the coast gaurd or grants to start small industrial buisinesses.

 

[Fitz]

I am all for privatization at least for part of it. Once the younger generations are used to that, let them vote to increase the amount that is privatized. I am a teacher and I qualify for both actually, but most of my retirement income will come from the Teacher Retirement System. My benefits will pass on to my husband and children if I pass away sooner. Also I quallified for putting money into a 403B Plan, which I can elect to put money in pretax up to a certain percentage or amount per year. I do that also, so that when I begin to draw it out I will be in a lower tax bracet and therefore I will actually have more of my own money.

It is clear to me that the whole country should have some of these same benefits. This in not an untried system. WE as teachers are already doing it. Government employees do it. Other countries are successfully doing it. My husband implements global payroll systems and says that they have this in South American countries.

Sean Hannity put together a collection of Democratic senators quotes complaining about the Republicans reform and he mixed in Democrat leaders like Clinton calling for reform. The voices are very recognizable and it makes the Dems look extremely foolish.

 

[Lance]

Bill_A:

The best thing we could do to keep Social Security Solvant is to leave it alone. I know it does alot of good but I could personall care less about Social Security. Social Security is just a big socialist intrusion program but I hate to see them do anything that would make it worse.

The one thing they need to do that could save social security is focus on the economy. The government could tax imports in the form of COntainer processing fees. The money generated could be used to create jobs from everything to inspecting containers, the coast gaurd or grants to start small industrial buisinesses.

Just who do you think would end up paying these container processing fees? They would get passed down to the consumer in the form of higher prices.

 

[Michael_C]

Everyone is in full agreement that social security is facing a crissis, the only thing to be alarmed about is that the dems have done an about face on the issue because of their hatred for George W.

 

[Brad]

Bill_A:

I am sure most of you probably think that this is all “crazy talk.” I posted the thread in hopes to educate some of you.

Keep hoping or do better research.

 

[Brad]

TheGarg:

You know technically, most people make for thier own retirement, and jsut use the little social security check for gas money for their RV, in todays age of information, evan a novice can prepare for retirement. To rely solely on SS is irresponsible to say the least.

I agree that it is irresponsible to rely solely on SS but I disagree that the picture will be as rosy as it is today in 15-20 years. With the retirement of all baby-boomers ,the killing the unborn, the international competition, and the massive personal debt, it’s going to be more difficult. I think many will not be prepared at all.

People retired today did not take on the mortgages and college loans the people do now. We also saw a real estate boom and pension plans that this generation experienced that we cannot anticipate.

Looking back, history will probably tell us that the current generation in the process of retirring had it pretty good overall. That is why you see all the RVs and Floriday lifestyles.