S.S. Polls

[kingjust]

If the idea of privatization acceptance is going down, then why keep pushing this as an agenda. The majority of the people have been speaking back about how this is not a good idea. Why is the president so adamant about making this ludicrous idea into reality? Is there something to hide by focusing on nothing but S.S.? Like the downplay of the administration accusing N.K. of exporting nuclear materials to Lybia. Aren't there more important things to be concered about like the environment, global warming, alternative energy? Or how about refocusing back at a task he decided to turn his cheek on, the war in Iraq and the search for Bin Laden. Here is the link for the polls, it's from CBS: http://www.cbsnews.com/stories/2005/...in677680.shtml

[Lou Minotti]

The majority of the people have been speaking back about how this is not a good idea.

Sources?

ludicrous idea into reality?

How is not having your money stolen ny the FEDS ludicrous?

Is there something to hide by focusing on nothing but S.S.?

Most likely.

[kingjust]

Sources?

Click the link for the polls.

How is not having your money stolen ny the FEDS ludicrous?

How do you know that the Feds are stealing your money? Granted SS is not as perfect as we want it to be, you get something back after crazy taxes though. And investing your money into an insecure meaning that either you can live good when you retire or you can live bad when you retire depend on the market. What would happen to your retirement, in private accounts, if we were to be attacked again and the stocks fell like they did. After all the fees that the brokers and traders will be apllying, what do you have left. The current SS is put in a trust fund collecting interest that is never affected by the market. So after, I can't remember his name, said that SS should proverbally be put in a lock box, good ol' George decided to dip in the funds after frivilously wasteing are surplus that Clinton had created, who really is stealing from SS, the Feds, or shit head George?

Most likely.

I feel the same way, what the hell is he hiding?

[Lilith]

This Social Security issue is of interest to me...but I'm confused about it. I think I have the idea of what Bush is trying to do. But can someone provide me with some reliable links that lay out the pros and cons of it...or tell me in thier own, hopefully unbiased, words what the SS issue is all about. Something has always reeked to me about it...but before I go on a rant about it...I need to educate myself.

[kingjust]

This Social Security issue is of interest to me...but I'm confused about it. I think I have the idea of what Bush is trying to do. But can someone provide me with some reliable links that lay out the pros and cons of it...or tell me in thier own, hopefully unbiased, words what the SS issue is all about. Something has always reeked to me about it...but before I go on a rant about it...I need to educate myself.

From what i've read, the government says that the SS fund will run out by 2017 or 14 now, when the baby boomers begin to retire. Bush is seeking to privatize it into investment accounts where you can control it.

Pros: You are able to control your money. A choice.

Con: Another 2 trillion has to be borrowed, raising our debt, to establish these accounts. Fees paid to brokers and traders. Unpredictable market, which if the market falls, say buy buy to your retirement. There are more but these are the only ones I have in my head. Let me look for more information, hold on......

[Lou Minotti]

This Social Security issue is of interest to me...but I'm confused about it. I think I have the idea of what Bush is trying to do. But can someone provide me with some reliable links that lay out the pros and cons of it...or tell me in thier own, hopefully unbiased, words what the SS issue is all about. Something has always reeked to me about it...but before I go on a rant about it...I need to educate myself.

Lilith,

The "left" wants you to believe only government can save you. The "right" wants you to believe the private sector was anointed by the almighty. But at the end of the day, it is your money/labor and to simply TAKE IT from you is theft. It won't cost any money for the government NOT to take your money. Save some and die drugged and happy. Spend it all, have fun, and possibly die a tortured death. It's your life. This isn't China.

[kingjust]

Lilith,

The "left" wants you to believe only government can save you. The "right" wants you to believe the private sector was anointed by the almighty. But at the end of the day, it is your money/labor and to simply TAKE IT from you is theft. It won't cost any money for the government NOT to take your money.

As true as it maybe, why have something else to worry about, taking that extra money home, where it could accidently be spent on something stupid. Why not let the government be responsible, though they are not now those fucking crooks, and put the money in trust funds, bonds, that collect more over time because of interest. Increasing more than what is being put in, correct me if i'm wrong Lou. And isn't privatization the same as 401k, why have 2 of the same thing? You know. IMO, just get rid of the cap on when to stop taking money for social security, meaning anyone making over 90G's will now have to pay the percentage that will be equivalent to what the make, into SS. And stop taking from SS. We already have investment funds, don't duplicate it. SS is not broke where it needs an overhaule, just change a few things and we will be back on track.

[Lilith]

Well if the money is running out anyways? But it doesn't make sense to borrow money to set up the accounts in the first place....so instead of borrowing...don't set up the private accounts? Or like you said plan for your own retirement in your own way and don't depend on SS or whatever plans Bush has in the works....or don't save and say to hell with it...because when you get old anyways, you'll prob lose your mind and die drugged and happy. I think I'm getting it. Life really sucks.

[Lou Minotti]

It's my labor. If you take it from me without my consent, that is theft. If the government takes it from me without my consent and gives it to you, that is called government-assisted theft. Simple. Privatization is doublespeak for widening the corporate welfare trough. All they need to do is STOP TAKING THE MONEY AND GIVE BACK WHAT THEY HAVE STOLEN. To date the govt has stolen $18,000 from me with their "Social Security" ponzi scheme.

[kingjust]

Well if the money is running out anyways? But it doesn't make sense to borrow money to set up the accounts in the first place....so instead of borrowing...don't set up the private accounts? Or like you said plan for your own retirement in your own way and don't depend on SS or whatever plans Bush has in the works....or don't save and say to hell with it...because when you get old anyways, you'll prob lose your mind and die drugged and happy. I think I'm getting it. Life really sucks.

That's why I don't understand why these Bush followers don't realise that, it's going to put us into debt more. And the funny thing is that he is not showing that on reports when he talks about lowering the deficit!! How is that not apart of our deficit.

[Lou Minotti]

How is the govt not stealing our money going to put us more in debt. Please elaborate.

[kingjust]

How is the govt not stealing our money going to put us more in debt. Please elaborate.

First, why the gov is not stealing your money: Read this [URLhttp://www.ssa.gov/history/briefhistory3.html] link[/URL] about the history of Social Security and you will find that legislative bills were passed by FDR to assists those greatly affected by the Great Depression. I let you read, but you will still have your opinion that they are stealing.

Second, If the government stops "stealing" your money and go with privatization, how will these private accounts be established. Being that we are already in debt, we would have to borrow 2 trillion dollars to set up everyones account. So after you have invested your SS into the stock market, you are at their mercy. Does that sound secure to you. SS isn't supposed to be about chance, or guessing, or playing the market. SS is supposed to be there when you retire, period. And paying into a trust fund, that we would be lock down keeping the grubby hands of the president or any politician from spending the money, would make SS bulletproof, with a little change to how we take FICA from those that make over 90000 dollars a year. Privatization = at the mercy of the market, current SS with a little reform = stability for all, and the responsibility of the government to assure that the money is not wasted for crap, like a war in iraq, or tax breaks.