posted on Feb, 7 2005 @ 11:55 AM
Yes, let's take 1-2 trillion dollars more away from social security, (which is usually how the fund their budget deficits), in the guise of saving
social security, and then let's give the money, and much more to the corporate world!!! Social security will be around at least the next four years,
why can't we hold off until at least the powers that be can sound sane when they present their plan to us?
oh, by the way, before social security was founded, most people worked until they died, or ended up in crappy poorhouses, or lived with their children
and were taken care of by them. Although they all had lower taxes and every opportunity to save.....and most were really good at saving. Why do you
think that you'll be so much more successful at the game than your ancestors?
as far as how his plan would work, well, I heard that anyone I believe 55 or older will stay in the present system and be guarenteed benefits more or
less equal to that today....(as long as the government deficits don't eat into all that is in Social Security Reserves and start taking a bite out of
today's contributions also)......But, anyone under that age, well, there will be no guarentee about how much you'll be getting, and, you'll
probably be getting something now matter what happens....but, it won't be equitable to what it is today. Thus the idea of the savings
plans....consisting of investment opportunities like bonds and stocks, selected by our government....(wonder how much it will cost in campaign
contributions to get your name added to that list!!!)...so, when all is really said and done, you cannot personally, chose what investments your
personal savings will consist of, although I am sure, that they will give you a few choices of their favorites. And, of course, Bush shows not
inclination of really keeping the deficit down, which will only put those reserves in a more questionable state and weaken social security even more.
But, of course, he will feel absolutely no guilt, because he's the one who gave you that personal account that will save you tail when they tell you
that your social security for the month is a whole $5.00 (if you've invested wisely, and managed to avoid the three out of the five stockfunds that
were raped by scam artists!!)
The first step to saving social security if for our government to stop taking from it's funds! Then, the second would be to put some of what they
[edit on 7-2-2005 by dawnstar]