“I hope that fear can make us all get real. The coming retirement income security crisis is a shared problem; it is not caused by a set of isolated individual behaviors. My plan calls for a way out that would create guaranteed retirement accounts on top of Social Security. These accounts would be required, professionally managed, come with a guaranteed rate of return and pay out annuities. This is a sensible way to get people to prepare for the future. You don’t like mandates? Get real. Just as a voluntary Social Security system would have been a disaster, a voluntary retirement account plan is a disaster.” Teresa Ghilarducci
http://www.nytimes.com/2012/07/22/opinion/sunday/our-ridiculous-approach-to-retirement.html?_r=0
Here is an interview of her (Theresa) by Mark Levin…(h/t woollyone from the other thread linked above)
http://www.youtube.com/watch?v=7TTsHel-qbcb
OUTSTANDING! HOORAY Mark!
“You don’t like mandates? Get real. Just as a voluntary Social Security system would have been a disaster, a voluntary retirement account plan is a disaster.” Teresa Ghilarducci”
Mandates = force = TOTALITARIANISM
A mandated social security system (built on the backs of dead Americans) IS A DISASTER. $16T unfunded liability. The mandated medicare system (built on the backs of dead Americans) IS A DISASTER. $88T unfunded liability.
CONFISCATE the assets of all socialists who have driven the republic into insolvency.
SOCIALISM IS LEGAL PLUNDER
http://bastiat.org/en/the_law.html#SECTION_G022
live - free - republic
live debt free