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Privatizing Social Security
Townhall.com ^ | September 28, 2004 | Thomas Sowell

Posted on 09/28/2004 7:27:13 AM PDT by The Great Yazoo

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To: qam1

Put me on your X-er ping.


21 posted on 09/28/2004 12:23:03 PM PDT by 12 Gauge Mossberg (I Approved This Posting - Paid For By Mossberg, Inc.)
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To: GovernmentShrinker

Community property laws may still apply. Get a legal opinion from a competent lawyer in the state where the parties reside.


22 posted on 09/28/2004 12:59:19 PM PDT by The Great Yazoo (JFK: He's a real nowhere man, Sitting in his nowhereland, Making all his nowhere plans For nobody)
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To: A Ruckus of Dogs
Privatization won't happen in my lifetime - the senior lobby won't allow it

If you were anywhere in physical proximity to me, we would have a bet on this. This is going to occur within six years; probably within three. The Demodogs are losing the ability to scare the seniors about this issue.

23 posted on 09/28/2004 1:09:06 PM PDT by AFPhys ((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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To: AFPhys

The seniors aren't the same seniors they've scared in the past. What used to be seniors are now us. I'm not clear on how that'll play though.


24 posted on 09/28/2004 1:13:19 PM PDT by The Great Yazoo (JFK: He's a real nowhere man, Sitting in his nowhereland, Making all his nowhere plans For nobody)
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To: AFPhys

You may get some partial privatization but as long as most of my SS tax goes into the Ponzi scam, it's a loser for us younger folk. I'll grant that the Demodogs don't have much to stand on now that Alan Greenspan has delivered two dire warnings.


25 posted on 09/28/2004 1:17:15 PM PDT by A Ruckus of Dogs
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To: A Ruckus of Dogs

I will predict with some confidence that the Demodogs will succumb to President Bush's efforts to allow everyone to deposit some of their SS funds into a private account. They need to do so to get some pressure off before too many more elections. The younger voters are getting more and more adament about this, and older ones like me are too.


26 posted on 09/28/2004 1:29:11 PM PDT by AFPhys ((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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To: The Great Yazoo

It's not my story -- it's just an example of how government management of personal relationships stinks. The biggest problem is that most people have no idea what the inheritance and divorce laws are when they get married, and the state sees no need to inform them before they sign the "contract", nor when the laws change.


27 posted on 09/29/2004 7:40:12 AM PDT by GovernmentShrinker (Donate to the Swift Vets -- www.swiftvets.com)
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To: The Great Yazoo

For a peek at what a good privatized system would look like go to Cato website. They have been leading the charge for 20 years.


28 posted on 09/29/2004 7:53:43 AM PDT by Protagoras (Putting government in charge of morality is like putting pedophiles in charge of children.)
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To: GovernmentShrinker

That's what lawyers are for! (Sorry, but I gotta feed my kids somehow!)


29 posted on 09/29/2004 8:54:43 AM PDT by The Great Yazoo (JFK: He's a real nowhere man, Sitting in his nowhereland, Making all his nowhere plans For nobody)
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To: All

I just posted Part II


30 posted on 09/29/2004 9:17:22 AM PDT by The Great Yazoo (JFK: He's a real nowhere man, Sitting in his nowhereland, Making all his nowhere plans For nobody)
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To: The Great Yazoo

Anyone who is against private accounts and wants to stay with the current system is completely insane. The money should completely be kept in private accounts with the government not seeing a penny of it.


31 posted on 02/03/2005 4:44:56 PM PST by CaptainAwesome2
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To: The Great Yazoo

I will need to save my money if Bush continues to waste it abroad. He needs to focus on social security reform, cutting taxes, cutting the size of government and stop wasting time on Iraq. I absolutely couldnt care less about Iraq except as a potential oil source and military base. You dont need to pay hundreds of billions for that.


32 posted on 02/03/2005 4:56:20 PM PST by CaptainAwesome2
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Comment #33 Removed by Moderator

To: Plinket
Not true. You can visit This location and the Social Security Administration will tell you exactly how much has been credited to your SSN since you began working. The administrative infrastructure is already in place to track individual accounts.

My point is only that there will be no massive, sudden change. This is a first step to allocating the "trust funds."

34 posted on 02/07/2005 9:13:00 PM PST by Sgt_Schultze
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To: The Great Yazoo

Exactly.

And in all the talk of "privitization" and the numbers being crunched and the rhetorical volume being raised, I NEVER hear the fundamental truth that Social Security is direct affront on our most sacred value: individual freedom.

Being forced to pay into an unaccountable system for decades of my life is not, in my opinion, constitutional.

If I don't save for my future when that's my business. I can always work until I die. Or I'll starve and live on the street. Regardless, it's not anyone else's concern. I shouldn't have to be forced by law because some liberal idiot wants to be compassionate.


35 posted on 02/07/2005 9:21:23 PM PST by Fledermaus (I Googled "Democrat+Sane" and got no hits.)
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To: CaptainAwesome2

So fighting a war on terrorist scum that want to murder us isn't a priority for you?

Sorry, you won't need Social Security or worry about taxes or the size of government when it's more than likely, given your statement, that you'll be killed by our enemies.

And no need to post back with all the "Iraq didn't attack us" or "Iraq has nothing to do with the War on Terror" BS rhetoric. I'll never buy it and anyone that does, in my opinion, is an idiot.


36 posted on 02/07/2005 9:27:11 PM PST by Fledermaus (I Googled "Democrat+Sane" and got no hits.)
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To: Plinket

The Social Security Administration's operating budget is over $8 billion. That's pretty expensive alreay.

And they won't be doing the tracking. The "private" money will go into equivalents of your 401K, or the same ones you already own, and those are simply tracked by these strange boxes on our desk we call computers.


37 posted on 02/07/2005 9:29:48 PM PST by Fledermaus (I Googled "Democrat+Sane" and got no hits.)
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To: Fledermaus

Fighting a war against muslims is a priority. Spending hundreds of billions and thousands of lives in building up a nation of terrorists is not a priority. Dont try to lump the building of Iraq and the War on Islam together. They are two separate things and one is a waste of our resources and the other is something that must be done.


38 posted on 02/08/2005 9:53:29 AM PST by CaptainAwesome2
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To: CaptainAwesome2

I even told you in advance that I wouldn't buy that theory and in no way could I be persuaded. But you went ahead and did it anyway.

And I still think you are 100% incorrect. Regards.


39 posted on 02/08/2005 12:54:44 PM PST by Fledermaus (I Googled "Democrat+Sane" and got no hits.)
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To: Fledermaus

"And no need to post back with all the "Iraq didn't attack us" or "Iraq has nothing to do with the War on Terror" BS rhetoric. I'll never buy it and anyone that does, in my opinion, is an idiot."

If you read my post you will see I am not saying that Iraq didnt attack us or that Iraq has nothing to do with the war on terror. I am completely in favor of the war against Iraq. I am against the building up of Iraq and spending hundreds of billions on their government, military, police, infrastructure, etc. So I didnt "went and did it anyway."


40 posted on 02/08/2005 3:35:18 PM PST by CaptainAwesome2
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