Posted on 11/23/2004 5:26:08 PM PST by Former Dodger
Not only is SS a slush fund, but it is an income redistribution scheme to transfer money from Black men to White women.
Think about it.
Right-on.
It was the LBJ administration which caused SS to be included
into the general fund and the Clinton administration which
proposed that SS benefits be taxed.
Spot on observation.
Exactly!
Not true. Clinton raised the tax on benefits. They were already taxed.
The socalled privitization is just like the federal TSP program. Go to www.tsp.gov and you will see what he's proposing. As a federal employee myself, its a great way to prepare for retirement with a good return on my investment.
It is a shame we have gotten accustomed to the income expected in the retirement years instead of making it mandatory that citizen put aside a percentage for saving for retirement age. Without violating the Constitutional rights.
Bush's plan is not perfect but it is better than nothing and provide a starting point for doing something in a concrete matter.
My mistake. It would really be nice if we could get SS on solid ground and the national finances in order. We as a Nation would be MUCH better off...
Regards,
I only hope they will allow some of us over the 20 something to opt in.
When I started working as a civilian after NAM my wife and I decided to match 1/4 of the amount taken out of our paychecks and start an investment progam. Over the last 45 yr's we have done very well and don't have to count on social security to keep beans on the table.
Ann Beaudry - People for the American Way
Mary Frances Berry - US Commission on Civil Rights
Julian Bond - NAACP Board Chair
Barbara Ehrenreich - Writer
Tom Hayden - California Legislature
Denis Hayes - Earth Day founder
Patricia Ireland - National Organization for Women
Jesse L. Jackson - Rainbow Coalition
Thea Lee - AFL-CIO, Assistant Director of Public Policy
Michael McCloskey - Environmentalist
Miles Rapoport - Democracy Works, Former Connecticut SoS
Robert Reich - Brandeis University, Former Sec. of Labor
Plus about 90 other people who have "university of..." or "... union" after their names. Yet another socialist party roster in 527 form.
The socialist/demonrat/lieberals want to oppose this so they'll still have a major election time power chip to demagogue.
That should make Dems feel better. Thanks for the finer
point but if Democrats can claim that a cut in funding is
defined by a reduction within an increase then I don't think
it is too much of a leap to be less than precise when it
comes to Clinton and SS taxes.
Democrats to America: please oppose any reforms to inefficient and outdated govt programs that will permit Americans to acquire wealth and break away from govt dependency!
What do they think the current SS situation does? The "debt onto the backs of young people and future generations" will be crippling if left as things are now.
It was a financial assistance program in the beginning, not intended to be the sole source pf income. The Congress kept expanding the program to include just about everybody, and tried to make it the sole source of support.
Do I have this right?
Are you aware the Medicare and the Social Security programs account for more than 73% of the National Budget?
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