[bamaborn]

I guess credibility is something the Washington Post prefers to do without. How many thousands of Americans were subjected to this load of ca-ca?

[Shermy]

The White House is seeking a correction from the Washington Post.

I'm seeking that the White House release its plan.

[anniegetyourgun]

Whoa....WH fighting back on this....no more Mr. niceguy.....not gonna let them get away with this anymore....

[ken5050]

WP will print the correction on page 47 tomorrow...BTW.tomorrow's paper has 46 pages..

[FreeRep]

Just my two cents, I’m for social security reform, we need to strengthen and modernize social security and minimize investment risk through diversification.

[Trust but Verify]

I wonder where the WP got such an idea? Surely democrats wouldn't be behind this. Naw.

[Dog Gone]

o Those workers who do not elect to create a personal retirement account would continue to draw benefits from the traditional Social Security system, reformed to be permanently sustainable.

Which means that the traditional benefits will have to be reduced. I'm in favor of this. It will motivate more people to contribute to private account in anticipation of beating the guaranteed SS benefit.

[ncpatriot]

I heard the Senator from NJ (the one who wants to run for Governor) talk about claw back this morning on Fox and Friends. It sounded terrible.

[ModelBreaker]

If he were to divorce, his account would be marital property.

Now there's a big advantage . . .

[YOUGOTIT]

Typical of the left-wing media. They will lie cheat and steal to get their left-wing anti-American Socialist dogma out as the truth when it is a lie 90% of the time.

[lonevoice]

An update on the earlier ping today.

Heard someone from the WH press office this AM say that the Post story was completely wrong and that the WH was trying to get a retraction for it.
22 posted on 02/03/2005 9:55:23 AM PST by Roccus (Quando Omni Flunkus Moritati) [ Post Reply | Private Reply | To 1 | View Replies | Report Abuse ]

[Hunble]

When are the Democrats going to learn?

1) George W. Bush will tell you exactly what he will do.

2) Democrats assume that he is just like them and only bluffing.

3) President Bush achieves his goal.

4) Democrats wonder what the hell happened!

5) Repeat items 1 though 4 above....

[rwfromkansas]

"A worker could earn a higher return through his personal account investments. The Social Security Actuary assumes he will invest in a conservative mix of stocks, corporate bonds, and government securities that would result in a 4.6% real rate of return. In this case, the account would be large enough to provide about $7,000 per year of benefits, so he would have a combined future benefit of $17,000. His combined benefit would be $2,000 per year higher than had he not chosen the account."

$2,000? That's it?

[philetus]

Reality: The President's plan for personal retirement accounts does not have a "claw back."

As soon as a dem gets in office.it will.

[KevinDavis]

I knew this story smelled like a rat and some people here believed it too.

[DennisR]

All Bush would have to say is that all personal savings accounts must be saved in a passbook savings account. That would really give the Dems fits! Because they are using the fear factor about the stock market. But doing this would give Bush what he wants and America needs: personal responsibility in the ownership society. If I had all the money I had put into Social Security for me and had earned only 5% that sum at the end of each year (not even compounded daily!), I would be right now, at age 53, sitting on about $270k cold cash. Face it - SS is just a way for Congress to use our money and pay us later - if we don't die, that is. And why should all my money be left with the government when I die? What did they do to deserve it?