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To: chris_bdba
IMHO no ne should ever be recieving more than they paid in.If you paid in $30 a week for all of your working life(25 years) how can you expect a $800 check each month for 20 years. It just does not compute.

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Ridiculous post for at least three reasons....

The US Government took the money with a promise of return.

Thirty dollars a week ($1,560.00/yr) was worth a lot more twenty-five years ago than it is today.

Nobody works for just 25 years, 40 is more like it.

12 posted on 06/04/2011 11:13:30 AM PDT by wtc911 ("How you gonna get down that hill?")
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To: wtc911
"The US Government took the money with a promise of return."

Not true.

The laws that form SS make NO PROMISE OF RETURN of even principal, and no guarantee of any payment whatsoever.

Congress sets the SS payment schedule, not assets vs liabilities or bonded guarantee.

20 posted on 06/04/2011 11:26:33 AM PDT by Mariner (War Criminal #18)
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To: wtc911

Nope not true. Many poeple, have retired at 62 after only workig for 25 years,And what the money was worth then versus now is not the point NO ONE should ever get back more than they paid in and that is what is happening.I stand by what I said,If you paid in $30 a week for 25 years your checks should never exceed $162 a month!It is not a savings accountit is the government.Do the math and figure it out yourself and you will quickly see how today’s recipiants are recieving much more than they paid in and brekaing it for my generation.


42 posted on 06/04/2011 12:38:39 PM PDT by chris_bdba
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