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Washington Post Column: The rich can save Social Security, by giving up their checks
Washington ComPost ^ | 05/16/2013 | Jim Roumell, Founder of investment management firm Roumell Asset Management LLC.

Posted on 05/16/2013 8:34:20 AM PDT by SeekAndFind

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To: SeekAndFind

Let’s call this proposal what it is - HIGHWAY ROBBERY!

Let’s get it straight - everyone of the people that this black-masked thief calling himself Jim Roumell had no choice but to “contribute” to Social Security. These “contributions” were backed up by the full force of the Federal Government and the IRS. There was no option.

So, after 40 plus years of hard work and risk taking what happens? Jim Roumell wants to take all of the “contributions” and give them to others who didn’t work as hard or took any risks. Why? Because the risk takers made too much and now, according to him, have no right to their “contributions”.

I wonder how the thief Jim Roumell would react if some super thief came to him and told him that his company, Roumeel Asset Management LLC, was too successful and he had to take both his personal money and the money from his clients and give them to less successful asset management LLCs?


61 posted on 05/16/2013 10:04:43 AM PDT by Nip (BOHEICA and TANSTAAFL - both seem very appropriate today.)
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To: SeekAndFind

I believe people argued that the rich should never have been included in the first place.


62 posted on 05/16/2013 10:09:59 AM PDT by Wiser now (Socialism does not eliminate poverty, it guarantees it.)
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To: SeekAndFind

There are many “pencil necks” out there telling you to give up your money to support a government known for its irresponsible and wasteful spending, extravagant waste and cronyism. The government is controlled for the most part by tax and spend Democrats.


63 posted on 05/16/2013 10:15:14 AM PDT by olezip
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To: ncfool

Unfunded liabilities now are 87 trillion.

Are you ok with the government printing 87 trillion in order to pay you what you are owed?

There are three options.

One - refusing to pay.
Two - bankruptcy later followed by erasing all these obligations.
Three - printing, leading to inflation and eventual currency collapse followed by bankruptcy and erasing all these obligations.

Those are your only options. Is it really worth it to you to get your and hopefully check out before the worst of it?


64 posted on 05/16/2013 10:37:03 AM PDT by JCBreckenridge (Texas is a state of mind - Steinbeck)
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To: All

Justice and fairness demands cutting those who get welfare and unearned income first; they are taking from a pot they did not contribute to while taxpayers are forced. Very soon the coming socialism caused 500% inflation disaster will kill the hosts and there will be no more pot or arguments; the whole damn socialist gov’t gang of robbers will very shortly incinerate themselves; good riddance leftist welfare maggot hell-holes!


65 posted on 05/16/2013 11:17:58 AM PDT by RHS Jr (Pity the banksters when Jesus comes)
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To: SeekAndFind

If any part of SS is denied to citizens who have paid in to it, it ceases to be constitutional based on the arguments given by the gov in the 1930’s court challenge to SS.
It would revert to a welfare program.
It should be abolished.


66 posted on 05/16/2013 11:38:15 AM PDT by CapnJack
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To: FrankR
SSI...Social Security INSURANCE...if you paid the premiums, you should get the benefits.

SSI stands for, Supplemental Security Income (SSI). One needs never to have paid in a cent to collect it.

SSDI stands for Social Security Disability Insurance, one must have paid in to Social Security for a minimum of 40 quarters to qualify.

Both are different from ordinary Social Security.

67 posted on 05/16/2013 2:28:55 PM PDT by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: All

To heck with saving SS; let it die!


68 posted on 05/17/2013 11:23:39 AM PDT by RHS Jr (Pity the banksters when Jesus comes)
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