Posted on 04/03/2010 1:38:25 PM PDT by sodpoodle
So I'm thinking the Federal Government could force us to buy $100,000 of whole life insurance in our early working years with part of the social security *donation* and name the US Government as beneficiary. That way, when we die (not if) the $100K goes back into the SS & Medicare funds.
Actually - it's a better idea than what we have now!!!!
Stop giving them ideas.
Be careful not to break your arm as you pat yourself on the back.
Why not term life for $250,000?
Whole life is a scam. Anyone who buys a whole life policy is a supreme idiot.
It's the spending and cash flow, not the insurance that is demanded by Washington!
A speck to the the government created costs of dying.
Remember Hillary’s idea of a baby bond. There is nothing these guys won’t do if they think it can be used to boost their political power.
How about we force the Federal Government to STFU?
Stop The Federal Usurpation. Federal usurpation of individual state rights continues to erode and to limit the ability of state governments to operate according to their own citizen’s directives. Since, as the original intent of the Constitution directed, the best government is one which governs closer to the people and Federal Usurpation is the greatest threat we face today, it is time to tell Washington to STFU.
Essentially this already happens in almost every situation where you die young:
You stay single and work until age 35, then die in an accident. If you made on average $50,000 for 10 years, you and your employer paid in about $75,000 and nobody gets it.
It’s good for the underwriter - builds cash value - and if it was a Federal program - you know it would be FOR LIFE!
The Feds could pull it off without our knowing about it.
They could show an insurable interest in our lives - that we are dependent on SS and Medicare, etc., etc.,!!!!
Bustards!
I’d mulled that one over years ago.
Compulsory life insurance would do ‘society’ much more than any of this health care reform.
Not that I’m advocating government enforced life insurance just that it would eliminate or reduce so many problems that short sighted people leave for their families.
I find it interesting how the dimoKKKRATS use the “Commerce Clause” to widen the federal governments authority. I never see them bring up the Constitution except when it is their free speech. IMHO the Commerce Clause does not trump the Constitution.
Good point! The SS fund must have earned billions from workers who never filed for benefits.
The reason it is broke is because the government plundered its assets and now our young workers will be SOLd out!!
See my tagline!
Hey! While they’re at it, how about chip implantation to see, at a glance, exactly what the contribution to society of the individual in question as well as the medical records are for anyone needing medical attention? Just think of the time it will save the government!
Some corporations do this without the employee’s knowledge or consent. It’s called ‘Dead Peasants’ Insurance Policies.
And the govt. would put all the money from those premiums into their infamous “lock box.”
Legal Insurance would also prevent these greedy lawyers from overcharging and filing frivolous suits intended to harm innocent people merely to line their own pockets with untold millions - rarely giving those whom they claim have been "harmed" by this and that.
Does the money actually ever reach the poor individual? NO. Legal Insurance would prevent this atrocity once and for all.
Legal Insurance would also prevent more people from becoming lawyers as there are far too many now to "represent" the American population.
While we're at it, let's stop all of those greedy, dishonest lawyers from running for government offices, staying there for decades and then demanding pensions and free healthcare for themselves and their families forever!!!
Legal Insurance would prevent this as those greedy lawyers would also be prevented from gathering enough money to run for an office because we could control just how much lawyers earn and prevent them from overcharging to become wealthy.
Legal Insurance would put an end to lawyers at all levels of society, they need only to be "public servants" never earning more than those they represent!
He convinced me to buy a whole life policy for $15,000 for the paltry sum of $33.65/month (to the penny-I'll remember that amount for the rest of my life). It sounded great "at age 65 you get the $15K". Only it took me a few years to finally delve into the wording. The 'Age' they were talking about was the effing policy age!
I'll tell you one thing, if you ever see an agent for Met Life, tell that mother f@cker to step off before he gets his ass shot. They were, are and will always be crooks in my opinion.
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