[inquest]

57. Is there a better way [than the current Social Security system]?

Yes. It is called an annuity program. If the money contributed by an employee (and his employer) between 25 and 65 were invested in American industries under an annuity plan, the fund could be built to a quarter of a million dollars by the time he retires. An annuity fund of this kind would permit an employee to retire at $1,200 to $1,500 per month. Furthermore, the money is his. He does not have to be poor to get it. If he dies it goes to his widow and children. He earned it. He owns it.

OK, they say at several points in this analysis that all federal programs that have no basis in the Constitution's grants of power are unconstitutional. But then they turn around and propose this idea. Where's the constitutional basis for any of this that they're talking about?

[King Prout]

you will note that the author does not state that it is the government's job to create the annuity program. the intent is for the taxpayer to have all the money stolen by the gov to use as he sees fit, and that a private annuity program would do a hella better job than SS benefits.

[handk]

OK, they say at several points in this analysis that all federal programs that have no basis in the Constitution's grants of power are unconstitutional. But then they turn around and propose this idea. Where's the constitutional basis for any of this that they're talking about?

I see your point; good call. However, if you re-read #57 I don't see any specific reference to an annuity program being a mandated government edict. I think the author was simply suggesting that if an individual voluntarily chose to participate in such a program, independent and separate from any governmental construct, that he or she would be much better off financially at retirement than would be the case under social security.