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To: Tumbleweed_Connection
It's beyond crisis: it's an FDR ponzi scheme! One way to defer the inevitable would be to change the eligibility
age to 70 and encourage folks to save for their retirement.
Partial privatization would be a step in the right direction.
31 posted on 12/22/2004 9:19:49 AM PST by upcountryhorseman (An old fashioned conservative)
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To: upcountryhorseman

"change the eligibility
age to 70"

I wish someone would run the numbers on this. It seems the most rationale and you could move it slowly while grandfathering in people within 5 years of eligibility at implementation.


32 posted on 12/22/2004 9:25:59 AM PST by xcullen (DC Conservative)
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To: upcountryhorseman

when SS was first created the retirement age was 65 but the avg. life expectancy was 58. It was a MONEY GRAB

Now people live to 75 or more and it has become a ponzi scheme


41 posted on 12/22/2004 11:24:09 AM PST by Mr. K (I support a strong defense policy, but see no reason to conduct it while sober.)
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To: upcountryhorseman

We need to make sure we preserve all this liberal "wisdom" about how the system is so fiscally sound.
Then when reforms of the system fail, we can use this to prevent further rate increases and or new taxes when the Ponzi scheme finally crashes.


43 posted on 12/22/2004 12:02:47 PM PST by Kozak (Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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