Posted on 01/20/2005 6:26:14 PM PST by Rakkasan1
Whatever happened to family values? President Bush's proposal to privatize Social Security and promote an ownership society contradicts his campaign rhetoric. He is deliberately concealing the fact that today 4 million children are Social Security beneficiaries and that only 63 percent of all beneficiaries are retired workers. Of the $40 million in Social Security checks sent out in September -- the last month for which statistics are available -- only some $27 million went to retirees.
(Excerpt) Read more at startribune.com ...
..."in an ownership society everybody is on their own."
God forbid that!
The quality of any idea is directly proportional to the hysteria it engenders among liberals.
Yikes! Arrvone resurfaces!?! What brought her away from her caldron? I thought when Mayor Don headed into the sunset that would be the last we'd hear of that inbred clan of proto-commie RATs (brass knuckled woman, weak man and gay son). When I was a wee lad that woman used to send chills right through me. Forty years hasn't improved things.
You are correct - in all respects. Her son commited suicide, if I recall rightly, and Don probably chose death as an alternative to the lovely and talented Arvonne as well.
How about whatever happened to personal accountability? Take care of your own retirement. I don't want you or the government involved in mine.
Here's the vision of lovliness herself: http://www.womenspress.com/newspaper/2004/2001fras.jpg
What's truly scary is that she looked darn near this old back in the '60s and '70s.
Yikes! Now I will have nightmares the rest of the night!
Is this the Star & Sickle Frazer speaks of? Communism at its finest. Ownership society? I think not.
The only objection I have to your statement is the 1000s of dollars I've already paid in to Social Security - 25 plus years worth, to be precise. Seems the only thing I can count on is that someone will take my money.
Where is the justice in that?
I personally don't care if Social Security is reformed or not. It's outside of my frame of reference.
If it stops, it should be that what you already have vested is still yours. What you do with your portion and that amount afterward should be your call.
My contributions as well as my employer's - plus interest. That might be fair. Otherwise ....
...if I recall rightly, and Don probably chose death as an alternative to the lovely and talented Arvonne as well.
Not to compare her to Arvonne, but there is an Irish ballad that has a part hat goes like this:
Chris O'Foss,he stole a hoss...and err the strung 'im up the boss said...if any girl will marry him the man goes free...
Up stepped Widow Twanky...She was lean and she was lanky...And she said kind Sir I'll thankee...hand 'im down to me...
That's why we're burying him...That's why the poor man's dead...That's why we're carrying him...off to his last long bed...
He took one glance...at his last chance...Then string me up he said...That's why we're burying him...That's why the poor man's dead...
I always felt kind of sorry for old Don. Even if he was a commie, I still pitied him for being married to that harridan.
"For women the danger of privatization is even greater. Though marriage was extolled in the recent campaign, in an ownership society everybody is on their own. On what most women earn today there is no hope of saving enough for the 20 years of retirement they can expect if they retire at 65 or 67."
What garbage. Substitute any person for "women" here and it is still garbage. Anyone, no matter what they make can save enough for retirement if they create a plan and stick to it. Yeah, some folks won't be able to buy the fancy toys that others could or live as well materially at first, but they need to get over that envy because there is no excuse for not ensuring your own future financial stability. Folks like the writer of this article just want a free ride off of the labor of others. I know damn well that I could take the money I pay into social security and get a much better return on investment than the measly monthly check Uncle Sam will dole out. By letting me keep that money that I pay out my checks, I can also put it to work smarter and sooner to take advantage of time.
Start as soon as you start earning a paycheck and:
Pay yourself first out of every check - Regular savings and compound interest can work wonders for anyone.
Construct a budget
Eliminate impulse buying
Other than a mortgage, don't buy on credit
As you accumulate wealth, diversify into structured investments.
One of the most shameful truths of American public education is that they do not teach students about money and how to manage it. No one should graduate high school without knowing the steps on how to accumulate wealth.
$40 million? This is nuts. Social security probably spends $40 million on stamps every month.
"The quality of any idea is directly proportional to the hysteria it engenders among liberals."
good point. it's also proportional to how much freedom the idea or proposal leaves in the hands of individuals.
The more freedom it promotes, the more dims are opposed.
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