WHITE HOUSE BLASTS WASH POST ON SOCIAL SECURITY CLAIM....

http://www.drudgereport.com/flash3.htm ^

[Destro]

Reality: Under President Bush's plan, participants would get EVERY SINGLE PENNY OF THEIR RETIREMENT ACCOUNTS -- BOTH the PRINCIPAL AND INTEREST.

That is not the issue - WILL I GET TO KEEP THE PROFITS (if any) EARNED? I don't think you get to keep the profits - profits are used to fund the system somehow?

I don't know - asking. Any help would be appreciated. I want to keep the profits AND interest my money earned if it is the case.

[AppyPappy]

And they want Talon News to lose their credentials because TN is biased.


HA!!!

[EagleUSA]

I don't know - asking. Any help would be appreciated. I want to keep the profits AND interest my money earned if it is the case.
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The answer here I believe, was implicit in Bush's statement that he wants every contributing American to KEEP ALL HIS MONEY in those accounts, and also to (most important) TO KEEP IT OUT OF THE GOVERNMENT'S HANDS. That of course, drove the Marxists nuts.

[Redbob]

"I can't bring myself to believe that editors for the Washington Post are quite that ignorant or incompetent."

Not knowing them personally, and having only their publication to judge them by - I can!

[Destro]

I did not hear him say that - and what I read (which may be incorrect of course) does not support that - and this Drudge article seems suspiciously to have left out any statement about the PROFITS. It mentions principal and interest - but left out PROFIT - raised up my suspicion radar.

Wherein this counter article does it say I get to keep PROFITS on my investemnt?

[EagleUSA]

Wherein this counter article does it say I get to keep PROFITS on my investemnt?
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It makes no sense to even have the individual accounts if you could not keep your earnings -- that is the WHOLE IDEA AND PURPOSE for the accounts. Presently you LOSE with government controlled SS. You earn no interest. And you keep nothing. With your own investment account you keep it all. Certainly you will be liable, like any other investment earning, for income tax. As we are on all our earnings today. Frankly, the government should not double tax retirement accounts in my opinion, but they are horribly greedy.

Think about it. It makes no sense to not roll over your earnings back into your account so it will grow.

[Destro]

This article left out the words "profit" and I want to see it in writing where I get to keep the profits - if any.

[SierraWasp]

That first paragraph, alone, is enough to "wake up" any thinking people on earth!!!

I want them "world's elites," (The Global Thong) to be weeping and wailing and gnashing their teeth!!!

What Hanson so ably summarizes is enough to gag most normal maggots, but not your aptly named leftist "liberal elite mediot maggots!"

[Destro]

PS: I am just commenting on this Drudge article - not on your position - i.e. this article is provides incomplete information (par for the course for Drudge) to form a rebuttal.

[Grampa Dave]

It is time to rip out and destroy the stage these elite left wing limo liberals come out on daily to condemn America and push their bs.

That stage is the Rat Controlled MSM. As conservatives, we must never buy another fishwrap from them or watch their Not Really News.

[SierraWasp]

I think I've found my favorite "edge-man" on FR!!!

As the illegal aliens say when they rarely get caught crossing our southern border... "Wull hay... Chit Happens!!!"

Oh! Redleg!! You know why Helen Keller's legs were yellow, don'tcha?

[mrs tiggywinkle]

**and some people here believed it!!!**

Yep. I noticed that while skimming a thread yesterday. Sure hope they drop by *this* thread for the facts, rather than continuing to believe what some moron said.

[SierraWasp]

Every Rat Controlled MSM bogus propogandacast should have a stonger warning label on the screen, or playing in the background, than CIGARETTES are forced to have on each package!!!

Why? Because this "Hate you own country first and foremost" is CANCER OF THE BRAIN!!! (And they're the biggest cause of it!!!)

[atlaw]

Wait a minute. In his SOTU, President Bush deliberately avoided articulating any specific plan. Indeed, the White House has been very deliberate in its avoidance of any specific proposals whatsoever.

So what "plan" is being discussed in the article, and, for that matter, what "plan" is being referred to in the heated oppostition to the article?

And on a related note, anybody care to opine on how a reform plan incorporating personal accounts without a clawback provision will remedy the bankruptcy of the system?

[Grampa Dave]

A more simple warning: Whatever a rat says is a lie and could be harmful to all Americans.

[cookcounty]

"Evidently, a journalism degree is cut from the same cloth as an education degree. I.e., you're taught "how to teach", but without reference to any other body of knowledge. In a journalist's case, you're taught "how to report", but without reference to any other body of knowledge (either vertical, as in "history", or horizontal, as in "critical thinking"). "

If I owned a newspaper, the first thing I'd do is make sure that no "journalism majors" got hired.

[1Old Pro]

I heard a Dem senator or Congresman on the radio yesterday on national news. He said that current retirees would see the elimination of all benefits if Bush's plan wnet thru.

The meida is irresponsible to air flatly wrong information.

[Redleg Duke]

Ya tryin' ta git me banned? :-)

[cookcounty]

Not to burst anybody's bubble, but I am still waiting for someone to explain how the shortfall in payroll taxes resulting from this plan will be made up in the near term........

[SierraWasp]

"If I owned a newspaper, the first thing I'd do is make sure that no "journalism majors" got hired."

How right you are!!! The only thing they remember with that lame "degree" is one thing their Commie Professor drummed into their lame brane: "Your one and only job as a journalista, is to... comfort the afflicted and afflict the comfortable!!!" (whether it makes any sense, or not)