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To: Marauder
That's exactly right.

The liberals need SS to stay like it is with increases as they add program after program to it.

So they can have more and more control.

Their mantra of Bush "dismantling" and destroying the SS system is partly true.

If time could be fast-forwarded 70 years and everyone had their own private "SS" type savings account, retirees could stay in their homes and not downsize their lifestyle because they would have all the retirement money they need.

Imagine starting at 18 yrs old and having 15% of your earnings for 47 years earning interest.

That is what the liberals don't want.

How can they steal and siphon off the money if it doesn't go through the government filter?

The Social Security Fund is filled with IOU's. After the portion of the money coming in each month is sent to the recipients, the Government puts an IOU in for the surplus, and spends it.

23 posted on 02/03/2005 8:00:21 PM PST by Syncro
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To: Syncro

Well I hope it goes even further until they scrap SS altogether.


93 posted on 02/04/2005 11:56:49 PM PST by endthematrix (Declare 2005 as the year the battle for freedom from tax slavery!)
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