Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: John Lenin

Right...there was no earthly reason for the gullible geezers to think the gravy train was going to keep going for their 30 years of retirement on the meager contributions they put in. And to buy their votes while spending their retirement money, Congress would sweeten the pot still further with COLA raises over the years. The average retiree has used up all the money he put in, plus interest, in less than 5 years of drawing payments. The young worker bees kick in the rest of the 20 years they continue to live. That's way too expensive. Let it go broke. They deserve it after believing the bunk that the politicians have been lading out since FDR started this scam.


69 posted on 03/11/2005 4:39:09 PM PST by kittymyrib
[ Post Reply | Private Reply | To 55 | View Replies ]


To: kittymyrib

SS will never go broke. If the Dems get back in charge, taxes will simply be raised to fund the current ponzi scheme.


71 posted on 03/11/2005 4:41:51 PM PST by oceanview
[ Post Reply | Private Reply | To 69 | View Replies ]

To: kittymyrib

My SS payment wouldn't cover my food and utilites if I had to retire right now.


73 posted on 03/11/2005 4:48:15 PM PST by John Lenin (It's the things below the surface you can't erase)
[ Post Reply | Private Reply | To 69 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson