Posted on 04/28/2005 4:00:18 PM PDT by Howlin
Also the argument for Privatization using the excuse that if it is good enough for Congress it is good enough for the American people, can be a slippery slope. Liberals always say we need the same healthcare plan congress offers.
(I support privatization but the argument that it is better for people to make their own decisions is good enough) The fact is that SS is a mistake made by that Socialist RAT Roosevelt and the whole point of Privatization is to get rid of it by making people responsible, not just enlarging another entitlement program.
Live threads have always been hard to contain, because they are sort of a stream-of-consciousness effort. I try to post facts, but I also get sidetracked because of disruptors. Plus I get infuriated with the press and go off on tangents ranting about them.
I think we could make this work, and I would like to help the office-bound. Then we could have the best of both worlds.
How about mandatory purchase of government bonds? The payment in can be used to pay for present beneficiarries, and the private holder of bonds has something to pass on to his heirs if he outlives the purchase. It's not a private account in the sense that its success depends on any company's business success, but it is a private account in that the value of the government bonds accrues to an identifiable individual buyer.
ugh . . . i hate when people throw out jargon as shorthand for superior enlightenment, retreat behind it and then refuse to examine their position
again, how is this tired 'moral hazard' canard any worse than what we've got?
"pay as you go" is not "pay what you can"--there is a level of expectation, among those who need benefits to make ends meet, that can't be ignored when we hit negative cash flow
since a lockbox is not an option where politicians are involved, the only difference is that under the current system the coin's already been tossed--whereas what's proposed gives us another toss in the private sector
" I have to say that President Bush is doing SO great tonight.."
Didn't have a chance to watch the press conference, but, turned on tv to see Joe Scarborough announce that although President Bush looked more confident tonight than in his first term, he basically laid a huge egg tonight ( my words, his inference. )
Glad to read so many positive remarks by Freepers who must have seen a different press conf than Joe.
This is what Compassionate Conservatism leads to, and hearing the President say Rich people dont deserve their money was disturbing!
right now everyone's benefits are indexed to wages instead of prices--leaving it that way for poor folks minimizes their dependence on other welfare in their old age, which is unneeded by rich folks
in a utopian dreamland, successes and failures would get to eat what they kill and starve if they fail . . . simply melting away, instead of committing crimes and littering the sidewalk with their corpses
of course, i'd like to believe that, if they got the government off our backs, we'd use our extra wealth to care for others voluntarily . . . i'd really like to, but i wised up and quit the libertarian party in my 20s
I noticed a long time ago that whenever Joe is with Chrissy Mathews, Andrea Mitchell, Howard Fineman and Pat Buchanan, he turns distinctly LEFT and is very critical of Bush...
almost like he doesn't want to have to defend his position if he says anything positive...
Did you notice this?
In answer to a question about Iran, the President mentioned "my good friends in" such and such countries are doing this about that, and "Vladmir Putin has offered to "...do this about that.
Get it?
I'll accept your apology when you muster up the integrity to offer one.
WATSONFELLOW SAID THIS:
It's more than a little annoying to scroll through hundreds of posts that TELL ME NOTHING ABOUT WHAT WAS SAID. can't you guys make a sep. comment thread?
I responded by saying we weren't his private news service.
My bad, cyncooper...you were the :cc and I forgot to include watsonfellow, who made the original remark.
ATTENTION ALL FREEPERS!!! CYNCOOPER IS MAD AT ME BECAUSE I MADE A MISTAKE!!!
PLEASE DO NOT ATTRIBUTE ANY COMMENT I EVER COMMENTED ON TO CYNCOOPER.
THANK YOU FOR YOUR UNDERSTANDING!!
...uh...is that okay?
in a utopian dreamland,
In a utopian dreamland people would take what they need and become independent. The fact is any government welfare is abused and only creates more waste. People need to be independent. Before government welfare people made it in this country just FINE and were better off!
You support the Welfare State?
Was the NYTimes the only available link?
Not to mention the US has the most private Charity than any other country!
The balance of SS benefits are cut back at an interest rate of 3% over inflation, compounded annually, for the money diverted into the private accounts. So there is compounding on both sides of the ledger. There has to be, or the actuarial deficit would increase.
err, no, in simpler english for you, i'm for privatization and arguing against the guy (gal?), Torie, who claims it presents a moral hazard larger than leaving it in the hands of the politicians
nevertheless, to get private accounts, i don't mind if they start indexing wealthier folks' inflation adjustment to prices instead of wages
I am not sure what your point is. Private accounts do nothing to reduce the actuarial deficit in the system.
Problem is this leaves the door open to more punishments against people for earning money after all as Bush put it they are already well off.
And if Rich people are not getting anything out of the system why would they keep their money in the US and invest in a system that is redistributing their money even more!
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