Social Security Insolvency Accelerating, Study Says. Crisis is much closer than previously believed

Budget and Tax News via The Heartland Institute ^ | July 1, 2005 | Thomas R. Saving

[cpdiii]

If Social Security would return the money I and my employer have put into the RISKEY SCHEME ,a little Al Gore Lingo, adjusted for inflation and the measly return of Treasury Bonds, I would gladly opt out of Social Security.

The reason the Demonicrats will not privatize is taxes are they way the accrue their power and control the people. The power to tax is the power to destroy. It is time for a new Boston Tea Party.

[foobeca]

I would gladly forfeit any future SS benefits if I could opt out of the criminal enterprise known as sosh security.

[henderson field]

Money could be saved if we could eliminate the pensions of government employees.

[foofoopowder]

We should all have the right to opt out now, receiving all of our contributions plus employers' contributions plus interest. In the meantime, the name should be changed to SOCIALIST Security Administration, so we all know exactly what it is.

[Overtaxed]

Well, duh.

[neutrino]

Increased foreign investment (EVIL GLOBALIZATION)in the bond and equity markets will "fill in the void" so to speak as long as the return on investment when adjusted for risk is good.

Such money can and does shift from one venue to another, thus increasing volatility.

Globalization is a great deal like a dead fish under the moonlight; it shines like silver, but it still stinks.

[EGPWS]

You should be in the government, you have demonstrated the ability to write sentences containing no discernible meaning, this skill is highly valued at all levels of government.

Yes, that little conveyance of mine put the conveyances of "Sheets" Byrd to shame didn't it.

[EGPWS]

The power to tax is the power to destroy. It is time for a new Boston Tea Party.

I'm not much of a tea drinker therefore I would most likely toss it overboard anyway. ; )

[EGPWS]

Money could be saved if we could eliminate the pensions of government employees.

You mean make THEM rely on Social Security?

Blasphemy!!