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To: VRWCmember
"Do you also advocate means testing and freezing benefits for your 401(k) account, and your savings account, and insurance plans"

Do you not understand the difference between a government welfare program and a private investment account?

240 posted on 01/02/2011 2:18:32 PM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
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To: Mariner
Do you not understand the difference between a government welfare program and a private investment account?

I keep hearing that the money I was paying into SS all those years wasn't real money, so I guess anythings possible.

Like I asked before, since the contributions you alleged to have paid into your retirement account cost the government the time value of the deferred taxes, whats to stop them from appropriating it as well?

They did it with SS, after all.

246 posted on 01/02/2011 2:22:39 PM PST by skeeter
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To: Mariner
Do you not understand the difference between a government welfare program and a private investment account?

Social Security is a government ponzi scheme, but those people that you think should be means tested have paid into the social security system, and the benefits are merely the return on the forcibly withheld "contributions" from the earnings of the "investors". The benefits - based on the amount of earning from which Social Security taxes are withheld - should not be reduced just because you either saved or made better investments prior to retirement than someone else. Such a policy that would further confiscate your benefits just because you have better prepared for retirement than others is the epitome of government welfare and income redistribution.

431 posted on 01/02/2011 9:41:47 PM PST by VRWCmember (Veritas vos Liberabit)
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