Posted on 08/28/2011 9:36:04 AM PDT by Cincinatus' Wife
I did not know about this..I plane to send it on to others..
Thanks Cincinatus’Wife..
Thanks!
Employee and employer contributions are actively managed by a financial plannerin this case, First Financial Benefits, Inc., of Houston, which both originated the plan and has managed it since inception.
For some reason ENRON comes to mind when I read the above......
Bump!
IF you'd rather NOT be pinged FReepmail me.
IF you'd like to be added FReepmail me. Thanks.
Nice turd in the punch bowl "deport."
The "Alternative Plan" has been working for 30 years, while Social Security is "splat."
*****As Texas Governor Rick Perry boasts of those three Texas counties, Employees in those private plans, having exercised their liberty at Washingtons sufferance, are reaping the benefits.*****
Galveston, Matagorda and Brazoria County employees, many of them union members
I hope Perry uses these counties as templates for the future of SS...W tried to change SS and we saw what happened.
One of the South American countries did this sometime ago...and it has FAR exceeded any other country.
Yep them ‘floaters’ come to the surface when money is aplenty.
Did you read the whole article before you posted your comment?
Nope..............
to read thanks...
I want in. What a great way for individuals to prepare for their retirement, and to reduce spending and power at the federal level.
Great political cartoon.
I was thinking this morning: The American people don’t have Texas president fatigue, they have buyers remorse and want to go back to the Texas brand.
Thanks for posting that CW. When Perry called social security a Ponzi scheme, he was dead on right. It meets every definition of a Ponzi scheme. The only difference is that a Ponzi schemer can’t print more money. However, did you see the establishment republicans on the talk show circuit tear him down for that comment? They were right there alongside the Dems. it was appalling. Every well meaning conservative should be coming to his defense. The new deal farce is coming to an end and its time we call it like it is. He was the first real Presidential contender to have the cojones to do it. The Texas plans you’ve posted are definitely viable alternatives.
Every one needs to email their Senators and Reps (who have such gold-plated retirement and healthcare accounts -— that will never be deemed less than gold-plated) why in the hell have they not PUSHED for this?
Answer: YOUR MONEY isn’t run through their fingers and re-directed to their causes — leaving your accounts empty.
Constituents should be SCREAMING loud about this.
And send letters to your papers’ Editors.
Yes, they should.
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