[cynwoody]

The idea of Bill Gates and Buffet or Perot collecting social secutity is ridiculus.....uber-rich should not be collecting.

Why not? They contributed, didn't they? They're entitled. Period.

Once you means test, it's welfare! Which means, if SS is means-tested, anyone collecting a check is on welfare! LOL!

SS should be phased out.

[goat granny]

My husband paid into SS from the time he was 16 and passed away at 51, he never collected it..If we had been able to take that money and invest starting in 1955, we'd have been far better off than SS. Those that collect welfare contribute zero to it.....its not even close to being the same.

He was also in the saving plan when 401K came into law, and when he passed he had over 300,000 dollars. He took a buy out and 401K plus buying AT&T stock when it was one of the 10 blue chip stocks.. If he had been investing SS money in his own name, it would have accumulated more than that...

Get tired of people putting SS and welfare in the same catagory.....