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To: X-spurt

I am on neither social security nor medicare so I don’t have a dog in this fight, BUT, notice when they changed the law and began calling social security insurance, now it is a tax. See, insurance pays a specified amount. That was the tip off anyone in that program was going to get screwed.

As far as getting their money back, whoa, why put it in if you get exactly back what you put in...today’s dollars are not worth anywhere near what they were 40 years ago for instance. Had these “insurance” funds been deposited into IRAs and invested ala what they did in Galveston and Chile, people would be retiring with amply funds to do so (not withstanding his excellency’s comments about how much one should have in retirement savings). If they want to change the program tomorrow, go ahead, but honor their committments to those who are vested in this program. If not, those who are getting screwed have one avenue of redress, their index fingers.


14 posted on 05/11/2013 12:40:12 PM PDT by Mouton (108th MI Group.....68-71)
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To: Mouton

But how could the Dems have bought votes all these years if they couldn’t spend our SS payments?


16 posted on 05/11/2013 2:00:19 PM PDT by expat2
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To: Mouton

Said well.


21 posted on 05/11/2013 10:00:18 PM PDT by X-spurt (Republic of Texas, Come and Take It!)
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