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To: Portnoy001

How about the SS fund be allowed to invest in other things besides US Treasuries? It could be invested in many mutual funds spread across many asset classes.


5 posted on 01/13/2023 10:01:56 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

Or crypto..

I used to think allowing that stuff might be a good idea, but not anymore with all the gambling-style funds and investments going on.

Just means test and pause CODA for 15-20 years will do it. But the most fiscal conservative will go ballistic if it means affecting their entitlements in anyway.


6 posted on 01/13/2023 10:03:30 AM PST by Portnoy001
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To: Tell It Right
You are suggesting the U.S. do something like the Chilean government under Augusto Pinochet actually did?

One the plus side, it made the system solid and transformed Chile from a third world country to a first world country in a single generation.

On the minus side, it deprived the leftists of a source of revenue they were using to transform Chile into a Communist Utopia and Pinochet made about 1800 of them disappear.

39 posted on 01/13/2023 10:30:42 AM PST by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Tell It Right

There is no “trust fund”.


57 posted on 01/13/2023 10:48:53 AM PST by Jim Noble (You have sat too long for any good you have been doing)
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To: Tell It Right

Oh God, no.


68 posted on 01/13/2023 11:16:00 AM PST by steve86 (Numquam accusatus, numquam ad curiam ibit, numquam ad carceremâ„¢)
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To: Tell It Right

How about the SS fund be allowed to invest in other things besides US Treasuries? It could be invested in many mutual funds spread across many asset classes.

No. Take the King’s shilling, do the King’s bidding.


101 posted on 01/13/2023 5:36:30 PM PST by rxh4n1
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