[Risa]

>>And they trust the government?<<

Well, they haven't lost everything they had invested through the government. Government is supposed to be democratic. On the other hand, huge world monopoly corporations are not democratic--they are authoritarian by nature. I'd rather keep my money out of their coffers. Better to just do away with the SS tax, and let the people do with thewir money what they wish.

Why do you call social security 'welfare fraud"? What does the welfare entitlement program have to do with social security?

[HuntsvilleTxVeteran]

"Why do you call social security 'welfare fraud"? What does the welfare entitlement program have to do with social security? "

Because when people reach 65 with out ever working get SS.
And a lot of people who get SSI with out ever working, by getting a liar(lawyer) to convince a judge that they can not work because they are drunks, druggies or just afraid of work.

[waverna]

Those who don't trust the evil authoritarian corporations could choose CDs or even T-Bills. T-Bills have returned an average of 4% over time which is worlds better than SS. If we can trust the gov't to pay SS then we can trust that same gov't to pay the interest on its T-Bills.

[Safetgiver]

SS : welfare.

[Safetgiver]

In 1992 I began putting $10 a week into an S&P 500 Fund, gradually increasing it to $90 a week now. Investment? Around $20,000. Total? $148,000. YOU do the math.