Replies

Is Social Security an entitlements if one all their life was forced to pay into it?

That money could have gone into a nice IRA or some other program to give far more benefits than the recipient gets today!

33 posted on 03/22/2006 1:54:17 PM PST by restornu (Our blessing flow more when we as a nation murmur less!)

... That money could have gone into a nice IRA or some other program to give far more benefits than the recipient gets today! Could you imagine the amount of CAPITAL available in the country if SS was an IRA or other financial investment instrument over even the last 20 years let alone its inception. Imagine the amount of new companies, jobs that could have been created with the availability of this capital to private industry. There will be some who would say it SS money would be stolen by the likes of Ken Lay and company ... easy fix (and I say this will all seriousness) ... any monkey business by a financial firm with citizens' SS investment money, would would buy the entire board of directors and executives AND THEIR FAMILIES a one way ticket to the PUBLIC GALLOWES. The site of an entire family hanged at once on TV would put an end to any corporate monkey business fast. Oh well, we can dream.

35 posted on 03/22/2006 2:05:28 PM PST by MaDeuce (Do it to them, before they do it to you! (MaDuce = M2HB .50 BMG))

You still have the option for an IRA, and if you're smart you're building one.

40 posted on 03/22/2006 2:15:45 PM PST by linda_22003

Is Social Security an entitlements if one all their life was forced to pay into it?

Yes. Its just that the entitlement went to someone else.

51 posted on 03/22/2006 4:58:16 PM PST by mountn man (Growing old is mandatory. Growing up is optional.)

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