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To: NorCoGOP
"So what if you took that money and invested it in Treasury Bonds, which are fully guaranteed by the Federal Government, and make an average return of about six percent a year. You would be vastly richer upon retirement"

In view of the fact that they can't handle SS monies received in the first instance, what makes the writer so confident that Treasury Bonds are a valid guarantee?

And the beat goes on.

BTW, SS recipients recieved a 1.4% increase this year and 2.6% last year, so why the whining? After all, our "conservative" republican controlled has gave themselves a $4,900 increase in 2002 and the senate did the same for 2003, all, I might add, at the midnight hour so as to avoid publicity.

We should all be thankful for the little "crumbs" we receive and for the "crumbs" who give us our bread.

FReegards

23 posted on 01/06/2003 9:35:15 AM PST by poet
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To: poet
I understand that the amount of increase of SS was offset by the same amount of increase on medicare which is deducted from SS payments. Net result is no SS increase for those at the lower level of benefits.
102 posted on 01/08/2003 3:45:20 PM PST by dasein64
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