Bush's SS reform

  • Wanna Join? New users you can now register lightning fast using your Facebook or Twitter accounts.
P

phil

Sicc OG
#2
Apr 25, 2002
7,311
27
0
116
#2
these faggot liberals want you to believe that allowing you to invest your retirement that they steal from you is bad.

if any insurance/retirement provider was ran like social security is it would be shut down for fraud!!!!

social security is bullshit anyways. its not enough to live on when youre about to die. and its not the govts job to make sure youre taken care of when you cant work anymore. thats the idea behind a FREE country. you do for yourself.
 
JoMoDo

JoMoDo

Sicc OG
#3
Jul 10, 2002
2,180
18
0
45
#3
It has a psuedo-decent idea behind it, but its hard to evaluate until the entire plan has been released. The problem with it is the general population in this country is not educated in terms of financial management/investing. What percentage will we have control over and what amount will remain fixed. What happens to the people who put their money in a fund/index/stock/bond that goes under and they are left w/ nothing. What is the cost of bailing these people out, or are they simply s.o.l. (shit outta luck)...

I do like the idea of being able to have some control over our own financial destiny, but where is the ins.policy, what about people who want the fixed income and are not risk averse?

In order to make this feasable, the education system needs a total shifting of priorities, fuck make micro/macro economics a requirement, financial management, & other fiscal classes to teach fiduciary duties need to be implemented... if that was the case then yes lets move towards a more progessive SS system, if not, its fin to be big trouble ahead...
 
P

phil

Sicc OG
#4
Apr 25, 2002
7,311
27
0
116
#4
its not like theyre forcing you to invest in the private sector. its optional, so those who dont want to roll the dice dont have to. but for those of us who can turn a better profit than ss on our investment, its unamerican not to provide us that option.

i agree with you on education reform. physical education, art, etc... should be cut if financial independence is not affordable enough to teach to our kids. gym and art are mandatory, but there is no requirement for our kids to learn even basic economic survival. sad.
 
P

phil

Sicc OG
#6
Apr 25, 2002
7,311
27
0
116
#6
taxes sent to the govt? thats a nice way of spinning it. its money consfiscated by the government. now when they tell you youre too stupid to invest a portion of it on your own, THEN THATS UNAMERICAN YOU STOOPID PIECE OF SHIT.
 
T

TOKZTLI

Sicc OG
#7
Jan 9, 2004
3,340
131
0
42
#7
I hate having ss deductions taken out of my check when I know I won't see a penny of it when its time for me to retire. Like Jomodo said, we dont know the complete proposal yet therefore the ramifications cannot be clearly analyzed.
 
M

Mcleanhatch

Sicc OG
#8
May 8, 2002
4,729
0
0
49
#8
Jomodo said:
I do like the idea of being able to have some control over our own financial destiny, but where is the ins.policy, what about people who want the fixed income and are not risk averse?
Click to expand...
The insurence policy is simple. DONT INVEST IT IN THE MARKET. just leave it in the SS system or put it in the bank.

just like phil said,
phil said:
its not like theyre forcing you to invest in the private sector. its optional, so those who dont want to roll the dice dont have to. but for those of us who can turn a better profit than ss on our investment, its unamerican not to provide us that option.
Click to expand...
 
JoMoDo

JoMoDo

Sicc OG
#10
Jul 10, 2002
2,180
18
0
45
#10
Mybiggest problem is gov't taxes being invested into private corporations... Can anyone say conflict of interest... I bet once more of the plan is disclosed, the investment opportunities will be coincidentlally limited to companies w/ ties to the Bush Train, just a thought, who knows though?
 
You must log in or register to reply here.
Top Bottom