They might be doing a better job than they are telling us and
spending the rest.
David L.
Ben Franklin: “Only a virtuous people are capable of freedom. As nations become corrupt, they have more need of masters.”
-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]On Behalf Of Sandbox Mail List Administration
Sent: Monday, November 10, 2003 10:13 AM
To: 'The Sandbox Discussion List'
Subject: RE: [Sndbox] Is it the responsibility of the federalgovernmenttoprovide ge...Ok, I like that. You know why it won't work? Because seniors today that retire at 62-65 will get much more than they paid in. That's why the system is going broke. I don't think the gvt. should be involved in pensions at all. Let the people take that 13% taken out of their checks for FICA and invest it where they want to. If they spend the money and don't save it, then that's their problem when they get old.SS has a 2% return on investment. A good investment account can give you a 7% return in a bad year, and as much as 30-40% in a good year. Why should the gvt. do the investing? It's obvious they are not smart enough to do a good job.Charles Mims
In a message dated 11/10/2003 10:59:18 AM Eastern Standard Time, [EMAIL PROTECTED] writes:
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of [EMAIL PROTECTED]
Sent: Monday, November 10, 2003 11:04 AM
To: [EMAIL PROTECTED]
Subject: Re: [Sndbox] Is it the responsibility of the federal governmenttoprovide ge...
Again, pick a position and make your case for either or both.
well your no help today :-P from their own pockets no but they do need to give them the ssi that they paid in because that is what it was paid in for. personally id like to see ss accounts at banks so when they take it out it goes into that account in your name and put it like a christmas club thing where they cant take it out til 60 :)))
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