commissioner.org
| Source | John Lahr |
| Date | 04/02/10/15:35 |
| Steve,
I think there is, as well, another problem with this proposed change to the social security system. The way an insurance system works is for everyone to pay in and then those who need the assistance withdraw some of the money. In the case of social security, some people die before withdrawing any or very much of the money that they put in. In this way it's like term life insurance. If people just put money in their own accounts and then this money is available to their survivors, then this is just a savings account system and not an insurance system. Cheers, John Lahr Steve wrote: To hide the problem, the Boob president has proposed to make social security be a stock market gamble. This will put a % of our Golden age Golden Resident and Golden Hearted retirees money each year into the pockets of NY, Boston, or Houston based (Haliburton Securities...a yet to be announced subsidiary) investment managers (Bush Friends) and make the results of the investments be a total gamble. The only guaranteed recipients are the fund managers.... not the Golden Hearted retirees who are here in Golden doing volunteer service to this fine Golden city....named for Thomas Golden. |
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