Off-Topic: Social Security Fiasco
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Social Security Fiasco
Date:   3/15/2010 7:18:17 AM

That is not true Hound .... that was changed by the democrats to used those funds and replace with IOU's. The original SS law when enacted mandated the funds be kept separate. If they had been and was managed and invested we would not have the problem we have now. Instead, our government borrows the funds, replaces with IOU's, pays no interest and then "repays" as payments need to be made with cheaper inflation adjusted dollars.

Now think if all the money you put in to your retirement fund 401K or IRA was invested with zero return, to be spent 30 years later considering inflation all thise years ... do you think it would not be in balance.

I think so ... hence our problem.
Other messages in this thread:View Entire Thread
Social Security Fiasco - Mack - 3/14/2010 8:20:15 PM
     Social Security Fiasco - Talullahhound - 3/14/2010 9:23:30 PM
          Social Security Fiasco - water_watcher - 3/15/2010 7:18:17 AM
               Social Security Fiasco - Talullahhound - 3/15/2010 7:58:05 AM
                    Social Security Fiasco - lotowner - 3/15/2010 9:17:34 AM
                    Hound, you are wrong on this one - MartiniMan - 3/15/2010 10:09:32 AM
                         No Happy Ending - MAJ USA RET - 3/15/2010 10:48:42 AM
                              No Happy Ending - Old Diver - 3/15/2010 5:16:56 PM
                         Hound, you are wrong on this one - Talullahhound - 3/15/2010 5:09:45 PM
                              But you are wrong about your reply to WW - MartiniMan - 3/15/2010 5:30:02 PM
                                   You misunderstood - Talullahhound - 3/15/2010 8:01:57 PM
                                        You misunderstood - MartiniMan - 3/16/2010 8:28:21 AM
                                             But - Talullahhound - 3/16/2010 4:18:08 PM
                                                  Not true everywhere - MartiniMan - 3/16/2010 4:48:24 PM
     What's the Solution?? - Mack - 3/15/2010 9:19:09 PM
          What's the Solution?? - MAJ USA RET - 3/15/2010 10:50:40 PM
          So, There is NO Solution?? - Mack - 3/16/2010 7:50:41 PM
               So, There is NO Solution?? - Talullahhound - 3/16/2010 8:38:05 PM
                    So, There is NO Solution?? - Summer Lover - 3/17/2010 7:08:10 PM


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