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Support private accounts?

Budget and Taxes Do you feel that raising taxes will help solve the debt of the United States? Are you a fan of Reaganomics?

View Poll Results: Support private accounts?
Yes 7 63.64%
No 3 27.27%
Undecided 1 9.09%
Voters: 11. You may not vote on this poll

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Old 05-13-2005, 08:47 PM   #11 (permalink)
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The projected rate of return that I have for the money I have invested in SS is approximately 1.5%. I would have done much better taking that money and investing it in a bank account at 3%, I would have doubled my retirement. A money market account at 6% would increase my retirement by 300%

dmk
Conservatism, I repeat is not an ideology. It does not breed fanatics....But if you want men who seek, reasonably and prudently, to reconcile the best in wisdom of our ancestors with the change which is essential to a vigorous civil social existence, then you will do well to turn to conservative principles
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Old 05-13-2005, 10:50 PM   #12 (permalink)
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Quote:
Originally Posted by sgtdmski
The projected rate of return that I have for the money I have invested in SS is approximately 1.5%. I would have done much better taking that money and investing it in a bank account at 3%, I would have doubled my retirement. A money market account at 6% would increase my retirement by 300%

dmk

That isn't the point. We need a revised system were people don't have to risk their money to get a fair return. We shouldn't have to put money back into corporations to get what we deserve in the first place.

And 400 billion a year to our military??? God bless America is the biggest joke the world has ever heard.
Old 05-14-2005, 01:36 PM   #13 (permalink)
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The best course of action with respect to Social Security is to sunset the program, grandfathering (on a pro-rated basis) those who have contributed. There is no justification for the federal government involving itself in my financial affairs.
Has to be the smartest thing I have read on these pages yet. I'm curious, why does the gov't have a right to take my money to invest it for me (I mean spend it for me)? Exactly where is that stated within the Constitution?
\"I believe it is an established maxim in morals that he who makes an assertion without knowing whether it is true or false, is guilty of falsehood; and the accidental truth of the assertion, does not justify or excuse him.\"--Abraham Lincoln
Old 05-15-2005, 08:16 PM   #14 (permalink)
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Quote:
Originally Posted by Axiom
Quote:
The best course of action with respect to Social Security is to sunset the program, grandfathering (on a pro-rated basis) those who have contributed. There is no justification for the federal government involving itself in my financial affairs.
Has to be the smartest thing I have read on these pages yet. I'm curious, why does the gov't have a right to take my money to invest it for me (I mean spend it for me)? Exactly where is that stated within the Constitution?
You know, this has got to be the third or fourth time I have seen you look at an issue and simply ask wherre it is stated explicitly in the Constitution. You are naive and you're a moron. The framers created the Constitution as a living and flexible document, knowing that it would only work if it could be easily interpreted to fit the nation at any given stage. It all boils down to something reletively simple. That's Article I Section 8 of the Consitution, also known as the "necessary and proper" clause or the "elastic" clause. It is the basis of loose interpretation of the Constitution. It gives Congress the power to do anything "necessary and proper" for the country. This has been the justification for hundreds and hundreds of laws, acts, etc.
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Old 05-16-2005, 09:08 AM   #15 (permalink)
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Quote:
Originally Posted by aMFliberal
Quote:
Originally Posted by Axiom
Quote:
The best course of action with respect to Social Security is to sunset the program, grandfathering (on a pro-rated basis) those who have contributed. There is no justification for the federal government involving itself in my financial affairs.
Has to be the smartest thing I have read on these pages yet. I'm curious, why does the gov't have a right to take my money to invest it for me (I mean spend it for me)? Exactly where is that stated within the Constitution?
You know, this has got to be the third or fourth time I have seen you look at an issue and simply ask wherre it is stated explicitly in the Constitution. You are naive and you're a moron. The framers created the Constitution as a living and flexible document, knowing that it would only work if it could be easily interpreted to fit the nation at any given stage. It all boils down to something reletively simple. That's Article I Section 8 of the Consitution, also known as the "necessary and proper" clause or the "elastic" clause. It is the basis of loose interpretation of the Constitution. It gives Congress the power to do anything "necessary and proper" for the country. This has been the justification for hundreds and hundreds of laws, acts, etc.
YES YES YES!
GO GO GO!

I hate it when morons keep crying, 'not in the constitution'!
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