Do you believe that a small portion of SS should be privatized?

S

susaneita

New member
this is rich coming from a Bush supporter. Bush increased the size of government more than any president in recent history, even if you remove the department of homeland security. He has shown absolutly no fiscal restraint whatsoever, instead preferring an entirely reckless approach to fiscal policy. He has just recently stuck the federal government firmly in the middle of family affair.

The patriot act he signed contains more encroachments to our liberty thqan any single piece of legislation in the last 50 years, and he sent his attorney general to argue in front of the supreme court that the executive branch should have the power to suspend habeus corpus.

And it is buddies of this guy who determined that kerry was liberal.
 
going with a diversified fund would still get you more than what you've paid in SS.
the gov could also limit which fund you can use, as most employee 401k or 403b plans already do.
 
That would depend largely on your definition of "liveral" and "conservative". If we go with traditional American definitions, any bush supporter is a liberal, as is Bush himself. Going with traditional definitions, Kenny Hulshoff and (possibly) mc cain are the only conservatives currently in congress.

Pat Buchanan is a fairly typical conservative. Not a hardliner or anything, but a conservative. If your player does not at least hold views as conservative as Buchanan on things like fiscal responsibility, immigration, military spending and deployment, social spending, free trade, etc... you need to think REAL HARD before you slap a "conservative" label on them.
 
I completely agree with daewoo.
Daewoo has now been authorised to speak on my behalf regarding the subject of Social Security.:p
 
Yes, immigration, fiscal policy (including social spending), foreign policy, states rights, size of government. Besides those, he is almost conservative



Yes, besides immigration, fiscal policy (including social spending), foreign policy, states rights, size of government.
 
Well, Vor considers small to medium govermment, fisically conservative policies, and slow societal and legal chance to a be liberal, after all he called a governor and his polices who did such "liberal."
 
Maybe he did not come out and say it but it what he implied by his campaign..........

My bad, I believe it was Daewood who said the President Bush was more Liberal then Kerry which is ridiculous.........

Its ancient history now anyhow and we are getting off topic..... :xhoho:
 
I voted no. Privitization of a small portion of social security is a solution to no problem. While there is certianly a problem with social security, the privitization does not address the problem. It is not even close. Nor is it designed to address any problem. It is designed to pump equity markets and polish GDP, no more, no less.

Of course, as part of the "solution", it also gives the US governemtn the ability to borrow a couple trillion more dollars, and to convice americans that this is for their own good. In reality, assuming we can even finance a couple trillion more dollars, which is highly questionable in light of the fact that we have not sold out a bond issue for a long time, the resulting droop int he US dollar as we take on even more debt with no revenue stream for repayment would easily overshadow any positive effect to the economy.
 
I think the entire thing should die a quick, painful death.

It's amazing how republicans who say that are conservative embrace such a socialist measure. Lying scum.
 
You mean all of the republican 527s who had input from Rove, the Whitehouse's chief law officers and other numerous cabinet members? :rolleyes:



Other this his dumb phrase about voting for and aganist the war, name one. PLEASE PLEASE post about voting aganist those weapons. I'd love to drop that hammer on you.

I still find it amusing you are using a term you have no knowledge of whatsoever.
 
Except for a few problems:

1. There is no such thing as a safe investment. Events like 9/11 effected markets across the board adversely
2. Assuming 3% gain yearly, which is about average for low or ultra low risk investments, such accounts would not keep up with CURRENT inflation, much less future infaltionary levels, which will almost certainly be higher than 3% judging from energy costs and dolar trenRAB
3. The borrowing of 2 trillion + dollars (come on, have you ever heard of a feRABeral program that came in under budget), would devalue the dollar to the point that even the 7% return average to moderate risk investment would look good
4. Under the current plan, you can only leave your fund to heirs if you die before retirement age. If you die after 65, it defaults to the government,
5. Under the current plan, if you ever accept any government social security benifits, your private fund defaults tot he government.

So, basically, besides the fact that the plan is a complete crock from the start with no net benifit for the people, it is a great idea. If you happen to own a managed funRAB company (brokerage house), you are in luck, and likely licking your chops at the thought of 6% comissions on all that money (and no, that 6% is not included in the inflationary figures).

The plan gives the ilusion of control over your retirement, when in reality you are not eing given nearly enough money to play with to matter, with the restrictions they are planning to palce on it (ultra safe investments), it will be almost impossible for even the most savvy investor to beat inflation.

It is all another Bush and co shell game.
 
That is the most retarded thing I have ever heard in my entire life.

Put money into a CD now, Why? Why? Why?

The only way you can make money that way is if we have no inflation, or deflation. For a CD to be actually useful, it neeRAB to be at least a year, perferably the 30 month or longer. Getting a 10 year CD during the 80s
was a brilliant action. Getting one now when interest rates are low and inflation has nowhere to go but up? That is the combined idiocy of a thousand fools.

What happens if inflation soars?

You're earining 4% on your CD while oh, let's say a inflation rate of 6% actually makes your money LESS valuable then it originally was.
 
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