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Reply #8: Actually, It's A Bizzarro World "Loan" [View All]

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Beetwasher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 10:37 AM
Response to Reply #6
8. Actually, It's A Bizzarro World "Loan"
It's really demented. YOU loan the gov't money, that it invests and then the gov't gets to keep the interest up to 3%. They DON'T pay back the money you are loaning them, ONLY the interest OVER 3%...It's a loan FROM YOU TO THE GOV'T. A loan THAT NEVER GETS PAID BACK IN FULL.
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  -Bush SS Plan=BIGGEST TAX HIKE IN HISTORY!!!! 80% OF YOUR MONEY Beetwasher  Feb-03-05 10:27 AM   #0 
  - I still don't understand this  Stephanie   Feb-03-05 10:30 AM   #1 
  - There's Nothing To Understand, It's A SCAM  Beetwasher   Feb-03-05 10:32 AM   #4 
  - it's becuase they only give you market performance above 3%  cthrumatrix   Feb-03-05 10:32 AM   #5 
  - It is not "ownership" - you get a loan at 3% - if you make more  papau   Feb-03-05 10:35 AM   #7 
     - But it's A Loan FROM YOU to the Gov't!  Beetwasher   Feb-03-05 10:39 AM   #9 
     - I am paying my money into the account  Stephanie   Feb-03-05 10:55 AM   #20 
        - becuase they are "saying" the principal +3% return is NOT yours  cthrumatrix   Feb-03-05 10:58 AM   #24 
        - How much of the $ I put into SS do I get back?  Stephanie   Feb-03-05 11:00 AM   #26 
           - W SS Now, You DEFINITELY Get More Than That  Beetwasher   Feb-03-05 11:12 AM   #27 
              - This is unbelievable!  Stephanie   Feb-03-05 11:22 AM   #28 
                 - Keep in Mind, A 4% Annual Return is GENEROUS!!!  Beetwasher   Feb-03-05 11:32 AM   #29 
                 - privatization is not 100% of your soc sec....nobody has said what %  cthrumatrix   Feb-03-05 11:56 AM   #31 
                    - True BUT  Beetwasher   Feb-03-05 12:07 PM   #32 
                       - I agree..... WTF is the MSM on this "glaring lie" in the SOTU...!!!!!!!!!!  cthrumatrix   Feb-03-05 12:15 PM   #33 
                          - I Know, It's Frustrating  Beetwasher   Feb-03-05 12:30 PM   #34 
        - I'm Not Sure Why Some People Are Calling It A Loan  Beetwasher   Feb-03-05 11:00 AM   #25 
  - BINGO...and if it doesn't pass...look for a VAT.  cthrumatrix   Feb-03-05 10:30 AM   #2 
  - And if it increases 3% or less, it is a 100% per cent tax - you lose it  drscm   Feb-03-05 10:31 AM   #3 
  - that's correct...this is why they are calling it a loan.... (on your $$$$)  cthrumatrix   Feb-03-05 10:33 AM   #6 
     - Actually, It's A Bizzarro World "Loan"  Beetwasher   Feb-03-05 10:37 AM   #8 
        - only if you lived 150 years and your lifetime annuity paid more  cthrumatrix   Feb-03-05 10:42 AM   #11 
        - I Know, It's Hard For Me To Comprehend How Brazen They Are  Beetwasher   Feb-03-05 10:44 AM   #12 
           - it's a bait and switch program .... IF WE can see it's ludicrous then it  cthrumatrix   Feb-03-05 10:46 AM   #13 
        - It's the MBA Presidents MO. He gets his by stealing yours. Hello?!!  elehhhhna   Feb-03-05 10:47 AM   #14 
  - Basically, that's the whole idea...  kentuck   Feb-03-05 10:40 AM   #10 
  - I say let's make those big companies pay and pay and pay.  bearfan454   Feb-03-05 10:56 AM   #21 
  - Another part they're not touching is the FEES!  Norquist Nemesis   Feb-03-05 10:47 AM   #15 
  - Correct, They Haven't Even TOUCHED The Fees Yet  Beetwasher   Feb-03-05 10:49 AM   #17 
  - If this is what he is trying to put over he should be removed from office  CindyDale   Feb-03-05 10:48 AM   #16 
  - If????  Beetwasher   Feb-03-05 10:50 AM   #18 
  - They don't end up in jail, at least not for very long.  JHB   Feb-03-05 11:36 AM   #30 
  - Let the sheeple that voted for him invest their money in it  bearfan454   Feb-03-05 10:54 AM   #19 
  - OK, then I have just four words to say  CindyDale   Feb-03-05 10:56 AM   #22 
  - OUTSTANDING FRAME!  Walt Starr   Feb-03-05 10:56 AM   #23 
     - I needed to see that, Walt.  ninkasi   Feb-03-05 12:41 PM   #35 
 

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