papau
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Fri Feb-04-05 06:25 PM
Response to Original message |
| 4. Bush lies-He gives nothing to heirs after you start taking monthly payment |
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Edited on Fri Feb-04-05 06:27 PM by papau
If you were lucky and your account when you retire is greater than your individual account deposits, compounded at 3% per year, so that after subtracting from your account the deposits increased by 3% annually leaves you with a small amount of money, THAT MONEY THAT LEFT AFTER THE SUBTRACTION AND ONLY THAT MONEY is yours to play with.
However currently you have a very large insurance policy under Social Security that provides survivor benefits to your wife and kids.
Under Bush that is cut back and replaced with a return of your private account funds if you die before you retire - as in YOU ARE SCREWED because You just traded part of the survivor benefit for pennies on the dollar to get a small private account passed onto your heirs.
After shaking hands with a member of the Bush family, count to see if you still have 5 fingers and any rings you may have started out with.
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| -*:'When you die, why shouldn't your heirs get your Social Security |
AirAmFan |
Feb-04-05 06:13 PM |
#0 |
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I think that premise of Social Security is;one for all and all for |
MichiganVote |
Feb-04-05 06:15 PM |
#1 |
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When Bush Dies, I Will Applaud |
CO Liberal |
Feb-04-05 06:17 PM |
#2 |
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If I outlive him, I will make a pilgrimage. |
DemoTex |
Feb-04-05 08:32 PM |
#23 |
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Because they will get their's when they retire |
LiberalFighter |
Feb-04-05 06:22 PM |
#3 |
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Bingo! |
independentchristian |
Feb-04-05 07:02 PM |
#14 |
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Bush lies-He gives nothing to heirs after you start taking monthly payment |
papau |
Feb-04-05 06:25 PM |
#4 |
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I thought the idea was to help ALL |
NC_Nurse |
Feb-04-05 06:25 PM |
#5 |
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I paid in the maximum for thirty seven years. |
EST |
Feb-04-05 06:33 PM |
#6 |
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Thank you--a very powerful response. It could be the basis for |
AirAmFan |
Feb-04-05 06:48 PM |
#8 |
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If Bush's plan goes into effect 40% of everyone's contributions |
Robbien |
Feb-04-05 06:57 PM |
#11 |
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ok fine whatever |
AmandaRuth |
Feb-04-05 06:45 PM |
#7 |
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Life is for the Living... This isn't some Crap shoot, this is life. |
Chicago Democrat |
Feb-04-05 06:50 PM |
#9 |
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Your surviving spouse does get benefits -- Laura |
DemBones DemBones |
Feb-04-05 06:52 PM |
#10 |
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They're cutting out the widow's benefit? |
genius |
Feb-04-05 06:59 PM |
#12 |
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Because Social Security is an insurance program, not a retirement program. |
flpoljunkie |
Feb-04-05 06:59 PM |
#13 |
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SS was not only solvent, but running an improving, |
EST |
Feb-04-05 07:48 PM |
#17 |
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Funny how our death is so proeminent in all BFEE plans - whether |
robbedvoter |
Feb-04-05 07:08 PM |
#15 |
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using the same logic, should I be able to pick and choose ... |
Lisa |
Feb-04-05 07:45 PM |
#16 |
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Well said. n/t |
EST |
Feb-04-05 07:50 PM |
#18 |
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Agreed. nt |
DemBones DemBones |
Feb-04-05 07:53 PM |
#19 |
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Thanks--Valuable and eloquent. I'd never heard of Tommy Douglas |
AirAmFan |
Feb-04-05 07:59 PM |
#20 |
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some more about Douglas's work |
Lisa |
Feb-04-05 08:08 PM |
#21 |
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Thanks! South of your border, we'd say that Douglas was your |
AirAmFan |
Feb-04-05 08:27 PM |
#22 |
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well, Saskatchewan had Colin Thatcher and Grant Devine ... |
Lisa |
Feb-04-05 08:45 PM |
#24 |
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When my dad died I did get his Social Security |
dflprincess |
Feb-04-05 09:08 PM |
#25 |
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because the government NEEDS the money for WAR! n/t |
lonestarnot |
Feb-04-05 09:14 PM |
#26 |
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This is really about replacing the Baby Boomer $ in the stock market |
Capn Sunshine |
Feb-04-05 09:22 PM |
#27 |
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