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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (84936)	11/6/2000 9:24:59 PM
From: Skeeter Bug	Read Replies (1) of 132070

what i'm saying is that they steal the power of compounding interest over 40 years. multiply that by 15% of one's income (unless one is in congress!) and you are talking REAL money. yes, the govt can, and does, literally lose 75% of ss and nobody benefitted excepyt those who received a free check after not contributing. those folks are almost gone and we're left w/ the wreckage. why don't you sit on your money? you understand the power of compounding over even short periods.

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