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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.16+0.2%Dec 26 9:30 AM EST
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To: Victor Lazlo who wrote (60094)6/29/2002 12:38:52 AM
From: Lizzie Tudor  Read Replies (2) of 77400
 
But the problem I have is that by doing the above, Dave could be taking SS retirment benefits away from his own parents. It's a direct transfer of money to those getting the benefits. I think SS is a big mess but do I want all my Dad and my other retired relatives and friends' parents to lose their benefits? no.

And if your parents are needy then by all means they should be supported. Unfortunately many demographic surveys show that the elderly retirees are the wealthiest group in the nation. Certainly more well-off than most 20-somethings. In fact, it is children under the age of 10 who are least likely to have health insurance in this country. Do you hide your head in your pillow for them? Probably not, because they don't make as much noise as the AARP.

Anyway to your's and Jerome's point... yes SS is needed, for those who need it. And therein lies the rub. Right now its a reverse robin hood entitlement program out of control. And I see tonight yet more pandering to this group with that drug program, which passed the house. This is not leadership we are seeing from politicians, republicans or democrats. At least the republicans seem to have a tinge of fiscal responsibility when it comes to the seniors, so they are the better of the two evils I guess.
Lizzie
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