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Politics : Politics for Pros- moderated

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To: Brumar89 who wrote (349896)2/21/2010 12:01:14 PM
From: D. Long3 Recommendations  Read Replies (4) of 793959
 
by requiring that all Americans "invest" 5% of their income into guarranteed retirement account that would be run by the Social Security Administration instead of private 401(k) accounts and IRAs

OR... require all Americans to set aside 5% in a payroll tax into a private 401(k) or IRA! How about that? It's a money grab. The guvmint is looking for another money source from us they can give IOU's for, and another thing to break the treasury in a few decades when the IOU's come due. Don't they learn? Is it something in the water in DC?
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