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Politics : American Presidential Politics and foreign affairs

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To: RMF who wrote (63930)4/6/2013 9:52:21 AM
From: LLCF  Read Replies (1) of 71588
 
DAK.....you have to realize that Social Security IS kind of a welfare program.>

It's certainly not a "give away".

<People don't actually pay in as much as they take out.>

Well I HOPE NOT! That wouldn't be fair would it??

<IF they had actually SEPARATED it and made it a self contained investment fund then it could have been self perpetuating and we wouldn't have to worry about it.>

Sounds like a good comprimise to me :))

<But politicians saw all that CASH and they had to raid it to get more votes for themselves.>

Yea, and they tried to grab the last bit and toss it into the stock market. Greenspan and Bernanke pretty much bankrupted the whole thing... as well as causing anyone in debt (including governments of course) to WAY underestimate future liabilities. In another day and time they would be falling on their swords in a few years.

DAK
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