SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Truth about Waco -- Ignore unavailable to you. Want to Upgrade?


To: chalu2 who wrote (334)9/2/1999 9:23:00 AM
From: MikeH  Read Replies (1) | Respond to of 1449
 
<Maybe you would happily support elderly relatives; most people would consider this a nightmare>

Ok, I have a simple solution then.

Let me set up a family trust to pay for my parents retirement. In doing this, I should be allowed to opt out of the federal social security system.
You can even force me and my employer to put 7.65% into this trust, and when my folks finally die, the money rolls into the trust my children are paying into for me!

You're right, I don't mind paying for my parents retirement. They raised me, taught me that "all men are created equal, it's what you do after birth that matters!"

If an individual is not able to save for retirement, it is for one of two reasons. Sloth or stupidity. Sloth is no excuse, not in the country of opportunity. And stupidity isn't much of an excuse either.

I have one client that is dumb as a box of hair, but he has still managed to accumulate a fortune, by running a junk yard. He gets scrap cars for $50 off people, and part them out for several hundred. He started by taking parts out of abandoned wrecks during the 70's and selling them to parts shops. He is successful only because he works hard, long hours.



To: chalu2 who wrote (334)9/2/1999 12:02:00 PM
From: Gordon A. Langston  Respond to of 1449
 
Chalu

These attacks on Social Security are pure repulsive greed, especially coming as they do during the most affluent era any
nation has ever seen. Yes, the government is taking your money to help the old. It wouldn't be needed if people in general
were so marvelously compassionate and caring. They're not. You want to find heartless, craven and paranoid Americans,
you'll have no trouble at all. Just read this thread.


We'll probably never know if this nation would be compassionate and caring for their own, but they certainly seem to step up to the plate in areas such as rebuilding Europe, natural disasters etc. 60+ years of paying for social programs has nearly insured the demise of the underlying family structure. In other words the responsibility has been co-opted by government and they've used it to further divide us and make us seem weak and unable to care for our own. Again we come to a possibly stupid action by bureaucrats in government that is not essentially evil but has turned out to have some unseen consequences that cause us to look heartless, craven and paranoid.

Gordon