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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (173787)	8/14/2003 3:25:12 PM
From: tejek	Read Replies (1) \| Respond to of 1574122

Ted, There is a definite need for real wealth redistribution in this nation. Then let's be honest with ourselves. Social Security is welfare for the elderly. It isn't a program where the government takes part of your paycheck, saves it for you, then gives it back to you when you retire, despite what the schools teach. I wouldn't say its welfare. I think its like Mulholland Drive describes it.......part of a three party package. By the way, I wonder how much Social Security Bill Gates is going to receive when he retires. Or all the Baby Boomers who have strong and well-diversified 401k plans to live off of. I have no idea. I don't understand how SS works and who is eligible to get it. ted

To: Tenchusatsu who wrote (173787)	8/14/2003 4:41:04 PM
From: TGPTNDR	Read Replies (4) \| Respond to of 1574122

Tenchusatsu, Re: Social Security is welfare for the elderly. Being an elderly, I'd like to see a return from the money taxed from me to SS equal to what I'd have gotten in free market investments. ( Which has seen the Dow Industrials go from 500 to 9000. ) I doubt the government has done as well with the money they taxed away from me. Being a callow ;-) youth, you'd be a fool to not vote against all attempts to promulgate the SS system. And, in my pity for future generations, I'd vote with you. SS is just another money grab and way to increase itself, by the Govt., IMO. I wish there'd been Roth IRAs around when I started working. But, I doubt they'll be 'tax free' when you retire. -tgp