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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (611930)	8/27/2004 1:00:28 PM
From: Emile Vidrine	Respond to of 769670

"My benefits are totally secure because the program is currently running a huge surplus" With the Bush deficits continuing for another four years, if Bush is reelected, all of the surplus will be borrowed to pay for the deficit. When the aid to Israel constantly increasing, and with Sharon demanding that Bush invade Iran and Syria, you can count on multiple years of huge deficits. These deficits will make it impossible for the Feds to ever redeem the bonds issued to the SS Trust Fund.

To: Kenneth E. Phillipps who wrote (611930)	8/27/2004 1:04:37 PM
From: Wayners	Respond to of 769670

I'm 30 years from retirement and according to the SS tables, if I didn't pay in another dime, I'd still get the max rate. Those that can say live off of trading the stock market, don't have to pay social security taxes on their capital gains. If I can derive an income off of capital gains, dividends and interest...then I collect SS in theory and don't have to pay anything else in. Thats the ideal goal. Next the Govt is going to claim that SS was never a safe investment program for their money in Govt bonds...instead it was really an insurance program. So if you don't need your investment money back, uh you don't get it back.