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

To: DuckTapeSunroof who wrote (665801)	12/21/2004 4:22:16 PM
From: JDN	Read Replies (1) \| Respond to of 769670

One way to force the govt OFF THE DIME would be to IMMEDIATELY require all current SS monies paid in to PAY FOR IN CASH for treasury bonds thus eliminating current receipts from the general fund. THEN we would lock in the existing govt DEBT which is UNSECURED by anything other then an IOU from one pocket to the other. Then slash all spending enough of a percentage to offsett the current cost of paying current retirees. Incidentally, regarding privatization, for those opposed, can you explain why FEDERAL govt employees get PRIVATE PLANS and are EXEMPT from SS? jdn

To: DuckTapeSunroof who wrote (665801)	12/21/2004 5:15:56 PM
From: Wayners	Read Replies (1) \| Respond to of 769670

One other thing, watch to make sure that the tax increases gradually kick in..we don't want a giant SS surplus now that will simply be sPent on worthless junk by the Feds. The tax increases should mirror the growth in the number of retirees. NO WINDFALL TO THE FEDS FOR INCREASED SS TAXES! I wish the Fed bought valuable things like the Louisiana Purchase these days rather than useless paper studies at millions of dollars a pop.

To: DuckTapeSunroof who wrote (665801)	12/22/2004 12:21:20 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 769670

Absolutely right.The government should not pick winners. Every American must pay taxes. There should be no exception for the 49% that currently do not pay. If we are going to reduce government, the only way to sell it is for everyone to have a stake in it. Thanks for the point. BTW - People who trade stock do not qualify for the capital gains exclusion. Only investors qualify. Taxing capital formation is the surest way to stop any economic growth.