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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (33850)4/30/2005 4:34:36 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 90947
 
How do you like a bankrupt SS fund?

WTF is with you people? Do you realize that if you worked, say, 35 years and 12 1/2% (the current SS rate, 1/2 each from employer and employee) was put into an IRA or 401(k), you made an average salary, and just invested the money in gov't guaranteed bank CDs, you'd have several million at least at retirement in current dollars and could earn $100,000 or more a year on that in interest alone (not treating the sum as an annuity)? And you can push the robbery your gov't has foisted on you? You fool!
You've been robbed and don't even realize it!