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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (180288)	1/19/2006 3:03:12 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 281500

"Most folks would invest the proceeds in the lottery. If i am right, we will end up being responsibe for those folks who misinvest and we would be back at square 1." Many people would use their retirement proceeds ot finance an alcohol or other mind alteration binge. We have an impending crisis, We need a solution to push forward the crisis for another twenty years. Avoiding the problem is a tax on future Americans. It might be on our children, OR they might refuse the bill when presented it. Then today's workers will have the retirement they deserve. Seniors would be living on their savings with their actual tax "contributions" annuitized. Social security payments would be lower in twenty years than they are today, but people who planned and saved would be ok.