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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (100831)6/19/2007 12:40:55 PM
From: Peter O'Brien  Respond to of 173976
 
Bush proposed "choice", which is better than mindlessly
locking-in historically low long-term yields!

I'm sure that, in addition to stocks, the "choices" for your
individual Social Security account would have included a
money-market or short-term bond fund (not unlike a CD),
which is similar to what 401K plans offer.



To: Lizzie Tudor who wrote (100831)6/19/2007 12:45:51 PM
From: Peter O'Brien  Read Replies (1) | Respond to of 173976
 
Bush also proposed "ownership".

Believe it or not, you currently have NO LEGAL RIGHT
to receive any Social Security benefits in return for
all of the contributions that you have made during
your working career!

This was decided by the Supreme Court in 1960:
ssa.gov


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