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To: steve harris who wrote (215076)	8/8/2007 9:10:02 PM
From: Nadine Carroll	Read Replies (2) \| Respond to of 793917

I am young and I expect SS to be failed in 20 years. Put yourself in the shoes of an American politician at any point in time from now to 50 years from now. Think how you are going to explain that you are about to "fail SS" and what is going to happen to your political career afterwards. That is why I expect the system to be maintained with at most nibbling around the edges, come hell or high water.

To: steve harris who wrote (215076)	8/9/2007 7:30:34 AM
From: JDN	Read Replies (2) \| Respond to of 793917

Yes, it is a PONZI scheme first caused by Pres. Johnson for his GUNS AND BUTTER programs. However, because the US controls the mint, I dont think you will not receive your SS, the question is WHAT WILL IT BE WORTH? Had people supported Pres. Bush's attempts to begin PRIVATIZATION of YOUR ss payments YOU would have owned your account in YOUR name and it would have grown along with inflation. I am retired now and receiving my SS (yours (gg))but FOR THE LIFE OF ME I cannot understand how any of you young people didnt SCREAM for PRIVATIZATION. jdn

To: steve harris who wrote (215076)	8/10/2007 1:35:15 AM
From: KLP	Read Replies (1) \| Respond to of 793917

You can thank FDR and 40 years of Dem control for SS....Here's a link for a brief overview... Social Security in the United States is a social insurance program funded through dedicated payroll taxes called FICA (Federal Insurance Contributions Act). Tax deposits are formally entrusted to [3]Federal Old-Age and Survivors Insurance Trust Fund, or Federal Disability Insurance Trust Fund, Federal Hospital Insurance Trust Fund or the Federal Supplementary Medical Insurance Trust Fund. The main part of the program is sometimes abbreviated (OASDI), in reference to its three beneficiaries (OA for retirement, S for widows and survivors income, D for the disabled, and I for insurance). When initially signed into law by President Franklin D. Roosevelt in 1935, the term Social Security covered unemployment insurance as well. The term, in everyday speech, is used only to refer to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. In 2004 the U.S. Social Security system paid out almost $500 billion in benefits.[4] By dollars paid, the U.S. Social Security program is the largest government program in the world. More>>>>>>>>> en.wikipedia.org