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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (19092)12/13/1998 7:12:00 PM
From: Ish  Respond to of 67261
 
<<Ish, I dont know how old you are but unless you are a member of GenX or the latter part of the baby boom as I understand it you will receive a nice annual return on the money you put into SS. I even read one study that indicated that recipients today and for the next 10 years or so recieve 1000% on their money in some cases >>

Well ain't Ish gonna be rich? I have paid in $80,000 being self employed all my life, and the interest @ 5% should be another $60,000. Now for those of you in California that is $140,000 I have coming back from the feds. I qualify for SS [if they don't change the rules again] in 2015. The rules say I get taxed on 85% of the payback of MY money but if the system folds in 2013 I am royally screwed out of $140,000 plus interest and another $60,000 I will pay in. Now where do I collect my 1,000%? Money back? I don't even dream of that. Just quit screwing me.

<<Newt was all over the soundbyte "saving social security" >>

As was your boy Clinton who is still promoting the idea. Newt wanted to save SS and he is the meanest man alive, Slick chants about doing the same thing and he is a fucking hero. Hello? Common sense here?



To: Lizzie Tudor who wrote (19092)12/13/1998 8:27:00 PM
From: Les H  Respond to of 67261
 
They're also trying to close a loophole for recent immigrants. Since SS takes an average of your working years, if you're a recently arrived doctor making a goodly salary and contribute for 10 years you make out like a bandit since they don't count the years you work overseas against your average. It was in this month's Economist.