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Tell your kids the facts about Bush's social security plan.

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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 05:58 PM
Original message
Tell your kids the facts about Bush's social security plan.
At a certain age or state of ill health, they will either have to pay for separate housing for you or you will be forced to move in with them. Then listen to the screams of horror. }(
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Ivote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 06:00 PM
Response to Original message
1. Tell Them This Also
SS also covers People with disibilitites and life threatening illnesses. MS, Aids, cancer, spinal cord injuries and the list goes on. Also you would be entitled to either Medicaire or Medicaid.
It also covers children up till the age of 18 (21-22 if they go to college) when a parent dies.
While we are on the subject, ask your congressman & Senators why they have not only SS, but FERS (federal Employees Retirement System) COLA increases, Thrift Savings Plans that are matched by the Government and paid for with our tax dollars, not to mention a lucrative health benefits package. What are they willing to forego to see that SS is kept solvent.
How many of our troops that died in this war will now have their families covered by SS. All of them. To take this away from their survivors would be nothing more than Rape.
Save Social Security
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 06:03 PM
Response to Reply #1
3. I know. I know.
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Ezlivin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 06:03 PM
Response to Original message
2. There is nothing wrong with Social Security
It's easy to see that there is nothing "broken" about Social Security.
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-03-05 06:04 PM
Response to Reply #2
4. There will be if Bush gets his way.
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UmpaLumpa Donating Member (7 posts) Send PM | Profile | Ignore Thu Feb-03-05 07:40 PM
Response to Original message
5. While I don't agree with Bush's Social Security plan...
I don't believe its this horrible plan thats gonna end the world that some of you make it out to be.

Some of you all say that its gonna be extremely unstable and not guaranteed, but I have to say that our current plan isn't guaranteed either. As far as being unstable what if they limited the investing to index funds which are proven to be very reliable outpreformers over the long run.



For instance this is taken from here http://www.thereisnocrisis.com/faq


"Why Is Privatizing Social Security A Bad Idea?

Privatizing Social Security defeats the purpose of keeping it safe from the ups and downs of the market. It began almost 80 years ago as a way for Americans to protect themselves from the economic disaster triggered by a stock market crash. Now Wall Street and Conservative Ideologues want to tie it back to the stock market. Does that make any sense?"


Our current plan does not protect us from an "economic disaster triggered by a stock market crash." For example lets say the stock market crashes again.(God forbid) Whats gonna happen? People will get laid off by the masses and low and behold the only funding for Social Security is cut in half if not more. That account will dry out faster than anyone could ever imagine.

The only perfect plan is to not be dependant on Social Security. Take $20 or more out of each check for as long as you work and stash it somewhere and forget it, whether you stash it in a bank or a safe you keep at your house. I think if we modify our current plan we will be better off compared to Bush's plan but if they end up passing it, its not gonna be the end of the world





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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-05 05:39 AM
Response to Reply #5
6. Respectfully.
There is a large percentage of the world who cannot afford to put back even as little as $5 per check, let alone $20. That is a fact.

You can find them in a lot of places. They are the adults working at the fast food restaurants, certain grocery stores, store cashiers to name but a few.
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