what do you think about proposed social security reform

i actually agree with bush on this one (i surprised myself, i checked my temperature to make sure i was feeling alright :) ). all is being proposed is the option for people to set up personal retirement accounts, its not forceing people into them, those that dont want them can remain paying into the current program. i know theres a bunch of debate about actually when social security will be bankrupt but i consider that to have little to do with the propsed the reform, the reform propsosals and my understanding about it is about choice, and im always in favor of choice. i personally wont want a personal retirement account, id prefer to pay in to the current system cause i dont want to gamble my retirement in the stock market, but just cause i dont want to doesnt mean those who do shouldnt have the option to.

anyone elses opinion?

it would be truly private if i was allowed to keep the money (get rid of social security) and do what i want with it.

i'm always skeptical when big government creates a problem, then offers a solution.

http://www.house.gov/paul/tst/tst2005/tst012405.htm

"The administration speaks of private accounts, but government-managed investment of Social Security funds is not privatization at all. True capitalism by definition operates without government interference, and we should oppose further government involvement in the financial markets."

http://www.house.gov/paul/tst/tst2004/tst110804.htm

social security it a tax, that's it. the money isn't put aside for your future, it's spent.

:mad: i think it SUCKS!!

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Originally Posted by moomoo

:mad: i think it SUCKS!!

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thats so articulate i may reconsider my opinion, not really, lol

sorry!

if you don't like it don't try it.that's the great part of it.you don't have to do it.and it dosen't affect anyone 55 or older.but i bet you will want in when i start making alot more $$$!it does cost alot of money though,better now then never.