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If Bush had been able to privatize Social Security, wouldn't all the grandmothers be starving now?
12-13-2012, 08:10 PM
Post: #15
smsmith500 Offline
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the Bush Bill would have put a small percentage of the fund into private retirement accounts, It would have been a voluntary plan. In other words a person could chose to divert part of the money into a retirement account or a 401K plan..
What is interesting is that the main objection to the idea came from democrats that liked controlling the fund and hated the idea that the people would have direct control of their retirement funds.
Considering the fact that SSI is in deep trouble and it might not be around very long. I would rather have the money in an IRA or 401K plan.But i hear the democrats are working on a way to steal money from them too.
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Messages In This Thread
[] - . Smith - 12-13-2012, 08:10 PM
[] - relievedcreature629 - 12-13-2012, 08:10 PM
[] - 53 Percenter - 12-13-2012, 08:10 PM
[] - BruceN - 12-13-2012, 08:10 PM
[] - Whiskey - 12-13-2012, 08:10 PM
[] - robzuc97 - 12-13-2012, 08:10 PM
[] - Funloving - 12-13-2012, 08:10 PM
[] - Barry Chameleon - 12-13-2012, 08:10 PM
[] - Hugh Jassle - 12-13-2012, 08:10 PM
[] - Jim - 12-13-2012, 08:10 PM
[] - Reason Enforcer - 12-13-2012, 08:10 PM
[] - Torgo - 12-13-2012, 08:10 PM
[] - BekindtoAnimals22 - 12-13-2012, 08:10 PM
[] - smsmith500 - 12-13-2012 08:10 PM
[] - Damon Lyon - 12-13-2012, 08:10 PM
[] - Stuart - 12-13-2012, 08:10 PM
[] - . - 12-13-2012, 08:10 PM

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