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With the stock market crash, isn't it a good thing we didn't privatize Social Security?
10-12-2012, 09:37 AM
Post: #21
 
no because everything we see and touch depends on the Stock Market
if you lose your base of credit~then you have no future
Social Security is failing and so is Medicair and Medicaid
it won't take many more years and they are going broke
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10-12-2012, 09:37 AM
Post: #22
 
Considering the Gov. just spent the last of the funds and borrowed a trillion more just for this year, I dare say the SS. Funds are all, long gone.


But hey you still got your $7.00 a week coming, if you have a job.
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10-12-2012, 09:37 AM
Post: #23
 
Depends on how you look at it.
1. We had a simular run until about 1980, the dow was at 800 then. If the Dow is at 8000 today, and if it is 80,000 in 30 years.
2. If taxes run lower Social Security will loose just as much as this market drop!
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10-12-2012, 09:37 AM
Post: #24
 
Hell yes. When he was talking about that crap, I looked at the young adults in this country and shivered. I was very afraid of what they were going to do with my generations money. Ohh, scary! lol
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10-12-2012, 09:37 AM
Post: #25
 
Wrong. I would have seen the down slide happening and I would have been able to move my 30% growth stock into bonds before the market dropped. Similar to what I did with my 401K plan.
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10-12-2012, 09:37 AM
Post: #26
 
Since the Democrats destroyed the Stock Market to get Socialism who really cares.
If you think Social Security will be there and you are under the age of 40 you must be joking anyway.
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10-12-2012, 09:37 AM
Post: #27
 
what difference does it make,there is no social security trust fund,it is a budget item,actually if investment would have been in it,the stock market might not have dropped. only difference would have been the government wouldn't have had it's cut. but make no mistake,there is no money in social security it was spent in the 60's to create Johnson's new society since then taxpayers pick up the bill every year for social security
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