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PHIL LOSSIFER
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Ain't about t'waste time wit' present administration, but they scare me! Spreadin' freedom throughout the world is fine, 'cept like in Iraq an' with the Taliban there is always a hard maple block in the woodpile y'cain't split. Iraq Muslims have declared democracy an infidel-type thing, t'be destroyed! Freedom depends on which end of the gun yer on, who's holdin' the trigger end. Terror is a method t' control people's minds, yer'll always have those creatin' it, sometimes, with devious methods in mind. No sense belaborin' this point since we've more'n 'nuff terrorism goin' on right here.
Been readin' 'bout Bush's Social Security plans from many sources. Boils down to it's a way t'force 401(k) plans on ever'one. Small problem here, when plan goes belly up, will people who've saved this money survive their old age. Quite frankly they won't! Many touts tellin' yer t'bet money on a dead horse at the track. Unless they set up somethin' like a 401(k), with payouts only when people retire, people'll dive inta the money first chance the whisky bottle goes dry. People might own somethin', but mosta us, like m'self, ain't inta playin' the stock market day in an' day out. One pundit suggested our social security money be invested in stock market, period. That rate would beat present rate govmint's payin' when they borry our money. Asides, exactly how much money, real money, is in Social Security accounts. Govmint borrys money, when does it git put back? No one has answered that'n fer me. If China an' Japan call in their chits Social Security'll be down the tubes anyway. Y'might object, but knowin' govmint like I do, they'll say it's yer patriotic duty.
There's a lotta people not payin': One is illegal immigrants, employers usin' 'em, an' people workin' offa the clock. This is a sure thing, if govmint shut down underground economy it'd shut down the country right quick (t' say nothin' of income taxes lost). It's a con game, where Congress ain't about t' control spendin', nor prevent underground economy from operatin'. Not that y'could anyway. High income people don't hafta pay beyond a certain amount. Richies git t'keep money now, retire on golden parachutes an' git social security t'boot. Mebbe there should be an income level where they don't git it, ever think o'that?
Whatever goes on with the above, look fer the money. Financial institutions'll benefit most by chargin' maintenance fees. Stock market ups an' downs will affect final payout! Plain fact most people havin' govmint private accounts won't benefit much unless private accounts have restrictions preventin' it's dilution. There'll be many vultures at the feedin' trough!
Would likta say 'nuff sed on this'n but people should be wary of our govmint as it presently exists. Poor will git the short shrift, weathly'll win out. Keep informed, it's your money an' retirement they're playin' with!!!!!
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