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1 Political Atheist  Thu, Jul 21, 2011 6:18:08pm

I agree in full. (Try not to faint!) :-)

2 mikiesmoky2  Thu, Jul 21, 2011 7:02:26pm

re: #1 Rightwingconspirator

I agree in full. (Try not to faint!) :-)

As I fell off my chair, I hit my head and now have a throbbing headache!!
Uh, oh! There’s some blood dripping!!
Next time…., warn me, when you make such a statement!!!

By the way, if this were done, in all probability, each employee might have a fully funded account which could be inluded in his or her estate, rather than dissipate into the ether, upon death.

And…., it is further possible that the rate assessed could be reduced and or the age of retirement not be increased to 88 or whatever.

Sadly, if our leadership took the simple, equitable, and correct actions, as described, the wealthy who make their money on the backs of workers, who would prefer to not pay a modicum of a retirement to those workers who put in 40-45 participating the the Nation’s workforce, would have less to leave their heirs.

How very, very sad, indeed.

Remember…., next time, warn me of such a shocking remark.
Somebody, please…, got a towel?

Thank you,

mz
(tongue in cheek! lol)

3 EiMitch  Thu, Jul 21, 2011 9:08:09pm

Uh, one more small detail that must addressed. And its a big one:

Slush funds, as we know them, must be ended. Instead of spending surplus SS funds, as has happened since the dawn of the program, that money should be invested in something that pays returns.

For example: the next time a corporation has to be bailed out, make that bailout in the form of a bond. Put the interest from that bond into SS. Or save it in a (carefully chosen) bank.

The point its: put some money away for a rainy day to give the social safety net its own safety net.

Its now safe to slap me for mixing metaphors.

4 mikiesmoky2  Thu, Jul 21, 2011 10:24:08pm

re: #3 EiMitch

Uh, one more small detail that must addressed. And its a big one:

Slush funds, as we know them, must be ended. Instead of spending surplus SS funds, as has happened since the dawn of the program, that money should be invested in something that pays returns.

For example: the next time a corporation has to be bailed out, make that bailout in the form of a bond. Put the interest from that bond into SS. Or save it in a (carefully chosen) bank.

The point its: put some money away for a rainy day to give the social safety net its own safety net.

Its now safe to slap me for mixing metaphors.

Excellent thoughts.
I have had the same thoughts for a long time.
The managers of the fund should have some latitude to invest in higher yielding situations with, of course, great fiduciary care.

Further, some of the payouts should be reviewed for appropriateness. This should be for retirement payments, only.
Other payments, while worthy, should be made from the general fund.

Thankx,

mz


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