Toddsterpatriot
Diamond Member
They wanted to go to 70
Ok.
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They wanted to go to 70
Whatever the Plan Administrators deem appropriate, I would think.It's time to isolate Social Security retirement funds into their own revenue stream Treasury account and keep them there, untouched, except for Social Security -related transactions.
What will these funds be invested in?
Whatever the Plan Administrators deem appropriate, I would think.
But any investment accounts are tied exclusively back to the Social Security Retirement Master Treasury Account.
Nothing going out to the marketplace but funds from that Master Account.
Nothing coming back in from the marketplace except for investment account proceeds.
Translation: No commingled funds.
I dunno. What kind of portfolios do 401(k) fund-managers invest in? Pick one. Or ten dozen.Whatever the Plan Administrators deem appropriate, I would think.
For example?
I dunno. What kind of portfolios do 401(k) fund-managers invest in? Pick one. Or ten dozen.
You want to invest Social Security funds in the stock/bond market?
Rep Rick Allen (R-GA) wants people who work at least 5 days a week, 8 hours a day to work past age 67 so republicans can cut social security. Allen is the 12th richest person in congress…worth $52 MILLION in 2018.
When you look at history this is exactly what the rich want and why they want to get rid of the safetynet. They want wage slaves to use until they drop dead. The rich are the elite that you should all be concern of. How the fuck could a poor person ever support going back to these times is beyond me.The republican party is the party of the rich and turning everyone that isn't rich into the slaves of the rich.
Of course they want to force the old and disabled to be slaves. Sick people.
1. No action means SS pays 70% of owed benefits. Bad, but not zero.Horseshit and babble. We get screwed no matter what you do to it.