Herman Cain's Social Security Plan - Chilean Way

Discussion in 'Politics' started by GHook93, Oct 7, 2011.

  1. GHook93
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    GHook93 Aristotle

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    Chile is the only country in Latin America can is a 1st world nation (Brazil is close). Chile was the FIRST country to create a social security system, therefore, they were the first to see it go bankrupt. Back in 1981 they had a genius idea and it not only saved their system, but actually created 10x more money for retirees at retirement. IT'S THE BEST SYSTEM IN THE WORLD!!! So much so countries around the world have been lining up to copy it!!!

    My man Herman Cain is one of those people that KNOWS America must do this also! Liberals are slandering him for his, but they have NO IDEA what it is!

    Attached is a PDF on the Chilean Social Security System - the best in the world! See the Liberal tribunes assessment of it! Cain knocks another one out of the park, along with his 9-9-9 plan.

    http://www.ssa.gov/policy/docs/ssb/v59n3/v59n3p45.pdf

     
  2. The T
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    The T George S. Patton Party Supporting Member

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  3. GHook93
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    GHook93 Aristotle

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  4. The T
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    The T George S. Patton Party Supporting Member

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    You Bet. [​IMG]
     
  5. GHook93
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    GHook93 Aristotle

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    ...they attack Cain saying he wants to end social security, but when you tell them his plan, they cower to a counter and say nothing!

    It's like the goose and rdean ignoring every IL thread and the Chicago Democrat Corruption machine fucking the hard working workers in IL!
     
  6. NYcarbineer
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    NYcarbineer Diamond Member

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    Mandating 10% of your salary go into investing? Wouldn't that be the government requiring you to buy a product or service from a private company? Wasn't that the beef about the healthcare mandate?
     
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  7. WatertheTree
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    WatertheTree Senior Member

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    Doesnt this really mean ending social security and then leaving people with no option but to invest in the stock/debt market. Which is really just a corrupt ponzi scheme? Would probably serve as a boost to stocks, untill the next greedy asshole steals all the money.

    I say if we cant fix social security then just end government in the retirement business. Why is our government even in this debate. Let the people choose the best way for them to take care of themselves.

    If we just reserved social security for the most needy we could cut the tax payments in half and still operate at a surplus. But no, even well to do people think they are entitled to the nanny state.
     
  8. WatertheTree
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    WatertheTree Senior Member

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    Its a different story if your giving money to wall street. That sums up the state of the government though, force the population to give 10% of there money to wall street to force a false boost in stock prices so the executives can rip us all off agian.

    Yea Cain, thats what we want to do. Instead of letting wall street rape the greedy who choose risky investments, lets get the whole country involved with the ponzi scheme.
     
  9. editec
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    editec Mr. Forgot-it-All

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    Waterthe Tree opines:
    Bingo!
     
  10. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    First of all, you clearly know dick about the stock market because it is nothing close to a Ponzi scheme, but by all means, keep living in ignorance.

    As for the rest of what you said, I am in agreement, the government shouldn't be involved in the retirement business, but the American people clearly support the longevity of Social Security by a significant margin. That being the case, we may as well improve upon it and adopting a Chilean like plan or the one similar to Galveston, TX would be a huge step forward. The status quo, of course, will fight this tooth and nail because adopting the Chilean plan would ultimately give people more control over their lives.
     
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