Privatize % of SS ?

[Mr.Fitnah]

You support allowing people to invest some or all of the SS payments into private account?

 

[VaYank5150]

You support allowing people to invest some or all of the SS payments into private account?

As long as it is by choice and not by mandate. It is their money, they should be allowed to do whatever they want with it. Including, but not limited to, leaving it where it is.

 

[Mr.Fitnah]

This will be come a topic after the SOTU rebuking.

 

[uscitizen]

You support allowing people to invest some or all of the SS payments into private account?

NO. We pretty much already did that will 401K's and Keogh, etc.
the market will just harvest the portion "invested" as it does now with other "investments".
The the gummit would just bail out the SS investments.
So the only difference would be that the market made money off of it and taxpayers paid for it outside of the SS "contributions".

 

[Mad Scientist]

Privatize and Opt Out if you want.

 

[Sallow]

Absolutely not.

SSI is the ultimate safety net, designed to make sure that if you screw up..you still can salvage your life in your "Golden" years.

It should never ever be messed with.

 

[Mr Natural]

Absolutely not.

SSI is the ultimate safety net, designed to make sure that if you screw up..you still can salvage your life in your "Golden" years.

It should never ever be messed with.

As bad as it may be, it's still better than being left with nothing.

 

[VaYank5150]

Absolutely not.

SSI is the ultimate safety net, designed to make sure that if you screw up..you still can salvage your life in your "Golden" years.

It should never ever be messed with.

IF this is the line of thinking, why not simply have everyone give 100% of their paychecks to the government....you know, just in case we screw up.

 

[uscitizen]

Absolutely not.

SSI is the ultimate safety net, designed to make sure that if you screw up..you still can salvage your life in your "Golden" years.

It should never ever be messed with.

IF this is the line of thinking, why not simply have everyone give 100% of their paychecks to the government....you know, just in case we screw up.

Push it to the absurd?

Isn't there a debating term for that?

 

[Oddball]

Absolutely not.

SSI is the ultimate safety net, designed to make sure that if you screw up..you still can salvage your life in your "Golden" years.

It should never ever be messed with.

IF this is the line of thinking, why not simply have everyone give 100% of their paychecks to the government....you know, just in case we screw up.

Push it to the absurd?

Isn't there a debating term for that?

Yes...It's illustrating the absurd by being equally absurd.

 

[draper]

Most of us already invest in the stock market with IRAs and 401Ks.

Isn't there a saying about eggs and one basket?

 

[Trajan]

I support privatization of the Sturmgeschütz.....why?

 

[VaYank5150]

Absolutely not.

SSI is the ultimate safety net, designed to make sure that if you screw up..you still can salvage your life in your "Golden" years.

It should never ever be messed with.

IF this is the line of thinking, why not simply have everyone give 100% of their paychecks to the government....you know, just in case we screw up.

Push it to the absurd?

Isn't there a debating term for that?

Well, isn't the line of thinking somewhere in the neighborhood of "the government knows how to spend/invest our money better than we do"?

 

[uscitizen]

IF this is the line of thinking, why not simply have everyone give 100% of their paychecks to the government....you know, just in case we screw up.

Push it to the absurd?

Isn't there a debating term for that?

Well, isn't the line of thinking somewhere in the neighborhood of "the government knows how to spend/invest our money better than we do"?

Or better than the finiancial sector does?
Junk mortgage packages? Rated AAA with no history to support that rating?

Now they have things so hosed they can't even forclose?

 

[VaYank5150]

Push it to the absurd?

Isn't there a debating term for that?

Well, isn't the line of thinking somewhere in the neighborhood of "the government knows how to spend/invest our money better than we do"?

Or better than the finiancial sector does?
Junk mortgage packages? Rated AAA with no history to support that rating?

Now they have things so hosed they can't even forclose?

Either way, IF this idea is on the table, leave it to the individual taxpayer to decide what is best for THEIR money. Leave it with the Fed or take their own chances in the market. Right?

 

[DaGoose]

You support allowing people to invest some or all of the SS payments into private account?

Nope, because that's not how the system is set up. And it's also not set up to "borrow from" or pay anything out to anyone unless they're at retirement age.

I suppose that if people could "opt out" or "do their own investing" many would do it knowing that if they squandered their retirement savings they could simply collect welfare.

 

[Trajan]

well, I'll ask if no one else will..

privatize WHAT?

there is NO money sitting there in a lock-box, and they spend it as fast as it comes in ( and now faster since there is not enough coming in to meet current obligations).......how is this supposed to work?

 

[Sallow]

IF this is the line of thinking, why not simply have everyone give 100% of their paychecks to the government....you know, just in case we screw up.

Push it to the absurd?

Isn't there a debating term for that?

Yes...It's illustrating the absurd by being equally absurd.

Nothing absurd about SSI. It's functioned very well for decades.

 

[uscitizen]

Well, isn't the line of thinking somewhere in the neighborhood of "the government knows how to spend/invest our money better than we do"?

Or better than the finiancial sector does?
Junk mortgage packages? Rated AAA with no history to support that rating?

Now they have things so hosed they can't even forclose?

Either way, IF this idea is on the table, leave it to the individual taxpayer to decide what is best for THEIR money. Leave it with the Fed or take their own chances in the market. Right?

Their money outside of the SS contributions is already on the table. They have several tax deferred options and such.
Most/many would opt out if they could, blow the money and then whine like hell when they got older and had nothing at all to fall back on. And expect the govt to support their ass.
that is the reality of human beings.

 

[Oddball]

Push it to the absurd?

Isn't there a debating term for that?

Yes...It's illustrating the absurd by being equally absurd.

Nothing absurd about SSI. It's functioned very well for decades.

Nobody's talking about whether or not it has "functioned" for decades.

Try again.