KittenKoder
Senior Member
The Govt. So how can you argue SS is like an investment and not insurance? If it was an investment you'd get your money back, wouldn't you? Of course.
After spending years paying for life insurance, go to your life insurance carrier and ask for you money back. Good luck. SS is the same way as insurance. You only get benefits if a condition happens, and you don't get your investment back.
Probably millions. Just like life insurance. You paid premiums all your life, and if you don't die, the insurance company just pockets the entire amount. That is why SS is insurance. You only get it if conditions apply.
If you've only worked a few years and die with a wife and young kids, they get benefits for years, far more than you paid in. If it was an investment, you'd only get back the little bit you put in for a few years and they your wife and kids would be SOL. Here again, SS is like insurance, a life insurance, not an investment. See the difference?
Not if you die before you get to collect it ... you can't get an investment back all the time, but if those who handle the investment abuse the money they are suppose to invest, you do have legal retribution, same with private insurance companies. You can't with the government, thus it's robbery.
Sure you can. It's called a ballot.
Really, you can vote to force them to pay you back now?