It is just like private retirement accounts and lets YOU decide where the money goes, how it is invested, and you have an actual ACCOUNT! What a concept!
Check out forms and publications.

Now why are federal employees special enough to have this, but the rest of us are saddled with the largest legal Ponzi scheme ever seen?

On November 12th, 2007 at 12:56 pm, feebiebabe said:
#85 – try head on – apply directly to the forhead!

My coffee not tea reference was a VERY obscure one….

Boston Tea Party…Taxes….Coffee Not Tea. Nevermind.

Take care of that headache!!! (not because of baby soap is it?)

ROFL – that was great! I’m not worthy – LOL. Boston Tea Party.

Bows in Feebs direction (again).

Baby soap is not the problem. Mamma soap is making everyone crazy! Thanks for asking? Today or tomorrow may be the big day. I am sure it will be an off-topic brag!

Second, think about the impact SS has on small business, or more importantly self employed.

Each worker pays into SS and Medicare. Each employer must match what the worker pays in. When one is self employed, they must pay both sides, employer and employee. A roughly 15% tax. Do they receive more in SS, no, but they pay more. Add in federal & state taxes and aprx 40% of their income is gone, but they will receive less benefits.

SS is a broken and corrupt government welfare system that wastes billions upon billions each year. It spends more that one dollar for every dollar it pays out. A considerable amount of the payout goes to people that never paid in, many of which filed under false pretenses. The record keeping at SS is the worst in the federal government.

The federal government spends the trust monies as if they were a normal part of the budget. There is no real nest egg set aside for SS, the money is gone. Though a paper IOU does exist.

Simply fixing the amount of money that goes in by adjusting taxes will not fix SS. It needs a total overhaul from the top down. If the program is to exist and truly benefit the people it was designed, only constitutional controls that prevents congress from meddling with the program will make it viable.

On November 12th, 2007 at 12:43 pm, MTNEER said:
Regulus, should we call the dems the party of FPP? Fixing Phantom Problems.

I suppose, except I’m not at all sure they’re interested in fixing even the imaginary problems.

For too many real or imagined problems, Democrats don’t want a solution, they want the issue – because they think it’ll help get them elected:

- They don’t want to fix Social Security, because they’ve come to depend on the, “Those mean Repulbicans want to take it away! Boo!!” approach to seniors.

- They won’t defund the Iraq war – truly the way to realize their goal of our ignominious surrender and humiliating exit – because they get too much mileage standing on the sidelines and carping about “Mr. Bush’s war.”

- And when push came to shove on “Global Warming”(TM), Bill Clinton wouldn’t submit the Kyoto Treaty for ratification because he knew that even the Democrats in the Senate weren’t that determined to “solve” the “crisis.” Better to just keep up the Chicken Little routine and blame George Bush and the Republicans for it all.

Peggy Noonan observed to a Democrat acquaintance that “Democrats desperately want to rule America, but they don’t seem to like Americans very much.” One symptom of that mindset is the Democrats’ evident willingness if not unseemly eagerness to rule over a “has-been” America: a country poorer materially and spiritually than it is now, less militarily powerful and less influential in the world, less proud and less sure of itself, and tightly reined in by a UN collar and leash.

If we do things like bankrupt ourselves with unsustainable entitlement programs like Social Security, or deliberately lose wars to enemies sworn to destroy our way of life, we’ll eventually get to that “has-been” status. And the Dems will have played a key role in helping it along the whole way, based on nothing more than the cynical political gamble that in the end they’ll be presiding over the ruins.

My coffee not tea reference was a VERY obscure one….

Boston Tea Party…Taxes….Coffee Not Tea. Nevermind.

Take care of that headache!!! (not because of baby soap is it?)

Working with a headache. Coffee is helping but is still losing the battle – LOL

unfortunately, they have never fixed anything except elections

or drug dealers getting their fix