Giving the world a hand since February 3rd, 2002. "If you're gonna dine with them cannibals, sooner or later, darling, you're gonna get eaten."




Comments by YACCS

 
COMPARE AND CONTRAST

The main difference between the current Social Security setup and Dubya's "private accounts" is that the private account is a limited amount of money. When your private account runs dry, it's time to move in with your kids, 'cause you're broke.

In contrast, Social Security is a guaranteed benefit for life. You pay in a small amount of your income for as long as you are working, and when you retire, the government makes good on their end of the deal and sends you a check every month--for the rest of your life. It doesn't matter if you live to be 70 or 170, you still get your check. Every month. Until you die.

With a "private account" you have a set amount of money, for which longevity is a problem. You could make it last for the rest of your life, if only you knew how long you were going to live. What happens if you figure wrong and you live longer? Again, you start packing and hope your children have a spare bedroom/empty spot in the basement/comfy couch/3-car garage with only 2 cars.

Social Security is a shared risk/benefit with all Americans. We all kick in, and when our time comes, we all get a piece of the pie. Guaranteed.

With "private accounts", if your investment option tanks, you're up shit creek without a paddle. In which case, you start packing and begin to wonder how comfy it would be to sleep in your car.

With Social Security, you can't pass the money on to your inheritors. They can get survivor benefits instead, assuming they qualify. The money you paid in goes to help pay for someone else still alive, unlike your sorry dead ass.

With "private accounts", you can pass your selfish stash on to your kids, but why would you wanna do that? They didn't earn this money. You did all the work. Let them work for their own cashe. This is assuming that you didn't use up all of the money before you died.

Gee, after weighing the pros & cons, I wonder why Dubya is having a hard time selling his nonexistent plan to the American public?

The whole movement to "save" Social Security is all about one thing: a privileged few pissed off that they have to pay into a system--the same system used by those commoners--that doesn't give them more in return than they paid in.
so wrote Leper around about 8:21 AM

 
WHO WOULD JESUS PERSECUTE?

Not only does Jesus hate fags, but Democrats, too.

Unbelieveable. I sincerely hope they lose their tax-free status.
so wrote Leper around about 7:13 AM