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I got this through my email to pass on. I find the story hard to believe. What do you guys know about it. Is this story true

GET A BILL STARTED TO PLACE ALL POLITICIANS ON SOC. SEC.
2004 Election Issue!!

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SOCIAL SECURITY:

(This is worth reading. It is short and to the point.)

Perhaps we are asking the wrong questions during election years.

Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it.

You see, Social Security benefits were not suitable forpersons of their rare elevation in society.They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan.

In more recent years, no congress person has felt the need to change it. After all, it is a great plan.

For all practical purposes their plan works like this:

When they retire, theycontinue to draw the same pay until they die.

Except it may increase from time to time for cost of living adjustments.

For example, former Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275,000.00 during the last years of their lives.

This is calculated on an average life span for each of those two Dignitaries.

Younger Dignitarieswho retire at an early age, will receive much more during the rest of their lives.

Their cost for this excellent plan is$0.00. NADA....ZILCH....

This little perk they voted for themselves is free to them. You and I pick up the tab for this plan. The funds for this fine retirement plan come directly from the General Funds;

"OUR TAX DOLLARS AT WORK"!

From our own Social Security Plan, which you and I pay (or have paid) into,-every payday until we retire (which amount is matched by our employer)-we can expect to get an average of $1,000 per month after retirement.

Or, in other words, we would have to collect our average of $1,000 monthly benefits for68 years and one (1) monthto equal Senator Bill Bradley's benefits!

Social Security could be very good if only one small change were made.

That change would be to jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us ... then sit back and watch how fast they would fix it.



If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve.

How many people can YOU send this to?
Keep this going clear up thru the 2004 election!! We need to be heard
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Original Post

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It sounds about right. I am not completely sure of the zero bucks. But it would not be surprising. Public officials, even at the local level and depending on the category of the given locality, are given very generous benefits. Not much in pay, but great benies. That is what drives much the ambition to gain public office.

Small business men often see public office as their ticket to a secure retirement.

PEACE

Jim Chester
I cannot attest to the arithmetic in your e-mail. Conceptually however, I think it is pretty much on the mark.

Our public officials have always treated themselves well.

You might interested to know that until recent years, the late 80s I believe, the U.S. Congress did have, in fact was exempted from, complying with the it pass requiring certain treatment of a company's employees. Like overtime. Like sexual harassment.

Must be nice, huh?

There is a book from the 60s called "Animal Farm." It talks about equality, and all being equal. It's just that some are more equal than others.

PEACE

Jim Chester
I'm still amazed at how many people have never taken a critical look at social security or most the other government programs that exist.
Social security is one of the biggest scams ever purpetrated on the american public. If one were able to invest that same amount of their own money into an actual investment portfolio, the returns over a lifetime of payouts would certainly not be a measely 800-1000 dollars/month, in the capital markets that kind of investment would leave one RICH at retirement.

Social security is a scam, and I want to keep that money for my family, its time to face the reality that social security is NOT the only ballgame in town, there are much better ways to prepare for one's retirement.
Thats an 'if' backed by the historical data available. As you are probably unaware, social security is doomed to fail in about 20 years or so since its unsustainable. Thats not an 'if', its going to be weaker than it already is, and you won't be getting any of that cash back ever.

Its time to stop allowing politicians to use social security as a way to scare themselves votes, while admitting its going to go bankrupt, and face up to the fact that NOTHING should be mandatory when it comes to your own income. I could do a far better job of providing a future income for both me and my family, with that same money that is currently confiscated from me involuntarily, than the government EVER could, and so could you. If the government was concerned with my future, they'd make social security a 'voluntary' program, no different than any other type of investment for one's future.

The next time you hear some politican talk about the "social security trust fund", remember what you just wrote, and call him a LIAR. There is no 'trust fund' and hasn't been for decades. Its all free cash that politicians spend as fast as they can get it, and that was NEVER how a retirement plan was supposed to work. I know you libs are big on 'guilt' and 'touchy feeliness', but if you let that play on your mind and start feeling guilty, you will be as a sheep led to slaughter my friend. SS is a SCAM plain and simple. It was useful in the 1930's, but unsustainable as a 'forever' plan due to demographics alone.
Surprise. I am aware of the projections for Social Security. I am also aware of the original intent. My understanding of that intent was that the then new system would HELP prevent the total loss of income for the Joe 6-packs of our society.

You solution: "If one were able to invest..." does not meet that societal standard. Your solution takes of the individual who is so inclined, and so able.

Social Security, will all of its weaknesses, is intend for all of us.

Your solution is for you.

Scam, Shmam

We are better off.

You can still do what you want.

PEACE

Jim Chester
I realize james that in your view the 'joe sixpack' image is of one who is totally incapable or unwilling to take care of one's self, and thus thats why the democrat party exists. But it would be just as easy to administer 'private retirement accounts' by having employees simply 'check' a box saying they wish to do so, and hold their contributions in 'private accounts' that employees 'own', in which the money is invested in real investments and stands to gain real growth. This account belongs to the employee and can be passed down to children and family, unlike how social security just disappears when you die, or how you and your family never collect if you die too early.

So your argument that most people are too dimwitted to handle the money they earn is simply not a sufficient complaint. And we aren't living in the 1930's, millions of people already invest in 401k plans, something that wasn't around in the 30's. New times call for new and better plans. Social security is dated and either needs major reform, or those of our generation will grow old with decreasing benefits, if any, to rely on. Freedom means choices, this is no different.
janesT,

since everyone is so gotdamn capable, why in the hell are there at least 11 million impoverished people in this country and so many kids without food or hospitalization? what in the f-k could their problem be? could it be that they all actually have money and do not know what to spend it on or how to spend it? you sound like newt gingrich's stupid azz....who use to elude to people being poor because of their habits........ya'll are a trip azz group of human beings indeed......
'what in the f-k could their problem be'

The question is not as mysterious or unanswerable as you might think. For example, if a young girl has a child before graduating high school, what are the odds that BOTH her and her child are going to live out their lives in poverty? Take a wild guess, its almost a SURE thing. How to deal with that? DON'T make babies you aren't prepared for, and get this sexual madness permeating black urban culture under control.

But how many so-called black leaders are concerned or focusing on this cause of poverty? Let us look at high school drop-out rates amongst black youth. Not a damn reason on this earth for a young kid to drop out from a free education, given what we all been saying about education in this society. Yet the black drop-out rate continues to impair and determine the futures of so many black children. Which black leaders are addressing the issue of getting thru to kids that dropping out is a precursor to poverty? Why do we tolerate this behavior from our own children?

Yes, there are reasons for poverty. And there are reasons for people to get hold of their lives and make something of themselves and of their children. But how do you tell that to a teenage girl who dropped out of school to make babies, when all she wants out of life is a welfare check? The problem is on the streets, OUR streets.

To see the ways out of poverty, who do you ask? You ask those who have risen from it, and follow their examples naturally. Few if any, went around making babies out of wedlock, spent their time fruitlessly singing rap mantras, or engaged in criminal behavior. The way from poverty is hardly invisible, just takes some doing, and takes black leadership to begin to stop the nonsense and start dealing with the ACTUAL causes of poverty today.

Not so much mystery here. Poverty has always been a part of ALL societies, and likely always will be. To break the cycle is very difficult, but its behavior oriented. The black community to a large extent isn't dealing with the real causes of poverty, kids making babies, thug pop culture poisoning minds, drugs, and too little importance given to education. You reap what you sow when it comes to generations stuck in poverty.

Hard problems, yes. Totally mysterious and unworkable, NO. Ask Mexican immigrants why they come all the way to the US to work. They know poverty. We know how to avoid success. There are lessons to be learned all over the place.
That reeks of newt gingrich....the poor are always at fault for being poor and the lack of opportunity and racist azz discrimination...which black people with a wall full of degrees experience....is never factored in....why don't you just go ahead and say that black people are some sorry f-kers and get it over with? But hey....one can become a suck-buck black CONservative and get a rub on the head and a piece of bread crust.....just like in the "good" old days.......wow
Sgt. JaneT Mountain, This privitization of Social Security scheme is merely another plan to de-fund the federal government.

Regarding the myth that We, The People, would fair better under private investment accounts belies the record of those countries that actually have such a plan. I refer you to the Forbes Magazine article on the topic. (If you wish, I'll provide the citation.) The article summarized that private accounts benefit only those that invest enough to survive the market falls. As long as the market is roaring ahead, the average person fairs a little better under private plans; but when the market falls, the average person fairs significantly worse.

The article also noted that the private account plan would be a boon for investment brokers, with the more scruplous ones gaining additional fees through the new accounts; but the less scrupulous ones would gain through the same devises they have always used, e.g., churning and excessive admisnistrative fees.

Thank you, but because Social Security was designed as a social safety net program for the most vulnerable of citizens, I'd rather it be in the hands of the government that will back the investment with the full faith of our treasury; rather than priviteers those plans (i.e., investors) go broke, but walk away with millions.

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