Seeking Alpha

irondoor91 » Comments » ACM

  • Cramer's Mad Money - Social Insecurity (12/17/08) [View article]
    You assume that the "governement" is going to actually be able to audit every SS recipient's net worth? How are they going to establish valuations on illiquid assets? How are they going to locate all assets? Who is going to do it? How are they going to handle valuation disputes? You and I know that it cannot work.


    On Dec 18 11:12 AM schrumpfmeister wrote:

    > dierence with social security is the gov't can change the rules to
    > make it solvent in a snap. folks with a net worth over $1m( inflation
    > adjusted, actual ammont to be determined by actuaries) at age 70
    > don't get social security.
    >
    > imo thats what fdr envisioned, not what he accepted way back when
    > to compromise.
    Dec 19 12:03 pm |Rating: 0 0 |Link to Comment
More on ACM by irondoor91
Comments by Ticker
AAPL, ABK, ABT, ABX, ACM, AFL, AGG, AGU, AIG, ALU, AMD, AMP, AMT, AMX, AMZN, AN, APC, APL, AUS, AUY, AVAV, AXP, BAC, BAGL, BAX, BBT, BEAS, BHP, BID, BIDU, BIIB, BK, BKF, BND, BNI, BRK.A, BSC, BSX, BZF, C, CA, CAF, CAT, CDNS, CFC, CLNE, COH, COP, CSCO, CSX,
irondoor91's
Comments Stats
149 comments
Rating: 63 (74 - 11 )