Social Security: Bankrupt System Will Impact Markets Sooner than Expected [View article]
IMHO 1} a key portion is only those who have paid in can collect. When did it become a welfare system 2} disability SSI ????? agree it is too abused and needs to be stopped
On May 01 09:02 AM a. palmer jr. wrote:
> I have a way to save Social Security....All we have to do is revert > it back to it's roots, what it was designed for in the first place. > First thing is to not allow anyone to draw Social Security that didn't > pay into the system! I know that's not compassionate but it's fiscal. > Second, not let Congress or the President dip into it for their various > projects and replace it with an IOU; Al Gore's "lock box" if you > will. Third, not let anyone draw Social Security until they get to > be 62 years of age, and then at a reduced amount, as now. No more > retirements at 45 years old just because they don't want to work > and they know a friendly doctor. Keep Social Security as a retirement > account and not a welfare fund. Keep the SS widows payment, assuming > the widow is at least 62 years of age. No illegals on SS even if > they do work here because they don't pay into the fund. See, it wasn't > that hard!
Social Security: Bankrupt System Will Impact Markets Sooner than Expected [View article]
2} disability SSI ????? agree it is too abused and needs to be stopped
On May 01 09:02 AM a. palmer jr. wrote:
> I have a way to save Social Security....All we have to do is revert
> it back to it's roots, what it was designed for in the first place.
> First thing is to not allow anyone to draw Social Security that didn't
> pay into the system! I know that's not compassionate but it's fiscal.
> Second, not let Congress or the President dip into it for their various
> projects and replace it with an IOU; Al Gore's "lock box" if you
> will. Third, not let anyone draw Social Security until they get to
> be 62 years of age, and then at a reduced amount, as now. No more
> retirements at 45 years old just because they don't want to work
> and they know a friendly doctor. Keep Social Security as a retirement
> account and not a welfare fund. Keep the SS widows payment, assuming
> the widow is at least 62 years of age. No illegals on SS even if
> they do work here because they don't pay into the fund. See, it wasn't
> that hard!