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  • Wall Street Breakfast: Must-Know News [View article]
    berbno

    What you call negativism I call reality.
    Apr 16 08:57 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "It is an insurance policy against indigence in old age"

    No it is not. Wrong.

    That was the original intent but the politicians over the years have added onto it a disability free hand out that is killing the system and the original intent. The portion of SS that we all pay into and collect at 65 is doing just fine, it is the disability handout that recipients don't pay anything into that is killing the system.
    Apr 15 03:44 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    crademan

    Brilliant minds all think alike.
    HaHa.

    I don't think things have changed for the better since 1999.
    Apr 15 03:37 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    EA

    Be realistic man. the amount of money that would build up in such a "fund" would be too tempting for the politicians in Washington to ignore.

    Do you seriously think that some future congress and/or administration would be able to stop themselves from stealing this pile of money? And remember, whatever legislation is passed to establish such a fund, no congress can bind a future congress.
    Apr 14 02:46 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Bubo

    I agree with you.
    A mighty strange day it is when we agree on anything.
    Perhaps there is hope for peace yet.
    Apr 14 02:28 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    DirkH

    Things are the way they are because nothing the left wing wackos do has any basis in logic or reasoning. Just do what they say you must. Of course for themselves a whole different set of "must do's" are in place.

    Like for example the elites spouting energy saving BS while flying around the world in private jets.
    Apr 14 02:24 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    giorgiolb

    There is no such thing as "NON-partisan pension management team."

    EVERYTHING to do with Washington is partisan. Simply look at what has happened to the IRS and the DOJ. Do you seriously think that given the opportunity that the current administration wouldn't invest SS funds in Solindra?
    Apr 14 01:43 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    giorgiolb

    "investing payroll taxes in real, appreciating assets instead of dumping them into the general fund"

    And who would you propose would be the one to do the investing? The individual or the government.

    As an aside, remember that it was President Johnson and his fellow democrats who made the change to dump the SS payroll taxes into the general fund.
    Apr 14 12:36 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    giorgiolb

    "It's not sustainable by any measure, including SSA estimates."

    Again, due to the disability payouts not the "normal" retirement payouts.
    Apr 14 11:32 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    giorgiolb

    There is no "problem" with SS. The part of SS that is retirement is just fine. The problem is the other part of SS which is the disability programs that the government let run amok and granted millions of 'Disability SS" payouts to people that for the most part didn't pay anything in to the system.

    Therein lies the problem with EVERY government program. The government lets it grow like a cancer until it consumes every dollar it can grab and then they cry that more is needed for "the poor", "the disabled", "the children", and on and on non stop.
    Apr 14 10:39 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    fxdude

    I hope you practice what you preach and drive through impoverished neighborhoods and hand out money to everyone you see to help them get out of poverty. Additionally I hope you voluntarily pay extra tax money on your 1040 above and beyond the required amount to also fulfill your dreams.

    Don't leave it to the government to do your bidding go set a good example.
    Apr 13 09:43 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    giorgiolb

    I find it amusing that SS and Medicare, programs which people actually pay for, are always talked about as "going broke", but, Food stamps, Welfare, and other handout programs for which the recipients have never paid one lousy penny into are never talked about as "going broke".
    Apr 13 09:23 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    user21284

    "Richard Nixon was the stuff of Shakespearean drama. Talented, intelligent, but a flawed character caught in a web of his own paranoia and intrigue. He covered up, and lied, and was at the heart of a series of acts that were criminal in nature and - of his own doing"

    Replace "Nixon" with "Obama" and nothing has changed in 40 plus years.
    Apr 11 11:39 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    John

    "(even though I have not been to a doctor in over 10 years).

    If nothing else go get a PSA test and a colonoscopy. Both will detect silent killer cancers before too late.
    Apr 11 11:20 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bubo

    Do you feel the same about Nixon or Corzine?
    Apr 11 10:35 AM | 4 Likes Like |Link to Comment
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