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We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.--Winston Churchill.

I agree, thats a timeless quote that would be well to be reiderated in todays government.
 

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along the lines of the social security thing..with all this spending of our SS dollars by the governement, and president after president promising to do something about putting it back in..exactly how do they plan on doing it? if they need to spend this money or they feel as though they need to, to offset other programs, then where's it gonna come from to be put back? :confused:
 

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so we'll be paying into this new account, similar to how we do it now? but how do we keep the govn hands out of it in the long term if they found there way into b/4 , couldnt they do it again? :confused:
 

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Pigface1 said:
The money you put into FICA now would go into your own account. The money you're paying now goes into a gigantic pot, and the people that are 65+ get that money. Then, when we turn 65, in theory the younger generation would be paying for us. Obviously that's not working.

So, we get our own private accounts and collect interest and it works out for everyone in the equations.

I haven't read up that much on it, so I don't know the specifics of when it's to start, etc.

so only we would have access to this account, like a bank account so to speak ?
 

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Pigface1 said:
I understand and I agree. However, the majority of people aren't responsible enough to set aside $ for their retirement. This way they at least get *their* money back, plus interest, and the rest of us that are responsible won't have to bail out millions of dumbazzes b/c we have a fiscally irresponsible socialistic safety f'n net. Was that a run on sentence? Okay.
yes but well said...earning interest on it, and having this plan ur talking about would be nice..and idea at all when it MIGHT start to happen ?
 

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the majority of the world isnt that financially set for one reason or another!!!!!! ...I like the idea of having this set aside for me, as long as IM the only one who can ever get to it.
 
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