We all played the stock market and we all lost our retirement plans, which were dependent on the stock market. Now the government doesn’t have to worry about Social Security going broke because none of us can afford to retire.
You’re right about that, Richard. They basically stole it from us. People laughed at Al Gore when he promised to put our SS funds in a lock box if he was elected. Now look at us.
The value of my portfolio dropped tremendously last year. But I never sold a thing and now it’s nearly recovered. I was buying when things were dismal and now it’s paying off. Remember, you don’t lose anything if you don’t sell.
fredbuhl, Rep. Paul Ryan tried submitting an amendment to the health care reform plan that said if Congress was going to insist on a public option, then all of Congress should be put on the public option plan. The Democrats voted his amendment down. Gee, I wonder why?
fredbuhl: Actually, since 1984 our legislators have been required to pay into Social Security - In a complicated system affecting their retirement benefits, they Do come out better than we do:
(From National Taxpayers Union)”In the final analysis, Congressional pension benefits are 2-3 times more generous than what a similarly-salaried executive could expect to receive upon retiring from the private sector.”
However, they do NOT get free health care, but have the option of enrolling in a federal plan (like any other federal employee) or paying for private insurance. Also, they pay to have their families covered, just as in most other plans. While in Washington, they may elect to use the House physician, but must pay separately for that, and their families are NOT eligible.
As a long-time non-admirer of Congress, I had bought into the “free” healthcare belief, but found that many of the “facts” we read on the internet are just not true. None of this addresses the bribery, corruption, and moral bankruptcy, of course.
I recall a maxim about not storing your treasures on earth, where moth and rust consume and where thieves break in and steal (“thieves” make a broad category these days!)…the rest I leave to look up, as an exercise for the student. :)
Yukoner almost 15 years ago
A man’s got to know his limits.
pbarnrob almost 15 years ago
Once you know them, work on surpassing them; they’re nowhere near where you thought they were!
jrbj almost 15 years ago
We all played the stock market and we all lost our retirement plans, which were dependent on the stock market. Now the government doesn’t have to worry about Social Security going broke because none of us can afford to retire.
CogentModality almost 15 years ago
Not me. I got out before the crash and invested my money in Lots and Houses. Lots of booze and Houses of ill repute, that is.
crazyolnick almost 15 years ago
how about some address’s……
wicky almost 15 years ago
Social Security would be overly solvent, had not our govt. decided to put that money in the so-called “General Fund”.
GROG Premium Member almost 15 years ago
Take stock, then start stocking up on stocks.
jrbj almost 15 years ago
You’re right about that, Richard. They basically stole it from us. People laughed at Al Gore when he promised to put our SS funds in a lock box if he was elected. Now look at us.
EarlWash almost 15 years ago
Presious metals are looking pretty good froma a year ago. Silver up about 80%. cool!
jpozenel almost 15 years ago
The value of my portfolio dropped tremendously last year. But I never sold a thing and now it’s nearly recovered. I was buying when things were dismal and now it’s paying off. Remember, you don’t lose anything if you don’t sell.
fredbuhl almost 15 years ago
I want the same retirement and health care congress gets. Fat chance.
jrbj almost 15 years ago
fredbuhl, Rep. Paul Ryan tried submitting an amendment to the health care reform plan that said if Congress was going to insist on a public option, then all of Congress should be put on the public option plan. The Democrats voted his amendment down. Gee, I wonder why?
Ushindi almost 15 years ago
fredbuhl: Actually, since 1984 our legislators have been required to pay into Social Security - In a complicated system affecting their retirement benefits, they Do come out better than we do: (From National Taxpayers Union)”In the final analysis, Congressional pension benefits are 2-3 times more generous than what a similarly-salaried executive could expect to receive upon retiring from the private sector.” However, they do NOT get free health care, but have the option of enrolling in a federal plan (like any other federal employee) or paying for private insurance. Also, they pay to have their families covered, just as in most other plans. While in Washington, they may elect to use the House physician, but must pay separately for that, and their families are NOT eligible. As a long-time non-admirer of Congress, I had bought into the “free” healthcare belief, but found that many of the “facts” we read on the internet are just not true. None of this addresses the bribery, corruption, and moral bankruptcy, of course.
Rakkav almost 15 years ago
@ DD FENCE EMET: JAD already has. What, you didn’t remember me?
I recall a maxim about not storing your treasures on earth, where moth and rust consume and where thieves break in and steal (“thieves” make a broad category these days!)…the rest I leave to look up, as an exercise for the student. :)