Reader Mail
Women at War
Time to end the nonsense. Plus: Doubts about Bob Casey, Jr. Federal embezzlers. Michael Schiavo. And much more.
(Page 2 of 10)
br>
Re: William Tucker’s
End the
Embezzlement Now!
:
/p>
p>Sounds a lot like Al Gore’s “lock box” to me!
br>
—
Jim Mathews
br>
Colorado Springs, Colorado
/p>
Let’s pretend that we never heard of Social Security and start with the eighties, which was when we began to have investment options provided by many employers. Let’s assume that instead of Social Security the government had required FICA to be used for retirement, so that the government wouldn’t be stuck with welfare and Medicaid.
p>For all intents and purposes this is where upper middle class br> Americans are now. A majority have growing investment accounts and affluence previously unheard of for elderly retirees. So we don’t have to make excuses to have private investments. All those in opposition to Bush’s Private Accounts, already have these accounts of their own, so their protests are a travesty. /p> p>The problem is that the debts of Social Security must be restructured and the plan must be allowed to expire as the beneficiaries pass away. It is no longer a good deal for anyone paying 15.3% FICA. It will be less expensive to get rid of than to try to patch it up. br> —
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