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| Seal of the United States Social Security Administration. It appears on Social Security cards. (Photo credit: Wikipedia) |
It amazes me to hear intelligent people
in their 30′s and 40′s say that they don’t expect to receive any benefits from
the Social Security System at retirement. If you are in that category then
you also believe that it is a Ponzi scheme.
My first question to you is, Why do
you continue to pay into the system and not tell your Representative, Senators,
and President that you find that situation to be unacceptable and that you will
not vote for them if specific changes are not made.
My first question to you is, Why do you continue to pay into the system and not tell your Representative, Senators, and President that you find that situation to be unacceptable and that you will not vote for them if specific changes are not made.
Our government is not a charity. Our politicians wastes a ton of our tax money while guaranteeing themselves a fabulous retirement. Is it that you don’t know what to tell them? Return to this site regularly. Is it that you believe that you don’t have any power? Consider what happened to the Democrats in the last election.
Here are three principles to help guide your thinking:
2. Everyone must have
complete ownership of their retirement plan. The politicians actually own your
Social Security benefits. That’s why they can increase your retirement age and
tax your Social Security benefits. Also keep in mind that participation in the
Social Security System is not mandatory. Several segment of workers, mostly
union workers, in this country have never contributed to the Social Security
System. Their unions have consistently fought against having their workers
participate in such an archaic, dysfunctional system.
3. All defined benefit plans must be
replaced by defined contribution plans for all public employees at all levels,
including the politicians. If any one segment of workers in this society is
guaranteed a retirement income then all workers should be guaranteed a
retirement income.
This is a serious issue that directly affect your future. What do you think
about these principles. Let me know.
2. Everyone must have complete ownership of their retirement plan. The politicians actually own your Social Security benefits. That’s why they can increase your retirement age and tax your Social Security benefits. Also keep in mind that participation in the Social Security System is not mandatory. Several segment of workers, mostly union workers, in this country have never contributed to the Social Security System. Their unions have consistently fought against having their workers participate in such an archaic, dysfunctional system.
3. All defined benefit plans must be replaced by defined contribution plans for all public employees at all levels, including the politicians. If any one segment of workers in this society is guaranteed a retirement income then all workers should be guaranteed a retirement income.
This is a serious issue that directly affect your future. What do you think about these principles. Let me know.
