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Author: BrerBear Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19380  
Subject: Re: Soial Security changes Date: 2/13/2005 10:33 AM
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tomotr38
Fellow Fools: Why is the AARP out against the Presidents plan?
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Best answer I can think of is because the plan smacks of the Feds walking away from their responsibility in the big scheme of things... and of course, it does NOT do that...

Bottom line, the Congress canNOT be trusted with having access to massive amounts of money that are intended for such as the retirement income and medical needs of Americans over 65... they simply can't... and we don't need to foist the blame on just the Republicans or just the Democrats, they ALL have a piece of the blame... with many of those responsible for the gigantic mess being long gone from the halls of Congress... in many cases they are long gone from this Earth...

So, for the time being, Congress has us, thee and me, to take care of by whatever means possible... we and our employers paid our "SS" taxes, paid the increases as we were told to "keep the plan solvent", on and on... [Does anyone remember the words used back in good ol' boy Carter's days how if we just can pony up this stiff increase, EVERYTHING would be okay?... I, for one, remember the time well, if not the exact words...]

Long term, long term being within the next 20 or 30 years, the whole damn plan has to be pulled away from our stickey-finger politicians, and handed over to people who will handle the money with fiscal sanity...

[Personal side note: Take a look at what you and your wife paid to SS + medicare last year, or the last year both had full wages. DW and self contributed ~~$25,000 last year... I wonder what kind of half-vast package a Met Life or NY Life could cobble together for such a piddley little premium...]

End of rant... gotta go take some blood pressure meds now...
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