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User Name Thread Name Subject Posted
GUEST,Larry K BS: Bush to shut down 80% of colleges by '08 (80* d) RE: BS: Bush to shut down 80% of colleges by '08 04 Jan 05


I would love the optiong of privatizing my own social security funds.   Those of you like Bobert and Carol C. would have the option of leaving your funds in Social Security and getting your 1% average return each year.   Personally, I would fire my broker if he had an average return of only 1% during the last 40 years.

In reviewing my investments over the past 20 years, I have averaged over a 10% increase each year.    That includes the losses following 9/11 and after black Tuesday about 15 years ago.   I would much rather take my chances managing my own money. Over the last 40 years, anyone who invests in the stock market would have done better than anyone in social security.

Yes the gap widens.    Those of you fools who prefer the 1% chump change from social security and those of us wise enough to invest it properly.   You can probably finds municipal bonds that would pay you 5% and be a very safe investment. but you prefer the 1% from the government.   Why don't you buy some lottery tickets while your at it.

Yes- I earn over $80,000 and am in the top 10% of wage earners in the US.   According to the IRS, my group earns 46% of all the income in the US but pays 67.3% of all the taxes.    We are very overtaxed.   The top 50% of people in the US pay 96% of the taxes.   Basically, the bottom half are not carrying their weight. Why is that fair?

I spent Christmas vacation at a friends estate who told me he paid $400,000 in taxes last year.   And democrats still complain that the rich don't pay enough taxes.


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