It's Day 298 of the Pelosi Revolution and...

Well, we already know you think the government can invest your money better than you can. Now I guess we have to believe that you think Social Security is an optional program? Because you can go hyperbole and use words like "armed extortion," but last I looked the government does not give me a choice in them taking my money to make an awful investment.

 

No.
Does anyone else want to explain that Social Security is not a retirement investment program, or do we just let the guy keep pretending he knows what he's talking about.

 

Hey, whaddya know? It's an insurance program!

http://www.socsec.org/feature.asp?issueid=%7BB64F28EB-DE8A-4482-9ABC-7D13AAE16189%7D

But why set that insurance money aside in a government program when Americans have shown such broad aptitude in personal money management? With our negative national savings rate, all those day-traders getting pooped out the bottom of the last internet bubble, and our many readily available subprime mortgage instruments, Average Joe will have his retirement fund set aside in no time!

 

Actually, it's a retirement de-vestment program. "You give us $100,000 over the course of your life and we'll give you $50,000 in 40 years and keep the rest."

 

No, actually it's a soccer team located in Foxborough, Mass., but that's not important right now.

 

Zags: I'd be willing to bet there aren't many like that in the newspaper business, where opportunity and career lives are being squeezed out. Try telling that to someone in their 40s or 50s in this business. Just hoping to get to retirement before the collapse.

 

Yeah, that's right, because our government has such a wonderful proven track record of managing money....what is the national debt these days? I know, I know....we had a surplus till this Bush guy came along.

My goodness there is no worse example of how to manage money than the U.S. government but we have idiots on here who are actually trying to make an argument that they are better suited to invest your money than you are.....

That is scary.

And you are right it is not a retirement investment program -- it is a retirement investment scam that we are all forced to be a part of against our will.

I've always wondered this -- if social security is such a great program that we can't live with out -- why isn't it optional?

Why does it matter so much to you and Hillary Clinton if I opt out of it, take the %15 percent of my income and invest it in my own private account. I mean, the number of people who would actually take this option has to be miniscule, since, after all, this program is saving us all from ourselves.

So explain it to me -- if this program is so great for all of us, why must it be administered by force? Why isn't it optional?

 

Social Security is not an investment program.
Saying it is doesn't make it one.
Please stop doing so until you read another book or two.

 

Just like you calling everyone who disagrees with you uneducated, stupid and a troll doesn't make you right. That's not an argument, that's trying to sound intelligent because you lack an argument. It is also a convenient way for you to not have to answer tough questions that sink your bullshit stances on certain issues quicker than that iceberg sunk the Titanic.

I know, I know it wasn't techinically the iceberg, it was the water filling the ship......

And you can continue to try and split hairs and call social security anything you want to but that doesn't change the fact that it is a big government, investment scam that we are all forced to participate in and don't get anywhere close to the bang for our bucks in return.

And once again I'll ask you -- if social security is such a great program and is so great for each of us and so great for America -- why is not optional? Why can't I take the %15 of my income that is hijacked from every paycheck and put it into my own personal privatised non-investment account? Why is that?

 

Because the government knows you can do it better than them.

 

It is not an investment program.
It is a social insurance program.
Please read the history of it.
Please consult the elderly poverty statistics pre-SS and what they are today.
Please endeavor to discover what you're talking about.

 

I've already read the history on it and you can call it what you want, split any hairs you want -- it is a big government welfare program that costs far more than it needs to and does not give nearly the bang for the buck that it hijacks from ordinary citizens -- and you still have not answered the question -- why is it not optional?