Re: Refresher Course on Social Security


"mg" <mgkelson@xxxxxxxxx> wrote in message news:1173545582.727981.77660@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Mar 9, 8:10 pm, "Jerry Okamura" <okamuraj...@xxxxxxxxxxxxx> wrote:
"mg" <mgkel...@xxxxxxxxx> wrote in message

news:1173487909.684085.249260@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx





> On Mar 9, 8:43 am, "Jerry Okamura" <okamuraj...@xxxxxxxxxxxxx> wrote:
>> "mg" <mgkel...@xxxxxxxxx> wrote in message

>>news:1173410035.175824.315600@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

>> > On Mar 8, 2:29 pm, "California Poppy" <GoldenStatePo...@xxxxxxx>
>> > wrote:
>> >> I am still working part-time for a city rec & park department. >> >> They
>> >> have their own retirement program rather than SS, which is what I
>> >> think all should be. I was given 19 choices of mutual funds. >> >> They
>> >> are labeled as growth, income, and stability. We were given their >> >> 3-
>> >> year average % increase. I chose a Conservative Growth Lifestyle
>> >> Fund for 50% of my retirement and a Core Bond Fund for 50%, but I
>> >> could have chose any fund and any percentage, and I could change >> >> any
>> >> year. This is what should be available for everyone.

>> > A "city rec & park department" is a government agency that feeds >> > from
>> > the public trough. They're not subject to the ups and downs of the
>> > free-enterprise system. They don't have to make a profit. If you are
>> > suggesting they're system should be extended to private >> > corporations,
>> > you're comparing apples and oranges.

>> No she is saying that what is good for the goose is good for the >> gander.
>> She is saying she works for a government agency who offers her an
>> opportunity to invest her money and provide her with a chance to make >> a
>> better return on her investment.

> She also said:

> "They have their own retirement program rather than SS, which is what
> I think all should be."

> In otherwords what she is apparently saying is that state and local
> government employees don't participate in the SS program, therefore it
> should be eliminated.

Well, either fix it, or do away with it, and start from scratch..because it
ain't doing such a good job right now.- Hide quoted text -

I don't know if it is such a big problem in the overall scheme of
things. To me it looks a lot like Bush tried to pull the same sort of
Chicken Little thing with Social Security that he did with the WMDs in
Iraq and then solve the problem in the same way--by destroying it.


Tell that to those who only have a social security income to live on....

.

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