=================AMEN AMEN...AH... AMEN..... !
I retired the day I turned 55 and am now 61...and still too young to
collect SS... but like you I still have not counted on SS at all....
IF I live a few more years Then that money (SS) will be completely
extra... joking with my adult boys that I just may go out and buy a
new Corevette and make the payments witrh my SS income (have not
financed a car in 30 years BUT it is tempting to let SS pay for a new
one for me...
80 percent of my Income is from a 401K that I rolled over to an Ira so
that I could start withdrawing at 55... and if I were younger I would
be lookijg at starting a Roth Ira...to avoid the taxes when I started
withdrawing... as it is .the taxes I have to pay is a bitch... lol
Well, based on past history and your whining tag line, you're probably not
reading unbiased sources. However, if you care to check, did the article
talk about projections on benefit growth?
That, and demographics, is the problem. Only someone with an irresponsible
axe to grind would neglect to mention them. Judge your article accordingly.
Ideology is what destroys, not the weapons ideologues wield. How many were
killed by machete in Rwanda?
Tue, Mar 2, 2004, 9:49am (EST-3) email@example.com (Larry Blanchard)
OK, I cringe <snip>
From what I understand, once a congressman/woman or senator gets in
office, even if for just one term, they're covered, with a healthy
income for life (I was told 100% of their salary, but don't know if
that's true or not - given their past records tho, probably is). Same
with health care. So, they really aren't concerned about it, they've
already got theirs.
A politician's number one priority is getting into office. Once
in, their number one priority is staying in office.
To preserve liberty, it is essential that the whole body of the people
always possess arms, and be taught alike, especially when young, how to
- Richard Henry Lee, 1788
Life just ain't life without good music. - JOAT
Web Page Update 28 Feb 2004.
Some tunes I like.
On Tue, 2 Mar 2004 15:09:11 -0500 (EST), firstname.lastname@example.org (J
You know, if I could get in for one term and retire with a living
pension I'd be all for the in and out approach. No way I'd want to
spend any more time hanging around those types than was absolutely
norm_de email@example.com (Norm De Plume) wrote in message
What in the hell are you talking about? Both Iraq and Afghaniatan
strictly regulated the bearing of arms. Try being an armed Kurd in
Saddam's Baghdad. They allowed their partisans to own weapons and in
fact armed them - everyone else -- I don't think so. In Afghanistan
the Taliban decided who could be armed and was merciless to those
violating their edicts. There is a difference between governments that
provide weapons to their partisans and deny them to their critics and
the free country Mr. Lee was talking about (too bad that country has
not existed for a looooong time).
On Tue, 02 Mar 2004 09:49:27 -0800, Larry Blanchard wrote:
The easiest way to find out is to google on "+trust +funds".
The first entry I got was:
You can find many more with the same basic analysis, and if after
considering the info, you don't think there's a problem, I can't help it.
BTW, you will also discover the vaunted budget surplusses of the previous
administration were pure fiction.
On Tue, 2 Mar 2004 09:49:27 -0800, Larry Blanchard
My financial planning is based on the concept that what I get back
from SS will pay for my various taxes and that, if I would like to
continue to eat, wear clothes and buy gas - I'll have to take care of
Thomas J. Watson - Cabinetmaker (ret.)
(Real Email is tjwatson1ATcomcastDOTnet)
I don't know either, but it doesn't make any difference. In 2035 less
than 2 people will be working support one retired person. That isn't
going to result in a very good retirement no matter how you try to
OK, my last try. All of those assumptions about the number of
payers vs the number of payees are ALREADY IN the governments
estimates. The question was about one number in their
estimating formula that was questioned by an economics
I will post no more on this subject. You may all be good
woodworkers, but you either don't understand English, you're
just trolling, or you're all preprogrammed to spout the drivel
of one side or the other when any trigger word is uttered.
Sure will, or at least will look for the answer but please be specific in
Are you asking:
1. what estimated rate of growth is the SS fund based on
2. what is the actual growth rate?
3. whether the econ prof is blowing wind up your skirt with his opinion that
the crisis is manufatured by investment fund managers who'd love to get
their hands on the re-directed funds?
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