This is good

On Oct 29, 2:31*pm, "Bob Weinberger" wrote:

Well I agree, The inflow needs to be increased, rebalanced well before
2038. And, the current surpluses do need to be credited to the fund.
That will help a little. Or. . . benefits need to be cut to the
sustainable 73% at the current tax rate.

However I do know several friends (my circle of friends is
economically "diverse") who depend on small SS checks now, and from
what I can see in the 2 cohorts behind us, lots of these folks will
need SS also. Frankly the 401k thing has been a disaster for Joe 6Pac
if the studies are correct. I think one major place where money could
be found is in the drug bit (Part C ?), and some form of single payer
reform in medical coverage. The administration of medical insurance is
very flabby now. Ive done some systems and operations improvement work
over the years and it drives me nuts when i go to the hospital and
observe some of the backward way they do things. A lot of it comes
down to management I think..

If I can get a couple of things done here Im going to head over the
mountains to Dayton tomorrow. Finally. I put a camper on the place
and the pigs should be gone. Its early but I want to get things in
shape for later in the year. Any action on the DJ yet? I am bound and
determined to catch steelhead this year, or at least before I start to
drool. %+))

Dave

Dave

On Oct 30, 12:33*am, DaveS wrote:
On Oct 29, 2:31*pm, "Bob Weinberger" wrote:

Well I agree, The inflow needs to be increased, rebalanced well before
2038. And, the current surpluses do need to be credited to the fund.
That will help a little. Or. . . benefits need to be cut to the
sustainable 73% at the current tax rate.
.....

The last thing we need is for congress and the prez to "save" SS
again.... but I'll bet it will happen in the next few years, it's a
great way to increase general taxes while pretending that they're not.

On Oct 30, 2:38*am, "
wrote:


Look Greg, I will cut to the chase because I want to get my ass on the
road and Ive got a ways to go.

1. You believe what you believe. I am not going to change what you
believe.
2. Your initial post had more than the initials SSI wrong with it.
3. Do some of the reading, and I will discuss it with you. Although I
hope others do so first.
4. You apparently do not understand the basics. No offense but even
Dean who is not in love with the system apparently on ideological
grounds at least understands how it works. I suggest you go to this
site. . .
www.ssa.gov
then search on "Trust Fund" . Then if you want you can argue with
whoever you want about the non-existence of the Trust Fund(s). But not
me.

I also suggest you check out the CNN/Money , (then retirement) site
for a decent roll up of the real scope of the problem and what it and
OASD means for people in this country.

Good luck and I hope Ive left no hard feelings. Like I said before,
the anti social security propaganda and attempts to paint a crisis
picture have got in the way of a rational people taking a rational
approach to making needed adjustments in the most successful
sustainable retirement system in the Western world.

Dave

On Oct 30, 1:44*pm, DaveS wrote:
On Oct 30, 2:38*am, "

wrote:

Look Greg, I will cut to the chase because I want to get my ass on the
road and Ive got a ways to go.

1. You believe what you believe. I am not going to change what you
believe.
2. Your initial post had more than the initials SSI wrong with it.
3. Do some of the reading, and I will discuss it with you. Although I
hope others do so first.
4. You apparently do not understand the basics. No offense but even
Dean who is not in love with the system apparently on ideological
grounds at least understands how it works. I suggest you go to this
site. . .
*www.ssa.gov
then search on "Trust Fund" . Then if you want you can argue with
whoever you want about the non-existence of the Trust Fund(s). But not
me.

I also suggest you check out the CNN/Money , (then retirement) site
for a decent roll up of the real scope of the problem and what it and
OASD means for people in this country.

Good luck and I hope Ive left no hard feelings. Like I said before,
the anti social security propaganda and *attempts to paint a crisis
picture have got in the way of a rational people taking a rational
approach to making needed adjustments in the most successful
sustainable retirement system in the Western world.

Dave

So where are these Trust Funds and what do they consist of, Dave? Oil
leases? Real estate? Mutual funds? Gov't bonds???