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Originally Posted by host
I challenge you to cite reputable sources to substantiate the claims in your post. This is the political forum. Your statements seem inappropriate for the level of discourse that is the norm that I observe on these threads.
Your assertions of "a governemnt who wastes TRILLIONS of dollars to handle your retirement", and the inference that the government will "take my money to use as a slush fund" seem false and absurd, if you are associating them with the current provisions of SSI, unless you reference your inflammatory statements with facts that can be examined for accuracy.
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These are not the people that I want to handle my retirement. Their track record of handling money has little to be desired.
The National Debt
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The Debt To the Penny
Current Amount
03/30/2005 $7,786,606,686,259.96
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The War On Waste
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"According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted.
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And yes our government uses the surplus from social security on other government programs.
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What's worse, the $738 billion in surpluses (excluding interest) generated from the tax increases since 1984 and increased taxes on Social Security benefits enacted in 1993 have been wasted on other government programs instead of utilizing these proceeds to fund the transition to a fully funded personal retirement accounts program.
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Social Security Slush Fund
I see no reason why I shouldn't be able to completely opt out from paying into social security as well as receiving any benefits. I'm smart enough to handle my own retirement. Tell the government you are too.