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RE: May Day and Social Security


>From: Marwan Jabbour

>>>>2. A moratorium on all new disability payments. (disability insurance, AD&D;, etc. are available from the private sector and are relatively affordable)

Disablity premiums are financially prohibative for many families, and many do not qualify for medical reasons. Will the gov't subsidize a DI pool?

>>>>3. Payments to retirees that are not in dire need of the benefits will desist.

Attn Richard Arsinow: another privatizer in favor of means-testing.

>>>>4. Payments to disabled Americans that are not in dire need of the benefits will desist.

Those who made 'premium payments' will now be denied benefits? What kind of 'free market' philosophy is that? Remember, these people were 'forced' into paying premiums to the gov't.

>>>>5. All Americans born since 1945 are ineligible for Social Security benefits.

Great. Somebody who is 55 and has been unable to save partly because he has had to pay FICA all these years is screwed. The 35 years since he was 20, in which he could have taken advantage of the 'magic' of compound return, are now behind him. Not a chance in the world something like this could pass.

>>>>7. All eligible Americans born between 1934 and 1944 will be paid benefits without adjustments until 2020.

Again, you are dreaming if you think Uncle Sam will cut off benefits to somebody in their 'golden years' like this.

>>>>8....If these funds prove to be inadequate then the remainder of the funds will have to be diverted from other social welfare programs or Congressional and Executive salaries (for elected officials).

Are you actually trying for SS reform, or just trying to p*ss off the politicians so that it will never happen?

>>>>This will ensure that we will eliminate the system completely within twenty years. It allows those who have paid the longest to receive some benefit and the Americans born since 1945 should have enough saved to allow them to live comfortably in retirement. If they have not saved enough, they will have to work beyond retirement.

I thought it was difficult to have a private savings account because of what SS takes from the worker? If so, how is the person born in 1945 supposed to have saved?

>>>>Look at the world around you . . .more and more countries are celebrating this Socialist-Communist holiday.

I think you need to keep up on current events. Actually, Communism-Socialism is at a low ebb for the 20th century. SS does not make the US a socialist country.

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