Liberal free for all coming to an end

[randolph]

Originally Posted by TracyCoxx

Kind of like in DO need social security because I can't afford to properly pay into my 401k because I'm required to put money into my social security.

Many people lost everything in their 401Ks. That doesn't happen with Social Security. Social Security is basically an insurance policy that is paid into in order to have at least some funds for old age. Privatizing SS would make it vulnerable to stock market fluctuations, an insane idea.

[franalexes]

A lot of people put what they had into a home; above and beyond what they could really afford, thanks to Barney Frank and his Fannie-May and Freddie-Mack. Not only are these people upside down on their mortgage but the housing market for those above water has been adversly affected.

So having housing connected to the government did not create a safety net. As you say," insane idea."
It is more of a black hole.

[TracyCoxx]

Originally Posted by randolph

Many people lost everything in their 401Ks. That doesn't happen with Social Security. Social Security is basically an insurance policy that is paid into in order to have at least some funds for old age. Privatizing SS would make it vulnerable to stock market fluctuations, an insane idea.

Well with freedom comes responsibility. You're free to choose your retirement plan, and responsible for the results. But this country isn't what it used to be either.