Update: 4/10/2013
**************************************************************************
Previous Publication 2/5/05 ALT MSN Groups website (defunct)
**************************************************************************
Saving Private
Citizen.... The American people should be thankful for re-electing President
Bush for four more years. It's a big challenge to change the people's
mindset and he's the only one that can push for the reform of the ailing
social security created 70 years ago by FDR. It's about time and the
right time. Unlike the Democrats, President Bush has a
plan.
"Don't plan to do it at the 11th hour - You may die at 10:30."
When I bought my own house some years ago
and became a new homeowner, I did not know a hell of a thing about
it. I've lived in a townhouse before that and the homeowners' association
took care of everything. I just happily lived, ate and danced inside
my private castle. Then one day I came home from work to a
flooded basement. My water heater broke down and did not know what to
do. As I said, I did not know a thing and I was confused. Well,
there's no one to blame but me. I did not plan because it's working
and it's there. The same thing with social security. But our beloved
President Bush is smart and has a plan. He's planning ahead for his fellow
Americans and young workers of America in checking, maintaining and if
necessary, overhauling the social security engine. He studied the plan and
he's open to suggestions of many smart and bright people inside and outside his
administration.
and became a new homeowner, I did not know a hell of a thing about
it. I've lived in a townhouse before that and the homeowners' association
took care of everything. I just happily lived, ate and danced inside
my private castle. Then one day I came home from work to a
flooded basement. My water heater broke down and did not know what to
do. As I said, I did not know a thing and I was confused. Well,
there's no one to blame but me. I did not plan because it's working
and it's there. The same thing with social security. But our beloved
President Bush is smart and has a plan. He's planning ahead for his fellow
Americans and young workers of America in checking, maintaining and if
necessary, overhauling the social security engine. He studied the plan and
he's open to suggestions of many smart and bright people inside and outside his
administration.
Investing Private
Money.... Here's another true story why I'm for the
semi-privatization of social security by privately investing part of the
payroll. Some years back, I used to work with a lab co-worker and I'd
see her at coffee break reading the financial report page of the
newspaper. Although she did not know much about stocks and bonds she
was braved enough to dabble in the stock market and tried to be
more knowledgeable through the years. She probably made a killing in
the 90's - she's now a millionaire and owner of a lab company. Here I
am, poor as a mouse with nothing but a computer to keep me company
alright! I was listening to President Bush's State of the Union address
and I was impressed by his excellent plan. For a start, the benefits of 55
and older will be safe and secure. Untouched! The investment
portfolio will be conservative and not placed in aggressive funds. One of
my dear friends told me those investment companies and financial advisors
will just "screw" you. That's why young investors should be protected by
the social security plan of President Bush with regard to fees and investment
rules. There should be some kind of training for these young
workers at their jobs on how to manage their investments. David Roper
told the tale of a stockbroker who encountered a genie on the way to the
office. When offered a wish, the man asked for and received a copy of his
local newspaper dated one year into the future. He hurriedly turned to the
financial page, hoping to "make a killing" in the market. But he found
more than he bargained for. On the opposite page he saw his picture in an
obituary describing his death in an automobile accident the preceding
day.
Money.... Here's another true story why I'm for the
semi-privatization of social security by privately investing part of the
payroll. Some years back, I used to work with a lab co-worker and I'd
see her at coffee break reading the financial report page of the
newspaper. Although she did not know much about stocks and bonds she
was braved enough to dabble in the stock market and tried to be
more knowledgeable through the years. She probably made a killing in
the 90's - she's now a millionaire and owner of a lab company. Here I
am, poor as a mouse with nothing but a computer to keep me company
alright! I was listening to President Bush's State of the Union address
and I was impressed by his excellent plan. For a start, the benefits of 55
and older will be safe and secure. Untouched! The investment
portfolio will be conservative and not placed in aggressive funds. One of
my dear friends told me those investment companies and financial advisors
will just "screw" you. That's why young investors should be protected by
the social security plan of President Bush with regard to fees and investment
rules. There should be some kind of training for these young
workers at their jobs on how to manage their investments. David Roper
told the tale of a stockbroker who encountered a genie on the way to the
office. When offered a wish, the man asked for and received a copy of his
local newspaper dated one year into the future. He hurriedly turned to the
financial page, hoping to "make a killing" in the market. But he found
more than he bargained for. On the opposite page he saw his picture in an
obituary describing his death in an automobile accident the preceding
day.
Saving for the Future.... Because we are living longer and longer. Who knows what the
future will bring? Life is uncertain and we might die tomorrow without
getting anything from what we have put in the social security system.
Being afraid of not knowing how to invest and managing our own money is not
always rational. Frank Farley, a Temple University psychologist says, "We
often appraise risk inaccurately. One of the problems is we overvalue
unusual events." Statistically, we are still at a greater risk getting to
an accident while driving a car and losing our lives than losing money in the
ups and downs in the stock market of Wall Street. Don't be like the
Democrats of Congress - it's a fact their social security is different
from us private citizens. They have their own retirement
plan. What a plan, indeed! Only President Bush cares for our future and
our children. He wants us to be wealthy, self-sufficient and progressive
and not obligated to the government just like what the Democrats
wanted.
future will bring? Life is uncertain and we might die tomorrow without
getting anything from what we have put in the social security system.
Being afraid of not knowing how to invest and managing our own money is not
always rational. Frank Farley, a Temple University psychologist says, "We
often appraise risk inaccurately. One of the problems is we overvalue
unusual events." Statistically, we are still at a greater risk getting to
an accident while driving a car and losing our lives than losing money in the
ups and downs in the stock market of Wall Street. Don't be like the
Democrats of Congress - it's a fact their social security is different
from us private citizens. They have their own retirement
plan. What a plan, indeed! Only President Bush cares for our future and
our children. He wants us to be wealthy, self-sufficient and progressive
and not obligated to the government just like what the Democrats
wanted.
Hope can be ignited by a spark of
encouragement.
-Hebrews 3:13
For A. L. T.
Publication - A. L. T. Money web page
Publication - A. L. T. Money web page
SOCIAL SECURITY:
ReplyDelete(This is worth reading. It is short
and to the point.)
Perhaps we are asking the wrong questions during election years.
Our
Senators and Congresswomen do not pay into Social Security and, of
course,
they do not collect from it.
You see, Social Security benefits
were not suitable for persons of their
rare elevation in society. They felt
they should have a special plan for
themselves. So, many years ago they
voted in their own benefit plan. In
more recent years, no
congressperson has felt the need to change it. After
all, it is a great
plan.
For all practical purposes their plan works like this:
*
When they retire, they continue to draw the same pay until they die.
Except
it may increase from time to time for cost of living adjustments..
For example, Senator Byrd and Congressman White and their wives may
expect to
draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand
Dollars),
with their wives drawing $275,000.00 during the last years of
their
lives. This is calculated on an average life span for each of those
two
Dignitaries.
Younger Dignitaries who retire at an early age, will
receive much more
during the rest of their lives. Their cost for this
excellent plan is
$0.00. NADA....ZILCH.... This little perk they
voted for themselves is
free to them. You and I pick up the tab for
this plan. The funds for this
fine retirement plan come directly from
the General Funds; "OUR TAX
DOLLARS AT WORK"!
From our own
Social Security Plan, which you and I pay (or have paid)
into,-every payday
until we retire (which amount is matched by our
employer)-we can expect to
get an average of $1,000 per month after
retirement. Or, in other
words, we would have to collect our average of
$1,000 monthly benefits for 68
years and one (1) month to equal Senator
Bill Bradley's
benefits!
Social Security could be very good if only one small change
were made.
That change would be to: Jerk the Golden Fleece Retirement
Plan from under
the Senators and Congressmen. Put them into the Social
Security plan with
the rest of us then sit back..... and watch how fast
they would fix it.
If enough people receive this, maybe a seed of awareness
will be planted
and maybe good changes will evolve.
How many people
can YOU send this to? Better yet..... How many
people
WILL you send this to you
Lulu emailed
this!
We must take down the names of Congressional members against saving social
ReplyDeletesecurity and kick them out of office in 2006 and 2008. By the way, we hope
your desperate neighbor made up with her husband.