By: Russell chadwell

Russell chadwell — Thu, 12 May 2016 00:45:00 +0000

I have not read the article but the title social security is something we truly need to fix and the fix is getting it out of the hands of the Congress. This body of politics does not have a clue on how to manage money our money. I have written to numerous “Progressive” sites with no response. It is congress that is destroying the social security, 1) they choose to STEAL 2 trillion form the right full owners of the fund. But because a provision was put in the original bill it allow for the robbery. Regan and Tip O’Neil did very little to help and put into place a tax on moneys already taxed with the lie it would go back into the system. 3) they use the same BS CPI that business used to prevent giving the wage earners any real increases. Let them go by bread or milk or make an office visit to for profit medical. No , we really plan on taking any real action to PROTECT SOCIAL SECRUITY- the 1st step is take it away form any control by congress. Next step is use the current SBA as the corner stone for the future. We would select people (working people) set up – when you can retire, set the amount that you should revive when you retire, the amount that you would contribute ( currently 6.8%? and our employers match that) In the future companies that fail to have a defined benefits package and or poorly funded 401K triple the amount to what the employee puts in. The surplus funds that we have should be invested in the best rate highest security finical instrument- this needs to be over seen by CBO. Congress must be forced to draw up a payment plan on the money they stole, failure to do so would personnel fines paid by the members who think they are to good and by the tax payers. failure to meet the schedule payment would be fined at 100% and compounded until payment is met. The new SBA again over seen by CBO but failure to carry out or oppose the wishes of those actively in the system can address these issues through the courts and through voting booth. The death check is an insult to the working people , so an insurance policy needs to be start tandem with the withholding of funds that would provide for a reasonable burial ( average now if 7K) Finally , there are many that die the day they retire or within a couple of years. Their moneys are automatically return to the fund- not in the future – we set a reasonable life time for survival after working all your life- same 10 years – if you pass prior to that they any moneys should go to your heirs at the higher level, if no heirs , if there is a will going to church, medical endeavor , school etc. then those funds should be allocated to such. This rude and not very well polished but its one man cry to start to change and we will never get anything fixed if we are fools enought to thing our congress will.

Comments on: Why Millennials Have the Greatest Stake in Social Security Expansion

By: Russell chadwell