Posts Tagged ‘Social Security’
Social Security strained to the limit: Democrats cheer
Big job losses, early retirements and SSA finds itself suddenly paying out more in a year than it collects. Trust me folks this is just a preview of coming attractions. It’s only going to get worse as the baby boomers flood the system. And before you sneer at the boomers, know this … these are…
Read MoreCompetition in health care? How about everywhere else too?
I’ve been thinking about this over the weekend, and AJ over at Strata-Sphere posted the same this morning. If competition is good for health care – so much so we need a “public” option – how about competition in public schools (vouchers) and for Social Security (private accounts)?
Read MoreSocial Security expecting no cost of living increase for two years
What the government gives, they can quickly take away. Last night senior citizens in the United States learned an important lesson; if there is no inflation, their Social Security payments stay the same as last year.
Read MoreSocial Security Administration spends $700,000 on empowerment conference Update: Video added
Yup, just another symptom of the disease. It was imperative that all 675 managers meet in person at the Arizona Biltmore – part of the Waldorf Astoria Collection.
Read MoreCongress wants your 401(k) tax breaks back
This is unbelievable. Since Congress has totally screwed up Social Security and refuse to do a damn thing about it, now they are looking for more cash to fund their out-of-control spending. Since we know we can not depend on Social Security for our retirement, many smart investors are depending on 401(k) accounts, IRAs and…
Read MoreBush plan to privatize Social Security still a good idea
There has been plenty of talk about how a significant chunk of retirement funds have disappeared during the past month or so, but that does not mean that we should not consider moving towards getting government out of the retirement funding business.
Read MoreIf you think $700 billion is nuts, wait for the Social Security rescue plan
I’ve been thinking about the bailout again. I’ve been busy, it makes me mad, so I write a little about it and leave it at that. Now I’m thinking about the next government emergency bailout – Social Security. It will come up on us quickly. It will be a crisis. We may only have days…
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