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  #16 (permalink)  
Old 09-18-2004, 11:21 AM
willys36@aol.com's Avatar
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Clyde died a few months after making the last movie. Can't run for office.

And you bring up a great topic in SSI. I sat down a few years ago and did some basic calcs on what would happen if that 15% of a person's income were personally invested and not stolen by the Feds. Assuming that a person only earned $20,000/yr and further assuming the 15% were invested after taxes in a modest 7-1/2% ROR vehicle (investment in programs by Vanguard, Fidelity, etc. easily earn 50% more than that), the person would retire a millionaire, the federal government would take in much more in taxes than they do now with far fewer places to spend it because virtually every retiree would be a millionaire, there would be so much investment capital available in savings in lending institutions that inflation would be an impossibility - in other words capitalism at its best. Unfortunate our elected representatives have again chosen the low road and turned it into a ponsi scheme for which any company or individual would be thrown in jail. They cheerfully severely weaken the financial strength of our country and the world so they can have our money to buy re-election and insure their 100% lifetime pension. Of course you realize they have exempted themselves from SSI. Instead of retiring with totally liquid assets in the $millions, we retire with a ~$1500/mo 'pension' (if we are lucky enough that there are still enough young'uns earning enough to give us their income) from our benevolent protectors.

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Last edited by willys36@aol.com; 09-21-2004 at 08:23 AM.
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  #17 (permalink)  
Old 09-18-2004, 07:56 PM
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Really Willys, thats interesting. I think you should a cabinet member for Nairb and myself.
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  #18 (permalink)  
Old 09-18-2004, 08:59 PM
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"Right turn Clyde"
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  #19 (permalink)  
Old 09-20-2004, 11:58 PM
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Thats it Clyde, anyone remember what year Rock the vote started?
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  #20 (permalink)  
Old 09-21-2004, 08:24 AM
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Quote:
Originally posted by Ghetto Jet
Really Willys, thats interesting. I think you should a cabinet member for Nairb and myself.
Only if I could be Secretary of the Treasury!
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  #21 (permalink)  
Old 09-21-2004, 08:54 AM
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You got it!
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  #22 (permalink)  
Old 09-21-2004, 09:07 AM
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Party name is easy;

Hotrodders
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  #23 (permalink)  
Old 09-21-2004, 09:23 AM
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willys check you PM box.
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  #24 (permalink)  
Old 09-21-2004, 10:48 AM
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I'd vote the Hotrodders ticket....


If we evolved from apes, why do we still have apes?
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  #25 (permalink)  
Old 09-21-2004, 10:52 AM
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or Jeff, or Doc, or...
 

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Willys-
You can't do that to Social Security!! What would have happened to the Drug Addicts and Alcoholics that were on SSI for "disablility" up until 1997? (Thanks George Sr! His & Rep. Congress legislation!)

Alcohol programs alone constitute 185 BILLION dollars in 1998. http://www.niaaa.nih.gov/publications/economic-2000/
This is AFTER we cut SSI payments to the drunks.

But this will "smoke your shorts".....
http://alcoholism.about.com/b/a/011988.htm

If ya can't handle booze or drugs, stay away from it. Personal responsibility should be MANDATED.
That my friends would cut taxes dramatically. Personal Responsibility !
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  #26 (permalink)  
Old 09-21-2004, 11:00 AM
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Quote:
Originally posted by Ghetto Jet
anyone remember what year Rock the vote started?
I think it was in '95 for the '96 elections. I worked for MCI at the time and they were a big sponsor. It was kind of messed up because some people (me included), thought that Rock The Vote registered you to vote, but it didn't. On election day, I couldn't vote because I wasn't registered. Gosh dawg was I possem'ed off!
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