In response to:

ObamaMiles Tax Coming Soon

sashamanda Wrote: Jan 17, 2013 10:06 AM
"Why should Social Security recipients get out more than they paid in?" New retirees are projected to be the first generation to have paid more into Social Security than they will get out.
Outajoint Wrote: Jan 18, 2013 11:52 AM
Congress moves that money to the general fund, then the a------holes can have buildings built with their friggin names on them, that is the smaller example. The SS money has been bled from the system for decades, DUH !!!!!
Jay Wye Wrote: Jan 17, 2013 10:24 PM
"Why should Social Security recipients get out more than they paid in?"
INTEREST on the money they paid in,is why.
if FEDGOV had invested the SS revenue in non-government stocks and bonds,then the interest would have been far better than what the gov't bonds "earned",and taxpayers would not have to pay that "earnings" in the form of higher taxes.
Jay Wye Wrote: Jan 17, 2013 10:26 PM
plus the overhead from FEDGOV "management" would have been far less with private retirement accounts.
Daddio7 Wrote: Jan 19, 2013 9:45 AM
I figure that if I could have bought gold with with my SS tax I would have 340 oz. Invested in the stock market about $640000. I never made more the $40000 a year.

Yet another "Trust Fund" is broke. This time, discussion involves an alleged "Transportation Trust Fund".

As with Social Security, there is no "Transportation Trust Fund", only a stack of unmarketable IOUs from one branch of government to another.

If there is any trust in the system, there shouldn't be, and soon won't be. Obama will surely see to that.

Grid Chicago reports Charging by the mile, a gas tax alternative, sees serious movement.

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