I think I'll take a break and read that popular novel
"The Little Red Hen"

I wonder if Washington has heard of this book?

If so, they've really got it backwards....
 oh yea, we're talking politicians here!

Larry A. Barnes




-----Original Message-----
From: Steve Dirickson (Volt) [mailto:[log in to unmask]]
Sent: Thursday, July 26, 2001 2:18 PM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: Federal Budget Surplus....


> Dump Social in-Security while we've got a chance and put the
> money where it will better serve us when we need it.

No longer possible. Yes, we all know that SS was not designed to be a
retiree's sole retirement savings plan, and that the retirement-savings
aspect of SS was supposed to be a secondary component. Whether we like
it or not, millions of people have *nothing* saved to support their
post-retirement lifestyle, and SS is going to be the only thing keeping
millions of people from being a 100% drain on public-support facilities.

I think the best we're likely to see is some kind of "matching" program,
where every net dollar you put aside in a given tax year (as reported on
your 5498s) produces a dollar of refund from SS. That way people who
won't manage their retirement savings remain covered, but people who
want to manage their own plan can do so.

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