Posted on August 14, 2012, in Advertising, Announcement, Art, campaign, Congress, Economics, election, ethics, government, history, News, Opinion, Politics, quote, Taxes, vote, Warning, Word from Bill and tagged August 14 1935, Franklin D. Roosevelt, Mitt Romney, Paul Ryan, Republican, Social Security, Social Security Act, United States. Bookmark the permalink. 2 Comments.
Bill Tchakirides
Would you believe that this old man in West Virginia was once a Broadway Producer, or a Commercial Food Photographer, or a Justice of the Peace, or a Font Designer, or even a Director of a major non-profit Arts Program on Cape Cod? Well, he was. Now he spends most of his time posting in the blogosphere and looking for things to do (retirement is a bitch).
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A note about YOUR COMMENTS. I accept comments from all sides... but I reserve the right to eliminate comments with offensive (to me) language and comments which promote causes or situations I believe to be criminal or worse. Also, please limit your comments to no more than three insertions... I'm less than thrilled with the same argument on any subject repeated more than three times. Continued posts complaining about me or my views without presenting a polite argument will get you on my Spam list.I cut unpaid advertising and absolute crap, too. Once you are cut and on the Spam list you are there forever. I don't even look at Spam posts, I just erase them... so please keep all arguments above board and avoid insulting the admittedly thin-skinned blogger, yours truly.
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I am a Liberal
"Liberals got women the right to vote. Liberals got African-Americans the right to vote. Liberals created Social Security and lifted millions of elderly people out of poverty. Liberals ended segregation. Liberals passed the Civil Rights Act, the Voting Rights Act. Liberals created Medicare. Liberals passed the Clean Air Act, the Clean Water Act. What did Conservatives do? They opposed them on every one of those things...every one! So when you try to hurl that label at my feet, 'Liberal,' as if it were something to be ashamed of, something dirty, something to run away from, it won't work, Senator, because I will pick up that label and I will wear it as a badge of honor." -- Matt Santos, The West WingMeta
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Lovely posters, by the way.
When only left in private hands, the people can be sure many shall be fooled and would not see their savings back at the end. If they want proof of that, ask them to look to the Belgian system where we have three mainstay systems.
The State Pension contribution does not bring in so much money.
Secondly there is the Tax deductible Pensionfund, where everybody has the choice either to choose to invest in funds, bonds, obligations, just safe savingaccount with interest or a mixture.
The company retirement schemes have proven that sometimes (not many) suddenly the company disappears or got broke, so those who paid in that scheme loosed all their savings. (Can you imagine!)
For those who want a bigger pension they are free to save in tax-deductible life insurances, which can give them some extra. This assures that a better income can be provided by those who can afford such a scheme.
Those who do not think that it is necessary to safe for later, at least are protect against calamities and against their own stupidity, and shall be able to receive some income from their State pension, instead of falling in a black hole or having to work for an income until death. As such when they will be older they shall not fall onto the community to take care.
The only problem Belgium is that retirement age is now brought up from 65 to 67 years, which for many professions is too old. In the European Union the danger exist that they want it even to bring up to 72 which is far too old, but then they do not have to pay so much out. In such case the private insurance companies their offer will be of much higher value.