| Social Security Is Hopelessly Broken |
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marotta
Senior Member
Cash: $ 81.84
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Joined: 19 Nov 2004
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| Social Security Is Hopelessly Broken |
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Social Security Is Hopelessly Broken (2005-02-14)
by David John Marotta
Social Security is neither a pension plan, nor a genuine trust fund. It has no assets, and it has always been a redistribution system from those who are working to the elderly. It is hopelessly broken and no small fix will solve the fundamental flaw.
Read the complete column at http://www.emarotta.com/article.php?ID=114
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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Wed Feb 09, 2005 3:47 pm |
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dej
Member
Cash: $ 1.15
Posts: 12
Joined: 12 Feb 2005
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Hi David,
Quick quesiton. I'm not necessarily against privitizing Social Security, but I am always one for a good debate.
Other countries have tried similar systems, and ended losing alot of money over time. How can we combat this?
Please take my survey about banking habits and preferences at www.iworkers.com !
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Sat Feb 12, 2005 10:30 pm |
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