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homestead - Re: [Homestead] Social Security 2005

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  • From: "Lynda" <lurine AT softcom.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Social Security 2005
  • Date: Sat, 11 Dec 2004 10:50:03 -0800

What is bringing down the system are politicians that keep raiding the
system and not putting the money back or what would have been earned by the
money! Why would anyone think they will do anything different with any
other money they get their hands on?

Lynda
----- Original Message -----
From: Gene GeRue <genegerue AT ruralize.com>
>
> The government would essentially borrow at 2 percent in real terms, invest
> that money through regulated private accounts in the market and get a
> return, based on conservative historical averages, of about 4.6 percent.
> Those returns would, over time, cover the $11 trillion in liabilities that
> threaten to bring down the system.






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