Talk of The Villages Florida - View Single Post - I don't think either one is an idiot!
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Old 11-13-2011, 01:33 PM
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Quote:
Originally Posted by RichieLion View Post
Social Security was devised as a mandatory federal insurance program that was to be funded through payroll taxes called the Federal Insurance Contributions Act tax (FICA). The money is then handled by insurance trust funds.

Is "retirement insurance" a socialist program? It originally was supposed to be a fund that would grow with it own "trust" investments. Democrat administrations throughout the years raided these funds and now there is no actual "trust". It's paid out of General Fund monies as all payroll deduction that was to pay for this "insurance" is squandered on a daily basis by our government.

Still, the program is not optional. Money has been taken from me involuntarily for 45 years to provide this "retirement insurance".

So now if I collect on the government's promise I must march stiff legged at Red Square? I don't think so.
Are you sure it was raided purely by Democrat administrations? OK, so Social Security isn't in your definition of socialist. Glad to hear that. I can now feel no guilt when I start collecting.