Question for Mitt Romney about Social Security

[Foxgar]

I am not specifically arguing against Paris Hilton's, just that inheritance like that is terribly unfair and unproductive. It was meant as a counter argument to people claiming their money is theirs, to prove that money isn't distributed on any ethical princable, so you can't really claim the money is yours in an ethical sense, only an economic.

[Foxgar]

Oh yes, our money is ours. Ethically I totally believe the 90 percent of millionaires who inherit their millions, and their children, and their children's children should live a cut above the rest of us because the economy is great at distributing wealth according to the highest ethical princables.

Lets face facts; you don't do anything to deserve your money more than the average Joe and neither do I.

[JeffersDodge]

There is a good argument for the negative effects of inheritance. I have seen so many spoiled brats that are very self-destructive. However, they represent a very small segment of inheritors. If the parents do the right thing they would set up the estate they leave for specific necessities like health insurance premiums, auto insurance, life insurance, education, and a down payment on a house only on the condition they have children.

[Mots0311]

wilburjr, why is it a good thing when the Government takes your money your whole adult life and gives a small portion back to you with strings attached at retirement? Its not the Governments money, its yours and mine that we earn.

[JeffersDodge]

This is one major difference between being Republican and being a Democrat. Social issues such as same sex marriage, abortion, global warming and surrender are Red Herrings to hide the real agenda which is to further reduce our liberties by imposing new taxes, fees, and penalties. Universal Healthcare is exactly the same thing as welfare and the ponzi scheme they call Social Security both of which are complete failures. Inhibiting competition in education is another major difference.

[Mots0311]

Agreed. But where are the Republicans these days on those same issues. Remember Republicans would not back up President Bush on Social Security reform. Whens the last time they even brought up school choice?

[IslamicReformation]

Good question... I am a republican.... But where are the politicians with conviction. Ron Paul is one... even so I do not agree with his foreign policies. God help us...

[Mots0311]

I'm right with you on that statement. I'm afraid there is something more to Ron Paul than meets the eye, although I do like his candor and ability to answer a question stright out, I respect his conviction but his attitude about world affairs is a little scary.

[wilburjr]

Social security is the only thing you get from your government that affects you positively and personally. If you had a 'personal account' there'd be nothing in it just like most people's 'personal' savings accounts. Please view searchword wilburjr-thanks.

[JeffersDodge]

By putting 15% of an average income of $9.60 p/hour into your mattress you would have $135,000 after 45 years. This is without earning any interest. If you were to have done this 45 years ago and invested in the S&P 500 stock index fund, (a diversified collection of 500 of the best stocks in the world) you would have more than $1,340,555.43. Now where did the money go in your scenario?

[wilburjr]

Rent and groceries.

[er1c175]

Gr8 comment i love your brain! It seems to me that the pepole of whom SOCIALize with americas elite will benifit from our SECURITY! It's the new U.S.S.R. Universal Social Security Ripoff! And it's not A Gott-Damn thang you can do aboutit!

[BenHameen1]

My dad has given me the same speech. Amen. I believe the government should lay off personal things like money, and let the people handle it themselves. Plus, when all of the baby boomers retire, we're all screwed... Something has to change. Good luck to you, sir.

[MrsClausRocks]

What is the next trillion dollar industry?

[MrsClausRocks]

Which candidate, if any, spoke out against sub prime lending.. Historically speaking that is, what does the records show us..?

[stinaandbill]

Hey, you're right! It's unfair!