Privatizing Social Security
By Bruce Allison
As Congress is deciding how to pay off the national debt by using the surplus funds of Social Secuirty, U.S. Senator Dianne Feinstien of CA along with a few other senators came up with the idea of privatizing Social Security. The bill number has already been catalogued as S 276. This will set up a commission that will study the possibility of researching Social Security and find the best way for privatization. For a person like myself who has trouble balancing his checkbook, the possibility of setting up my own pension plan is a nightmare.
I can also picture seeing infomercials in the future where they will teach you how to handle your social security. But tis is a hardship for most people. Not only will they avw to pay $200 o r more to this crook, so that this will have to be done monthly as to you have to py your social security by using the stock exchange. So this is not a good system. We will not only be robbed by this guy, but also paying brokerahe fees for the transfer and trading of stocks and bonds at a minimum of 2%.
I had learned about this bill from a m etting I went to of the Gray Pnthers of San Francisco. So this will be the start of the debate to immediately stop this bill. If you’re interested in stopping this bill, go to Facebook Group, StopS376. Type this into your Facbook where you will find this group. If you’re interested in debating it, sign on to the group and write your comments on “the wall.” Presently, there’s no picture on this group due to lack of time of the group moderator.
Please write to this immediately.
Yours truly,
Bad News Bruce