Question by libsticker: What Happens When Republicans Force Us To Buy Individual Retirement Accounts If The Health Care Law Is Legal?
If Obama successfully defends the Health Care Law in the supreme court, then that Precedent is set for the Government to require you to purchase other things in the interest of the protecting the masses. So if your for health care, are you ready to make other purchases when the republicans follow up on that precedent down the road when they have control?
Best answer:
Answer by Chewy Ivan 2
Sure. Isn’t that what Republicans were trying to turn Social Security into last decade, before the stock market collapse of 2008 proved private markets are too unstable to base social engineering upon?
Add your own answer in the comments!
Liberal response: But, but, but….. THAT would be UNconstitutional!!! HA!
It’s a fair point. Republicans have been trying to give the social security fund to Wall Street for years. That would have been super keen 2H2008, huh?
They’ll steal the money (I mean loan it to themselves) tee hee. as the Democrats did to $ 4.5 Trillion of Social Security with one swipe of a hypocrites pen after a midnight vote.
Force is a set-up for a steal. We need choice, force steals choice along with everything else
Then use it for useless pet projects in order to buy elections, so these eternal politicos can repeat the treachery until they die of old age (in office).
Term limits of 6 years (with no repeats in any government position) now.
Democrats will probably say it is racist. I say this because this seems to be a theme they dredge up frequently when logic fails to support their arguments.
And never mind retirement accounts – South Dakota is debating a law requiring all adult citizens to buy guns, as we speak!
http://www.huffingtonpost.com/2011/02/01/south-dakota-individual-mandate-guns_n_816772.html
Because the Republicans are not proposing that. Instead they are proposing the the money currently being taxed be placed into individual retirement accounts instead of social security.
Not only does this protect the money from government looting – it is more fair to the taxpayer because this means that your benefits are directly porportional to your payments. Additionally, it is a much better financial deal for the taxpayer because – even at the worst of the stock market crash – a hypotetical retiree who had placed the same money in the stock market as they paid in SS taxes would retire with twice the income form the investments than their would get from SS.
From a financial perspective SS is one of the worst retirement savings plans there is.