Originally
posted by
SAM_DANGER:
SERIOUSLY, IF YOU WORK FOR A LIVING, TAKE 10.4% (OR 12.4% WHEN RATES GO BACK UP) OF WHAT YOU MAKE, THEN LOOK AT THAT STATEMENT YOU GET FROM THE SS OFFICE EVERY YEAR SHOWING WHAT YOUR EXPECTED BENEFIT WILL BE WHEN YOU RETIRE... ARE YOU REALLY GOING TO TELL ME YOU COULDN'T GET A BETTER RETURN ON YOUR INVESTMENT IF THAT 10.4 OR 12.4 PERCENT WAS IN YOUR OWN CONTROL INSTEAD OF IN THE HANDS OF THE POWER MAD FREAKS IN DC?
That's one of the reason's why I loved my 401k. Loved, in the past tense, because I haven't been able to contribute in a while. If I could opt out of SS, and put it all in my own 401k. I'd do it in a heartbeat.
Originally
posted by
SAM_DANGER:
MOST OF MY EMPLOYEES ARE FAIRLY YOUNG, AND CAN GET *VERY* CHEAP HSA PLANS ON THEIR OWN.
I've been working in a small company for almost 3 years now. When I joined there were about 11-12 employees. Now we're over 30 employees. They finally managed to get a company sponsored medical plan, instead of the state sponsored medical plan. I can tell you that the state sponsored one sucked. It was more expensive and covered less. With the new plans, which HSA is one of them; the HSA is FAR cheaper for all age groups, and the difference I used to pay, I'm putting in the HSA. It's a far better option for us.
Originally
posted by
Angel1:
For the record, I don't argue for Civil War or that we are headed for one. The US is headed for a constitutional convention, which is perfectly legal under the US Constitution. When 34 states apply for a convention, then a constitutional convention is called. Any amendment that comes from that convention must be ratified by 38 states to become part of the constitution.
We would have to have a number of states get fed up, and exert their states rights. For example, states can opt out of Obamacare, and they won't get financially penalized. If 5 states opt out, the others have to increase price. So it'll be a tipping point where it won't make financial sense to stay in it, since everyone's going to jump on "free healthcare". You'll have a handful of states paying for everyone. Bankrupting those states. But yes, once more states exert states rights, a Constitutional Convention can be more successfully called.
Those participating in the convention will be the state governors, and the state legislatures. NOT anyone from Congress. Besides they have such a piss-poor record and approval, I don't think ANYONE wants them in our Constitutional Convention.
Going back to Democracy vs Republic.
The American Colonists complained about "no taxation without representation". The British Monarchy said, "but you are represented, 'virtually' ". The Americans didn't buy it, the 'representatives' where appointed, they were not elected by the people. With today's current affairs, it almost feels like a large number of them are 'appointed' and not 'elected'.
In the American Constitution put many checks and balances in place. The Constitutional Convention is one of them; it hasn't been used in a LONG time.