Because of my own experience with market fluctuation, I recognize the great risks one takes on investments. This converts the Social Security safety net into a risky proposition many cannot afford to take.
quote by Grace Napolitano
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Related quotes
I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.
quote by Ron Chernow
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The Social Security trust fund is in pretty good shape today and we should not embark upon risky, dangerous schemes which will, in fact, undermine Social Security, such as privatization.
quote by Max Baucus
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However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.
quote by Ruben Hinojosa
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Sonnet-Avoid 'Caesars
Most new-born born are via Naturalis;
The modern wor1d has made `caesars' rampant!
More suff 'ring is followed by much more bliss;
Let’s follow Nature; Be not adamant.
All newborn go through most milestones always;
To some 'tis early; to some others late;
To skip them is unwise, experience says;
This is the truth of life, we've seen till date.
Great feats are done by taking giant risks;
Some risks could maim or take our 1ife away;
What matters if a Lamb frolicks or frisks?
We expect it to do just this some day!
If need be, then depart from Nature's code;
But only if we must and can afford.
poem by John Celes
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By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
quote by Mike Pence
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I think the market driven economic system is the most productive system, but to have that work in the world, you've got to also have social investments to go along with that.
quote by Mike Lowry
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Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts.
quote by Norm Coleman
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Social Security Reform
They have found an answer for social security
Put them in a nursing home, no liability
Medicaid and medicare will probably have to pay
Then they'll only live a year or two and become their prey
The nursing home corporations, will get rich
And the social security payments, they can ditch
Who's powerful enough to point a finger at them
Some politicians is where it all will stem
The corporations make large contributions
Giving social security great solutions
Let's change the laws and cap health care liabilty
And hurt the care in nursing homes, supposed to be tranquilty
I guess when people get old, they don't need a voice
After all it's not their own, it's the goverments choice!
poem by Donna Nimmo
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I agree that we must expand opportunities for retirement saving, but we must not undermine this worthy effort with a flawed privatization scheme that takes the 'security' out of Social Security.
quote by Mary Landrieu
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In other words, Social Security is every bit as insecure as the stock market.
I particularly recognize that reasonable people can disagree as to what that proper balance or blend is between privacy and security and safety.
quote by John Pistole
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Yes, prudently invested contributions to the Social Security fund may bring greater dividends, but those contributions would also face a greater risk. It would be like gambling. We should not gamble with the investments and the future of the citizens of this land.
quote by Daniel Inouye
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It has to have a payroll tax that's dedicated to Social Security. The Social Security tax has been very successful over the years in raising almost all of our elderly citizens out of poverty.
quote by James Roosevelt
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No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security.
Republicans are manufacturing a Social Security crisis that does not exist in order to dismantle Social Security.
quote by Diane Watson
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Even the Congressional Budget Office and the Social Security trustees appointed by the president say that Social Security is financially sound, without any changes for the next 40 to 50 years.
quote by James Roosevelt
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I have the highest number of Social Security recipients of any Member of Congress, and it is always good to hear about how women in their districts are affected by any changes, by the need for changes in Social Security.
quote by Ginny B. Waite
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The 1993 Social Security tax penalizes seniors who have planned for their retirement through savings, investment and hard work. That's wrong, and that's why the double tax on Social Security must end.
quote by Rob Simmons
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Social Security, for example - I'm 43. I've paid into the system. You know what? That money has been stolen from me. I know that my parents who are on Social Security - they've got to continue to receive it. They're dependent on it. It is their primary source of income.
quote by Joe Miller
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There's been a lot said about Social Security reform. What has been left out of the debate is the double tax on Social Security benefits. I believe it's time to get rid of a tax that punishes seniors and discourages work and retirement savings.
quote by Rob Simmons
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