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The Rangel SSA Fix Plus a Private Plan add on to SSA

"THE ESSENCE OF CIVILIZATION IS , THE STRONG HAVE THE DUTY TO PROTECT THE WEAK. WE SHOULD ALWAYS ERROR ON THE SIDE OF LIFE. ".…GEORGE W. BUSH on 03/ 31/05

So says our inferious leader



Let's stop thinking like a poor man, why have 1 SSA plan that may or may not yield a profit, when you can have 2 plans that will both be profitable. Why take a risk that in normal circumstances a NASD registered securities sales professional would not sell to you. The Bush plan is A BOONDOGGLE. Any one who has passed the " series 7 "
knows this is an " inappropriate investment " for the majority of seniors. This is not privatetization it is a BOONDOGGLE rip-off, of the American public. This plan is PORK for the F.O.G. on wall street.
Study the Rangel plan it will produce double the income for the retiree that the Bush plan will.



WE NEED MORE CUSTOMERS




SSA has done its job and much more the RNC has been trying to load the program up with all the debit they can toss on and it won't die. Now is the time to add an extension to the safety net. The Rangel Fix Plus addition should make retirement poverty obsolete. We must take action now to fuel the economy of the next century. The Rangel Fix private plan if implemented would add the needed fuel. Note retirement savings start at issuance of the SS card near birth. We may not be able to solve all of our problems but we can , and should fix the problems for the following generations

We Are All Americans And We All Live In America

Compare Bush's plan to this plan to fix SSA and create a extension to the SSA safety net.


THE  RANGLE  FIX


This is the simplest fix of a large group of patches available. Due to the fact that the number of live births is at 4 million per year and, rising a patch is all that is needed. The Presidents Plan does not fix the short fall, and it produces 3 to 4 trillion in new debt.


 


 All the Presidents speeches and all the presidents talking heads can’t pay the bills of the boomer’s. No amount of F.O.G. SPREAD THROUGH OUT THE COUNTRY, to confuse and confound the issue will fix the short fall. The only way to correct the imbalance is to pay the tab. The solution is going to cost money. Any one who tells you different is LYING TO YOU. THIS IS LIFE THE REAL MASHUGENA .


 


THERE ARE OVER 50 MILLION PEOPLE WHO WILL FALL OFF THE RADAR


 


OF THE ECONOMY IF THE SSA TRUST FAILS. This is 1/5th of our population. If there is one among you who thinks that won’t cause a recession on it’s own, then he/she is living in a fantasy world. The SSA TRUST must be stabilized, then MEDICARE and MEDICADE can be dealt with.


 


 The simplest way of doing this is the Rangle plan. 1.89 to 2 % increase in the FICA Tax . This amount is ~ 13.79 @1.89% per week per worker @ 35k/yr salary. Simple to start and easy to repeal when no longer need. This plan will only by time to deal with MEDICARE and MEDICADE. As a result the SSA Trust will be stable .


 


SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT.


 


• This is in addition to the SS FICA


 


• There is a higher limit on the annual contribution say 20k dollars/year.


 


• The FICA salary cap shall rise to  $140,000.00 .


 


• The money is exempt from state and federal tax.


 


• The money grows  tax free


 


• The money can be available from say 59 to 64 on, as a monthly pay out over 30 years.


 


 


• THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY  PERPUS OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN’s"  LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY  WILL BE PERMITTED BY THE U.S. GOVERNMENT.  THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL  US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED .


 


 


• The operation of the "private plan" should mimic the operations of a bond mutual fund.


 


• Interest compounding and, pay outs should be made quarterly .


 


• A  $ 3.00  minimum  per  week  contribution  with  a $20,000.00  yearly maximum .


 


• Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books .


 


• All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported .


 


• The total of all deposits will show up on the W - 2 form .


 


• The amount to be deposited via weekly payroll deduction should be easily changeable, up or down .


 


• The interest paid is as close to the coupon as clipped value as possible


 


• Once the agreed upon retirement age is reached the right to start, stop and restart  benefit pay outs should be available.


 


• Each baby born an American Citizen at the issuance of his / her SS card will have 3.00 dollars deposited into his / her private plan, as a one time retirement  grant.


 


The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further  increase  the additional income provided by the " private plan "


 


 


The power of large scale buying of bonds can reduce the fixed cost of the operation to the .5 % to .2 % level.


 


This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON.


 


This plan will enhance the savings rate in the country.  The number of seniors on welfare will decline .  The spending power of seniors will start rising just as the population starts to gentrify.  As the baby fizzle of the, late 70's early 80's,  moves to the workforce center stage,  the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth.  The pre-tweens will have at least a chance to establish themselves as an economic force.  The number of seniors retiring to poverty should begin to approach  0 , because of the doubling of the safety net benefit.  This plan has one goal  to produce more customers.  This country needs more customers with money.  GROW  OR  DIE

April 07, 2005 in Social Security | Permalink | Comments (0)

test

Deficit Chart
Budget_deficitchart

March 30, 2005 in Bush | Permalink | Comments (0)

BUSH BASHES VETS BENEFITS what Bush realy thinks about vets

BUSH SHOWS REAL FEELINGS ABOUT VETS
The 2006 budget is the tell all document of the Bush administration. For buried within it's pages are the real values of the Bush administration. Where Bush spends his dollars truth can be found and all lies and deceptions are laid waste click and read …http://story.news.yahoo.com/news?tmpl=story&cid=519&ncid=703&e=7&u=/ap/20050319/ap_on_re_us/democrats_veterans_benefits….




Download bush_cuts_vets_.pdf

March 19, 2005 | Permalink | Comments (0)

The Holocaust Watch


The following Senators have voted to give their approval to massive SSA benefit cuts and or massive increases in the national debit to deal with the SSA Trust potential short fall. They had this amendment to consider and they voted no from the congressional record page CR S2747

SA 145. Mr. NELSON of Florida (for himself and Mrs. Clinton) proposed an amendment to the concurrent resolution S. Con. Res. 18, setting forth the congressional budget for the United States Government for fiscal year 2006 and including the appropriate budgetary levels for fiscal years 2005 and 2007 through 2010; as follows:



On page 65, after line 25, insert the following:



SEC. .. SENSE OF THE SENATE IN SUPPORT OF SOCIAL SECURITY.



It is the sense of the Senate that Congress should reject any Social Security plan that requires deep benefit cuts or a massive increase in debt, and a failure to act by 2042 would result in deep benefit cuts; therefore Congress should take action to address Social Security solvency.



These are the NO VOTES ARE ANY OF YOUR SENATORS HERE





Alexander (R-TN)……………Kyl (R-A)……………... Thomas (R WY)

Allard (R-CO)………………. Lott (R-MS)…………… Thune (R-SD)

Allen (R-VA)………………… Lugar (R-IN)…………. Vitter (R-LA)

Bennett (R-UT)……………. Martinez (R-FL)……….. Voinovich (R-OH)

Bond (R-MO)………………. McCain (R-AZ) …………Warner (R-VA)

Brownback (R-KS)………... McConnell (R-KY)

Bunning (R-KY)……………. Murkowski (R-AK)

Burns (R-MT)………………. Roberts (R-KS)

Burr (R-NC)………………… Santorum (R-PA)

Chafee (R-RI)……………… Sessions (R-AL)

Chambliss (R-GA)…………Shelby (R-AL)

Coburn (R-OK)……………. Smith (R-OR)

Cochran (R-MS)…………... Stevens (R-AK)

Coleman (R-MN)…………. Sununu (R-NH)

Cornyn (R-TX)…………….. Talent (R-MO)


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March 17, 2005 | Permalink | Comments (0)

CHECK OUT YOUR SENATORS VOTE AND E-MAIL 0R CALL HIM/HER


SENATE NAMES E-MAIL ADDRESSES

March 17, 2005 in Social Security | Permalink | Comments (0)

THE HOLOCAUST BEGINS

THE HOLOCAUST BEGINS CHECK OUT THE VOTE ON CUTTING THE BENEFITS OF THE RETIRED PEOPLE.
LETS MAKE THEM POORER, THAT IS THE CHRISTIAN WAY. THE LIST OF THOSE NOT TO VOTE FOR,

Download vote_on_ssa_sen.pdf

March 17, 2005 in Social Security | Permalink | Comments (0)

THE RNC SPEAR IS AT OUR THROAT


Many people are focused on the wrong end of the spear, we must see it all, end to end in it's entirety. There are 20 million plus seniors who live on their SSA benefit. Why don't you propose putting them down like used up live stock , that is a more humane solution. The morons in congress who can't use a calculator or their brains are a secondary concern of mine. Only a half wit would come up with a plan like Bush's . Figure it out there is some thing going on and they are not talking. A pile of puppy dung like the Bush plan is supported by of all people Greenspan ??? This plan will make some winners and many more losers. The insidious evil that concocted this abortion would never find a job at SMITH BARNEY, OR MERRILL as a certified investment adviser , if it was known that he had been selling 50 % margin primary retirement accounts to people who could only afford one plan. This dummy would end up in club Fed on a 20 year vacation. If Bush were a C.E.O. of say MERRILL and he was jetting about the country giving the Bush stump speech, as a sales pitch for his companies investment products, he would be looking forward to a twenty year stay in club Fed.




My plan will with the current SSA benefit will start to produce retirees worth a million in cash equivalent assets. I am not talking about the wealthy just gaining more wealth I mean electricians with a 401k , SSA and a private safety net plan. Imagine retiring with a yearly income close to your pre retirement income. This man can be a effective customer, he can buy things , the things he buys would create jobs for other people the younger workers .WE NEED CUSTOMERS, MORE CUSTOMERS WITH MORE MONEY. If we stop growing we will start dieing. Look all of Bush's friends ( the F.O.G. ) HAVE MADE GREAT PROFITS ON THE BUSH PRESIDENCY, WHY CAN'T WE . What good is a retiree who can't buy enough food for a month . he is not going to be buying a new computer any time soon. Of course he may live in an apartment or on the street, but as far as the economy is concerned he is useless. He buys only food and the bear essentials. This is no joke you are talking about the food that some people won't be eating . You are talking about the houses that will be without heat in the dead of winter . I am not talking about IDEOLOGY I AM TALKING ABOUT SURVIVAL . Ideology means nothing to me just as the minion in congress I view as so much garbage. Mindless idealogs walking in lock step with out a thought to the beat of the RNC drum.




The RNC controlled Congress is on the path to commit the worlds largest HOLOCAUST. HITLER will be supplanted as the mass murder's ultimate murderer , using the law as their weapon of choice, millions living on the edge now will suffer and die a slow miserable demise, and WE ALL WILL HAVE A RING SIDE SEAT IN THE COLISEUM. Watch your neighbors die one by one, see the under medicated conditions turn life threatening , see what a 600 calorie per day diet can do up close and personal, as friends fade away . This is what the Bush SSA Reform plan can do for us. Can the lady living in her car with 2 kids keep her job her reduced SSA check, keep the kids in school, and find a place to stay before HHS Child Welfare catches up to her, and takes the children. Is this the vision of a true Christian leader , one who is guided by his Christian values. Yes the RNC bible says " if you are poor and living on SSA benefits a good CHRISTIAN should cut your benefits if it is incontinent to maintain them" This is in the interests of the all mighty DOLLAR .


March 16, 2005 in Social Security | Permalink | Comments (0) | TrackBack (0)

The Rangle SSA fix


THE  RANGLE  FIX


 


This is the simplest fix of a large group of patches available. Due to the fact that the number of live births is at 4 million per year and, rising a patch is all that is needed. The Presidents Plan does not fix the short fall, and it produces 3 to 4 trillion in new debt.


 


 All the Presidents speeches and all the presidents talking heads can’t pay the bills of the boomer’s. No amount of F.O.G. SPREAD THROUGH OUT THE COUNTRY, to confuse and confound the issue will fix the short fall. The only way to correct the imbalance is to pay the tab. The solution is going to cost money. Any one who tells you different is LYING TO YOU. THIS IS LIFE THE REAL MASHUGENA .


 


THERE ARE OVER 50 MILLION PEOPLE WHO WILL FALL OFF THE RADAR


OF THE ECONOMY IF THE SSA TRUST FAILS. This is 1/5th of our population. If there is one among you who thinks that won’t cause a recession on it’s own, then he/she is living in a fantasy world. The SSA TRUST must be stabilized, then MEDICARE and MEDICADE can be dealt with.


 


 The simplest way of doing this is the Rangle plan. 1.89 to 2 % increase in the FICA Tax . This amount is ~ 13.79 @1.89% per week per worker @ 35k/yr salary. Simple to start and easy to repeal when no longer need. This plan will only by time to deal with MEDICARE and MEDICADE. As a result the SSA Trust will be stable .


 


SOME BASIC REQUIREMENTS FOR A PRIVATE ADDITION TO THE SSA BENEFIT.


 


• This is in addition to the SS FICA


 


• There is a higher limit on the annual contribution say 20k dollars/year.


 


• The FICA salary cap shall rise to  $140,000.00 .


 


• The money is exempt from state and federal tax.


 


• The money grows  tax free


 


• The money can be available from say 59 to 64 on, as a monthly pay out over 30 years.


 


• THE CONGRESS IS PRECLUDED FROM ANY FORM OF BORROWING FROM THIS ACCOUNT, THE EXECUTIVE BRANCH IS PRECLUDED FROM ISSUING ANY PROCLAMATIONS OR EXECUTIVE ORDERS ATTACHING OR USING THESE FUNDS FOR ANY  PERPUS OTHER THAN THE BENEFITS OF THE OWNERS . FURTHER THERE WILL BE NO COMMINGLING OF THESE FUNDS WITH ANY OTHER AGENCY OR BRANCH OF THE U.S. GOVERNMENT. NO LIEN OR ATTACHMENT OF THE "PRIVATE PLAN’s"  LEGALLY OBTAINED AND DEPOSITED FUNDS BY ANY COURT, JUDICIAL ENTITY, OR ENTITY  WILL BE PERMITTED BY THE U.S. GOVERNMENT.  THESE FUNDS WILL BE INVESTED AND MANAGED AS A BOND FUND. THE OBJECTIVE WILL BE OPTIMUM LONG TERM YIELD . ALL  US GOVERNMENT ISSUED AND GUARANTEED OPENLY TRADED US GOVERNMENT BONDS AND NOTES , OF ALL MATURITIES SHOULD BE USED AS NEEDED .


 


• The operation of the "private plan" should mimic the operations of a bond mutual fund.


 


• Interest compounding and, pay outs should be made quarterly .


 


• A  $ 3.00  minimum  per  week  contribution  with  a $20,000.00  yearly maximum .


 


• Extra deposits should be accepted via inter bank money transfers or EFET deposits to the account, also deposits can be made at any bank cash or check . Subject to the prevailing money laundering laws on the books .


 


• All deposits will be tracked by SSA and reported to the IRS as exempt income ( not taxable ) but reported .


 


• The total of all deposits will show up on the W - 2 form .


 


• The amount to be deposited via weekly payroll deduction should be easily changeable, up or down .


 


• The interest paid is as close to the coupon as clipped value as possible


 


• Once the agreed upon retirement age is reached the right to start, stop and restart  benefit pay outs should be available.


 


• Each baby born an American Citizen at the issuance of his / her SS card will have 3.00 dollars deposited into his / her private plan, as a one time retirement  grant.


 


The Idea here is to reach the first $ 1000.00 in the account A.S.A.P. . For a new worker entering the work force and, living at home with his /her parents making extra deposits as savings would make for an comfortable retirement . When this worker moves up the pay scale increasing the weekly deposit and or making extra deposits will further  increase  the additional income provided by the " private plan "


 


The power of large scale buying of bonds can reduce the fixed cost of the operation to the .02 % to ,01 % level.


 


This plan has the potential to transform the idea of retirement living. This plan can double the safety net for new workers entering the labor pool. In order for us older folks to take advantage of this system we would have to increase the amount of our initial deposits. The best use for us older folks would be an cash trap , say after the sale of a house, what should you do with 50k excess profit ? shelter 20k , and let it turn into over $159,000.00 in 15 years . That points to the 6 trillion dollar question, why has not the brain trust that Bush has assembled figured this out . Is there some other reason why some thing like this is not on the table and, up for debate . There is some thing going on and they are not talking. WILL SOME ONE IN THE ADMINISTRATION PLEASE TELL THE TRUTH, WHAT IS GOING ON.


 


This plan will enhance the savings rate in the country.  The number of seniors on welfare will decline .  The spending power of seniors will start rising just as the population starts to gentrify.  As the baby fizzle of the, late 70's early 80's,  moves to the workforce center stage,  the spending power of the retied will be on the rise. To days pre-tweens will be entering the work force with their greater numbers and, will have spending support to maintain job growth.  The pre-tweens will have at least a chance to establish themselves as an economic force.  The number of seniors retiring to poverty should begin to approach  0 , because of the doubling of the safety net benefit.  This plan has one goal  to produce more customers.  This country needs more customers with money.  GROW  OR  DIE
Download the_rangel_plan_pluspriplan.pdf

March 16, 2005 in Social Security | Permalink | Comments (0)

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