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View Diary: Ed Rendell Fails to Disclose ... you name it (83 comments)

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  •  Yes and no. It is insurance in the sense that you (2+ / 0-)
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    jamess, on the cusp

    Have to live to collect it.  It isn't an IRA that you can leave to beneficiaries of your choice.  Some people collect way more than they paid in, others much less, some nothing due to premature death.  yes, there are survivors' benefits, but it is carefully circumscribed.

    The scientific uncertainty doesn't mean that climate change isn't actually happening.

    by Mimikatz on Sun Apr 14, 2013 at 02:45:35 PM PDT

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    •  his point still holds (3+ / 0-)
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      BrianParker14, on the cusp, hannah

      Insurance companies want their cut and they don't appreciate the competition with their whole life plans.

    •  Stolen productivity/wages. (5+ / 0-)

      Had we been paid consistent w/the growth of productivity, had we been paid commensurate w/the growth of earnings of corporate CEO's.  

      Sure it's insurance, but it was also intended to reflect our wage growth (which has been stolen).  

      Raise the cap. Cap payouts for those who have already stolen our wage growth.  And please, PLEASE don't use Frank Luntz' corrupt term that it would turn SS into a welfare system.  That's exactly what Pete Peterson paid for, that distorted, perverse misuse of the English language.  

      "I freed a thousand slaves, I could have freed a thousand more if only they knew they were slaves" Harriet Tubman

      by BrianParker14 on Sun Apr 14, 2013 at 05:14:00 PM PDT

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