Friday, October 10, 2008

No Money For Social Security

What is going to happen to Social Security for those who retire at 62 or older with all the SSID being given away? The way the government is throwing away money, it is looking more or less like there is going to be nothing left for those who work every day so they can retire with benefits.

The bailout cost $700 billion dollars and then the AIG company executives spent a week at a spa that cost $400,000. The bailout money was spent well don't you think? They needed the money so bad that when they got it, they needed to spend some of it to pleasure themselves. The rich getting richer is what I see. I have never been to a spa much less spent $150,000 for food for a week.

So the stock market is taking a dive and that is going to affect your 401K and invested pensions. So, what are you going to live on if social security is gone? Don't you think it is time to stand up and make the government accountable for all SSID claims they are paying? You better start looking out for yourself because the government is not going to do it.

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