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Originally Posted by lookout123
you ignorant SOB, have you even read my previous posts on the subject. it is the general opinion of most people in my field that a well designed and run Individual account system would make many of our clients less likely to invest additional $$ with us - thereby taking money OUT of our pockets, not putting more in.
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Ignorant SOB? Posting insults when caught lying again? Clearly your god would not approve.
Want people to invest more of their retirement income elsewhere? Lower the SS taxes. Reduce the number from about 15%. Simple solution without adding complex laws to an already bloated tax code. Just another solution that involes no financial advisors - ie stock brokers. Lookout123 could not recommend a simple solution that provides no profit.
Somehow we will divert SS money to the stock market - and stock brokers will get none of the business? Selling East River bridges again?
Need to fix Social Security? Make the government pay interest rates on the money taken from the Trust Funds. Just another simple solution that will not enrich stock brokers. Lookout123 does not like simple solutions. No profit. No wonder he posts insults. Honest logic from a stock broker?