Jg-some say pyramid scheme

Copyright © 2009 AmeriCareToday All agree to broaden the Social Security funding base by establishing an annual base line assessment or BLA; no more Social Security tax overpayments Current workers agree to honor current Social Security retiree obli-gations without revision until the day the retiree expires Current retirees agree to support creation of new individual Community Investment Retirement Accounts or ICIRAs for millions of working Americans Manage NEW (operative word) Social Security retiree obligations by initiating a thirty five year phasing out of NEW Social Security retiree obligations Establish new member owned Community Investment Pods, or CIPs in each of the 435 congressional districts across the United States Create a new source for funding local bonding needs, such as schools, bridges, roads, etc.: ACT eliminates the need for Wall Street Banksters The current 2.6 trillion dollar general revenue retirement liability created with our social security tax over payments becomes a contingent liability Establish a safety net, or insurance policy protect-ing against catastrophic losses in the workers new ICIRAs using the current $2.6 trillion of special obligation bonds Establish main street checks & balances to protect the people’s interests, and shield elected representatives from special interests Restore millions of working Americans as economic partners by creating retirement partnerships in their respective communities Social security received this much for every hundred dollars of your wages 13 Cents $4.00 If you made less than $106,800 In 2010 Social security received this much for every hundred dollars of your wages If you made 10 million In 2010 All About the Rest of the People 2 WWW.socialsecuritysolution.org If the ACT plan were in effect in 2010, Social Security would have received this amount from the plumber, the President and the CEO $8.40