Monday, August 27, 2012

How to Unravel Social Security



PO Box 130
West Shokan, NY 12494
August 27, 2012

Mr. Chris Gibson, congressman
House of Representatives
502 Cannon HOB
Washington, DC 20515

Dear Mr. Gibson:

Here's an idea to help solve the federal government's Social Security conundrum.  Why not allow those who have been (and whose employers have been) compelled to contribute to it to request a refund of employee and employer contributions without interest?  The result may be a win-win: those who would rather put the money in financial markets than trust the federal government could do so, while the federal government would be off the hook for future liabilities that likely would exceed the lump sum payment because of inflation.

Sincerely,

Mitchell Langbert

Cc: Mr. Barack Obama, president of the United States

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