President Bush is vowing not to increase the payroll tax to fix the Social Security ponzi scheme. If they didn't collect that tax at the point of a gun, I would have opted out years ago. I hate social security and have come to the realization that I will never see a dime the 15% of my income that they seize from me each year. The money they take from me every month would make a nice mortgage payment in most communities.

Even if I do qualify to receive social security benefits (in the year 2040), the payments are likely to MAX out at 1/3 of my current salary. At least that is what my annual statements are telling me. No offense, but I hope to IMPROVE my living standard over time, not regress backward. As such I have already taken steps to plan for retirement. I have 401k, whole life, and several other investments going. When I retire I hope to actually get a raise, rather than having to settle for 1/3 of my income. Of course I would have a much better chance if politicians didn't take 15% of my income for their vote-buying scheme.

Keep in mind that if Social Security were run by private individuals they would be rounded up and thrown in jail. It's a ponzi scheme pure and simple, but since it's run by the government it must be okay.