Posted: Jun 17, 2005 By: Betty J. Knight

Subject: Social Security reform

Comment: SS could be reformed and made more stable by the employee contributing 6.2% on wages up to $200,000. annually, and the matching employer contribution capped at $100,000. wages. Privatization has many unknown factors, and one could loose everything, therefore be worse off. Take a look at what the stock market did in the last five years. Bankruptcy has been too easy of an option, whereby one has nothing!!!!!!!