Wise Words

[Accountable]

If Social Security is supposed to be a mandated savings plan for U.S. citizens, how hard can that be?

But it's not. Savings implies that you get back what you put in. Someone old gets out what you put in. When you get old you're getting what some youngster is putting in. Thus, Ponzi scheme.

Social Security is something the electorate should be absolutely screaming about, but we are a bunch of stupid lemmings.

Some of us are screaming about it. Some others think that we should keep it until they get theirs, then get rid of it.

 

[Accountable]

In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.
Lee Iacocca

One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.
Lee Iacocca

 

[cam elle toe]

"you're all gonna die in a pointless war"

Grandpa Simpson to Jimbo Kearney and Dolph.:24:

 

[Minor Axis]

But it's not. Savings implies that you get back what you put in. Someone old gets out what you put in. When you get old you're getting what some youngster is putting in. Thus, Ponzi scheme.
Some of us are screaming about it. Some others think that we should keep it until they get theirs, then get rid of it.

As much as you'd like it to be for political ammo, it's not a Ponzi scheme. I think at some level you recognize that even if you won't admit it.

 

[Accountable]

As much as you'd like it to be for political ammo, it's not a Ponzi scheme. I think at some level you recognize that even if you won't admit it.

Thanks for not disagreeing that it's not a savings plan.

:jk

 

[Accountable]

Economics is extremely useful as a form of employment for economists.
John Kenneth Galbraith

 

[Minor Axis]

"Hold on to your butts!"
-Ray Arnold (Jurassic Park)

And since I'm doing Jurassic Park:
"God creates dinosaurs. God destroys dinosaurs. God creates man. Man destroys God. Man creates dinosaurs. Dinosaur eats man."

 

[boombala]

"Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it."

Mark Twain

 

[Accountable]

A fool and his money are soon elected.
Will Rogers