On 12/24/2011, Kevin Alfred Strom wrote:

Liberty Net: December 17, 2011

• Why, then, do people have faith in an identical
plan called “Social Security”?

On 12/24/2011 1:54 PM, Joe from Kokomo wrote:

Why do people have faith in Social Security?

Just a guess, but the fact that it has worked pretty well for the
last 76 years might have something to do with it.

On 12/24/2011, Kevin Alfred Strom wrote:

Well, if you call "working pretty well" a system in which 1) one is
forced to "invest" essentially at gunpoint, and 2) in which the vast
preponderance of the assets of the investors are looted at will and have
been bled nearly dry by debasement of the currency and 3) which keeps
afloat only by more forced extractions from new victims, then I guess
you're right.

Well yes, I DO contend it works pretty well. (Please note I did not say
it was perfect.)

* It saved the day for lots of blue-haired little old ladies that never
got married and made peanuts while employed as retail clerks.

* It saved an acquaintance of mine when his father died at a young age.
Social Security kept the wolf away from the door and kept his mother
from having to send him to an orphanage.

* Heck, even a member of this newsgroup (who shall remain nameless) gets
a Social Security disability check.

"Debasement of the currency" is occurring with -or without- Social Security.

And finally, call it "forced" if you will, but many people made such
lousy wages that they were lucky to put food on the table and pay the
mortgage without having any money left over to set aside for their
retirement.