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Old August 9th 11, 05:28 PM posted to rec.radio.shortwave,alt.news-media,alt.fan.rush-limbaugh,alt.politics.economics,alt.politics.liberalism
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Default -hint- Social Security is a "Ponzi-Scheme"

On 8/9/2011 11:34 AM, Sid9 wrote:

"Beam Me Up Scotty"
wrote in message ...
On 8/9/2011 10:10 AM, dave wrote:
On 08/09/2011 06:25 AM, Beam Me Up Scotty wrote:


you lost it in a Ponzi scheme, those people rarely get much money back.


Take the loss and put the people that run the Ponzi scheme in prison
with Bernie Maddoff. Then sue them and take their personal assets and
that will be the best you can hope for.


Three trillion dollars in T-bills is no Ponzi scheme. That is what the
people who want to steal it tell idiots like you, so when they do take
it you won't get mad. I have made 6 figures in direct SSA payments, I do
not expect to live long enough to collect it all.


If you stop taking in new suckers, and keep paying out benefits.....
will it still be solvent?



What or who will stop it?

It's worked in Germany since 1890..


The collapsing economy will stop it.

The fact that more people collect than pay in is cataclysmic... Are you
going to start a war to kill enough elderly Americans to get the ratio
of payers to users more equal?



 
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