USANext Stages Swiftboat-Style Attack Ad Against AARP

[charrison]

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

 

[SuperTool]

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

 

[charrison]

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

SS is a ponzi scheme, the stock market is not.

 

[Mursilis]

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

Well, you may be an arrogant elitist, but at least you're an honest one; I'll give you that. First, *I* didn't fail for that dot.com crap; when everyone was spouting stupid slogans like "Profits don't matter in the New Economy", I remembered the words of J. Alfred Sloan (at least I think it was him) talking about GM: "We're not in the business of making cars, we're in the business of making money." Hence, dot-coms which did NOT make money were stupid investments bound to fail once everyone sobered up. And they did.
Second, lots of people do lots of stupid things everyday; so what? Freedom includes the freedom to fail, if it means anything. If some people want the gov't to hold their hand the rest of their life, I don't mind, but let the rest of us opt out of the gov't's silly SS scheme.
Finally, if people don't invest wisely, they'll just have to work longer; hopefully they won't end up on gov't welfare, because I don't support that either.

 

[SuperTool]

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

SS is a ponzi scheme, the stock market is not.

Stock market is a ponzi scheme, SS is not.

 

[charrison]

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

SS is a ponzi scheme, the stock market is not.

Stock market is a ponzi scheme, SS is not.

Care to explain how the stock market is a ponzi scheme?

 

[SuperTool]

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

Well, you may be an arrogant elitist, but at least you're an honest one; I'll give you that. First, *I* didn't fail for that dot.com crap; when everyone was spouting stupid slogans like "Profits don't matter in the New Economy", I remembered the words of J. Alfred Sloan (at least I think it was him) talking about GM: "We're not in the business of making cars, we're in the business of making money." Hence, dot-coms which did NOT make money were stupid investments bound to fail once everyone sobered up. And they did.
Second, lots of people do lots of stupid things everyday; so what? Freedom includes the freedom to fail, if it means anything. If some people want the gov't to hold their hand the rest of their life, I don't mind, but let the rest of us opt out of the gov't's silly SS scheme.
Finally, if people don't invest wisely, they'll just have to work longer; hopefully they won't end up on gov't welfare, because I don't support that either.

I am not elitist, I am a realist. When even wallstreet analysts were pushing dot coms like the second coming, how do you expect normal investors to not fall for the hype and lose their money in a bubble. The people who lose money are going to turn to government for bailout, and since they vote in large numbers, the politicians will give it to them.

 

[SuperTool]

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

SS is a ponzi scheme, the stock market is not.

Stock market is a ponzi scheme, SS is not.

Care to explain how the stock market is a ponzi scheme?

pets.com

 

[charrison]

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

SS is a ponzi scheme, the stock market is not.

Stock market is a ponzi scheme, SS is not.

Care to explain how the stock market is a ponzi scheme?

pets.com

ONe stock of thousands. That does not make a ponzi scheme.

 

[SuperTool]

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool

Originally posted by: Mursilis

Originally posted by: SuperTool

Originally posted by: charrison

Originally posted by: SuperTool
Social security has been paying the benefits, and it will be able to pay them very far into the future.

Just as the stock market has been making returns of 12% annually on average.

But they can't even guarantee 12% return a year from today, much less to 2042.

But you can't guarantee anything, because money paid into SS is legally a tax, and Congress only returns anything to you at their own discretion. It could be $10K a month, or it could be jack, and there's not a darn thing you can do about it, legally. It's not like a private mutual fund can tell you "Sure, you paid $100K into our fund over your working lifetime, but we blew most of it on beer and cheap women, so here's a hundred bucks, and that's all you're going to get." Fidelity can't legally do that, but the Social Security Administration sure can, and since it's my money to start with (unless you're the type of liberal who doesn't believe any dollars are private), I'd rather take my chances with Fidelity.
I thought you libs were pro-choice? Why can't I opt out of the gov't Ponzi scheme? I guess people who want to make their own investment decisions are dangerous or something; better to have the gov't in charge of it all.

Stock market is also a Ponzi scheme. And yes, Americans cannot make their own investment decisions. As evidenced by the doc com bubble. I really don't think people who valued companies with huge losses and tiny revenues at many billions of dollars can be trusted to save for their retirement, because they will only end up on government welfare when their investments don't pan out.

The stock market is not a ponzi scheme.

It's as much of a Ponzi scheme as SS.

SS is a ponzi scheme, the stock market is not.

Stock market is a ponzi scheme, SS is not.

Care to explain how the stock market is a ponzi scheme?

pets.com

ONe stock of thousands. That does not make a ponzi scheme.

Exactly, one stock of thousands like it. Who made the money and who got stuck holding the bag? How was it not a ponzi scheme?

 

[SuperTool]

Ok, now how is SS a ponzi scheme?

 

[raildogg]

The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little. -FDR


:thumbsup:

Awesome quote. Especially when you're a superpower, you're more obliged to help the needy.

FDR was an amazing president and more importantly, a great human being.

 

[Mursilis]

Originally posted by: raildogg
The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little. -FDR


:thumbsup:

Awesome quote. Especially when you're a superpower, you're more obliged to help the needy.

FDR was an amazing president and more importantly, a great human being.

No, a great human being is generous with his/her own wealth; a Democrat is generous with other people's wealth and is nothing more than a glorified thief. It takes no nobility of spirit to be generous in a way which will cause no personal pain/hardship, as in the giving away of public (vs. private) funds.
See my sig for an even better quote by James Madison.
BTW, I believe in charity, and practice it myself; I just don't believe my personal views regarding charity should be forced on others. Charity should only be voluntary.

 

[charrison]

Originally posted by: SuperTool
Ok, now how is SS a ponzi scheme?

Pon·zi scheme Audio pronunciation of "ponzi scheme" ( P ) Pronunciation Key (pnz)
n.

An investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later ones.

This exactly describes the current pay as you go SS method. IT would be illegal if the goverment was not runnding.

 

[Specop 007]

Originally posted by: raildogg
The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little. -FDR


:thumbsup:

Awesome quote. Especially when you're a superpower, you're more obliged to help the needy.

FDR was an amazing president and more importantly, a great human being.

That man was a theif and in large part resonsible for all the BS "help the needy" programs which slowly suck out my tax dollars.
To hell with the needy, to hell if providing enough for those who have little. And to hell with the Democrats for continuing to take my money to help out the lazy in this country. To hell with ALL of them :|

 

[Jhhnn]

The whole attack on SS and the AARP is merely diversionary while the real scam is being perpetrated within the general fund and also within the stock market.

Surplus funds from SS tax collections, loans, cover only about 1/3 of current deficits, the rest is borrowed from other sources. The situation has been created by taxcuts for the wealthy, very lax tax enforcement on top incomes, increased corporate subsidies, and a war of adventure in Iraq. Much of Govt services currently provided to the average taxpayer are financed in exactly the same method as used in ponzi schemes- time shifting the liabilities into the future.

The stock market currently runs on share price appreciation rather than dividends, and has for 25 years. As corporate execs and BOD members divert a larger and larger share of revenues to themselves, the only way for average investors to make money is for the price of shares to go up, and the only way that happens is for more money to enter the market, either voluntarily, or with a forced diversion from SS... If stocks were such a great deal, then why would the folks who own them want to force you to buy theirs? Because the weasels of Wall Street are really just a bunch of swell guys?

 

[conjur]

Originally posted by: Specop 007

Originally posted by: raildogg
The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little. -FDR


:thumbsup:

Awesome quote. Especially when you're a superpower, you're more obliged to help the needy.

FDR was an amazing president and more importantly, a great human being.

That man was a theif and in large part resonsible for all the BS "help the needy" programs which slowly suck out my tax dollars.
To hell with the needy, to hell if providing enough for those who have little. And to hell with the Democrats for continuing to take my money to help out the lazy in this country. To hell with ALL of them :|

Heil Specop!

 

[Darkhawk28]

Originally posted by: Specop 007

Originally posted by: raildogg
The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little. -FDR


:thumbsup:

Awesome quote. Especially when you're a superpower, you're more obliged to help the needy.

FDR was an amazing president and more importantly, a great human being.

That man was a theif and in large part resonsible for all the BS "help the needy" programs which slowly suck out my tax dollars.
To hell with the needy, to hell if providing enough for those who have little. And to hell with the Democrats for continuing to take my money to help out the lazy in this country. To hell with ALL of them :|

Considering the largest tax increases came under Reagan and Bush, I don't know how you make that claim. Yes I do, but that's a whole seperate thread altogether. If you don't like doing the right thing and helping people with a hand-UP, then you need to follow your little "colleagues" advice and get the f*ck out of this country if you don't like it. Then you'll REALLY find out how LITTLE you're taxed in this country.

You're the typical neoconservative blowhard... "Wah wah wah, it's my money, it's my money." Pout, pout, pout. Tough, we all have to pay taxes. It's called being part of a SOCIETY.

Tell you what, take all your neoconservative buddies, find an island (a nice one even) and move there. Take all your money, belongings, whatever and rot there. No one will EVVVER take your money again. Sound like a plan? Good. Buh-bye.

 

[Genx87]

[q[]Tell you what, take all your neoconservative buddies, find an island (a nice one even) and move there. Take all your money, belongings, whatever and rot there. No one will EVVVER take your money again. Sound like a plan? Good. Buh-bye. [/quote]

It would be funny to see all the wealthy repbulicans leave. Where you make up the 70% of the taxes they pay?

 

[Darkhawk28]

Originally posted by: Genx87
[q[]Tell you what, take all your neoconservative buddies, find an island (a nice one even) and move there. Take all your money, belongings, whatever and rot there. No one will EVVVER take your money again. Sound like a plan? Good. Buh-bye.

It would be funny to see all the wealthy repbulicans leave. Where you make up the 70% of the taxes they pay?

[/quote]

No problem, even the wealthy are expendable and replacable.

 

[Genx87]

No problem, even the wealthy are expendable and replacable.

k

 

[conjur]

The Freepers are behind it.

http://ice.he.net/~freepnet/ (CPAC...this is the group that Zealot Miller just spoke at and gave some award to the Swiftboat liars)

Financial Disclosure

Form 1024 - http://ice.he.net/~freepnet/form1024.php
IRS Recognition Letter - http://ice.he.net/~freepnet/irs_accept.php
Form 990 for 2003 - http://ice.he.net/~freepnet/form990.php?2003
Form 990 for 2002 - http://ice.he.net/~freepnet/form990.php?2002
Form 990 for 2001 - http://ice.he.net/~freepnet/form990.php?2001


Who's behind the Swiftvet liars?
http://swiftvets.eriposte.com/behindsbv.htm


In the meantime, King Douchebag kisses the liars' asses:
http://mediamatters.org/items/200502230005

 

[SuperTool]

Originally posted by: charrison

Originally posted by: SuperTool
Ok, now how is SS a ponzi scheme?

Pon·zi scheme Audio pronunciation of "ponzi scheme" ( P ) Pronunciation Key (pnz)
n.

An investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later ones.

This exactly describes the current pay as you go SS method. IT would be illegal if the goverment was not runnding.

Wait, weren't you rigthwingers just complaining that SS does not provide high enough profits and needs to be replaced with private accounts? Also, it doesn't promise profits from fictitious sources, it promices profits from investor money invested in US government bonds. If it's a pay as you go system, why has it been running a surplus?
It's not anywhere near the ponzi scheme that the stock market has been in very recent years.

 

[MonkeyK]

Using Pets.com to show the stock market is a ponzi scheme is like using a specific con artist to show that the dollar is ponzi scheme.

Just because you can use the medium for a scam, doesn't make the medium itself a scam.

 

[MonkeyK]

Originally posted by: Genx87
[q[]Tell you what, take all your neoconservative buddies, find an island (a nice one even) and move there. Take all your money, belongings, whatever and rot there. No one will EVVVER take your money again. Sound like a plan? Good. Buh-bye.

It would be funny to see all the wealthy repbulicans leave. Where you make up the 70% of the taxes they pay?

[/quote]

I thought that our blue/red charts showed us that it was the other way around.