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Politics : 2000:The Make-or-Break Election

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To: haqihana who wrote (294)6/24/2000 11:17:00 PM
From: Father Terrence  Read Replies (1) of 1013
 
On another front: Why Bush or Gore Will Make a Lousy President...

Both support the federalist's Social Security. Why is that bad? Read on:

Is Social Security Moral?

Robert W. Tracinski, senior writer for the Ayn Rand Institute in Marina del Rey, CA, eloquently describes the economics underlying the Ponzi scheme behind social security, and more importantly reveals the moral philosophy that supports it, when he writes,

"Consider the main argument leveled against any attempt to privatize Social Security. If we were left to manage our retirement savings on our own, it is claimed, some would fail to plan at all (or would invest foolishly), and would have nothing left for old age.

"What this really means is that, in order to protect the irresponsible investors from their own folly, the responsible ones must have their savings ravaged. It means that those who are capable of planning for their future must be sacrificed for those who, supposedly, are not. This is an egregious injustice."

And to that I add, "and violates individual right to self-determination and undermines individual liberty."
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