Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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FJB

To: Wharf Rat who wrote (761543)	1/6/2014 5:27:09 PM
From: TimF	1 Recommendation Read Replies (2) of 1574248

It is a handout. First from you to the people who retired before you, then from the people younger than you to you, and so forth. It doesn't function as insurance, even if it gets called that. Its also not a retirement investment fund for you, it was never really invested. The money was taken from you and spent. Now its being taken from others (and maybe you I don't know how old you are, or if your still working) and spent. It can be called insurance or investment, or any other label people want to put on it, but its really tax and spend.

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