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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (84856)11/4/2000 9:41:27 AM
From: JHP  Read Replies (1) | Respond to of 132070
 
>>Gee whiz JHP, of course the first ones into a ponzi scheme collect. That is the nature of the scam, the new 'investors' pay of the old 'investors' until there aren't enough new 'investors to pay off the old and the whole scheme blows up. That's where socialist security is headed. Also, you haven't addressed the point of redistributing money from the gas station attendant to Bill Gates once.<<
well you use the words scam,ponzi scheme. So it gave me the appearance of blaming the participants in these schemes. I do not think SS is a scam but a successful gov`t program.
Barb i will ask you if your parents and grandparents have enjoyed the benefits od SS?
regards john



To: Mama Bear who wrote (84856)11/4/2000 1:26:50 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 132070
 
mama, jhp just doesn't get it. i could venture a guess why based on his own statements - he feels his family has "beaten" the system. but, everyone else is greedy and selfish.

the poor guy supporting bill gates is just an extreme example. the reality is that ss keep food off the table of many kids. i understand 20-30% of kids are considered in poverty - and this is a low, low level. jhp doesn't want to address this b/c "his family benefited" and apparently nothing else matters.

jhp can't answer whether turning the average worker's $500k (equal to $2400/month and a a static principle) is a sound financial system b/c he KNOWS it isn't. unlike a reasonable person, he won't address it.

"my family benefited" is the chorus. by this definition, everything that benefits jhp's family is a good program and anything that doesn't isn't. and everyone else is selfish. quite comical, actually. ;-)

i'm trying to change a system so that i contribute a significant amount of my paycheck (help the needy!) to it and get nothing back and i'm selfish. unreal.

i'm sure the millions of children in poverty today would be happy they are "statistically insignificant" as long as some folk's families "beat the system." :-(