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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (265876)	6/21/2002 3:23:27 AM
From: RON BL	Respond to of 769670

What a fool you are. The whole US government got out of the Ponzi scheme that we are forced to endure.

To: Raymond Duray who wrote (265876)	6/21/2002 9:23:41 AM
From: CYBERKEN	Respond to of 769670

Krugman's failure: He simply doesn't understand that he has described a Ponzi scheme that is both immoral and unsustainable. The original authors of Social Security understood that well, and left it to generations yet unborn to right the wrong they were absolutely sure they were doing. We have failed in our part so far, by allowing the disease of Social Security to make socialists of voters who were raised to know better. That damage to America and her ideals far outweighs the costs of phasing out the Great Swindle. At the current time, SS can begin a phase-out that will still create economic benefit rather than catastrophe. We have created a deflationary environment in which the debt is far too restricted and illegitimately stressed over for cheap political purposes. The increased debt in a SS sinking fund, combined with the freeing up of capital to workers, would create a new prosperity which would far exceed what we have seen since 1981, and allow for the long term retirement of the debt incurred. In 1-and-change decades, that opportunity will have all but disappeared, and the choice will have become jettisoning the Boomer retirees to save a nation sinking into economic depression due to the gross mis-allocation of resources from the private to the public sector, vs carrying them by impoverishing the productive citizens of our society. The Congresses of 2003 and 2005 can be relied on to kow tow to our "golden seniors". The Congresses of 2016 and 2018 will find this idea as foreign and ridiculous as the King's tariffs or legalized slavery. The nation will be made whole again, but millions will be made to suffer and die. That is the lesson and legacy of Social Security...

To: Raymond Duray who wrote (265876)	6/21/2002 4:11:45 PM
From: gao seng	Respond to of 769670

A sample of Mr. Blahous's tactics is his insistence that private accounts don't weaken Social Security, because diverting money from the trust fund into those accounts doesn't reduce the total sum of money available Listen up Beavis, there is no trust fund. And Krugman is an aboslute economic buffoon. -- John Kerry Declares There is No Social Security 'Trust Fund' cnsnews.com. (CNSNews.com) - Democrat Al Gore promised repeatedly to protect the Social Security "trust fund" when he was running for president two years ago. But a likely Democratic presidential contender for 2004 insisted Thursday, "There is no trust fund." Massachusetts Democratic Sen. John Kerry told an audience at the Hispanic Leadership Summit that the retirement system for the nation's elderly is "pay as you go." Kerry's admission about the way the New Deal era program is funded differs from the description offered by Gore and the majority of politicians, Democrat and Republican. They have long portrayed the so-called trust fund as a real fund on which retirees can rely for their Social Security checks.....