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To: Don Lloyd who wrote (21636)7/25/2002 5:09:23 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>>No one has ever gotten rich by writing IOUs to himself.<<

The commandment #5 somehow came across my mind: "Honour thy father and thy mother..." etc, translated "Do onto your parents what you expect your kids would do for you later on" - assuming you have some;

iow, it's an inter-generations IOU.

dj



To: Don Lloyd who wrote (21636)7/25/2002 9:10:18 AM
From: AC Flyer  Read Replies (1) | Respond to of 74559
 
Don:

How do you suggest that social security should work, Don?

>>Nothing in the trust fund can reduce possible future requirements as may occur for new taxes, new borrowing or reduced benefits.<<

I agree 100%. Again, how do you suggest the system should work? The government can not "save" in any meaningful sense as the only instruments with which it can "save" are government IOUs.


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